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expiredg8trb8 posted Apr 21, 2024 05:03 AM
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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 01:05 PM
10 Posts
Joined Nov 2016
rabid_braindeerApr 22, 2024 01:05 PM
10 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
We've been having the same trouble in PA. Dealers' lease offers are in the 400-500 a month range, even if they advertise the lower rate on their website. We tried a bunch of different dealers and tactics, even showing them the lease offers from their own website and they all just shrug and offer no explanation.
1
Apr 22, 2024 01:09 PM
10 Posts
Joined Nov 2016
rabid_braindeerApr 22, 2024 01:09 PM
10 Posts
Quote from Flyingbuff :
I can never duplicate these offers and I live in Denver! Furthermore, why would anyone want to burn their federal & state EV tax credit on a lease? It might make sense to wait two years for these to come off lease and buy them allowing someone else to suffer the depreciation. Right?
In many cases the leases get more rebates than financing offers. So it's a way to get more discount off the total price if you plan to buy at end of lease.
Apr 22, 2024 01:16 PM
403 Posts
Joined May 2009
LoveRockApr 22, 2024 01:16 PM
403 Posts
Quote from FairMitten6317 :
some states charge EV taxes ...that sucks
Driving on state/federal funded roads is a privilege, not a "right". Typically those funds come from a tax on fuel. So.....
Apr 22, 2024 01:20 PM
15,359 Posts
Joined Sep 2009
KnightshadeApr 22, 2024 01:20 PM
15,359 Posts
Quote from UniqueSoda2365 :
Can you use the tax credit on a used car? And Im not sure if this is a car id like to buy used.

There is a used EV credit but max price is 25k and it has a bunch of other restrictions as well (min 2 years old, income cap is half what it is for new credit, and a few other things)

https://www.irs.gov/credits-deduc...cle-credit
Apr 22, 2024 01:21 PM
11 Posts
Joined Jul 2015
slickguy78Apr 22, 2024 01:21 PM
11 Posts
The MSRP is hilarious 🤣
2
Apr 22, 2024 01:23 PM
15,359 Posts
Joined Sep 2009
KnightshadeApr 22, 2024 01:23 PM
15,359 Posts
Quote from part16john :
EV cars are 30% heavier than an ICE. Have to pay for the road wear and tear somehow. Imagine a 30% heavier semi.

Badly designed ones are.

In contrast the Tesla model 3 for example is 3,862 to 4,034 lbs

ICE competition are things like the BMW 3 series whose weight range is 3,582 to 4,138 lbs... somewhat lighter to somewhat heavier

Or the Lexus IS350, which is 3,715 to 3,891 lbs... So only a very tiny increase for the EV. depending on trim
2
Apr 22, 2024 01:30 PM
158 Posts
Joined Sep 2010
inslyxApr 22, 2024 01:30 PM
158 Posts
Quote from ThriceQ :
So whats the best deal right?
This isn't true. I did a one pay lease for less than $4500 for 2 years, 12k miles a year on a 2024 ioniq 5 sel. Also includes two years of free charging (30 mins a day) thru electrify America.
Last edited by inslyx April 22, 2024 at 07:35 AM.
1

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Apr 22, 2024 01:32 PM
158 Posts
Joined Sep 2010
inslyxApr 22, 2024 01:32 PM
158 Posts
Quote from geraldp21 :
I actually work for a Hyundai dealership. (Top Salesman) and let me tell everyone a little secret. There is no such thing as this car for $229 with only first month payment due. I don't care what they tell you. It has nothing to do with the state you are in.

HyundaiUSA.com is what every single Hyundai dealership in America bases their rebates/incentives/lease specials off of. I promise you Colorado is not doing these leases for $229/month with only $229 down. It's actually impossible. I notice people asking for price quotes on the thread. You won't get one because this deal does not exist. I live in Austin, Texas.

Reach out if you want the hook up.
This isn't true. There are crazy deals on these to be had, but I think the best one at end of last month is done (in Colorado at least)
1
Apr 22, 2024 01:42 PM
728 Posts
Joined Nov 2009
sean1280Apr 22, 2024 01:42 PM
728 Posts
Quote from SiennaTent171 :
Do you have a link for this? Would love to replicate this deal in socal
https://www.hyundaiusa.com/us/en/....ds#offers
Apr 22, 2024 01:55 PM
1,835 Posts
Joined Jun 2009
dbernie41Apr 22, 2024 01:55 PM
1,835 Posts
Quote from inslyx :
This isn't true. I did a one pay lease for less than $4500 for 2 years, 12k miles a year on a 2024 ioniq 5 sel. Also includes two years of free charging (30 mins a day) thru electrify America.
$4,500 ALL in? What state?
Apr 22, 2024 02:03 PM
153 Posts
Joined Nov 2014
BlackLuigi7Apr 22, 2024 02:03 PM
153 Posts
Quote from Slimeyface :
This is sarcasm/satire, yeah? laugh out loud

Interesting article about how there are now 1:15 EV fast-charging stations to gas stations in the US:
https://www.extremetech.com/cars/...s-stations
I would like to mention the obvious, and people should do their due diligence before buying an EV. In Cali an EV might make sense -- but even if you're in another state with a ton of chargers, if you happen to be anywhere where the weather goes harshly from summer to winter/anywhere middle-income, those chargers might not be well-kept. I would drive around in your typical commuting area and do a visual check of the chargers, and I would do research on how your EV handles a charge in the winter.
1
Apr 22, 2024 02:06 PM
3,850 Posts
Joined Oct 2015
goodness97Apr 22, 2024 02:06 PM
3,850 Posts
This is an extremely great deal. I just signed a lease about 3 weeks ago for the same car for $389 per month. I wish I had waited. Is there anything I can do at this stage?
Apr 22, 2024 02:10 PM
3,850 Posts
Joined Oct 2015
goodness97Apr 22, 2024 02:10 PM
3,850 Posts
This is an extremely good deal. I just signed a lease for the same car about 3 weeks ago for $389 per month. I wish I had waited. Is there anything I can do at this stage.
Apr 22, 2024 02:11 PM
158 Posts
Joined Sep 2010
inslyxApr 22, 2024 02:11 PM
158 Posts
Quote from CyanFriction367 :
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?
Quote from CyanFriction367 :
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?
Actually, less than $4500 because we qualified for the $400 College Degree rebate. I think we were just over $4300 over two years.

Taxes are about 7.x% for my county. Taxes/Tags will be about 2% of the MSRP. Yes, insurance, taxes and tags are more than the cost of the lease over two years. With free charging through electrify america for two years, and considering we own lifted trucks and high horsepower sports car, it's nice to have a cheap reliable car to drive around for 2 years for low cost.

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Apr 22, 2024 02:13 PM
158 Posts
Joined Sep 2010
inslyxApr 22, 2024 02:13 PM
158 Posts
Quote from dbernie41 :
$4,500 ALL in? What state?
Little less, actually as we qualified for the College graduate rebate of $400, think we were around $4300 out the door. Colorado - we closed on last day of March, not sure if same extra aggressive rebates still apply. We used Schomp Hyundai, they were pretty good at being no-BS and leading with best deals.

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