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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We're looking at this, my wife prefers it to the ID4 but both are nice. There is the ICCU issue but it's unknown if the 2023 has this fixed (seems to have a different one). BUT we might wait for the 2024 model. From what I've read, the cooling system for the battery uses two different coolants. The regular coolant needs to be changed ~ 100k miles and costs ~$300. The low conductivity (LC) coolant needs to be changed every 35k miles and costs $1k (the coolant itself is ~$400). Some of the rumors say that the 2024 model might be doing away with the this setup (the other Hyundai models don't have this issue).
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.
$41k lease taxes =~ $3300
then
$41k purchase taxes =~ $3300
Fees =~ > $100 (each time)
- Better warranty
- Improved infotainment system
- More options, but then you'll be paying more overall
Tesla, on the other hand, has had a lot of issues with their early Model 3s and Model Ys. Maybe those issues have been resolved, but it's definitely not a slam-dunk case that Tesla quality is better than Hyundai/Kia.
The charging network for Teslas, however, is very nice compared to the rest, and definitely a selling point.
My insurance company refused to cover Hyundai/Kia vehicles
I have always been a Toyota guy, I now feel why the heck did I continue donating to Toyota all these years and never looked at Hyundai/Kia. Well worth the money spent (value for money).
https://imgur.com/a/Slump9D
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Why some people still buying used? Maybe i'm missing something.
Tesla, on the other hand, has had a lot of issues with their early Model 3s and Model Ys. Maybe those issues have been resolved, but it's definitely not a slam-dunk case that Tesla quality is better than Hyundai/Kia.
The charging network for Teslas, however, is very nice compared to the rest, and definitely a selling point.
2022 Hyundai Ioniq 5 in NHTSA Investigation over Power Loss Complaints
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.
A lease makes sense for foreign-built EVs purely because it's the only way to get the $7500 tax credit, you can then buy out the lease if you want.
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2022 Hyundai Ioniq 5 in NHTSA Investigation over Power Loss Complaints
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