Deal check - 23 Ioniq 6, 36/15 lease

Ask the Hackrs
1

Texas
Looking to lease a 2023 Hyundai Ioniq 6, Limited AWD, Price after Hyundai lease cash and dealer rebate $37K. MSRP 54K.

36/15 lease. Monthly $565, zero down. May trade in old vehicle for $5K.

Any suggestions?

2

Put together a target deal for what this should cost so you have a baseline to compare against.

3

A bit difficult to research since it’s a 2023 and LH calculator doesn’t have data on RF in my area. Possible calc:

54K
Minus dealer disc 10%
Minus 5% since it’s 1y old
Minus $1200 since not valid for EA free charging
Equals $44.7k

Factoring in 11K lease cash (this is for 2024, dunno for 2023), brings to ~ $34K

Plugging in numbers for Texas (assuming a 2024 model), monthly $475 with zero drive off.

Sound reasonable?

4

You can’t just make up numbers and assume things. Does HFS still offer leasing programs on this model?

2 Likes
5

Yes, it’s HFS lease eligible.

6

That is not the question. Are there any lease incentives on the 2023 models?

7

$0 lease cash for 23s

8

Thanks for the information. I don’t kow why anyone would lease a 2023 model year with no lease support over a 2024 or newer vehicle. I think people see a big discount and get excited. Over $500 a month for any Ioniq 6 is too much.

1 Like
9

Im curious what bank is being user here. USBank is the only program im seeing. No options from HFS

10

Thats right. The low price did draw me in.
The 2024 will run the same amount on the lease with the incentives.

Is there a number you could suggest on the 2023 that would sweeten the deal?

11

All things being equal and you won’t mind the wait, the 2025s with NACS and a HUD are right around the corner.
Granted the lease programs may not stay the same, but this is not a civic hybrid so as long as the ideal conditions are not there, they won’t fly off the lots in most areas unlike the civic

1 Like
12

Just drove and enjoyed the Ioniq 6 so shopping for deals on late 24 6s. @Speednut what did you end up doing?

13

Pulled the trigger and signed a 3/45 lease. Called dealers and gave them my number to come get it same day. 1 out of about 10 I contacted negotiated and got my business.

1 Like
14

Nice job, congratulations!