Hyundai has lowered lease prices on the Ioniq 5 crossover and Ioniq 6 sedan by $50 a month, a week after Tesla slashed Model 3 and Model Y lease prices.
Hyundai is one again slashing lease prices on its Ioniq 5 and Ioniq 6 in the United States as the EV price war started by Tesla at the beginning of the year continues. The South Korean automaker cut Ioniq 5 and Ioniq 6 lease prices by $50 a month, according to a bulletin sent to dealers last weekend and seen by Cars Direct. This means monthly lease rates for the two E-GMP platform-based EVs are now at their lowest so far, starting at just $299 per month.
Factoring in Hyundai's latest EV lease price cuts, the Ioniq 6 is now $44 per month cheaper to lease than the Model 3, with an effective cost of $438 per month. This makes the Ioniq 6 cheaper to lease than a variety of EVs, including the 2023 Kia EV6 Wind and even economy hybrids like the 2023 Toyota Corolla Hybrid and 2023 Hyundai Elantra Hybrid . In addition to the lower lease prices, Hyundai is also offering better purchase incentives on both the Ioniq 5 and Ioniq 6.
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