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

$225 down + $225 per month
& More
+199 Deal Score
480,068 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
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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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$225 down + $225 per month
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Last Edited by infin8007 April 25, 2024 at 04:40 AM
THanks op

804 Comments

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Located in WI, and it was $3,499 due at signing Frown
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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."
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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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jonnrd
05-07-2024 at 12:37 PM.
05-07-2024 at 12:37 PM.
Quote from CTRFK8 :
got a limited for 7149 no payments
Is that including tax and fees? I've just come out of Schomp Hyundai and they gave me wildly different prices. $7k for the SEL model.
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CTRFK8
05-07-2024 at 01:10 PM.
05-07-2024 at 01:10 PM.
Quote from jonnrd :
Is that including tax and fees? I've just come out of Schomp Hyundai and they gave me wildly different prices. $7k for the SEL model.

Limited 7139 down depending on paint and accessories
Its all in lease . You need to drop 7k no payments 24months
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CTRFK8
05-07-2024 at 01:11 PM.
05-07-2024 at 01:11 PM.
Quote from jonnrd :
Is that including tax and fees? I've just come out of Schomp Hyundai and they gave me wildly different prices. $7k for the SEL model.

I still got my proposal
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jonnrd
05-07-2024 at 01:36 PM.
05-07-2024 at 01:36 PM.
Quote from CTRFK8 :
Limited 7139 down depending on paint and accessories
Its all in lease . You need to drop 7k no payments 24months
I'll give them another call and see how it goes Smilie I sent you a DM but if you're comfortable sharing your proposal that'd help me out heaps!
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> bubble2 594 Posts
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zcsrs
05-07-2024 at 04:24 PM.
05-07-2024 at 04:24 PM.
Quote from deathbyfire :
You should take it. The risk of one-pay in general is if you total your car but Hyundai offers gap insurance, you'll get the difference back. $5.7k is a really good deal and I only beat that for my deal by a few hundred. You won't regret spending lesser money now and have more to spend later for another lease in two years.
Thank you for letting me know the "gap insurance" that I've never heard of. My Progressive insurance offers Lease Payoff, seems like the same thing?
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CTRFK8
05-07-2024 at 05:15 PM.
05-07-2024 at 05:15 PM.
not here anymore
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Last edited by CTRFK8 May 7, 2024 at 11:16 PM.
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> bubble2 157 Posts
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deathbyfire
05-07-2024 at 07:21 PM.
05-07-2024 at 07:21 PM.
Quote from zcsrs :
Thank you for letting me know the "gap insurance" that I've never heard of. My Progressive insurance offers Lease Payoff, seems like the same thing?
It's similar, but the Progressive one is probably up to some amount, like 25%. You would want real Gap Insurance coverage for the whole value of the lease if you were leasing a car and paying everything upfront, which as stated before, Hyundai includes in all of their lease contracts so don't have to worry.
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tooslick09
05-07-2024 at 07:30 PM.
05-07-2024 at 07:30 PM.
did any one from Southern California get a lease for limited? what is the best price you were able to negotiate for?
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CTRFK8
05-07-2024 at 08:47 PM.
05-07-2024 at 08:47 PM.
Phil long i have contacts
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Last edited by CTRFK8 May 7, 2024 at 11:17 PM.
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zcsrs
05-08-2024 at 09:07 AM.
05-08-2024 at 09:07 AM.
Quote from deathbyfire :
It's similar, but the Progressive one is probably up to some amount, like 25%. You would want real Gap Insurance coverage for the whole value of the lease if you were leasing a car and paying everything upfront, which as stated before, Hyundai includes in all of their lease contracts so don't have to worry.
Thank you so much woot
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CTRFK8
05-08-2024 at 04:18 PM.
05-08-2024 at 04:18 PM.
who here fell for the 4-5k down for a SEL at 225 a month? lol
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Shade00
05-09-2024 at 07:09 PM.
05-09-2024 at 07:09 PM.
Who has the best one pay right now? Schomp just quoted me $9k for an SEL... Insane... Looking for under $5k. Saw an ad that Phil Long may do it?
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R3DTR1X
05-09-2024 at 08:14 PM.
05-09-2024 at 08:14 PM.
Quote from Shade00 :
Who has the best one pay right now? Schomp just quoted me $9k for an SEL... Insane... Looking for under $5k. Saw an ad that Phil Long may do it?

McDonald if you must have it…… I'd watch the reviews on the 2025 model tho
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Shade00
05-09-2024 at 08:31 PM.
05-09-2024 at 08:31 PM.
Quote from R3DTR1X :
McDonald if you must have it…… I'd watch the reviews on the 2025 model tho

Thanks, any salespeople at McDonald who actually know how to do a one pay? I'm fine with the 2024 on a 24 month lease... In 24 months we'll see what else is out there.
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Smagane1
05-10-2024 at 05:06 AM.
05-10-2024 at 05:06 AM.
Quote from boyzclub :
Not as lucky as Colorado guys.. but was about to get one for $250 a month and $1500 during sign in. 3 years 10k miles on SEL AWD model in Massachusetts.

Will try to apply for MOR-EV rebate of 3.5k.. hopefully if I get it.. this would be a great deal for me.

I've been looking around in Mass for 0 down $299 mo all in for 36 mo and 10K miles a year on a 2024 SEL AWD and $359 is best I could find so no… in my case they were applying the 3.5k mass credit as part of the lease offer
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