Kia is offering several deals for shoppers with the introduction of the 2024 Kia EV9. The company previously announced a lease deal starting from $599 per month and a $7,500 lease incentive.
This past week, Kia announced additional incentives targeted specifically at buyers. The company will provide a $3,750 Customer Cash rebate for all versions of the 2024 EV9 at the time of launch.
If customers don’t want the cash rebate, they can opt for lower-than-average financing rates. According to CarsDirect, promotional financing rates range from 6.49% for an 84-month loan to just 3.25% for a 48-month loan.
As a third option, customers can avail themselves of the Dealer Choice incentive. The Dealer Choice incentive allows customers to receive both the $3,750 Customer Cash rebate and a promotional interest rate.
The promotional interest rate varies depending on the dealership. Rates range from 6.25% to 5.25% for a 48-month loan.
For a car that’s expected to sell as well as the EV9, these deals are surprising. Kia’s year-over-year EV exports increased 90% in October, driven by EV9 sales.
Kia is offering much more substantial rebates for the EV9 than it is for the Telluride, a closely related gas-powered SUV. The Ev9 also comes with larger discounts than other upcoming electric SUVs, such as the 2024 Chevy Blazer.
In addition to providing generous rebates of its own, Kia is working hard to help its US customers get the most of government EV incentives. Kia will begin manufacturing the EV9 at its West Point, Georgia, facility at some point in 2024. This will enable the EV9 to qualify for the $7,500 federal EV tax credit.
However, it’s important to note that for the time being, EV9s are being manufactured internationally. This makes them ineligible for the federal credit.
Image Source: Sawyer Merritt
