Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
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 293,429 Views
Visit Hyundai
Good Deal
Save
Share
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

Leave a Comment

Unregistered (You)

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

Sign up for a Slickdeals account to remove this ad.

Jun 22, 2023
715 Posts
Joined Jun 2009
Jun 22, 2023
Andie
Jun 22, 2023
715 Posts
My opinion that nobody asked for: A lot of hate in here for Hyundai. I own a Ioniq 5 AWD since June last year. I bought it at MSRP from Palm Springs Hyundai. Easy dealer to work with, no haggling straight up MSRP. Initially, I was looking at Tesla 1-2 years ago and I'm soooo glad I didn't buy one. I don't want to support Musk in any way shape or form. So it was between Ioniq 5 and Polestar 2 (Polestar also has an online shopping experience). Ended up with Ioniq as I liked the boxed pixel look of it and it was cheaper. It is my 1st electric vehicle.

Dealers suck, I agree. Find one that will work for you. Though I wish all cars were sold just online haggle free.

Ioniq 6 is quite ugly lol. iPedal mode sucks in all cars, IMO. Too much jerky breaking. Unless you/your passengers like feeling sick when you drive. Or maybe I need more driving experience in iPedal. 🤷 ♀️ whatever.

No issues at all with my Ioniq 5. ICCU is a concern but the 10 year warranty makes up for it. Of course all the people with the ICCU issue should be heard loud and clear.

The proprietary Tesla connector is just that proprietary. Calling it *now* the North American Charging Standard (NACS) is a bit disingenuous. Sure they are making it open source but Musk is an asshole I don't see him just giving it away for free. Im sure there's some scheme to lock everyone to Supercharger stations in the future or something lol. Everywhere else in the world CCS is the standard, yes even Teslas. CCS is no bigger, heavier, or awkward than the gas nozzle in ICE cars. Yes, that's kinda moving laterally and not forward but it's not that big a deal. No issues plugging in the J connector the first time I used it in my dim garage. CCS plugs in Hyundai, Kia, Ford provide vehicle to load.

Electrify America has been fine for me. Though I charge in my detached garage. I live in an apartment. Electric cars aren't for everyone at this moment.

I used to dislike Hyundai as I always saw them as cheap, crappy, boring cars (coming from Audi, VW, yay vwvortex/audizine). We initially bought a 2019 Ioniq Hybrid for the gas mileage and was impressed with the overall, value, quality, and reliability. Hyundai/Ioniq 5 doesn't deserve this much hate, lol. When their USA EV plant opens I sure hope pricing gets even more competitive. More competition = better deals for us.

YMMV, JUST MY EXPERIENCE. NO RAINCHECKS. YMMV
7
Jun 22, 2023
86 Posts
Joined Jun 2016
Jun 22, 2023
m.k.selvakumar
Jun 22, 2023
86 Posts
Quote from VincentV2528 :
Lol same. I went to Hyundai dealership last week. There of a lot of ionicq 5 sitting in their parking lot. Sale man act like they don't even want to sell the car. So I left
Had a similar experience. Never going back to Hyundai.
Jun 22, 2023
475 Posts
Joined Feb 2016
Jun 22, 2023
dabomb156
Jun 22, 2023
475 Posts
I myself am waiting for the Hyundai Ioniq 7, that car looks amazzinngg. I've never been a Hyundai or Korean car fan either, but I think that'll change once that comes out.
Jun 22, 2023
19 Posts
Joined Jan 2015
Jun 22, 2023
AaronW2233
Jun 22, 2023
19 Posts
FWIW I test drove an Ioniq 5, an ID.4, and a Model Y. The Model Y won across the board and I went with it. For the features, you'd have to configure the Ioniq 5 at the top trim to compare to the standard Model Y awd, and with Tesla there are no annoying dealership markup or sales and finance shenanigans and upsells. The ID.4 was a snoozer of a car. Oddly terrible pickup compared to the Ioniq and the Y, lower range, slower charging, inferior infotainment. All around a few solid levels below the Ioniq and Y. Tech in the Y and Ioniq are similar, but Tesla has the edge since the Ioniq is still borrowing so much from it's ICE counterparts. I traded in my Kia Telluride and there were so many similarities. Not a bad thing for sure, but it's still decidedly lower tech than the Tesla.

For the Model Y I paid $53k, minus the $7,500 federal rebate, minus a $2,500 colorado rebate, so low $40s at the end of the day.
Jun 22, 2023
1,502 Posts
Joined Dec 2018
Jun 22, 2023
burntorangehorn
Jun 22, 2023
1,502 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.
I don't understand how people can be so mentally invested in buying a new car that dealers can charge all those dealer fees, dealer packages, etc.
Jun 22, 2023
5 Posts
Joined Jul 2018

This comment has been rated as unhelpful by Slickdeals users.

