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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
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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

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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 25, 2023
1,668 Posts
Joined Dec 2010
Jun 25, 2023
matrix5k
Jun 25, 2023
1,668 Posts
Quote from yohyoh :
Check out the new Volvo EX30, $35k..
It's too small. The XC40 is too small too, especially in the back . Ioniq5 has way more interior space and leg room than it's competitors including Model Y.
Jun 25, 2023
1,247 Posts
Joined Dec 2005
Jun 25, 2023
Mr.Le
Jun 25, 2023
1,247 Posts
I wish it would drop down to the low 30k price point. i got the e golf back when they took $10k-$12k and the price was like $22k plus on top of that you got the $7500 federal and $2500 state.it was SD that convicted me to get that one. has been great and has definitely paid for itself since i get free charging at work. but i wouldn't mind a larger vehicle and longer range.i'm a fan of EV but paying $45k-$60K for these commuter cars is just too much in my opinion. l have a home charger and work charger and i've tried to charge it on the road about 10 times in the past 3yrs. and half those times has been a nightmare. Once with in a new condo and the charger was one floor underground so phone didn't have signal to talk to charger, another time i thought it was charging and came out an hour later and it never charged, several times i went to different charger that was supposedly available and get there and they're already taken up by other cars.
Jun 25, 2023
1,513 Posts
Joined Dec 2005
Jun 25, 2023
Gettingnowhere
Jun 25, 2023
1,513 Posts
Quote from Mr.Le :
I wish it would drop down to the low 30k price point. i got the e golf back when they took $10k-$12k and the price was like $22k plus on top of that you got the $7500 federal and $2500 state.it was SD that convicted me to get that one. has been great and has definitely paid for itself since i get free charging at work. but i wouldn't mind a larger vehicle and longer range.i'm a fan of EV but paying $45k-$60K for these commuter cars is just too much in my opinion. l have a home charger and work charger and i've tried to charge it on the road about 10 times in the past 3yrs. and half those times has been a nightmare. Once with in a new condo and the charger was one floor underground so phone didn't have signal to talk to charger, another time i thought it was charging and came out an hour later and it never charged, several times i went to different charger that was supposedly available and get there and they're already taken up by other cars.
Using egolf as an example isn't really that great. That was more of a compliance car. You can't get them besides about four states. As far as for pricing goes that is.
Jun 25, 2023
15,329 Posts
Joined Sep 2009
Jun 25, 2023
Knightshade
Jun 25, 2023
15,329 Posts
Quote from pmperry :
First, Tesla lowered their prices because of these Hyundai Electrics,
They really didn't.

The Hyundai in this thread sells about 2000 cars a month in the US.

Teslas Model Y, for example, the best selling car is the world, sells over 27,000 cars a month in the US.


This car came out in 2021.

Tesla was steadily raising prices throughout 2022.

Teslas price cuts in 2023 are reflective of:

Vastly increased production of Teslas (avg 50% YoY growth for a decade now) so economies of scale lower their costs quite a bit- hence why they continue to have record profit margins even when cutting prices.
and
Higher interest rates slowing car sales in general






Quote from pmperry :
Second, most people falsely believe that there's no charging network for the Ioniq and that's simply not true.
I can't recall anybody actually making this claim in the thread- so you appear to be building a strawman here.

it certainly has an inferior charging network, that's objectively provable- but it HAS one.




Quote from pmperry :
Third, Biden's initial plan for only American made cars to receive the deductible, put Hyundai in an awkward spot until that was ironed out. This is probably why there was a backlog as the tax credit didn't apply to them for a few months.
This again is grossly, factually, wrong.

The tax credit applied for more cars the first few months- it now applies to less

And it never and still does not apply to buying Hyundais.


It does apply to all EVs that are leased.

But it always did since the credit started so noting changed there


So literally nothing you wrote reflects reality.


Quote from ejvyas :
I explained this multiple times. Having personal experience.
It appears your experience was just that you didn't understand how to get this taken care of.


Quote from ejvyas :
Even if the laws cover, it's not foolproof nor do I have enough knowledge to fight it.
Thanks for confirming!



Quote from ejvyas :
Besides it's not a claim unless the dealer claims. It's not like I can open a ticket with Toyota
Of course you can.

I went through exactly this with Lexus. My local dealer didn't want to cover something-- I called Lexus directly and they handled it.

If they hadn't I could have simply gone to a different dealer- since they're independently owned and operated but the new car warranty is valid at any of them.

And if that didn't work I could've gone to the state attorney general to enforce the warranty.

And if that didn't work I could've gone to small claims court or to the FTC.


There's like 6 layers of further recourse if one local dealer won't help you.

