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expiredg8trb8 posted Apr 21, 2024 05:03 AM
expiredg8trb8 posted Apr 21, 2024 05:03 AM

Select Colorado Hyundai Dealerships: 24-Mo Lease on 2024 IONIQ SEL AWD Electric SUV

& More

$225 down + $225 per month

Hyundai
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Deal Details
Note: We are only able to verify this deal for select Colorado Hyundai Dealerships (includes state-specific credits), but we are promoting this deal on the Frontpage due to positive community feedback; check your local dealership for lease specials available in your area.

Select Colorado Hyundai Dealerships are offering a 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV as listed below. This offer is limited to select locations/dealerships only.

Thanks to Community Members g8trb8 & golemchamp for posting this deal.

Example deals:
  • Schomp Hyundai (Aurora, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • McDonald Hyundai (Englewood, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Phil Long Hyundai (Colorado Springs, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Arapahoe Hyundai (Centennial, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV $0 down + $199 per month
      • Note: Arapahoe terms say "select models" and do not specify if this applies to RWD or AWD model

Editor's Notes

Written by StrawMan86 | Staff
  • Terms (terms will vary by dealer/region):
    • Schomp Hyundai (Aurora, Colorado), McDonald Hyundai (Englewood, Colorado), and Phil Long Hyundai (Colorado Springs, Colorado):
      • Includes $10,000 EV Lease Bonus and $5,350 Colorado Tax Credit.
      • Lease a 2024 Hyundai IONIQ SEL AWD for $225 per month. $225 due at lease signing for 24 months. Lease offer based on MSRP of $52,480 for 2024 IONIQ 5 SEL AWD (model #50442AEZ) with freight. Excludes registration, tax, title and license.
      • Closed end lease for 2024 IONIQ 5 SEL AWD offered through Hyundai Motor Finance (HMF) and subject to credit approval. Well-qualified lessees only. Lease offer includes application of $10,000 EV Lease Bonus and $5,350 Colorado Innovative Motor Vehicle Tax Credit resulting in a net capitalized cost of $37,759 and not available for cash. Net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment.
      • Available on new 2024 IONIQ 5 SEL AWD vehicles in dealer stock only. At lease end, lessee responsible for excess wear and mileage at $.20/mile over 30,000 miles. Low mileage lease. Lesser has option to purchase at lease-and price negotiated at signing. Colorado residents who are eligible for Colorado's Innovative Motor Vehicle Tax Credit may assign their $5,000 state tax credit to HMF in exchange for a credit of $5,350 ($5,600 state tax credit less a $250 processing fee) when leasing a new 2024 IONIQ5 SEL AWD from retail stock at a participating Colorado dealer.
      • Vehicle must be titled and registered in Colorado.
      • Lease term must be at least 24 months. By assigning the state tax credit, customer forfeits their right to claim the credit on their income tax return. Tax credits are not within Hyundai's control and are subject to change and/or expire without notice.
      • Not all buyers will qualify. Higher finance rates apply for qualified buyers with lower credit ratings. Tax, title, and license extra. These offers may not be combined with other offers unless specified.
      • Must take delivery from new dealer stock and execute lease or purchase contract by 4/30/2024, See participating Colorado Hyundai dealer for details and vehicle inventory availability. Offer ends 4/30/2024.
    • Arapahoe Hyundai (Centennial, Colorado)
      • Lease select 2024 IONIQ 5 models for $199 per month for 24 months with $0 due at lease signing.
      • Example Stock #AHC240576.
      • Excludes registration, tax, title and license. Closed-end leases available from 3/19/2024 to 4/30/2024, to well-qualified lessees approved by Hyundai Motor Finance.
      • Lessee must qualify for total rebates of $15,350 to qualify for offer. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
      • No security deposit required. MSRP example of $52,660 includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like. Actual net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $4,776.
      • Option to purchase at lease end for pre-negotiated amount.
      • Lessee is responsible for third-party fees. Third-party fees vary by state or locality. Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 12,000 miles/year, excess wear, and a $400 disposition fee is subject to state law limitations. The amount of 2 times the base monthly lease payment or $400, whichever is less. Must take new retail delivery on vehicle from dealer stock by 4/30/2024.
      • See your local Hyundai dealer for details.
      • Total Savings Offer: Some restrictions apply. Not all buyers qualify. Must qualify for all incentives and rebates. HMF Bonus Cash available on all 2024 Hyundai IONIQ 5 vehicles purchased from dealer stock between between 3/1/2024 and 4/30/2024. Customers who participate in a Special Lease or Low APR program through Hyundai Motor Finance (HMF) do not qualify for Retail Bonus Cash. See participating dealer for details. Retail Bonus Cash offer ends 4/30/2024. Hyundai Motor America reserves the sole right to cancel, amend or revoke any incentive program in full or in part for any reason at any time without incurring liability. Hyundai Motor America reserves the sole right to interpret these rules and shall not be bound by any previous interpretations made by Hyundai Motor America before or during the program.
      • Must take delivery from new retail stock by 4/30/2024.
      • Please see your Hyundai dealer Retailer for full offer details.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • Refer to the original post & forum comments for additional details & discussion.

