expiredDC13 posted Jun 06, 2023 06:25 PM
Item 1 of 7
Item 1 of 7
expiredDC13 posted Jun 06, 2023 06:25 PM
2023 Hyundai IONIQ 5 SE Standard Range SUV Lease w/ $7,500 EV Lease Bonus
for 36-Mo. w/ $5k Down Payment$332/ Mo.
Hyundai
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The issue is with our corrupt dealer laws and basic supply and demand.
Also you get 2 years free charging with EA.
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You lease (to pocket the 7500) and then immediately finance the buyout through a credit union.
Don't count on pocketing any lease equity with 2023 leases.
There is no longer dealer markups in 95%+ places for the base and sel version of this vehicle
It comes with 2 years free charging with EA
The 12v issue tends to be happening with the 2022 models.
My experience driving 5000+ miles of road trips (2 Cali to Texas and back) had no issues but other less heavily traffic locations might! Highly recommend you look up EA chargers along your area and where you "might" travel to.
You can do a lease buyout and essentially buy the car as this is Hyundai's current response to being taken off the EV credit (they are making a plant next year in us to qualify again).
There is more but i will say love this car's ride comfort, quiteness and look. It doesn't look boring (I have the 2023 Limited AWD model).
Buy whatever car you want but i just didn't want a Tesla because... it's the new accord or Camry they all look alike and honestly it's ugly XD wanted something unique.
Don't buy a new car and wait for other companies to skip this method.
Dealerships at least exist to deal with quality control, while Musk and Tesla want to leave you high and dry with difficult to service or repair if issues.
all of them are wretched snakes.
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Our community has rated this post as helpful. If you agree, why not thank gc12
- the deal here isn't the lease. it's to lease the ioniq 5/6 and then immediately buy out the car as soon as you can. leasing these cars without immediately buying out is actually a very poor deal, and you will negate the 7500 cash rebate due to the high rent charges/interest.
- buying a car today is not like buying a car last year. your ability to negotiate a deal on these cars will vary based on supply in your region (as well as how willing the dealership is), but for reference, i live in socal and i'm negotiating deals below msrp. this part is YMMV. when negotiating, remember that many of these cars have been sitting on the lot for a while, so you can negotiate a price BEFORE factoring the rebate. again, this part is YMMV.
- down payment is not the same as due at signing (DAS). most folks would recommend not putting a down payment for a lease, even in this lease/buyout scenario. you will pay taxes and fees as part of DAS, and some people choose to pay it upfront or roll it into the payments.
- most sales reps won't give you the best price until you pull up into the dealership and play hardball, but i can say that paying MSRP right now (at least in socal) is not a slick deal. if you're serious about getting a good deal, look for ways to drive down the selling price (removing dealer-added options, knocking some dollars off the sticker, etc.). some of these cars have been on the lot for weeks, and you might have some more luck at the end of the month.
- everyone hates negotiating with dealerships. we all wish we could buy directly from manufacturers in every state. blame NADA and their lobbying. but if you're in the market to buy a car that is not a tesla or a subscription, it's a poison you're just going to have to deal with. read up on how dealers make their money and where they mark up the most, and learn to speak their language according to the deal sheet so that they are more transparent with you and actually back off a bit on their tactics.
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