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Edited April 21, 2024
at 08:01 AM
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Hyundai is offering Ioniq 5 SEL AWD 2 year lease for $225 per month and $225 down in Colorado. States without additional EV tax credit will likely be a little higher but you can probably talk them down even more. I got them down to $6k total price for a 2 year lease including all taxes and fees as well as an additional $2k of no charge options/accessories or protection/warranty plans. I also had a quote for a RWD for $4300 all-in.
They really seem to be desperate to get rid of them. I got to the point in negotiating that they literally couldn't lower the price of the car anymore because it made the residual higher than what I would owe on the car which meant Hyundai would've had to pay me to lease the car, which is how I ended up with the extra $2k in options. It also includes 2 free years of charging on the Electrify America network.
The Hyundai website says the offer ends April 30, but I'm guessing they will extend it.
Edit to add copy of final paperwork numbers. Deal was at Schomp Hyundai in Denver but had similar offers from Phil Long Hyundai Chapel Hills in Colorado Springs and McDonald Hyundai in Denver.
https://www.hyundaiusa.com/us/en/...Type=Lease
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That's dumb. Nevermind that it was founded in 2003 and say hyundai is in 60s. And they are improving the vehicle every year.
Owned a Model S, now own a limited spec Ioniq 5; can confirm.
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How did you get a new car without spending $6k or more?
Local dealer in AZ Phoenix just a few mins ago
asking 3500 plus monthly 448 or
4400 plus monthly for 395 or
5500 plus monthly for 348.
this is for ioniq 5 SE.
hard pass?
Edit: I left the dealership without buying
It wasn't new, why would I buy a new car that loses value as soon as you drive it off the lot? but I paid 20k cash. So after 8 years of leasing, that would cost what, 24k with this amazing deal? I don't see long-term benefits of renting a car. Same with renting an apartment.
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.
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