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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 557,108 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 08, 2023 03:51 AM
698 Posts
Joined Jan 2021
JamaalJohnsonJun 08, 2023 03:51 AM
698 Posts
Quote from Eagles89 :
Most people have old homes and some have detached garages, so they will literally need to rewire the whole house.
In my case, the power comes into the main 100amp panel on the side of the detached garage and then goes to the house's 100amp subpanel. If you do need more juice for your EV, you will up the main breaker panel to 200 amps in this situation. The EV breaker would come off the main panel. Not sure why the whole house would need to be rewired.

I'm actually replacing both my panels next week, but even so, my whole house isn't getting rewired. Just the panels are getting swapped.

Jun 08, 2023 04:25 AM
73 Posts
Joined Feb 2015
sandplasmaJun 08, 2023 04:25 AM
73 Posts
This is equivalent to a $470 monthly payment with no money down. You should never put money down on a lease.
Pro
Jun 08, 2023 04:45 AM
7,157 Posts
Joined Sep 2014
MostBased
Pro
Jun 08, 2023 04:45 AM
7,157 Posts
Great deal if it was a reliable brand like Toyota or Honda.
2
Jun 08, 2023 04:53 AM
480 Posts
Joined Jul 2013
likzslickJun 08, 2023 04:53 AM
480 Posts
Quote from superslickz :
In some states (at least mine), I don't think it works this way. In states that charges tax up front on a lease, you are gonna get double taxed. This is what I was told by the finance person at the bmw dealer. Since they were able to get me a deal buying vs leasing with only a difference of few thousands, the double tax negated the lease deal, so I went with buying. This is in Texas. I would love it someone prove me wrong.
In Texas, I think you are correct that we have double tax.

But I stumbled upon this article [nexustaxdefense.com]and wasn't sure if there is an exception for lease buyouts
Jun 08, 2023 04:55 AM
1,050 Posts
Joined Oct 2006
cgott42Jun 08, 2023 04:55 AM
1,050 Posts
Can you pay and end the lease early without penalty?
Jun 08, 2023 04:59 AM
1,480 Posts
Joined Dec 2005
thrustbucketJun 08, 2023 04:59 AM
1,480 Posts
Quote from SlickSmiles :
Great deal if it was a reliable brand like Toyota or Honda.
I've had all three. They are all equally reliable
Pro
Jun 08, 2023 05:08 AM
7,157 Posts
Joined Sep 2014
MostBased
Pro
Jun 08, 2023 05:08 AM
7,157 Posts
Quote from thrustbucket :
I've had all three. They are all equally reliable
They're all the same until approximately 100k miles, where Hyundai's tend to break down.
3

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Jun 08, 2023 05:13 AM
14 Posts
Joined Jul 2022
FairMarmot756Jun 08, 2023 05:13 AM
14 Posts
Quote from Lvl3HiRiskAudiophile :
I want that car so f'n bad, the Ionic hatchback, don't care if its a cloth model. Are used cars still being over valued? I'd need a dealer to trade more than what I still owe... or more plus enough for a down payment on the lease. Going without a car for a few weeks selling it privately then hunting for new one ain't in the cards. Maybe if they're desperate to move new vehicles, get a new brand customer, and knowing my trade is a very popular car with only 50k miles that'd bring in ten grand more than whats still owed. I still see big dealers selling like Ford Fusions with 80k miles for $25 grand so my SUV has gotta be a moneymaker for the dealer I imagine.
Just picked up a 23 SEL in Shooting Star, when you get yours you're gonna absolutely LOVE it!!
Jun 08, 2023 05:22 AM
11,686 Posts
Joined May 2007
superslickzJun 08, 2023 05:22 AM
11,686 Posts
Quote from likzslick :
In Texas, I think you are correct that we have double tax.

But I stumbled upon this article [nexustaxdefense.com]and wasn't sure if there is an exception for lease buyouts
Wow, so I missed out on extra $4k savings?
Jun 08, 2023 05:37 AM
83 Posts
Joined Dec 2005
VanigJun 08, 2023 05:37 AM
83 Posts
Quote from DC13 :
You cannot buyout Tesla leases, not that you would want to after you experience the shoddy workmanship of those things.
Do you know from experience?
Jun 08, 2023 05:40 AM
30 Posts
Joined Dec 2011
eppyramotJun 08, 2023 05:40 AM
30 Posts
Quote from Geburtenfresser :
Point is, it's not a good idea to buy one of these EVs since they will depreciate like crazy.
You think you get a discount, but the discount will also be there for future buyers of newer, better EVs.

Anyways. The i4 gets great reviews. Like a Model 3 that's actually nice inside and handles well.

The VW just looks silly.
For me at least, not true. Got a MachE in 2021 at mrsp, got 7500 credit sold it to vroom for what I paid in feb2022 Then got Ioniq 5Sel, in feb2022 at mrsp, got tax credit sold it to driveway at mrsp. Then got MYLR in Jan 2023 when prices fell and rebates applied. So net net I have driven 3 new cars for net gain for last 2 years. ( not to mention I sold a Mercedes glc 300 above the buyout on lease to get the Mach e in 2021. Paramus ford, Millenium Hyundai just sold the cars at mrsp without problem when it was rampant for markups. My wife's Kona ev lease was in spring 2021 and was a great deal, at that point it seemed cars were stopped selling so offered well below mrsp, just license title destination 179 a month and a nj rebate. Need to look into next car for spring 2024. Millenium Hyundai gets kudos again. Seems like buyout is below bids from vroom etc. but I am waiting for 2024 Kona ev or new 2024 Volvo ex
Jun 08, 2023 05:57 AM
2,333 Posts
Joined Nov 2006
ozmotesJun 08, 2023 05:57 AM
2,333 Posts
Writing "$332/mo" is stupid.

May as well write "free" with $16,960 down.
1
Jun 08, 2023 06:02 AM
159 Posts
Joined May 2012
JavaGuy147Jun 08, 2023 06:02 AM
159 Posts
Leasing is not a deal.
1
Jun 08, 2023 07:19 AM
849 Posts
Joined Apr 2018
Tedusmc2009Jun 08, 2023 07:19 AM
849 Posts
No that cheap

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Jun 08, 2023 07:42 AM
349 Posts
Joined Jun 2011
UglyTimeTravelerJun 08, 2023 07:42 AM
349 Posts
Quote from JavaGuy147 :
Leasing is not a deal.
Couldn't agree more. If you can, don't lease unless you can't take advantage of the 7500 tax credit. If you can't do the tax credit, it may be your only way of taking advantage of the incentive.
1

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