I like my 2023 Ioniq 5 and nearing the end of my 3-year lease. I’ve been looking at my options, including paying the residual value per the lease ($32,000), buying a used one for $2,000 to $3,000 less.
Or, I could simply buy a new 2026 Ioniq 5 SEL (they are discounting them to around $37,000). Would their be any benefit to leasing a new one and then immediately after executing an early buyout?
What is your goal in doing so?
Buying out your current one doesn’t seem like a good idea, if the RV is higher than what actual resale value is.
If you are open to spending $14k over the next 3 years to driving a 2026 Ioniq 5 Sel, then just getting a new lease would be better.
I think the new Ioniq is the better play. Larger battery and some nice updates to your 2023. I am seeing $8K discounts without much argument.