Hyundai Lease Deals July 2026: Every Model Ranked
Hyundai Motor Finance rebuilt its July 2026 program: money factors reset to a 0.0024 wall (5.76% APR) and the savings moved into Lease Cash. The Tucson SE FWD drops ~$44/month to ~$321. Santa Fe Calligraphy picks up a 3.31% APR rate subsidy, the Palisade SEL AWD falls to 4.85% APR, and the Sonata SEL Sport AWD jumps to 6.19% APR.
Hyundai Motor Finance rebuilt the July program from the rate up. June's deep money-factor subsidies are gone: the Palisade Limited AWD's 0.0009 (2.16% APR) and the sub-0.002 Tucson Hybrid and PHEV rates all reset to a 0.0024 wall (5.76% APR). Hyundai moved that money into Lease Cash instead, and the payoff shows up at the bottom of the lineup: the Tucson SE FWD is ~$44/month cheaper than June at ~$321, even though its rate went up.
Three things changed in July. First, the money factor reset. Nearly every ICE and hybrid trim climbed to 0.0024 (5.76% APR), erasing June's rate breaks. Second, Lease Cash surged to cover it, heaviest on the Tucson, Santa Fe, IONIQ 5, and IONIQ 9. Third, two new pockets of subsidy opened: the Santa Fe Calligraphy now runs 3.31% to 3.65% APR (the lowest rate in the lineup) and the Palisade SEL AWD dropped to 4.85% APR. One trim went the wrong way. The Sonata SEL Sport AWD jumped to 6.19% APR, the highest rate Hyundai charges this month.
~$321
Tucson SE FWD / mo
~$44/mo cheaper than June
3.31%
Santa Fe Calligraphy AWD APR
New low rate, MF 0.00138
$18,000
IONIQ 9 SE AWD Lease Cash
Largest incentive, up from $15,500
0.0024
Wall Rate on most trims
5.76% APR, up from June subsidies
July 2026 Lineup: Rates Reset, Cash Covers the Gap
The story this month is the same across almost the whole lineup. Money factors climbed to the 0.0024 wall (5.76% APR), and Lease Cash rose to offset the rate. On the trims where the cash increase outran the rate hike, the payment fell. On the trims where it didn't, the payment held or crept up. Two families break the pattern with real rate subsidies: the Santa Fe Calligraphy (3.31% to 3.65% APR) and the Palisade SEL AWD (4.85% APR).
| Model | Best MF (36mo) | Best APR | Best RV (12K) | Max Lease Cash | Verdict |
|---|---|---|---|---|---|
| Tucson | 0.00233 | 5.59% | 62% | $5,500 | SE FWD: best value |
| Tucson Hybrid | 0.00237 | 5.69% | 65% | $3,250 | Big cash gains |
| Tucson PHEV | 0.00235 | 5.64% | 65% | $5,000 | SEL: ~$415 |
| Elantra | 0.0023 | 5.52% | 66% | $2,750 | SE: ~$276 |
| Elantra Hybrid | 0.00227 | 5.45% | 64% | $2,000 | Blue: ~$326 |
| Kona | 0.00227 | 5.45% | 62% | $3,250 | SE FWD: ~$307 |
| Venue | 0.0023 | 5.52% | 57% | $500 | Weak RV, low cash |
| Sonata | 0.00231 | 5.54% | 62% | $2,750 | Avoid SEL Sport AWD |
| Sonata Hybrid | 0.00235 | 5.64% | 60% | $3,000 | Blue: ~$413 |
| Santa Fe | 0.00138* | 3.31%* | 64% | $5,000 | SE FWD: ~$416 |
| Santa Fe Hybrid | 0.00232 | 5.57% | 63% | $4,000 | SE FWD: ~$421 |
| Santa Cruz | 0.00231 | 5.54% | 61% | $1,250 | SE FWD: ~$415 |
| Palisade | 0.00202 | 4.85% | 68% | $4,250 | SEL AWD: best value |
| Palisade Hybrid | 0.0023 | 5.52% | 68% | $750 | Residual play, low cash |
| IONIQ 5 | 0.00233 | 5.59% | 54% | $9,750 | Heavy cash, low RV |
| IONIQ 9 | 0.00233 | 5.59% | 57% | $18,000 | S RWD: ~$486 |
MF x 2400 = approximate APR. Best MF is the lowest available for that model. Pre-tax, 36mo/12K, Northeast region. Data: Hyundai Motor Finance, July 2026. *Santa Fe's 0.00138 belongs to the Calligraphy AWD, which pairs the rate subsidy with a 61% residual.
