IONIQ 5 Lease Rises $10 To $319/Month This September — SkimNews
Get the Energy newsletter
Daily energy & climate — solar, EVs, oil, the policy fights and tech bets shaping the transition. Free.
- Hyundai IONIQ 5 leases start at $319 per month outside California for 24 months with $4,999 due at signing — $10 more than August's deal.
- Hyundai is offering 0% APR financing for up to 60 months (or 72 months on the SE RWD) with 0 payments for 90 days, plus up to a $3,000 discount and up to $5,000 in total savings outside California.
- California IONIQ 5 leases start at $329/month with $4,999 due at signing, and eligible buyers can stack an additional $3,500 MyFirstEV discount on top.
- The IONIQ 5 SE RWD runs just $10 more at $329/month but extends EPA-estimated range to 318 miles, versus 245 miles on the Standard Range model.
- The 2026 IONIQ 5 starts at $35,000 after Hyundai cut prices by nearly $10,000 on some trims following the expiration of the $7,500 federal EV tax credit, and was the best-selling EV in the US outside of a Tesla model in H1 2026.
- Hyundai's deal beats the Toyota bZ at an effective $559/month and the Tesla Model Y RWD at $615/month, though the new Kia EV3 Wind leases cheaper at an effective $460/month — but is smaller, charges slower, and offers less interior space.
Why it matters: At an effective $527/month, the IONIQ 5 is $32/month cheaper than the Toyota bZ and $88/month cheaper than the Tesla Model Y RWD — meaningful savings for budget EV shoppers, though the cheaper $460/month Kia EV3 now pressures Hyundai on entry-level pricing.
Ask SkimNews
