Do you have a dealer in NY that you work with? If so the PHEV would qualify for an $1,100 point of sale rebate for an NY resident too.
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I do! However, those particular PHEVs were at a dealer in NJ and are now sold out, all leased to NJ residents.
My current NY dealer partner is OFF Long Island. I’ve heard from customers that Long Island dealers can be harder to work with on Clean Pass Eligible vehicles because Clean Pass is a bigger deal on the island than everywhere else in the state. I’ve gotten a fair number of inquiries for both.
I’m planning a trip to LI next week to try and work something out, seeing the continued interest from LI zip codes.
For NY customers on LeaseHackr, where would you prefer to pick up your Hyundais sourced through me?
- On Long Island
- Not on Long Island
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Thank you for the feedback! I will be sure to include the $1100 rebate in ads targeting NY residents on PHEVs, and $2000 rebate on EVs, when sourced through a participating NY dealer.
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Any deals for the Kona EV?
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Andy - did you get my message. Looking for a 2020 Hyundai Tucson Ultimate trim. I’m located in NY.
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Numbers have been updated for 2020 Ioniqs. Prices have gone down. NJ Residents get into the base for under $150/month and the Limited for under $199/month. Nothing else. No inceptions, no MSDs, no added fees, and my broker fee is canceled out by your BonusDrive rebate. A Self-Driving EV with Sunroof for this price gives Tesla a run for its money.
We are also blowing out 2020 Tuscons and Konas as the 2021s are arriving very soon. Get a Kona Ultimate (fully loaded, >$30k MSRP) for $332/mo including taxes, fees, driveoffs, and just your first payment due at signing for NJ Residents.
Text me at 551-204-8712 for a written quote.
Hi which is cheaper? Hyundai or i3?
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Hyundai did not get the inventory shortage memo? I think I am adding the Ioniq to vhooloo’s labor day specials thread…
Hi Prakash,
I don’t offer BMW so someone may be able to beat it. But the current best deal I can find on i3 has a total lease cost of 5858, and this Hyundai Ioniq EV has a total lease cost of 5354. The Hyundai has 170 miles of EV range. BMW has 124 miles of EV range and then the “range extender” (motorcycle engine?) that can replenish another 76 miles. But I’m honestly not sure how that works or if your power is reduced for the last 70 miles. I’m assuming it requires oil changes and the Hyundai does not, which further reduces your cost.
See the below comparison
BMWs come with free maintenance, so it actually may be cheaper overall.
So does Hyundai. 3 years/36k miles on all 2020 Hyundais. Electric Hyundais, however, the only maintenance item is tire rotations during your lease term. And these tires are warrantied for 65k mile tread life by Michelin so the chances of needing to replace tires or brakes at the end is virtually none.
No oil changes is better than free oil changes, IMO, as there is still cost associated with your time in dropping off the car for service. And I believe BMW charges a penalty if you miss a service.
Hyundai Complimentary Maintenace Program details here: Hyundai Complimentary Maintenance Program | Hyundai USA
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RE: Limited
“$0 down, $289/month, receive $4250 rebate from NJ -or-”
289*36 = 10,404-4250 rebate = 6,154/36 = $171/mo. effective no?
Am I missing something? Much more attractive than the $199/mo. you stated.
Also, not a huge fan of the way you separated out the incentive in the calculator to make it look like a higher percent off MSRP. Think it’s more straightforward to keep it as the offered $10,250 lease cash incentive.
Hi, @Fuzzy_Robot
Looks like you spotted a typo. Apologies for that. The correct price for the Limited trim without the rebate rolled in is $317/month. The $289 was with an additional $1000 down. Then you get your $4250 back and you get the effective $199/month with either structuring option.
Regarding the calculator links, I don’t currently have a reliable way to access the dealer lease cash incentives, I have to calculate backwards from the monthly numbers that the dealers provide me. If you have a really good source for the lease cash, please message me and I can better structure my calculator links. The dealerships HATE the calculator from this site. They have like a visceral reaction when they see the yellow so I have to do a lot of back and forward. Thank you for keeping me honest! Transparency and ease of dealer experience remains my primary goal in all of this.