Tucson: SE FWD Drops ~$44/mo on $4,500 Cash
The Tucson SE FWD is the standout mover this month. Lease Cash climbed to $4,500, and even though the money factor rose to 0.0024 (5.76% APR), the extra cash pulls the payment down to ~$321/month on the $31,050 base trim. That is roughly $44/month cheaper than June.
The cash increase runs across the whole Tucson tree. The Limited AWD carries the most support at $5,500 and drops ~$37/month to ~$491. The XRT AWD holds $4,750 and falls ~$38/month to ~$402. Every Tucson gained cash in July, so every Tucson is cheaper than it was in June despite the higher rate.
| Tucson Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $31,050 | 0.0024 | 5.76% | 61% | ~$321 |
| SEL FWD | $32,400 | 0.00235 | 5.64% | 61% | ~$353 |
| SE AWD | $32,550 | 0.00233 | 5.59% | 60% | ~$363 |
| SEL AWD | $33,900 | 0.00233 | 5.59% | 62% | ~$373 |
| XRT FWD | $35,075 | 0.00241 | 5.78% | 59% | ~$383 |
| XRT AWD | $36,575 | 0.00238 | 5.71% | 60% | ~$402 |
| Limited FWD | $41,025 | 0.0024 | 5.76% | 62% | ~$472 |
| Limited AWD | $42,525 | 0.0024 | 5.76% | 58% | ~$491 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $4,500; SEL FWD $4,000; SE AWD $4,000; SEL AWD $3,750; XRT FWD $5,000; XRT AWD $4,750; Limited FWD $4,000; Limited AWD $5,500). Data: Hyundai Motor Finance, July 2026. The SEL Plus and SEL Premium sub-trims are on the July sheet but are omitted here.
Tucson SE FWD: June → July
June ~$365/mo to July ~$321/mo. That's ~$44/month cheaper, driven by Lease Cash rising to $4,500 while the rate moved up to 0.0024. Cash won the trade.
Verdict: Tucson
Lease the SE FWD at ~$321/month. It is the biggest month-over-month drop in the lineup, and $4,500 in Lease Cash makes it a standout compact-SUV value. If you need AWD, the SEL AWD at ~$373/month pairs the lower 0.00233 rate with a 62% residual.
Tucson Hybrid: Cash Doubles, Payments Fall
The Tucson Hybrid lost June's sharp money factors (the SEL was 0.00201 last month) but gained a lot of cash. The Blue SE now carries $3,250 Lease Cash at 0.00237 (5.69% APR), landing at ~$389/month, about $15 cheaper than June. Every trim in the family is cheaper than it was.
The biggest drop is the SEL Convenience. Cash went from $0 to $2,250, cutting ~$30/month off the payment to ~$428 even as the rate reset to 0.0024. The SEL falls ~$22/month and the Limited ~$20/month on the same cash-for-rate swap.
| Tucson Hybrid Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| Blue SE | $33,800 | 0.00237 | 5.69% | 62% | ~$389 |
| SEL | $34,900 | 0.00238 | 5.71% | 63% | ~$404 |
| SEL Convenience | $36,250 | 0.0024 | 5.76% | 65% | ~$428 |
| Limited | $49,900 | 0.0024 | 5.76% | 62% | ~$630 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (Blue SE $3,250; SEL $3,000; SEL Convenience $2,250; Limited $3,000). Data: Hyundai Motor Finance, July 2026.
