Signed - Ioniq 5 SEL MSRP 49720 - 24/12 $11,175 Single Pay Lease (FL)

Just signed on a 2 year, 12k/year lease for a white Ioniq 5 SEL.

I was looking for a good lease and after plenty of research the Hyundai Ioniq was the car that had all the features I wanted. Ideally I would have gone for a Limited instead of a SEL but there’s very little availability in South Florida.

After visiting two dealerships, one who didn’t want to go a dime under MSRP and the other one adding a lot of mandatory “optionals” to achieve a discount, I was able to find a very good team who helped me get the deal I wanted.

The leasehackr score is about 9.5. It is good, not great, but in this market, in south florida is more than enough.

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HMF or US Bank?

I went through HMF

Can you post calculator link with your numbers?

This is as close as I got to replicating it, I’m not entirely sure how much off MSRP they went and how much were taxed incentives, but it’s something close to that.

Not bad for FL, Congrats and enjoy it!

What county?

Miami Dade / Broward

did you ever have it quoted as a regular 24 mo lease? What was the difference?

I did not, I had the money in the bank and I didn’t see why paying a higher interest rate.

I know I could have invested the money and made a small spread but it’s very marginal

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Can you share how the rebates get to $9,000 vs. $7,500?

Hyundai dealer flex cash $250 coupons

Congrats. Sharp deal I think. The dealers trying for MSRP or loading with options, they are gonig to see in the next few months how tough things will be getting and competitive.

The only limited I was able to find in south Florida would only offer $500 off MSRP.

I think SELs might offer good discounts, I don’t see limiteds going on a firesale anytime soon

What is this flex cash coupon? Do all dealers have it and is that what they can use to increase the discount?

Hello,

I have some questions about one payment lease,
I’m looking do to that for 2023 Hyundai Ioniq 5 Limited RWD,
What are the points I need to emphasize on when doing the deal?
What’s the cons and pros? Is financing is a better option when I’m looking to keep the car?