Signed a deal for 2025 Ioniq 5 SEL. Below are the details,
Vehicle – 2025 Ioniq 5 SEL Term/Miles - 24 months/12,000 miles MSRP - $55,465 Residual - 0.6300 Money Factor - 0.00117 Including Taxes & Fees = $167
Please contact me if you want to replicate this deal. I will let the dealer contact you directly.
I just want to help the leasehackr community so I don’t expect any broker fees or any kind of monetary benefit.
In 2025, Hyundai stopped offering one-pay leases. I remember last year most one-pay deals used to be around $3,800 for SEL trim. This current deal, with monthly payments of $167 over 24 months, totals about $4,000 — which is just $200 more compare to one pay. So this is an amazing deal: you’re spreading the cost monthly instead of paying it all upfront, yet you’re still paying roughly the same as the old one-pay deals.
I heard that Hyundai discontinued the $1,000 Conquest Rebate. If true, Hyundai’s rebates are gradually decreasing, and I’m unsure when the Fed EV tax credit might end. So, I believe now is a good time to take advantage of EV deal.
Have 3 months left on my lease but worried about the incentives/inventory drying up especially with talk of the senate bill speeding up the 7500 fed incentive. Wonder if I should bite the bullet.
The EV tax credit bill has finally passed! If you’re planning to buy or lease an electric vehicle, act quickly before September 30th to take advantage of the $7,500 tax credit, especially for vehicles priced under $80,000.
My lease ends in 4 months (it is one-pay lease, ~$200 monthly). Dealer was offering $164 for a new lease (2025 SEL, 2yr/24k) this morning. I am thinking of waiting for another month or two so not to bring up the effective new lease payment to $200 (164 + 200x4 / 24).
You need to stay up to date with inventory, as everyone will be rushing to lease or buy EVs before September. Even dealers may start reducing their discounts, based on the stock/inventories. Just keep an eye and pull the trigger.
This is an amazing deal. I just wonder why these deals are only for 24 months. I was half-interested in a KIA EV6 when I got my Sportage HEV a few months ago, and when I looked into the lease for 36 months instead of 24 months, the price went up drastically. I just don’t like turning in a car so quickly. At my age, 2 years feels like 2 day!
Totally agree the flat rebate affects the percentage, but that doesn’t explain how some 36-month quotes are 2x or even 3x the 24-month payment - at least from my experience when I’ve asked dealers in the past.
For example, on the Ioniq 5 SEL deal at $167/mo for 24 months, the actual depreciation and incentives suggest a fair 36-month deal should be around $280–290/mo, not $500+.
The only way it jumps that much is if residuals plummet, incentives vanish, or dealers manipulate the quote to push the shorter term.
The rebate being flat explains some difference — but not triple the payment. Am I missing something?
I have another question about the Hyundai Ioniq 5 SEL in general.
What accounts for the huge variation in MSRP? I noticed it ranges from $38,00 to about $58,000?
I assume this must have all of the bells and whistles to be listed on the high end of that.
