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

$225 down + $225 per month
& More
+199 Deal Score
467,366 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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+199
467,366 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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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 Feb 2014
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Makemecoffee
04-25-2024 at 09:25 PM.
04-25-2024 at 09:25 PM.
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.

Try Hyundai of Greeley
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CTRFK8
04-25-2024 at 10:51 PM.
04-25-2024 at 10:51 PM.
Quote from g8trb8 :
No the total of the actual "lease payments" excluding taxes and fees was $4388.16. Adding all taxes and fees brought it to $6006.62 which I chose to just pay off all at once so I have no monthly payments now.

Taxes went up about $1k per year compared to a CR-V.
which dealer,
how you get less than 199.99 a month?
Do they charge a Dealer handling fee on a lease deal. I know they do on a purchase
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CTRFK8
04-25-2024 at 11:11 PM.
04-25-2024 at 11:11 PM.
Quote from MtnXfreeride :
My insurance dropped 120 a year by leasing a solterra coming from a subaru wrx.
did you get auto lane change and 450lb tq?
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SiennaMallard213
04-25-2024 at 11:25 PM.
04-25-2024 at 11:25 PM.
Quote from soobaerodude :
NorCal dealers are in $7700-$8000 range if you can find a reasonable one. If you negotiate hard, $6700-$7000. If you get lucky and find a unicorn $6k
So I had success last year in Long Beach with Kia (it was a total lark, son had a baseball tournament down there). I was able to get 11K off an EV6 and 0.9% APR and nobody in the bay area would even come close to that. I have this theory that you want to negotiate with the bigger higher volume dealers near the end of the month rather than the smaller ones. Seems counter-intuitive, but I think what's happening is there's a lot of bonus money and allocations tied to hitting numbers so you can get lucky if you're patient/willing to travel and they've gotta move that last vehicle.
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Proculus
04-25-2024 at 11:57 PM.
04-25-2024 at 11:57 PM.
Took the advice of the guy that said to email a bunch of dealers and I drove a 2024 SEL RWD home today for $500 down and $450 a month for 24 months. First time ever leasing a car and the experience was a bit stressful but the sales associate really worked with me and at least for now I am very happy. Shout out to slickdeals forum for making dreams come true. 🥺😂👌
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RussellJohnson
04-26-2024 at 01:09 AM.
04-26-2024 at 01:09 AM.
Quote from Proculus :
Took the advice of the guy that said to email a bunch of dealers and I drove a 2024 SEL RWD home today for $500 down and $450 a month for 24 months. First time ever leasing a car and the experience was a bit stressful but the sales associate really worked with me and at least for now I am very happy. Shout out to slickdeals forum for making dreams come true. 🥺😂👌
$500 down and $450/month; that's $11,300. Must be a troll.
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LivelyHarrier2585
04-26-2024 at 06:12 AM.
04-26-2024 at 06:12 AM.
I'm noticing a trend of car ads coming on slick deals.
I see a staff member shared this "deal"
I believe dealerships are paying this website to post car ads.
I fell for it once, but once you're in the dealership, it's a different number.
NO MORE CAR ADS ON SLICKDEAL!
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superdan54
04-26-2024 at 06:13 AM.
04-26-2024 at 06:13 AM.
Quote from soobaerodude :
The national offers do not include taxes and fees. The Colorado offers in the OP are taxes and fees inclusive

From the OP: "Excludes registration, tax, title and license."

Am I missing something?
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MtnXfreeride
04-26-2024 at 06:38 AM.
04-26-2024 at 06:38 AM.
Quote from JoshW9137 :
In NH they charge an extra $100 registration fee (annually) for BEV and $50 for PHEV to help offset the lost gas tax revenue. This is on top of the yearly excise tax (they don't call it an excise tax like they did in MA but it is). Cost us ~$850/yr for our 2023 Polestar and ~$330/yr for our 2018 XC90.
my excise tax when I go in is going to be over 1000 I think Frown not fair we have to pay value based on MSRP when 9500 is discounted in EV rebates and $5000 by the dealership (Solterra in my case).
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g8trb8
04-26-2024 at 06:57 AM.
04-26-2024 at 06:57 AM.
Quote from CTRFK8 :
which dealer,
how you get less than 199.99 a month?
Do they charge a Dealer handling fee on a lease deal. I know they do on a purchase

Schomp Hyundai. No handling fee but there was a $650 acquisition fee which I believe Hyundai corporate charges on all leases. You can see the breakdown of everything in the OP. The "official" deal is $225 down and $225 a month plus taxes and fees which comes out to around $10,500 all-in. I contacted several dealers and got them to go lower. I did all negotiating over text and email so once we agreed on a number I just went in and signed. I would never go in without a firm number agreed. It's much harder to negotiate when you are already there.
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g8trb8
04-26-2024 at 07:00 AM.
04-26-2024 at 07:00 AM.
Quote from superdan54 :
From the OP: "Excludes registration, tax, title and license."

Am I missing something?

The advertised deal excludes taxes and fees but dealers will go lower if you negotiate. After negotiating, I got it down to $6k all-in.
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Sahil99
04-26-2024 at 07:00 AM.
04-26-2024 at 07:00 AM.
I don't know why is not expired probably a paid deal, no benefits to anyone useless discussion not about deal but everything else
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whlee
04-26-2024 at 07:47 AM.
04-26-2024 at 07:47 AM.
Quote from g8trb8 :
The advertised deal excludes taxes and fees but dealers will go lower if you negotiate. After negotiating, I got it down to $6k all-in.
Do you mean one payment?
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pur | Staff
04-26-2024 at 08:50 AM.
04-26-2024 at 08:50 AM.
Quote from LivelyHarrier2585 :
I'm noticing a trend of car ads coming on slick deals.
I see a staff member shared this "deal"
I believe dealerships are paying this website to post car ads.
I fell for it once, but once you're in the dealership, it's a different number.
NO MORE CAR ADS ON SLICKDEAL!
This deal was shared by members g8trb8 and golemchamp before a Deal Editor formatted it for the front page. Unfortunately anything you have to find in person can be YMMV, this one got a lot of positive votes, but I'd agree that people should be able to filter out the types of deals they aren't interested in. Thanks for the feedback. Smilie
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Proculus
04-26-2024 at 09:14 AM.
04-26-2024 at 09:14 AM.
Quote from RussellJohnson :
$500 down and $450/month; that's $11,300. Must be a troll.

Troll because I live in SoCal and don't get the Colorado credit? $500 includes first month payment so it's less than $11k all in, the same as the official deal, but I negotiated for a model with 2k+ more in options. It's not the 6k all in that one guy got, but go take your broke ass to the dealership and try to replicate that deal and then come back to me.
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