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expired Posted by fireserphant • Jun 22, 2023
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expired Posted by fireserphant • Jun 22, 2023

2023 Hyundai IONIQ 5 EV: 24, 36 or 48-Month Financing at 0.99% APR & $0 Down

(For Well-Qualified Buyers)

from $41,450

Hyundai
591 Comments 292,766 Views
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Deal Details
Hyundai is offering the 2023 Hyundai IONIQ 5 Electric Vehicle from $41,450 with 24, 36 or 48-Month Financing starting as low as 0.99% APR and $0 Down Payment for very well-qualified buyers when purchased between 6/14/2023 through 7/5/2023.

Thanks to community member fireserphant for sharing this deal.
  • Note: Pricing and availability will vary depending on your selected options and available inventory.
Limited-Time Special Financing Options:
  • 0.99% APR (up to 36 months) at $28 per $1,000 financed for qualified buyers.
  • 0.99% APR (up to 48 months) at $21 per $1,000 financed for qualified buyers.
  • Must be financed through Hyundai Motor Finance (HMF). Tax, title and license extra.
  • See your participating Hyundai dealer (dealership locator) for more details.

Editor's Notes

Written by RevOne | Staff
  • About this Deal:
    • New vehicles only.
    • This limited-time special financing offer is valid from 6/14/2023 through 7/5/2023 for very well-qualified buyers. Only a limited number of customers will qualify for the advertised APR.
    • Down payment will vary depending on APR. Bonus Cash must be applied as a down payment. Must take delivery from a participating dealer and from retail stock from 6/14/2023 - 7/5/2023.
    • Cannot be combined with other special offers except where specified.
  • Please refer to the forum thread for additional deal details & discussion.

Original Post

Written by fireserphant
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Hyundai is offering the 2023 Hyundai IONIQ 5 Electric Vehicle from $41,450 with 24, 36 or 48-Month Financing starting as low as 0.99% APR and $0 Down Payment for very well-qualified buyers when purchased between 6/14/2023 through 7/5/2023.

Thanks to community member fireserphant for sharing this deal.
  • Note: Pricing and availability will vary depending on your selected options and available inventory.
Limited-Time Special Financing Options:
  • 0.99% APR (up to 36 months) at $28 per $1,000 financed for qualified buyers.
  • 0.99% APR (up to 48 months) at $21 per $1,000 financed for qualified buyers.
  • Must be financed through Hyundai Motor Finance (HMF). Tax, title and license extra.
  • See your participating Hyundai dealer (dealership locator) for more details.

Editor's Notes

Written by RevOne | Staff
  • About this Deal:
    • New vehicles only.
    • This limited-time special financing offer is valid from 6/14/2023 through 7/5/2023 for very well-qualified buyers. Only a limited number of customers will qualify for the advertised APR.
    • Down payment will vary depending on APR. Bonus Cash must be applied as a down payment. Must take delivery from a participating dealer and from retail stock from 6/14/2023 - 7/5/2023.
    • Cannot be combined with other special offers except where specified.
  • Please refer to the forum thread for additional deal details & discussion.

Original Post

Written by fireserphant

Community Voting

Deal Score
+73
Good Deal
Visit Hyundai

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Top Comments

VicSage
32 Posts
38 Reputation
Some dealers in my area, NE GA, are actually discounting the Ioniq5s $2500-$7500 right now. Not sure if that is a regional discount but the discounts seem to be coming from both the dealer and/or Hyundai. I know my local Hyundai dealer has had 3-5 Ioniq5s sitting in the front of their dealership for 1 - 2 months now that they can't seem to sell.

On a related note, the NHTSA just opened an investigation into the Ioniq5 due to reports that some Ioniqs are losing power while being driven. Not a full recall as of yet but enough complaints, around 30, to warrant a closer look. https://www.caranddriver.com/news...stigation/
batosai
787 Posts
115 Reputation
Why buyout when you could invest those funds at a rate > 0.9%? Current 13-month CD's pay 4.3%.
Core2Quad
5940 Posts
1174 Reputation
Financing? Isn't the real deal when you do a lease, get the $7500 credit then do a lease buyout?

590 Comments

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Jun 22, 2023
1,564 Posts
Joined Dec 2007
Jun 22, 2023
Kouskous44
Jun 22, 2023
1,564 Posts
Quote from hpark21 :
Except for Limited version, SE and SEL near my place appear to have 5-6k off of MSRP advertised.
Of course, if you want limited version, it does not appear that many would have discounts.
What area if I may ask? Thanks
Jun 22, 2023
1,225 Posts
Joined Apr 2006
Jun 22, 2023
wasssup
Jun 22, 2023
1,225 Posts
Quote from Core2Quad :
Financing? Isn't the real deal when you do a lease, get the $7500 credit then do a lease buyout?
Oh that's interesting. And then you can avoid dealing with getting a deduction for the next tax year?
Jun 22, 2023
41 Posts
Joined Sep 2020
Jun 22, 2023
IndigoStove5818
Jun 22, 2023
41 Posts
Ya they're doing all these offers because it's been hard to offload these. My local dealer has a bunch of these and it's still listed at a markup lol who the hell would buy these over the Tesla's, it makes no financial sense unless you don't qualify for the tax credit at all
1
5
Jun 22, 2023
1,496 Posts
Joined Mar 2008
Jun 22, 2023
gemniii42
Jun 22, 2023
1,496 Posts
Quote from batosai :
Why buyout when you could invest those funds at a rate > 0.9%? Current 13-month CD's pay 4.3%.
My current 4 week treasury bills are paying 5.13% and are not subject to state tax.
1
Jun 22, 2023
580 Posts
Joined Jul 2006
Jun 22, 2023
wethead4
Jun 22, 2023
580 Posts
Quote from BrainDoc :
The problem with many car dealers right now is that not only are many cars going for more than MSRP (not only the dealers' faults), most dealers have exorbitant dealer fees. Then they add on all sorts of unnecessary dealer packages, some of which are not ones you can reject. Multiple dealers in my area automatically add clear coat protection and other things to every car so if you want a particular make and model of car, you have to buy from them and pay extra for their packages. In the past, they would wait to offer these to you at time of sale but now they do them automatically to every car. There are some dealers that don't do this but in my area they are rare.

