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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 293,501 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
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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
730 Posts
Joined May 2009
Jun 22, 2023
covertfantom
Jun 22, 2023
730 Posts
Quote from funnyperson1 :
For me there are a few little things that taken together are infuriating about driving a Tesla compared to almost any other EV.
  1. Forced one pedal driving. Most other EVs have paddle shifters for adjusting regen from coasting to full one pedal braking. As a former hypermiler, conservation of momentum is everything, and coasting in a Tesla requires you to continuously apply force to the pedal.
  2. Touch screen air vents. I like to adjust my air vents while driving, Tesla took a solution that was so ergonomic, simple, and elegant and put freaking motors into the airvents controlled by a tablet interface.
  3. Physical HVAC controls. This is more true of my 2022 Kia Niro than the newer Kia/Hyundai EVs, but the HVAC interface is way more intuitive and safer to use while driving. The touchscreen is usable, but you still have to stare at it to do anything.
  4. Lack of Carplay. The Tesla multimedia interface is probably the best one made by a carmaker, but I can't take it with me when I leave the car. If I'm listening to a podcast on my iPhone, I want to resume it in the car. I want multiple mapping solutions for traffic management.
Also this is somewhat in a different class size-wise than a model 3. The Ioniq 5 is nearly a midsize (crossover) SUV and has close to 50% more cargo space than the Model 3 and is only slightly less spacious than a Model Y.

There's no debate that the Model 3 is currently the best value for an EV purchase, but there are still reasons one would purchase something else. I do think that we will start seeing heavier incentives from other manufacturers, especially on the lease side where they can compete with Tesla's tax credits. The IONIQs and EV6s seem to be piling up.
Conservation of momentum isn't really needed in an EV
Jun 22, 2023
49 Posts
Joined Aug 2019
Jun 22, 2023
BraveApple9164
Jun 22, 2023
49 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%.
Shoot, I've got an online savings account earning 5.1% APY. Western Alliance Bank via Raisin (Save Better)
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from threeclaws :
I have no doubt that there might be a handful of decent ones nationwide but they are the exception not the norm and with a $50k purchase I'm not rolling the dice on an ex buy here pay here dealer which is what hyundai/kia went after when they were starting their network.
I dunno from my experience and my friend's/family's experience is that all dealerships can/will be jerks and screw you over and also give you a high-pressure buying experience. My local Hyundai experience was new to me and completely different from dealerships I've dealt with in the past so that actually restored my belief that a dealership can be good!

I've had always bought used cars up until a few years ago due to car devaluation and crooked dealership behavior. I am excited of the concept Tesla has created with the no-dealership order-online model but I'm unsure how the well-established dealer model in USA will react to that heh
Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from threeclaws :
Model 3 is much smaller, range is basically the same, as is the price and I won't drive a car without carplay. Honestly, there is too much baggage with tesla as a brand, the build quality is still shit, everything is a subscription, repairs will continue to be an issue, etc.
Yeah you brought up another other BIG issue I have with Tesla, everything is a subscription! Mercedes and BMW are playing catchup with their "performance" subscription (MB) and the BMW heated seat subscription (LOL)
Jun 22, 2023
1,263 Posts
Joined Jun 2007
Jun 22, 2023
threeclaws
Jun 22, 2023
1,263 Posts
Quote from alikaz :
Yeah you brought up another other BIG issue I have with Tesla, everything is a subscription! Mercedes and BMW are playing catchup with their "performance" subscription (MB) and the BMW heated seat subscription (LOL)
Porsche too Mad
Jun 22, 2023
216 Posts
Joined Jul 2016
Jun 22, 2023
funnyperson1
Jun 22, 2023
216 Posts
Quote from covertfantom :
Conservation of momentum isn't really needed in an EV
Is it as critical as an ICE? No. However, Regen breaking is maybe 60-70% efficient (https://electrek.co/2018/04/24/re...it-works/).

I get 4.5+ mi/kWh in my Niro driving in Urban/Suburban environments. I coast whenever possible and let the car automatically slow down using regen as I approach stopped/slowing vehicle (it does this even with ACC off), I can also long-hold the left paddle shifter to brake using full regen. This driving style results in better efficiency and more comfort (my leg can by off the pedal and fully relaxed for a majority of driving time).
Jun 22, 2023
923 Posts
Joined Jan 2011
Jun 22, 2023
vajratlr
Jun 22, 2023
923 Posts
I have not met one single person who got used to one pedal and says they hate it. In fact, they all say they wish all cars have this. And even if you do hate it, you can set it to low so it drives like a normal car. You can still coast just don't lift 100%. I think you never owned a Tesla?

