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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 293,429 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
59 Posts
Joined Sep 2011
Jun 23, 2023
jtxx12
Jun 23, 2023
59 Posts
Quote from PurpleMaple :
It's not specific to this car. This problem also affects Mercedes and Kia.
It's resolved by using less aggressive regen braking. It will probably be resolved via software update sooner or later.

Calling it a design flaw is incorrect.
Tesla cars don't have this issue. Brake lights turn on when slowing down even though my foot is still on the accelerator
1
1
Jun 23, 2023
81 Posts
Joined Aug 2012
Jun 23, 2023
lil4x4
Jun 23, 2023
81 Posts
Quote from Vanquished :
There are also plenty of other cars that would be as easily stolen if there was a social media trend that encouraged it
Not really. nearly anything else built in the last 20 years has an immobilizer which means you need dealer programmed keys, a spare computer or other workaround. It is insane that 5 year old Hyundais had no theft deterrent whatsoever.
Jun 23, 2023
2,254 Posts
Joined Feb 2014
Jun 23, 2023
elefante72
Jun 23, 2023
2,254 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?
The Ford dealer by my house has like 6-7 of them. They are not a problem to get if you want them. West Herr Ford. What they are full of are F-150. Hyundai (West Herr) has like 10 Ioniq on the lot, maybe more in the back. They are pretty stocked.

Ford is adopting NACS but until then it will be CCS, so if you buy one before then you will need to live the adapter life but Tesla is adding magic docs to their stations (a CCS adapter in one), BUT the cables are still too short for many CCS vehicles so they are going to need to add new whips. My neighbor has a Mach-e and loves it. Very nice vehicle, I would recommend and no issues other than OTA foolishness which also presents in Hyundai. NO company does OTA like Tesla, not even close.

For EA, EvGO, etc they have CCS so you should be good, and worst comes to worse you just get an adapter for smaller stations for L2 AC if they don't carry a j-plug.

I carry J-> Tesla and Tesla -> J adapters just in case for L2/AC. They aren't expensive.
Last edited by elefante72 June 23, 2023 at 10:35 AM.
Jun 23, 2023
1,281 Posts
Joined Apr 2013
Jun 23, 2023
jmhulet
Jun 23, 2023
1,281 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!
No such think as a good lease deal anymore due to high interest rates that get baked in. You also have to pay origination and termination fees in many cases. I just buy now. So much easier and no stress when your lease ends.
Jun 23, 2023
2,254 Posts
Joined Feb 2014
Jun 23, 2023
elefante72
Jun 23, 2023
2,254 Posts
Quote from mrexter :
$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.
Also you need to be careful some models come w/ heat pumps (dont quote me but it is AWD SEL+), some (the lower ones) only come w/ resistive heating so expect 40% range decrease in the winter if you are hitting freezing or below. So it's not like all models have them. Kia the same thing. My Tesla is older and only has RH, range is easily from 300ish to 180 miles in the winter and you are needing to look to charge every two hours on the road. I just don't do it -- I pull out the PHEV.

Whatever the youtubers are showing you are straight up groomed content so expect 25-40% loss. My Tesla averages 250 Wh/mi (EPA) in the summer months, 280 in the fall/spring 50+, and 383 Wh/mi in the winter months (NY). This is over 4 years. And if I go over 72 MPH it goes up pretty quickly even w/ aero 18" tires. So I am giving you actual long term data, not some sanitized YT feel good story. The Ioniq is newer so It has a heat pump and only goes down 20% in the winter and I don't have YoY data yet.
Last edited by elefante72 June 23, 2023 at 10:32 AM.
Jun 23, 2023
38 Posts
Joined Jun 2013
Jun 23, 2023
Urbanjanitor
Jun 23, 2023
38 Posts
Quote from leeterbike :
Wait. Next year they'll take the 7500 off the purchase price, rates will be going down, and supply will be high.

You don't need this now. These have a long way to go. Tesla is significantly better.
Is Tesla significantly better? Seems worse.
Jun 23, 2023
38 Posts
Joined Jun 2013
Jun 23, 2023
Urbanjanitor
Jun 23, 2023
38 Posts
Quote from jtxx12 :
Tesla cars don't have this issue. Brake lights turn on when slowing down even though my foot is still on the accelerator
No, but Tesla's you have to deal with them being like like crap.
2

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Jun 23, 2023
44 Posts
Joined Nov 2011
Jun 23, 2023
Rag-Z
Jun 23, 2023
44 Posts
In for 4. Thank you. Jokes apart, it's funny to see posts on cars these days.
Jun 23, 2023
2,254 Posts
Joined Feb 2014
Jun 23, 2023
elefante72
Jun 23, 2023
2,254 Posts
Quote from Urbanjanitor :
No, but Tesla's you have to deal with them being like like crap.
Now there is some solid data!
Jun 23, 2023
38 Posts
Joined Jun 2013
Jun 23, 2023
Urbanjanitor
Jun 23, 2023
38 Posts
Quote from elefante72 :
Now there is some solid data!
Well Consumer Reports and JD Power both rank Tesla among lowest manufacturers in reliability for many years....
1
Jun 23, 2023
2,513 Posts
Joined Dec 2012
Jun 23, 2023
fuzzyballz
Jun 23, 2023
2,513 Posts
Quote from omegalul :
Chevrolet Bolt EUV
Good luck finding this for MSRP with non-negotiable add-ons. Manufacturers can't do a damn thing about dealership predatory markups.
Jun 23, 2023
96 Posts
Joined Nov 2017
Jun 23, 2023
DavidC1809
Jun 23, 2023
96 Posts
Quote from minifigg :
Which models? My last 2 lasted 15 years. My current 2 have 5 years each going strong and great warranties if anything dies. But, by all means give vague warnings about cars. What specific model and years?
I mean sure the engines are bad but they are covered under warranty. Both my kias had engines replaced... before they crapped out and I was stuck. Of course this was after the huge lawsuit.
Jun 23, 2023
15,329 Posts
Joined Sep 2009
Jun 23, 2023
Knightshade
Jun 23, 2023
15,329 Posts
Quote from Urbanjanitor :
Well Consumer Reports and JD Power both rank Tesla among lowest manufacturers in reliability for many years....

To be more accurate it's more like "a survey of people so old they still subscribe to consumer reports ranks...."

Meanwhile using actual industry data on what brands have the most, or least, warranty claims, Tesla is the best in the industry among brands selling in the US.


Toyota is a (very close) second after Tesla.
1
Jun 23, 2023
96 Posts
Joined Nov 2017
Jun 23, 2023
DavidC1809
Jun 23, 2023
96 Posts
Quote from robertw477 :
Your comments on leasing are wrong. Most leases are fleeces. But the sharp deals often work out great on luxury cars which have a high cost of ownership. You can drive that old 20 yr carolla until the wheels fall off as long as you know Ramsay rolls in high end stuff since he is paid heavy bucks to refer to all the companies that he gets a real piece of the action. The lease customer has to know his stuff. With the evs some of the residual values are up I the air and with the 7500 pass through on some it can make sense since Elon could drop pricing and get into a price war in the next few yrs. EVS for some people will save on gas. For others it may be a break even. There are factors that matter like the ability to charge at home.
I leased the original Cadenza for $289/mo for 3 years. Incredible deal and best car I've owned.

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Jun 23, 2023
96 Posts
Joined Nov 2017
Jun 23, 2023
DavidC1809
Jun 23, 2023
96 Posts
Quote from Urbanjanitor :
Well Consumer Reports and JD Power both rank Tesla among lowest manufacturers in reliability for many years....
My brother works for Tesla....shop is always full.
1

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