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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 292,747 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 29, 2023
248 Posts
Joined Nov 2006
Jun 29, 2023
msasbill
Jun 29, 2023
248 Posts

Our community has rated this post as helpful. If you agree, why not thank msasbill

Quote from wethead4 :
The Tesla buying experience is 2nd to none. No bs hidden fees, price has been going down significantly as well as wait tjmes
Yeah, showing up at a dealership across town and being told you can't test drive a car for two weeks is a real premium experience 🙄

We were seriously considering buying a Tesla for my wife. It's a bit too apple store for me. I literally laughed out loud when he told us the earliest appointment to do a test drive was 13 days out.

I say this as a long time shareholder, hope they sell a bunch, but I didn't find the buying experience very premium at all.
2
Jun 29, 2023
15,329 Posts
Joined Sep 2009

This comment has been rated as unhelpful by Slickdeals users.

Jun 29, 2023
6,235 Posts
Joined Mar 2005
Jun 29, 2023
PedroR
Jun 29, 2023
6,235 Posts
Quote from tonkotsu :

I still see tons of 10-15+ year old Hondas and toyotas every single day in socal

Virtually no Hyundais or kias over 10 years old
Please provide some real data ...not anecdotal

You can get it here

https://data.ca.gov/dataset/vehic...y-zip-code

And plot it against market share
1
Jun 29, 2023
2,279 Posts
Joined Sep 2006
Jun 29, 2023
robertw477
Jun 29, 2023
2,279 Posts
Quote from tonkotsu :
Interesting

I still see tons of 10-15+ year old Hondas and toyotas every single day in socal

Virtually no Hyundais or kias over 10 years old

This is in socal too, supposedly a hot market for them
That is merely anecdotal. However the mass results data tells a different story. I had Hondas and Toyotas in the past. Reality is as follows. Inb the 1970s-maybe into 1990s there were alot of bad American cars. Honda, Yoyota had a huge lead in reliability. Things have somewhat changed. in the 70s and 80s a car making it to 100K miles was nowhere as common as today. As with anything things change so clearly they are doing alot better job Kia and Hyundai, and other brands are catching up with Honda and Toyota. That is what seems to be happening. As with any brand there are occasional models that can be clunkers.
Jun 29, 2023
2,279 Posts
Joined Sep 2006
Jun 29, 2023
robertw477
Jun 29, 2023
2,279 Posts
Quote from Knightshade :
What that tells you is demand is so high they don't have unsold cars sitting around with nothing better to do.

Most folks don't need a brand new car so quickly they go from "had no idea I was car shopping" to "have to have already bought the car in less than 2 weeks" though so it's a pretty tight niche you're concerned about.


Anyway, rather than randomly showing up, Tesla already has scheduling demo drives in advance set up on the website- so no need to waste a trip

https://www.tesla.com/drive


Regarding "premium experience" mine was vastly more premium than my test drive experience with Lexus--


With Lexus:

Show up to test drive- have to play 20 questions about how soon I'm looking to buy, if I like anything right on the lot today, if I'm financing or not, etc (this is all before I even get to drive the car).... then the guy is annoyed anytime I test any of the performance aspects of the alleged sport sedan (IS350), then when we get back he's hounding me about buying something today (even though in his pre-drive quiz I'd made it clear I would be custom ordering as they don't have the config I want)--- then AFTER finally getting away from him he called every couple days for weeks asking if I'd consider taking something on the lot. When I finally DID reach out to try and special order he refused to honor the price he'd originally discussed with me in person. Ended up having to speak directly with management at a different dealership to get anyone sane enough to take my money for what I actually wanted.


Meanwhile at Tesla I just got to show up for my test drive appointment, test drive the car, have the guy ask if I had any questions, then I left, and he didn't bother me further. Went online, configured what I wanted, the price was the price- period- then waited to be contacted to pick it up.

WAY WAY better experience than a traditional dealer.


See also this very thread where folks keep having so much trouble finding the config they want at all, and even then being largely unable to find it at the same price as the next guy (or even at MSRP).








I mean, the fact you have to wait weeks to test drive one suggests they are doing exactly that Smilie
What you are saying applies ot Lexus, BMW, Volvo, Mercedes, etc etc etc etc. Its called the grind. The majority of customers are suckers.
Jun 29, 2023
1,478 Posts
Joined Sep 2018
Jun 29, 2023
AmusedPlastic6071
Jun 29, 2023
1,478 Posts
Can they do 0.99% for 10 years? Loan will be paid off when warranty runs out

That msrp is pretty steep
Jun 29, 2023
2,481 Posts
Joined Apr 2008
Jun 29, 2023
cheapodeal
Jun 29, 2023
2,481 Posts
Quote from msasbill :
Yeah, showing up at a dealership across town and being told you can't test drive a car for two weeks is a real premium experience 🙄

We were seriously considering buying a Tesla for my wife. It's a bit too apple store for me. I literally laughed out loud when he told us the earliest appointment to do a test drive was 13 days out.

I say this as a long time shareholder, hope they sell a bunch, but I didn't find the buying experience very premium at all.
Which part of the country are you? In Phoenix area, you can get test drive appointment for next day.

Did you tried having appointment or you just stop by?

