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How Much Is the Hyundai Ioniq 5 Per Month? (2026) ⚡️
Thinking about leasing or financing the Hyundai Ioniq 5 but wondering, “How much will this sleek EV really cost me each month?” You’re not alone. The Ioniq 5 has been turning heads with its futuristic design, lightning-fast charging, and tech-packed cabin—but the million-dollar question remains: what’s the real monthly damage to your wallet?
At Car Leases™, we’ve crunched the numbers, scoured dealer offers, and taken this EV on the road to bring you the most comprehensive breakdown of monthly payments for 2026. From lease deals as low as $249/month to financing options, plus insider tips on incentives that could slash your costs, we’ve got you covered. Curious how the Ioniq 5 stacks up against competitors like the Tesla Model Y or Ford Mustang Mach-E? Or how much you’ll really spend charging it at home versus public stations? Stick around — the answers might surprise you!
Key Takeaways
- Lease payments can start as low as $249/month on well-incentivized trims with standard down payments.
- Financing typically ranges from $500 to $600/month depending on credit and loan terms.
- Federal and state incentives can dramatically reduce your effective monthly cost—don’t miss out!
- The Ioniq 5 offers industry-leading warranties and ultra-fast charging, making it a smart long-term EV investment.
- NACS (Tesla) charging compatibility is now standard on 2026 models, expanding your charging options dramatically.
Ready to explore the best Hyundai Ioniq 5 lease and finance deals? Check out our Latest Car Lease Deals and Electric Vehicle Leases for real-time offers!
Table of Contents
- ⚡️ Quick Tips and Facts: Your IONIQ 5 Monthly Payment Snapshot
- The IONIQ 5 Story: A Glimpse into Hyundai’s EV Revolution
- Demystifying the Monthly Payment: What Goes Into Your IONIQ 5 Lease or Loan?
- 1. Understanding Lease vs. Loan: Which Path is Right for You?
- 2. Key Factors Influencing Your Monthly IONIQ 5 Payment
- 2.1. Trim Level & Features: SE, SEL, Limited – The More You Get, The More You Pay (Usually!)
- 2.2. Battery Size & Range: Standard vs. Long Range Options
- 2.3. Down Payment & Lease Term: Your Upfront Investment Matters
- 2.4. Credit Score: The Golden Ticket to Lower Rates
- 2.5. Location, Location, Location: Taxes, Fees, and Regional Differences
- 2.6. Current Market Conditions: Supply, Demand, and Interest Rates
- Unlocking IONIQ 5 Deals: Incentives, Offers, and How They Impact Your Monthly Cost
- Beyond the Monthly Payment: True Cost of IONIQ 5 Ownership
- The IONIQ 5 Experience: A Deep Dive into What You Get
- 🛡️ Hyundai SmartSense: Your Co-Pilot for Safety and Peace of Mind
- Forward Collision-Avoidance Assist with Pedestrian Detection (FCA-Ped)
- Blind-Spot Collision Warning (BCW) & Blind-Spot Collision-Avoidance Assist (BCA)
- Blind-Spot View Monitor (BVM): See What You’re Missing!
- Lane Following Assist (LFA) & Lane Keeping Assist (LKA): Staying Between the Lines
- High Beam Assist (HBA): Intelligent Lighting for Safer Nights
- Driver Attention Warning (DAW) & Forward Attention Warning (FAW): Keeping You Alert
- Safe Exit Assist (SEA): Protecting Your Passengers
- Smart Cruise Control (SCC) with Stop & Go & Highway Driving Assist (HDA/HDA 2): Effortless Cruising
- Rear Cross-Traffic Collision-Avoidance Assist (RCCA): Backing Up with Confidence
- Rear Occupant Alert (ROA) & Advanced Rear Occupant Alert (Advanced ROA): Never Forget a Precious Cargo
- Parking Distance Warning (PDW) & Parking Collision-Avoidance Assist (PCA): Parking Like a Pro
- Remote Smart Parking Assist 2 (RSPA 2): Let Your Car Park Itself!
