Thanks to increased rebates, the 2023 Hyundai Ioniq 6 is now cheaper to buy than a Tesla Model 3.
Hyundai recently increased rebates on the Ioniq 6 from $3,750 to a maximum $5,000 for the SE and SEL trim levels, CarsDirect
![2023 Hyundai Ioniq 6 2023 Hyundai Ioniq 6](https://world-of-cars.net/wp-content/uploads/2023/06/hyundai-ioniq-6-undercuts-tesla-model-3-with-5000-price-cut.jpg)
2023 Hyundai Ioniq 6
The $5,000 rebate effectively brings the base price of an Ioniq 6 down to $37,715. The Tesla Model 3 currently starts at $41,630. However, the base Model 3 is rated at 272 miles of range, compared to 240 miles for the base Ioniq 6 SE. The Ioniq 6 SE Long Range, with a larger battery pack, offers a 361-mile range