Hyundai IONIQ 5 & Kia EV9 Lease Guide in NJ: Maximizing State Rebates and Federal Commercial Credits
Discover how to lease the Hyundai IONIQ 5 and 3-row Kia EV9 in New Jersey for ultra-low monthly payments using federal commercial lease credits and state tax exemptions.
Hyundai and Kia have established themselves as dominant leaders in the modern electric vehicle landscape. Built on the revolutionary **E-GMP (Electric Global Modular Platform)** featuring 800V ultra-fast charging architecture, the compact **Hyundai IONIQ 5** and the groundbreaking 3-row **Kia EV9** offer technology, charging speeds, and design that rival vehicles costing twice as much.
In New Jersey, manufacturer lease cash and state tax incentives make these two models the **best value-per-dollar family EV leases on the market**.
Below is the complete financial guide to leasing an IONIQ 5 or Kia EV9 in New Jersey.
🔑 Key Takeaways (IONIQ 5 & Kia EV9 Value)
- **800V Ultra-Fast Charging:** Charge from 10% to 80% in just **18 minutes** at 350kW DC fast chargers—nearly twice as fast as standard public DC chargers.
- **$7,500+ Instant Manufacturer Pass-Through:** Hyundai Motor Finance and Kia Motors Finance pass the full $7,500 commercial tax credit directly as a capitalized cost reduction.
- **3-Row Family EV Innovation:** The Kia EV9 is the first affordable full-size 3-row electric family SUV with seating for up to 7 adults and 300+ miles of range.
- **Zero New Jersey Sales Tax:** 100% exempt from New Jersey state sales tax.
Head-to-Head Comparison: Hyundai IONIQ 5 vs. Kia EV9
| Evaluation Metric | 2026 Hyundai IONIQ 5 SEL AWD | 2026 Kia EV9 Land AWD (3-Row) |
|---|---|---|
| **MSRP Basis** | $49,500 | $71,500 |
| **Seating Capacity** | 5 Passengers (2-Row Crossover) | **7 Adults (Full 3-Row SUV)** |
| **EPA Driving Range** | 260 Miles (AWD) / 303 Miles (RWD) | 280 Miles (AWD) / 304 Miles (RWD) |
| **DC Fast Charging (10-80%)** | **18 Minutes (800V Architecture)** | **24 Minutes (800V Architecture)** |
| **Federal Rebate Applied** | -$7,500 Cap Cost Reduction | -$7,500 Cap Cost Reduction |
| **36-Month Residual Value** | 59% ($29,205) | 61% ($43,615) |
| **NJ State Sales Tax** | **$0.00 (Exempt)** | **$0.00 (Exempt)** |
| **Target Monthly Lease ($0 Down)** | **$349 – $399 / month** | **$569 – $629 / month** |
Why Families Choose the Kia EV9 Over Gas 3-Row SUVs
1. **Massive Cargo & Legroom:** 81.7 cubic feet of maximum cargo space with fold-flat second and third-row seating.
2. **Vehicle-to-Load (V2L) Power:** Use your EV battery as an emergency home generator or power outdoor camping equipment with standard 120V household outlets.
3. **No Gas Station Stops:** Charge at home overnight on cheap off-peak residential electric rates (saving $1,800+/year on gasoline in NJ).
Lock In Your Hyundai or Kia EV Lease with Capital Motor Cars
Capital Motor Cars maintains direct inventory access across top Hyundai and Kia fleet networks throughout New Jersey and New York.
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