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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
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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
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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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Pro
Jun 22, 2023
2,084 Posts
Joined Oct 2006
Jun 22, 2023
NoLimitz80
Pro
Jun 22, 2023
2,084 Posts
Quote from DaMexica :
Hyundais are not known for quality at this price id rather buy something with known track record
What makes you say they are not known for quality? My quick research from a few sites states otherwise.

-According to Consumer Reports' annual reliability survey, Hyundai ranked No. 6 among 26 brands.

-RepairPal: The Hyundai Reliability Rating is 4.0 out of 5.0, which ranks it 4th out of 32 for all car brands.

-Jdpower: Highest-Ranked Brands Kia ranks highest overall in vehicle dependability, with a score of 145 PP100. This is the first year Kia leads the overall ranking after ranking third overall in 2021. Other mass market brands ranking high for vehicle dependability include Buick (147 PP100), Hyundai (148 PP100), Toyota (158 PP100) and Dodge (166 PP100).
Jun 22, 2023
1,117 Posts
Joined Apr 2010
Jun 22, 2023
fatguypoolshark
Jun 22, 2023
1,117 Posts
Quote from alikaz :
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.

Agreed CCS isn't "going away soon" but it has probably lost the standards war at this point. But honestly converters both ways aren't that hard technically, the payment systems and interfaces there are the complex part. As the Supercharge network becomes more open it won't matter which plug you have, just use an adapter.
Jun 22, 2023
44 Posts
Joined Mar 2016
Jun 22, 2023
MrMeursault
Jun 22, 2023
44 Posts
Quote from alikaz :
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, braking issues where you rear end the car in front of you at highway speeds, 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.
The ICCU issue has 30 officially reported failures but spend time on the message boards and you'll see it is much more widespread than that. It might be a warranty issue but backorders mean cars with the issue are looking at months long waits. For those months what are going to drive? A loaner? Hyundai being Hyundai means that isn't even a guarantee.
1
Jun 22, 2023
1,695 Posts
Joined Feb 2007
Jun 22, 2023
techie333
Jun 22, 2023
1,695 Posts
Car dealers are such scumbags especially these days, I'm running my beater car as long as humanly possible just to avoid dealing with them. It's unreal Florida passed a law banning direct car manufacture to consumer sales with a suspicious exception for Tesla. Car dealers and real estate agents need to be made obsolete by technology already
Jun 22, 2023
4,073 Posts
Joined Mar 2006
Jun 22, 2023
nightanole
Jun 22, 2023
4,073 Posts
Quote from FabulousSweater8397 :
Do you get the tax credit right away?
I believe you do on the leases, just not when you buy outright.
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from MrMeursault :
The ICCU issue has 30 officially reported failures but spend time on the message boards and you'll see it is much more widespread than that. It might be a warranty issue but backorders mean cars with the issue are looking at months long waits. For those months what are going to drive? A loaner? Hyundai being Hyundai means that isn't even a guarantee.
I've been following it on the message boards too but doesn't seem that extreme to me yet numbers wise. True it is a terrible problem to have which I do not want to happen to myself! Also at least in my state we have lemon laws so if they can't replace the unit within 30 days we can get Hyundai to buy back the car. (Yes I know not ideal but not like you are screwed at that point). Different states are different too.
Jun 22, 2023
10,971 Posts
Joined Aug 2008
Jun 22, 2023
Slimeyface
Jun 22, 2023
10,971 Posts
Quote from AtTheLeftThere :
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

This isn't exclusive to this car. Any car that uses engine breaking (non-EV especially) will have this happen (esp w manual/standard transmissions).


