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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.

What EV deals does Hyundai offer in 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.

Hyundai-IONIQ-5-EV-lease-deal
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-interior
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 Trim Driving Range (miles) 2025 Starting Price 2026 Starting Price* Price Reduction
IONIQ 5 SE RWD Standard Range 245 $42,600 $35,000 ($7,600)
IONIQ 5 SE RWD 318 $46,650 $37,500 ($9,150)
IONIQ 5 SEL RWD 318 $49,600 $39,800 ($9,800)
IONIQ 5 Limited RWD 318 $54,300 $45,075 ($9,225)
IONIQ 5 SE Dual Motor AWD 290 $50,150 $41,000 ($9,150)
IONIQ 5 SEL Dual Motor AWD 290 $53,100 $43,300 ($9,800)
IONIQ 5 XRT Dual Motor AWD 259 $55,500 $46,275 ($9,225)
IONIQ 5 Limited Dual Motor AWD 269 $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.


Author: Peter Johnson
Source: Electrek
Reviewed By: Editorial Team

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