Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expiredDC13 posted Jun 6, 2023 6:25 PM

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

$332/ Mo.

for 36-Mo. w/ $5k Down Paymentat Hyundai
560K Views
Visit 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:
  • 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

Top Comments

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

733 Comments

Sign up for a Slickdeals account to remove this ad.

Jun 7, 2023 3:30 PM
182 Comments
Joined Nov 2008
tivoliJun 7, 2023 3:30 PM
182 Comments
Quote from Taco :
To summarize, dealers are getting a 7500 kickback on the leases because a new sale is being subsidized by the feds and they'll need 2-3 year old ones boomeranging back as lease returns for their used business... so if you don't qualify for the 7500 fed incentive, lease one of these and buy out the lease for the residual value, which should be depressed. Problem is some dealers are not passing the full 7500 incentive over- eating into how well this strategy will end up working.

*shrug* I bought a Tesla...
Dealers are not getting the 7500.
The leasing company IS because they are the owners of the car.
The leasing company, HMF decided to pass the full 7500 to lessees as a rebate.

Dealers have nothing to do with that. Dealers can offer a discount on the vehicle's selling price, though.
Jun 7, 2023 3:32 PM
359 Comments
Joined Apr 2004
loveitfreeJun 7, 2023 3:32 PM
359 Comments
Quote from jbn8 :
Never leased before. I think I understand the net capitalized cost calculation which is used to determine lease payments. What then is the cost of the vehicle after the lease term?
Leasing will always be more expensive than owning even with cars that have a high resale value. Leasing is convenient if you want lower payments as the finance charge is not on the entire value but only on the portion of your lease. If you're a cash buyer don't bother with a lease.
Jun 7, 2023 3:32 PM
7.8K Comments
Joined Sep 2016
JMBauer74Jun 7, 2023 3:32 PM
7.8K Comments
Quote from tivoli :
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.
You don't have to use HMF. You can lease through whatever bank/broker wants to pay for the vehicle and accept payments in return based on a contractual agreement. Now you can make a cash deal with Hyundai and get the bonus for a cash buy. Easy peazy.
1
Jun 7, 2023 3:32 PM
455 Comments
Joined Dec 2006
NoLightOnJun 7, 2023 3:32 PM
455 Comments
Quote from SlickDealzYo :
that's nonsense lol. i was on a golf ev lease (which was wayyyy back in the day, very early EV car) and I had zero issues with that car. That car was awesome.
Huh? You think that your single experience reflects on the 100s of thousand of EVs sold?

EVs are very much in their beta iteration and don't make sense for most people (no level 2 charger at home, live in extreme weather a few months a year, or take too many road trips).
Jun 7, 2023 3:33 PM
182 Comments
Joined Nov 2008
tivoliJun 7, 2023 3:33 PM
182 Comments
Quote from JMBauer74 :
I'm in North Carolina. It shows an additional $5000 rebate for paying with cash.
Correct. Nice from HMF.
Jun 7, 2023 3:34 PM
182 Comments
Joined Nov 2008
tivoliJun 7, 2023 3:34 PM
182 Comments
Quote from JMBauer74 :
You don't have to use HMF. You can lease through whatever bank/broker wants to pay for the vehicle and accept payments in return based on a contractual agreement. Now you can make a cash deal with Hyundai and get the bonus for a cash buy. Easy peazy.

This is incorrect.
With Hyundai, you have to go through their captive lender.
Jun 7, 2023 3:34 PM
353 Comments
Joined Jan 2013
jm2840Jun 7, 2023 3:34 PM
353 Comments
Quote from DC13 :
Even the base version has the fastest charging in the EV industry.
do EV people really wait 30 to 60 minutes to fill up on gas? aint nobody got time fo dat smh
3

Sign up for a Slickdeals account to remove this ad.

Jun 7, 2023 3:35 PM
239 Comments
Joined Jul 2010
importunerdjJun 7, 2023 3:35 PM
239 Comments
5k OOP is too much even in todays market.

