Item 1 of 7
Item 1 of 7
expiredDC13 posted Jun 6, 2023 6:25 PM
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for 36-Mo. w/ $5k Down Paymentat Hyundai
Deal Details
Hyundai USA is offering 2023 Hyundai IONIQ 5 SUV Lease from $332/ Month for 36-Months with $5,008 Due at Signing after $7,500 EV Lease Bonus.
Thanks community member DC13 for sharing this deal
Offer Notes:
Thanks community member DC13 for sharing this deal
Offer Notes:
- Lease offer shown includes application of $7,500 EV Lease Bonus
- You may customize payment by adjusting down payment, loan term which varies depending on credit score.
- Additional Special Program Discounts are available
- College Grad Program $400 Discount
- First Responder Program $500 Discount
- Military Program $500 Discount
- 2023 Hyundai IONIQ 5 SUV Lease + $7,500 EV Lease Bonus
- IONIQ 5 SE Standard Range $332/ month for 36-Months w/ $5,008 due at lease signing
- IONIQ 5 SE $399/ Month for 36-Months w/ $4,999 due at lease signing
- IONIQ 5 SEL $414/ Month for 36-Months w/ $5,001 due at lease signing
- IONIQ 5 Limited $513/ Month for 36-Months w/ $4,913 due at lease signing.
Editor's Notes
Written by slickdewmaster | Staff- Offer Disclaimers:
- Excludes registration, tax, title and license.
- Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
- No security deposit required.
- Includes application of $7,500 EV Lease Bonus resulting in a net capitalized cost of of $31,259.
- Net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $11,952. Option to purchase at lease end $24,815.
- Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 10,000 miles/year, excess wear, and a $400 disposition fee. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, and WY, where disposition fee is subject to state law
- Refer to forum thread for additional offers and discussion from the community regarding this offer.
- Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Hyundai USA is offering 2023 Hyundai IONIQ 5 SUV Lease from $332/ Month for 36-Months with $5,008 Due at Signing after $7,500 EV Lease Bonus.
Thanks community member DC13 for sharing this deal
Offer Notes:
Thanks community member DC13 for sharing this deal
Offer Notes:
- Lease offer shown includes application of $7,500 EV Lease Bonus
- You may customize payment by adjusting down payment, loan term which varies depending on credit score.
- Additional Special Program Discounts are available
- College Grad Program $400 Discount
- First Responder Program $500 Discount
- Military Program $500 Discount
- 2023 Hyundai IONIQ 5 SUV Lease + $7,500 EV Lease Bonus
- IONIQ 5 SE Standard Range $332/ month for 36-Months w/ $5,008 due at lease signing
- IONIQ 5 SE $399/ Month for 36-Months w/ $4,999 due at lease signing
- IONIQ 5 SEL $414/ Month for 36-Months w/ $5,001 due at lease signing
- IONIQ 5 Limited $513/ Month for 36-Months w/ $4,913 due at lease signing.
Editor's Notes
Written by slickdewmaster | Staff- Offer Disclaimers:
- Excludes registration, tax, title and license.
- Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
- No security deposit required.
- Includes application of $7,500 EV Lease Bonus resulting in a net capitalized cost of of $31,259.
- Net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $11,952. Option to purchase at lease end $24,815.
- Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 10,000 miles/year, excess wear, and a $400 disposition fee. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, and WY, where disposition fee is subject to state law
- Refer to forum thread for additional offers and discussion from the community regarding this offer.
- Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
Community Voting
Deal Score
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733 Comments
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In general, they are difficult to replicate and are just marketing campaigns to get you into the dealership.
But for clarity, attached is a breakdown of how you get to $332 monthly + $5008 due at signing with a Net cap cost of $31,259.
Note: You will still have to pay the Dealer Doc fee ($85), CA Lic/Reg ($562), + sales tax on your monthly payment.
Your total cost to lease this car for 36 months would be ~$24,000 (at 7.75% tax) + $400 disposition fee.