Original Post

Written by g8trb8
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Note: We are only able to verify this deal for select Colorado Hyundai Dealerships (includes state-specific credits), but we are promoting this deal on the Frontpage due to positive community feedback; check your local dealership for lease specials available in your area.

Select Colorado Hyundai Dealerships are offering a 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV as listed below. This offer is limited to select locations/dealerships only.

Thanks to Community Members g8trb8 & golemchamp for posting this deal.

Example deals:
  • Schomp Hyundai (Aurora, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • McDonald Hyundai (Englewood, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Phil Long Hyundai (Colorado Springs, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL AWD Electric SUV $225 down + $225 per month
  • Arapahoe Hyundai (Centennial, Colorado)
    • 24-Month Lease on 2024 Hyundai IONIQ SEL Electric SUV $0 down + $199 per month
      • Note: Arapahoe terms say "select models" and do not specify if this applies to RWD or AWD model

Editor's Notes

Written by StrawMan86 | Staff
  • Terms (terms will vary by dealer/region):
    • Schomp Hyundai (Aurora, Colorado), McDonald Hyundai (Englewood, Colorado), and Phil Long Hyundai (Colorado Springs, Colorado):
      • Includes $10,000 EV Lease Bonus and $5,350 Colorado Tax Credit.
      • Lease a 2024 Hyundai IONIQ SEL AWD for $225 per month. $225 due at lease signing for 24 months. Lease offer based on MSRP of $52,480 for 2024 IONIQ 5 SEL AWD (model #50442AEZ) with freight. Excludes registration, tax, title and license.
      • Closed end lease for 2024 IONIQ 5 SEL AWD offered through Hyundai Motor Finance (HMF) and subject to credit approval. Well-qualified lessees only. Lease offer includes application of $10,000 EV Lease Bonus and $5,350 Colorado Innovative Motor Vehicle Tax Credit resulting in a net capitalized cost of $37,759 and not available for cash. Net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment.
      • Available on new 2024 IONIQ 5 SEL AWD vehicles in dealer stock only. At lease end, lessee responsible for excess wear and mileage at $.20/mile over 30,000 miles. Low mileage lease. Lesser has option to purchase at lease-and price negotiated at signing. Colorado residents who are eligible for Colorado's Innovative Motor Vehicle Tax Credit may assign their $5,000 state tax credit to HMF in exchange for a credit of $5,350 ($5,600 state tax credit less a $250 processing fee) when leasing a new 2024 IONIQ5 SEL AWD from retail stock at a participating Colorado dealer.
      • Vehicle must be titled and registered in Colorado.
      • Lease term must be at least 24 months. By assigning the state tax credit, customer forfeits their right to claim the credit on their income tax return. Tax credits are not within Hyundai's control and are subject to change and/or expire without notice.
      • Not all buyers will qualify. Higher finance rates apply for qualified buyers with lower credit ratings. Tax, title, and license extra. These offers may not be combined with other offers unless specified.
      • Must take delivery from new dealer stock and execute lease or purchase contract by 4/30/2024, See participating Colorado Hyundai dealer for details and vehicle inventory availability. Offer ends 4/30/2024.
    • Arapahoe Hyundai (Centennial, Colorado)
      • Lease select 2024 IONIQ 5 models for $199 per month for 24 months with $0 due at lease signing.
      • Example Stock #AHC240576.
      • Excludes registration, tax, title and license. Closed-end leases available from 3/19/2024 to 4/30/2024, to well-qualified lessees approved by Hyundai Motor Finance.
      • Lessee must qualify for total rebates of $15,350 to qualify for offer. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
      • No security deposit required. MSRP example of $52,660 includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like. Actual net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $4,776.
      • Option to purchase at lease end for pre-negotiated amount.
      • Lessee is responsible for third-party fees. Third-party fees vary by state or locality. Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 12,000 miles/year, excess wear, and a $400 disposition fee is subject to state law limitations. The amount of 2 times the base monthly lease payment or $400, whichever is less. Must take new retail delivery on vehicle from dealer stock by 4/30/2024.
      • See your local Hyundai dealer for details.
      • Total Savings Offer: Some restrictions apply. Not all buyers qualify. Must qualify for all incentives and rebates. HMF Bonus Cash available on all 2024 Hyundai IONIQ 5 vehicles purchased from dealer stock between between 3/1/2024 and 4/30/2024. Customers who participate in a Special Lease or Low APR program through Hyundai Motor Finance (HMF) do not qualify for Retail Bonus Cash. See participating dealer for details. Retail Bonus Cash offer ends 4/30/2024. Hyundai Motor America reserves the sole right to cancel, amend or revoke any incentive program in full or in part for any reason at any time without incurring liability. Hyundai Motor America reserves the sole right to interpret these rules and shall not be bound by any previous interpretations made by Hyundai Motor America before or during the program.
      • Must take delivery from new retail stock by 4/30/2024.
      • Please see your Hyundai dealer Retailer for full offer details.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • Refer to the original post & forum comments for additional details & discussion.