I completely agree with you on the vent control, I hate it too but this is not a deciding factor and far from it

I almost exclusively control climate using voice. And constant OS updates gave me option to customize one of the scrolls to change fan speed.

I never had Android Auto so I can't compare but I do wish it came with it so I can at least try. Can't say much here. But again, not enough to make me not buy.

Not sure what you mean by muitiple traffic apps, but you can only show one thing anyway on your screen. And the stock GPS works just fine for me. it's google map, Tesla licensed it.

Cargo space is bigger but I'll be curious to see how many actually buy because of more room. But indeed this is a plus. But for me, it's not important.

All that said, I can find a lot more pluses in the M3 than Ioniq 5. Road trip is probably the most important one. But I'm sure eventually Hyundai will adopt NACS and Musk might open up all of its network to other brands. But I can't buy base on what might happen in the future.





Quote from funnyperson1 :
For me there are a few little things that taken together are infuriating about driving a Tesla compared to almost any other EV.
  1. Forced one pedal driving. Most other EVs have paddle shifters for adjusting regen from coasting to full one pedal braking. As a former hypermiler, conservation of momentum is everything, and coasting in a Tesla requires you to continuously apply force to the pedal.
  2. Touch screen air vents. I like to adjust my air vents while driving, Tesla took a solution that was so ergonomic, simple, and elegant and put freaking motors into the airvents controlled by a tablet interface.
  3. Physical HVAC controls. This is more true of my 2022 Kia Niro than the newer Kia/Hyundai EVs, but the HVAC interface is way more intuitive and safer to use while driving. The touchscreen is usable, but you still have to stare at it to do anything.
  4. Lack of Carplay. The Tesla multimedia interface is probably the best one made by a carmaker, but I can't take it with me when I leave the car. If I'm listening to a podcast on my iPhone, I want to resume it in the car. I want multiple mapping solutions for traffic management.
Also this is somewhat in a different class size-wise than a model 3. The Ioniq 5 is nearly a midsize (crossover) SUV and has close to 50% more cargo space than the Model 3 and is only slightly less spacious than a Model Y.

There's no debate that the Model 3 is currently the best value for an EV purchase, but there are still reasons one would purchase something else. I do think that we will start seeing heavier incentives from other manufacturers, especially on the lease side where they can compete with Tesla's tax credits. The IONIQs and EV6s seem to be piling up.
2

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Jun 22, 2023
1,113 Posts
Joined Oct 2010
Jun 22, 2023
alikaz
Jun 22, 2023
1,113 Posts
Quote from vajratlr :
I have not met one single person who got used to one pedal and says they hate it. In fact, they all say they wish all cars have this. And even if you do hate it, you can set it to low so it drives like a normal car. You can still coast just don't lift 100%. I think you never owned a Tesla?

I completely agree with you on the vent control, I hate it too but this is not a deciding factor and far from it

I almost exclusively control climate using voice. And constant OS updates gave me option to customize one of the scrolls to change fan speed.

I never had Android Auto so I can't compare but I do wish it came with it so I can at least try. Can't say much here. But again, not enough to make me not buy.

Not sure what you mean by muitiple traffic apps, but you can only show one thing anyway on your screen. And the stock GPS works just fine for me. it's google map, Tesla licensed it.

Cargo space is bigger but I'll be curious to see how many actually buy because of more room. But indeed this is a plus. But for me, it's not important.

All that said, I can find a lot more pluses in the M3 than Ioniq 5. Road trip is probably the most important one. But I'm sure eventually Hyundai will adopt NACS and Musk might open up all of its network to other brands. But I can't buy base on what might happen in the future.
Ya I keep hearing that too the tesla supercharger network is a game changer and makes all other EVs obsolete but there is the EA network? It seems like a lot of people don't know this exists:
https://www.electrifyamerica.com/locate-charger/
And Hyundai gives 2 years free charging with the I5 (at least they used to)

(Of course if you are in North Dakota it doesn't exist....)
Jun 22, 2023
216 Posts
Joined Jul 2016
Jun 22, 2023
funnyperson1
Jun 22, 2023
216 Posts
I haven't owned a Tesla, I've driven Model 3s on multiple occasions for several days at a time. Not enough time for me to be fully indoctrinated into the one-pedal driving cult though. I'm sure it becomes less annoying over time, but I really like my current driving style with my Kia EV. It's that "don't lift 100%" that gets me, with my Kia EV I can completely relax my leg off the pedal and coast, then it will automatically slow down if a car ahead is slowing/stopped.