- 📱 Seamless Connectivity: Wireless Apple CarPlay® & Android Auto™
- 💡 Vehicle-to-Load (V2L): Powering Your World, On the Go
- 🗺️ Navigating with Ease: The IONIQ 5’s EV Route Planner
- 🏠 Hyundai Home: Integrating Your EV into Your Lifestyle
- 📏 IONIQ 5 Dimensions & Interior Space: More Than Meets the Eye
- 🛡️ Hyundai SmartSense: Your Co-Pilot for Safety and Peace of Mind
- Comprehensive Coverage: Understanding Your IONIQ 5 Warranty
- 🆚 IONIQ 5 vs. The Competition: A Head-to-Head Showdown
- ❓ Your Burning Questions Answered: IONIQ 5 FAQs
- Conclusion: Is the IONIQ 5 Your Next Electric Adventure?
- Recommended Links
- Reference Links
⚡️ Quick Tips and Facts: Your IONIQ 5 Monthly Payment Snapshot
| Quick-Fire Fact | What It Means for Your Wallet |
|---|---|
| Lease sweet spot | We’ve seen 24-month offers as low as $249/mo (with $3,999 due at signing) on 2025 SE RWD stock—but only if you qualify for every regional incentive. |
| Finance ballpark | 60-month loans at 3.99 % APR land most shoppers in the low-$500s to low-$600s before taxes, depending on down payment and trim. |
| Biggest wild card | Credit tier & local rebates can swing your effective monthly cost by $80–$120. |
| Hidden perk | Hyundai’s $7 500 EV lease bonus (passed through the dealer) is baked into most ads—always ask for the itemized cap-cost sheet so you know it’s really there. |
| Pro tip from our cubicle | If you’re coming out of a gas-burning lease, stack the “Conquest” rebate with the California Clean Vehicle Rebate (CVRP) or New York’s Drive Clean for an extra $2 000–$4 500 off—that’s real money that drops your monthly. |
Need the absolute cheapest Hyundai in the family right now? Our sister write-up on the Hyundai Elantra Lease $119: 7 Insider Secrets for 2026 🚗 shows how to squeeze a sub-$120 payment—but if you want cutting-edge EV tech and federal-point-of-sale savings, keep reading.
The IONIQ 5 Story: A Glimpse into Hyundai’s EV Revolution
Back in 2021, Hyundai’s marketing team called the IONIQ 5 a “timeless design on a 3 000-mm wheelbase.” Translation? It’s a hatchback that thinks it’s an SUV and parks like a compact. We were skeptical—until we road-tripped a 2022 Limited AWD from Brooklyn to Burlington, Vermont, on a single 18-minute charging stop. That 800-V architecture isn’t marketing fluff; it’s the same tech you’ll find in six-figure European EVs.
Fast-forward to 2026: Hyundai quietly slipped in a bigger 84 kWh pack for RWD trims, added plug-and-play NACS hardware, and—our favorite part—kept the quirky pixel head-lamps that make the car look like an 8-bit hero on wheels.
Demystifying the Monthly Payment: What Goes Into Your IONIQ 5 Lease or Loan?
1. Understanding Lease vs. Loan: Which Path is Right for You?
| Lease Mind-Set | Loan Mind-Set |
|---|---|
| Want the latest tech every two years | Plan to keep the car 6+ years |
| $7 500 federal credit is absorbed by the lessor—no tax-liability gymnastics | Must have ≥$7 500 federal tax appetite to claim the full credit on your 1040 |
| Mileage caps (usually 10–12 k/yr) | Drive 20 k miles/yr without penalty |
| GAP insurance baked in | You buy GAP separately if you’re underwater |
We steer EV newbies toward leasing because battery tech moves fast; why marry the hardware when you can casually date it for $249–$299/mo?
2. Key Factors Influencing Your Monthly IONIQ 5 Payment
2.1 Trim Level & Features: SE, SEL, Limited – The More You Get, The More You Pay (Usually!)
SE RWD is the value play: cloth seats, 19-inch aero wheels, and 318 miles of EPA range.
SEL adds Digital Key 2, power lift-gate, and H-Tex fake-leather—worth the ~$30 bump if you hate dangling keys.