Original Post

Written by g8trb8

Community Voting

Deal Score
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Top Comments

bugnuts
334 Posts
50 Reputation
Located in WI, and it was $3,499 due at signing
Gameross
6189 Posts
903 Reputation
Google AI says: "Yes, lenders can consider immigration status when underwriting loans, and visa holders may be considered more risky than citizens. This is because immigration status can correlate with national origin, which is protected under the Equal Credit Opportunity Act (ECOA). Lenders can consider immigration status to assess their rights or remedies to recover funds, or if otherwise required to comply with other laws. For example, if a visa expires and the borrower must leave the country, the lender would be unable to recover the balance due on a loan."
g8trb8
199 Posts
298 Reputation
I chose to do a 1 pay lease and just pay everything at signing. I also had offers for roughly the same total price with $0 down $254 per month, $1k down $207 per month, and $2k down $161 per month. Admittedly those are slightly better than the $6k upfront but they didn't come with the extra $2k in options which I chose to use on lease end protection and tire/wheel protection

813 Comments

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Apr 21, 2024 02:53 PM
27 Posts
Joined May 2023
PurpleReward6491Apr 21, 2024 02:53 PM
27 Posts
Yeah, not replicable... In CT per month payments are coming out to be 800+/month
1
Apr 21, 2024 02:54 PM
5,797 Posts
Joined Jun 2006
tornadogApr 21, 2024 02:54 PM
5,797 Posts
Quote from chanduss :
What other states has this stupid restriction?
Virginia and Maryland I think
Apr 21, 2024 02:55 PM
386 Posts
Joined Mar 2019
ChristopherJ26Apr 21, 2024 02:55 PM
386 Posts
Quote from infin8007 :
BT W i clicked the link and $3500 due at signing with my MD zipcode..

TD unable to replicate deal

OP should add Colorado to the subject / topic line
and MD is supposed to have an additional 3500 ev credit. guess it doesnt work for leases lol.
Apr 21, 2024 02:55 PM
1,827 Posts
Joined Oct 2004
PassionsApr 21, 2024 02:55 PM
1,827 Posts
How can one get this deal in CA?
3
Apr 21, 2024 02:56 PM
5,797 Posts
Joined Jun 2006
tornadogApr 21, 2024 02:56 PM
5,797 Posts
I was negotiating between this and a 23 eqs 450. Ended up going with the eqs just because of the luxury and the range. Anyway there is no equity in these EV leases. Drive them for 2 years and return them.
1
Apr 21, 2024 03:02 PM
13 Posts
Joined Nov 2013
Btrain34Apr 21, 2024 03:02 PM
13 Posts
What does it take to qualify for the Colorado resident tax credit? I'm assuming that I can't just register it at a friends address if I live in a different state.
1
Apr 21, 2024 03:04 PM
386 Posts
Joined Mar 2019
ChristopherJ26Apr 21, 2024 03:04 PM
386 Posts
What a deal for the Limited....not https://ibb.co/CvFc3VT

Yes they are charging a 6,500 market adjustment in maryland. Offsets any deals. Wasnt especially good anyway

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Apr 21, 2024 03:05 PM
91 Posts
Joined Feb 2020
MrTechieApr 21, 2024 03:05 PM
91 Posts

Our community has rated this post as helpful. If you agree, why not thank MrTechie

Quote from Wulfrax :
"They really seem to be desperate to get rid of them."

Yep, electric is really going downhill these days quickly. Will be surprised to see EVs last much longer. Even the charging networks are falling apart too.

Thank goodness many of us stuck with gas all this time.
Are you a paid troll or naive?

The EV market is consistently growing YoY and most negative sentiment is driven by large companies trying to delay growth to focus on increasing EV margins.

