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

$225 down + $225 per month
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+198 Deal Score
461,065 Views
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
Good Deal?

Original Post

Written by
Edited April 21, 2024 at 08:01 AM by
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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Created 04-20-2024 at 10:03 PM by g8trb8
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Deal
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461,065 Views
$225 down + $225 per month

Community Wiki

Last Edited by infin8007 April 25, 2024 at 04:40 AM
THanks op

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Featured Comments

Located in WI, and it was $3,499 due at signing Frown
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."
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

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Joined Oct 2008
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> bubble2 1,919 Posts
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flightxxx
04-22-2024 at 07:05 PM.
04-22-2024 at 07:05 PM.
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...
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> bubble2 3,708 Posts
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goodness97
04-22-2024 at 07:23 PM.
04-22-2024 at 07:23 PM.
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.
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Last edited by goodness97 April 22, 2024 at 07:26 PM.
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Actonsdictum
04-22-2024 at 08:32 PM.
04-22-2024 at 08:32 PM.
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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Actonsdictum
04-22-2024 at 08:36 PM.
04-22-2024 at 08:36 PM.
Quote from seregaknorrr1 :
2022 model 3 my friend showed me was not bad inside, I wouldn't call it corolla..nothing spectacular, true, but not the civic class https://static.slickdealscdn.com/ima...lies/smile.gif
The new Civics look nicer than Model 3 or Y's interior.
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atom311
04-22-2024 at 08:52 PM.
04-22-2024 at 08:52 PM.
Quote from Actonsdictum :
Disagrees about current Honda EVs being crap by saying the future Honda EVs look great on paper
They don't have current EVs.. they are starting now. You did check their website, or just roll with the SD flow? Japan follows hybrids.

*If you took this deal.. that's cool. Let us know how it goes. Leasing a car is like renting a house, but worse. You never own anything, and pay the full premium. Let us know how your much your insurance is for full coverage as well.
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Last edited by atom311 April 22, 2024 at 08:55 PM.
Joined Sep 2009
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> bubble2 15,107 Posts
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Knightshade
04-22-2024 at 09:10 PM.
04-22-2024 at 09:10 PM.
Quote from atom311 :
They don't have current EVs.. they are starting now. .

Just to clarify- by "they are starting now" what they're mostly doing is just slapping a Honda badge on a Chevy Blazer EV--- the frame rails, the floor, the front and rear suspension subframes, pedal box, steering column mounting, the base of the windshield, and firewall are shared with the Blazer EV- as is the entire powertrain, the steering wheel and stalks, climate settings/controls, door handles and locks, window swiches, infotainment display...even the car OS is running a reskinned version of GMs Android Auto implementation. Even the door open chime is GMs.

Honda changed the exterior body panel styling a bit and played with the tuning of GMs steering and springs, but that's about all the "honda" this has to offer.

(the Acura ZDX is the same thing BTW, though they might've borrowed a few bits from the Lyriq parts bin too to seem more upscale since it's based on the same platform as well)


Japan in general is just hilariously behind on BEV development compared to....just about everyone else that makes cars....especially sad given how Nissan was initially a leader in this space
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Last edited by Knightshade April 22, 2024 at 09:30 PM.
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inslyx
04-22-2024 at 09:28 PM.
04-22-2024 at 09:28 PM.
Quote from dealUnlocked :
This is $1000 extra than what my friend got SEL trim. My friend got it for $5000 and i know none of the dealer mentioned in the wiki can match the $5000.

https://forum.leasehackr.com/t/si.../547383/14

March 30, 2024 - I paid $4323 out the door for a 2 year 24K mile lease on a 2024 ioniq 5 sel, free 30 mins a day charging thru electrify America for the duration of the lease. I believe the extra incentives to get below the $5K number ended end with March.

Talk with Schomp Hyundai in Aurora, CO - they were straight up on leading with the best lease deals they have.

Pic from docs

https://tinypic.host/image/IMG-3009.Djgkhw
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Last edited by inslyx April 22, 2024 at 09:33 PM.

