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Edited April 21, 2024
at 08:01 AM
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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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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 $2k in options. It also includes 2 free years of charging on the Electrify America network.
The Hyundai website says the offer ends April 30, but I'm guessing they will extend it.
https://www.hyundaiusa.
6000$ / 24 = 250$... the 2 years of free charging from EA network pretty cool
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$6k all-in is insane!!
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In most states you're required to pay taxes on the down payment and amount of the lease payments. It's often included in the lease offer though.