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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 22, 2024 01:39 AM
35 Posts
Joined Feb 2023
CyanFriction367Apr 22, 2024 01:39 AM
35 Posts
Quote from inslyx :
Schomp is far better than Arapahoe - we leased an ioniq 5 SEL AWD late last month for 2 years 12K miles for $4500 one pay lease from Schomp.

Arapahoe likes to play more games, Schomp was no non sense and gave us best deal up front.
If you don't mind me asking, why one pay lease? Isn't that risky in the event the car is totaled or some such?
I also live in Co, and leases always seemed to get butchered by sales tax. How much, also if you don't mind, was tax and tags? I bet it'll end up being more then the actual lease over 2 years?
1
Apr 22, 2024 01:41 AM
2,821 Posts
Joined Dec 2014
remaindersApr 22, 2024 01:41 AM
2,821 Posts
Quote from ejvyas :
Ioniq beats Tesla hands down. Test it
260 Mi range for the AWD, with 320 HP versus. 310 Mi range and 425 HP for the Model Y LR. Don't need to.
2
Apr 22, 2024 01:41 AM
5,031 Posts
Joined Nov 2017
abi.raApr 22, 2024 01:41 AM
5,031 Posts
Quote from NewYorkDeals :
The numbers for NJ are considerably higher. Wonder if going to a dealership and showing them the link might yield better results. Would love feedback from anyone who tries. I'll see about doing so this week
I was looking for NJ deals too. Please let us know if you had any traction. Best luck.
Apr 22, 2024 01:44 AM
451 Posts
Joined Sep 2010
ActonsdictumApr 22, 2024 01:44 AM
451 Posts
Quote from TungV9142 :
it should be noted that the car is fairly easy to steal. once again, Hyundai does not care about security.
there are ways to prevent as seen here https://youtu.be/Jhr1jigDHjkG
go google the list of most stolen cars in the US
2
Apr 22, 2024 01:50 AM
630 Posts
Joined Sep 2019
UniqueSoda2365Apr 22, 2024 01:50 AM
630 Posts
Quote from WarlockLord :
Strange... I do see this being offered in CT on the Hyundai website AND CT residents should qualify for the CHEAPR rebate, with some being eligible.for.CHEAPR+NEW, which I would think would cover the required money down, but I've never worked with that program before so I'm not sure of the specifics.
Im seeing

"For 24 months with $3,499 due at lease signing includes $7,500 EV Lease Bonus"

Need to do some research I guess. $230 down and $230 down payment is a no brainer.

Would I need to put 3500 down and then get a 7500 tax credit? And what does CT tax you on a lease? When you buy it? Also every year?

Feel like a need to be a tax person or lawyer to understand this crap.
Apr 22, 2024 01:51 AM
630 Posts
Joined Sep 2019
UniqueSoda2365Apr 22, 2024 01:51 AM
630 Posts
Quote from WarlockLord :
Strange... I do see this being offered in CT on the Hyundai website AND CT residents should qualify for the CHEAPR rebate, with some being eligible.for.CHEAPR+NEW, which I would think would cover the required money down, but I've never worked with that program before so I'm not sure of the specifics.
Im seeing

"For 24 months with $3,499 due at lease signing includes $7,500 EV Lease Bonus"

Need to do some research I guess. $230 down and $230 down payment is a no brainer.

Would I need to put 3500 down and then get a 7500 tax credit? And what does CT tax you on a lease? When you buy it? Also every year?

Feel like a need to be a tax person or lawyer to understand this crap.
Apr 22, 2024 01:53 AM
451 Posts
Joined Sep 2010
ActonsdictumApr 22, 2024 01:53 AM
451 Posts
Quote from ChristopherJ26 :
Hes right. Why the down votes. Shills
Maybe because he just had to, for no reason or purpose, bring nationality into this?

