2023 Hyundai IONIQ5 Lease Deals and Purchase Prices

Michaell

mycarsrule said:

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

.00303 MF and 48% residual
$7500 lease cash

feartheturtle

can I please have the MF, RV and incentives for Ioniq 5 SEL AWD for both 24/12 and 36/12 on zip of 80109? Thank you.

kyfdx

feartheturtle said:

can I please have the MF, RV and incentives for Ioniq 5 SEL AWD for both 24/12 and 36/12 on zip of 80109? Thank you.

.00321 MF
63%/49% residual

$7500 lease cash

mycarsrule

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

Michaell

mycarsrule said:

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

.00321 MF and 49% residual
$7500 lease cash

dvc308

Hi there. Could you provide:
Ioniq5 SEL RWD @ 12K miles 36 months
MF/RV ZIP 92673
Thank you

kyfdx

dvc308 said:

Hi there. Could you provide:
Ioniq5 SEL RWD @ 12K miles 36 months
MF/RV ZIP 92673
Thank you

.00321 MF and 50% residual
$7500 lease cash

crani

Hi may i please have numbers on SEL RWD and Limited RWD
for 33462. 24/12 and 36/12
Thank you

Michaell

crani said:

Hi may i please have numbers on SEL RWD and Limited RWD
for 33462. 24/12 and 36/12
Thank you

.00321 MF
$7500 lease cash
65% / 50% for 24/36 and 12K

Either trim

mycarsrule

Hi there. Could you provide:
IONIQ5 SE standard range @ 10K MILES 39 MONTHS
MF/RV ZIP 11763
Thank you

Michaell

mycarsrule said:

Hi there. Could you provide:
IONIQ5 SE standard range @ 10K MILES 39 MONTHS
MF/RV ZIP 11763
Thank you

.00321 and 49%
$7500 lease credit

whalebowl

Hey, could you let me know the numbers on
Ioniq 5 Limited AWD @ 36/15 for 94404?

kyfdx

whalebowl said:

Hey, could you let me know the numbers on
Ioniq 5 Limited AWD @ 36/15 for 94404?

.00321 MF and 47% residual
$7500 lease cash

keyakizaka

Hi! Could you please provide:
IONIQ 5 SE RWD
10K MILES 36 MONTHS
12K MILES 36 MONTHS
MF/RV
ZIP 94024
Thank you!

kyfdx

keyakizaka said:

Hi! Could you please provide:
IONIQ 5 SE RWD
10K MILES 36 MONTHS
12K MILES 36 MONTHS
MF/RV
ZIP 94024
Thank you!

36/12
.00321 MF and 50% residual
$7500 lease cash

matrix5k

Hi I am clueless about leases and these numbers make no sense to me. Can someone tell me if this is a good deal or if I'm getting ripped off? Am I really getting 7500 off by doing this lease? I have a 2023 ID4 Pro S AWD that I want to trade in for Ioniq5. Payoff amount is 49,507. They offered 47k for trade which I thought was pretty good.

2023 Ioniq5 AWD SEL shooting star
Market selling price 53,730
Rebate 7500
Adjusted price 46,230
Tommy car elite 399 (they said this is optional)
Total purchase 46,629
Trade allowance 47,000
Trade difference -371
Taxable fees 5
Doc fee 694
Tax 43.69
Non tax fees 857.50
Net price 1229.19
Trade payoff 49,507
Balance 50,736.19

48 % residual, money factor is .00343

With $1,000 down, payments are 39 months $901+tax.

Salesman said I can pay it off after a month, then he said payoff amount would be 38 x 901 = $34,238 + $25790.40 = $60028.84. Isn't that way more than MSRP? I'm so confused.

Michaell

matrix5k said:

Hi I am clueless about leases and these numbers make no sense to me. Can someone tell me if this is a good deal or if I'm getting ripped off? Am I really getting 7500 off by doing this lease? I have a 2023 ID4 Pro S AWD that I want to trade in for Ioniq5. Payoff amount is 49,507. They offered 47k for trade which I thought was pretty good.

