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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 556,941 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 07:33 PM
564 Posts
Joined May 2012
BeyondtheTechJun 07, 2023 07:33 PM
564 Posts
Quote from JC201 :
How much is your monthly with $0 down?
Initially, for my Limited, it was $0 down, $0 DAS, 48 months, 10K miles per year at $845/mo.

The lease buyout was just over $52K, no tax.
Jun 07, 2023 07:34 PM
9 Posts
Joined Nov 2016
Vijai.ibmerJun 07, 2023 07:34 PM
9 Posts
Or buy some other ev and keep the $7500 tax credit in your pocket? If you have to give 5008 and the rest are chomped by tax, title etc 🤯 I guess it's everyone's choice. But no from me.
Jun 07, 2023 07:44 PM
69 Posts
Joined Feb 2017
leeK2515Jun 07, 2023 07:44 PM
69 Posts
Deal score is so low because its not a Tesla?
1
Jun 07, 2023 07:48 PM
611 Posts
Joined Aug 2011
DCproperJun 07, 2023 07:48 PM
611 Posts
None within 250 miles of DC.
Jun 07, 2023 08:02 PM
480 Posts
Joined Dec 2006
cheapdad00Jun 07, 2023 08:02 PM
480 Posts
Quote from robertw477 :
I have leased cars for a long time. I have never seen so much talk about buying out the lease. Explain to me why the main goal is to buy it out? That sounds like those who have never leased. Not to meantion without very good credit your rates will be higher. The idea here due to the 7500 is to lease it ONLY and return it. The idea is that you are paying hopefully the exact depreciation of the car or less. The benefit here for some is lease not buy. I dont like CAP cost leases myself. I typically only like sign and drive.
I tend to agree but here are a few scenarios off the top of my head:
  • Vehicle no longer qualifies for $7500 as part of a purchase but the captive is still offering $7500 on a lease (probably a short lived situation).
  • You want to flip the vehicle but don't qualify for the full $7500 due to income (otherwise you would just buy it and flip it).
Jun 07, 2023 08:04 PM
517 Posts
Joined Aug 2011
nounta1016Jun 07, 2023 08:04 PM
517 Posts
Quote from SDcl21 :
Hopefully this comment isn't deterring people. If you look around the different forums/reddit, you will see that many are reporting getting these for 3-4k below MSRP. We have car salesmen in this thread advertising 1k below retail and I can tell you that they aren't doing it out of the kindness of their heart...The vehicle market has changed drastically from just a month ago. They are called bubbles for a reason.
Is this for Hyundai and Kia? I will say there is some bitterness from all the dealerships I called through the whole California and they gave arrogant confidence that their 4k markup is the best deal ever. The lowest I gotten was 2k, and that was with me selling my car to them with a lower value than what I can get from CarMax. I don't know if it is different now, but my experience seemed aligned with alot of other peoples experiences at the start of this year. I did look again 3 months back and it felt like the same deal so I just gave up.
Last edited by nounta1016 June 7, 2023 at 02:06 PM.
Jun 07, 2023 08:07 PM
45 Posts
Joined Dec 2014
pleckosJun 07, 2023 08:07 PM
45 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.
Would be so down for one if not for having to deal with Hyundai dealers

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Jun 07, 2023 08:11 PM
391 Posts
Joined May 2014
canwoopJun 07, 2023 08:11 PM
391 Posts
I saw one of these, and I'm not a fan of the back side. I'm commenting on cars way out of my budget but oh well. I think they could have done better.
Jun 07, 2023 08:13 PM
35 Posts
Joined Jul 2011
DavetheSnakeJun 07, 2023 08:13 PM
35 Posts
Quote from psu77 :
In Florida you can only do a lease buyout with the dealer and they decide the terms of it.
Mine was completed in California, so it does vary from state to state.
Jun 07, 2023 08:13 PM
164 Posts
Joined Jul 2011
MidWhiteFlavaJun 07, 2023 08:13 PM
164 Posts
Hyundai should be investigated for "bait and switch" tactics.

Local SHITCAGO area dealerships would not honor this nor any other deals on their website.
Jun 07, 2023 08:15 PM
2 Posts
Joined Jun 2021
SeriousCircle545Jun 07, 2023 08:15 PM
2 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.
Market has changed. They have extras on lots.
Jun 07, 2023 08:18 PM
12,703 Posts
Joined Aug 2010
WhosUrBuddieeJun 07, 2023 08:18 PM
12,703 Posts
Quote from portpower :
EV is a fraud. Wait until rolling blackouts. Dealers marking them up so high it takes away the credit. What a scam,
Rolling blackouts at night? When everyone is sleeping? Something tells me that you haven't put much thought behind your views.
Jun 07, 2023 08:23 PM
13 Posts
Joined Nov 2019
ShrewdMammoth9463Jun 07, 2023 08:23 PM
13 Posts
Fake deal dealership selling overpriced guys go for Tesla fixed price nothing to worry
1
Jun 07, 2023 08:26 PM
1,585 Posts
Joined Dec 2013
vertical2394Jun 07, 2023 08:26 PM
1,585 Posts
Quote from HL5830 :
Then I don't understand why people still buying Hyundai over tesla??? It's a Hyundai meh.
They aren't, Tesla sales have been higher than all other EVs combined, this is a vocal minority
1

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Jun 07, 2023 08:26 PM
1,694 Posts
Joined Nov 2010
ejvyasJun 07, 2023 08:26 PM
1,694 Posts
You have to factor in the entire experience including a premium car with features + true cost to own in 5 yrs + oil as a depleting resource.

Yes - in your case and many others, it may not be a deal but I am thinking about EVs just because it is way cheaper than the plug ins
1

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