Deal Check - Hyundai Ioniq 5 AWD Limited vs Tesla Model Y Long Range

Ask the Hackrs
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1

Hey all,

I couldn’t exactly recalculate the deal, but here are the basics:

$ down, first month payment due at signing

12k mi/36mo: $486/mo
12k mi/24mo: $493/mo

I’m cross shopping this against a Model Y, and this comes out slightly cheaper. If I get a Model Y with the options I want, it’s $531 for an equivalent lease or $675/mo with $6700 down for 0% APR.

What do you all think? Is 24mo the play here? Thanks.

2

Wow , the Y in CA is showing up as $399 with $3k, so it looks like they getting competitve there.

But you sure the Y lease includes TTL? The price for your Ioniq 5 appears to include that

3

For the Tesla, I was factoring in all local fees and taxes. IL does not give any credits for leasing.

4

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