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expiredDC13 posted Jun 06, 2023 06:25 PM
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expiredDC13 posted Jun 06, 2023 06:25 PM

2023 Hyundai IONIQ 5 SE Standard Range SUV Lease w/ $7,500 EV Lease Bonus

for 36-Mo. w/ $5k Down Payment

$332/ Mo.

Hyundai
734 Comments 557,063 Views
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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:
  • 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
Available Options:
  • 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.

Original Post

Written by DC13
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:
  • 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
Available Options:
  • 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.

Original Post

Written by DC13

Community Voting

Deal Score
+102
Good Deal
Visit Hyundai

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Top Comments

nounta1016
517 Posts
71 Reputation
Good luck finding a Hyundai dealership that isn't marking up 7.5k to negate the credit. Tried to buy one last year and they marked up anywhere from 2k minimum to 8k with add-ons.
DC13
448 Posts
530 Reputation
Hyundai actually found the issue, it was an app that sent a bunch of information/stayed connected when the car is off. Teslas have a worse issue which is phantom drain, since the car stays connected for connectivity/app usage it drains the main drive battery. Ends up making the car horribly inefficient. People come back to their cars with way less drivable range.
DC13
448 Posts
530 Reputation
You cannot buyout Tesla leases, not that you would want to after you experience the shoddy workmanship of those things.

733 Comments

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Jun 07, 2023 03:18 PM
892 Posts
Joined Oct 2003
TacoJun 07, 2023 03:18 PM
892 Posts
Quote from nojmplease :
No, residual value is never a negotiable item on a lease. It it set by the leasing bank. Shocking that someone with alleged "pro" tag here is posting such nonsense.
Everything is negotiable. Stated residual value should be the roof of what you will be able to pay if you choose to buy out the lease, if not the vehicle returns to the leasing company. Depending on what the actual value is at time of return, you can negotiate down if the actual value is less (or they don't want the vehicle) or you can negotiate a cash payment back to not exercise the residual value buyout if the vehicle is worth more (last year).

Have you been in contract law long?
1
Jun 07, 2023 03:18 PM
1 Posts
Joined Apr 2013
poloveeJun 07, 2023 03:18 PM
1 Posts
the "See Deal" link is not taking me to the deal page. It shows me a list of dealers near me. I can't find it either in the offers section of the Hyundai website. Anyone else experienced same issue?
Jun 07, 2023 03:18 PM
85 Posts
Joined May 2022
HappySink807Jun 07, 2023 03:18 PM
85 Posts
Hoarders and dealers. I hope they all go to hell.
Jun 07, 2023 03:18 PM
180 Posts
Joined Nov 2008
tivoliJun 07, 2023 03:18 PM
180 Posts
Quote from JMBauer74 :
Residual value is negotiated with the dealer.
RV is set by the bank = Hyundai Motor Finance. It's non-negotiable.

The base MF can be marked up by the dealership up to a certain amount. Usually 40bps.
Jun 07, 2023 03:19 PM
1,597 Posts
Joined Aug 2006
brackisJun 07, 2023 03:19 PM
1,597 Posts
Quote from HL5830 :
Then I don't understand why people still buying Hyundai over tesla??? It's a Hyundai meh.
Hyundai has a better rep than Tesla in terms of longevity, quality control etc...
I'm riding my 2015 Subaru for another year+ until price wars truly hit + quality issues worked out on EVs + more infrastructure exists to charge.
Jun 07, 2023 03:19 PM
38 Posts
Joined Nov 2019
rg310786Jun 07, 2023 03:19 PM
38 Posts
Quote from nounta1016 :
Good luck finding a Hyundai dealership that isn't marking up 7.5k to negate the credit. Tried to buy one last year and they marked up anywhere from 2k minimum to 8k with add-ons.
They are insane I went in for a palisade marked up 5k and went to tell me how I sound like a nice guy and a reasonable gentleman - so he felt I should get a 3k discount. Sir you are only over paying by 2k others have been in line and have to pay 5k now when I said let me think about it he goes on to say the offer ends if I leave his desk.
I'm like fine walked right off their lot fark the dealerships, went and ordered a Tesla.
Jun 07, 2023 03:22 PM
180 Posts
Joined Nov 2008
tivoliJun 07, 2023 03:22 PM
180 Posts
Quote from rahduke :
with 5k down this lease is effectively $470 a month, that's an insane price to pay for an IONIQ. You can lease a Mercedes EQS/EQE for about the same money. Don't come to SlickDeals for car leases, visit Leasehackr
More like upper $600s, low $700s. But yes, EQS/EQE at 12% off MSRP + 7500 Credit + 1500 Penfed, etc. will make the MB a better "deal", although not less money out of pocket.

