Hyundai IONIQ 5 lease starts at $359 per month as model ranks third in US EV sales
By Eve
The Hyundai IONIQ 5 was the third best selling EV in the United States through September, trailing only the Tesla Model Y and Model 3, according to sales data. The 2027 IONIQ 5 SE Standard Range is available to lease from $359 per month for 24 months with $4,999 due at signing, equating to an effective cost of $567 per month. Hyundai cut IONIQ 5 prices by up to nearly $10,000 on some trims after the $7,500 federal EV tax credit expired at the end of September last year, with the base model now starting at $35,250.
Why it matters
Aggressive lease pricing and post subsidy price cuts demonstrate how automakers are competing on affordability to drive EV adoption, which in turn shapes demand forecasts for charging infrastructure deployment. The IONIQ 5's sales success against rivals including the Chevy Equinox EV and Ford Mustang Mach E signals which vehicle platforms CPOs should prioritise in network planning and site selection.
Source
- Original title
- “Hyundai’s $359 IONIQ 5 lease looks good, but its bigger sibling may be a better buy”
- Published
- 23 October 2026
- Updated
- 24 October 2026
In this story
- Topic
- Electric Vehicles
- Place
- United States
- Tag
- Hyundai
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