2023 Hyundai IONIQ5 Lease Deals and Purchase Prices

Michaell

Ask your 2023 IONIQ5 lease and purchase questions here! Get information on money factors, residuals, incentives, deals, payments and prices. Post information on prices paid and discounts for purchases.

When making a request for lease information, please include the following information for the quickest response - body style, cab style (for trucks), trim level, RWD/FWD/AWD/4x2/4x4 (as appropriate), lease term, mileage allowance and your location.

Cbrf23

Looking for RV and MF for AWD SEL 36/10K IN 44133.

36/10

36/7.5

Thanks

kyfdx

Cbrf23 said:

Looking for RV and MF for AWD SEL 36/10K IN 44133.

36/10

36/7.5

Thanks

.00253 MF and 55% residual
$500 lease cash

dalema

Curious if you're seeing any lease incentive offers across the Hyundai or Kia line up?

Was just reading that the finance companies still qualify for the $7,500 federal credit even though the vehicles are not built in the US - so was interested to see if any of the manufacturers had started to pass that along yet?

I'm in 95124 - looking at the Hyundai Ioniq5/6 and Kia EV6 mainly but open to others. Thanks.

kyfdx

dalema said:

Curious if you're seeing any lease incentive offers across the Hyundai or Kia line up?

Was just reading that the finance companies still qualify for the $7,500 federal credit even though the vehicles are not built in the US - so was interested to see if any of the manufacturers had started to pass that along yet?

I'm in 95124 - looking at the Hyundai Ioniq5/6 and Kia EV6 mainly but open to others. Thanks.

$2100-$2700 in lease cash on the EV6. Nothing on the Hyundais

furiouschads

Please provide February 2023 HMF lease and finance information for Ioniq 5 SEL RWD in zip 20782.
36 months, 12,000 miles

Finance low APR

Lease Residual value and MF.

Cap cost reduction, rebate, dealer cash, manufacturer cash.

The $7,500 tax credit is available to HMF. They were not passing it through in January, unlike what VW Credit was doing for ID.4s made in Germany.

kyfdx

furiouschads said:

Please provide February 2023 HMF lease and finance information for Ioniq 5 SEL RWD in zip 20782.
36 months, 12,000 miles

Finance low APR

Lease Residual value and MF.

Cap cost reduction, rebate, dealer cash, manufacturer cash.

The $7,500 tax credit is available to HMF. They were not passing it through in January, unlike what VW Credit was doing for ID.4s made in Germany.

.00252 MF and 55% residual
$2750 lease cash

We don't show the $7500 for HMF lease

furiouschads

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

Michaell

furiouschads said:

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

6.29% APR up to 72 months

No finance incentives, but you might qualify for the $7500 tax credit on next years taxes.

furiouschads

Thank you. Since this car is not assembled in North America it has not been eligible for the tax credit if purchased by a consumer starting 8/16/22 when the IRA was passed. Under IRS 45w, the credit is still applicable to leases. IRS clarified this difference on 12/29/22.

Michaell

furiouschads said:

Thank you. Since this car is not assembled in North America it has not been eligible for the tax credit if purchased by a consumer starting 8/16/22 when the IRA was passed. Under IRS 45w, the credit is still applicable to leases. IRS clarified this difference on 12/29/22.

But, I understand that negotiations between the manufacturers and the Department of the Treasury are ongoing, and that new guidance is expected in March.

IOW - who knows?

furiouschads

Agreed. Is that 6.29% the lowest rate? In January I saw 3 HMF tiers and the lowest (best credit rating) was 5.25%.

kyfdx

furiouschads said:

Agreed. Is that 6.29% the lowest rate? In January I saw 3 HMF tiers and the lowest (best credit rating) was 5.25%.

Yes, 6.29% is the best, according to our info

lll0228

Michaell said:

furiouschads said:

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

6.29% APR up to 72 months

No finance incentives, but you might qualify for the $7500 tax credit on next years taxes.

The tax credit, based on the interpretation, is available to the Lessor (dealership), not to the consumer. So if a dealership would honor that, you can ask for a reduced cost of the vehicle in a lease.

Michaell

lll0228 said:

Michaell said:

furiouschads said:

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

6.29% APR up to 72 months

No finance incentives, but you might qualify for the $7500 tax credit on next years taxes.

The tax credit, based on the interpretation, is available to the Lessor (dealership), not to the consumer. So if a dealership would honor that, you can ask for a reduced cost of the vehicle in a lease.

That may be true, but the question was about financing, not leasing.

kyfdx

lll0228 said:

Michaell said:

furiouschads said:

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

6.29% APR up to 72 months

No finance incentives, but you might qualify for the $7500 tax credit on next years taxes.

