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24-Month Lease on 2024 IONIQ 6 SE RWD Electric Vehicle

$1999 down + $189 per month
+148 Deal Score
377,845 Views
Hyundai is offering a 24-Month Lease on 2024 IONIQ 6 SE RWD Electric Vehicle for $1999 down + $189/month. This offer is limited to select locations/dealerships only.

Thanks to Community Member RogueAlchemist for posting this deal.

Note: $1999 due at lease signing includes $189 first payment and $1,810 capitalized cost reduction. Colorado residents may be eligible for up to $5,350 Colorado tax credit.

Editor's Notes & Price Research

Written by
  • Offer ends on June 3, 2024, while supplies last.
  • 2024 IONIQ 6 is available in limited quantities and at select dealers in select states only. Contact your Hyundai dealer for availability details.
  • Lease a 2024 IONIQ 6 SE AUTOMATIC TRANSMISSION RWD (A0412REZ) for $189 per month for 24 months with $1,999 due at lease signing. Excludes registration, tax, title and license.
  • Offer available to well-qualified lessees approved by Hyundai Motor Finance. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
  • Offer shown based on $1,999 due at lease signing (includes $189 first payment and $1,810 capitalized cost reduction). No security deposit required. MSRP $43,600 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like). Includes application of $7,500 EV Lease Bonus resulting in a net capitalized cost of of $32,440. Net capitalized cost includes $650 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $4,536. Option to purchase at lease end $31,828. 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. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, and WY, where disposition fee is subject to state law limitations. CO, IA, KS, ME, OK, WV, and WY: The amount of 2 times the base monthly lease payment or $400, whichever is less. IN and SC: The amount of 3 times the base monthly lease payment or $400, whichever is less. WI: The amount of the base monthly lease payment or $400, whichever is less. Must take new retail delivery on vehicle from dealer stock by 6/3/2024. Special Retail Balloon offer also available in the states of AL, AR, LA, MS, NM, OK, TN, TX. See your local Hyundai dealer for details.
  • 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 6/3/2024. Please see your Hyundai dealer Retailer for full offer details.
  • Colorado residents and businesses who are eligible for Colorado's Innovative Motor Vehicle Tax Credit may assign their $5,600 state tax credit to Hyundai Motor Finance in exchange for a credit of $5,350 ($5,600 state tax credit less a $250 processing fee) when purchasing or leasing a new 2024 KONA EV, 2024 Tucson Plug-in Hybrid, 2023 Santa Fe Plug-in Hybrid, 2024 IONIQ 5 or 2024 IONIQ 6 from retail stock at a participating Colorado dealer. Vehicle must be leased or financed through Hyundai Motor Finance and titled and registered in Colorado. Lease term must be at least 24 months. Customer must complete and sign an election statement (Form DR 0618) at the time of purchase or lease. 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. This information does not constitute tax, financial or legal advice. Please consult your tax, financial or legal professional to determine eligibility, amount of tax credit available, if any, and further details. Offer subject to vehicle availability at participating Colorado dealers. Must take delivery from new dealer stock and execute lease or purchase contract by 6/3/2024. See participating Colorado Hyundai dealer for details and vehicle inventory availability. Offer ends 6/3/2024.
  • 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.
Good Deal?

Original Post

Written by
Edited May 16, 2024 at 02:12 PM by
Hyundai is using the loophole in the EV incentive to apply the $7500 federal rebate towards the lease of their EVs.

Making it the cheapest EV Lease at the moment with a total lease cost of $6535 before taxes over the term.
  • $1999 due at signing
  • $189/mo
  • 24 month term
  • 10,000 mile package
So, to be clear there are income restrictions:
  • The federal EV tax credit will be available to individuals reporting adjusted gross incomes of $150,000 or less, $225,000 for heads of households, or $300,000 for joint filers
Vehicle Specs:
  • RWD: Estimated 361-mile All-Electric Range⁠
  • RWD: 168 kW (225 hp)⁠
  • Ultra-fast charging⁠ (Up to 350kw - 800volt)
  • 18-inch alloy wheels⁠
  • 12.3-inch touchscreen display with navigation⁠
  • 12.3-inch digital instrument cluster
  • Active grille shutters


https://www.hyundaiusa.com/us/en/...Type=Lease
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Created 05-16-2024 at 10:41 AM by RogueAlchemist
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$1999 down + $189 per month

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Featured Comments

No, there are not.

The income restrictions only apply to purchases-- this car does not qualify for the credit inherently for purchase- only for lease.

And income restrictions don't apply to leases.


You can, of course, potentially buy out the lease afterward- but income being over the limits you listed isn't relevant to this deal at all.




Depends what you mean by charging station and how much/how fast you need range added.


A normal plug-into-the-wall charger, pluged into a normal 120v wall socket, will add 2-4 miles of range per hour back to the car.... this is enough for how much the average american drives in a day for the amount of time the car would on average be at home charging like this.... but may not be enough for your speciifc situation.

