Hyundai’s $359 IONIQ 5 lease looks good, but its bigger sibling may be a better buy — SkimNews
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- Hyundai offers the 2027 IONIQ 5 SE Standard Range for lease at $359 per month with $4,999 due at signing on a 24-month term, equating to an effective cost of $567 per month.
- Hyundai leases the extended-range IONIQ 5 SE RWD for $369 monthly with $4,999 due at signing over 24 months, resulting in an effective cost of $577 per month.
- Hyundai makes the three-row IONIQ 9 available for $419 per month with $4,999 due at signing on a 36-month lease, yielding an effective cost of $557 per month.
- IONIQ 9 offers up to 335 miles of EPA-estimated range on the base SE trim, exceeding the 318-mile maximum of the extended-range IONIQ 5 SE RWD.
- IONIQ 5 provides up to 106.5 cubic feet of passenger volume, while the IONIQ 9 offers up to 163.54 cubic feet due to its third row, supporting six- or seven-seat configurations.
- Hyundai builds both the IONIQ 5 and IONIQ 9 at its Metaplant America facility near Savannah, Georgia, where electric SUVs are attracting more new buyers than gas or hybrid models.
- IONIQ 5 had a 69.8% conquest rate in 2023, drawing buyers from other brands, while the IONIQ 9 achieved a 64.3% conquest rate.
Why it matters: For families needing extra space and range, the IONIQ 9’s lower effective monthly cost over a longer lease term makes it a smarter financial choice than the smaller IONIQ 5, despite its nearly $24,000 higher starting price, reshaping value perceptions in Hyundai’s EV lineup.
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