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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

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 27, 2023
2,279 Posts
Joined Sep 2006
Jun 27, 2023
robertw477
Jun 27, 2023
2,279 Posts
Quote from PrincipalMember :
Gas cars will be like contraband - well maintained gas cars will command premium value.
The person stating has gas will not be in demand is so wrong. Like you state it will be the opposite. The last gas model of many cars will have actually have a premium value. Gas will still be sold at fair market. Aliens as well. Some claim will go way up. I believe 2030 is also noise and won't happen. I think that will be extended. The average car on the road today is 10 years old right now . So gas will be around for a very long time. the infrastructure right now is weak and EVS and a tiny microscopic slice of the market. I live in south Florida and we have a ton of Teslas on the road. Yet as a percentage very little total share.
Jun 27, 2023
2,279 Posts
Joined Sep 2006
Jun 27, 2023
robertw477
Jun 27, 2023
2,279 Posts
Quote from masuzu :
Why buy anything at all? Rent, mortgage, food, utilities, clothes? Give up all consumption so that you can have more money to invest in CDs. At maturity, roll over the CDs indefinitely.
CDS can be had well over 5 percent.
Jun 27, 2023
2,279 Posts
Joined Sep 2006
Jun 27, 2023
robertw477
Jun 27, 2023
2,279 Posts
Quote from BKEcho :
I don't know about you or EV cars but everybody knows Kia and Hyundai are not super dependable cars, especially their engines compared to japanese competitors. Their reliability is better than American car brands but nothing near Toyota and/or Honda. Common knowledge, check their failed engines for last decade or two, basically every engine they produced, below 150k miles was failed or replaced.
I have no skin in the game however reliability ratings from consumer reports and other have shown that KIA is very good right now and Hyundai is also fine. Both score higher than Tesla by a good margin. They also show Honda and Toyota slipped a bit. Do you drive every car you buy to 150-200k miles. Things may have been different 10-15 yrs ago. But reality is that things have changed in recent years.
Jun 27, 2023
1,217 Posts
Joined Jul 2006
Jun 27, 2023
PrincipalMember
Jun 27, 2023
1,217 Posts
Quote from Digitalgtr :
You should be focusing on buying a house instead of pissing away money on a $50k toy.

People often justify it saying "I only financed $25k because I traded in my 3 year old telluride that the dealer gave me $25k for"

They seem to ignore the actual cost per year. If they paid $55k for the telluride that's a $10k/year loss. I drive a used luxury vehicle that has cost me $8k between depreciation and minor repairs over 7.5 years
While I agree that focusing on something like house first is important, people may have enough money for both. So one model of what somebody should do does not fit everybody.

In terms of buying used luxury car - each person is different. Just a quick look at the ads in my area - 2008 Lexus ES 350 with 160K miles - that is around 8K. OK - you might do better with haggling and more deal searching. But personally, that is no longer a luxury car - they keep adding new safety features/bells and whistles that thinking that a 10-15 year old car with high mileage on it is as good as the new car is fantasy.

Simple fact: While frugality is good - you can't take all that money that you save to heaven with you. So not saying that just go outspend everybody - but if you have the money, there is nothing wrong wit spending on a new car. I have been new cars ever since my first real job and enjoyed every one of them and really enjoyed the trouble free ownership. But at certain age/mileage, it was clear that the overhead - not just in terms of $'s but in my "time" or having my wife deal with car issues, was not worth keeping the car any longer.
Jun 27, 2023
1,217 Posts
Joined Jul 2006
Jun 27, 2023
PrincipalMember
Jun 27, 2023
1,217 Posts
Quote from masuzu :
Why buy anything at all? Rent, mortgage, food, utilities, clothes? Give up all consumption so that you can have more money to invest in CDs. At maturity, roll over the CDs indefinitely.
Hey listen - if you promise to keep rolling CDs indefinitely - i.e. never collect money, I am offering 7% interest rate - interest required to be re-invested. At death of the CD owner, I can venmo to your address in Heaven. ;-)
Jun 27, 2023
20 Posts
Joined Nov 2010
Jun 27, 2023
joedaho
Jun 27, 2023
20 Posts
Quote from slatelsnarp :
IONIQ 5 battery warranty is 10 years / 100,000 miles
Just because it comes with a warranty doesn't mean you won't have headaches for them to honor it.
Jun 27, 2023
15,329 Posts
Joined Sep 2009
Jun 27, 2023
Knightshade
Jun 27, 2023
15,329 Posts
Quote from robertw477 :
I have no skin in the game however reliability ratings from consumer reports and other have shown that KIA is very good right now and Hyundai is also fine. Both score higher than Tesla by a good margin..