Shame you were, as you now admit, unaware of any of this... a few minutes googling enforcement of new car warranty would've saved you a ton of $ it seems.


And again, the SAME rules and laws apply to all brands of cars so there's nothing that would impact the warranty claims rate of one versus the other in any of this.
Last edited by Knightshade June 25, 2023 at 07:12 AM.
4
Jun 25, 2023
1,651 Posts
Joined Nov 2010
Jun 25, 2023
ejvyas
Jun 25, 2023
1,651 Posts
Quote from Knightshade :
They really didn't.

The Hyundai in this thread sells about 2000 cars a month in the US.

Teslas Model Y, for example, the best selling car is the world, sells over 27,000 cars a month in the US.


This car came out in 2021.

Tesla was steadily raising prices throughout 2022.

Teslas price cuts in 2023 are reflective of:

Vastly increased production of Teslas (avg 50% YoY growth for a decade now) so economies of scale lower their costs quite a bit- hence why they continue to have record profit margins even when cutting prices.
and
Higher interest rates slowing car sales in general








I can't recall anybody actually making this claim in the thread- so you appear to be building a strawman here.

it certainly has an inferior charging network, that's objectively provable- but it HAS one.






This again is grossly, factually, wrong.

The tax credit applied for more cars the first few months- it now applies to less

And it never and still does not apply to buying Hyundais.


It does apply to all EVs that are leased.

But it always did since the credit started so noting changed there


So literally nothing you wrote reflects reality.




It appears your experience was just that you didn't understand how to get this taken care of.




Thanks for confirming!





Of course you can.

I went through exactly this with Lexus. My local dealer didn't want to cover something-- I called Lexus directly and they handled it.

If they hadn't I could have simply gone to a different dealer- since they're independently owned and operated but the new car warranty is valid at any of them.

And if that didn't work I could've gone to the state attorney general to enforce the warranty.

And if that didn't work I could've gone to small claims court or to the FTC.


There's like 6 layers of further recourse if one local dealer won't help you.

Shame you were, as you now admit, unaware of any of this... a few minutes googling enforcement of new car warranty would've saved you a ton of $ it seems.


And again, the SAME rules and laws apply to all brands of cars so there's nothing that would impact the warranty claims rate of one versus the other in any of this.
I think you don't understand the intricacies of ICE cars. The dealers will always have a elaborate process which will run the warranty out. The manufacturer will always side with the dealer. 5k worth was not worth my time and money. It's better selling and buying an EV.

I went to 3 dealers and paid 1000+ worth of diagnostics for something I discovered due to my meticulous maintenance . It seems you make too many assumptions. I did contact Toyota who asked me to take a walk. If I went to court they would have 1+ yr of diagnostics with 1-2k + money before accepting it. Again making assumptions about me. It just seems you don't have personal experience using warranty.

Will say this again - warranty comparison is not apples to apples. Tesla is no baseline in warranty.
1
Jun 25, 2023
386 Posts
Joined Dec 2005
Jun 25, 2023
muslhead
Jun 25, 2023
386 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%.
If all you are getting is 4.3% you should shop around as you are getting ripped off and leaving money on the table. Current rates for treasuries are 5.3% and CD's are slightly more at 5.5%. (As of Fridays market close)
Jun 25, 2023
313 Posts
Joined Oct 2020
Jun 25, 2023
Billyteddy
Jun 25, 2023
313 Posts
For a Hyundai? hell no
3

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Jun 25, 2023
15,329 Posts
Joined Sep 2009
Jun 25, 2023
Knightshade
Jun 25, 2023
15,329 Posts
Quote from ejvyas :
I think you don't understand the intricacies of ICE cars.
You seem to think a lot of things that have no basis in fact.

Why is that?



Quote from ejvyas :
The dealers will always have a elaborate process which will run the warranty out. [The manufacturer will always side with the dealer.
Neither of those is remotely true.

In fact I specifically cited the opposite of the second one happening, to me, that "personal experience" you always want to harp on- with an ICE vehicle.



Quote from ejvyas :
5k worth was not worth my time and money.
One phone call isn't worth your time to save $5,000?

I didn't realize Bill Gates had an account here! LMAOLMAOLMAO


Quote from ejvyas :
I went to 3 dealers and paid 1000+ worth of diagnostics for something I discovered due to my meticulous maintenance .
If the car is under warranty you ought not have paid anything at all.

Sounds like there's a lot more to the story you're either not telling us, or you didn't understand.

And since you already admitted you didn't understand a lot about warranty stuff or the law the second seems more likely... could be both I guess?


Quote from ejvyas :
If I went to court they would have 1+ yr of diagnostics with 1-2k + money before accepting it.
....what?