Jun 22, 2023
44 Posts
Joined Aug 2017
Jun 22, 2023
DanG2310
Jun 22, 2023
44 Posts
People need to post the miles range whenever they post deals on EV. That is the most important factor after price. What is mile range here? If its 250-270 miles than better buy Tesla for 37k.
5

Sign up for a Slickdeals account to remove this ad.

Jun 22, 2023
1,502 Posts
Joined Dec 2018
Jun 22, 2023
burntorangehorn
Jun 22, 2023
1,502 Posts
Quote from IndigoStove5818 :
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
Why do Tesla fan boys have to Teslabomb every goddamned EV deal?
1
4
Jun 22, 2023
1,067 Posts
Joined Mar 2010
Jun 22, 2023
gr8scottaz
Jun 22, 2023
1,067 Posts
Quote from RegisteredMurseNYC :
I have a Hyundai Tucson PHEV Limited (2022) with 9k miles. I just got it back after SIX MONTHS in the shop 4 months of which they couldn't / wouldn't provide a loaner car so I was paying out of pocket for rentals which is crazy expensive. I got a lawyer and they're being forced to buy it back but they are dragging it out for ever. I'll never own another Hyundai. Using the money to get a Tesla
Battery and technology-wise, Tesla is better. But quality-wise, Tesla is just as bad if not worse. They quality control issues on a Tesla is mind-boggling.
1
Pro
Jun 22, 2023
540 Posts
Joined Sep 2005
Jun 22, 2023
caldog101
Pro
Jun 22, 2023
540 Posts
Quote from FabulousSweater8397 :
Do you get the tax credit right away?
The tax credit comes off the capitalized cost, so yes. It lowers your lease payments and comes off the buyout amount of the car. The downside with doing this is you cannot get the promotional rate for a lease buyout, because it is a used car even if you buy it out one month after, so the question is is the 0.9% financing better than the instant $7,500 off
Jun 22, 2023
2,317 Posts
Joined Sep 2006
Jun 22, 2023
hpark21
Jun 22, 2023
2,317 Posts
Quote from Kouskous44 :
What area if I may ask? Thanks
Philly suburb.
Jun 22, 2023
44 Posts
Joined Aug 2017
Jun 22, 2023
DanG2310
Jun 22, 2023
44 Posts
Quote from AaronW2233 :
FWIW I test drove an Ioniq 5, an ID.4, and a Model Y. The Model Y won across the board and I went with it. For the features, you'd have to configure the Ioniq 5 at the top trim to compare to the standard Model Y awd, and with Tesla there are no annoying dealership markup or sales and finance shenanigans and upsells. The ID.4 was a snoozer of a car. Oddly terrible pickup compared to the Ioniq and the Y, lower range, slower charging, inferior infotainment. All around a few solid levels below the Ioniq and Y. Tech in the Y and Ioniq are similar, but Tesla has the edge since the Ioniq is still borrowing so much from it's ICE counterparts. I traded in my Kia Telluride and there were so many similarities. Not a bad thing for sure, but it's still decidedly lower tech than the Tesla.

For the Model Y I paid $53k, minus the $7,500 federal rebate, minus a $2,500 colorado rebate, so low $40s at the end of the day.
I bought same with same price. I am loving it. I totally agree that Tesla made it so simple for user to interact with the car. No hazzle for most part of configuration unless you are looking for very very specific thing. I think Tesla stole idea of iPhones, that user interface/interaction should be simplest.
Jun 22, 2023
41 Posts
Joined Sep 2020
Jun 22, 2023
IndigoStove5818
Jun 22, 2023
41 Posts
Quote from burntorangehorn :
Why do Tesla fan boys have to Teslabomb every goddamned EV deal?
Not even a Tesla fan boy lol, I'm a general EV fan. I never said I don't like these cars, it just doesn't make financial sense and the market needs to catch up to Tesla in terms of pricing. Especially since dealers are still doing ridiculous markups
1
Jun 22, 2023
1,929 Posts
Joined Sep 2012
Jun 22, 2023
mars_88888
Jun 22, 2023
1,929 Posts
I only see prices Starting $50780 and a $500 rebate. Where is $41000 MSRP? Also finance shows 1.49%.

Sign up for a Slickdeals account to remove this ad.

Jun 22, 2023
1,502 Posts
Joined Dec 2018
Jun 22, 2023
burntorangehorn
Jun 22, 2023
1,502 Posts
Quote from IndigoStove5818 :
Not even a Tesla fan boy lol, I'm a general EV fan. I never said I don't like these cars, it just doesn't make financial sense and the market needs to catch up to Tesla in terms of pricing. Especially since dealers are still doing ridiculous markups
The dealer markups are definitely ridiculous, but they apply to almost all cars, and it's consumers' fault for being so willing to pay them.
1

Leave a Comment

Unregistered (You)

Popular Deals

View All

Trending Deals

View All