expiredDC13 posted Jun 06, 2023 06:25 PM
Item 1 of 7
Item 1 of 7
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
Visit HyundaiGood Deal
Bad Deal
Save
Share
Leave a Comment
Top Comments
733 Comments
Sign up for a Slickdeals account to remove this ad.
The market maxes out at $2,500 off MSRP right now (dealer discount).
Talk about a goal post move!
https://www.autotrader.
Sorry, discount is even steeper at $7850 off.
https://www.autotrader.
Sign up for a Slickdeals account to remove this ad.
Pair that with multiple security deposits to bring down the money factor and you can have a situation where it was cheaper to lease than buy cash. This is can especially be more true for luxury cars.
I know one individual who leased an F-Type for stupid low total cost. iirc, it was the V6 which were sitting on the lots for ever.
If you want a car that can fart and put on a light show, your only option is a Tesla. However from a usability standpoint and having driving the Ioniq 5 recently, the Ioniq is definitive the better car.
I bought my Ioniq5 6weeks ago in TN, and got $4000 off MSRP. There were a ton of them on the lot and they weren't moving. I drive past Hyundai dealerships weekly and it looks like they have even more of them on the lot. If I had to guess A.the supply chain issues are finally coming back to normal, at least with Hyundai EVs. B., I think most people that really wanted Ioniq5 (it's quirky styling isnt for everyone) have already got one, and with the $7500 incentive gone, they are just sitting on the lot.
Now, I love the car, and have no issues with Hyundai (previous car was a Veloster), but paying MSRP or higher is a complete rip-off at this point
Pair that with multiple security deposits to bring down the money factor and you can have a situation where it was cheaper to lease than buy cash. This is can especially be more true for luxury cars.
I know one individual who leased an F-Type for stupid low total cost. iirc, it was the V6 which were sitting on the lots for ever.
You can buy the car when the lease matures at the "contracted residual".
There is nothing in the lease contract that says you can negotiate the price based on its fair market value at the lease end.
Not interested in an argument, but that is incorrect advice.
So the total of the payments would be $11,952. So you'd be looking at $41,767 at least.
With $5,008 due at lease signing. Includes $7,500 EV Lease Bonus"
it is still $5008 down payment that sucks
I bought ID 4, and I'm happy with it.
MachE had catastrophic recall, life-threatening type.
Hyundai, the dealer, sold my car for 10K markup. See my post here.
Ariya showed up too late.
Sign up for a Slickdeals account to remove this ad.
Leave a Comment