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expiredDC13 posted Jun 06, 2023 06:25 PM
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 08:31 PM
95 Posts
Joined Dec 2021
Toejam8Jun 07, 2023 08:31 PM
95 Posts
$5000 down payment lol, for a leased vehicle that you won't be owning. Everyone is free to do what they want with their money. This is a waste. Also, until they perfect over the air charging, why would anyone sit and wait 40 minutes or so just to charge a car.
1
Jun 07, 2023 08:35 PM
730 Posts
Joined Mar 2009
lionelhutsJun 07, 2023 08:35 PM
730 Posts
Quote from Playstation4 :
What's the mileage allowance on this?
10,000 miles/year
Jun 07, 2023 08:38 PM
120 Posts
Joined Feb 2008
GazooJun 07, 2023 08:38 PM
120 Posts
Quote from Toejam8 :
$5000 down payment lol, for a leased vehicle that you won't be owning. Everyone is free to do what they want with their money. This is a waste. Also, until they perfect over the air charging, why would anyone sit and wait 40 minutes or so just to charge a car.
EVs are not optimized for road trips. You plug it in when you get home every night, like a phone.
1
Jun 07, 2023 08:40 PM
20 Posts
Joined Feb 2023
BFTGJasonJun 07, 2023 08:40 PM
20 Posts
Quote from Toejam8 :
$5000 down payment lol, for a leased vehicle that you won't be owning. Everyone is free to do what they want with their money. This is a waste. Also, until they perfect over the air charging, why would anyone sit and wait 40 minutes or so just to charge a car.
If you read what people are talking about, it is to buy the car outright right after you lease. That way you can take advantage of the credit... At least read before commenting.
1
Jun 07, 2023 08:45 PM
724 Posts
Joined Nov 2022
CleverCreature256Jun 07, 2023 08:45 PM
724 Posts
Quote from JMBauer74 :
None of my statements were incorrect. I'm telling you how to save money and you and your buddies are trying to tell m I'm wrong.

The $7500 you're seeing here is a tax credit that is being issued to Hyundai that they're passing on to the consumer in order to sell the vehicle. The tax credit is for them "leasing" you an EV. If you go through a third party, who will also pass on the tax credit to you, then not only do you get the $7500, but you get the $5000 cash rebate as well.

You cannot get the tax credit on your own, because Hyundai does not meet the government requirements on their Ioniq 5, but since it's an EV they still qualify for the tax credit for leasing one.

But like I've already said, do it your own way and go through HMF if you think that's the right play. I'm not buying an Ioniq, but I decided to, I'm getting the whole $12,500, plus any other rebates and perks I can pull from it.
Never mind. No point in debating someone insisting on playing the shell game. Must be a sales person.
Jun 07, 2023 08:46 PM
255 Posts
Joined Mar 2009
BascotieJun 07, 2023 08:46 PM
255 Posts
I haven't leased before, but am I understanding this right?

36 months x $332 = $11952
$5008 at signing + $11952 = $16960

So $16,960 to drive this car for 3 years, is that correct? $471/mo in other words

Which would mean you "almost" pay half the value of the car to drive it for 3 years (and you can't sell it to get some value back, of course)
Jun 07, 2023 08:51 PM
7,776 Posts
Joined Sep 2016
JMBauer74Jun 07, 2023 08:51 PM
7,776 Posts
Quote from CleverCreature256 :
Never mind. No point in debating someone insisting on playing the shell game. Must be a sales person.
You can make whatever excuse you like for being wrong. Byeeee!
3

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Jun 07, 2023 08:55 PM
51 Posts
Joined Dec 2020
blore2jaxJun 07, 2023 08:55 PM
51 Posts
Is this eligible for the 7500 IRS tax credit
Jun 07, 2023 08:56 PM
357 Posts
Joined Jul 2020
John LeCarJun 07, 2023 08:56 PM
357 Posts
Quote from psu77 :
In Florida you can only do a lease buyout with the dealer and they decide the terms of it.
what does this mean "they decide the terms?" the terms are dictated by the parameters of the lease. hyundai of miami can't just start making up MF and RV numbers on the spot in an effort to screw you over.
1
Pro
Jun 07, 2023 08:56 PM
5,997 Posts
Joined Nov 2012
George_P_Burdell
Pro
Jun 07, 2023 08:56 PM
5,997 Posts
Have faith in Tesla. It's very important to have faith while driving Tesla. The entire car is held together by the faith in Elon
2
Jun 07, 2023 08:59 PM
5,963 Posts
Joined Jan 2008
Eagles89Jun 07, 2023 08:59 PM
5,963 Posts
Quote from BFTGJason :
If you read what people are talking about, it is to buy the car outright right after you lease. That way you can take advantage of the credit... At least read before commenting.
lol then why do people care about the lease terms if they are going to buy it?
Jun 07, 2023 09:00 PM
8,553 Posts
Joined Feb 2012
4u2cJun 07, 2023 09:00 PM
8,553 Posts
Quote from Bascotie :
I haven't leased before, but am I understanding this right?

36 months x $332 = $11952
$5008 at signing + $11952 = $16960

So $16,960 to drive this car for 3 years, is that correct? $471/mo in other words

Which would mean you "almost" pay half the value of the car to drive it for 3 years (and you can't sell it to get some value back, of course)

$17k will buy you a nice used Hybrid Prius ….. and you won't have to rewire the house to charge it.
Jun 07, 2023 09:02 PM
200 Posts
Joined Jan 2023
BeautifulWallaby506Jun 07, 2023 09:02 PM
200 Posts
Quote from Bascotie :
I haven't leased before, but am I understanding this right?

36 months x $332 = $11952
$5008 at signing + $11952 = $16960

So $16,960 to drive this car for 3 years, is that correct? $471/mo in other words

Which would mean you "almost" pay half the value of the car to drive it for 3 years (and you can't sell it to get some value back, of course)
Yes, that's how a lease work, and how most care deprecate, ICE car included
1
Jun 07, 2023 09:02 PM
5,963 Posts
Joined Jan 2008
Eagles89Jun 07, 2023 09:02 PM
5,963 Posts
Quote from 4u2c :
$17k will buy you a nice used Hybrid Prius ….. and you won't have to rewire the house to charge it.
I would rewire your house right now while it's still cheap. When the world switches to EV cars, price of electrical parts is going to skyrocket.
4

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Jun 07, 2023 09:03 PM
190 Posts
Joined Oct 2007
supadoggieJun 07, 2023 09:03 PM
190 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.
What's the lesser of the two evils?

Car dealerships or Elon?
2

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