If you want significantly faster you'd need to either:

Plug a wall charger into a 240V socket-- which MAY require an electrician if you have no such socket and can't DIY.... or you might already have one for say an electric dryer, that is near enough to the car to share them for this purpose.... This will typically get you 15-30 miles per hour added back on depending on the specific charger and car.

OR

Permanently mount an EV wall charger- which would definitely require an electrician if you're needing to ask the question- and sounds like not what you want anyway given the try-it-out thing.
If you ask them to install a 14-50 receptacle for a dryer, it would probably be cheaper than asking them to install it for an EV.
I've had the standard range version of this car since August and have nothing but good things to say about it. It's so much cheaper than my old gas car and it's so nice to have a "full tank of gas" every morning.

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Joined Jan 2005
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> bubble2 4,644 Posts
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SonofZeus
05-16-2024 at 11:06 AM.
05-16-2024 at 11:06 AM.
10k miles per year?
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ryandb0
05-16-2024 at 11:11 AM.

Our community has rated this post as helpful. If you agree, why not thank ryandb0

05-16-2024 at 11:11 AM.
I've had the standard range version of this car since August and have nothing but good things to say about it. It's so much cheaper than my old gas car and it's so nice to have a "full tank of gas" every morning.
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Fazerin
05-16-2024 at 11:55 AM.
05-16-2024 at 11:55 AM.
The rear of the car looks like the back of the 90's Saab

Any else think of Jerry Seinfeld?
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Joined Sep 2018
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Yong-TomL
05-16-2024 at 12:16 PM.
05-16-2024 at 12:16 PM.
Great deal if you can find one in your local dealership. Nothing around NYC area.
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Joined Dec 2007
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iahawks550
05-16-2024 at 12:16 PM.
05-16-2024 at 12:16 PM.
Does one need to hire an electrician to install a charging station at their home? I'd like to try an EV without having to totally commit to buying one.
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Joined Sep 2009
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> bubble2 15,154 Posts
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Knightshade
05-16-2024 at 12:34 PM.

Our community has rated this post as helpful. If you agree, why not thank Knightshade

05-16-2024 at 12:34 PM.
Quote from RogueAlchemist :
Hyundai is using the loophole in the EV incentive to apply the $7500 federal rebate towards the lease of their EVs.

....
So, to be clear there are income restrictions:
No, there are not.

The income restrictions only apply to purchases-- this car does not qualify for the credit inherently for purchase- only for lease.

And income restrictions don't apply to leases.


You can, of course, potentially buy out the lease afterward- but income being over the limits you listed isn't relevant to this deal at all.


Quote from iahawks550 :
Does one need to hire an electrician to install a charging station at their home? I'd like to try an EV without having to totally commit to buying one.
Depends what you mean by charging station and how much/how fast you need range added.


A normal plug-into-the-wall charger, pluged into a normal 120v wall socket, will add 2-4 miles of range per hour back to the car.... this is enough for how much the average american drives in a day for the amount of time the car would on average be at home charging like this.... but may not be enough for your speciifc situation.

If you want significantly faster you'd need to either:

Plug a wall charger into a 240V socket-- which MAY require an electrician if you have no such socket and can't DIY.... or you might already have one for say an electric dryer, that is near enough to the car to share them for this purpose.... This will typically get you 15-30 miles per hour added back on depending on the specific charger and car.

OR

Permanently mount an EV wall charger- which would definitely require an electrician if you're needing to ask the question- and sounds like not what you want anyway given the try-it-out thing.
85
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> bubble2 1,723 Posts
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ti97
05-16-2024 at 12:36 PM.
05-16-2024 at 12:36 PM.
Why would there be income restrictions? This is a lease not a sale. Businesses don't have income restriction of individual buyers.
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ti97
05-16-2024 at 12:38 PM.

Our community has rated this post as helpful. If you agree, why not thank ti97

05-16-2024 at 12:38 PM.
Quote from iahawks550 :
Does one need to hire an electrician to install a charging station at their home? I'd like to try an EV without having to totally commit to buying one.

If you ask them to install a 14-50 receptacle for a dryer, it would probably be cheaper than asking them to install it for an EV.
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gt4som
05-16-2024 at 12:39 PM.
05-16-2024 at 12:39 PM.
Honestly this is tempting. Now how do I talk my wife into trading her Jeep for one of these LOL.
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gjsneptune
05-16-2024 at 01:01 PM.
05-16-2024 at 01:01 PM.
FYI, the SEL is also $1,999 down for another $100/mo. You lose some range, but it's still more than the standard range.
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Joined Dec 2006
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caspersdeals
05-16-2024 at 01:08 PM.
05-16-2024 at 01:08 PM.
Waiting for the China EV's to be released only 10-15k to buy.
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ƐƐoloʌɐᴉp
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diavolo33
05-16-2024 at 01:11 PM.
05-16-2024 at 01:11 PM.
In before this turns into another 500 page thread of political bickering and personal attacks.
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