Small claims court doesn't take a year, nor cost thousands of dollars. In most places it's under $100 to file suit and the case is resolved in under a month.

Neither does calling the state attorney general or the FTC cost you anything but a phone call.



Quote from ejvyas :
. It just seems you don't have personal experience using warranty.
I literally cited one in the post you are replying to debunk your "you can't call the car maker" claim.


SPEAKING OF--


You just wrote-

Quote from ejvyas :
I did contact Toyota.

But wait... LAST post you said you can't do that...

Quote from ejvyas :
. It's not like I can open a ticket with Toyota.
Man, even you can't agree with you!


(even though you can of course do that- and as soon as I mentioned I did so you changed your story to claim YOU did too right after telling us it's not possible)


If you're gonna make up nonsense at least get the nonsense story consistent first maybe?
4
Jun 25, 2023
1,651 Posts
Joined Nov 2010
Jun 25, 2023
ejvyas
Jun 25, 2023
1,651 Posts
Quote from Knightshade :
You seem to think a lot of things that have no basis in fact.

Why is that?





Neither of those is remotely true.

In fact I specifically cited the opposite of the second one happening, to me, that "personal experience" you always want to harp on- with an ICE vehicle.





One phone call isn't worth your time to save $5,000?

I didn't realize Bill Gates had an account here! LMAOLMAOLMAO




If the car is under warranty you ought not have paid anything at all.

Sounds like there's a lot more to the story you're either not telling us, or you didn't understand.

And since you already admitted you didn't understand a lot about warranty stuff or the law the second seems more likely... could be both I guess?




....what?

Small claims court doesn't take a year, nor cost thousands of dollars. In most places it's under $100 to file suit and the case is resolved in under a month.

Neither does calling the state attorney general or the FTC cost you anything but a phone call.





I literally cited one in the post you are replying to debunk your "you can't call the car maker" claim.


SPEAKING OF--


You just wrote-




But wait... LAST post you said you can't do that...



Man, even you can't agree with you!


(even though you can of course do that- and as soon as I mentioned I did so you changed your story to claim YOU did too right after telling us it's not possible)


If you're gonna make up nonsense at least get the nonsense story consistent first maybe?
You cannot open any warranty claim with manufacturer like Toyota. You can call and ask and they will tell you to contact dealer for diagnoatics. How difficult is this to comprehend?

I understand warranty or laws. I said they know more than me. They can prove more things in court than me. Eg. My friend had an oil consumption issue which was rejected. . They can say all cars burn oil and since check engine light is not on, you are all good.

If you are discounting others' opinion.... YOU WIN 😜

I hope you are happy with your Tesla and warranty. Not sure why you are hijacking some thread and not trusting others experience.
Last edited by ejvyas June 25, 2023 at 07:53 AM.
1
Jun 25, 2023
15,329 Posts
Joined Sep 2009
Jun 25, 2023
Knightshade
Jun 25, 2023
15,329 Posts
Quote from ejvyas :
You cannot open any warranty claim with manufacturer like Toyota. You can call and ask and they will tell you to contact dealer for diagnoatics. How difficult is this to comprehend?
Very because that's not at all how it went for me.

I called, pointed out there's something the local dealer did not want to cover that the warranty said they should- Lexus agreed, called the dealer on my behalf, and they took care of it.

one phone call and done.

Exactly the thing you keep insisting is impossible, yet actually happened.


Quote from ejvyas :
I understand warranty or laws.
Again you can't keep your own story straight- you a few posts ago-


Quote from ejvyas :
Even if the laws cover, it's not foolproof nor do I have enough knowledge to fight it.
So after admitting you didn't know enough to fight it, you change your story to claiming you DO know this stuff?


Then you change the excuse to-

Quote from ejvyas :
They can prove more things in court than me
I mean... if they can prove them then the denial of the claim was valid.

Your original story was they wouldn't cover something that should have been covered. If that was true they could NOT prove otherwise.

So again- you keep changing your story every time you get caught saying something contradicted by facts.

Now you appear to have moved the story to "Well I didn't go to court because they actually had proof I was wrong" LMAOLMAOLMAO


BTW I'm not the one hijackings anything.... I just cited factual warranty claims rates between car makers-- that was it.


You then came in with your tall tales about how nobody actually honors car warranties and there's nothing anyone can do about it.... (which even if it WERE true STILL wouldn't change what I posted since you claim it's true across all brands- so my stats would STILL be accurate for comparison!)

Protip- If you find yourself in a hole-- stop digging.
Last edited by Knightshade June 25, 2023 at 08:15 AM.
3
Jun 25, 2023
1,651 Posts
Joined Nov 2010
Jun 25, 2023
ejvyas
Jun 25, 2023
1,651 Posts
Quote from Knightshade :
Very because that's not at all how it went for me.

