Deal Check: 2024 Hyundai Ioniq 5 SEL RWD

In Western Washington, going through a dealer in Puyallup we’ve bought from before. This is their initial offer.

24/12 term
Selling Price: $49,830 (0% off MSRP)
RV: 71%
MF: 0.00326
Incentives: $10k lease cash

Works out to $605/mo all inclusive.

Looks like the MF is a little high (Edmunds says it’s 0.00244 in my area) and seems like folks in other states tend to get a few percent off the selling price. First ever lease quote, so want to know what I can realistically expect here (and what aspects to negotiate about). I’d like to get the monthly down to $530 or so with $0 DAS. Does this seem realistic?

Bad deal. too little discount.

Create your target using feedback from the forum and make offers instead.

Look better at 6% off MSRP?