The tax credit, based on the interpretation, is available to the Lessor (dealership), not to the consumer. So if a dealership would honor that, you can ask for a reduced cost of the vehicle in a lease.

The dealership is not the lessor. The bank is the lessor. So, the dealer has nothing to do with it.

lll0228

Has anyone been able to get a dealership to acknowledge the tax credit for leases for an Ioniq 5?

Michaell

lll0228 said:

Has anyone been able to get a dealership to acknowledge the tax credit for leases for an Ioniq 5?

Does it qualify under current IRS guidelines? It was my understanding that it didn't, due to country of manufacture.

lll0228

Michaell said:

lll0228 said:

Has anyone been able to get a dealership to acknowledge the tax credit for leases for an Ioniq 5?

Does it qualify under current IRS guidelines? It was my understanding that it didn't, due to country of manufacture.

It does not qualify for purchases, but it qualifies for Leases per IRS guidance under the "Qualified Commercial Clean Vehicles Credit" section. See that section's Q5. The lessor, gets the tax credit and can pass it on to consumer via a reduction in capitalized cost.

KBB covered it as well. In fact, quite a few publications have covered this provision and IRS's clarification guidance.

lll0228

kyfdx said:

lll0228 said:

Michaell said:

furiouschads said:

Thank you. Can you provide the finance rates and cashback for 36, 48, and 60 months?

6.29% APR up to 72 months

No finance incentives, but you might qualify for the $7500 tax credit on next years taxes.

The tax credit, based on the interpretation, is available to the Lessor (dealership), not to the consumer. So if a dealership would honor that, you can ask for a reduced cost of the vehicle in a lease.

The dealership is not the lessor. The bank is the lessor. So, the dealer has nothing to do with it.

I stand corrected. Then the bank would get the tax credit.

This is how Reuters covered it.

Michaell

lll0228 said:

Michaell said:

lll0228 said:

Has anyone been able to get a dealership to acknowledge the tax credit for leases for an Ioniq 5?

Does it qualify under current IRS guidelines? It was my understanding that it didn't, due to country of manufacture.

It does not qualify for purchases, but it qualifies for Leases per IRS guidance under the "Qualified Commercial Clean Vehicles Credit" section. See that section's Q5. The lessor, gets the tax credit and can pass it on to consumer via a reduction in capitalized cost.

KBB covered it as well. In fact, quite a few publications have covered this provision and IRS's clarification guidance.

And, Hyundai Motor Finance is choosing not to do that.

lll0228

Michaell said:

And, Hyundai Motor Finance is choosing not to do that.

Nope. After I sent a message to Hyundai Corporate, they agreed and added a $7,500 "Rebate" to all EVs (Kona and Ioniq) Lease deals. See here.

https://www.hyundaiusa.com/us/en/offers?models=KONA Electric,IONIQ 5&years=current,previous

Michaell

lll0228 said:

Michaell said:

And, Hyundai Motor Finance is choosing not to do that.

Nope. After I sent a message to Hyundai Corporate, they agreed and added a $7,500 "Rebate" to all EVs (Kona and Ioniq) Lease deals. See here.

https://www.hyundaiusa.com/us/en/offers?models=KONA Electric,IONIQ 5&years=current,previous

Interesting. Thanks for the information.

furiouschads

Please provide February 2023 HMF lease and finance information for Ioniq 5 SEL RWD in zip 20782.
36 months, 12,000 miles

Finance low APR

Lease Residual value and MF.

Cap cost reduction, rebate, dealer cash, manufacturer cash.

Michaell

furiouschads said:

Please provide February 2023 HMF lease and finance information for Ioniq 5 SEL RWD in zip 20782.
36 months, 12,000 miles

Finance low APR

Lease Residual value and MF.

Cap cost reduction, rebate, dealer cash, manufacturer cash.

.00321 MF and 50% RV
$7500 lease cash

4.90% APR 60 months
5.90% APR 72 months

lll0228

Michaell said:

Interesting. Thanks for the information.

You are welcome. Did they change the MF for this latest lease deal? Or is it still 0.00252? Thanks!

Michaell

lll0228 said:

Michaell said:

Interesting. Thanks for the information.

You are welcome. Did they change the MF for this latest lease deal? Or is it still 0.00252? Thanks!

Look up one post. The MF has been bumped up to accommodate the lease credit.

lll0228

Michaell said:

lll0228 said:

Michaell said:

Interesting. Thanks for the information.

You are welcome. Did they change the MF for this latest lease deal? Or is it still 0.00252? Thanks!

Look up one post. The MF has been bumped up to accommodate the lease credit.

