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

$225 down + $225 per month
& More
+198 Deal Score
461,650 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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Created 04-20-2024 at 10:03 PM by g8trb8
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Deal
Score
+198
461,650 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 2010
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> bubble2 1,527 Posts
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ejvyas
04-23-2024 at 05:39 AM.
04-23-2024 at 05:39 AM.
Quote from markitude :
The Tesla's are literally not even in the same category as the Hyundai''s. Scroll down to the category that has the word LUXURY in it hahaha

Cool. When they have a similar lease deal please post it on SD. Until then, enjoy these amazing deals.

By the way did you even read the thread? I never bring up ratings. I don't trust them
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> bubble2 5,207 Posts
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R3DTR1X
04-23-2024 at 06:09 AM.
04-23-2024 at 06:09 AM.
Quote from atom311 :
They don't have current EVs.. they are starting now. You did check their website, or just roll with the SD flow? Japan follows hybrids.

*If you took this deal.. that's cool. Let us know how it goes. Leasing a car is like renting a house, but worse. You never own anything, and pay the full premium. Let us know how your much your insurance is for full coverage as well.

Buy what appreciates, lease what depreciates.
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> bubble2 5,207 Posts
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R3DTR1X
04-23-2024 at 06:13 AM.
04-23-2024 at 06:13 AM.
Quote from FairMitten6317 :
What ? You have to show your tax return to get a lease? Is that legal?

You have to be a CO resident to qualify for one of the incentives
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> bubble2 1,527 Posts
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ejvyas
04-23-2024 at 06:34 AM.
04-23-2024 at 06:34 AM.
Quote from remainders :
That's because it's on Sentry mode. SMH. If it's a glitchy piece of junk, why are people choosing to buy it over your beloved Hyundai or Kia? Because it's not junk. Drive one someday my guy, Maybe you'll like it. But you'll probably never give Tesla and Musk any credit for what they've built. Just like Windows fanboys never give Apple any credit. SMH
Do you think people have not considered Sentry mode using battery before making this claim? Do all users use SEntry mode? Do all users buy that subscription?

Does Tesla have similar lease deal? If not, why discuss?
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> bubble2 1,991 Posts
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robertw477
04-23-2024 at 07:44 AM.
04-23-2024 at 07:44 AM.
They are stuck with them. EVS in the US right effectively RIP. Its a great deal for anyone who can take advantage.
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Joined Sep 2006
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> bubble2 1,991 Posts
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robertw477
04-23-2024 at 07:47 AM.
04-23-2024 at 07:47 AM.
With leasing you have to know what you are doing. Which is why mose leases are fleeces. I have done extemely well. For those who dont undertstand a lease, check out lease hacker forums and read. You can see real signed deals and know the facts.
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> bubble2 3,460 Posts
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soobaerodude
04-23-2024 at 08:02 AM.
04-23-2024 at 08:02 AM.
Quote from asianplow :
Thanks OP for sharing.

I was able to get pretty close. $0 down and ~$270 month which seems about right after taxes, title and fees.
In Colorado? $0 due at signing?
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Casual_Lurker
04-23-2024 at 08:03 AM.
04-23-2024 at 08:03 AM.
Quote from apkesh :
same for Michigan.

I'm unable to replicate this as dealers are keeping 3499 down, can you help me replicate this
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> bubble2 443 Posts
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deal-slayer
04-23-2024 at 08:18 AM.
04-23-2024 at 08:18 AM.
Quote from dealsalways :
Yes seriously..
What's the CA deal, and some go-no go analysis pls.
Also the $7500 lease credit passthrough is good if true. Hyundai wasn't doing that before along with Tesla and Chevy sometime back.
I don't really need another car but if dead cheap and with free charging, why not?
I leased last month (late March) and I did total $2k drive-off and payment was $230/mo + tax about $255/mo all in. 36mo 12k/yr. Also had lease loyalty with Hyundai finance, I think it was an additional $750 toward drive offs, was $10k off from Hyundai and $4k off from dealer. Anaheim Hyundai.
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LivelyStraw9917
04-23-2024 at 08:50 AM.
04-23-2024 at 08:50 AM.
Quote from sumosha :
What kind of range do you get on the cars from beginning to now? Have you had to replace batteries?
New was about 110mi
batt replace warranty 5y old
now range about 70mi
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R3DTR1X
04-23-2024 at 09:03 AM.
04-23-2024 at 09:03 AM.
Quote from LivelyStraw9917 :
New was about 110mi
batt replace warranty 5y old
now range about 70mi

Ewww.
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> bubble2 3,460 Posts
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soobaerodude
04-23-2024 at 09:40 AM.
04-23-2024 at 09:40 AM.
Quote from dealsalways :
Yes seriously..
What's the CA deal, and some go-no go analysis pls.
Also the $7500 lease credit passthrough is good if true. Hyundai wasn't doing that before along with Tesla and Chevy sometime back.
I don't really need another car but if dead cheap and with free charging, why not?
CA deal does not have the extra $5k rebate CO has. Best deals have been $6k-$7k all-in for a one-pay lease 24M/12k miles
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tripbeats
04-23-2024 at 10:08 AM.
04-23-2024 at 10:08 AM.
Quote from deal-slayer :
I leased last month (late March) and I did total $2k drive-off and payment was $230/mo + tax about $255/mo all in. 36mo 12k/yr. Also had lease loyalty with Hyundai finance, I think it was an additional $750 toward drive offs, was $10k off from Hyundai and $4k off from dealer. Anaheim Hyundai.
Thats a pretty good deal! I was only able to do $2500 drive off with $255/mo all in with 24mo 12k/yr. this is for a SEL RWD.
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jeffn5731
04-23-2024 at 10:10 AM.
04-23-2024 at 10:10 AM.
I have tried to find this deal in Tennessee but it seems impossible. If anyone in the TN area finds a similar deal I appreciate a DM.
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inslyx
04-23-2024 at 10:13 AM.
04-23-2024 at 10:13 AM.
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.
I provided a screenshot of my lease agreement.
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