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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 557,126 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 07:45 AM
349 Posts
Joined Jun 2011
UglyTimeTravelerJun 08, 2023 07:45 AM
349 Posts
Quote from cgigate :
No,
Hyundai = Low quality.
many insurance companies nowadays refuse to insure Hyundai vehicles
Pretty sure you don't even have to own them to drive them now, ever since the Kia boys, it's well known how easy their cars are to steal. This might not be the case with this model, but I would generally avoid the Kia/Hyundai brands until they release a definitive fix for people stealing them easily.

Does anyone know if you can open the steering column and take this like you can other models?
3
Jun 08, 2023 07:49 AM
349 Posts
Joined Jun 2011
UglyTimeTravelerJun 08, 2023 07:49 AM
349 Posts
Quote from aznxenon :
The i3 is a cool little beast with a carbon fiber chassis. You know what else uses carbon fiber? The Bugatti Veyron (and many other exotics) https://en.wikipedia.org/wiki/Lis...coque_cars
My only complaint is they always style EVs like they're spaceships from the future. The look can be polarizing, and I haven't really found one that looks as good as a normal gas-guzzling ferrari, lambo or porsche. Once they close the design gap, I think adoption will be more palatable.
2
Jun 08, 2023 09:52 AM
266 Posts
Joined Sep 2015
blancorunningJun 08, 2023 09:52 AM
266 Posts
Quote from DC13 :
You cannot buyout Tesla leases, not that you would want to after you experience the shoddy workmanship of those things.
I see these types of comments a lot. I'm sure there are QC issues with some of them, but my model 3 has had no issues. It's a few years old too. Just want to throw my two cents in.
1
1
Jun 08, 2023 10:34 AM
88 Posts
Joined Feb 2018
PopTartS2000Jun 08, 2023 10:34 AM
88 Posts
Quote from ploppsdman :
I'm stealing one right now. Wheeeeeeee. Thanks, Slickdeals!
How much % cash back did you get?
Jun 08, 2023 10:35 AM
591 Posts
Joined Nov 2008
pej7445Jun 08, 2023 10:35 AM
591 Posts
Never put money down a lease.
1
1
Jun 08, 2023 10:48 AM
78 Posts
Joined Aug 2018
geoff5093Jun 08, 2023 10:48 AM
78 Posts
Quote from JavaGuy147 :
Leasing is not a deal.
When you get $7500 off it is. You just pay it off immediately and keep it.
Jun 08, 2023 10:48 AM
78 Posts
Joined Aug 2018
geoff5093Jun 08, 2023 10:48 AM
78 Posts
Quote from UglyTimeTraveler :
My only complaint is they always style EVs like they're spaceships from the future. The look can be polarizing, and I haven't really found one that looks as good as a normal gas-guzzling ferrari, lambo or porsche. Once they close the design gap, I think adoption will be more palatable.
The Porsche Tycan looks like a Porsche…

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Jun 08, 2023 11:45 AM
274 Posts
Joined Sep 2007
NedlininJun 08, 2023 11:45 AM
274 Posts
Quote from UglyTimeTraveler :
Pretty sure you don't even have to own them to drive them now, ever since the Kia boys, it's well known how easy their cars are to steal. This might not be the case with this model, but I would generally avoid the Kia/Hyundai brands until they release a definitive fix for people stealing them easily.

Does anyone know if you can open the steering column and take this like you can other models?
The Ioniq 5 is not affected by that issue
Jun 08, 2023 12:06 PM
12 Posts
Joined Nov 2008
conbanoJun 08, 2023 12:06 PM
12 Posts
Quote from BigMoose :
I agree, I bought myself a car out of desperation (Honda accord hybrid) with 3k forced add ons last Oct and just got my wife a car last month 6k below MSRP with no forced add ons. So it's a whole different game now.
What car did you buy for 6k below MSRP? I went to a Honda dealership 2 months ago looking for a hybrid. They still want 1500 add on for new and 750 add on for used on any car with absolutely no negotiable. I'm in the Midwest. Being holding out for as long as I can.
1
Jun 08, 2023 12:26 PM
516 Posts
Joined Jul 2018
FantasticMoon621Jun 08, 2023 12:26 PM
516 Posts
Quote from DC13 :
Last year there was a car bubble. 2500 dealer DISCOUNT is possible. Didn't you see Tesla reduced their prices by something like 15k?
Tesla reduced their over inflated prices in my opinion.
How does a car cost increase to double after removing all engine from it????
1
Pro
Jun 08, 2023 01:25 PM
219 Posts
Joined May 2011
bryan305
Pro
Jun 08, 2023 01:25 PM
219 Posts
My dealer's response on this is to offer me an SE awd for $629/mo.
2
Jun 08, 2023 02:05 PM
511 Posts
Joined Feb 2008
matt151617Jun 08, 2023 02:05 PM
511 Posts
Quote from flightxxx :
Any dealers in socal giving $3k to $4k off msrp?
https://lookerstudio.google.com/u...page/3KHiC
Jun 08, 2023 02:25 PM
6 Posts
Joined Jun 2018
DannyB6118Jun 08, 2023 02:25 PM
6 Posts
Quote from tivoli :
100%
The best deal here is to lease it and as soon as you get your account settled, buyout the vehicle by financing it through a credit union at a low APR. That way, you pocket the 7500 credit which is not available by doing a retail purchase.

I wouldn't put any cash down on a lease, just do a basic 36/10k with your first month due at signing and buy it.
Just keep in mind that many credit unions (like mine) do not do post-sale loans (sometimes called "title loans"), and if they do, the interest rate on the loan may be somewhat higher, and the process more complicated.
Jun 08, 2023 03:06 PM
1,510 Posts
Joined Feb 2010
nojmpleaseJun 08, 2023 03:06 PM
1,510 Posts
Quote from JMBauer74 :
Anything is negotiable. You can negotiate with two or more leasing companies, or you can shave numbers or add perks if you disagree on the residual value. You can negotiate both top numbers and bottom numbers. The only things that matters are term, payment, equity, and buyout cost. The leasing bank does not determine the residual value anyway. They use a third party that uses an algorithm to determine the residual value and that number is sent to the leasing company.

New car dealers will negotiate more than the average person realizes, especially on new cars. More times than not, they do not own those vehicles. They are owned by Ford, Hyundai, Mazda, etc... The longer those cars sit on the lot, the more it costs those dealers to keep them in their inventory. Companies like Ford will even redistribute vehicles to a different dealer, and the dealers don't have a say in it.
Stop saying nonsense like "everything is negotiable" when that isn't true. You can - and should - negotiate other elements of the transaction to work in your favor, but you cannot negotiate residual value (RV). It is set by the leasing company, full stop. I've leased 5 vehicles in the past 3 years and I spend a decent amount of time on the Leashackr forums.

Some further reading, since you clearly don't believe me: https://www.repairsmith.com/blog/...car-lease/

Can you negotiate a car residual value?

It's also important to know that the car's residual value is set by the leasing company. It is not set by the dealer and it is not negotiable. Because of this, different leasing companies may offer different residual rates.
1

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Jun 08, 2023 03:27 PM
539 Posts
Joined Oct 2021
CrimsonRose733Jun 08, 2023 03:27 PM
539 Posts
Lease offer math is always sketchy.

$5000 + 400 a month for 36 months = $19,400 for 3 years. That is $539 a month!

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