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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

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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
340 Posts
50 Reputation
Located in WI, and it was $3,499 due at signing Frown
Gameross
6282 Posts
963 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
208 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 29, 2024 03:16 PM
34 Posts
Joined Apr 2023
TenseShape410Apr 29, 2024 03:16 PM
34 Posts
This is cheap because it's very cheap feeling car. It felt cheaper than my girlfriend's Hyundai Santa Fe SEL at half the MSRP. The screens look gimmicky and have huge bezels that make it look terrible. Although at $225/mo and gas savings, it's almost free.
Apr 29, 2024 04:15 PM
683 Posts
Joined Jun 2011
zcsrsApr 29, 2024 04:15 PM
683 Posts
battery protection cover was scratched, the owner was told the battery needed to be replace for more than he paid for the car brand new. Over $60,000

https://www.youtube.com/watch?v=dr3mFzh0KSk

$60,000 to replace battery. The battery costs more than a brand new car!
Original Poster
Apr 29, 2024 04:50 PM
208 Posts
Joined May 2017
g8trb8
Original Poster
Apr 29, 2024 04:50 PM
208 Posts
Quote from zcsrs :
battery protection cover was scratched, the owner was told the battery needed to be replace for more than he paid for the car brand new. Over $60,000

https://www.youtube.com/watch?v=dr3mFzh0KSk

$60,000 to replace battery. The battery costs more than a brand new car!
Sounds like another argument in favor of leasing an EV over buying
Apr 29, 2024 06:57 PM
30 Posts
Joined Nov 2016
cameraguy916Apr 29, 2024 06:57 PM
30 Posts
Those of us on leasehackr who have been working on this deal for awhile were wondering why the dealers got cold this week, then this thread was found. No wonder dealers started retracting low deals - they have hundreds of slickdealers calling them! haha.

Last month, the SEL could be had for $5999 one pay in California. The incentives and residual and money factor has not changed - only dealer willingness to discount has changed, which is a result of perceived demand.

There is a lot of inventory in route to dealers, so those of us looking for the best deals will wait it out a month or two until this wave of perceived demand wanes, and the good deals return.
Apr 29, 2024 08:30 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 08:30 PM
10,616 Posts
Picked up my car today limited version 7k down no payments for 24 months free charging and fully loaded with accessories. Got a killer deal on a trade
2
Apr 29, 2024 08:31 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 08:31 PM
10,616 Posts
Quote from whlee :
The deal is $225/m + $225 down for the base model with no options (MSRP ~$49k). That is already $5,626. With 9% tax, that is $6,131 even without any fees. But dealers have ~$53k models, so I would say it is a good deal if under $7k all combined for $0-1,000 down and under $6k for one payment.
Got me a limited
2
Apr 29, 2024 08:36 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 08:36 PM
10,616 Posts
Quote from jhalawar :
Why they don't disclose dealer information? Tax component alone in Colorado Springs is 1665.. this deal seems not real
Go to Phil long over by Chapel Hills Emilio can get you into a limited. Tell him the guy who just bought a cyber gray with gray interior.
Limited is a better version for the money anyway. It's worth the extra 3k
They have one for 7349
It's got 39 miles on it
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Apr 29, 2024 08:36 PM
5,859 Posts
Joined Sep 2008
uknowsanaApr 29, 2024 08:36 PM
5,859 Posts
Quote from CTRFK8 :
Picked up my car today limited version 7k down no payments for 24 months free charging and fully loaded with accessories. Got a killer deal on a trade
So, you would have to return after 2 years? What would be your OOD purchase price if you wanna proceed then?
Apr 29, 2024 08:44 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 08:44 PM
10,616 Posts
Quote from uknowsana :
So, you would have to return after 2 years? What would be your OOD purchase price if you wanna proceed then?
its around 35k , i am not keeping it as the 2025-2026 will be significantly improved with a larger pack

I will be driving this beast on sport mode 90% of the time , i also live 5 miles away from a 350kw charger and will be free.
The hud is awsome , the ambient lighting, and pleather is amazing. 7k all in,is worth it over the SEL

coming from a civic type r with 20" rims, traded back in 2021 , the limited 20" rims are planted better for handling

all the SELs are pretty much sold out. If you live in colorado go to phil long
2
Apr 29, 2024 08:46 PM
5,859 Posts
Joined Sep 2008
uknowsanaApr 29, 2024 08:46 PM
5,859 Posts
Quote from CTRFK8 :
its around 35k , i am not keeping it as the 2025-2026 will be significantly improved with a larger pack

I will be driving this beast on sport mode 90% of the time , i also live 5 miles away from a 350kw charger and will be free.
The hud is awsome , the ambient lighting, and pleather is amazing. 7k all in,is worth it over the SEL

coming from a civic type r with 20" rims, traded back in 2021 , the limited 20" rims are planted better for handling

all the SELs are pretty much sold out. If you live in colorado go to phil long
I am in Park Ridge, IL MadMadMad
Was hoping to get Toyota BZ4X b/c of Hyundai/Kia theft thingy (and increased premiums) but my Toyota Dealer is saying they can do a factory order and it would arrived in 6-9months. No idea if I should bite the bullet!
Apr 29, 2024 08:49 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 08:49 PM
10,616 Posts
Quote from uknowsana :
I am in Park Ridge, IL MadMadMad
Was hoping to get Toyota BZ4X b/c of Hyundai/Kia theft thingy (and increased premiums) but my Toyota Dealer is saying they can do a factory order and it would arrived in 6-9months. No idea if I should bite the bullet!
there is no good car out there now, compared to the model y

maybe in 2 years when prices come down more

model y needs to be updated like the model 3 . Hyundai taking care of federal and state with a 2k discount , along with 2 years free charging , is a great deal.

I will be using up ever mile 24k in two years traveling. We have another car for work commutes
1
Apr 29, 2024 08:52 PM
5,859 Posts
Joined Sep 2008
uknowsanaApr 29, 2024 08:52 PM
5,859 Posts
Quote from CTRFK8 :
there is no good car out there now, compared to the model y

maybe in 2 years when prices come down more

model y needs to be updated like the model 3 . Hyundai taking care of federal and state with a 2k discount , along with 2 years free charging , is a great deal.

I will be using up ever mile 24k in two years traveling. We have another car for work commutes
Travelling on electric car is a bit riskier I would say unless you know exactly you are fully covered along the route (and in safe neighborhood) which may not be true for majority of the travel routes.
1
Apr 29, 2024 09:01 PM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 29, 2024 09:01 PM
10,616 Posts
Quote from uknowsana :
Travelling on electric car is a bit riskier I would say unless you know exactly you are fully covered along the route (and in safe neighborhood) which may not be true for majority of the travel routes.
Free charging most charge point locations
3
Apr 30, 2024 12:20 AM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 30, 2024 12:20 AM
10,616 Posts
If anyone needs my contract numbers let me know lol
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Apr 30, 2024 03:15 AM
10,616 Posts
Joined Nov 2006
CTRFK8Apr 30, 2024 03:15 AM
10,616 Posts
Quote from uknowsana :
Travelling on electric car is a bit riskier I would say unless you know exactly you are fully covered along the route (and in safe neighborhood) which may not be true for majority of the travel routes.
95% of the time you are driving within the city and going home.
Yes you should always plan your routes. I am ok with this , especially destroying most cars off the line with 0 rpm 500ft lb tq along with free charging.

People are reporting 300 miles of range if you know how to use regen and coast.
2

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