Hyundai’s $359 IONIQ 5 lease looks like a deal, but don’t overlook its bigger sibling — SkimNews
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- Hyundai IONIQ 5 starts at $35,250 with up to 245 EPA-estimated miles; its 24-month lease is $359 a month with $4,999 due at signing, an effective $567, while the extended-range SE RWD starts at $37,750, offers up to 318 miles and leases at $369, or $577 effective.
- Hyundai IONIQ 9 starts at $58,955—nearly $24,000 above the base IONIQ 5—and leases for $419 a month over 36 months with $4,999 due at signing, for an effective $557 monthly.
- Hyundai IONIQ 5 is about $412 a month on a 36-month lease with $4,999 due at signing, an effective $550—only $7 below the IONIQ 9 on the same term.
- Hyundai IONIQ 9 provides up to 335 miles of EPA-estimated range, three rows and six- or seven-seat layouts, with 163.54 cubic feet of passenger volume versus 106.5 for the IONIQ 5.
- Tesla Model Y RWD is listed at $499 a month for 36 months with $3,000 down and up to 321 miles; matching the IONIQ 5’s 24-month term and $4,999 upfront produces a $549 monthly payment.
- Hyundai IONIQ 5 ranked third among U.S. EV sales through September, behind the Tesla Model Y and Model 3, and outsold the Chevy Equinox EV, Ford Mustang Mach-E and Toyota bZ.
- Hyundai cut IONIQ 5 prices by up to nearly $10,000 on some trims after the $7,500 federal EV tax credit expired at the end of September last year; the current offers expire November 30, 2026.
Why it matters: For U.S. EV shoppers, the IONIQ 9 offers up to 335 miles of EPA-estimated range, three rows and 163.54 cubic feet for an effective $557 monthly—only $7 more than the IONIQ 5 over 36 months. The bigger Hyundai therefore better serves buyers who need the space.
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