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.
This collaborative space allows users to contribute additional information, tips, and insights to enhance the original deal post. Feel free to share your knowledge and help fellow shoppers make informed decisions.
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.
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.
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.
$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.
$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.
$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.
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.
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.
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?
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?
1
2
Like
Helpful
Funny
Not helpful
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!
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.
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.
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)
Sign up for a Slickdeals account to remove this ad.
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.
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)
Sign up for a Slickdeals account to remove this ad.
Car dealerships or Elon?
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!