Hyundai Ioniq5 lease-end options

Ask the Hackrs
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1

Hi,

My 13-month lease on 2024-Ioniq5 is coming to an end soon. I had opted for a one-time payment.

I reached out to Hyundai finance and they told me they don’t offer term extensions on one-time payment. So it seems there are only 3 options:

  1. Buy out
  2. Return the car
  3. Lease out another vehicle

The customer agent on the phone was pretty blunt and told me there is no room for negotiation on buy-out price or lease extension.

I don’t plan to go with #1 as the price seems quite high (also not sure of purchasing EV).

I was hoping Hyundai will offer good deals for lease end as 13 month is quite a short period and it may be more expensive for them to have the vehicles returned. But looks like they have other plans…

Curious to know what other people in the same boat are planning to do?

Anyone looking to lease another vehicle from Hyundai? Will it be a good option for another couple of years?

Thanks!

2

already leased blazer ev

3

return at the end of month 12 so you don’t have to pay the $700 CA regs.

get a new car within month 12

4

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