Eligible customers who purchase and take delivery of select new 2025 Hyundai IONIQ 5 vehicles from a participating, IRS-registered dealer between 04/01/25 and 12/31/25 may qualify for a federal new clean vehicle tax credit of up to $7,500. Tax credit is only available on new 2025 IONIQ 5 vehicles with the following model codes: 2025 IONIQ 5 SE STD RANGE (Model Code 51402REZ); IONIQ 5 SE AWD (Model Code 51412AEZ); IONIQ 5 SE RWD (Model Code 51412REZ); IONIQ 5 SEL AWD (Model Code 51442AEZ); IONIQ 5 SEL RWD (Model Code 51442REZ); IONIQ 5 XRT (Model Code 51452AEZ); IONIQ 5 AWD LIMITED (Model Code 51462AEZ); IONIQ 5 RWD LIMITED (Model Code 51462REZ); and IONIQ 5 AWD XRT with Tow Hitch (Model Code 514C2AEZ). 2025 IONIQ 5 vehicles with different model codes, including all IONIQ 5 N vehicles, are not eligible for the tax credit. See vehicle Monroney Label (window sticker) for model code information. Vehicle eligibility is based on various factors, including the vehicle meeting certain assembly and component sourcing requirements, and is subject to change. Customer eligibility for the tax credit depends on customer’s individual circumstances, including whether the customer’s adjusted gross income exceeds certain income thresholds. Not all customers will be eligible. Tax credit may be applied at point of sale or applied against customer’s annual income tax liability. Actual tax credit amount will depend on customer’s individual tax situation. Customers are advised to obtain a copy of the IRS’s confirmation that a “time-of-sale” report was submitted successfully by the dealer. Tax credit is referenced for informational purposes only. This information does not constitute tax, financial or legal advice. Please consult with your tax, financial or legal professional to determine eligibility, amount of tax credit available, if any, and further details. Tax credits are not within Hyundai's control and are subject to change or expire without notice. For more information about the tax credit, please visit the IRS website.
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