I called, pointed out there's something the local dealer did not want to cover that the warranty said they should- Lexus agreed, called the dealer on my behalf, and they took care of it.

one phone call and done.

Exactly the thing you keep insisting is impossible, yet actually happened.




Again you can't keep your own story straight- you a few posts ago-




So after admitting you didn't know enough to fight it, you change your story to claiming you DO know this stuff?


Then you change the excuse to-



I mean... if they can prove them then the denial of the claim was valid.

Your original story was they wouldn't cover something that should have been covered. If that was true they could NOT prove otherwise.

So again- you keep changing your story every time you get caught saying something contradicted by facts.

Now you appear to have moved the story to "Well I didn't go to court because they actually had proof I was wrong" LMAOLMAOLMAO


BTW I'm not the one hijackings anything.... I just cited factual warranty claims rates between car makers-- that was it.


You then came in with your tall tales about how nobody actually honors car warranties and there's nothing anyone can do about it.... (which even if it WERE true STILL wouldn't change what I posted since you claim it's true across all brands- so my stats would STILL be accurate for comparison!)

Protip- If you find yourself in a hole-- stop digging.
You WIN as it seems you have issues trusting other experiences and keep insisting what happened to you is the final answer.

On top of that you laugh at others opinions. Hopefully you will learn to respect others at some point. Have a great weekend ✌️
Last edited by ejvyas June 25, 2023 at 09:25 AM.
1
Pro
Jun 25, 2023
2,941 Posts
Joined Nov 2005
Jun 25, 2023
BrainDoc
Pro
Jun 25, 2023
2,941 Posts
Quote from ThatOneGuy :
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.
It's highly dealer dependent. I was looking at a Bolt EUV (didn't get one) and found a dealer with a $400 dealer fee, no extras added, and the sales price was MSRP. That dealer was 2.5 hours away from me. No other dealers closer had anything nearly as reasonable.

The issue is that most of the dealers around me automatically put on the add-on packages. They "treat" the car and do other things automatically to every car coming on their lot. This way they "can't" remove the add-ons because they've already provided the "service" and parts. It's scummy. The best thing to do is not support these dealers but when the only Toyota, Honda, Kia, Ford, Hyundai, and GM dealers in a city all do it, it's difficult to buy a car you want. Some of us are willing to travel a considerable distance to avoid this but for me, it requires going at least 2+ hours away, and I know many people who are not willing or able to do that. This means they are stuck.

There are some dealers around me not doing that but they are now in the minority. I think the Subaru dealer in my city doesn't play those games but that's just hearsay and I haven't talked with them myself yet.

It's high time this whole industry was fixed. Some of the car manufacturers are trying to fix it.
Jun 25, 2023
75 Posts
Joined Dec 2011
Jun 25, 2023
foodSnail
Jun 25, 2023
75 Posts
Quote from Knightshade :
The Hyundai in this thread sells about 2000 cars a month in the US.

Teslas Model Y, for example, the best selling car is the world, sells over 27,000 cars a month in the US.
https://media.giphy.com/media/bjB.../giphy.gif

You sure about that?
Jun 25, 2023
1 Posts
Joined Jun 2023
Jun 25, 2023
StrongShop584
Jun 25, 2023
1 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.
Electric batteries last quite some time. Have 250,000 miles on my Prius.

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Jun 25, 2023
15,329 Posts
Joined Sep 2009
Jun 25, 2023
Knightshade
Jun 25, 2023
15,329 Posts
Quote from foodSnail :
https://media.giphy.com/media/bjB.../giphy.gif

You sure about that?

Of course, since everything I wrote is well documented fact.

A better question is why you're not sure.


Citation for Model Y being the best selling car in the world:
https://cleantechnica.com/2023/05...a-model-y/

Quote :
The Tesla Model Y was the best selling car in the world in the first quarter of 2023
Citation for it selling over 27,000 units a month in the US:

https://insideevs.com/news/672690...ehicle-us/

Quote :
Tesla's best-selling model doubled registrations to 127,541 in the first four months of 2023
NOTE: this is actually 1 month more data than I cited before- meaning they're now averaging over 30,000 a month in the first 4 months of the year (and as sales continue to rise it remains likely it'll end the whole year as the worlds best selling vehicle)


Citation for Hyundai only selling about 2000 of this car a month in the US:

https://carfigures.com/us-market-...ai/ioniq-5

Quote :
2023 1,548 2,074 2,114 2,323 2,446
That's monthly US sales of the IONIQ 5 in the US. Average across the 5 months is 2101 cars a month.
4

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