Again, which seems more useful in juding reliabilty:

A survey of people so old they can't figure out how to cancel their consumer reports subscription-- and a survey BTW which counts things like "I can't figure out the infotainment system" as a "quality problem"

Or....


Actual warranty claims rates across all owners and all brands?


(Hint: it's that second one-- And Tesla is the best in the industry among brands sold in the US based on the last 2 years of data available)


https://www.warrantyweek.com/arch...y%20claims.

That's warranty claims rate, as a percentage of sales, for all major brands for 2020 and 2021 (most recent data available)


Hyundais is 2.4% and 2.7%
Teslas is 1.1% and 1.1%. The best of any brand selling in the US.

(Toyota is a close #2, at 1.4% and 1.0% for those 2 years)
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Jun 27, 2023
1,422 Posts
Joined Apr 2004
Jun 27, 2023
WebDeals
Jun 27, 2023
1,422 Posts
Sorry, if I would have 41,000k I would consider something else. Definitely not Hyundai
Pro
Jun 27, 2023
7,719 Posts
Joined Mar 2005
Jun 27, 2023
flangomango
Pro
Jun 27, 2023
7,719 Posts
Quote from PrincipalMember :
Gas cars will be like contraband - well maintained gas cars will command premium value.
Have fun paying $9/gallon to drive 20 miles 🤣

Have fun paying thousands a year to maintain that aging ICE engine 😂

Have fun replacing the transmission when it goes out 💀

Meanwhile, I'll be driving on free electricity from the solar panels on my roof. Solar panels are dropping in price, our new system will pay for itself in only 5 years.

There are 1.446 billion cars. Only rare things are collectable.

I don't care what car you buy. I just know that your logic is financially stupid.
Last edited by funkmasterta June 27, 2023 at 12:55 PM.
1
Jun 27, 2023
38 Posts
Joined Jun 2013
Jun 27, 2023
Urbanjanitor
Jun 27, 2023
38 Posts
Quote from WebDeals :
Sorry, if I would have 41,000k I would consider something else. Definitely not Hyundai
You're not wrong. If this was a Genesis, folks would be gobbling it up, but paying well over $40K for a Hyundai seems high. That is, unless you actually care about the car, value, and performance. The Ioniq 5 is better than than the GV60 EV and most other luxury EVs (looking at you Volvo). Depends how much you care about brand name.
Jun 27, 2023
1,217 Posts
Joined Jul 2006
Jun 27, 2023
PrincipalMember
Jun 27, 2023
1,217 Posts
Quote from funkmasterta :
Have fun paying $9/gallon to drive 20 miles 🤣

Have fun paying thousands a year to maintain that aging ICE engine 😂

Have fun replacing the transmission when it goes out 💀

Meanwhile, I'll be driving on free electricity from the solar panels on my roof. Solar panels are dropping in price, our new system will pay for itself in only 5 years.

There are 1.446 billion cars. Only rare things are collectable.

I don't care what car you buy. I just know that your logic is financially stupid.
By the way - if you didn't know - transmission is way cheaper to replace than the batteries - not that I have had to replace transmission in any of my cars ever.

> There are 1.446 billion cars. Only rare things are collectable.

Yeah - that is why don't buy a Corolla - there will be too many of them. Desirable cars - e.g. V6 etc. will be at premium if the gas cars stop selling.

Every person's situation is different and not understanding that and calling somebody else's logic financially stupid is the biggest stupidity of all :-). I drive 4K miles per year in one of my cars - there is not enough gas consumed where EV would make a difference. I make too much money (nice problem to have ;-) ) where I don't qualify for the $7,500 rebate - so I have to evaluate things without subsidies. I also care about what I drive - it is just not about going and buying the cheapest thing and regretting for the next 15 years. So I am making a financial decision for my situation - not for your situation.

> our new system will pay for itself in only 5 years.

While Solar is not a bad investment - particularly in places like CA where PGE is completely shafting the customers, the math is not so trivial. Based on my recently purchased solar system, I suspect that your 5 year is based on dumb math of saying I paid X dollars at time 0 and then saved so much per-month on electricity. But you completely don't understand how capital works. You also have to figure out the "opportunity cost of not investing that capital" - particularly when people make smart investments and are making greater than 10% average returns. If you don't invest and put the money in the mattress, then your dumb math of 5 years is fine - but otherwise the payback period is much longer. Note: 10% is not a made up number - my whole early retirement is driven by years of leveraging capital something that your dumb math does not understand.
1
Pro
Jun 27, 2023
7,719 Posts
Joined Mar 2005
Jun 27, 2023
flangomango
Pro
Jun 27, 2023
7,719 Posts
Quote from PrincipalMember :
By the way - if you didn't know - transmission is way cheaper to replace than the batteries - not that I have had to replace transmission in any of my cars ever.