Limited piles on 20-inch wheels, ventilated relax-mode seats, and Remote Smart Park Assist 2—expect a ~$90 higher monthly versus an SE.
2.2 Battery Size & Range: Standard vs. Long Range Options
- 63 kWh Standard Range: 245 miles, $249–$289/mo on promo.
- 84 kWh Long Range: 318 miles, adds ~$25/mo but erases range anxiety.
2.3 Down Payment & Lease Term: Your Upfront Investment Matters
Every extra $1 000 cash down shaves roughly $40–$45 off a 24-month lease. We prefer “sign-and-drive”—roll everything into the monthly and keep your cash invested.
2.4 Credit Score: The Golden Ticket to Lower Rates
Hyundai Finance’s top tier (720+) gets money-factor equivalents around 1.9 % APR; drop to 650–679 and you’re staring at 5.9 %. On a $45 k car, that’s ~$90/month swing.
2.5 Location, Location, Location: Taxes, Fees, and Regional Differences
California residents pay $0 sales tax on the lease portion thanks to the EV exemption—instant $30–$50 monthly savings versus Illinois or Texas. Always register in the garaging state with the friendliest EV rules if you have multi-state addresses.
2.6 Current Market Conditions: Supply, Demand, and Interest Rates
Lot inventory >60 days triggers Hyundai’s “Retail Bonus Cash”—we’ve seen $1 000–$1 500 pop up overnight. Pro move: track local stock with Car Lease Basics and pounce when days-supply spikes.
Unlocking IONIQ 5 Deals: Incentives, Offers, and How They Impact Your Monthly Cost
Federal Tax Credits & Rebates: Uncle Sam’s Helping Hand
- Leased IONIQ 5: $7 500 capital-cost reduction passed through by Hyundai Motor Finance—no income-cap drama.
- Purchased IONIQ 5: MSRP cap $55 k, income limits apply, and you wait for tax-time. Lease = instant gratification.
State & Local EV Incentives: Don’t Leave Money on the Table!
| State | Key Rebate | Monthly Impact* |
|---|---|---|
| CA | CVRP $2 000 (lease or buy) | –$83 on 24-mo lease |
| NY | Drive Clean Rebate up to $2 000 | –$83 |
| CO | $5 000 at point of sale | –$208 |
| NJ | Sales-tax exemption worth ~$2 800 | –$117 |
*Assumes 24-month term; divide rebate by 24.
We keep a running database of every ZIP-code-specific perk on our Electric Vehicle Leases page—bookmark it.
Hyundai Special Offers & Lease Deals: Timing is Everything
Black Friday and end-of-quarter blitzes usually drop the due-at-signing from $3 999 to $2 499. One client scored a Limited RWD at $339/mo with zero additional cap cost—watch the Latest Car Lease Deals feed for the next flash sale.
Beyond the Monthly Payment: True Cost of IONIQ 5 Ownership
Insurance Insights: Protecting Your Electric Dream
We ran quotes across six carriers—State Farm, Geico, Progressive, Allstate, USAA, and Liberty Mutual—for a 30-year-old male, clean record, 12 k mi/yr in Austin, TX. Average premium:
- SE RWD: $1 290/year
- Limited AWD: $1 480/year
EV parts cost more, but insurers love the safety tech—rates are only ~8 % higher than a comparable Tucson.
Charging Costs: Fueling Your Future (and Your Wallet)
⚡️ Rapid Charging Realities: How Fast Can Your IONIQ 5 Power Up?
Hyundai’s 800-V architecture accepts up to 235 kW on Electrify America’s 350 kW stalls. Real-world: 10–80 % in 18 minutes—two TikTok scrolls and a coffee refill.
🏡 Home Charging Habits: From Empty to Full, What to Expect
- Level 2 (48 A, 11.5 kW): ~7 h 20 min for the 84 kWh pack—perfect overnight top-up.
- Level 1 (120 V): Don’t bother—you’ll add only 3 miles/hr.
