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Popular EVs Offered at Discounts Ahead of 2027 Model Arrivals

Hyundai IONIQ 5 and Toyota bZ models are being marked down as dealers prepare for new model year inventory.

Popular EVs Offered at Discounts Ahead of 2027 Model Arrivals
Key takeaway: Top-selling electric vehicles are being discounted during Labor Day promotions to make room for incoming 2027 model year vehicles.

Dealers are running Labor Day promotions on several popular electric vehicle models as they work to clear current inventory before new model year arrivals. The Hyundai IONIQ 5 and Toyota bZ are among the vehicles participating in the sales event, offering consumers an opportunity to purchase established EV models at reduced prices.

Manufacturers and dealerships typically discount outgoing model years when new versions are poised to arrive, allowing them to shift existing stock and make space on lots. This inventory management strategy benefits buyers seeking deals on proven electric vehicle platforms while helping dealers prepare for fresh stock.

The promotions align with Labor Day weekend shopping patterns, when consumers often seek major purchases and automotive dealers run seasonal sales events. Both the IONIQ 5 and bZ have established track records in the market, making them attractive options for buyers during the discount period.