Adjust for todays market I'd say 2500 -3k is max I would put out of pocket for a lease.
Jun 7, 2023 3:36 PM
297 Comments
Joined Oct 2011
yosterJun 7, 2023 3:36 PM
297 Comments
Quote from Dyscalculic :
Liar.

It'd be the Secret Service, not the FBI, on matters of fake currency.
Yep, can confirm.
Jun 7, 2023 3:36 PM
1.6K Comments
Joined Nov 2006
ReturnToSenderJun 7, 2023 3:36 PM
1.6K Comments
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.
This is correct. Girlfriend just left the dealer. They marked it up $3500 claiming it's still a great deal due to the $7500 credit.
Jun 7, 2023 3:37 PM
513 Comments
Joined May 2009
xj220Jun 7, 2023 3:37 PM
513 Comments
Quote from gc12 :
for folks not reading through the whole post:

- the deal here isn't the lease. it's to lease the ioniq 5/6 and then immediately buy out the car as soon as you can. leasing these cars without immediately buying out is actually a very poor deal, and you will negate the 7500 cash rebate due to the high rent charges/interest.

- buying a car today is not like buying a car last year. your ability to negotiate a deal on these cars will vary based on supply in your region (as well as how willing the dealership is), but for reference, i live in socal and i'm negotiating deals below msrp. this part is YMMV. when negotiating, remember that many of these cars have been sitting on the lot for a while, so you can negotiate a price BEFORE factoring the rebate. again, this part is YMMV.

- down payment is not the same as due at signing (DAS). most folks would recommend not putting a down payment for a lease, even in this lease/buyout scenario. you will pay taxes and fees as part of DAS, and some people choose to pay it upfront or roll it into the payments.

- most sales reps won't give you the best price until you pull up into the dealership and play hardball, but i can say that paying MSRP right now (at least in socal) is not a slick deal. if you're serious about getting a good deal, look for ways to drive down the selling price (removing dealer-added options, knocking some dollars off the sticker, etc.). some of these cars have been on the lot for weeks, and you might have some more luck at the end of the month.

- everyone hates negotiating with dealerships. we all wish we could buy directly from manufacturers in every state. blame NADA and their lobbying. but if you're in the market to buy a car that is not a tesla or a subscription, it's a poison you're just going to have to deal with. read up on how dealers make their money and where they mark up the most, and learn to speak their language according to the deal sheet so that they are more transparent with you and actually back off a bit on their tactics.
Thank you for this. Beats having to spend an hour reading every post. (Edited)
Last edited by xj220 June 7, 2023 at 08:42 AM.
Jun 7, 2023 3:38 PM
372 Comments
Joined Jun 2013
Mornsd1Jun 7, 2023 3:38 PM
372 Comments
Any dealers in SoCal offering these types of discounts?
Jun 7, 2023 3:38 PM
629 Comments
Joined Feb 2014
WOLFBEARJun 7, 2023 3:38 PM
629 Comments
Quote from haloguy :
This is at least an option unlike ridiculous income cap for inflation reduction act cars
If you can't make the income cap, you can easily afford the $7000 difference.

If you can't afford that, then you need to get your finances in check
2
Jun 7, 2023 3:39 PM
1.5K Comments
Joined Aug 2007
oakraiders510Jun 7, 2023 3:39 PM
1.5K Comments
DEAL NOT APPROVED


First, its a Hyundai. Dont want to get a fire, kia boyz, battery replacement, horrible resale value etc

Second, its a Hyundai LMAOLMAO


From the office of oakraiders510
4

Sign up for a Slickdeals account to remove this ad.

Jun 7, 2023 3:39 PM
413 Comments
Joined Nov 2015
WhitecraneJun 7, 2023 3:39 PM
413 Comments
I don't understand, why does the vehicle qualify for the tax credit? It isn't built in the United states. It's battery isn't built in the United States

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

Popular Deals

Trending Deals