Hyundai Cuts EV Lease Prices To Lowest Till Date At $229 Amid Growing Market Competition

Hyundai Cuts EV Lease Prices To Lowest Till Date At $229 Amid Growing Market Competition

Grand News Network / October 18, 2023 10:01 AM

South Korean automaker Hyundai (OTC:HYMTF) has announced a reduction in lease rates on its IONIQ 5 and IONIQ 6 electric vehicles (EVs), offering some of the lowest rates since their launch.

According to a report by Electrek on Monday, Hyundai is dropping the lease prices of these vehicles by $50 monthly, which now starts at approximately $229 per month, the lowest offer to date.

Details on Hyundai’s website show that the 2023 Hyundai IONIQ 6 SE standard range can be leased for as low as $229 per month with $5,006 due at signing. On the other hand, the IONIQ 6 SE is available for $299 per month, with $4,999 due.

See Also: Rivian CEO RJ Scaringe Reveals Big Question Jeff Bezos Had Before Amazon Picked Up Stake In EV Startup: ‘Do We Understand The Chessboard?

The IONIQ 5 SE is available for lease at $299 per month with $5,159 down, while the IONIQ 5 SEL can be leased at $414 a month with ...

Full story available on Benzinga.com


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