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2023 Ioniq 5 SEL AWD

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Old Aug 6, 2023 | 10:37 PM
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Originally Posted by swajames
some odd marketing choices there... No passing on the tax credit with leases for the most expensive trim when they do for other trim levels, limiting many of the incentives to current customers with no obvious conquest incentive and so on.
It is weird. You would think they would want to attract non Hyundai customers, people cross shopping a Model 3 etc. As far as the Limited, from my conversation with the sales guy, Limited is in high demand, at least according to him. His exact words were it's "very popular"
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Old Aug 7, 2023 | 05:52 AM
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Originally Posted by swajames
some odd marketing choices there... No passing on the tax credit with leases for the most expensive trim when they do for other trim levels, limiting many of the incentives to current customers with no obvious conquest incentive and so on.
Originally Posted by AMIRZA786
It is weird. You would think they would want to attract non Hyundai customers, people cross shopping a Model 3 etc. As far as the Limited, from my conversation with the sales guy, Limited is in high demand, at least according to him. His exact words were it's "very popular"
i think their supply isn't huge, so prioritizing current customers so they DON'T go to tesla seems smart to me.
as for why it's not on the limited trim, again, i assume it's supply driven, maybe their mfg forecast was off and they made too many lower trims and not enough limiteds so no need to incent the limited.
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Old Aug 7, 2023 | 06:25 AM
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Originally Posted by AMIRZA786
That link only shows me offers in my area, zero offers on the Limited
Here's what it shows in my area (Chicago):

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Old Aug 7, 2023 | 07:55 AM
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Originally Posted by bitkahuna
i think their supply isn't huge, so prioritizing current customers so they DON'T go to tesla seems smart to me.
as for why it's not on the limited trim, again, i assume it's supply driven, maybe their mfg forecast was off and they made too many lower trims and not enough limiteds so no need to incent the limited.
Makes sense. Keep existing customers (like myself) from moving on, at least for another two or three years
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Old Aug 7, 2023 | 07:57 AM
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Originally Posted by Mike728
Here's what it shows in my area (Chicago):
Maybe they are just moving them faster here and have more constrained supply
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Old Aug 7, 2023 | 08:51 AM
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It never makes sense to pass up an opportunity for a conquest acquisition, once a customer buys something else they're likely out of the market for an extended period, but the point is you can do both simultaneously (retention and conquest) and here they can fund it with tax incentives. You should never limit your at bats when the customer has other choices which appear, at face value, to be potentially more compelling. The other thing is even if you don't have the supply on the top trim, if you drive traffic interest through incentives on those times you have an opportunity to sell what you do have. You lose nothing offering incentives on cars you don't always have but you gain the opportunity to sell what you do.
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Old Aug 7, 2023 | 07:18 PM
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Well, the deal has been made. Lots of emails and back and forth text messages. Except it's for the Abyss Black:



$3000 down, $341 a month OTD (tax, license, dealership fees BS etc.)

I'll tell you I definitely learned a lot...about how dealerships are just a bunch of scumbags. I'll write a bit more about it after I've taken delivery. Or I should say, If I take delivery. just a quick example, they are now advertising $299 a month, $2499 down, but they mention in very small print that "certain fees are not included", or hidden fees not disclosed until signing. When you add them up, it comes out to another couple of thousand dollars, which either you add into your down payment or monthly payments. How convenient of them.

Anyway, tomorrow should have some good news!
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Old Aug 7, 2023 | 07:30 PM
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With sales tax etc included you’re at least reasonably close to the advertised deal. One thing, do you know if they are marking up the money factor on the lease? With all the fun and games you’ve experienced with these guys and all the incentives getting baked in to help obfuscate things there’s a decent chance that they are. You might be able to find the buy rate on leasehackr or similar, and have that ready to drop before you agree to sign. At some point it’s not worth haggling over the last few dollars but these guys have been such a nightmare for you to deal with I’d be going after the last penny if I were you…

either way keep us posted!
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Old Aug 7, 2023 | 07:39 PM
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Originally Posted by swajames
With sales tax etc included you’re at least reasonably close to the advertised deal. One thing, do you know if they are marking up the money factor on the lease? With all the fun and games you’ve experienced with these guys and all the incentives getting baked in to help obfuscate things there’s a decent chance that they are. You might be able to find the buy rate on leasehackr or similar, and have that ready to drop before you agree to sign. At some point it’s not worth haggling over the last few dollars but these guys have been such a nightmare for you to deal with I’d be going after the last penny if I were you…

either way keep us posted!
That I don't know until I see the numbers on paper. I'll definitely check Leasehckr. Although we technically have until November, we really need this car, and it's way cheaper than a new one, and I don't want to buy right now
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Old Aug 8, 2023 | 04:54 PM
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close to the goal line

is this 2 years or 3? and miles per year, although to me that doesn't really matter much. i've seen it costs say 20c/mi. over, so if you did 5K over that's still only $1000.
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Old Aug 8, 2023 | 04:59 PM
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Originally Posted by bitkahuna
close to the goal line

is this 2 years or 3? and miles per year, although to me that doesn't really matter much. i've seen it costs say 20c/mi. over, so if you did 5K over that's still only $1000.
Deal has been done, just waiting on finance to sign, car just came off the truck and they are inspecting and prepping. 2 yr, $3k down, $350 a month. 10k per year allowed mileage.They claimed the black was sold, so this one is Teal with black interior. I'll post pics and details later when we finally get it home
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Old Aug 8, 2023 | 05:39 PM
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i like your flexibility with color! teal will be nice.
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Old Aug 8, 2023 | 06:15 PM
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Originally Posted by bitkahuna
i like your flexibility with color! teal will be nice.
I Really don't care about color except no white, pink, yellow, or vomit green. It's basically a commuter we will have for two years, than I'm replacing it with a Tesla. I'm never dealing with a dealership ever again. Everything is signed, we are still waiting here for them to finish detailing it



Last edited by AMIRZA786; Aug 8, 2023 at 10:10 PM.
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Old Aug 8, 2023 | 06:22 PM
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Beautiful car! Congrats and good luck with her!
Glad you were patient and got the deal done.
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Old Aug 8, 2023 | 06:26 PM
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Originally Posted by PGA71
Beautiful car! Congrats and good luck with her!
Glad you were patient and got the deal done.
Oh thanks man! $9 more a month than I negotiated earlier, but hey, it's a huge upgrade over the 2020 Ioniq EV
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