Unexpected next car option Hyundai Ioniq 5 N

[BlkGS]

Holy crap, 440 a month for the EV9? They're literally giving those away. That's like the Rivians, lol.

I'm curious what they thought it'd be worth after 2 years. It must be absurdly high residual with absurdly.low interest.

EDIT: These are discounted $15k in my market. I think the reason the lease is so cheap is they're able to claim the tax credit because the for whatever reason, leases have way less stringent requirements for the credit, which is BS.

[dfox]

Originally Posted by BlkGS

Holy crap, 440 a month for the EV9? They're literally giving those away. That's like the Rivians, lol.

I'm curious what they thought it'd be worth after 2 years. It must be absurdly high residual with absurdly.low interest.

EDIT: These are discounted $15k in my market. I think the reason the lease is so cheap is they're able to claim the tax credit because the for whatever reason, leases have way less stringent requirements for the credit, which is BS.

Our family commuter car is a loaded Ioniq5 on a lease, and I can confirm, their residual values are absolutely out of whack... 3 years and it was less than 10k loss in residual I believe. Pretty sure it's already lost 10K in the 5 months that we've had it. It was so cheap and I get free electricity at work, it's a no-brainer for our house. Keeps the stop-and-go miles off the other cars. And like the other guy, I have zero desire to own something in this rapidly changing landscape.