In any case, it's probably best to lease electric cars until the plugs are standardized, which is happening, if you can deal with the limitations of a lease. Also, a lease with a Hyundai is where you can get the $7500 tax credit, if you qualify. If you won't qualify because you earn too much money, then it can be worth buying instead of leasing.
The Tesla buying experience is 2nd to none. No bs hidden fees, price has been going down significantly as well as wait tjmes
1
4
Jun 22, 2023
149 Posts
Joined Mar 2007
Jun 22, 2023
junior_vw
Jun 22, 2023
149 Posts
I can deal with it being a Hyundai but I can't deal with that ugly AF steering wheel.
3
10
Jun 22, 2023
87 Posts
Joined Dec 2017

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Jun 22, 2023
935 Posts
Joined Jan 2007
Jun 22, 2023
TruongKy
Jun 22, 2023
935 Posts

Our community has rated this post as helpful. If you agree, why not thank TruongKy

a little off topic, i found many used Tesla model 3 (between 2020 to 2023) on used car market for $30k or higher. However, the new 2023 Tesla model 3 is roughly about the same price as used after federal and state tax incentives.

Why some people still buying used? Maybe i'm missing something.
1
Jun 22, 2023
76 Posts
Joined Dec 2016
Jun 22, 2023
kaosis
Jun 22, 2023
76 Posts
Quote from TruongKy :
a little off topic, i found many used Tesla model 3 (between 2020 to 2023) on used car market for $30k or higher. However, the new 2023 Tesla model 3 is roughly about the same price as used after federal and state tax incentives.

Why some people still buying used? Maybe i'm missing something.
Typically they get them faster as used and the federal credit also doesn't kick in until taxes are filed.
1
Jun 22, 2023
766 Posts
Joined Nov 2005
Jun 22, 2023
Archimedes001
Jun 22, 2023
766 Posts
Quote from fintlewoodlewix :
Good luck finding one for MSRP, and if you do, it won't be a low MSRP.
Just looked in NJ Towne Toyota they are all at MSRP although not at base so 47-50k but no markups. It's not the same car market it was last year. Below MSRP is happening again too.
1
Jun 22, 2023
766 Posts
Joined Nov 2005
Jun 22, 2023
Archimedes001
Jun 22, 2023
766 Posts

Our community has rated this post as helpful. If you agree, why not thank Archimedes001

Quote from TruongKy :
a little off topic, i found many used Tesla model 3 (between 2020 to 2023) on used car market for $30k or higher. However, the new 2023 Tesla model 3 is roughly about the same price as used after federal and state tax incentives.

Why some people still buying used? Maybe i'm missing something.
People were flipping the cars for a profit but are now stuck with them as they paid more albeit the rebate helps them a bit. I had a few saved on facebook and they can't sell them so you're seeing the listings but why buy a used one without rebate so unless you're dumb I doubt many people will buy these. Those people are stuck with the cars.
1
Jun 22, 2023
189 Posts
Joined Jul 2011
Jun 22, 2023
ccheung
Jun 22, 2023
189 Posts
Quote from AnushhA :
A lot of Ionic 5s on sale with 7500 off at dealers. They are unable to sell them, while tesla is destroying the market with price war. Even with all the price discounts and interest rate offers from Hyundai, Tesla Model Y is relatively cheaper when the features of the car are factored in.
Exactly. When comparing apple to apple, Tesla Model Y is cheaper than all competitors. Tesla basic trim already included all the goodies, leather power seat, glass roof, AWD. Its MSRP is around $48k. Needless to say Tesla qualifies for ALL federal and states incentives now. Also, Tesler buyers don't need to deal with dealer. It is a big plus, at least to me.
Jun 22, 2023
380 Posts
Joined Jan 2015

This comment has been rated as unhelpful by Slickdeals users.

Pro
Jun 22, 2023
92 Posts
Joined Dec 2014
Jun 22, 2023
awong9970
Pro
Jun 22, 2023
92 Posts
I don't qualify for the federal rebate so I purchased last week when the 5k manufacturers rebate was announced. Haggled an additional 3k off on top of that for a 2023 SEL AWD. I'm located in Los Angeles county. I might e been better off going with the lease buyout but this was more straightforward. It also made more sense than the financing offer for me.

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Jun 22, 2023
998 Posts
Joined Mar 2012
Jun 22, 2023
AtTheLeftThere
Jun 22, 2023
998 Posts
Technology Connections on YouTube covers a design flaw with this car, because he owns it and it concerns him.

https://youtube.com/watch?v=U0YW7...ure=share7
2

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