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.
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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.caranddrive
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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.
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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)
https://www.theverge.co
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
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.
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.
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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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