2019 Hyundai Ioniq EV - Effective $59 a month

Signed Deals & Tips
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Before the NY deals started popping up I noticed the high incentive added in OR and thought it would be potentially hacker worthy, I’m pretty happy with how this ended up…

2019 Hyundai Ioniq EV Base
MSRP: $ 31235
Sale Price: $28,916
Monthly Payment: $59
Drive-Off Amount: Paid 3k down considering I was getting it back via post sale rebate checks
Months: 36
Annual Mileage: 10K
MF: .00051
Residual: 44%
Incentives:

  • 12K from Hyundai,
  • $2500 post sale rebate from state of OR,
  • $500 post sale rebate from BonusDrive,
  • $50 Visa Gift Card for test driving the car (I got the visa card instantly via e-mail)
    Region: PNW
    Leasehackr Score: 50 years
    Leasehackr Calculator Link
19 Likes
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Any rebate from your utility company?

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This is awesome. Well done!

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Yeah, I’d drive an ioniq at that price.

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Don’t open a separate thread. There is already an IOniq EV party going on. Please merge this thread

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No, this thread is appropriate. It’s a signed deal and he chose to share it with pertinent information. This deal is also OR.

That other thread seems like more of a discussion and I haven’t seen people posting their deals. Just a lot of speculation and what ifs. If you have your own ioniq deal feel free to open your own thread under this section.

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I think aggregating all the discussions/ deals in one thread is most appropriate IMHO. Regardless, even in one thread, people will still not read ALL posts…

But thanks to OP for posting a real deal …

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This is an awesome deal! Renting a bike to get to P&R would probably cost you more.

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Did you knew someone at the dealer? I find it amazing they gave you a msrp discount on this deal.

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@Mark.ca on CarGurus it looks like multiple dealers have a ~$3,000 dealer discount.

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That residual is uhm ‘optimistic’ by Hyundai but whatever, great deal OP! commuter cars don’t get much cheaper than this.

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There are no rebates from the utility companies in my region

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I didn’t know anyone at the dealer - I messaged into their internet sales dept because they were advertising a healthy discount on their website (they hadn’t adjusted their sale price for the new incentive that just hit, in fact I told them about the new incentives). The internet sale manager honored the original sales price from last month (plus about $400)

I went into the dealership and they tried to hit me with a $399 etch scam fee, and 2020 reg costs which are $500 higher vs 2019 (it was a front office choice to file 2020 while still in 2019). I refused to pay for both which they agreed to and drew up the lease sheet.

I went in to sign and the manager said the GM overruled them and refused to sell the car at a discount given the high incentive. So I walked out on them and called the next Hyundai dealer in the area, said if they could match the lease sheet I would sign same day.

Called back 15 mins later said they would do it. The rest was just coming in to finalize the paperwork.

3 Likes
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Awesome deal OP… Congrats.

Wish something like this was available in the Boston/MA region (even though I don’t need a commuter right now)

1 Like
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Nice deal! Does the Ionic have true 1 pedal driving and level 3 charging?

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Where’s the ioniq EV party? I can’t find it

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The Ioniq party thread has more and more sample deals and hackers helping other hackers. That thread is your all in one reference for deals, calculations, FAQs and extreme bloviating/opinions from people like myself…

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That thread is getting too long, it is good to have signed deals separate for easier reference.

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I thought any tax rebates (State or Fed) go to the Dealer when you lease. Maybe Oregon is different?