I sometimes use Google/Apple/Waze maps simultaneously if there's a big traffic jam. You can only view one at once, but you get notifications from all of them.

If I were buying today I would get a Model 3 off price alone, I just wanted to point out some of the legitimate benefits of other EVs. When I bought my Kia there was a tax credit+0% for 60 months.
Quote from vajratlr :
I have not met one single person who got used to one pedal and says they hate it. In fact, they all say they wish all cars have this. And even if you do hate it, you can set it to low so it drives like a normal car. You can still coast just don't lift 100%. I think you never owned a Tesla?

I completely agree with you on the vent control, I hate it too but this is not a deciding factor and far from it

I almost exclusively control climate using voice. And constant OS updates gave me option to customize one of the scrolls to change fan speed.

I never had Android Auto so I can't compare but I do wish it came with it so I can at least try. Can't say much here. But again, not enough to make me not buy.

Not sure what you mean by muitiple traffic apps, but you can only show one thing anyway on your screen. And the stock GPS works just fine for me. it's google map, Tesla licensed it.

Cargo space is bigger but I'll be curious to see how many actually buy because of more room. But indeed this is a plus. But for me, it's not important.

All that said, I can find a lot more pluses in the M3 than Ioniq 5. Road trip is probably the most important one. But I'm sure eventually Hyundai will adopt NACS and Musk might open up all of its network to other brands. But I can't buy base on what might happen in the future.
Jun 22, 2023
720 Posts
Joined Dec 2012
Jun 22, 2023
faurelg
Jun 22, 2023
720 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%.
I think buyout as in turn that into a purchase which can include financing if you wish not long after the lease started. Buying at the end of the lease usually cost more to my knowledge
Jun 22, 2023
130 Posts
Joined Dec 2018
Jun 22, 2023
ElkBit
Jun 22, 2023
130 Posts
Does anyone have an Ionic 5 and live in a very hot region like Arizona? I'm curious how extreme heat affects the range and performance of the vehicle. I've known a couple of Leaf owners here in Phoenix; one told me that the weather kills their battery much quicker, and another had to replace the battery entirely through their warranty.
Last edited by ElkBit June 22, 2023 at 04:29 PM.
Jun 22, 2023
923 Posts
Joined Jan 2011
Jun 22, 2023
vajratlr
Jun 22, 2023
923 Posts
Quote from alikaz :
Ya I keep hearing that too the tesla supercharger network is a game changer and makes all other EVs obsolete but there is the EA network? It seems like a lot of people don't know this exists:
https://www.electrifyamerica.com/locate-charger/
And Hyundai gives 2 years free charging with the I5 (at least they used to)

(Of course if you are in North Dakota it doesn't exist....)
EA is not reliable, more often that not the chargers don't work. And its coverage in the country is nothing compare to SC. And you could burn down you car but probably low probability but enough for me to not use it.
Jun 22, 2023
1,594 Posts
Joined Jul 2005
Jun 22, 2023
DreamTFK
Jun 22, 2023
1,594 Posts
A neighbor of mine just sent back his Porsche Taycan. Said he had a lot of issues with it.
Jun 22, 2023
821 Posts
Joined Mar 2015
Jun 22, 2023
jacksan1
Jun 22, 2023
821 Posts
Quote from fintlewoodlewix :
Good luck finding one for MSRP, and if you do, it won't be a low MSRP.
In my area (Twin Cities MN), many of these Ioniq5's are getting $5k off MSRP right off the bat.

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Jun 22, 2023
109 Posts
Joined Oct 2014
Jun 22, 2023
AnotherCommenter
Jun 22, 2023
109 Posts
Quote from fuzi :
I went into the dealership last month and the sales guy smirking about shortages and market adjustment increases. I was asking about the ionic 5 and he wouldn't budge on the msrp when I clearly see like 9 of them sitting in the lot in the back lol.

I looked into a Sportage plug in and he said it has a mark up, they aren't getting many blah blah.

I already have a model y and wanted a different electric car but uggh the car dealership experience brought back all the bad memories of buying a car.

So I left the dealership and went on Tesla.com and ordered a model 3 for my wife.
The two downvotes you got probably means a few dealers lurking here Smilie

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