Lease deals used to be pretty nice to a point where the lease to buy ended up at pretty nice price points. During COVID, Dealers would advertise these nice low numbers but if you look at the fine print, the end of lease buyout would be really high (so basically the dealer never loses and still profits).
Here, at least the Customer does come out on top (potentially depending on various factors) and all things considered, the net "savings" is around $1,342 if you kept your lease until the end. This isn't factoring the lease turn in fees and any other fees (wear and tear, etc.). As someone pointed, the true monthly cost of this vehicle is $462 which isn't "terrible" for a $42.8K car, but not great either (thinking of the nice Infiniti / BMW deals of the past).
For reference, I leased a $72K Volvo XC90 in 2020 for $597 a month with $3K down + $6K MSD. Or before that a $50K Infiniti Q60 for $300 a month $0 down.
OTOH - Per another thread, we did buy a Bolt EV recently (2LT) and was able to find one "in transit" but not claimed. Dealership stuck with MSRP but at the table ended up trying to sell some "protection package" for $2,500. Negotiated that down to $850 which all said and done wasn't so bad given it auto renewed for 10 years and included "re-coating" the car, etc. We didn't know about the $500 EV charging credits so that was a plus (in lieu of a home charger installation). Was able to claim the entire $7,500 tax credit. A few dealers hours away were willing to add the "Supplier Discount" which I'm surprised my Company was part of the list which included another $500 off. I wouldn't compare it to a Tesla, but it ended up being larger than expected and nicer than expected especially at MSRP-ish.
=$16,960.
Comes out to $471 a month just to turn it in and get slammed with more fees - a certified pre-owned would be the same yet you have unlimited mileage and when the loan (not lease) is up you could sell it for ~$7,000. For those wondering about leasing vs owning.
It's almost as if car prices change.......Tesla dropped their prices of the Model Y by $13,000 in a day.
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When regenerative breaking is applied, the rear break lights don't turn on and there fore higher chance for rear end collision. Imagine you're going 60 and let your gass padel off, within few hundred feet the car will come to stop. Imagine whole time it was slowing down, rear break lights didn't turn on making next vehicle hit you.
Lease deals used to be pretty nice to a point where the lease to buy ended up at pretty nice price points. During COVID, Dealers would advertise these nice low numbers but if you look at the fine print, the end of lease buyout would be really high (so basically the dealer never loses and still profits).
Here, at least the Customer does come out on top (potentially depending on various factors) and all things considered, the net "savings" is around $1,342 if you kept your lease until the end. This isn't factoring the lease turn in fees and any other fees (wear and tear, etc.). As someone pointed, the true monthly cost of this vehicle is $462 which isn't "terrible" for a $42.8K car, but not great either (thinking of the nice Infiniti / BMW deals of the past).
For reference, I leased a $72K Volvo XC90 in 2020 for $597 a month with $3K down + $6K MSD. Or before that a $50K Infiniti Q60 for $300 a month $0 down.
OTOH - Per another thread, we did buy a Bolt EV recently (2LT) and was able to find one "in transit" but not claimed. Dealership stuck with MSRP but at the table ended up trying to sell some "protection package" for $2,500. Negotiated that down to $850 which all said and done wasn't so bad given it auto renewed for 10 years and included "re-coating" the car, etc. We didn't know about the $500 EV charging credits so that was a plus (in lieu of a home charger installation). Was able to claim the entire $7,500 tax credit. A few dealers hours away were willing to add the "Supplier Discount" which I'm surprised my Company was part of the list which included another $500 off. I wouldn't compare it to a Tesla, but it ended up being larger than expected and nicer than expected especially at MSRP-ish.
You can buy the lease out early, following states rules, and you avoid the rent charge/depreciation fees if you have the money. You don't have to add all the monthly payments together but you could if you want to turn in the lease at the end. There is a lot more information about this through ioniqforum.com
You do realize that nearly every car has parts from 3 top Tier1s...
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