> There are 1.446 billion cars. Only rare things are collectable.

Yeah - that is why don't buy a Corolla - there will be too many of them. Desirable cars - e.g. V6 etc. will be at premium if the gas cars stop selling.

Every person's situation is different and not understanding that and calling somebody else's logic financially stupid is the biggest stupidity of all :-). I drive 4K miles per year in one of my cars - there is not enough gas consumed where EV would make a difference. I make too much money (nice problem to have ;-) ) where I don't qualify for the $7,500 rebate - so I have to evaluate things without subsidies. I also care about what I drive - it is just not about going and buying the cheapest thing and regretting for the next 15 years. So I am making a financial decision for my situation - not for your situation.

> our new system will pay for itself in only 5 years.

While Solar is not a bad investment - particularly in places like CA where PGE is completely shafting the customers, the math is not so trivial. Based on my recently purchased solar system, I suspect that your 5 year is based on dumb math of saying I paid X dollars at time 0 and then saved so much per-month on electricity. But you completely don't understand how capital works. You also have to figure out the "opportunity cost of not investing that capital" - particularly when people make smart investments and are making greater than 10% average returns. If you don't invest and put the money in the mattress, then your dumb math of 5 years is fine - but otherwise the payback period is much longer. Note: 10% is not a made up number - my whole early retirement is driven by years of leveraging capital something that your dumb math does not understand.
You're right, I'm a dumb lazy investor. I just dump my money into Vanguard funds and would rather focus on decorating our new 4900 Sq ft vacation home in La Jolla. You know, the one with the solar panels.
3
Jun 27, 2023
526 Posts
Joined Mar 2019
Jun 27, 2023
ggapropros
Jun 27, 2023
526 Posts
Quote from PrincipalMember :
By the way - if you didn't know - transmission is way cheaper to replace than the batteries - not that I have had to replace transmission in any of my cars ever.

> There are 1.446 billion cars. Only rare things are collectable.

Yeah - that is why don't buy a Corolla - there will be too many of them. Desirable cars - e.g. V6 etc. will be at premium if the gas cars stop selling.

Every person's situation is different and not understanding that and calling somebody else's logic financially stupid is the biggest stupidity of all :-). I drive 4K miles per year in one of my cars - there is not enough gas consumed where EV would make a difference. I make too much money (nice problem to have ;-) ) where I don't qualify for the $7,500 rebate - so I have to evaluate things without subsidies. I also care about what I drive - it is just not about going and buying the cheapest thing and regretting for the next 15 years. So I am making a financial decision for my situation - not for your situation.

> our new system will pay for itself in only 5 years.

While Solar is not a bad investment - particularly in places like CA where PGE is completely shafting the customers, the math is not so trivial. Based on my recently purchased solar system, I suspect that your 5 year is based on dumb math of saying I paid X dollars at time 0 and then saved so much per-month on electricity. But you completely don't understand how capital works. You also have to figure out the "opportunity cost of not investing that capital" - particularly when people make smart investments and are making greater than 10% average returns. If you don't invest and put the money in the mattress, then your dumb math of 5 years is fine - but otherwise the payback period is much longer. Note: 10% is not a made up number - my whole early retirement is driven by years of leveraging capital something that your dumb math does not understand.
funniest shit is you think that solar doesnt add to the value of the house when you go to sell and isnt an investment LOL

Maybe i can dumb this down.. you could buy 1x$20,000 share of a solar company, and then the stock pays you a $322 dividend in the form of an electricity bill every month for as long as you own it, and then on top of it at any time you can sell the stock for $20,000 (or lets say solar panel efficiency goes up so your solar panels are worth $17,000 in 5 years instead of $20,000)

then on top of it theres federal tax credits for solar

youd have to either be a very very very stupid investor or have insider knowledge on a stock to not prioritize the "dividend" of a solar investment + property value increase + federal tax credit
5
Jun 27, 2023
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Joined Mar 2019

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Jun 27, 2023
35 Posts
Joined Jul 2013
Jun 27, 2023
bmattshiner
Jun 27, 2023
35 Posts
Quote from Core2Quad :
Financing? Isn't the real deal when you do a lease, get the $7500 credit then do a lease buyout?
Explain please!

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