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sumosha
04-22-2024 at 09:38 PM.
04-22-2024 at 09:38 PM.
Quote from LivelyStraw9917 :
leasing works better if you can do it with a business write off on your taxes.

a personal use lease is not a slickdeal way of paying for a car.

at the end, you have to pay residual fee, they check if you are within the allotted miles/yr you agreed to, and every dent, nick, scratch, curbed wheels will be charged to you, for reconditioning the vehicle for resale.

their goal, when you turn in, will be to turn you around, and re-lease, or re-buy another dealer sale.

i tend to drive my vehicles into the ground, so i never lease.

we currently have 4 EVs, and they are all 12+ years old.

saved so much money, time, hassles, never going back to ICE. never.

good luck
What kind of range do you get on the cars from beginning to now? Have you had to replace batteries?
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luo2010
04-23-2024 at 04:03 AM.
04-23-2024 at 04:03 AM.
Saw the news about their floor damage that require battery to replace, though it looks no damage to the battery itself, cost of replace the battery is extremely high.
If at the end of the lease they telling you the battery need replace, you will likely end up with a battle there.
Lucky for the ones with full insurance coverage, the guy without that end up cost almost the new car to replace that dam battery.
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markitude
04-23-2024 at 04:36 AM.
04-23-2024 at 04:36 AM.
The Tesla's are literally not even in the same category as the Hyundai''s. Scroll down to the category that has the word LUXURY in it hahaha
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Infin8!
> bubble2 8,231 Posts
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infin8007
04-23-2024 at 04:40 AM.
04-23-2024 at 04:40 AM.
Quote from Knightshade :
You realize gas pumps run on electricity right?

Some folks also have solar at home, but that's a minority.

Apart from that, according to the Energy Information Administration the average American has about 2 hours per year of power outages.

Even in major storms outages of more than a day are very very rare for most in the area.

1 week is like a once-in-a-generation-or-more natural disaster.

And generally you'd be leaving the area either before it, or immediately after- and have fully charged before it hit. Leaving you plenty of range to get out of the outage radius.

It's a complete and utter non-issue.

If that is, as you claim, the only thing holding you back from an EV it's no reason at all.
You forgot to add you can purchase a generator or two and then have gasoline, propane, or deisel to charge up your car... so it actually gives you more options in an emergency.. as well as the vehicle being your backup home power..

And you could potentially drive somewhere to get a recharge and bring the juice back home..
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Infin8!
> bubble2 8,231 Posts
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infin8007
04-23-2024 at 04:41 AM.
04-23-2024 at 04:41 AM.
Quote from luo2010 :
Saw the news about their floor damage that require battery to replace, though it looks no damage to the battery itself, cost of replace the battery is extremely high.
If at the end of the lease they telling you the battery need replace, you will likely end up with a battle there.
Lucky for the ones with full insurance coverage, the guy without that end up cost almost the new car to replace that dam battery.
You're required to have full coverage on a vehicle that you did't fully pay for cash.
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markitude
04-23-2024 at 04:53 AM.
04-23-2024 at 04:53 AM.
Quote from Phegotgame :
What kind of shoddy list is this? The #1 selling SUV in the world (model Y) is not even in the top 10 in this list haha. I would agree the Ionic is bstter than a bolt tho. But far inferior to a Tesla
Scroll down. They divided the vehicles into so many different categories that it's all useless information.
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JoshuaS2746
04-23-2024 at 04:56 AM.
04-23-2024 at 04:56 AM.
Do you have to be a Coloroado resident or have a Colorado address to get this deal? Been eyeing the Toyota or Subaru Solterra deal but being in neighboring KS, this is a lot closer.
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asianplow
04-23-2024 at 05:02 AM.
04-23-2024 at 05:02 AM.
Thanks OP for sharing.

I was able to get pretty close. $0 down and ~$270 month which seems about right after taxes, title and fees.
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