The Hyundai Ioniq 5 is a brilliant EV, and you could save up to $10,000 on one. That applies to leasing a 2024 model on the West Coast, with the lease credit of $7,500 combined with a $2,500 conquest bonus. According to CarsDirect, such a large saving is unusual on a popular, newer model. But we found an even larger saving, with the $7,500 lease bonus combined with the Colorado Innovative Motor Vehicle credit of $5,000. While restricted to those in Colorado, it slashes $12,500 from the cost of the EV. Alternatively, buying a new Ioniq 5 also comes with incentives. You can pick up a Standard Range model with a low APR of 0.99% for up to 48 months. This deal is accompanied by $2,500 in bonus cash.