The Ioniq 9 may have only just launched in America this month, but Hyundai is already moving quickly to attract attention and drive foot traffic to its dealerships. To spark interest, the automaker is offering some very competitive leasing and financing deals, providing potential buyers with a strong incentive to consider the brand’s first-ever three-row electric SUV.

Several trim levels of the Ioniq 9 come with up to $13,000 in lease cash that discounts the MSRP, available for those who opt for a 36-month lease. This makes it possible to drive away in a rear-wheel-drive Ioniq 9 S for as low as $419 per month.

Read: Hyundai’s Ioniq 9 Is Pricier Than EV9 But More Miles May Just Sell It

Before you get too excited, though, the devil is in the details. Hyundai also requires a $4,999 down payment, which raises the effective monthly payment to $558. Even so, this still seems like a solid deal, especially when you compare it to the $662 monthly payment for a Toyota Highlander XLE Hybrid, according to CarsDirect.

For those not keen on a three-year commitment, a 24-month lease is also available, though the lease cash decreases slightly, ranging between $10,000 and $11,000 depending on the model.

If leasing isn’t ideal, Hyundai offers two appealing financing options. Customers can opt for a 1.99% financing rate, or a 5.99% rate that includes a $5,000 bonus. Additionally, the Ioniq 9 qualifies for the full $7,500 federal EV tax credit, meaning total savings could reach up to $12,500. For some buyers, this could bring the cost of financing a brand-new Ioniq 9 down to $48,000.

All versions of the Ioniq 9 come equipped with a large 110.3 kWh NMC lithium-ion battery pack. The base model gets a single 215 hp electric motor at the rear axles and has a quoted range of 335 miles or 539 km. Sitting above this model in the range is the Ioniq 9 AWD SE with 303 hp and 320 miles (515 km) of range.

Hyundai is also offering three versions of the flagship Ioniq 9 Performance, each delivering 422 horsepower and a range of 311 miles (500 km).

The Ioniq 9, Hyundai’s first all-electric three-row SUV, has been priced from $58,955 in the United States and tops out at $76,490. While it’s a little pricier than the Kia EV9, with which it shares its platform, the Ioniq 9 has a much larger battery pack and offers more driving range than its Kia cousin.

All Hyundai Ioniq 9 models are underpinned by a 110.3 kWh NMC lithium-ion battery pack, including the base model. This version, known as the Ioniq 9 RWD S, pairs the sizeable battery with a 215 hp electric motor driving the rear axle, offering a quoted range of 335 miles (539 km), making it the range champion in the lineup.

Read: New Hyundai Ioniq 9 Lands With Three-Rows And Massive 110.3 kWh Battery

While paying $58,955, not including a $1,600 destination fee, may sound like a lot given the cheapest Kia EV9 starts at $54,900, it’s worth noting the base Kia only has a 76.1 kWh battery and 230 miles (370 km) of range. Even the higher-end versions of the EV9 make do with a 99.8 kWh battery, and the longest range offered by the EV9 is 304 miles (489 km) in the Light Long Range RWD version.

Five other versions of the Ioniq 9 have been announced in the US, all of which have all-wheel drive. The first of these is the Ioniq 9 AWD SE starting at $62,765 with 303 hp and 320 miles (515 km) of range. Sitting above is the more well-equipped AWD SEL, priced from $66,320 and complete with the same dual-motor powertrain and range.

Three versions of the Ioniq 9 Performance are then available. The base Performance Limited packs 422 hp, 311 miles (500 km) of range, and starts at $71,250. Sitting above in the range is the Performance Calligraphy, starting at $74,990. The flagship model is the Performance Calligraphy Design, priced from $76,490.

All buyers and lessees of the new Hyundai Ioniq 9 can choose to either receive a free ChargePoint Home Flex Level 2 charger or a $400 ChargePoint charging credit. Importantly, all models are eligible for the full $7,500 federal EV tax credit, meaning the cheapest Ioniq 9 effectively starts at $53,055 including destination.

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