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Jun 07, 2023 03:23 PM
352 Posts
Joined Apr 2004
loveitfreeJun 07, 2023 03:23 PM
352 Posts
Quote from Jejunum :
Good luck finding a (working) charger that supports 800v. Not a Tesla fanboy, but the charging network outside of Tesla is meh. (I own a model 3 and a ccs converter)
You get two years of free charging on the electrify america network. Make sure they're close to you, I've already saved $100s in the 3 months I've owned my limited in CO.
Jun 07, 2023 03:25 PM
8,553 Posts
Joined Feb 2012
4u2cJun 07, 2023 03:25 PM
8,553 Posts
Quote from ugotboned :
It depends on the location but I've done 2 trips from Texas to Cali and Cali to Texas with 0 issues. It is however not as plug and play as Tesla chargers. As a side not i averaged charging to 80% in 15 minutes from around 15% charge.

Also you get 2 years free charging with EA.
How long did it take you ?
What range do have on a full charge ?
How many times did you charge in 24 hours ?
How many miles was full trip ?
Jun 07, 2023 03:25 PM
180 Posts
Joined Nov 2008
tivoliJun 07, 2023 03:25 PM
180 Posts
Quote from grazhoppa :
Minimum discount is at least $6500 off MSRP w/o negotiation. There is a glut of this model in SoCal. I can see some dealer willing to make a deal at $7500 or more off at the end of the month.

https://www.autotrader.com/cars-f...%20of%20OC

Sorry, discount is even steeper at $7850 off.
https://www.autotrader.com/cars-f...pe=listing
No dealer is discounting the Ioniq5 by $7850.
The market maxes out at $2,500 off MSRP right now (dealer discount).
Jun 07, 2023 03:26 PM
4,735 Posts
Joined Jun 2008
AndrewinMDJun 07, 2023 03:26 PM
4,735 Posts
Quote from James_bond003 :
Good luck finding any dealer who is not BS and sleazebag .
I booked Ford lightning.
I started getting text messages and emails from crappy dealers.
Hey we got your lightning, come and pick it up just for additional 30K some dealers added around 40K markup.
I complained to Ford and they told me they can't do much about it.
Ford has been having issues with dealers over markups on the Maverick. Ford at least decided to tell dealers that if they charge above MSRP, then Ford will reduce their vehicle allocations (ie., not give them cars). They've been trying to fight the unscrupulous dealers, but it's difficult.

Two of our local "mega dealerships" are absolutely horrible (not Ford dealers). One of them was fined recently over $1M by Maryland for overcharging customers. Both routinely advertise vehicles over MSRP, and the nearby one is the closest Hyundai (and Kia and Jeep) dealer, unfortunately. Last year, they were adding $5k to Kia Souls. People around here still buy from them because they have "free oil changes and manicures!" not realizing that the amount they are paying would easily pay for free maintenance, car and nails, for life.
Jun 07, 2023 03:27 PM
183 Posts
Joined Dec 2019
SavvydadJun 07, 2023 03:27 PM
183 Posts
Quote from Jejunum :
Good luck finding a (working) charger that supports 800v. Not a Tesla fanboy, but the charging network outside of Tesla is meh. (I own a model 3 and a ccs converter)
And that's what people don't understand Tesla is just ahead of every other company with their charging network! EA is second but still lack with their chargers not working at times.
Jun 07, 2023 03:27 PM
180 Posts
Joined Nov 2008
tivoliJun 07, 2023 03:27 PM
180 Posts
Quote from dbernie41 :
What is this 5k cash discount?
A dream. Don't expect to get 5k off today.
The target is $2,500 off MSRP without mandatory add-ons. Have reasonable expectations.
Jun 07, 2023 03:27 PM
343 Posts
Joined Jun 2013
Mornsd1Jun 07, 2023 03:27 PM
343 Posts
I'm confused. So you can do the lease and then buy it out, and get an additional $7500 in tax credit?

Or these cars don't qualify for that credit?

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Jun 07, 2023 03:27 PM
7,776 Posts
Joined Sep 2016
JMBauer74Jun 07, 2023 03:27 PM
7,776 Posts
Quote from nojmplease :
No, residual value is never a negotiable item on a lease. It it set by the leasing bank. Shocking that someone with alleged "pro" tag here is posting such nonsense.
"Never" is where you have failed. It depends on who the leasing company is. Sometimes it's the dealer, but it can really be any party that wants to flip the bill for your vehicle and accept payments. Additionally, your argument is moot anyway, because you can also negotiate the value of the vehicle at the time of purchase. So it doesn't matter how you want to spin it, you can still work the deal so you're gaining equity faster.

I've driven my leased 2022 Hyundai since Aug 31, 2021 If I bought out my lease today, I could flip it for the approximate value of my Hyundai back when it was new on the lot in 2021, which would put nearly $4,500 cash back into my bank account. Then I can just go lease another new car and repeat. My lease was also "more negotiable" because I bought it on the last day of the month. Dealer needed to meet their quota, and I needed a car.
1

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