Verdict: Tucson Hybrid
Blue SE at ~$389/month is the value pick and the payment floor. If you want the 65% residual and more content, the SEL Convenience at ~$428/month is the best move up, and it took the largest cut in the family this month.
Tucson PHEV: SEL Falls ~$22/mo on $5,000 Cash
The Tucson Plug-In Hybrid traded June's 0.00192 to 0.00215 rates for the wall, but the cash more than doubled on the SEL. At $5,000 Lease Cash and 0.00236 (5.66% APR), the SEL lands at ~$415/month, about $22 cheaper than June. The Limited holds flat at ~$547 with $4,750 cash.
| Tucson PHEV Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SEL | $41,570 | 0.00236 | 5.66% | 65% | ~$415 |
| Limited | $49,795 | 0.00235 | 5.64% | 64% | ~$547 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SEL $5,000; Limited $4,750). Data: Hyundai Motor Finance, July 2026.
Verdict: Tucson PHEV
The SEL at ~$415/month is the pick. It carries the best combination of cash, rate, and the 65% residual, and it is a plug-in for the price of a base gas Santa Fe. The $8,225 MSRP jump to the Limited adds about $132/month you cannot justify.
Elantra: SE Holds at ~$276, the Cheapest Lease Hyundai Sells
The Elantra SE is still the lowest payment in the lineup at ~$276/month. Lease Cash rose to $2,750 and the rate sits at 0.0023 (5.52% APR), so the payment is essentially flat versus June. No other Elantra trim gets meaningful support: the SEL Sport has $1,250, and everything above it runs $250 to $500.
| Elantra Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE IVT | $23,870 | 0.0023 | 5.52% | 59% | ~$276 |
| SEL Sport IVT | $24,995 | 0.00231 | 5.54% | 61% | ~$326 |
| SEL Sport Premium IVT | $26,320 | 0.00241 | 5.78% | 66% | ~$346 |
| Limited IVT | $28,420 | 0.00245 | 5.88% | 65% | ~$376 |
| N-Line | $30,645 | 0.00243 | 5.83% | 66% | ~$405 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE $2,750; SEL Sport $1,250; SEL Sport Premium $250; Limited $500; N-Line $250). Data: Hyundai Motor Finance, July 2026.
Verdict: Elantra
The SE at ~$276/month is the only Elantra worth leasing, and it is the cheapest lease Hyundai sells. The $50/month jump to the SEL Sport buys a slightly higher residual and little else. If you want more car for the money, step to the Elantra Hybrid Blue.
Elantra Hybrid: Blue Gets $2,000 Cash
The Elantra Hybrid Blue pairs $2,000 Lease Cash with a 0.00242 (5.81% APR) rate and a 62% residual, landing at ~$326/month. The SEL Sport actually carries the lower rate at 0.00227 (5.45% APR), the best money factor in the compact class this month, but half the cash keeps it at ~$367.
| Elantra Hybrid Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| Blue | $26,695 | 0.00242 | 5.81% | 62% | ~$326 |
| SEL Sport | $27,425 | 0.00227 | 5.45% | 61% | ~$367 |
| Limited | $31,045 | 0.0024 | 5.76% | 64% | ~$425 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (Blue $2,000; SEL Sport $1,000; Limited $250). Data: Hyundai Motor Finance, July 2026.
Verdict: Elantra Hybrid
Blue at ~$326/month is the sensible lease. The SEL Sport's 0.00227 rate is the sharpest in the family, but the cash gap keeps the Blue about $41/month cheaper. Take the cash.
Kona: Cash Concentrated at the SE Trims
The Kona keeps its cash at the entry point. The SE FWD holds $3,250 Lease Cash at 0.00234 (5.62% APR), landing at ~$307/month. The SE AWD adds AWD for ~$21/month at ~$328. Both are essentially flat versus June.
