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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 292,766 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
Visit Hyundai

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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 27, 2023
1,217 Posts
Joined Jul 2006
Jun 27, 2023
PrincipalMember
Jun 27, 2023
1,217 Posts
Quote from ggapropros :
modern gas cars are so incredibly complicated its cute that you think they can be maintained by mechanics without the factories churning out parts.
First of all - there is not going to be a 100% transition from gas car to EV. May be in CA but not everywhere in the country. And what makes you think that even when the transition happens, car companies will stop making parts?
Jun 27, 2023
1,217 Posts
Joined Jul 2006
Jun 27, 2023
PrincipalMember
Jun 27, 2023
1,217 Posts
Quote from funkmasterta :
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.
If you are so smart, stop doing dumb payback period calculation for solar.
Jun 27, 2023
14,671 Posts
Joined Aug 2010
Jun 27, 2023
turnne
Jun 27, 2023
14,671 Posts
Quote from ggapropros :
modern gas cars are so incredibly complicated its cute that you think they can be maintained by mechanics without the factories churning out parts.
What are you talking about?

Lets look at a car that is roomier than this one...A Toyota Camry
People have literally driven USED Camry's for 10 years and 150K miles and done nothing but maintenance....brakes, tires..oil and filter changes

From a pure cost standpoint...I dont see how Hyundai beats a small/midsize reliable gasoline car in the first 10 years of ownership
1
Jun 27, 2023
401 Posts
Joined Nov 2016
Jun 27, 2023
deviantspeed
Jun 27, 2023
401 Posts
Quote from Core2Quad :
Financing? Isn't the real deal when you do a lease, get the $7500 credit then do a lease buyout?
I usually buy my cars. So to get this fed $7500 you have to lease (rent) the thing?
Jun 28, 2023
526 Posts
Joined Mar 2019
Jun 28, 2023
ggapropros
Jun 28, 2023
526 Posts
Quote from turnne :
What are you talking about?

Lets look at a car that is roomier than this one...A Toyota Camry
People have literally driven USED Camry's for 10 years and 150K miles and done nothing but maintenance....brakes, tires..oil and filter changes

From a pure cost standpoint...I dont see how Hyundai beats a small/midsize reliable gasoline car in the first 10 years of ownership
???

we're talking about in 2035 when CA bans gas cars. Industry will collapse. Good luck sourcing 1 of 1000 parts for a gas engine in 2040.

In 1980 mechanics knew carburetors

now they dont

In 1910 was common to know a farrier, thats a person who puts on new horse shoes. im guessing you didnt even know that word
Last edited by ggapropros June 27, 2023 at 05:52 PM.
5
Jun 28, 2023
4 Posts
Joined May 2015
Jun 28, 2023
garydech
Jun 28, 2023
4 Posts
Quote from bmattshiner :
Explain please!
Hyundai will apply 7500 credit to msrp as well as 5000 credit when you do the lease. Meaning your lease is for 12500 less than msrp. Then the next week you buy this out. Meaning you bought the car at a huge discount. Great thread in Ioniq Reddit on this.
Jun 28, 2023
269 Posts
Joined Jul 2019
Jun 28, 2023
PN10
Jun 28, 2023
269 Posts
Quote from garydech :
Hyundai will apply 7500 credit to msrp as well as 5000 credit when you do the lease. Meaning your lease is for 12500 less than msrp. Then the next week you buy this out. Meaning you bought the car at a huge discount. Great thread in Ioniq Reddit on this.
is it true that this model doesn't quality for the $7500 tax credit if purchased because it is built in Korea? Someone mentioned that is the reason the dealers are discounting thousands from the msrp.

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Jun 28, 2023
92 Posts
Joined Sep 2013
Jun 28, 2023
BPRLATL
Jun 28, 2023
92 Posts
Quote from VicSage :
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/
Where north ga?
Jun 28, 2023
15,329 Posts
Joined Sep 2009
Jun 28, 2023
Knightshade
Jun 28, 2023
15,329 Posts
Quote from PN10 :
is it true that this model doesn't quality for the $7500 tax credit if purchased because it is built in Korea? Someone mentioned that is the reason the dealers are discounting thousands from the msrp.

Correct, only way to get any of the $7500 EV federal credit on any Hyundai is leasing.
5
Jun 28, 2023
1,808 Posts
Joined Mar 2010
Jun 28, 2023
oppayah
Jun 28, 2023
1,808 Posts
Quote from lidoboi07 :
Ioniq needs to lower their price if they want to compete with model 3.
It's not just the price. Tesla drives much better than Ioniq.
6
Jun 28, 2023
2,435 Posts
Joined Dec 2007
Jun 28, 2023
reicaden
Jun 28, 2023
2,435 Posts
Quote from Zalupashvily :
$40000 car made of tin can metal plus sales tax, full coverage insurance. Crazy price. I can find Mercedes for $3-5k and drive it for the next 10 years in comfort and savings on those electric cars are not even close if I go with used car option
A Mercedes for 5k that you can drive for 10 years and won't cost an arm and leg in repairs? Do tell..... Send me a link please.
Jun 28, 2023
2,435 Posts
Joined Dec 2007
Jun 28, 2023
reicaden
Jun 28, 2023
2,435 Posts
Quote from oppayah :
It's not just the price. Tesla drives much better than Ioniq.
Disagree 100%. Tesla ride is harsher on the road and less refined... Ioniq5 rides smooth, comfortable. It's more the family car.
1
3
Jun 28, 2023
444 Posts
Joined Mar 2015
Jun 28, 2023
SDcl21
Jun 28, 2023
444 Posts
Quote from oppayah :
It's not just the price. Tesla drives much better than Ioniq.
I think most people who have driven both would disagree with you. The suspension on the Model Y is very unrefined. Sound isolation is also terrible on the Tesla. IMO the Ioniq blows Tesla out the water in this regard.
2
Jun 28, 2023
616 Posts
Joined Aug 2014
Jun 28, 2023
RickB1248
Jun 28, 2023
616 Posts
Quote from Zalupashvily :
$40000 car made of tin can metal plus sales tax, full coverage insurance. Crazy price. I can find Mercedes for $3-5k and drive it for the next 10 years in comfort and savings on those electric cars are not even close if I go with used car option
Good Luck with that. Mercedes will take you to the cleaners in that 10 yeqrs

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Jun 28, 2023
269 Posts
Joined Jul 2019
Jun 28, 2023
PN10
Jun 28, 2023
269 Posts
Quote from Knightshade :
Correct, only way to get any of the $7500 EV federal credit on any Hyundai is leasing.
I suppose the selling price will be quite different between lease and purchase due to the $7500 credit. Another word, one wouldn't get the discount off msrp for lease vs purchase.

Thanks.

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