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expired Posted by fireserphant • Jun 22, 2023
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 292,838 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
180 Posts
Joined Sep 2009
Jun 22, 2023
tgpaul
Jun 22, 2023
180 Posts
Quote from Zalupashvily :
I can find Mercedes for $3-5k and drive it for the next 10 years in comfort and savings
Link?
Jun 22, 2023
380 Posts
Joined Jan 2015

This comment has been rated as unhelpful by Slickdeals users.

Jun 22, 2023
1,417 Posts
Joined Jun 2005
Jun 22, 2023
NYExcuse
Jun 22, 2023
1,417 Posts
Quote from butalearner :
Came here to point this out. The tl;dw version is the brake lights don't come on even when using the strongest regenerative brake setting until the car comes to a complete stop. The deceleration at that setting is quite strong, and if you get rear-ended and the trailing car has a dashcam, it could be argued that it's your fault.
That's not correct at all. The brake light "problem" only exists in iPedal (1 pedal driving) mode. It works perfectly fine in all other modes.
Jun 22, 2023
94 Posts
Joined Oct 2018
Jun 22, 2023
JD_17
Jun 22, 2023
94 Posts
Jun 22, 2023
150 Posts
Joined May 2009
Jun 22, 2023
devilZ
Jun 22, 2023
150 Posts
Quote from fintlewoodlewix :
Good luck finding one for MSRP, and if you do, it won't be a low MSRP.
We're not in 2021/22 anymore so these are available at MSRP with no dealer add-ons. If the dealer doesn't want to play ball then move on. Leverage an auto broker if you're bad at negotiating or don't want to spend the time casting a wide net of dealers.....
Jun 22, 2023
2,254 Posts
Joined Feb 2014
Jun 22, 2023
elefante72
Jun 22, 2023
2,254 Posts

Our community has rated this post as helpful. If you agree, why not thank elefante72

Quote from jwredsox :
What's a CCS?
CCS in North America is the connector that most non Tesla use for DC fast charging (except Nissan). It will be going away soon enough but right now outside a few Tesla stations w/ a magic dock means you need to go to EvGo, Electrify America, etc to charge and the experience is horrible. I won't even use one anymore. There is also level 2 (AC) which uses the Tesla connector (NACS) and the J-connector. I actually have a dual J-connector charger in my garage to charge my 3 EV and for the Tesla I just put on a NACS-> J adapter.

Once you own an EV its not like going to a universal gas station, you need to think and plan how you "refuel" it, and that makes or breaks the experience you will have w/ an EV (until they go wireless). The connectors and station availability, and them working matter because its not a 5 minute fill, and you may have 50+ miles between stations. Especially if you dont have a 240V line, and you say live in a condo, apartment, etc without easy access.

Ford, GM, Aptera, Rivian have already committed to moving over to NACS and it is just a matter of time before the rest do.

From my perspective using all 3 (NACS, J, CCS) it is amazing to me how CCS even became a "standard" but hey something built by a committee can create an ugly duckling. The J-connector is irritating because of the key at the bottom (guide) to get in correctly and the external latch that easily freezes in the winter. The way it's designed it swells and in the summer causes issues inserting and protecting it with a cover. So it's bad in extremes, and has a poor UX (IMHO).

The NACS will replace both (thankfully) because when Tesla engineered it they use the same high voltage pins for both AC and DC charging versus the cyclops which is the CCS that bolted them on. Duh you will never charge in both DC/AC at the same time so why create more pins than are needed. The NACS is also comm compliant w/ CCS so that is why it's a relatively easy modification by the vendors to move to this form factor. Because the comm are compatible, the worst case scenario are adapters for those who have CCS/J versus being left out like Chademo likely will be.
Last edited by elefante72 June 22, 2023 at 10:39 AM.
3
1
Jun 22, 2023
53 Posts
Joined Nov 2020
Jun 22, 2023
Pbjtime1
Jun 22, 2023
53 Posts
Quote from Archimedes001 :
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.
They'll be doing below MSRP within the next 4 months. Car manufacturers are going to have to incentivize heavy this year. 100% not the same market.

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Jun 22, 2023
1,110 Posts
Joined Mar 2013
Jun 22, 2023
PhantomCypher
Jun 22, 2023
1,110 Posts
Only 0.99% from us getting one. No interest allowed.
2
Jun 22, 2023
5,714 Posts
Joined Dec 2014
Jun 22, 2023
Vanquished
Jun 22, 2023
5,714 Posts
The base versions of these are going for $50k+ by me. The only version worth owning is 70k.

Seriously though the 50k versions are slow and you'd be much better off buying a cheaper EV or ICE car that offers similar performance and features.

.9% is a good deal though considering that most auto loans are 6% now.