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Apr 22, 2024 01:54 AM
1,008 Posts
Joined May 2004
kouichiApr 22, 2024 01:54 AM
1,008 Posts
Quote from oddelement :
Didn't want to go through 18 pages to check and probably should be under be a separate post, but I went to the Hyundai website and noticed the 2024 IONIQ 6 SE is $239/month for 24 months with $239 due at lease signing using a SoCal zip code. $349 for SEL.
Yes, but the op's deal is for ioniq 5
Apr 22, 2024 01:55 AM
92 Posts
Joined Sep 2013
JoshW9137Apr 22, 2024 01:55 AM
92 Posts
Quote from elefante72 :
The Subaru is a Toyota and it's a cyclops. Good luck getting parts in a few years. Early leaf owners can't even gets parts now when under warranty ..
It also has terrible range and slow-ish charging. Two kind-of-important things for an EV.
Apr 22, 2024 02:02 AM
907 Posts
Joined Jun 2017
BabyTantrumApr 22, 2024 02:02 AM
907 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.
Oil companies' stocks are surging again Smilie
1
Apr 22, 2024 02:02 AM
451 Posts
Joined Sep 2010
ActonsdictumApr 22, 2024 02:02 AM
451 Posts
Quote from LUKEL4062 :
I went to four different Hyundai dealerships in Florida and was quoted anywhere from 362 690 per month on a 24 month lease. Hyundai was actually terrible to deal with. They wouldn't allow me to lease it in a company name and use certificate of sales tax exemption Tesla everybody else Ford no issues at all. I ended up ordering two more RAV4 LE hybrid for a total of $31,120 each and two Ford Mavericks hybrid that came out to options the driver assistance, package, tow hitch, etc. of $24,700 , each out the door Hyundai just honestly didn't have it together no matter what they were trying to sell. I wouldn't even bother dealing with them again. It was like having to pull teeth just trying to get pricing and then constantly trying to add in dealer fees, paperwork fees, that are not existent Mixed with the word tax and government fees that literally don't even exist for me. I shut them down really quick on that.
I bought 2 hyundais and 3 toyotas, brand new from respective dealerships, in the last 2 years, and the experience has been literally the same. Go in, find the cars I like, negotiate, do paperworks, pay, and leave. Actually, I had a better experience at Hyundai as they were more professional and courteous by providing me with the service of their porter to get the cars transported to my house. Toyota didn't even have porters and their sales folks had to take time out of their day to drop it off and I had to wait quite a while for that to be arranged whereas Hyundai had a porter pre-ready.

Document Fees, Tag Fees, Title Fees, etc are all the same across dealerships. Stop being a drama queen and making up stories just to complain.
1
Apr 22, 2024 02:05 AM
714 Posts
Joined Jul 2013
mem4720Apr 22, 2024 02:05 AM
714 Posts
Quote from Elon69 :
Mkbhd just reviewed the Subaru i think. Don't think it was positive


Ionic 5N. The performance version had rave reviews
The guy strikes me as an uninformed shill. Why is he so influential? No judgement, I'm genuinely curious.
2
Apr 22, 2024 02:07 AM
451 Posts
Joined Sep 2010
ActonsdictumApr 22, 2024 02:07 AM
451 Posts
Quote from desi_babu_2010 :
i like 1 pay deal.
much better deal.
less $ in long run.
if one cannot afford to pay it all up front. probably shldnt be doing a ev lease anyways.
That makes no sense. Leasing has little to do with having money or not. You probably also think people who use credit cards are poor people and go around with dirty ass crumpled up bills and rusted coins taking forever to check-out.
1
Pro
Apr 22, 2024 02:09 AM
1,342 Posts
Joined Mar 2009
kgorilla
Pro
Apr 22, 2024 02:09 AM
1,342 Posts
Quote from CyanFriction367 :
This is the correct take. Insurance for a model y performance for me is about $700 for 6 months, up from $660 for my 2017 Sonata (not the cheapo easy-to-steal version). I expected it to be more for a car that's worth almost 4x as much and does 0-60 in 3.5 seconds.
I also pay $0.07 per kwh 7pm - 11am, which means charging 280 miles overnight costs about $5.25, maybe around $6 for efficiency loss. I looked at the Ioniq 5 as well, made more sense to me to get the model y with the recent price cuts: 52000 - 7500 federal - 5000 state - 5000 in-stock discount. I got it for trade in value of a 2022 model y.

And before anyone chimes in, if the government wasn't subsidizing gas, it would be somewhere in the $10-$15 a gallon range. Then everyone would be driving electric, subsidy or not.
In CA, summer rates on PG&E are over 4x that even off peak.

Just saying, the economics change a lot with expensive electric.

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Apr 22, 2024 02:11 AM
1,267 Posts
Joined Jul 2007
BuzzardGasApr 22, 2024 02:11 AM
1,267 Posts
Quote from YiY3840 :
Where's California deal?
With U-Haul.
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