Hyundai offers 601hp supercar power through a special lease deal costing under $700 a month
Published on Oct 25, 2026 at 2:00 PM (UTC-4)
by Ben Thompson
Last updated on Oct 25, 2026 at 2:00 PM (UTC-4)
Edited by
Mason Jones
Hyundai is offering up 601hp in supercar power through a lease deal that will cost you less than $700 a month.
Many people have been impressed with the Hyundai Ioniq 5 N, not least of all because of how affordable it is.
But now there’s another element to further sweeten the deal.
You could lease it for just $699 a month.
The Hyundai Ioniq 5 has been impressing all of us
The Hyundai Ioniq 5 has been widely praised in the years since it was released.
It’s been a mainstay in online comparison tests, whether that’s racing a Lamborghini Aventador or taking on other EVs in a range test.
It’s also been responsible for some of the most rogue tests possible – like cooking omelets on the roadside, for example.
The Ioniq 5 N is the track-focused variant, capable of hitting 60mph in 3 seconds.
As if all of that wasn’t enough of an endorsement, there’s now some great lease offers up for grabs.
Fancy leasing it for under $700? Now you can
There are several offers available for the Ioniq 5 N, but one particular deal seems particularly appealing.
How does $699 per month for three years sound?
That would include $4,999 at lease signing.
At the end of the lease, there’s the purchase price of $32,006, with a purchase option of $300.
All in all, this would add up to $61,770 – just shy of $2,000 above the MSRP of $59,900, CarBuzz noted.
So it does work for those who want the Hyundai Ioniq 5 N experience, but don’t have the dough to pay for it outright.
Is there a catch to this lease?
There is a catch, and it is something of a doozy – this is only available to ‘qualified customers’.
What exactly makes someone a ‘qualified customer’? An spotless credit, we have to imagine.
Not everybody can benefit from the $699-a-month lease.
Fortunately, there’s other offers up for grabs, including a 1.9 percent APR financing deal which would save customers $7,000.
But again, this deal is only available for ‘qualified customers’.
There is a backup option that’s available for most people, and here’s how it looks.
When financing through Hyundai Finance, buyers can save themselves $3,000 on any Ioniq 5.
Cash must be put forward as a down payment, and the offer may be combined with other incentives.
There’s no guarantee that this deal will be available to absolutely everybody, but it’s certainly more accessible than the other two.
Timeline of the Hyundai Ioniq 5
September 2019: The 45 EV Concept gets its big reveal at the Frankfurt Motor Show.
February 2021: Global reveal, marking the debut model built on Hyundai Motor Group’s E-GMP (Electric-Global Modular Platform).
Mid-to-late 2021: Deliveries begin across South Korea and Europe.
April 2022: Sweeps the World Car Awards at the New York International Auto Show, winning World Car of the Year, World Electric Vehicle of the Year, and World Car Design of the Year.
July 2023: The Ioniq 5 N is revealed at Goodwood Festival of Speed.
March 2024: A mid-cycle facelift is announced, where the battery capacity is upgraded.
Late 2024 – 2026: The refreshed Ioniq 5 lineup expands across North American, European, and Asian markets.
Ben joined Supercar Blondie in February 2025 after being published by international organizations including LADbible, The Sun, the New York Post, and the Daily Mail. He covers supercars, rare and collectible vehicles, aviation, luxury assets, and the fascinating people behind them. His reporting has explored everything from seven-figure supercars and historic Ferrari collections to unusual aircraft adventures and extraordinary automotive discoveries from around the world. Ben has also gained first-hand insight into vehicle craftsmanship and customization, including visiting specialist workshops to see bespoke vehicles up close.
