I looked up the Canadian
zero-emission vehicle rebate program (see below). It appears there are only two ways a $54,999.99 vehicle qualifies: either there's a base version of that vehicle selling for less than $45K, or the vehicle has 7 seats. If there's a third-row of seats in the Ioniq 5, I haven't read about it yet. I hope someone can help me understand what I'm missing.
To be eligible for the Incentives for Zero-Emission Vehicles program, you have to purchase or lease:
- a vehicle with six seats or fewer, where the base model (trim) Manufacturer's Suggested Retail Price (MSRP) is less than $45,000;
- higher priced versions (trims) of these vehicles, up to a maximum Manufacturer's Suggested Retail Price (MSRP) of $55,000, will also be eligible for purchase incentives;
Or
- a vehicle with seven seats or greater, where the base model Manufacturer's Suggested Retail Price (MSRP) is less than $55,000;
- higher priced versions (trims) of these vehicles, up to a maximum Manufacturer's Suggested Retail Price (MSRP) of $60,000, will also be eligible for purchase incentives;
You will still be eligible for the incentive even if delivery, freight and other fees, such as vehicle colour and add-on accessories, push the actual purchase price over these set limits.