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expired Posted by fireserphant â€ĸ Jun 22, 2023
expired Posted by fireserphant â€ĸ 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
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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?

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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 :
Making up things nobody said in order to debate them is not discussion, it's a strawman. Which is what you were doing, and on being called out on it you're now trying to move goalposts and abandon the whole thing.



This one is called projection LMAO





You too, I'd also suggest getting an eye exam if you can spare the time!
...you WIN !!

Have a great day
Jun 23, 2023
15,329 Posts
Joined Sep 2009
Jun 23, 2023
Knightshade
Jun 23, 2023
15,329 Posts
Quote from Killbot0224 :
HVAC stereo nav.
Again HVAC just stays on auto and works great.

But if you simply MUST change something hit the steering wheel voice button and say "Set temperate to 69" or whatever and it works perfectly without even taking your hands off the wheel like you would for physical AC controls.

My Lexus had physical AC controls- I rarely used those either just left it on auto 99% of the time- for the remaining 1% I didn't even have the voice option I do now.


Stereo controls are already physically on the wheel.... (and if you want it to play a specific song or something- again- voice commands... because even with physical buttons you'd have to unsafely take your eyes off the road otherwise to do that)

Nav? Personally I put in destinations while parked before I start driving- in fact usually I send them to the car via my phone before I even get IN the car... but if you do it another way for some reason "Navigate to 123 Voice Command Lane" and done.

You can also customize all the steering wheel physical controls to do other things than they do by default if you want more physical control of specific things most folks do not.



Quote from Killbot0224 :
And even when parked, trunk release, hood release, etc, all hidden.
Hidden? Not remotely, no.

There's direct buttons literally on the home screen when parked. Want the trunk to open- press the OPEN icon above your trunk on the screen. Same with the frunk or chargeport.
Last edited by Knightshade June 23, 2023 at 08:25 AM.
4
Jun 23, 2023
2 Posts
Joined Feb 2023
Jun 23, 2023
GreenBelieve3513
Jun 23, 2023
2 Posts
Quote from butalearner :
Came here to point this out. The tl;dw version is the brake lights don't come on even when using the strongest regenerative brake setting until the car comes to a complete stop. The deceleration at that setting is quite strong, and if you get rear-ended and the trailing car has a dashcam, it could be argued that it's your fault.
They already announced a fix. Rolling out a software update as we speak.
1
Jun 23, 2023
108 Posts
Joined Feb 2023
Jun 23, 2023
Killbot0224
Jun 23, 2023
108 Posts
Quote from Knightshade :
Again HVAC just stays on auto and works great.

But if you simply MUST change something hit the steering wheel voice button and say "Set temperate to 69" or whatever and it works perfectly without even taking your hands off the wheel like you would for physical AC controls.

My Lexus had physical AC controls- I rarely used those either just left it on auto 99% of the time- for the remaining 1% I didn't even have the voice option I do now.


Stereo controls are already physically on the wheel.... (and if you want it to play a specific song or something- again- voice commands... because even with physical buttons you'd have to unsafely take your eyes off the road otherwise to do that)

Nav? Personally I put in destinations while parked before I start driving- in fact usually I send them to the car via my phone before I even get IN the car... but if you do it another way for some reason "Navigate to 123 Voice Command Lane" and done.

You can also customize all the steering wheel physical controls to do other things than they do by default if you want more physical control of specific things most folks do not.





Hidden? Not remotely, no.

There's direct buttons literally on the home screen when parked. Want the trunk to open- press the OPEN icon above your trunk on the screen. Same with the frunk or chargeport.
Fair, not hidden, just annoying not being at the driver's side (been a while since I drove a Model Y. Liked the mechanical bits. Shame they didn't make a better car around them). Removing steering wheel stalks is another problem. Touchscreens for blinkers? Have fun.

Tesla is all "reinventing the wheel even when it's worse, just for cool points"
Jun 23, 2023
121 Posts
Joined Jul 2013
Jun 23, 2023
ProfessorFarnsworth
Jun 23, 2023
121 Posts
Quote from jose206 :
Never leased before. How does this $7500 tax credit benefit a lease? I think of leasing as a rental so where does the $7500 come into play?
Lease isn't really a rental. You're basically agreeing to pay some percentage of the price of the car. There's a residual value of the car at the end of the lease. Say it's a $50k a car. There's a rough 1% rule for leases that says your monthly payment should be about 1% of the purchase price, so $500. At the end of the lease you will have paid around 40% of the price of the purchase price, or about 20k. In theory the car will be worth about $30k at the end of the lease.

