Your Definitive Guide to the Hyundai Ioniq 6 Electric Car Lease deal

The Hyundai Ioniq 6 Electric Car Lease deal, your definitive guide

One of the UK’s favourite EV brands, Hyundai, have been somewhat consistent with their product repertoire - the Kona, Ioniq and Ioniq 5 have so far been favourable business and company car options.

But moving away from small hatchback and SUVs, the Korean manufacturers made the decision to engage more with the company car market by producing a saloon capable of matching the Polestar 2, Tesla Model 3 and BMW i4. And while electric cars are for both personal and business users, because of enhanced tax incentives for business and salary sacrifice customers this is where most of the action has been happening in 2023. In August 2023, some 51,951 “fleet” vehicles were registered compared to 32,794 last year.

And when you consider that 17,243 EVs were registered in August compared to 10,006 in August 2022, this does represent a considerable market and opportunity. You only have to look at the 2,313 Tesla Model Y and 1,698 Tesla Model 3 registrations, to appreciate just how key the EV market is to the long-term health of every manufacturer. If your brand is not already involved in this, you may not be around for long …

Can small businesses use salary sacrifice to lease cars like this?

And on the salary sacrifice, or sal sac, element, it’s worth noting that this is now a more common route for accessing all-electric vehicles. And while much of it is advertised as a “Big Company” feature, this is not something which should be ignored by the SME market too. As a mutual agreement between the employer/employee, the employee will reduce their gross salary (before tax) in exchange for the EV.

This has a corresponding reduction in PAYE and NI contributions for both the employer and employee, so it is a mutual benefit to both parties. With most schemes, like the e-car salary sacrifice scheme, including the vehicle, service and maintenance, insurance and ET assurance / insurance cover, this is a robust and much cheaper way for the employee to use a new electric car.

Using your salary, after tax, would be far more costly and inefficient especially if the employer is VAT registered.  While there are accounting, HR and legal implications, the partners we work with can help the employer / employee to achieve the right solution. And with many small businesses looking to enhance their offering and cement employee retention and loyalty, the cost-neutral salary sacrifice scheme could be one option to use. 

The all-electric Ioniq 6 saloon is definitely the “electrified streamliner” it promises to be. Externally, this vehicle moves away from the boxy and stoic designs which are often attributed to the Hyundai brand; in many ways this opens the manufacturer up to the more luxurious and prestige car fans of the UK.

Clearly influenced by the CLA, 4 Series Gran Coupe and even the Porsche, this presents a striking image for most customers. But aesthetics are not just at the heart of the Hyundai Saloon - the underpinning infrastructure has been carefully produced to provide a positive electric driving lifestyle with the 800V charging tech.

As detailed below in our EVC™ analysis this means robust charging capabilities to supplement the healthy range of the car. Internally, the “6” emulates its hatchback predecessor “5” with a spacious cabin, clean dashboard and surprising technological features. As at September 2023, UK customers can choose from:

•  Premium - from £47,040 for the RWD option, this includes solar glass, privacy glass, 20” alloys, electrically adjustable door mirrors (heated and folding), driver/passenger lumbar support, heated steering wheel, heat pump, smart cruise control, BCA, LKA, front/rear parking sensors, wireless phone charging, Pirelli P0 tyres, keyless entry/start and a rear view monitor; or
•  Ultimate - from £50,540 for the RWD option, this adds features like leather interior, auto flush handles, memory seat for the driver and HUD.

The brand also have some nifty features like the V2L functions, which allows you to charge electrical equipment up to 3.6 kW from inside your car. And other features like the Matrix LED lamps, digital side mirrors, relaxation seats, interactive LED steering wheel and additional dealer-fit accessories like a detachable tow bar or bike carrier, demonstrate just how progressive this fastback really is. 

          
So how does the standard 2WD Long Range  perform?

This RWD will have a 74 kWh usable battery which will offer 0 – 62 times of 7.4 seconds, 115 mph top speeds and 168 kW (or 225 hp). Expect a combined winter range of 255 miles with warmer weather allowing for 355 miles. On charging, the 11 kW AC max will allow 8 hour 0 – 100% charging times with the 233 kW DC maximum allowing 16 minute 10 – 80% times.

A cargo volume of 401L is available with this car. It has a vehicle fuel equivalent of 167mpg. This option can tow 750kg (Unbraked) or 1500kg (Braked). This EV does have Bidirectional charging with the V2L function you have a Type 2 exterior adapter and an interior UK socket (230V). 

          
So how does the standard 2WD Long Range  perform?

This RWD will have a 74 kWh usable battery which will offer 0 – 62 times of 5.1 seconds, 115 mph top speeds and 239 kW (or 321 hp). Expect a combined winter range of 230 miles with warmer weather allowing for 315 miles. On charging, the 11 kW AC max will allow 8 hour 0 – 100% charging times with the 233 kW DC maximum allowing 16 minute 10 – 80% times. A cargo volume of 401L is available with this car. It has a vehicle fuel equivalent of 150mpg.

This option can tow 750kg (Unbraked) or 1500kg (Braked). This EV does have Bidirectional charging with the V2L function you have a Type 2 exterior adapter and an interior UK socket (230V). 

In terms of the car shown, the Hyundai IONIQ 6 ELECTRIC SALOON 168kW Premium 77kWh 4dr Auto (Pure Electric Vehicle), this is based on the following configuration: 

•  Additional Pearl Paint
•  Cloth - Black
•  20" Pirelli Pzero alloy wheels
•  Charging cable - 7 pin type 2
•  Emergency 3 pin connector charging cable

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