Updated November 2026 · Offer source
vs rivals: Mitsubishi Outlander $627/mo · Toyota bZ Woodland $560/mo · Buick Envision $592/mo
Graded on true cost as a percent of MSRP, against other small SUVs. This lease is 1.37%. How we grade
How $699 becomes $818
- The ad says $699 a month, and it also asks for $4,999 at signing.
- $699 of that is your first payment. The other $4,300 is extra money that you pay up front.
- Spread across the 36 months of the lease, $4,300 is $119 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 N AWD MSRP $59,900 | $699 | $4,999 | 36 mo | $818 | C |
The math for the 2026 N
- Due at signing, with payment 1 in it
- $4,999
- 35 more payments of $699
- $24,465
- Total for 36 months
- $29,464
- True cost each month
- $818
- Cost for each mile, with 30,000 miles allowed
- $0.98
- Lease cash already in the payment
- $9,250
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
How the Hyundai Ioniq 5 N lease changed
Since October 12, 2026, the true cost stayed at $818 a month.
- October 12, 2026: $699/mo, $4,999 due, 36 mo
- $818
- October 17, 2026: $699/mo, $4,999 due, 36 mo
- $818
- October 31, 2026: $699/mo, $4,999 due, 36 mo
- $818
- November 5, 2026: $699/mo, $4,999 due, 36 mo
- $818
- November 11, 2026: $699/mo, $4,999 due, 36 mo
- $818
Each line is the best offer where most regions share it, on the day that we collected the offers.
How it ranks among small SUVs
The Hyundai Ioniq 5 N has the 41st lowest true cost of 41 small SUVs with an advertised lease this month. The lowest is the Mazda CX-30 at $316 a month.
The middle true cost in the class is $411 a month, and the Hyundai Ioniq 5 N costs $408 more. Each month it costs 1.37% of its MSRP, and the middle of the class is 1.33%.
Similar small SUVs