How the tax credit comes into play is that it's like putting $7500 down towards your payments. So if you were going to end up paying $20k, you might end up actually paying $20k-7.5k = $12.5k. In practice though it doesn't work out completely like that since it's up to the dealer to decide if they want to give that value to you or keep it, but usually you can get most of that value.
Jun 23, 2023
9 Posts
Joined Dec 2019
Jun 23, 2023
FawnLakeDoll
Jun 23, 2023
9 Posts
Hard pass!
1
Jun 23, 2023
1,381 Posts
Joined Dec 2007
Jun 23, 2023
gubbar
Jun 23, 2023
1,381 Posts
Quote from omegalul :
Chevrolet Bolt EUV
even these. greedy dealers arent happy with msrp.

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Jun 23, 2023
17 Posts
Joined Apr 2021
Jun 23, 2023
Laponya
Jun 23, 2023
17 Posts
Quote from elefante72 :
Tired trope, have you been on a dealer lot lately? I just stopped in yesterday, and the dealer has 15 onsight and they are begging to get rid of them well below MSRP, and the lease donut hole is even sweeter. Ioniq 6 is just butt ugly, they are trying to get rid of them also. The Mach-e loaded on Ford lot (along w/ F-150). If you live in California or some super-hot area maybe not, but deals can be found now. I live in a ZEV state (NY) so they naturally get more supply we have never been out of EV so YMMV.

With Tesla getting the rebate and cheaper it is eating up all other EV's now, and anyone who has a CCS vehicle is regretting it. I have a Tesla and an Ioniq and I will tell you I will never buy another CCS vehicle ever. With the magic dock coming locally now, maybe not as bad but in general I literally hate CCS and J-connectors. The public charging experience is not even close. We take the PHEV (SantaFe) on the road now, even superchargers are getting jammed up w/ CCS vehicles taking up multiple spaces and generally not have any etiquette.
I heard Ford is adopting the NACS standard for 2025 vehicles. Also I have been interested in a Mach-e are you saying you have seen lots full of them?
Jun 23, 2023
15,329 Posts
Joined Sep 2009
Jun 23, 2023
Knightshade
Jun 23, 2023
15,329 Posts
Quote from Killbot0224 :
Fair, not hidden, just annoying not being at the driver's side
I mean, they're different on all cars.... on my Lexus the hood release was HARDER to get to than the button right on the home screen as you had to reach slightly UNDER the dash.... trunk release was roughly similar to touch screen, a button at about arms length.

But both were in different places from each other on the Lexus- versus having both right there on the same display. So physical buttons seem worse here overall.


Quote from Killbot0224 :
Removing steering wheel stalks is another problem.
One which does not currently exist on the Y (or 3) both still have stalks today- but also isn't the problem you suggest anyway (see below)


Quote from Killbot0224 :
Touchscreens for blinkers? Have fun.
Again you're making stuff up.

The S/X where they removed the stalks they put turn signal thumb buttons on the steering wheel.

You can see a picture of it here:
https://digitalassets-shop.tesla....3_2000.jpg

Again- this is actually BETTER for safety--- Both hands can remain on the steering wheel when engaging turn signals.

No touchscreen needed.



Quote from Killbot0224 :
T
Tesla is all "reinventing the wheel even when it's worse, just for cool points"

No, for manufacturing and parts simplicity in addition to reducing amount of physical movement needed to activate controls.
4
Jun 23, 2023
1,657 Posts
Joined Jul 2009
Jun 23, 2023
jose206
Jun 23, 2023
1,657 Posts
Quote from ProfessorFarnsworth :
Lease isn't really a rental. You're basically agreeing to pay some percentage of the price of the car. There's a residual value of the car at the end of the lease. Say it's a $50k a car. There's a rough 1% rule for leases that says your monthly payment should be about 1% of the purchase price, so $500. At the end of the lease you will have paid around 40% of the price of the purchase price, or about 20k. In theory the car will be worth about $30k at the end of the lease.

How the tax credit comes into play is that it's like putting $7500 down towards your payments. So if you were going to end up paying $20k, you might end up actually paying $20k-7.5k = $12.5k. In practice though it doesn't work out completely like that since it's up to the dealer to decide if they want to give that value to you or keep it, but usually you can get most of that value.
Appreciate that break down. Seems like its not for me.
Jun 23, 2023
15,329 Posts
Joined Sep 2009
Jun 23, 2023
Knightshade
Jun 23, 2023
15,329 Posts
Quote from Laponya :
I heard Ford is adopting the NACS standard for 2025 vehicles. Also I have been interested in a Mach-e are you saying you have seen lots full of them?

