The 2026 Hyundai Ioniq 5 starts at $36,600 after price cuts averaging $9,155, up to $9,800 on select trims. Hyundai reduced prices to offset the expired $7,500 federal EV tax credit. Range up to 318 miles; 800-volt fast charging. KBB 2025 Best Electric Vehicle.
With the government discount gone, the company is raising lease prices to compensate.
The federal government’s $7,500 electric vehicle (EV) tax credit expires at midnight Tuesday thanks to a new law.
VW released new pricing this week for the 2026 editions.
A federal anti-junk-fee effort has failed, but California may pass its bill to control what fees dealers can charge.
In July, the average buyer paid $48,841, down slightly from a revised $48,900 in June. That laves prices 1.5% higher than a year ago.
The wholesale prices dealers pay for used cars fell in July, which is often a sign that retail prices will fall soon.
Dealers paid less for used cars at auction in early July — often a sign that retail prices are set to fall soon.
Americans bought 6.3% fewer electric vehicles (EVs) in the second quarter of 2025 than they did in the first.
With fewer Americans shopping for new cars, lenders are loosening their standards, approving more loans and lower down payments.