Move up and the support thins fast. The SEL Sport FWD and AWD slot in at ~$330 and ~$350, and the SEL Sport AWD carries the lowest rate in the family at 0.00227 (5.45% APR). The SEL Premium AWD's rate went up to 0.00234 (a small ~$1/month bump) and the Limited FWD's cash increase still left it ~$8/month higher on a rate reset to 0.0024.
| Kona Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $25,500 | 0.00234 | 5.62% | 56% | ~$307 |
| SE AWD | $27,000 | 0.00242 | 5.81% | 58% | ~$328 |
| SEL Sport FWD | $26,825 | 0.00235 | 5.64% | 58% | ~$330 |
| SEL Sport AWD | $28,325 | 0.00227 | 5.45% | 59% | ~$350 |
| SEL Premium FWD | $28,425 | 0.00237 | 5.69% | 60% | ~$363 |
| SEL Premium AWD | $29,925 | 0.00234 | 5.62% | 62% | ~$377 |
| Limited FWD | $32,535 | 0.0024 | 5.76% | 60% | ~$434 |
| Limited AWD | $34,035 | 0.00239 | 5.74% | 62% | ~$446 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $3,250; SE AWD $3,000; SEL Sport FWD $2,750; SEL Sport AWD $2,500; SEL Premium FWD $2,000; SEL Premium AWD $1,750; Limited FWD $1,750; Limited AWD $1,500). Data: Hyundai Motor Finance, July 2026. SEL Sport FWD and AWD had no NJ/36-month cell in the June pull, so no month-over-month change is shown for those two.
Verdict: Kona
SE FWD at ~$307/month is the play, and the SE AWD at ~$328/month is a cheap way into all-wheel drive. Past the SE trims the cash drops and the payments climb faster than the content. Stay at the entry.
Venue: Cheap Sticker, Weak Residual
The Venue's low MSRPs keep the absolute payment down, but a 56% to 57% residual means you finance most of the car's depreciation. The SE lands at ~$345/month and the SEL at ~$365. The SEL w/Two-Tone Roof is the trim to skip: it holds a 0.00245 (5.88% APR) penalty rate, a 55% residual, and $0 cash.
| Venue Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE | $22,150 | 0.00237 | 5.69% | 56% | ~$345 |
| SEL | $24,425 | 0.0023 | 5.52% | 57% | ~$365 |
| SEL w/Two-Tone Roof | $24,200 | 0.00245 | 5.88% | 55% | ~$394 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE $250; SEL $500; SEL w/Two-Tone Roof $0). Data: Hyundai Motor Finance, July 2026.
Verdict: Venue
The SEL at ~$365/month is the best of a thin set. Never lease the Two-Tone Roof variant: a 0.00245 rate and 55% residual is a double penalty. If you want the lowest real payment, the Elantra SE at ~$276/month is a far better lease with a stronger residual.
Sonata: SE FWD Value, SEL Sport AWD Penalty
The Sonata SE FWD holds $2,750 Lease Cash at 0.0024 (5.76% APR), landing at ~$359/month. The trap is one trim up. The SEL Sport AWD carries a 0.00258 money factor, a 6.19% APR, the single highest rate in the entire Hyundai July lineup. Even with $2,250 cash it lands at ~$431.
| Sonata Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $29,050 | 0.0024 | 5.76% | 59% | ~$359 |
| SEL Sport FWD | $30,750 | 0.00231 | 5.54% | 59% | ~$410 |
| SEL Sport AWD | $32,250 | 0.00258 | 6.19% | 59% | ~$431 |
| N-Line FWD | $37,650 | 0.0024 | 5.76% | 62% | ~$529 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $2,750; SEL Sport FWD $1,750; SEL Sport AWD $2,250; N-Line FWD $500). Data: Hyundai Motor Finance, July 2026.
Verdict: Sonata
Lease the SE FWD at ~$359/month, or the SEL Sport FWD at ~$410 if you want the 0.00231 rate. Do not lease the SEL Sport AWD. At 6.19% APR it is the worst rate Hyundai charges this month, and you pay ~$21/month more than the FWD for it.
