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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 293,150 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 23, 2023
1,758 Posts
Joined Jun 2009
Jun 23, 2023
dbernie41
Jun 23, 2023
1,758 Posts
Quote from PowerfulRoom7508 :
My neighbor brought because he hates tesla. But after 4 month of experience he is telling that he wold have choose model Y. His main concern that he can't drive and attend events even close to the city's. Now the car is just limited to groceries, dropping kids to school. It not even supporting to pick or drop a person to airport.
Does this person live a hundred miles from the city or airport?
Jun 23, 2023
109 Posts
Joined Nov 2021
Jun 23, 2023
PeacefullyInsane
Jun 23, 2023
109 Posts
Quote from fintlewoodlewix :
Good luck finding one for MSRP, and if you do, it won't be a low MSRP.
MSRP is MSRP. There's no high or low MSRP.
2
Jun 23, 2023
180 Posts
Joined Sep 2009
Jun 23, 2023
tgpaul
Jun 23, 2023
180 Posts
Quote from PeacefullyInsane :
MSRP is MSRP. There's no high or low MSRP.
I think they're saying if you find one at MSRP, it won't be a lower trim level with a (comparatively) low MSRP
Jun 23, 2023
1,381 Posts
Joined Dec 2007
Jun 23, 2023
gubbar
Jun 23, 2023
1,381 Posts
i'll buy one if my fkn local dealers will budge on price. they apparently want to negotiate the incentive dollars... effing crooks.
Jun 23, 2023
5,714 Posts
Joined Dec 2014
Jun 23, 2023
Vanquished
Jun 23, 2023
5,714 Posts
Quote from Sporkinum :
Tesla is owned by Musk, so no sale. I was cool with Hyundai until the deal with cars being easily stolen due to no immobilizer. As far as I know, that is not an issue with the electric ones, but is indicative of going cheap where you shouldn't go cheap.
My 2014 Ford PHEV only has 37k miles on it, so I am guessing I'll be fine for 10 more years.
The cars that were being stolen were the cheapest of the cheap hyundais that still had keys. I haven't owned a car with a key in over a decade.

There are also plenty of other cars that would be as easily stolen if there was a social media trend that encouraged it
Jun 23, 2023
5,714 Posts
Joined Dec 2014
Jun 23, 2023
Vanquished
Jun 23, 2023
5,714 Posts
Quote from tgpaul :
I think they're saying if you find one at MSRP, it won't be a lower trim level with a (comparatively) low MSRP
Yes that's what people are saying. Most dealers don't buy bone stock cars to put on the lot since there is less upcharge
Jun 23, 2023
117 Posts
Joined Sep 2018
Jun 23, 2023
AJX8141
Jun 23, 2023
117 Posts
Quote from actorps1 :
Click Calculate every time you change anything in terms or car selection etc.. If you have 719 credit score, it would be 1.49% and cost you an extra $10.54 month in op's example. If you change to 60 months, changes rate as well.

I miss the days of more subsidized leases. That is when they could really save you. Could get $40k car with nothing down and $400 or less a month. These $1k/mo payments are brutal.

Go EVs!
Yes I miss those day so much

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Jun 23, 2023
1,651 Posts
Joined Nov 2010
Jun 23, 2023
ejvyas
Jun 23, 2023
1,651 Posts
Quote from Knightshade :
This misunderstands the point of superchargers.

They're for road trips.

99% of EV charging is done at home while you sleep. You just wake up with a "full" tank every morning (or as full as you wish it to be depending on use and type of battery)... you don't need public chargers unless you're driving hundreds of miles that day


(and the vast majority of people in the US live in single family homes- yes there's a minority unable to charge at home currently, these might not be the ideal buyers for EVs today, but given EV supply isn't nearly enough to cover even just the people living in houses that's not really an issue overall-- by the time supply catches up the home charging for apartment dwellers will also be solved)
This misunderstands the point of home.

Many in US don't own homes that can charge eg. Condos, townhouses, apartments, mobile. For those, the only option is to leave a car at work or public space for 8+ hours or use superchargers. I opt for the later
1
Jun 23, 2023
1 Posts
Joined Dec 2016
Jun 23, 2023
Blackst0ck
Jun 23, 2023
1 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%.
More to life than accruing more money!
1
Jun 23, 2023
1,651 Posts
Joined Nov 2010
Jun 23, 2023
ejvyas
Jun 23, 2023
1,651 Posts
Quote from chunko :
I like to follow market trends for vehicles.

Markets are just starting to soften. Dealers are still building inventory and are only in the early stages of feeling pressure to move units.

