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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 556,991 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 04:52 PM
18 Posts
Joined Sep 2018
ChristopherK9397Jun 07, 2023 04:52 PM
18 Posts
Quote from juggar :
No, you pay the residual + $5000 down + fees/taxes + aggregate of the payments.
So the total of the payments would be $11,952. So you'd be looking at $41,767 at least.
Yes The residual value is calculated after the 36 month term. So the lease end value plus the down payment, plus the 36 months of payments as well as the Taxes and DMV fees.
Last edited by ChristopherK9397 June 7, 2023 at 10:54 AM.
Jun 07, 2023 04:53 PM
724 Posts
Joined Nov 2022
CleverCreature256Jun 07, 2023 04:53 PM
724 Posts
Quote from Taco :
There is an asset with a forecasted price and an actual value. Saying you can not negotiate a purchase price based on that spread (and interest of both parties) is silly... of course you can, and it occurs a large percentage of the time.
Goal post move.
Jun 07, 2023 04:53 PM
5,256 Posts
Joined Oct 2011
juggarJun 07, 2023 04:53 PM
5,256 Posts
Quote from ChristopherK9397 :
That would be wrong. The residual value is figured after the 36 month term.
The residual is known up front, its baked into the lease, if you want out early you pay the residual + total of lease payments. This is how all leases ive ever done have worked.
Jun 07, 2023 04:54 PM
3,760 Posts
Joined May 2006
SlickDealzYoJun 07, 2023 04:54 PM
3,760 Posts
Quote from NoLightOn :
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).
so how many experiences have you had??? I'm guessing zero based on your bold statement that they are not ready. my one experience that spanned several years (with an early iteration no less) is better than your likely ZERO experience.
Jun 07, 2023 04:56 PM
18 Posts
Joined Sep 2018
ChristopherK9397Jun 07, 2023 04:56 PM
18 Posts
Quote from juggar :
The residual is known up front, its baked into the lease, if you want out early you pay the residual + total of lease payments. This is how all leases ive ever done have worked.
Posted to wrong post. You were right.
ā€‹
Jun 07, 2023 04:56 PM
109 Posts
Joined Nov 2018
currocjJun 07, 2023 04:56 PM
109 Posts
Quote from coolcoder :
Yeah, I'm not a fan of the "new" Elon Musk, but F these slimy dealers. F each one of them. I'd rather give my money to Tesla than deal with these bottom dwellers. Car manufacturers need to end this bs system, otherwise they will just keep shooting themselves in the foot on their way to becoming obsolete.
"New" Elon? Yeah! Screw anyone trying to uncover the underhanded, anti-free speech moves of pre-Elon Twitter! That stinks! Bring back slimmy old fascist Twitter!
2
Jun 07, 2023 04:57 PM
1,594 Posts
Joined Nov 2016
opus123Jun 07, 2023 04:57 PM
1,594 Posts
Quote from roberthhid :
That was last year. Now they have plenty on the lot and are giving large discounts
They are doing the same here but when you click on the "sticker" for the car, the MSRP on it is 6 to 7k less than the MSRP on the main screen before the discount. I have no clue on how the car market is other places, but I know my local toyota dealer only has around 12 new vehicles on their lot. You still have to get on a waiting list to get most models and they laugh if try and negotiate the price. As one salesman said, if you don't buy it at this price the next person that walks in will, and he is probably correct.

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Jun 07, 2023 04:58 PM
41 Posts
Joined Nov 2011
bobburkJun 07, 2023 04:58 PM
41 Posts
Quote from FeistySoda6627 :
Well not a tesla fan and wanted to explore EV have been looking for Bolt EUV for 3-4 months all dealers asking for 5k mark up (now it's discounted) , tried EV6 and Ioniq the barrier to entry for any other car is Dealers marking up and all manufacturers are losing reputation. Went with tesla easy experience is what I get.
Agree. I hate buying cars other than Tesla. I hate the fact that I negotiated the whole day and found out my neighbor got it cheaper.
Jun 07, 2023 05:00 PM
277 Posts
Joined Feb 2007
onestepaheadofyouJun 07, 2023 05:00 PM
277 Posts
Cheapest lease I can find in bay area on the Hyundai website is $700 per month with $5k down. Something seems off. šŸ˜‚
Jun 07, 2023 05:03 PM
1 Posts
Joined Jun 2023
LivelyBelieve7462Jun 07, 2023 05:03 PM
1 Posts
Quote from Groovetik :
Did all Hyundai sales reps colluded to upvote this terrible deal to make it front page worthy?

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
which dealer did you get it from>?
Jun 07, 2023 05:05 PM
3,197 Posts
Joined Aug 2009
Teaser38Jun 07, 2023 05:05 PM
3,197 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.
I'm not sure how I got mine. I have bad takes all the time.
Jun 07, 2023 05:06 PM
3 Posts
Joined Jul 2013
CP5892Jun 07, 2023 05:06 PM
3 Posts
Quote from flightxxx :
Any dealers in socal giving $3k to $4k off msrp?
https://www.frankhyundai.com/

5k off.
Jun 07, 2023 05:07 PM
3,197 Posts
Joined Aug 2009
Teaser38Jun 07, 2023 05:07 PM
3,197 Posts
Quote from zerolife24 :
I do own a 2021 Tesla and agree that the overall build quality of a Tesla is not great with noticiable gaps in the trim etc. + some of the basics such as the rain detecting windshield wipers simply do not work well because Tesla decided to use camera instead of sensors everyone else is using. JD Power as well as Consumer Reports have also rated Tesla poorly for reliability https://www.jdpower.com/business/...y-studyvds

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.
The Chevy ratings makes the case for a Bolt pretty well.
Jun 07, 2023 05:14 PM
1 Posts
Joined May 2023
GreenLlama453Jun 07, 2023 05:14 PM
1 Posts
Quote from DC13 :
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.
This doesn't normally happen with a Tesla unless you are using sentry mode. That will drain about a mile of range for each hour it is on.

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Jun 07, 2023 05:18 PM
7,776 Posts
Joined Sep 2016
JMBauer74Jun 07, 2023 05:18 PM
7,776 Posts
Quote from CleverCreature256 :
True Facts are never 'moot'. You are playing a shyster game of changing the meaning of words in a legal contract.
I bet you like the '4 square' game dealers play as well?
Yet I am in one who is actually leasing a Hyundai and currently have $4500+ in equity (as of last month. Didn't check this month) You see their rules and abide by them. I see their rules, and I look at everybody else's rules, then I use them all to my advantage so I can get the best deal possible. If you look at my original comment, I suggested NOT going with HMF. But go ahead. Your way is more expensive. I'm not buying an Ioniq anyway, so could care less about it. It's a good deal if done right and you actually want one (nothing wrong with an Ioniq), but not currently interested in one.

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