Sonata Hybrid: SEL Gets $3,000 Cash, Loses Its Residual
The Sonata Hybrid Blue holds $1,250 cash at 0.00235 (5.64% APR) and a 60% residual, landing at ~$413/month. The SEL got a big cash bump to $3,000, but its residual dropped to 54%, so the payment still lands at ~$462. The extra depreciation eats most of the cash.
| Sonata Hybrid Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| Blue | $30,295 | 0.00235 | 5.64% | 60% | ~$413 |
| SEL | $33,545 | 0.0024 | 5.76% | 54% | ~$462 |
| Limited | $38,250 | 0.0024 | 5.76% | 59% | ~$544 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (Blue $1,250; SEL $3,000; Limited $1,250). Data: Hyundai Motor Finance, July 2026.
Verdict: Sonata Hybrid
Blue at ~$413/month is the pick. The SEL's $3,000 cash looks tempting, but the 54% residual is the weakest in the family and pushes the payment ~$49/month higher. Pay for the residual, not the cash.
Santa Fe: SE FWD on $5,000 Cash, Calligraphy Gets the Rate Subsidy
The Santa Fe SE FWD carries the most cash in its class at $5,000 Lease Cash. At 0.0024 (5.76% APR) it lands at ~$416/month, about $22 cheaper than June. That is a lot of mid-size SUV for the money.
The surprise is at the top. Hyundai moved a rate subsidy onto the Calligraphy: the Calligraphy AWD runs 0.00138 (3.31% APR) and the FWD 0.00152 (3.65% APR), the two lowest money factors in the whole lineup. The catch is a 61% residual and almost no cash, so the payments still land at ~$666 and ~$646. It is a rate play, not a cheap lease.
| Santa Fe Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $36,650 | 0.0024 | 5.76% | 58% | ~$416 |
| SE AWD | $38,450 | 0.0024 | 5.76% | 64% | ~$491 |
| SEL FWD | $39,190 | 0.0024 | 5.76% | 61% | ~$501 |
| SEL AWD | $40,990 | 0.0024 | 5.76% | 60% | ~$530 |
| XRT AWD | $43,640 | 0.0024 | 5.76% | 60% | ~$569 |
| Limited 7P FWD | $46,200 | 0.0024 | 5.76% | 58% | ~$609 |
| Limited 7P AWD | $48,000 | 0.0024 | 5.76% | 58% | ~$629 |
| Calligraphy FWD | $49,200 | 0.00152 | 3.65% | 61% | ~$646 |
| Calligraphy AWD | $51,000 | 0.00138 | 3.31% | 61% | ~$666 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $5,000; SE AWD $1,500; SEL FWD $2,500; SEL AWD $2,750; XRT AWD $2,750; Limited FWD $3,500; Limited AWD $3,750; Calligraphy FWD $250; Calligraphy AWD $0). Limited 6P prices match the 7P shown. Data: Hyundai Motor Finance, July 2026.
Verdict: Santa Fe
Lease the SE FWD at ~$416/month. It has the most cash and the lowest payment in a roomy mid-size SUV. The Calligraphy's 3.31% APR is real and headline-worthy, but the thin residual and zero cash keep the payment at ~$666. Chase that rate only if you were buying the top trim anyway.
Santa Fe Hybrid: SE FWD Drops ~$24/mo on $4,000 Cash
The Santa Fe Hybrid SE FWD is one of the bigger movers this month. Lease Cash jumped to $4,000, and at 0.00236 (5.66% APR) the payment falls to ~$421/month, about $24 cheaper than June. The SE AWD and SEL trims all came down a few dollars on the same cash gains.