I’ve landed two deals on this site, a 2017 i3 and 2019 ioniq EV. Both were about same price
The i3 has the added benefit of the gas powered generator. Mostly driven on locals roads and car was great. No issues.
Idrive is great in my opinion, but it could have been that I was already used to using it in past cars . Back up camera quality is also much better in the i3.
The Hyundai doesn’t have the badge but if you’re going to be using the back seats often, this is the car to get. The suicide doors on i3 look cool but getting in and out is a hassle. The ioniq also feels safer at highway speeds. The thin motorcycle tires don’t instill a lot of confidence.
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Edmunds forums for the current incentive details. Or even some of the dealers sites (Paramus Hyundai, Burns) list the lease cash incentive in pricing details.
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I have received some inquiries to know how this lease compares to the cheapest Tesla. The cheapest Tesla I can find is the Standard Range Plus Rear-Wheel Drive with 250 miles EPA Estimated Range. The Ioniq is rated at 170 EPA-estimated miles, so it’s 68% of the range.
Tesla’s leasing calculator is at https://www.tesla.com/support/tesla-leasing and the current numbers are showing $5566 DAS and 35 more payments of $371:
If we subtract the $5000 CHARGE UP NJ from The Tesla and do a 0 DAS, we get 36 equal payments of $376.42 for the Tesla. Compare to the $149 payments of the Ioniq, the Ioniq is 60% cheaper for NJ residents than the cheapest Tesla, or 40% of the overall cost of a Model 3 lease.
Is there a Hyundai loyalty bonus? Also I got something in the mail about a settlement if I have lost faith in my Hyundai’s engine and trade it in for another Hyundai.
Either way, I’m interested.
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Owners are eligible for a rebate of $500 to $2,000 if they decide to sell one of these vehicles after notice of the settlement and experiences an engine failure or fire, losses faith in the vehicle, and completes all other steps to qualify for the rebate, including the purchase of a replacement Hyundai or Kia vehicle and submission of a claim within 90 days of the incident.
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Unfortunately there is only a Hyundai loyalty bonus on 2020 Sonatas if you have a previous year SONATA (Nameplate only) in the household.2019’s still carry a $1000 loyalty bonus. Turns out this is dead on Sonata too.
It sounds like the Theta-II Engine lawsuit money would be separate from these deals but I don’t think you would qualify in dealer. It’s probably that you’d have to register for afterwards in a mail-in-rebate.
For 2019 Hyundai Kona EVs, there is a $1k loyalty rebate on most models if you can still find any 2019.
I have some 2019 KONA EV LEFTOVERS that do qualify for the $1000 Hyundai loyalty. Programs end this month. First responder or Military (cannot combine those 2) would take another $500 off.
- 2019 Kona EV Limited | ~$42k MSRP | NY Residents: $345 + TAX (based on your NY ZIP CODE) with just first payment due at signing after DRIVE CLEAN NY rebate effective in payment. $1k Hyundai Loyalty included must qualify at dealer. (2 left)
2019 Kona EV Limited | ~$42k MSRP | NJ Residents: $279/month after just your CHARGE UP NJ rebate amount due at signing. $1k Hyundai Loyalty included must qualify at dealer. (1 Left).Sold Out.
I’m not sure the 2020 sonata has loyalty bonus, I asked the dealer I’m buying from and he said their wasn’t any … I own a 2019 sonata in my household
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I think you may be right, actually. On https://www.edmunds.com/hyundai/sonata/2020/deals/ I don’t see it anymore.
On https://www.edmunds.com/hyundai/kona-electric/2019/deals/ I do see the loyalty still listed.
It must have been valid earlier this year, per https://www.carsdirect.com/deals-articles/hyundai-doubles-discounts-on-2020-venue-sonata, but is now pulled. Good catch. This is why loyalty/military/firstresponder/college are all MUST QUALIFY AT DEALER. I make a best effort to inform you on the incentives you qualify for but the dealer must review the most updated programs and your paperwork to make sure you qualify before anyone can guarantee you’ll get the rebate.