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Select Colorado Hyundai Dealerships: 24-Mo Lease on 2024 IONIQ SEL AWD Electric SUV Expired

$225 down + $225 per month
& More
+199 Deal Score
475,601 Views
Note: We are only able to verify this deal for select Colorado Hyundai Dealerships (includes state-specific credits), but we are promoting this deal on the Frontpage due to positive community feedback; check your local dealership for lease specials available in your area.

Select Colorado Hyundai Dealerships are offering a 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV as listed below. This offer is limited to select locations/dealerships only.

Thanks to Community Members g8trb8 & golemchamp for posting this deal.

Example deals:
  • Schomp Hyundai (Aurora, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • McDonald Hyundai (Englewood, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Phil Long Hyundai (Colorado Springs, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Arapahoe Hyundai (Centennial, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV $0 down + $199 per month
      • Note: Arapahoe terms say "select models" and do not specify if this applies to RWD or AWD model

Original Post

Written by
Edited April 21, 2024 at 08:01 AM by
Hyundai is offering Ioniq 5 SEL AWD 2 year lease for $225 per month and $225 down in Colorado. States without additional EV tax credit will likely be a little higher but you can probably talk them down even more. I got them down to $6k total price for a 2 year lease including all taxes and fees as well as an additional $2k of no charge options/accessories or protection/warranty plans. I also had a quote for a RWD for $4300 all-in.

They really seem to be desperate to get rid of them. I got to the point in negotiating that they literally couldn't lower the price of the car anymore because it made the residual higher than what I would owe on the car which meant Hyundai would've had to pay me to lease the car, which is how I ended up with the extra $2k in options. It also includes 2 free years of charging on the Electrify America network.

The Hyundai website says the offer ends April 30, but I'm guessing they will extend it.

Edit to add copy of final paperwork numbers. Deal was at Schomp Hyundai in Denver but had similar offers from Phil Long Hyundai Chapel Hills in Colorado Springs and McDonald Hyundai in Denver.

https://www.hyundaiusa.com/us/en/...Type=Lease
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Deal
Score
+199
475,601 Views
$225 down + $225 per month

Community Wiki

Last Edited by infin8007 April 25, 2024 at 04:40 AM
THanks op

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Featured Comments

Located in WI, and it was $3,499 due at signing Frown
Google AI says: "Yes, lenders can consider immigration status when underwriting loans, and visa holders may be considered more risky than citizens. This is because immigration status can correlate with national origin, which is protected under the Equal Credit Opportunity Act (ECOA). Lenders can consider immigration status to assess their rights or remedies to recover funds, or if otherwise required to comply with other laws. For example, if a visa expires and the borrower must leave the country, the lender would be unable to recover the balance due on a loan."
I chose to do a 1 pay lease and just pay everything at signing. I also had offers for roughly the same total price with $0 down $254 per month, $1k down $207 per month, and $2k down $161 per month. Admittedly those are slightly better than the $6k upfront but they didn't come with the extra $2k in options which I chose to use on lease end protection and tire/wheel protection

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Joined Aug 2006
Snowflakes up in this
> bubble2 3,381 Posts
1,037 Reputation
RussellJohnson
04-21-2024 at 04:35 AM.
04-21-2024 at 04:35 AM.
Quote from Gameross :
Can you share a copy of the final paperwork?
OP needs to share their contract and exact numbers so other buyers/dealers know how to replicate.

This thread is useless without it.
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> bubble2 571 Posts
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usa2004
04-21-2024 at 04:36 AM.
04-21-2024 at 04:36 AM.
Is it true in Texas that you have to pay TTL on full purchase price? I was told TTL is $3-4k on top of the down payment which is a deal killer
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jadr313
04-21-2024 at 04:51 AM.

Our community has rated this post as helpful. If you agree, why not thank jadr313

04-21-2024 at 04:51 AM.
Around me the offers end up netting out at about $330-350 a month depending on model. Not bad but not great. Add in some weird Hyundai specific dielectric coolant that needs to be changed at 36 months right at lease end on a 36 month lease for $1000 and hard pass.
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> bubble2 564 Posts
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bdotcom
04-21-2024 at 05:02 AM.
04-21-2024 at 05:02 AM.
Quote from usa2004 :
Is it true in Texas that you have to pay TTL on full purchase price? I was told TTL is $3-4k on top of the down payment which is a deal killer

That's correct. Texas requires you to pay sales tax on the full price of the car and not just the lease payment.
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> bubble2 3,069 Posts
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foxblur
04-21-2024 at 05:12 AM.
04-21-2024 at 05:12 AM.
Quote from Wulfrax :
"They really seem to be desperate to get rid of them."

Yep, electric is really going downhill these days quickly. Will be surprised to see EVs last much longer. Even the charging networks are falling apart too.

Thank goodness many of us stuck with gas all this time.
lol what.
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> bubble2 583 Posts
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apkesh
04-21-2024 at 05:13 AM.
04-21-2024 at 05:13 AM.
same for Michigan.
Quote from Slimeyface :
I'm seeing $3499 down and then $225/mo.

$6k all-in is insane!!
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Infin8!
> bubble2 8,236 Posts
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infin8007
04-21-2024 at 05:22 AM.
04-21-2024 at 05:22 AM.
I think OP is adding in a colorado state credit of $5000? The only other place i know that gives a credit like that is like MA but thats' a rebate check i think?

How much is free charging for 24 months worth? $2400? but then again i'm already getting free charging.. so that's not saving me any money personally.. but i am curious what it's worth... vs the average consumer charging at home?

I think it's better to put $6k towards a used bolt (or volt, or i3 rex) depending on your needs..you'll have an EV longer than 2 years for less money.

I'm looking for something with more range than my egolf but the deal has to be right. So right now trying to find one of those 10k bolts with 20k miles or less preferably premier.
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LivelyPollution3024
04-21-2024 at 05:27 AM.
04-21-2024 at 05:27 AM.
3499 due at signing. Why is this up voted so much when it's not even replicateable
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FNwoz
04-21-2024 at 05:29 AM.
04-21-2024 at 05:29 AM.
How many miles a year? I need like 15k.
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Infin8!
> bubble2 8,236 Posts
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infin8007
04-21-2024 at 05:29 AM.
04-21-2024 at 05:29 AM.
BT W i clicked the link and $3500 due at signing with my MD zipcode..

TD unable to replicate deal

OP should add Colorado to the subject / topic line
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> bubble2 1,672 Posts
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bob151
04-21-2024 at 05:34 AM.
04-21-2024 at 05:34 AM.
I went to look at one of these during the pandemic., during the craze. They added $20k to the sticker. _____ the dealers. Glad to see their margins dwindling and inventory raising.
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LCL121
04-21-2024 at 06:05 AM.
04-21-2024 at 06:05 AM.
Which dealership?
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dbernie41
04-21-2024 at 06:15 AM.
04-21-2024 at 06:15 AM.
Quote from infin8007 :
I think OP is adding in a colorado state credit of $5000? The only other place i know that gives a credit like that is like MA but thats' a rebate check i think?

How much is free charging for 24 months worth? $2400? but then again i'm already getting free charging.. so that's not saving me any money personally.. but i am curious what it's worth... vs the average consumer charging at home?

I think it's better to put $6k towards a used bolt (or volt, or i3 rex) depending on your needs..you'll have an EV longer than 2 years for less money.

I'm looking for something with more range than my egolf but the deal has to be right. So right now trying to find one of those 10k bolts with 20k miles or less preferably premier.

A 10k Bolt would qualify for the used EV credit, correct?
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