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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
483,187 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
483,187 Views
$225 down + $225 per month

Community Wiki

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

Your comment cannot be blank.

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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readyn
04-22-2024 at 03:20 PM.
04-22-2024 at 03:20 PM.
Quote from moarKowbell :
I tried to get this deal today and the salesman tried to steer me to something different entirely. I kept asking about this lease and he just deflected…

Location?
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Last edited by readyn April 22, 2024 at 03:24 PM.
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IndigoGorilla347
04-22-2024 at 03:26 PM.
04-22-2024 at 03:26 PM.
Quote from desi_babu_2010 :
in CO or TX, the lease hacker forum has dealers u can try
Thanks for that, I'll check it out. I've read one has to have filed an income tax report for CO to get the $0 down $225/month deal on the Ioniq 5 SEL AWD.

I'm in the midwest, but would think about a trip to another state to get a HI5 close to the numbers reported by OP.
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benq35
04-22-2024 at 03:27 PM.
04-22-2024 at 03:27 PM.
Freehold NJ 2024 IONIQ 5 SEL AWD: $299/24/$3,499 SRP | CR ER MAR MR
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Knightshade
04-22-2024 at 03:39 PM.
04-22-2024 at 03:39 PM.
Quote from seregaknorrr1 :
But with gas pumps you can have canisters stored in your garage, ahead of warnings of a hurricane...that's the difference.
With an EV you can have batteries charged in your garage.

In fact the car comes with a quite large one- though you can buy additional ones if you really wanted to (most often people do this combined with solar though)

When Texas has some bad outages during really cold weather a while back EVs were lifesavers providing a safe way to keep people warm, phones charged, etc....in ways an ICE vehicle would've been a very poor (or deadly in the case of having them "on" inside a garage) substitute for
(granted bitter cold isn't a big issue in FL)
https://electrek.co/2021/03/05/el...-blackout/




Quote from seregaknorrr1 :
B
This is a second time I was with no power for several days in the last few years. Never had to leave the area, cause nothing ever happens inside the area, except some power poles getting knocked off here and there leaving whole neighborhood with no power Frown So I wouldn't call it once in a generation event..It's called Florida Smilie

"several days" is not a week.

Apart from which, if you never had to leave the area you almost certainly did not drive far enough to have run out of charge on the EV in those days either.

(nor do I expect DC fast chargers were ALSO totally out for days in your region... Tesla superchargers for example have an annual average uptime of 99.95%)
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Last edited by Knightshade April 22, 2024 at 03:44 PM.
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goodness97
04-22-2024 at 04:12 PM.
04-22-2024 at 04:12 PM.
Quote from desi_babu_2010 :
in CO or TX, the lease hacker forum has dealers u can try

What are the names of dealerships in TX?
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LesCaster
04-22-2024 at 05:12 PM.
04-22-2024 at 05:12 PM.
Quote from shorshie :
This is ridiculous. Electric is the future, there's no question about it, it's just a matter of when it catches on and when the cars and trucks conform with what consumers want
Meanwhile, there's this little inconvenient truth behind the industry that depends on mining and manufacturing in far removed countries where we don't have to be confronted by the very real impact our choices are having on other humans:
https://www.dol.gov/sites/dolgov/...d_0922.pdf (one of many sources explaining some of the inconvenient truths behind an industry that's generated massively hollow virtue signaling)

Enjoy the plug-in hybrids.
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dwoten
04-22-2024 at 05:19 PM.
04-22-2024 at 05:19 PM.
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj

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WittyMammoth137
04-22-2024 at 05:24 PM.
04-22-2024 at 05:24 PM.
Anybody in the Kansas City area seen this deal?
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Keynote
04-22-2024 at 05:45 PM.
04-22-2024 at 05:45 PM.
I tried to buy a Model Y a few weeks ago. The Tesla dealership experience was the worst I had ever seen, and I have purchased over 50 cars in my life. I just left with how unknowledgeable the staff was and how much they misrepresented.
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dbernie41
04-22-2024 at 05:54 PM.
04-22-2024 at 05:54 PM.
Quote from Keynote :
I tried to buy a Model Y a few weeks ago. The Tesla dealership experience was the worst I had ever seen, and I have purchased over 50 cars in my life. I just left with how unknowledgeable the staff was and how much they misrepresented.
Tesla is probably the most straight forward car buying experience there is. Few options. No negotiating. No BS. You make choices for the very few items you have a choice on, here is your price, you pay it or not.
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Keynote
04-22-2024 at 05:59 PM.
04-22-2024 at 05:59 PM.
Quote from dbernie41 :
Tesla is probably the most straight forward car buying experience there is. Few options. No negotiating. No BS. You make choices for the very few items you have a choice on, here is your price, you pay it or not.

So they collect $250 and then can change the number on your trade and then can change other numbers such as tax liabilities, rate, etc. Then you can't change vehicles after that if you want something else without starting over and losing $250. Then, you can't even sit inside the car you are buying to identify quality control issues. You must not know much about the car business because this is almost as predatory as it gets.
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kingsfan626
04-22-2024 at 05:59 PM.
04-22-2024 at 05:59 PM.
Quote from YiY3840 :
Where's California deal?
CA strangely stopped caring about EVs once the $7,500 state rebate ended. No new incentives to install home chargers or anything.
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alxdlz
04-22-2024 at 06:02 PM.
04-22-2024 at 06:02 PM.
Quote from dwoten :
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj
How did you initially negotiate a lower price?
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ThirstyCruz
04-22-2024 at 06:39 PM.
04-22-2024 at 06:39 PM.
Quote from novum_bonum :
All this chatter and I have not seen a single person post a quote or paperwork where they replicated this deal. Kudos to those who actually did this but for the rest of us, it's just a haggling exercise with the salespeople at the dealership.

Can someone in CO please post photo of quote or breakdown on final out the door cost that came from the dealership? I'm looking for a document that I have give to the dealership and ask them to replicate it.

Yup, this! Anyone get this deal? Or just the OP?
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Man1935
04-22-2024 at 06:57 PM.
04-22-2024 at 06:57 PM.
Unable to find anything close to this deal in PA. Hyundai is wasting our time.
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