If you have an ICE vehicle with even an auto transmission go into "manual mode" and downshift to feel the stopping force and witness no brake lights coming on.
1

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Jun 22, 2023
59 Posts
Joined Sep 2015
Jun 22, 2023
ko9962
Jun 22, 2023
59 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%.
English? Lol
5
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from fatguypoolshark :
Agreed CCS isn't "going away soon" but it has probably lost the standards war at this point. But honestly converters both ways aren't that hard technically, the payment systems and interfaces there are the complex part. As the Supercharge network becomes more open it won't matter which plug you have, just use an adapter.
Yep I agree, and many of the Electrify America stations have 1 charger that has both a CCS and a ChaDeMo cord on it, so why can't that just be the standard going forward too? Multiple plugs/wires at a station makes a lot more sense to me than to "sunset" a connector that is installed on thousands of vehicles being used.
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from Slimeyface :
This isn't exclusive to this car. Any car that uses engine breaking (non-EV especially) will have this happen (esp w manual/standard transmissions).


If you have an ICE vehicle with even an auto transmission go into "manual mode" and downshift to feel the stopping force and witness no brake lights coming on.
Yep the issue here is that the US hasn't made concrete rules on how regenerative/auto trans braking should turn on the lights. Technology Connections does a great breakdown on it. The problem is "service brakes" aka brake pads+disc is the only part of the braking system that is clearly defined to turn on your brake lights. For regenerative braking they left the rules pretty open to interpretation so now we have this hodgepodge of braking behavior between automakers. This is bad! Brake lights should work uniformly between brands and should never have unexpected behavior when you have someone behind you depending on those lights for information.
Jun 22, 2023
2,214 Posts
Joined Jun 2013
Jun 22, 2023
koge811
Jun 22, 2023
2,214 Posts
Unfortunately I already bought a car be4 the ev price wars started. If elon musk lowers model y lifepo4 battery chemistry version by another 5k I will have no choice but to dump my car for his model y.
Jun 22, 2023
180 Posts
Joined Sep 2009
Jun 22, 2023
tgpaul
Jun 22, 2023
180 Posts

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Quote from ko9962 :
English? Lol
You have 4 apples and the car costs 4 apples. So you can either buy the car with your 4 apples, or the nice car man will let you pay with some of the apple slices that you get from your employer every month until you've paid a total of 5 apples. But meanwhile, you can lend the 4 apples you actually have now to someone else who will pay you back 6 apples later. With the second way, you have a shiny new car now, and a shiny apple later.
Last edited by tgpaul June 22, 2023 at 11:14 AM.
1
3
Jun 22, 2023
33 Posts
Joined Dec 2017
Jun 22, 2023
VitaliyV9733
Jun 22, 2023
33 Posts
Quote from Core2Quad :
Financing? Isn't the real deal when you do a lease, get the $7500 credit then do a lease buyout?
Can you please explain why it is better to do this way vs finance right away? I really dont get it.
Jun 22, 2023
2,254 Posts
Joined Feb 2014
Jun 22, 2023
elefante72
Jun 22, 2023
2,254 Posts
Quote from alikaz :
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.
EA -> VW via Dieselgate. I cannot answer for VW but they may be stubborn and stick to CCS to their detriment. As for the others if they want to survive they will go to NACS and/or CCS. But CCS in general is "probably" marked for death.

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Jun 22, 2023
2,415 Posts
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Jun 22, 2023
fintlewoodlewix
Jun 22, 2023
2,415 Posts

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The multi-quote isn't working, so I'm replying to a lot of you.

I'm in the SF Bay Area, and yeah, we don't have a lot of stock and we don't have discounts as of yet. Maybe in a few months?

I bought the i4 m50 late last year, and I'm super happy with the purchases. My parents just got the i4 e40 and they feel the same way. Superior cars and not so high prices.

We already have a Model Y from 2021, and I'm not a huge fan. It really needs 5k of suspension work before it's livable for anything but puttering around town. With aftermarket suspension, it's decent, but there are some serious design tradeoffs that Tesla made that compromise handling and ride quality. Autopilot is just awful. The range Tesla claims is far, far beyond the real world range. Also, Elon Musk is a terrible, terrible person.
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