2025 Hyundai Ioniq 5 vs 2025 Hyundai Ioniq 6

There has been a lot of confusion about 2023’s new federal EV tax credit law.  First of all, when it comes to the tax code, many of us find it beyond confusing.  That is why a lot of people rely on tax professionals to help them prepare their annual tax returns.  Well the new EV tax credit won’t disappoint you, it is extremely confusing. more So What Exactly Is The Electric Vehicle Tax Credit? The electric vehicle tax credit is a nonrefundable tax credit. It is offered to taxpayers who purchase a qualifying new electric vehicle or plug-in hybrid vehicle. It can also be used on qualifying used electric vehicles.  A nonrefundable tax credit will lower your tax liability by the credit amount. However, it can only be used to offset taxes owed. If you do not owe taxes and are receiving a refund, you can not use the tax credit.  Taxpayers can only claim one credit per vehicle. The new vehicle EV tax credit is worth up to a total of $7,500. It consists of a $3,750 tax credit for the battery requirement and a $3,750 tax credit for the critical minerals requirement. The new electric vehicle must meet several other qualifications in order to qualify the full EV tax credit. You may also qualify for up to $4,000 tax credit on qualifying used electric vehicles. There is a maximum limit of 30% of the sales price of a used EV. How Will I Know If I Qualify For The Tax Credit? First, the vehicle you are purchasing must qualify for the tax credit.  The vehicle must meet several criteria such as MSRP, final assembly requirements, and battery & critical minerals requirements.  The IRS urges taxpayers to use its tool for the most up to date information on the tax credit and vehicle requirements.  You can now consult the FuelEconomy.gov website for the latest information. The purchaser of the electric vehicle must also qualify for the tax credit.  The new law sets limits on the modified adjusted gross income for taxpayers in order to qualify for the tax credit.  If both the vehicle and the taxpayer meet the requirements for the tax credit, you must file IRS Form 8936 with your tax return to claim the EV tax credit. Wallace Hyundai Is Here To Help Let the sales professionals at Wallace Hyundai of Stuart help answer any questions you may have on new or used electric vehicles and plug-in hybrids.  You can also find answers to many of your questions at the Wallace Hyundai EV Education Center.  Ready to explore a new or used electric vehicle, contact Wallace Hyundai today.