| Santa Fe Hybrid Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $36,400 | 0.00236 | 5.66% | 60% | ~$421 |
| SE AWD | $37,750 | 0.0024 | 5.76% | 60% | ~$489 |
| SEL FWD | $38,500 | 0.0024 | 5.76% | 59% | ~$502 |
| SEL AWD | $39,850 | 0.0024 | 5.76% | 63% | ~$528 |
| Limited FWD | $47,050 | 0.0024 | 5.76% | 62% | ~$634 |
| Limited AWD | $49,050 | 0.00239 | 5.74% | 61% | ~$667 |
| Calligraphy FWD | $52,500 | 0.00232 | 5.57% | 60% | ~$710 |
| Calligraphy AWD | $54,500 | 0.0024 | 5.76% | 62% | ~$742 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $4,000; SE AWD $2,500; SEL FWD $2,750; SEL AWD $1,250; Limited FWD $1,500; Limited AWD $1,750; Calligraphy FWD $2,250; Calligraphy AWD $1,500). Limited 6P prices match the 7P shown. Data: Hyundai Motor Finance, July 2026.
Verdict: Santa Fe Hybrid
SE FWD at ~$421/month is the value pick and the biggest hybrid drop this month. If you need AWD and the 63% residual, the SEL AWD at ~$528/month is the smart step. The Calligraphy trims cross into ~$710 and up, where the payment stops making sense for the badge.
Santa Cruz: Cash Rose, Payments Eased
The Santa Cruz picked up cash across the board in July, so most trims are cheaper than June even as the rates reset. The SE FWD holds at ~$415/month with $1,250 cash. The SE AWD dropped ~$14/month to ~$450, and the SEL Activity trims each fell ~$14 to ~$15 on new cash. The XRT AWD carries $0 cash, so it stays the priciest option at ~$637.
| Santa Cruz Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $30,995 | 0.00235 | 5.64% | 61% | ~$415 |
| SE AWD | $33,495 | 0.00231 | 5.54% | 61% | ~$450 |
| SEL FWD | $33,000 | 0.00238 | 5.71% | 60% | ~$470 |
| SEL AWD | $35,500 | 0.00231 | 5.54% | 61% | ~$494 |
| SEL Activity FWD | $36,050 | 0.0024 | 5.76% | 57% | ~$529 |
| SEL Activity AWD | $38,550 | 0.0024 | 5.76% | 59% | ~$564 |
| XRT AWD | $42,950 | 0.00232 | 5.57% | 60% | ~$637 |
| Limited AWD | $44,945 | 0.0024 | 5.76% | 60% | ~$642 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $1,250; SE AWD $1,250; SEL FWD $750; SEL AWD $750; SEL Activity FWD $1,250; SEL Activity AWD $750; XRT AWD $0; Limited AWD $1,000). Data: Hyundai Motor Finance, July 2026.
Verdict: Santa Cruz
SE FWD at ~$415/month and SE AWD at ~$450/month are the only lease-rational trims, and both improved this month. Above the SE tier the residuals soften and the XRT AWD carries no cash. If you want the pickup, stay at the SE.
Palisade: The Rate Subsidy Moved to SEL AWD
June's deep subsidy sat on the Palisade Limited AWD at 0.0009. In July it moved. The SEL 7P and 8P AWD now run 0.00202 (4.85% APR), the sharpest rate in the three-row class, on top of a strong 68% residual. Cash dropped to $0 on those trims, so the payment holds at ~$547, but that is a genuine rate deal on a $44,535 SUV.
The rest of the lineup reset to 0.0024 and leaned on cash. The Limited FWD picked up $3,000 and the Calligraphy AWD carries the most at $4,250. The 68% residual on the SEL trims keeps the whole family's depreciation contained.