Ford and GM and Rivian are all adopting the Tesla NACS charge port standard as of 2025 vehicles (as of spring 2024 existing ones will get adapters to use NACS stations)

I would expect other brands to announce similar deals eventually-- Hyundai/Kia at least said they're looking into it.

VW likely to be last holdout since they own the EA charging network.

As to Mach E, yeah they're not selling great.... 112 days' supply on dealer lots as of June 1st which is nearly double the industry average.... high pricing compared to Model Y or 3 plus only getting half the EV credit has not been great for them.
1
Jun 23, 2023
212 Posts
Joined Sep 2016
Jun 23, 2023
JoeBell
Jun 23, 2023
212 Posts
Have to make this comment ask question.... With all the security issues with Kia Hyundai and some reports of issues with these..... Why wouldn't someone just go with the American made / company Tesla?
Jun 23, 2023
75 Posts
Joined Nov 2008
Jun 23, 2023
JaMon101
Jun 23, 2023
75 Posts
Quote from ChiefAlchemist :
Leases are simply car payments that never end. Ever. And once you're a non owner it's difficult to stop leasing cause it's so $$$.

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.
This is definitely anecdotal with some research - People over-estimate the need to replace their batteries because they think batteries "die". Batteries don't die, they lose capacity. You will get some cells going bad, don't get me wrong, but your pack won't die, at worst, you will have a bank that fails.

Engines have a million moving components, batteries don't. Engines will fail before a battery completely fails. Also, if a bank fails, you can replace that particular bank, not the entire pack. However, most shops won't do this because the knowledgebase isn't there yet. Note that unlike a trade profession (HVAC, nursing, lineman), car repairs shops don't really continuing education so you will have some old habit that refuse to die. My guess general rule of thumb is that old repair shops will never make the jump and are just waiting to retire. The newer generation, the ones that want to live off repairing cars, will learn as EVs are becoming more and more ubiquitous. Laziness and lack of education are the worst enemies of mankind...
Jun 23, 2023
33 Posts
Joined Jan 2016
Jun 23, 2023
mrexter
Jun 23, 2023
33 Posts
$41,450 for only 220 mile range on a good day.

From the Hyundai website: 220-mile All-Electric Range
EPA-estimated 303 mile driving range for 2023 IONIQ 5 SE/SEL/Limited RWD ($52,600); 266 mile driving range for IONIQ 5 SE/SEL/Limited AWD ($47,450); and 220 mile driving range for IONIQ 5 SE RWD (Standard Range-$41,450). All figures are EPA estimates and based on a fully charged battery. For comparison purposes only. Battery capacity decreases with time and use. Actual range will vary based on a number of factors, including vehicle options, driving conditions and habits, vehicle and battery's condition and outside temperature.
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Jun 23, 2023
630 Posts
Joined Apr 2018
Jun 23, 2023
SaveMeMoneyPlease69
Jun 23, 2023
630 Posts
Quote from Killbot0224 :
Folks are *crazy* with how much car $ they just light on fire.

1)Buy used, 2)drive it til its a total money pit (and by that I mean at *least* 2K a year in repairs! Maybe more!)

A friend recently traded in a 7 year old car that was a "money pit"... Because it needed $1200 in repairs. The first repairs it needed in over 3 years.

I asked him "add $1200 to your resale value, or trade in value, and how much of a car do you think you can get? You have a perfectly good car right here that you *know* isn't a lemon, know has been well maintained, etc. Spend $1200 on it today and you'll be way ahead of any car purchase you could ever make"

If you have a paid off car and spend less than ~$1500/yr outside of consumables, you are so far ahead it's not even funny!
Someone is just thumbs down posts by default I think. Perhaps cause we're all off topic for the original post, but heh, is to be expected for an EV thread. In our defense we are discussing secondary and tertiary aspects affecting the viability of this deal.

I agree whole hearted with the $$$ here and how the general public views repairs. There is a big perception problem with the auto industry. I touched on some of it, you take it a bit deeper here intertwined with sam's assessment of total cost of ownership.

When I break down #s like you did for friends they often mention reliability of a car once they have to spend on repairs other normal maintenance. There is a sad perception that seems to infect the majority that a car which requires over X dollars is totalled, not reliable anymore, or otherwise bad. For many reasons this is either no longer true or never was. I often think they are turning a blind eye because "Math is hurd" & they really just want to legitimize a really big shiney new purchase as necessity â˜šī¸. In fact I think that is why you see such heated debate on this topic also. "Don't burst my bubble man" type of thing.

Best we can do is stay calm and try to explain it. While secretly containing your frustration..."am I on crazy pills?" 😂
Last edited by SaveMeMoneyPlease69 June 23, 2023 at 09:40 AM.

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