2023 Ioniq5 AWD SEL shooting star

Market selling price 53,730

Rebate 7500

Adjusted price 46,230

Tommy car elite 399 (they said this is optional)

Total purchase 46,629

Trade allowance 47,000

Trade difference -371

Taxable fees 5

Doc fee 694

Tax 43.69

Non tax fees 857.50

Net price 1229.19

Trade payoff 49,507

Balance 50,736.19

48 % residual, money factor is .00343

With $1,000 down, payments are 39 months $901+tax.

Salesman said I can pay it off after a month, then he said payoff amount would be 38 x 901 = $34,238 + $25790.40 = $60028.84. Isn't that way more than MSRP? I'm so confused.

With that payment, you're better off buying it outright for 72-84 months.

I don't think the salesman calculations are correct - if you pay off the lease early, you won't pay the "rent charge" (interest).

What's wrong with the ID.4 that you want out so quickly?

matrix5k

@Michaell said:
With that payment, you're better off buying it outright for 72-84 months.

I don't think the salesman calculations are correct - if you pay off the lease early, you won't pay the "rent charge" (interest).

What's wrong with the ID.4 that you want out so quickly?

I like Ioniq5 more but the loss of the tax credit made me go with ID4. It's okay but has less space in the rear seats and cargo than I thought. I also have trouble at EA chargers half the time. Today was the second time an Ioniq5 charged with no problems. I tried the same charger and my ID4 couldn't connect. I drove by later and a Mach E was charging fine. I always see other EVs get faster rates but I've only gotten 44-77kwh with the ID4 when it actually works at EA.

Also I've only gotten offers around 37-40k on Vroom, Carvana etc for the ID4 so with this trade in it would almost be a wash at least. I'm not sure if Ioniq5 has depreciated as much but they seem harder to find than ID4.

Salesman also said later "Your buyout a month from now will be $49000, give or take a few dollars. Its hard to calculate to the exact dollar."

Michaell

matrix5k said:

@Michaell said:

With that payment, you're better off buying it outright for 72-84 months.

I don't think the salesman calculations are correct - if you pay off the lease early, you won't pay the "rent charge" (interest).

What's wrong with the ID.4 that you want out so quickly?

I like Ioniq5 more but the loss of the tax credit made me go with ID4. It's okay but has less space in the rear seats and cargo than I thought. I also have trouble at EA chargers half the time. Today was the second time an Ioniq5 charged with no problems. I tried the same charger and my ID4 couldn't connect. I drove by later and a Mach E was charging fine. I always see other EVs get faster rates but I've only gotten 44-77kwh with the ID4 when it actually works at EA.

Also I've only gotten offers around 37-40k on Vroom, Carvana etc for the ID4 so with this trade in it would almost be a wash at least. I'm not sure if Ioniq5 has depreciated as much but they seem harder to find than ID4.

Salesman also said later "Your buyout a month from now will be $49000, give or take a few dollars. Its hard to calculate to the exact dollar."

I'm not sure I'd believe anything the salesman told you - just professional skepticism talking. They are in the business to sell; they aren't the finance person.

Will you be using EA chargers more than charging at home? Just curious how big of an issue this is. The videos I've seen on the ID.4 seem to show an initial charge rate of over 100kwh.

matrix5k

@Michaell said:
I'm not sure I'd believe anything the salesman told you - just professional skepticism talking. They are in the business to sell; they aren't the finance person.

Will you be using EA chargers more than charging at home? Just curious how big of an issue this is. The videos I've seen on the ID.4 seem to show an initial charge rate of over 100kwh.

I would charge at work half the time and the rest of the time taking advantage of free EA charging, ideally. But I can charge at home if needed. Our electric rates are quite high 0.25 cents/kw.

Michaell

matrix5k said:

@Michaell said:

I'm not sure I'd believe anything the salesman told you - just professional skepticism talking. They are in the business to sell; they aren't the finance person.

