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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
+200 Deal Score
482,068 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
+200
482,068 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 Nov 2018
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Isiton
04-22-2024 at 09:20 AM.
04-22-2024 at 09:20 AM.
Looks interesting, but I can't get price details without entering my contact details. So, passing on this.
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> bubble2 1,946 Posts
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flightxxx
04-22-2024 at 09:26 AM.
04-22-2024 at 09:26 AM.
why so many thumbs up if nobody is getting this deal?
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R3DTR1X
04-22-2024 at 09:33 AM.
04-22-2024 at 09:33 AM.
Tempting, but after researching - too many problems with this model. 2025 coming soon, so likely why they are clearing these out so cheap. I don't want to get stranded with this thing. $199/mo seems like a no-brainer until you realize it could be a constant headache.
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Joined Nov 2013
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> bubble2 251 Posts
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Goldeneyebond007
04-22-2024 at 10:04 AM.
04-22-2024 at 10:04 AM.
Quote from goodness97 :
This is an extremely great deal. I just signed a lease about 3 weeks ago for the same car for $389 per month. I wish I had waited. Is there anything I can do at this stage?
nope unfortunately. if it makes you feel better, read through the comments and you'll see the $225/mo offer is not real... especially if you're not in CO. You should feel good that you got a new car sub $400/mo!! that's an awesome deal.
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> bubble2 3,464 Posts
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soobaerodude
04-22-2024 at 10:04 AM.
04-22-2024 at 10:04 AM.
Quote from PurplePolice771 :
Bay Area checking in. A friend of mine recently got the 2 year lease for $8400 at San Bruno. He couldn't do any better after approaching a bunch of dealers in the Bay area. A friend of his did the same. Again around $8500. They weren't budging. So perhaps this is more regional specific according to demand
In the leasehackr Signed forum, someone was able to get $6930 on a 2 year one-pay lease from a Bay Area dealer this past weekend
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najin23
04-22-2024 at 10:05 AM.
04-22-2024 at 10:05 AM.
Can anyone post actual paperwork on the lease terms and numbers?
My question is whether it will actually be $225/mo.
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Joined May 2016
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najin23
04-22-2024 at 10:09 AM.
04-22-2024 at 10:09 AM.
Quote from remainders :
I'd jump in this deal if it were a Tesla
same here. Tesla is just way better in warranty, software, supercharging network, etc.
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atom311
04-22-2024 at 10:09 AM.
04-22-2024 at 10:09 AM.
Quote from NeatCalculator486 :
Honda EV are really crappy gm
I disagree, the new prologue coming this year looks pretty tight on paper.
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OverRuled
04-22-2024 at 10:11 AM.
04-22-2024 at 10:11 AM.
From Hyundai website, there is a lease special for 2024 Ioniq 6 SE at 239/mo for 24 months with 239 due at signing, plus taxes, fees... I found that a dealership (CA) has 1 in stock so I called and was promised that they will honor the deal as advertised by Hyundai. But when I was there, they told me straight that they will not honor it, but will be happy to do it at $348/mo! Really? Does the ad at Hyundai website mean anything?

BTW, taxes/fees add up to $3k hand written on a piece of paper so when I tried to inquire about details and a detailed printout to see the details, the guy said he did not have time to educate me and a printout will not be printed until we agree on a deal.
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scoopbb
04-22-2024 at 10:13 AM.
04-22-2024 at 10:13 AM.
so the dealership / hyundai is getting the 5k state rebate and lessee can't claim it with this deal?
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desi_babu_2010
04-22-2024 at 10:22 AM.
04-22-2024 at 10:22 AM.
Quote from g8trb8 :
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
Quote from BayAreaBMWFan :
If you lose the car you may lose all your lease payments. The insurance company will make the leasing company whole not you.

That's why upfront payments on leases are a bit risky
I have leased 2 EV.
first was a leaf (~10 years ago)
then a bolt (~7 years ago)
finally bought a e golf ~5 years ago

did M2M month ($99) leaf.
1 pay on bolt (not sure but i think it was $4k OTD)

when doing the 1 pay,
this concern of what happens if car is in accident, stolen etc did come up.
decided it was "worth the risk" as long as the accident was not my fault
(0 accidents in last 10+years)

i will admit to not knowing as much as i should on the EXACT minute difference
between 1-pay and M2M. (other than the cost difference)

having said that:

should u be in a M2M and you "loose the car".
I would expect u to be responsible for the remaining lease term as well.
right?
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alexasale
04-22-2024 at 10:37 AM.
04-22-2024 at 10:37 AM.
Quote from g8trb8 :
See the pic attached to the post for the exact breakdown of the $6k. I paid it all off at once so there is no monthly payment. $6k includes everything, taxes and fees
How much was CO registration and insurance for the car?
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notnotadude
04-22-2024 at 10:50 AM.
04-22-2024 at 10:50 AM.
Quote from remainders :
I'd jump in this deal if it were a Tesla
You're on crack if you think Tesla is a quality vehicle.They show us repeatedly that their QA is the worst in the industry.
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koriks
04-22-2024 at 11:09 AM.
04-22-2024 at 11:09 AM.
Can you lease a vehicle from a dealer outside of your home state?
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Joined Jun 2011
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koriks
04-22-2024 at 11:10 AM.
04-22-2024 at 11:10 AM.
Can lease a car in a different state than where I live?
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