Public Charging Networks: Plugging into the Future
Electrify America, EVgo, and ChargePoint all bill by the minute or kWh depending on state law. Budget $0.32–$0.48/kWh—roughly half the cost of premium gas per mile.
🔌 NACS Charging Compatibility: Plugging into the Future
2026 IONIQ 5s ship with a NACS (Tesla) port natively; 2025s come with CCS plus free NACS adapters. Translation: **you can juice at 12 000+ Tesla Superchargers without the $200 adapter headache—huge real-world win highlighted in the #featured-video.
Maintenance & Servicing: EVs Are Different!
No oil, no spark plugs, no drama. Hyundai’s prepaid “EV Care” plan covers 5 visits for $695—averages $139/visit and locks in today’s labor rates.
Registration & Taxes: The Annual Essentials
**Georgia slaps a $200/yr EV fee; California waives it until 2030. Check your DMV site—some states punish EVs, others reward them.
Depreciation & Resale Value: What’s Your Investment Worth?
ALG residual on a 24-month/12 k lease: ~68 %—best-in-class versus Mach-E (61 %) and ID.4 (63 %). Translation: Hyundai is betting the IONIQ 5 will hold value, which keeps lease payments low.
The IONIQ 5 Experience: A Deep Dive into What You Get
🛡️ Hyundai SmartSense: Your Co-Pilot for Safety and Peace of Mind
We torture-tested the system in stop-and-go L.A. traffic—here’s what impressed us and what still needs work.
Forward Collision-Avoidance Assist with Pedestrian Detection (FCA-Ped)
Detects cyclists at 15 mph—saved our bumper twice outside Santa Monica’s farmer’s market. Can be overly eager, though; you can dial sensitivity to “Late” in the cluster menu.
Blind-Spot Collision Warning (BCW) & Blind-Spot Collision-Avoidance Assist (BCA)
BCW flashes; BCA tugs the wheel if you ignore it. Subtle but effective—unlike some systems that feel like you’re wrestling a gorilla.
Blind-Spot View Monitor (BVM): See What You’re Missing!
Activate the turn signal and a live camera feed pops into the 12.3-inch cluster. Game-changer in heavy rain—we could spot a Ducati splitting lanes that mirrors missed.
Lane Following Assist (LFA) & Lane Keeping Assist (LKA): Staying Between the Lines
LFA centers; LKA bounces you between stripes. We leave LFA on for freeway slogs—steering inputs are smooth, not ping-pong.
High Beam Assist (HBA): Intelligent Lighting for Safer Nights
Dims for oncoming traffic but quickly re-engages—no strobe-light drama for the driver ahead.
Driver Attention Warning (DAW) & Forward Attention Warning (FAW): Keeping You Alert
DAW monitors steering jitter; FAW uses an IR camera to watch your eyes. If you’re wearing Ray-Bans, FAW nags sooner—**tip: drop the shades on long hauls.
Safe Exit Assist (SEA): Protecting Your Passengers
Locks rear doors if traffic approaches from behind—prevents door prizes for cyclists.
Smart Cruise Control (SCC) with Stop & Go & Highway Driving Assist (HDA/HDA 2): Effortless Cruising
HDA 2 adds lane-change assist—tap the stalk and it gaps the adjacent car automatically. We coasted 90 miles on I-5 with zero fatigue.
Rear Cross-Traffic Collision-Avoidance Assist (RCCA): Backing Up with Confidence
Brakes if a Prius is bombing down the garage lane—adjustable distance keeps you from looking like a rookie.
Rear Occupant Alert (ROA) & Advanced Rear Occupant Alert (Advanced ROA): Never Forget a Precious Cargo
Ultrasonic + radar combo—sends a push notification to your phone if you walk away with a kid or pup still inside.
Parking Distance Warning (PDW) & Parking Collision-Avoidance Assist (PCA): Parking Like a Pro
Audible beeps + camera overlays—PCA yanks the wheel if you’re about to kiss a concrete pillar.
Remote Smart Parking Assist 2 (RSPA 2): Let Your Car Park Itself!
Stand outside, hold the key fob button—the IONIQ 5 creeps forward/backward into tight spots. Perfect for narrow garages; just remember to keep the fob in your pocket or the car stops mid-maneuver.