You can't be faulted for repeating the nonsense you've been fed, but please stop parroting the nonsense.

https://www.iea.org/energy-system...c-vehicles

https://www.bloomberg.com/news/ne...-this-year

https://www.statista.com/outlook/.../worldwide

https://www.pwc.com/us/en/industr...rowth.html
2
6
Apr 21, 2024 03:08 PM
477 Posts
Joined Aug 2021
Red_partyhatApr 21, 2024 03:08 PM
477 Posts
Quote from Lilyly :
no. nobody else could duplicate this $229 for 2 years. only OP.


you were comparing renting a home vs owning it.


you paid $6k and you got a used car. you owned it. if you dont like or need it, you can always resell it for at least a few thousands.


in this leasing scenerio, you dont own anything. after 2 years, whatever you paid are all gone. walk off with nothing in your pocket.


back to the home owning story. you cant really compare paying rental for a brand new house for $1000 a month for 2 years vs getting a 50 year old house for $24k.
Ah so you have to return it after the 2 years, got it. Thanks
1
Apr 21, 2024 03:09 PM
2,048 Posts
Joined Nov 2004
cappuccinomanApr 21, 2024 03:09 PM
2,048 Posts
Smoking lease
Apr 21, 2024 03:11 PM
1,796 Posts
Joined Dec 2013
JeffJ9000Apr 21, 2024 03:11 PM
1,796 Posts
Quote from Lilyly :
no. nobody else could duplicate this $229 for 2 years. only OP.


you were comparing renting a home vs owning it.


you paid $6k and you got a used car. you owned it. if you dont like or need it, you can always resell it for at least a few thousands.


in this leasing scenerio, you dont own anything. after 2 years, whatever you paid are all gone. walk off with nothing in your pocket.


back to the home owning story. you cant really compare paying rental for a brand new house for $1000 a month for 2 years vs getting a 50 year old house for $24k.
Sounds like you didn't factor in the biggest expense of car ownership.... Depreciation. Bake that in and your math doesn't work.
Apr 21, 2024 03:15 PM
1,225 Posts
Joined Jul 2007
reactionaryApr 21, 2024 03:15 PM
1,225 Posts
$229 per month after $3500 down
Apr 21, 2024 03:15 PM
1,286 Posts
Joined Jan 2008
mankuApr 21, 2024 03:15 PM
1,286 Posts

Our community has rated this post as helpful. If you agree, why not thank manku

I've probably leased 20+ cars in my life...made mistakes early on, but learned along the way...and still am.

One thing I can virtually guarantee is that ANY nationally advertised promotion has a lot of meat on the bone...there is plenty of room to negotiate lower. It is just a starting point. BTW, I never put anything down...if a dealer won't, go somewhere else unless the deal is phenomenal. Sign & Drive.

Prior to Covid and the crazy car market of 21/22, you never had equity in ANY lease unless somehow the car became a collectible (like the Toyota FJ Cruiser), or you managed to get a huge discount off MSRP (I did in 2008/9 when Mercedes was blowing out the last year of the E-Class sedans for 30K off).


1
Apr 21, 2024 03:21 PM
721 Posts
Joined Dec 2007
mser4funApr 21, 2024 03:21 PM
721 Posts
I am seeing so many good deals on EVs out there. Tesla gets a lot of PR when they drop prices but boy, it's not just Tesla and instead, it's all over. A buddy of mine was trading in a 2020 Taycan at some Porsche dealership and they wouldn't take it. A year or two ago, buyers used to wait a whole year until they received one. This is crazy!

Demand for EVs indeed is on the rise like you quote below but it appears that production of EVs is on steroids right now. There is just too many manufacturers of EVs out there that flooded the market too quickly, yet your traditional combustion vehicle buyers are just not quite comfortable with the switch to EVs, at least not this year


Quote from MrTechie :
Are you a paid troll or naive?

The EV market is consistently growing YoY and most negative sentiment is driven by large companies trying to delay growth to focus on increasing EV margins.

You can't be faulted for repeating the nonsense you've been fed, but please stop parroting the nonsense.

https://www.iea.org/energy-system...c-vehicles

https://www.bloomberg.com/news/ne...-this-year

https://www.statista.com/outlook/.../worldwide

https://www.pwc.com/us/en/industr...rowth.html
1

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Apr 21, 2024 03:29 PM
257 Posts
Joined Oct 2022
RedDragon45Apr 21, 2024 03:29 PM
257 Posts
Quote from Wulfrax :
"They really seem to be desperate to get rid of them."

Yep, electric is really going downhill these days quickly. Will be surprised to see EVs last much longer. Even the charging networks are falling apart too.

Thank goodness many of us stuck with gas all this time.
Google "best selling car in the world".
2

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