Will you be using EA chargers more than charging at home? Just curious how big of an issue this is. The videos I've seen on the ID.4 seem to show an initial charge rate of over 100kwh.

I would charge at work half the time and the rest of the time taking advantage of free EA charging, ideally. But I can charge at home if needed. Our electric rates are quite high 0.25 cents/kw.

Trading out of the ID.4 and only losing a few thousand isn't too bad.

But, $900/mo for an Ioniq5 is exhorbitant, IMO.

matrix5k

@Michaell said:
Trading out of the ID.4 and only losing a few thousand isn't too bad.

But, $900/mo for an Ioniq5 is exhorbitant, IMO.

Well I'm paying $903/mo for my ID4 now... It's basically a wash I think for a better vehicle.

Michaell

matrix5k said:

@Michaell said:

Trading out of the ID.4 and only losing a few thousand isn't too bad.

But, $900/mo for an Ioniq5 is exhorbitant, IMO.

Well I'm paying $903/mo for my ID4 now... It's basically a wash I think for a better vehicle.

Yikes!

If you're happy, far be it for us to say otherwise.

InternetUser101

Hi, would I be able to get the MF/RV and any incentives for 36/10k for zip code 11427 for the following -

2023 Ioniq 5 SE Standard Range
2023 Ioniq 5 SE RWD
2023 Ioniq 5 SE AWD

Thanks.

Michaell

InternetUser101 said:

Hi, would I be able to get the MF/RV and any incentives for 36/10k for zip code 11427 for the following -

2023 Ioniq 5 SE Standard Range
2023 Ioniq 5 SE RWD
2023 Ioniq 5 SE AWD

Thanks.

.00321 MF
$7500 lease cash
51% SE Std Range / SE RWD
50% SE AWD

matrix5k

Do leases come with the 2 years of free charging?

Michaell

matrix5k said:

Do leases come with the 2 years of free charging?

We don't have that information.

mycarsrule

Could you provide:
IONIQ5 SE RWD@ 10K MILES 48 MONTHS
MF/RV ZIP 07866

kyfdx

mycarsrule said:

Could you provide:

IONIQ5 SE RWD@ 10K MILES 48 MONTHS

MF/RV ZIP 07866

.00321 MF and 43% residual
$7500 lease cash

pjf6387

Could you please provide:

IONIQ 5 SE & SEL RWD
MF/RV, zip 30126
10k miles, 36 months & 48 months

Are these updated numbers for March?

kyfdx

pjf6387 said:

Could you please provide:

IONIQ 5 SE & SEL RWD
MF/RV, zip 30126
10k miles, 36 months & 48 months

Are these updated numbers for March?

SE
.00367 MF and 54% residual
.00386 MF and 46% residual
SEL
.00338 MF and 53% residual
.00386 MF and 46% residual

$7500 lease cash

pjf6387

Yikes, those MFs. So HMF increased the RVs and then hiked the MF to basically negate the effect of the higher RVs.

Michaell

pjf6387 said:

Yikes, those MFs. So HMF increased the RVs and then hiked the MF to basically negate the effect of the higher RVs.

Probably. You think they will set up the lease programs to favor the customer?

NGKGB

Good evening,

May I get MF/RV/ incentives/lease cash for Limited AWD/RWD in 92614 for 10k and 12k miles for 24 and 36 mo please?

Thanks

Michaell

NGKGB said:

Good evening,

May I get MF/RV/ incentives/lease cash for Limited AWD/RWD in 92614 for 10k and 12k miles for 24 and 36 mo please?

Thanks

12K
RWD
.00366 and 65%
.00366 and 52%

AWD
.00321 and 63%
.00321 and 50%

$7500 lease cash

David Zipkin

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

Looking53434

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

Michaell

David Zipkin said:

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

36/15
.00326 MF and 49% RV
$7500 lease cash

Michaell

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

The bank you are leasing from may add fees to the buyout price if you are selling the car to a third party.