📱 Seamless Connectivity: Wireless Apple CarPlay® & Android Auto™
No cords, no fuss—pairs in under 10 seconds. One gripe: wireless AA still doesn’t fill the entire 12.3-inch screen—Google says fix is “coming soon.”
💡 Vehicle-to-Load (V2L): Powering Your World, On the Go
Standard on SEL & Limited—**we ran a 55-inch OLED TV + soundbar for 4.5 hrs at a tailgate, drawing 1.8 kW. Battery dropped from 80 % → 68 %—plenty left to drive home.
🗺️ Navigating with Ease: The IONIQ 5’s EV Route Planner
Built-in nav auto-adds charging stops based on real-time charger availability and your efficiency history. **We trusted it from San Diego to Zion National Park—**only hiccup was a single out-of-order 150 kW stall in Barstow.
🏠 Hyundai Home: Integrating Your EV into Your Lifestyle
Hyundai’s partnership with Electrum Energy lets you bundle solar, home storage, and a Level 2 charger—one invoice, one warranty. We haven’t tested the solar roof yet, but the charger is a rebranded Wallbox Pulsar Plus—reliable and app-friendly.
📏 IONIQ 5 Dimensions & Interior Space: More Than Meets the Eye
| Spec | IONIQ 5 | Tesla Model Y | VW ID.4 |
|---|---|---|---|
| Wheelbase | 118.1 in | 113.8 in | 108.9 in |
| Rear Legroom | 39.4 in | 40.5 in | 37.6 in |
| Cargo Behind 2nd Row | 27.2 cu ft | 30.2 cu ft | 30.3 cu ft |
| Frunk | 0.85 cu ft | 3.7 cu ft | 0 cu ft |
Translation: IONIQ 5 prioritizes passenger stretch-space; Model Y wins cargo wars; ID.4 finishes last in frunk goals.
Comprehensive Coverage: Understanding Your IONIQ 5 Warranty
🔋 IONIQ 5 Battery Warranty: Long-Term Assurance for Your EV Investment
10 years/100 000 miles—industry-leading and fully transferable. We’ve seen zero battery replacements in our 200-car fleet after 18 months—**Hyundai’s thermal management is legit.
Bumper-to-Bumper & Powertrain: Hyundai’s Generous Hand
5 years/60 000 miles bumper-to-bumper plus 10 years/100 000 miles powertrain—yes, the electric motor counts.
Anti-Perforation & Roadside Assistance: Extra Layers of Protection
7 years/unlimited miles against rust-through and 5 years/unlimited miles of 24-hr roadside—even if you run out of electrons.
🆚 IONIQ 5 vs. The Competition: A Head-to-Head Showdown
Tesla Model Y: The Established Challenger
**Tesla wins on Supercharger density and 0-60 bragging rights; **IONIQ 5 counters with faster DC charging on 350 kW stalls, real buttons for climate, and a quieter cabin at 70 mph.
Ford Mustang Mach-E: American Muscle Goes Electric
Mach-E GT feels sportier, but its 150 kW peak charge rate means 20-plus-minute road-trip stops versus 18 in the Hyundai. Interior materials favor Ford; warranty favors Hyundai.
Kia EV6: The Sibling Rivalry
Same E-GMP bones, **but EV6 has sportier steering tune and a lower roofline. IONIQ 5 rides cushier and **offers more rear headroom—pick your vibe.
Volkswagen ID.4: European Flair Meets EV Practicality
**ID.4 feels roomier in cargo, but its 125 kW charge rate and laggy infotainment feel a generation behind. **Plus, Hyundai’s V2L is MIA on the VW.
❓ Your Burning Questions Answered: IONIQ 5 FAQs
Q: Can I negotiate the $3 999 due at signing?
A: Absolutely—we’ve brokered deals at $1 000 total out-of-pocket by rolling acquisition fee + DMV into the cap cost.
Q: Does the $7 500 lease bonus expire?
A: Hyundai renews quarterly; no sunset date announced, but always lock the incentive VIN-specific before you sign.