I for 3.49% (60months ) for my fully loaded g70 3.3T back in March. I looked at these but they are such a bad value (like most but not all EVs right now)
1
Jun 22, 2023
2,813 Posts
Joined Oct 2017
Jun 22, 2023
02nz
Jun 22, 2023
2,813 Posts
Quote from tgpaul :
Comparing the interest rate of a 36-60 month car loan to a 4 week treasury bill is a bit disingenuous. A better apples-to-apples comparison would be a 36-60 month CD.
Or buy say 6-month treasuries with the money not tied up in the car, and reevaluate as they mature. If and when the after-tax interest rate falls to where it makes more sense to buy out the lease, you can do that.
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from MrMeursault :
The ICCU in these are failing at alarming rates be careful
Wow I'm surprised all the hate in this thread, especially quality concerns vs tesla. The ICCU issue is reported 30 cases in the USA out of 40k estimated poulation, so not even a tenth of a percent. Whereas Teslas have issues like rear glass breaking for no reason, phantom braking issues other quality problems like noisy body/interior parts etc. Oh not to mention the self-driving problems as well.
https://www.theverge.com/2022/6/3...estigation

I think any new vehicle model plus also new technology like battery-EV vehicles will have increased recallable issues etc. but I think as long as it's repairable and the manufacturer/dealer takes care of you then it's a reasonable gamble given new technology. --Unless of course you die in a car crash/fire!

this aside, I do think the pricing/rebates situation is annoying that it changes so often, and you could get screwed out of 5-10k if you make a "mistake". But this seems pretty universal when buying cars from any manufacturer if you aren't careful.

edit: i changed the braking failure comment out for phantom braking concern, I got that brake issue mixed up with Toyota Wink
Last edited by alikaz June 22, 2023 at 10:50 AM.
2
Jun 22, 2023
10 Posts
Joined Dec 2022
Jun 22, 2023
FabulousSweater8397
Jun 22, 2023
10 Posts
Quote from nightanole :
There is a "hack" for this were you lease the car, get the $7500 tax credit, then immediately buy out the lease.

But they are giving these things away around here. 5 grand off because they are rotting on the lot now that the model 3 qualifies for the tax credit.
Do you get the tax credit right away?
Jun 22, 2023
2,254 Posts
Joined Feb 2014
Jun 22, 2023
elefante72
Jun 22, 2023
2,254 Posts
Quote from 02nz :
Or buy say 6-month treasuries with the money not tied up in the car, and reevaluate as they mature. If and when the after-tax interest rate falls to where it makes more sense to buy out the lease, you can do that.
LoL if more people thought like you then we wouldn't have all time CC debt, but you are talking to a wall bud.
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from elefante72 :
CCS in North America is the connector that most non Tesla use for DC fast charging (except Nissan). It will be going away soon enough but right now outside a few Tesla stations w/ a magic dock means you need to go to EvGo, Electrify America, etc to charge and the experience is horrible. I won't even use one anymore. There is also level 2 (AC) which uses the Tesla connector (NACS) and the J-connector. I actually have a dual J-connector charger in my garage to charge my 3 EV and for the Tesla I just put on a NACS-> J adapter.

Once you own an EV its not like going to a universal gas station, you need to think and plan how you "refuel" it, and that makes or breaks the experience you will have w/ an EV (until they go wireless). The connectors and station availability, and them working matter because its not a 5 minute fill, and you may have 50+ miles between stations. Especially if you dont have a 240V line, and you say live in a condo, apartment, etc without easy access.

Ford, GM, Aptera, Rivian have already committed to moving over to NACS and it is just a matter of time before the rest do.

From my perspective using all 3 (NACS, J, CCS) it is amazing to me how CCS even became a "standard" but hey something built by a committee can create an ugly duckling. The J-connector is irritating because of the key at the bottom (guide) to get in correctly and the external latch that easily freezes in the winter. The way it's designed it swells and in the summer causes issues inserting and protecting it with a cover. So it's bad in extremes, and has a poor UX (IMHO).

The NACS will replace both (thankfully) because when Tesla engineered it they use the same high voltage pins for both AC and DC charging versus the cyclops which is the CCS that bolted them on. Duh you will never charge in both DC/AC at the same time so why create more pins than are needed. The NACS is also comm compliant w/ CCS so that is why it's a relatively easy modification by the vendors to move to this form factor. Because the comm are compatible, the worst case scenario are adapters for those who have CCS/J versus being left out like Chademo likely will be.
CCS going away? I understand that Tesla has a huge network already and it does make sense that eventually we will go towards a single charge plug standard someday to make things easier for EV drivers going forward. BUT what about the Electrify America network that was installed over the last few years nationwide which is all CCS and ChaDeMO? Are they going to rip out/convert all of those chargers too? I would imagine over the next 10-20 years we are going to continue to see a mix of connectors available everywhere and I'm sure CCS car drivers will be able to find a place to charge.

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Jun 22, 2023
1,117 Posts
Joined Apr 2010
Jun 22, 2023
fatguypoolshark
Jun 22, 2023
1,117 Posts
Quote from ChiefAlchemist :
Leases are simply car payments that never end. Ever. And once you're a non owner it's difficult to stop leasing cause it's so $$$.

That said, with EVs I wonder if leasing isn't better, at least for now. Replacing batteries in say 5 yrs again gonna be cheap. But after a 3 yr lease the technology will be noticeably improved.

FWIW every EV in America has to have a 100k mile/8 year 80+% charge warranty on the batteries minimum.

And other than the Nissan leaf it's not a problem because heat is what kills batteries fast and everyone else has always had actively cooled batteries. The reason the leaf was so bad is it had literally no cooling system.

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