If you need a car now, go for it...but I see prices continuing to drop over the next 6-12 months
Correct hut that means you will also get less for your gas car that you want to sell. It's not like you will get 10k discount. Also, the state credits will change by then
Pro
Jun 23, 2023
588 Posts
Joined Dec 2007
Jun 23, 2023
ThatOneGuy
Pro
Jun 23, 2023
588 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.
YMMV hugely of course, but I told my dealer I didn't want the addon package for my Bolt EUV. They were actually pretty quick to remove the $895 line item off the bill and left the stuff on the car. It was probably $100 in parts and labor for the dealer "upgrades" they did, so they probably only have to sell one to break even on 8+ cars... And you know they are suckering more than one in 9 folks into that.
Jun 23, 2023
15,329 Posts
Joined Sep 2009
Jun 23, 2023
Knightshade
Jun 23, 2023
15,329 Posts
Quote from ejvyas :
This misunderstands the point of home.
It's not though- since I provided specific details and numbers on that very thing.


Quote from ejvyas :
Th
Many in US don't own homes that can charge
As I specifically called out- this is a minority of the US population (less than 1 in 3 households)

EV supply isn't REMOTELY close to being able to supply even the >2/3rds of households that CAN charge at home and won't be for years yet.


So EVs will be harder for the minority to use for a while, but there's vastly more buyers who can charge at home out there than there are new EVs to buy- for years yet.

That doesn't mean it's impossible to own an EV if you live in an apartment with no home charging obviously (especially if you don't drive a ton of miles) but it means the current environment isn't really designed or intended for that.

By the time EVs can supply even 50% of the market- which is maybe by end of the decade- things like chargers at apartment complexes will be much more common- but that's not today.
1
Jun 23, 2023
630 Posts
Joined Apr 2018
Jun 23, 2023
SaveMeMoneyPlease69
Jun 23, 2023
630 Posts
How did we as consumers let cars get so expensive? All the bells and whistles are a distraction and unnecessary. Just need something to reliable get you from A to B safely.

I think car makers are taking us for a ride because they see too many are willing to get talked into a $40k car vs a $20k car. Pandemic pressure is there sure, but even that is overblown. My old econobox was 16yo when the pandemic hit. I was already pushing it's age and was ready for something new. A few repairs kept it running well enough to avoid contributing to the crazy pandemic price rush. Last year the AC went out too, but again, not a necessity. It's 20yo and still serves it's purpose just fine. Don't get talked into spend you don't need. Please really think twice if that spend is a loan/debt. You'd be amazed the difference between what you want vs need when you stop listening to commercials, sales reps, fan bois, etc.

Slickest deal is sometimes no deal at all. Keeps the most money in your pocket or account making you more $$$.
Jun 23, 2023
1,651 Posts
Joined Nov 2010
Jun 23, 2023
ejvyas
Jun 23, 2023
1,651 Posts
Quote from Knightshade :
It's not though- since I provided specific details and numbers on that very thing.




As I specifically called out- this is a minority of the US population (less than 1 in 3 households)

EV supply isn't REMOTELY close to being able to supply even the >2/3rds of households that CAN charge at home and won't be for years yet.


So EVs will be harder for the minority to use for a while, but there's vastly more buyers who can charge at home out there than there are new EVs to buy- for years yet.

That doesn't mean it's impossible to own an EV if you live in an apartment with no home charging obviously (especially if you don't drive a ton of miles) but it means the current environment isn't really designed or intended for that.

By the time EVs can supply even 50% of the market- which is maybe by end of the decade- things like chargers at apartment complexes will be much more common- but that's not today.
Owning a home has nothing to do with EV. You are unnecessarily complicating things. Perhaps it still applies in states that want to live in stone age.

There are many that offer free charging for first few years and folks would rather use that as compared to charge on home or work stations.

Night charging is overrated and not essential requirement for owning EV

Got many in my area that specifically charge at fast chargers.

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Jun 23, 2023
630 Posts
Joined Apr 2018
Jun 23, 2023
SaveMeMoneyPlease69
Jun 23, 2023
630 Posts
I'm very curious just how EV's truly rack up when accounting for the pollution issues with battery manufacturing and disposal/reclamation. Suppose we'll have to wait a few more years for real #s there. As humans, many times, in general we tend to trade one problem for another just further down the road. Perhaps I'm not so evil still driving a fuel efficient gas vehicle 🤷

Then on the mileage side how they rack up $ per mile compared to gas. Anyone have numbers for this in the North East with electric / gas pricing? How much am I really saving? As EVs become more prevalent they will likely raise electric rates based on demand.
Last edited by SaveMeMoneyPlease69 June 23, 2023 at 07:28 AM.
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