Learn More About the 2026 IONIQ 5 with Spokane Hyundai
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With the expiration of the federal EV tax credit for the IONIQ 5, Hyundai has stepped up to
ensure Inland Northwest drivers still enjoy meaningful savings. Through substantial price
reductions across the 2026 IONIQ 5 lineup, Hyundai has more than offset the loss of federal
incentives—reinforcing its commitment to affordability, accessibility, and leadership in the
EV market.
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How Much is a Hyundai IONIQ 5?
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- Reductions of $7,600 to $9,800 depending on model
- Average price reduction of $9,155 across the lineup
- 2026 IONIQ 5 SE starting at just $35,000 MSRP
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Hyundai Motor America’s National Announcement
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Hyundai Motor America announced substantial pricing reductions across the 2026
IONIQ 5 lineup today, reinforcing the brand’s commitment to making EVs more accessible and
competitive in the rapidly evolving EV market. The repositioning effort includes model price
reductions ranging from $7,600 to $9,800, enabling Hyundai to better align with current
market dynamics and support increased U.S. production volume.
These changes are
part of a broader strategy to maintain the IONIQ brand’s leadership in the electric vehicle
space while responding to shifting consumer expectations and competitive pressures.
“Hyundai is taking bold steps to ensure our award-winning IONIQ 5 remains a top choice for
EV buyers,” said Randy Parker, president and CEO, Hyundai Motor North America. “This
pricing realignment reflects our commitment to delivering exceptional technology and
innovation without compromise.”
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What’s New in the 2026 IONIQ 5?
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- Dual amperage Level 1 / Level 2 combination charger now included with every model
- Striking new Sage Silver Matte finish
- Ultimate Red and Cosmic Blue Pearl available across all trims
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2026 IONIQ 5 Pricing vs. 2025
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| Model |
Motor |
2025 MSRP |
2026 MSRP |
Reduction |
| SE RWD Standard Range |
125 kW (168 hp) |
$42,600 |
$35,000 |
$7,600 |
| SE RWD |
168 kW (225 hp) |
$46,650 |
$37,500 |
$9,150 |
| SEL RWD |
168 kW (225 hp) |
$49,600 |
$39,800 |
$9,800 |
| Limited RWD |
168 kW (225 hp) |
$54,300 |
$45,075 |
$9,225 |
| SE AWD |
320 hp Dual Motors |
$50,150 |
$41,000 |
$9,150 |
| SEL AWD |
320 hp Dual Motors |
$53,100 |
$43,300 |
$9,800 |
| XRT AWD |
320 hp Dual Motors |
$55,500 |
$46,275 |
$9,225 |
| XRT AWD w/ Tow Hitch |
320 hp Dual Motors |
$55,950 |
$46,725 |
$9,225 |
| Limited AWD |
320 hp Dual Motors |
$58,200 |
$48,975 |
$9,225 |
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*Freight charges for all 2026 IONIQ 5 models are $1,600 and not included in the MSRP
above.
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Is the Hyundai IONIQ 5 a Good Car?
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- World Car of the Year
- World Electric Vehicle of the Year
- World Car Design of the Year
- IIHS Top Safety Pick+
- Car and Driver EV of the Year
- Best Electric SUV – U.S. News & World Report
- Best Buy Awards – Kelley Blue Book
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Want a 2026 IONIQ 5? Visit Our New Hyundai Coeur d’Alene Area Dealer
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Spokane Hyundai has over 30 incoming 2026 IONIQ 5s arriving soon, ensuring our
customers can take advantage of these unprecedented savings and secure the trim level and
color they want. Stay up to date with our new Hyundai specials near Post Falls to get the most out of your next car!
We invite drivers from Spokane, Coeur d’Alene, Post Falls, Liberty Lake, and across the
Inland Northwest to experience why the IONIQ 5 continues to set the standard for electric
SUVs. Have any questions about Hyundai finance or the new IONIQ 5? Contact us below!
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