Thanks. Didn't refresh before posting, apologies. That's absurd that they did that. It's free money for them.

Michaell

lll0228 said:

Michaell said:

lll0228 said:

Michaell said:

Interesting. Thanks for the information.

You are welcome. Did they change the MF for this latest lease deal? Or is it still 0.00252? Thanks!

Look up one post. The MF has been bumped up to accommodate the lease credit.

Thanks. Didn't refresh before posting, apologies. That's absurd that they did that. It's free money for them.

Everybody has their hand out - the dealer and the bank. I'm not the least bit surprised.

boyafraid

looking for MF, RV, incentives on
AWD SEL and Limited
36 or 39 months, 12,000 miles
91602 zip code

please and thank you!

kyfdx

boyafraid said:

looking for MF, RV, incentives on

AWD SEL and Limited

36 or 39 months, 12,000 miles

91602 zip code

please and thank you!

LTD
.00321 MF and 49% residual
.00321 MF and 47% residual
SEL
.00321 MF and 49% residual
.00303 MF and 47% residual

$7500 lease cash

ckat112

Hi! looking for MF RV Incentives on 2023 SE FWD, Zip 20906, 24/10 and 36/10 TY!!

Michaell

ckat112 said:

Hi! looking for MF RV Incentives on 2023 SE FWD, Zip 20906, 24/10 and 36/10 TY!!

The Ioniq5 is RWD or AWD only - which would you like?

ckat112

Michaell said:

ckat112 said:

Hi! looking for MF RV Incentives on 2023 SE FWD, Zip 20906, 24/10 and 36/10 TY!!

The Ioniq5 is RWD or AWD only - which would you like?

RWD please!

Michaell

ckat112 said:

Michaell said:

ckat112 said:

Hi! looking for MF RV Incentives on 2023 SE FWD, Zip 20906, 24/10 and 36/10 TY!!

The Ioniq5 is RWD or AWD only - which would you like?

RWD please!

.00321 and 66%
.00321 and 51%
$7500 lease cash

mopey39

Looking for RV, incentives, and MF for AWD SEL 36/10K IN 22203

Thank you!

kyfdx

mopey39 said:

Looking for RV, incentives, and MF for AWD SEL 36/10K IN 22203

Thank you!

.00321 MF and 50% residual

$7500 lease cash

piggmund

Hello, I'd like the lease numbers and incentives for a 2023 Limited AWD in 80831.
36/10
Thanks!
Jeff

Michaell

piggmund said:

Hello, I'd like the lease numbers and incentives for a 2023 Limited AWD in 80831.
36/10
Thanks!
Jeff

.00321 and 50%
$7500 lease cash

WGB2023

looking for RV and MF for 2023 Ioniq-5 Ltd in 92373 area code

kyfdx

WGB2023 said:

looking for RV and MF for 2023 Ioniq-5 Ltd in 92373 area code

RWD or AWD?
What term and mileage allowance?

robenku

Hi, could I please get the rv and mf for an AWD SEL in 97217 for 36/10 and 39/10. Thank you very much!

Michaell

robenku said:

Hi, could I please get the rv and mf for an AWD SEL in 97217 for 36/10 and 39/10. Thank you very much!

.00321 and 50%
.00303 and 48%
$7500 lease cash

robenku

@Michaell said:
.00321 and 50%
.00303 and 48%
$7500 lease cash

Thank you!

JMYall

Hello, can I please get RV, MF and any incentives:
2023 IONIQ 5 Limited AWD
24/10
36/10
Zip Code: 84070

Thank you!

kyfdx

JMYall said:

Hello, can I please get RV, MF and any incentives:
2023 IONIQ 5 Limited AWD
24/10
36/10
Zip Code: 84070

Thank you!

.00321 MF
$7500 lease cash

64%
50% residual

v8nmotion79

Hi IONIQ5 SEL AWD / 10K MILES
MF/RV ZIP 98155
Thank you

Michaell

v8nmotion79 said:

Hi IONIQ5 SEL AWD / 10K MILES
MF/RV ZIP 98155
Thank you

36/10
.00321 and 50%
$7500 lease cash

cawagto

can I please have the MF and RV for Ioniq 5 SEL RWD for both 24/12 and 36/12 base on zip of 92886? thanks.

Michaell

cawagto said:

can I please have the MF and RV for Ioniq 5 SEL RWD for both 24/12 and 36/12 base on zip of 92886? thanks.

.00321 MF
65%, 50% RV
$7500 lease cash

mycarsrule

Hi there. Could you provide:
IONIQ5 SEL AWD @ 10K MILES 39 MONTHS
MF/RV ZIP 07866
Thank you