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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
814 Comments 517,368 Views
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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 10:39 PM
15,359 Posts
Joined Sep 2009
KnightshadeApr 22, 2024 10:39 PM
15,359 Posts
Quote from seregaknorrr1 :
But with gas pumps you can have canisters stored in your garage, ahead of warnings of a hurricane...that's the difference.
With an EV you can have batteries charged in your garage.

In fact the car comes with a quite large one- though you can buy additional ones if you really wanted to (most often people do this combined with solar though)

When Texas has some bad outages during really cold weather a while back EVs were lifesavers providing a safe way to keep people warm, phones charged, etc....in ways an ICE vehicle would've been a very poor (or deadly in the case of having them "on" inside a garage) substitute for
(granted bitter cold isn't a big issue in FL)
https://electrek.co/2021/03/05/el...-blackout/




Quote from seregaknorrr1 :
B
This is a second time I was with no power for several days in the last few years. Never had to leave the area, cause nothing ever happens inside the area, except some power poles getting knocked off here and there leaving whole neighborhood with no power Frown So I wouldn't call it once in a generation event..It's called Florida Smilie

"several days" is not a week.

Apart from which, if you never had to leave the area you almost certainly did not drive far enough to have run out of charge on the EV in those days either.

(nor do I expect DC fast chargers were ALSO totally out for days in your region... Tesla superchargers for example have an annual average uptime of 99.95%)
Last edited by Knightshade April 22, 2024 at 04:44 PM.
1
Apr 22, 2024 11:12 PM
3,850 Posts
Joined Oct 2015
goodness97Apr 22, 2024 11:12 PM
3,850 Posts
Quote from desi_babu_2010 :
in CO or TX, the lease hacker forum has dealers u can try
What are the names of dealerships in TX?
Apr 23, 2024 12:12 AM
808 Posts
Joined Nov 2017
LesCasterApr 23, 2024 12:12 AM
808 Posts
Quote from shorshie :
This is ridiculous. Electric is the future, there's no question about it, it's just a matter of when it catches on and when the cars and trucks conform with what consumers want
Meanwhile, there's this little inconvenient truth behind the industry that depends on mining and manufacturing in far removed countries where we don't have to be confronted by the very real impact our choices are having on other humans:
https://www.dol.gov/sites/dolgov/...d_0922.pdf (one of many sources explaining some of the inconvenient truths behind an industry that's generated massively hollow virtue signaling)

Enjoy the plug-in hybrids.
Apr 23, 2024 12:19 AM
248 Posts
Joined Dec 2007
dwotenApr 23, 2024 12:19 AM
248 Posts
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj

Apr 23, 2024 12:24 AM
53 Posts
Joined Jul 2020
WittyMammoth137Apr 23, 2024 12:24 AM
53 Posts
Anybody in the Kansas City area seen this deal?
Apr 23, 2024 12:45 AM
63 Posts
Joined Dec 2014
KeynoteApr 23, 2024 12:45 AM
63 Posts
I tried to buy a Model Y a few weeks ago. The Tesla dealership experience was the worst I had ever seen, and I have purchased over 50 cars in my life. I just left with how unknowledgeable the staff was and how much they misrepresented.
1
Apr 23, 2024 12:54 AM
1,835 Posts
Joined Jun 2009
dbernie41Apr 23, 2024 12:54 AM
1,835 Posts
Quote from Keynote :
I tried to buy a Model Y a few weeks ago. The Tesla dealership experience was the worst I had ever seen, and I have purchased over 50 cars in my life. I just left with how unknowledgeable the staff was and how much they misrepresented.
Tesla is probably the most straight forward car buying experience there is. Few options. No negotiating. No BS. You make choices for the very few items you have a choice on, here is your price, you pay it or not.
3

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Apr 23, 2024 12:59 AM
63 Posts
Joined Dec 2014
KeynoteApr 23, 2024 12:59 AM
63 Posts
Quote from dbernie41 :
Tesla is probably the most straight forward car buying experience there is. Few options. No negotiating. No BS. You make choices for the very few items you have a choice on, here is your price, you pay it or not.
So they collect $250 and then can change the number on your trade and then can change other numbers such as tax liabilities, rate, etc. Then you can't change vehicles after that if you want something else without starting over and losing $250. Then, you can't even sit inside the car you are buying to identify quality control issues. You must not know much about the car business because this is almost as predatory as it gets.
2
Apr 23, 2024 12:59 AM
633 Posts
Joined Feb 2015
kingsfan626Apr 23, 2024 12:59 AM
633 Posts
Quote from YiY3840 :
Where's California deal?
CA strangely stopped caring about EVs once the $7,500 state rebate ended. No new incentives to install home chargers or anything.
Apr 23, 2024 01:02 AM
155 Posts
Joined Sep 2009
alxdlzApr 23, 2024 01:02 AM
155 Posts
Quote from dwoten :
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj
How did you initially negotiate a lower price?
Pro
Apr 23, 2024 01:39 AM
3,125 Posts
Joined Jul 2020
ThirstyCruz
Pro
Apr 23, 2024 01:39 AM
3,125 Posts
Quote from novum_bonum :
All this chatter and I have not seen a single person post a quote or paperwork where they replicated this deal. Kudos to those who actually did this but for the rest of us, it's just a haggling exercise with the salespeople at the dealership.

Can someone in CO please post photo of quote or breakdown on final out the door cost that came from the dealership? I'm looking for a document that I have give to the dealership and ask them to replicate it.
Yup, this! Anyone get this deal? Or just the OP?
Apr 23, 2024 01:57 AM
4 Posts
Joined May 2019
Man1935Apr 23, 2024 01:57 AM
4 Posts
Unable to find anything close to this deal in PA. Hyundai is wasting our time.
Apr 23, 2024 02:05 AM
2,241 Posts
Joined Oct 2008
flightxxxApr 23, 2024 02:05 AM
2,241 Posts
Quote from dwoten :
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj
seems like a pretty fair offer from the dealer, about $7500 over 2 years is less than typical depreciation...
Apr 23, 2024 02:23 AM
3,850 Posts
Joined Oct 2015
goodness97Apr 23, 2024 02:23 AM
3,850 Posts
Quote from dwoten :
I was very interested in this deal and tried in Arkansas. I didn't think it would work and was pleasantly surprised when I was provided the below pricing. I was told repeatedly in text/writing that the pricing included all costs/fees/taxes but when I went back to finalize there was ~$3,600 in taxes/fees that would have had to be paid to get the shown pricing. The dealer tried to meet in the middle, but it didn't make sense in our case with an extra $1,600 in costs.

Just posting in case it helps anyone and/or saves someone some time/effort.

Lease Pricing [ibb.co]
https://ibb.co/f012ncj
That is still a very good price. I wish I had waited for these deals instead of $389 offer I signed 3 weeks ago. I really feel I made a big mistake.
Last edited by goodness97 April 22, 2024 at 08:26 PM.

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Apr 23, 2024 03:32 AM
451 Posts
Joined Sep 2010
ActonsdictumApr 23, 2024 03:32 AM
451 Posts
Quote from atom311 :
I disagree, the new prologue coming this year looks pretty tight on paper.
Disagrees about current Honda EVs being crap by saying the future Honda EVs look great on paper

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