Hyundai USA still has 2023 Ioniq 5 EV compact SUVs sitting on dealership lots and is motivated to move them. According to reports manufacturer lease incentives have now hit $15,000 USD!
Prior to January 3rd, 2024 Hyundai was offering $7,500 lease cash on 2023 Ioniq 5’s. However starting January 3rd a second incentive began. Dealers are now being given a $7,500 Final Pay Incentive which Hyundai USA says can be stacked for $15,000 in savings. HMA Final Pay Incentive is essentially dealer cash which you won’t see advertised, and a dealership might not even tell you about which corporate is using to motivate dealerships to make deals on 2023 Ioniq 5 leases.
Whether the dealership owns up or not to the additional financial help from Hyundai USA, consumers should know they now have greater bargaining power on 2023 Ioniq 5 leases than ever before.
The stacked $15,000 of incentives ends January 31st 2024.