Hyundai keeps IONIQ 5 EV leases affordable at just $189 a month
Hyundai is keeping one of the most affordable EV lease deals alive with the IONIQ 5 still available for just $189 a month through December.
It’s hard to find any vehicle available to lease for under $200 a month nowadays. The IONIQ 5 is not only one of the most affordable electric vehicles in the US, but also one of the most efficient, fastest-charging, and overall practical options if you’re looking to go electric.
After a major refresh for the 2025 model year, Hyundai’s electric SUV now features a driving range of up to 318 miles, a sharp new look inside and out, and a built-in NACS port so you can recharge at Tesla Superchargers.
Hyundai slashed prices on the 2026 model year by up to $9,800 to compensate for the loss of the federal tax credit, which expired at the end of September. It’s now one of the few EVs with a starting price under $35,000. Advertisement - scroll for more content
The Hyundai IONIQ 5 (Source: Hyundai)
Although many were worried the savings would disappear, Hyundai is keeping the deals alive with discounts across its entire EV lineup this December.
Hyundai is extending the $189-per-month IONIQ 5 lease offer through January 2, 2026. The deal is for the 2025 Hyundai IONIQ 5 SE Standard Range model with a driving range of 245 miles.
Hyundai IONIQ 5 Limited interior (Source: Hyundai)
You can still upgrade to the long-range SE RWD trim, with up to 318 miles of driving range, for just $199 per month. Or, if you’re really looking to get crazy, the souped-up XRT model is on sale for only $289 per month.
Hyundai’s lease offer is for 36 months with $3,999 due at signing. If you’re looking to finance, Hyundai is offering 0% APR financing for up to 60 months on all 2025 IONIQ 5 trims.
Hyundai IONIQ 5 TrimDriving Range (miles)2025 Starting Price2026 Starting Price*Price ReductionIONIQ 5 SE RWD Standard Range245$42,600$35,000($7,600)IONIQ 5 SE RWD318$46,650$37,500($9,150)IONIQ 5 SEL RWD318$49,600$39,800($9,800)IONIQ 5 Limited RWD318$54,300$45,075($9,225)IONIQ 5 SE Dual Motor AWD290$50,150$41,000($9,150)IONIQ 5 SEL Dual Motor AWD290$53,100$43,300($9,800)IONIQ 5 XRT Dual Motor AWD259$55,500$46,275($9,225)IONIQ 5 Limited Dual Motor AWD269$58,200$48,975($9,225)2025 vs 2026 Hyundai IONIQ 5 prices and range by trim
The 2026 Hyundai IONIQ 5 is listed for lease starting at $289 a month, or $299 for the longer-ranger SE RWD model.
Looking for something a little bigger? The IONIQ 9, Hyundai’s three-row electric SUV, is available to lease from $419 per month. The offer is also a 36-month lease, but with $4,999 due at signing.
If you’re thinking about going electric, Hyundai’s EV lineup is a great place to start, offering 300+ miles of driving range, sharp designs, and plenty of new tech. Ready to test drive one for yourself? Use the links below to find IONIQ 5, IONIQ 6, and IONIQ 9 models near you.
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