Hyundai Kona Electric Limited 2025 lease deal through March 31

Ask the Hackrs
1

I am considering a 24 month lease on this vehicle. I have attached the current Hyundai lease I found online. I am in Georgia. New to leasing. The only reason I’m delving into leasing is to try to capitalize on the 7500 federal tax benefit. In looking at inventory, the Kona Limited stock here in Georgia is low. I tried to put the information in the manufacturers lease deal into the lease hacker calculator. However, I was having trouble with where to put the 259 per month lease charge. And though I showed this lease to local dealer, they are (of course) coming up with different numbers. Which I will share in a response if helpful.
Any advice or help with this? Thanks in advance from a newbie.

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Offer Disclaimer

For well qualified lessees approved by Hyundai Motor Finance, closed-end lease for a 2025 KONA ELECTRIC LIMITED AUTOMATIC TRANSMISSION FWD(Q14G2FEZ) is $259 per month for 24 months with $3,999 due at lease signing (excludes registration, tax, title, license, processing or documentation fees, insurance and any emission charge). Available from 3/5/2025 through 3/31/2025. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. Offer shown based on $3,999 due at lease signing (includes $259 first payment and $3,740 capitalized cost reduction). No security deposit required. Dealer contribution may vary and could affect actual lease payment. MSRP $42,600 (includes destination; excludes tax, license, title, registration, processing or documentation fees, insurance and any emission charge). Includes application of $7,500 EV Lease Bonus resulting in a net capitalized cost of $31,610 includes $650 acquisition fee. Total monthly payments for this offer equal $6,216. Option to purchase at lease end for offer shown at residual value of $28,116 plus a $300 purchase option fee (except leases originating in CO, FL, IN, DC, SC, HI, PA, or SD), and excluding official fees, such as taxes, tags, license and registration. Lessee is also responsible for insurance, maintenance, and repairs. At lease end, lessee will be liable for excess wear and use as set forth in the lease agreement, excess mileage charges of $.20 per mile over 12,000 miles/year, and a $400 disposition fee. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, & WY, where disposition fee is subject to state law limitations. All figures presented are estimates only. Actual selling price may vary. Must take delivery from new retail stock and execute lease contract by 3/31/2025. Offer availability and terms are subject to change without notice. See dealer for details and vehicle inventory availability.

Terms and Conditions

’ See your participating Hyundai dealer for mor special offers. Special limited

2

I am working off this lease with a dealership here. But as you probably suspect, getting them to send me an actual lease contract without coming in, is like pulling teeth. Any suggestions?

3

Welcome to the forum.

Advertised deals are usually quite poor.

The $259 monthly isn’t something you specifically input. The calculator gives you that as an output from all the other numbers you’ve entered.

Post your best attempt at the calculator.

It might be more effective to try to generate your own target deal from data you can often gather here from Marketplace listings and posts in Signed Deals & Tips.

4

Thank you for responding. I haven’t been able to get much information on Kona electric lease deals. I did search the forum.
It’s hard to know what to expect on this car. As I said, they’re not that many available. I’m not in a rush.

5

Not sure why Kona EV but from experience i can tell you this is the last car i would lease again knowing today’s market.
Maybe Leaf is at the end of that list. Hahaha.

Anyhow look at marketplace for Chevy Equinox EV , blazer EV or Honda preludium EV or Acura ZDX.
These cars lease well this month.
If you have no time or not a fan of math associated with the lease i would suggest to hire broker from Marketplace.
Good luck.

1 Like
6

Just forget about this EV. There are much better EVs available for less money.
:grinning_face:

7

Don’t reinvent the wheel, ie dont pick a car that doesn’t have any information on this forum.

Pick something that already has a blueprint for you to follow in Signed Deals & Tips

Or take a turnkey deal out of the Marketplace

1 Like
8

Understand it would be better to lease a car that has more lease hacker information. However, if this is the car that I’m interested in, it would be great to get some feedback from you all.
I am continuing to talk to dealer

Currently offering nothing off the price with the exception of the 7500 tax incentive.
MSRP. 43085
Res. 28437
Aq fee 650
Doc. 699
Ga taxes 854 ( They added acquisition fee to taxable amount, which I think is wrong?) Otherwise would be around 805

3999 down 362/mo plus fees which I assume is aq fee + doc + tag =1400/24=58 =appx 420 + 3999/24 (166) for 586
Taxes paid up front or would add 33/mo

Thoughts? How much should I push for getting off retail since they are offering nothing.
And how would I compute money factor from this information?

Thank you all from newbie Trying to sort this out with little information in reference to this model.
Also, this is not something I have to pull the trigger on right away. I have transportation for the next month or more. Inventory in my area is limited and there don’t seem to be a lot coming in looking at some of the projected arrivals.