2023 Hyundai Ioniq 5 Is A Winner If you are looking for a Hyundai Ioniq 5 for sale near Stuart and Fort Pierce, Wallace Hyundai of Stuart is your Dealership.  Owning the Hyundai Ioniq 5 has a ton of benefits like HOV lane access, no more gas pump stops, no more oil changes, and best of all zero tailpipe emissions.  Technology like a 12.3 inch touchscreen display with navigation, a 12.3 inch digital instrument cluster, Android Auto/Apple CarPlay integration, and LED interior illumination come standard on the Hyundai Ioniq 5.  Hyundai SmartSense safety features like Blind-Sport Collision Avoidance, Highway Driving Assist, Forward Collision Avoidance, Lane Keep Assist, and Driver Attention Warning are just a few of the standard safety features available on the Hyundai Ioniq 5.  On top of all those benefits, it turns out, the 2023 Hyundai Ioniq 5 is a great electric SUV.  In fact it was named MotorTrend's 2023 SUV of the Year! more Driving the new Hyundai Ioniq 5 is a blast with quick and smooth acceleration from the electric motor's instant torque.  Enjoy 225 horsepower and 258 lb.-ft. of torque on the Hyundai Ioniq 5 RWD model.  If you are looking for even more power, the dual electric motors on the Hyundai Ioniq 5 AWD will give you 320 horsepower and 446lb.-ft. of torque.  Either model will sink you back into your seat when you step on the accelerator.  Another big advantage of the Hyundai Ioniq 5 all electric SUV is more interior room.  Not having a gas powertrain allows for a completely flat floor and longer wheel base compared to other crossover SUVs.  This allows for greater interior cabin headroom and leg space. Travel far in the 2023 Hyundai Ioniq 5, which has an EPA-estimated range of 303 miles on a single charge.  It is also one of the fastest charging electric vehicles with the ability to handle many different charging stations, starting with a 240V AC charging Level 2 charger.  Install and use the Level 2 charger to power up your Ioniq 5 at your home.  The Hyundai Ioniq 5 can also recharge at a 400V DC Level 3 charger with the battery capable of charging to 80% in 25 minutes.  Most public DC charging stations use these Level 3 chargers.  The Hyundai Ioniq 5 is also one of the few electric vehicles that can handle an 800V DC ultra-fast charger, which can charge the battery to 80% in 18 minutes.  In fact, just 5 minutes at an 800V DC ultra-fast charger can get you up to 68 miles of range.  The Hyundai Ioniq 5 will also charge the battery when you coast or brake.  The regenerative brakes convert the wheel's rotation into electricity to be stored in the battery for later use.  When you purchase a 2023 Hyundai Ioniq 5, you also get two years of 30-minute complimentary charging sessions at Electrify America's network of DC fast-charging stations across North America.  You can feel confident there is always a place for you to power up your Hyundai Ioniq 5.  You can also use the Hyundai Ioniq 5 to power large equipment and appliance outside of the electric vehicle.  Vehicle-to-Load (V2L) 120V charging outlets supply power inside and outside of the Hyundai Ioniq 5 electric SUV.  Now you can plug in a TV and coffee machine while on a camping trip and power your laptop to stay connected while you are away.  All of these impressive features, range and charging speed is made possible by the state-of-the-art battery pack that is backed by a 10-year/100,000-mile limited warranty.  So what are you waiting for? Schedule a test drive in a 2023 Hyundai Ioniq 5 today at Wallace Hyundai of Stuart. 2023 Hyundai Kona EV SUV Another great all electric SUV from Hyundai is the 2023 Hyundai Kona.  Just like the Hyundai Ioniq 5 above, you get all the benefits of owning an EV like HOV Lane access, no more gas pumps, no oil changes, and zero tailpipe emissions.  The standard 10.25 inch digital instrument cluster shows all your important driving information.  You can also get important vehicle information, messages, maps and entertainment on the 8 inch or available 10.25 inch touchscreen navigation display.  Android Auto and Apple CarPlay integration gives you wireless access to your favorite apps and entertainment.  Hyundai SmartSense safety features like Forward Collision-Avoidance, Blind-Spot Collision-Avoidance, Rear Cross-Traffic Collision Avoidance, Rear Occupant Alert, and Safe Exit Warning are standard on the Hyundai Kona SUV. The Hyundai Kona Electric SUV has an EPA-estimated range of 258 miles and pumps out 201 horsepower and 291 lb.-ft. of torque to power a 120 MPGe ride.  Charging the Hyundai Kona couldn't be easier.  Charge your Hyundai Kona with either a Level 2 or a Level 3 quick charger.  Finding a DC fast-charging station to recharge is easy with Electrify America.  Their expansive network of fast-charging stations lets you feel confident there is always power ahead.  When you buy a 2023 Hyundai Kona Electric SUV, you get 250kWh of charging from Hyundai to use at any Electrify America charging station.  You can also recharge on the go with the regenerative braking system which converts the wheel's mechanical energy into electricity and stores it in the battery.  The Kona's advanced lithium ion batter is covered by a 10-year/100,000-mile limited warranty, giving you plenty of confidence you are purchasing a reliable power source. Hyundai Home is a new program from Hyundai that enables customers to arrange for the installation of solar panels, home energy storage units and a Level 2 ChargePoint Home Flex EV charger. Hyundai Home gives you a way to be more environmentally friendly and complements Hyundai's new lineup of electric vehicles.  You can easily power your home and new Hyundai Kona by producing, storing and using your own energy with Hyundai Home.  Researching solar energy is time consuming and complex.  That is why Hyundai and its partner, Electrum, have done the homework for you.  Find out information on solar power benefits, solicit estimates and connect with local installers, and calculate potential local government and utility incentives into pricing with Hyundai Home.  The future is now. Schedule a test drive of the 2023 Hyundai Kona Electric today at Wallace Hyundai of Stuart. Why Buy A Hybrid Vehicle From Wallace Hyundai Of Stuart Owning a plug-in hybrid car or an all-electric vehicle comes with loads of benefits.  Not having to stop at the gas station any longer saves you money and also time.  What about doing your part to improve the environment?  Keeping the Treasure Coast beaches and air clean should be a priority to all of us that live and work here! Wallace Hyundai of Stuart is your dealership for a used hybrid car for sale.  Browse our inventory then contact Wallace Hyundai of Stuart or schedule a test drive appointment online.  The Wallace Hyundai team is here to help you find the right used hybrid vehicle at the right price!

Wallace Hyundai of Stuart Welcomes Robert Gould As Its New Service Manager Wallace Hyundai of Stuart is proud to announce Robert Gould as its new Service Manager. Robert has worked in the automotive industry for 18 years starting as a car detailer and working his way up to service manager. Robert has been with the Wallace Automotive Group for five years, holding service advisor and service manager positions at Wallace Chevrolet, Wallace Cadillac, and Wallace Nissan. Robert has been recently promoted to the service manager position at Wallace Hyundai of Stuart Service Department. When Robert is not at work, he enjoys fitness, football and enjoying the exciting theme parks that Florida is known for. Robert will bring his extensive automotive industry experience to his new role to make sure all Wallace Hyundai customers receive a great service experience. Schedule your next Hyundai service appointment at Wallace Hyundai of Stuart, and be sure to say hello to Robert.