| Palisade Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE FWD | $41,035 | 0.00239 | 5.74% | 66% | ~$520 |
| SE AWD | $42,035 | 0.0024 | 5.76% | 66% | ~$527 |
| SEL 7P/8P FWD | $43,035 | 0.0024 | 5.76% | 68% | ~$533 |
| SEL 7P/8P AWD | $44,535 | 0.00202 | 4.85% | 68% | ~$547 |
| SEL Premium 7P/8P FWD | $46,900 | 0.0024 | 5.76% | 66% | ~$600 |
| Limited FWD | $51,370 | 0.0024 | 5.76% | 63% | ~$638 |
| Limited AWD | $54,470 | 0.0024 | 5.76% | 67% | ~$672 |
| Calligraphy FWD | $56,160 | 0.0024 | 5.76% | 64% | ~$677 |
| Calligraphy AWD | $59,260 | 0.0024 | 5.76% | 63% | ~$713 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE FWD $1,000; SE AWD $1,250; SEL 7P/8P FWD $750; SEL 7P/8P AWD $0; SEL Premium 7P/8P FWD $1,000; Limited FWD $3,000; Limited AWD $1,500; Calligraphy FWD $3,500; Calligraphy AWD $4,250). 7P and 8P share MSRP and program. Data: Hyundai Motor Finance, July 2026. The SEL Convenience, SEL Premium AWD, and XRT Pro AWD are on the July sheet but omitted here.
Verdict: Palisade
The SEL 7P/8P AWD is the definitive pick at ~$547/month. It pairs the lineup's rate subsidy (4.85% APR) with a 68% residual, so you lease a $44,535 three-row SUV with the cheapest financing Hyundai offers in this class. If you want front-drive and a lower sticker, the SEL 7P/8P FWD at ~$533/month is close behind.
Palisade Hybrid: Strong Residuals, Almost No Cash
The Palisade Hybrid is still a residual play. Cash tops out at $750 and most trims get $250 or less, so the payment is driven by the 65% to 68% residuals, not incentives. The Blue SEL 7P/8P FWD is the entry at ~$589/month. The SEL Premium AWD carries the lineup's best rate at 0.0023 (5.52% APR) but its $50,200 sticker keeps it at ~$666.
| Palisade Hybrid Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| Blue SEL 7P/8P FWD | $45,760 | 0.00236 | 5.66% | 66% | ~$589 |
| SEL 7P/8P AWD | $47,760 | 0.0024 | 5.76% | 68% | ~$610 |
| Blue SEL Premium 7P/8P FWD | $48,200 | 0.00232 | 5.57% | 65% | ~$646 |
| SEL Premium 7P/8P AWD | $50,200 | 0.0023 | 5.52% | 66% | ~$666 |
| Limited FWD | $55,590 | 0.0024 | 5.76% | 64% | ~$775 |
| Limited AWD | $57,590 | 0.0024 | 5.76% | 63% | ~$795 |
| Calligraphy FWD | $60,500 | 0.00242 | 5.81% | 62% | ~$876 |
| Calligraphy AWD | $62,500 | 0.0024 | 5.76% | 62% | ~$895 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (Blue SEL FWD $750; SEL AWD $250; Blue SEL Premium FWD $250; SEL Premium AWD $0; Limited FWD $0; Limited AWD $750; Calligraphy FWD $0; Calligraphy AWD $250). 7P and 8P share MSRP and program. Data: Hyundai Motor Finance, July 2026.
Verdict: Palisade Hybrid
With almost no cash on the hood, this is a residual lease. Blue SEL 7P/8P FWD at ~$589/month is the floor. If you want AWD and the 68% residual, the SEL 7P/8P AWD at ~$610/month is the crossover point. The Calligraphy trims run into ~$876 and up, where the gas Palisade or a loaded Santa Fe makes more sense.
IONIQ 5: More Cash, Lower Residuals, Higher Payments
The IONIQ 5 is the exception to the July trend. Lease Cash went up (the SE Standard Range and SEL RWD now carry $9,750), but residuals fell hard, so the payments rose. The SE Standard Range RWD is ~$14/month higher at ~$411 because its residual dropped to 46%. The larger-battery SE RWD is the better buy at ~$415 with a 52% residual.
