Kia Offering $5,000 Cash Discount on 2024 EV9
The federal government won’t kick in any cash to help you buy a 2024 Kia EV9 — the electric three-row SUV doesn’t qualify for the EV tax credit — but Kia will. Now through April 30, the automaker is offering a $5,000 cash discount on all EV9 purchases. That means buyers can get into a base Light trim for as little as $51,395 or the top GT-Line variant starting at $70,395 (all prices include $1,495 destination charge).
Related: 2024 Kia EV9 3-Row Electric SUV Full Pricing and Trims Announced, Starts at $56,395
Kia has an even sweeter deal for qualified lessees who act in the same timeframe: a $7,500 lease bonus. If that amount seems suspiciously familiar in the context of new electric vehicles, there’s probably a reason. While there are numerous restrictions on the federal EV tax credit involving vehicle and battery assembly, battery component sourcing and vehicle price, none of them apply to leasing. That’s because a lease is technically a commercial sale (from the automaker to its own captive finance arm), and the tax-credit qualifications do not apply to commercial sales. The automaker isn’t required to pass along that savings to the lessee, but — for the time being, at least — most do.
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Powertrain Specs and Range
The entry-level EV9 Light has a 76.1-kilowatt-hour battery pack and a single motor on the rear axle generating 215 horsepower and 258 pounds-feet of torque; EPA-estimated range for the base setup is 230 miles. Opting for the Light Long Range nets a larger, 99.8-kWh battery pack, which stretches range to 304 miles, but motor output dips to 201 hp.
The rest of the EV9 lineup — Wind, Land and GT-Line — all get the larger battery pack and all-wheel drive. In the Wind and Land, the motors are good for a combined 379 hp and 443 pounds-feet, as well as an estimated 280 miles of range. The GT-Line makes the same 379 hp but ratchets torque output up to 516 pounds-feet. With the extra output and larger wheels, its range drops to 270 miles.
More From Cars.com:
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- All-Electric 2024 Kia EV9 Gets Up to 304 Miles of Estimated Range
- Leased and Used Electric Vehicles Now Qualify for Federal Tax Credits
- What’s New With Electric Vehicles for 2024?
- What to Know Before Purchasing an Electric Vehicle: A Buying Guide
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