Plus, sales taxes are due.

kyfdx

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

Is your lease up?

kyfdx

Michaell said:

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

The bank you are leasing from may add fees to the buyout price if you are selling the car to a third party.

Plus, sales taxes are due.

No sales tax due on a trade-in to the dealer.

Looking53434

kyfdx said:

Michaell said:

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

The bank you are leasing from may add fees to the buyout price if you are selling the car to a third party.

Plus, sales taxes are due.

No sales tax due on a trade-in to the dealer.

Yes. My lease is up.

kyfdx said:

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

Is your lease up?

Yes, my lease is up. I'm 2 months into an optional 6 month extension. The buyback quote is fresh as of yesterday.

This is the same dealer that I have the first lease from, though a different make of car. Interesting that sales tax is not owed.

kyfdx

Looking53434 said:

kyfdx said:

Michaell said:

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

The bank you are leasing from may add fees to the buyout price if you are selling the car to a third party.

Plus, sales taxes are due.

No sales tax due on a trade-in to the dealer.

Yes. My lease is up.

kyfdx said:

Looking53434 said:

Hello experts. Question about lease equity.

I received a lease quote today. I'm returning an old lease for which they quickly appraised. It came up wtih the Trade Allowance and Trade Payoff both being $21,100 resulting in $0 equity.

However, when I check the current buyback for the old lease from the financing company it is $18,600. This seems like I should have $2500 in lease equity to apply to the new deal.

Any suggestions for getting the dealer to honor the $18,600 buyback price.

Thanks.

Is your lease up?

Yes, my lease is up. I'm 2 months into an optional 6 month extension. The buyback quote is fresh as of yesterday.

This is the same dealer that I have the first lease from, though a different make of car. Interesting that sales tax is not owed.

The dealer may not get the same price as you would. Especially, if they are a different make. Not much you can do about that. The bank doesn't guarantee the buyout price to anyone but you.

Of course, if you buy your current vehicle, you would owe sales tax on it.

Some1

Hello, can you please provide RV and MF for a 2023 ioniq 5 SEL RWD trim and Limited AWD trim in 21045 zip code? 36 month/10k miles. Thanks very much.

kyfdx

Some1 said:

Hello, can you please provide RV and MF for a 2023 ioniq 5 SEL RWD trim and Limited AWD trim in 21045 zip code? 36 month/10k miles. Thanks very much.

LTD: .00321 MF and 51% residual
SEL: .00338 MF and 53% residual

$7500 lease cash

Looking53434

Michaell said:

David Zipkin said:

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

36/15
.00326 MF and 49% RV
$7500 lease cash

Would you also please share for 10K miles and 12K miles?

Michaell

Looking53434 said:

Michaell said:

David Zipkin said:

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

36/15
.00326 MF and 49% RV
$7500 lease cash

Would you also please share for 10K miles and 12K miles?

Add 3% or 2%, respectively

Looking53434

Michaell said:

Looking53434 said:

Michaell said:

David Zipkin said:

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

36/15
.00326 MF and 49% RV
$7500 lease cash

Would you also please share for 10K miles and 12K miles?

Add 3% or 2%, respectively

Thanks. What about the MF?

Michaell

Looking53434 said:

Michaell said:

Looking53434 said:

Michaell said:

David Zipkin said:

Hello, can you please share RV and MF for a 2023 ioniq 5 SEL AWD in the 02478 zip code? Interested in 10K miles, 12K, and 15K. Thanks very much.

36/15
.00326 MF and 49% RV
$7500 lease cash

Would you also please share for 10K miles and 12K miles?

Add 3% or 2%, respectively

Thanks. What about the MF?

Same

Looking53434

I've put my lease quote into a calculator and my dealer is using a MF higher than what's given for my area. For instance .00365 vs .0041 (7.8% vs 10%).

Is he allowed to set whatever MF he wants? What is the source of the info on this forum?