| IONIQ 5 Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| SE Standard Range RWD | $38,200 | 0.00236 | 5.66% | 46% | ~$411 |
| SE RWD | $40,500 | 0.00237 | 5.69% | 52% | ~$415 |
| SE AWD | $43,000 | 0.00239 | 5.74% | 54% | ~$436 |
| SEL RWD | $43,000 | 0.0024 | 5.76% | 50% | ~$458 |
| SEL AWD | $46,500 | 0.00234 | 5.62% | 53% | ~$495 |
| Limited RWD | $46,950 | 0.00233 | 5.59% | 53% | ~$502 |
| XRT AWD | $49,475 | 0.00237 | 5.69% | 54% | ~$534 |
| Limited AWD | $52,175 | 0.0024 | 5.76% | 54% | ~$573 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (SE Std Range $9,750; SE RWD $9,000; SE AWD $9,000; SEL RWD $9,750; SEL AWD $9,250; Limited RWD $9,250; XRT AWD $9,250; Limited AWD $9,500). The XRT AWD w/Tow Hitch variant is on the July sheet but omitted here. Data: Hyundai Motor Finance, July 2026.
IONIQ 5 SE Standard Range: June → July
June ~$397/mo to July ~$411/mo. That's ~$14/month more. The $2,500 cash increase to $9,750 did not keep up with the residual falling from 54% to 46%. Higher cash, weaker residual, higher payment.
Verdict: IONIQ 5
The SE RWD at ~$415/month is the smart entry now. It costs only ~$4/month more than the Standard Range but carries the bigger battery and a stronger 52% residual. The lease cash is huge, but the low residuals mean you are paying for a lot of depreciation. Cross-shop before signing.
IONIQ 9: Up to $18,000 Cash on the Three-Row EV
The IONIQ 9 still carries the largest incentives in the lineup. Lease Cash climbed again in July, topping out at $18,000 on the SE AWD. The S RWD holds at ~$486/month on $16,250 cash, a striking number for a three-row electric SUV with a $60,555 sticker. The SEL AWD at ~$547 is the strongest all-around pick.
| IONIQ 9 Trim | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* |
|---|---|---|---|---|---|
| S RWD | $60,555 | 0.00233 | 5.59% | 55% | ~$486 |
| SE AWD | $64,365 | 0.00239 | 5.74% | 54% | ~$516 |
| SEL AWD | $67,920 | 0.0024 | 5.76% | 57% | ~$547 |
| Performance Limited AWD | $72,850 | 0.0024 | 5.76% | 57% | ~$654 |
| Performance Calligraphy AWD | $76,590 | 0.0024 | 5.76% | 55% | ~$752 |
*Pre-tax, 36mo/12K, Northeast region. Cap = MSRP − Lease Cash (S RWD $16,250; SE AWD $18,000; SEL AWD $17,250; Performance Limited AWD $16,250; Performance Calligraphy AWD $16,250). The Performance Calligraphy Design AWD (a near-twin of the Performance Calligraphy AWD) is omitted here. Data: Hyundai Motor Finance, July 2026.
Verdict: IONIQ 9
The S RWD at ~$486/month is a landmark number for a three-row EV: $16,250 in cash brings a $60,555 SUV to a mainstream payment. The SEL AWD at ~$547/month with the 57% residual is the best all-around pick. The Performance trims climb past ~$654, where the cash stops keeping pace with the sticker.
Payment Math & Assumptions
- Cap cost = MSRP minus lease cash. No dealer discount, no extra down payment. Every $1,000 you negotiate off MSRP cuts roughly $28/month.
- Term: 36 months / 12,000 miles per year. All residuals use the 12K tier.
- Pre-tax and pre-fees. Add state lease tax, acquisition fee, dealer doc fee, and the first payment due at signing.
- MF is the published base rate. Dealer markup on the money factor adds directly to the rent charge. Confirm the buy-rate MF before you sign.
- Data basis: Hyundai Motor Finance rate sheets, Northeast region, July 2026. Money factors and residuals change monthly.
Tax, registration, title, and dealer doc fees are excluded and vary by state. Your drive-off cost depends on your state's lease tax treatment, which can add $0 to $1,500 or more at signing.
Know before you sign.
Upload your dealer quote and we'll verify the money factor, residual, and incentives match the published program — instantly.