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Jun 30, 2023
655 Posts
Joined Nov 2016
Jun 30, 2023
Speedmaster1
Jun 30, 2023
655 Posts
Quote from BrainDoc :
The problem with many car dealers right now is that not only are many cars going for more than MSRP (not only the dealers' faults), most dealers have exorbitant dealer fees. Then they add on all sorts of unnecessary dealer packages, some of which are not ones you can reject. Multiple dealers in my area automatically add clear coat protection and other things to every car so if you want a particular make and model of car, you have to buy from them and pay extra for their packages. In the past, they would wait to offer these to you at time of sale but now they do them automatically to every car. There are some dealers that don't do this but in my area they are rare.

In any case, it's probably best to lease electric cars until the plugs are standardized, which is happening, if you can deal with the limitations of a lease. Also, a lease with a Hyundai is where you can get the $7500 tax credit, if you qualify. If you won't qualify because you earn too much money, then it can be worth buying instead of leasing.
You are absolutely right. When I started buying cars, it used to be fun, exciting and rewarding. However, my last 3 car purchases is met with dread and anxiety. So much so that it made trips to the dentists office as a kid a far better alternative than visiting car dealerships.
Jun 30, 2023
1,808 Posts
Joined Mar 2010
Jun 30, 2023
oppayah
Jun 30, 2023
1,808 Posts
Quote from reicaden :
Disagree 100%. Tesla ride is harsher on the road and less refined... Ioniq5 rides smooth, comfortable. It's more the family car.
I am used to driving a BMW and I love the instant torque of Tesla. Tesla seats are very comfortable and have no problem going on a long-distance trip. The suspension could be improved to give a soft ride but then will lose the sporty feel. When I test-drove Ioniq, I felt the response was slower compared to Tesla. Ioniq 5 is a decent EV, but the performance is not up to par with Tesla. But when comparing the infotainment system and software integration, Tesla wins by a big margin.
Jun 30, 2023
1,808 Posts
Joined Mar 2010
Jun 30, 2023
oppayah
Jun 30, 2023
1,808 Posts
Quote from hamsters :
Had a Uber driver pick me up on one of these. Super nice and not that bad of a price if you are comparing to the Tesla equivalent car type. They did skimp on the interior quality on this car. Felt like they tried to make it feel luxurious but it's not.
I agree. Ioniq 5 has a fake luxurious interior. If Hyundai can put a better quality interior and better audio, it can compete better with Tesla.
2
Jun 30, 2023
1,808 Posts
Joined Mar 2010
Jun 30, 2023
oppayah
Jun 30, 2023
1,808 Posts
Quote from SDcl21 :
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.
If you want a soft ride similar to Buick, then Ioniq 5 is probably a better choice. If you want a better performance like a BMW, then Tesla is the better choice. Also, the infotainment on Tesla is much better than Ioniq 5.
1
Jul 1, 2023
2,435 Posts
Joined Dec 2007
Jul 1, 2023
reicaden
Jul 1, 2023
2,435 Posts
Quote from oppayah :
I am used to driving a BMW and I love the instant torque of Tesla. Tesla seats are very comfortable and have no problem going on a long-distance trip. The suspension could be improved to give a soft ride but then will lose the sporty feel. When I test-drove Ioniq, I felt the response was slower compared to Tesla. Ioniq 5 is a decent EV, but the performance is not up to par with Tesla. But when comparing the infotainment system and software integration, Tesla wins by a big margin.
Different things though, the Tesla is bumpy and you feel every hit on the road, plus I hate the drivers seat, extremely uncomfortable for me. The Ioniq5 was better in these regards. It isn't faster though, and not performance oriented, it's comfort oriented, imo. Smoother ride.
Jul 1, 2023
15,329 Posts
Joined Sep 2009
Jul 1, 2023
Knightshade
Jul 1, 2023
15,329 Posts
Quote from reicaden :
Different things though, the Tesla is bumpy and you feel every hit on the road.

Curious how old a Y you're talking about? Because they changed the suspension to ride smoother late last year.
1
1
Jul 1, 2023
2,435 Posts
Joined Dec 2007
Jul 1, 2023
reicaden
Jul 1, 2023
2,435 Posts
Quote from Knightshade :
Curious how old a Y you're talking about? Because they changed the suspension to ride smoother late last year.
I have the Model 3. Maybe the Y is better? But I believe the 3 and the Y both have the same suspension for the 2023 model year.

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Jul 2, 2023
15,329 Posts
Joined Sep 2009
Jul 2, 2023
Knightshade
Jul 2, 2023
15,329 Posts
Quote from reicaden :
I have the Model 3. Maybe the Y is better? But I believe the 3 and the Y both have the same suspension for the 2023 model year.

They definitely do not have the same suspension (nor should they- different weight, different expected distribution of parts/riders/cargo, different ride height, etc)


Even with in the 3 they don't use the same suspension on RWD vs dual motor vs dual motor performance cars, and have been through multiple revisions of the parts on each over the years...

For example the dual motor non-P from right coil/shock assembly today is PN 1044368-00-G... and the G is the revision, they start with A and increment the letter each time they change the part.

Over on the Y the same location uses a complete different part (again different for RWD vs dual motor vs DM Performance) with the equivalent dual-motor non-P part on the Y being 1188368-00-H
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