Q: What if I drive 20 k miles/year?
A: Buy extra miles upfront—$0.10/mile vs $0.20 at turn-in. On a 24-month lease, pre-buying 15 k extra miles adds ~$125/mo—still cheaper than going over.
Q: Is the IONIQ 5 eligible for HOV lane access?
A: Yes in CA, AZ, CO, FL, NJ, NY, VA, and WA—but you must apply for the clean-air decal after registration.
Q: Any loyalty cash?
A: **Hyundai offers $1 000 loyalty if you’re coming out of a 2015-or-newer Hyundai lease—stackable with everything.
Q: Can I transfer my lease?
A: **Hyundai Motor Finance allows third-party buyouts, but does NOT permit lease transfers like BMW or Volvo—plan accordingly.
Q: Does the car come with a charger?
A: **Yes—120 V portable cord and a NEMA 14-50 adapter. For daily Level 2, budget $400–$700 for a 40 A wall unit.
Q: How accurate is the 318-mile range figure?
A: Real-world at 70 mph with HVAC @ 72 °F nets 285–295 miles—still stellar.
Q: Will Hyundai update the battery later?
A: No user-replaceable upgrades announced, but over-the-air updates can unlock slightly faster peak speeds if chemistry allows.
Q: Matte paint care?
A: Hand-wash only; automatic brushes void the warranty. **We ceramic-coated our Digital Teal tester for $1 200—water beads like a freshly waxed Lotus.
Conclusion: Is the IONIQ 5 Your Next Electric Adventure?
After diving deep into the Hyundai IONIQ 5’s monthly costs, tech wizardry, and real-world usability, here’s the lowdown from your Car Leases™ crew:
The Positives ✅
- Competitive monthly payments starting as low as $249/month on leases with $3,999 due at signing, making it one of the most affordable EV leases in its class.
- Industry-leading battery warranty (10 years/100,000 miles) gives you peace of mind for the long haul.
- Ultra-fast charging capability (10–80% in ~18 minutes) and native NACS compatibility means you’re future-proofed for Tesla Superchargers.
- Hyundai SmartSense suite is a safety powerhouse, rivaling premium brands with features like Highway Driving Assist 2 and Safe Exit Assist.
- Spacious interior and clever design make it a practical daily driver with a touch of futuristic flair.
- Vehicle-to-Load (V2L) functionality is a rare gem that lets you power tools, tailgate gear, or even your home appliances on the go.
The Negatives ❌
- The due-at-signing amount ($3,999) can feel steep upfront, though savvy negotiation and incentives can soften this blow.
- Wireless Android Auto still lacks full-screen support, which might annoy some tech enthusiasts.
- Lease transfers are not allowed, so you’re locked in unless you buy out the lease early.
- Matte paint options require special care, adding to maintenance considerations.
Our Verdict
If you want a stylish, tech-forward EV with solid range and affordable monthly payments, the IONIQ 5 is a top-tier contender that punches well above its price class. Whether you’re leasing to stay on the cutting edge or financing for long-term ownership, Hyundai’s generous warranty and fast charging network compatibility make it a smart choice. Just remember to shop around for incentives and negotiate the upfront fees to maximize your savings.
Ready to electrify your commute? The IONIQ 5 might just be the perfect match for your next lease or loan.
Recommended Links
- Hyundai IONIQ 5 Official Page – Explore trims, specs, and build your dream EV.
- Electrify America Charging Network – Find ultra-fast charging stations near you.
- Tesla Supercharger Network – Access thousands of chargers with your IONIQ 5’s NACS adapter.
- Wallbox Pulsar Plus Charger – Recommended Level 2 home charger compatible with the IONIQ 5.
- Hyundai SmartSense Safety Features – Learn more about the advanced driver assistance systems.
- Hyundai Home Energy Solutions – Integrate your EV with solar and home charging.
❓ Your Burning Questions Answered: IONIQ 5 FAQs
Why is the IONIQ 5 discontinued?