9

Why in the world would you pay that much for this cat if you can get much better vehicles for way less?

I’m sorry, but no one here will recommend to to get it as even the best deal you may get will still be really bad compared to what you can get on other cars this month.

10

Stop talking to them. Unless you want to get ripped off.

It’s crowd-sourced information. It’s either here or it isn’t. Asking multiple times doesn’t really increase your chances of finding something if it doesn’t exist.

BTW a Kia Niro is 99% the same car. You can see if there’s more information on that in Marketplace or Signed Deals & Tips

Ultimately you’re going to have to make a decision on whether to keep navigating without a map or not.

11

Is there any specific feature or something about the Kona that has you 100% in on that car?

12

I’m a little confused. Is it the primary purpose of this forum to provide information and advice on leases, or is it to question users’ vehicle choices? I too am considering a Kona EV and have done a lot of research. I really don’t understand why most posters on this thread do nothing but question the OP’s choice of vehicle.

1 Like
13

The experienced lease hackers are asking from a point of view of trying to help. The lease deals on the Kona EV right now are not as good as a Acura ZDX for example. So if the Acura ZDX gives you everything you want or need, and the lease deal will be better, lets give the ZDX a consideration over the Kona EV.

If you are set on a Kona EV, then the same research principles apply as any other car. The ZDX will have more deals to research from versus a Kona EV.

14

And this is where you walk away from that dealer. If you cant get a discount on an EV of that price point, you are getting ripped

15

How dare we provide advice and help when asked?

Our advice is to look for other cars that will provide the most value for your hard earned money. A car that leases great this month may be awful in a week from now.

This Kona deal is awful and, since “the only reason you’re delving into leasing is to try to capitalize on the 7500 federal tax benefit”, there are dozens of other EVs that will qualify for the 7500 incentive and you should consider them.

2 Likes
16

It’s a forum for sharing hacks.

If you choose to proceed despite knowing that it’s not hackable or despite knowing that you’re flying blind, that’s on you.

Most people actually appreciate getting a heads up before making a mistake or getting clarity around stated/unstated assumptions.

To further @AndreG’s point, there are EVs today that get 6-10% in dealer discounts plus $15,000-20,000+ in incentives. So the unstated assumption that the $7,500 incentive makes the Kona an attractive lease doesn’t hold up to scrutiny.

17

Thank you for sharing insight and information. One of the reasons I got into looking at EVs It’s because I really like small cars. They are becoming increasingly difficult to find in a gas car that provides any kind of performance.
I have driven the Ioniq 5(even a bit larger than I’d like), Kona EV Nissan Ariya, Toyota bz4x, considered Volvo ex30(have not located one on the lot to drive within a reasonable distance currently And their lease deals make my car deal look like a bargain🤣)
Of the small EV’s I have driven, I liked the Kona the best.
I’m not interested in a larger car so that limits me. Again, the inventory for smaller EVs here in the Atlanta area is limited. I think in the entire metro area,there are three Kia Niro EVs And the one dealer that has them is a long way from me so I have not had an opportunity to drive one. And three they had on the lot were not appealing.
I don’t put many miles on a car so I may just look for a gas car to purchase and move on. Fortunately, I do not have to make a decision immediately so I’ll keep an eye on any possibilities. Thanks again for input and advice.

18

I agree that the tone of many of the discussions can be really off-putting (although, TBH, I actually don’t think this specific thread has been that bad).

The OP seems fully aware that there are better deals available on other cars but has stated that they very much wants a Kona. If they want a car that doesn’t lease as well as others, so be it.

OP, have you looked at the Marketplace and Signed Deals & Tips and/or contacted a broker? While I don’t always agree w/ @max_g’s tone, his point is that knowing what an aggressive discount off MSRP is determined by what the market will tolerate… which is based on what other people have been able to get or what is being offered by brokers here (if they even list that information, and not all do).

Absent that, it’s really hard to be able to give an answer about what a good discount is for a specific model/trim, other than

Regarding your question

If you join as a Super Supporter, you can access to Ratefindr and can see what the buy rate MF for yourself (or ask on the pertinent Edmunds forum). Then plug it into the calculator and compare to your quote.

19

You can also consider purchasing a Bolt EUV or previous gen Kona/Niro EV depending on the numbers (or MINI if 2 door is OK).

1 Like
20

The dealer has asked me for a proposal This is 2025 Kona EV Limited trim with an MSRP of 43K.
Not much available in reference to information on this site. I would like to come back with a proposal. Their original was based on no reduction of MSRP (except 7500 pass through) 259×24 months plus taxes fees with 3999 down. 12000 miles (I could be fine at 7500 or even less). They currently have two or three available on the lot.