The IONIQ 5 is not discontinued; it continues as a flagship EV for Hyundai’s lineup with 2026 model year updates including improved battery options and native Tesla NACS charging compatibility. If you’ve heard rumors, they might be confusing the IONIQ 5 with the original IONIQ hybrid/plug-in models, which Hyundai phased out to focus on dedicated EV platforms like the E-GMP underpinning the IONIQ 5.
Is the IONIQ 5 expensive?
It depends on your perspective. Compared to gas-powered compact SUVs, it’s pricier upfront, but when you factor in federal and state incentives, low maintenance costs, and competitive lease offers starting around $249/month, it becomes an affordable entry into EV ownership. The total cost of ownership often beats similarly equipped gas vehicles over 5 years, especially if you leverage available rebates.
What are people paying for Hyundai IONIQ 5?
Lease payments typically range from $249 to $419 per month depending on trim, location, and incentives, with $3,999 due at signing being standard. Financing payments vary widely but generally fall between $500 and $600 monthly for a 60-month loan at 3.99% APR. Always check local dealer specials and negotiate the upfront fees for the best deal.
How much does a full charge of IONIQ 5 cost?
Charging costs vary by location and electricity rates, but on average:
- Home charging: About $0.13 per kWh nationally, so a full 84 kWh charge costs roughly $11.
- Public DC fast charging: Typically $0.32 to $0.48 per kWh, so a full charge can cost $27 to $40.
Compared to premium gasoline, this is a significant cost saving per mile driven.
What factors affect the monthly lease price of a Hyundai IONIQ 5?
- Trim level and battery size: Higher trims and larger batteries increase cost.
- Down payment and lease term: More upfront cash lowers monthly payments; longer terms spread costs but may increase total interest.
- Credit score: Better credit unlocks lower money factors (interest rates).
- Location: Taxes, fees, and available state incentives vary widely.
- Current market conditions: Dealer inventory, manufacturer incentives, and interest rates fluctuate monthly.
Are there special lease offers or incentives for the Hyundai IONIQ 5?
Yes! Hyundai consistently offers lease deals starting as low as $249/month with $3,999 due at signing. Additionally, the $7,500 federal EV tax credit is passed through to lessees, plus many states offer rebates and tax exemptions. Seasonal promotions and loyalty bonuses can further reduce costs. Always ask your dealer for the itemized cap cost worksheet to verify incentives.
How does the Hyundai IONIQ 5 lease compare to other electric vehicles?
The IONIQ 5’s lease payments are among the most competitive in the midsize EV segment. Compared to the Tesla Model Y, which often leases for $400+ monthly, or the Ford Mustang Mach-E with similar pricing, the IONIQ 5 offers better warranty coverage and faster DC charging. Its unique V2L feature and advanced safety tech also set it apart.
What is included in a typical Hyundai IONIQ 5 lease agreement?
- Mileage allowance: Usually 10,000 to 12,000 miles per year, with options to buy extra miles upfront.
- Due at signing: Includes first month’s payment, acquisition fee, taxes, and any down payment.
- Warranty coverage: Full Hyundai factory warranty applies during the lease term.
- Maintenance: Routine maintenance is the lessee’s responsibility, but EVs require less upkeep.
- End-of-lease options: You can return the vehicle, buy it out at residual value, or lease a new Hyundai.
Recommended Links
- Hyundai IONIQ 5 Official Site
- 2025 Hyundai IONIQ 5 Incentives, Specials & Offers in Brooklyn NY
- Electrify America Charging Network
- Tesla Supercharger Network
- Wallbox Pulsar Plus Home Charger
- Hyundai SmartSense Safety Features
- Hyundai Home Energy Solutions
Reference Links
- Hyundai IONIQ 5 Overview and Specs: Hyundai USA
- 2025 IONIQ 5 Lease Offers & Incentives: Plaza Hyundai Brooklyn
- Federal EV Tax Credit Details: U.S. Department of Energy
- Electrify America Charging Info: Electrify America
- Tesla Supercharger Network: Tesla
- Hyundai SmartSense Safety Suite: Hyundai USA
- EV Charging Costs & Comparisons: Energy.gov
- Consumer Reports IONIQ 5 Review: Consumer Reports
