Factory orders come out of a dealer’s regular allocation.
From my experience trying to find a dealer who’ll sell me an IONIQ 5 at MSRP in CA, I can say it’s pretty difficult. Not quite the same as ordering an FCA or Ford product.
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rt ^
finance w hyundai’s special rate on this. Even if they hold a half point or full point, you’re still sub 3% on the rate. Also get $500 in bonus cash too to finance through HMF.
About to pull the trigger on a Black Elantra N @ MSRP.
What is Hyundai’s special rate on the N?
I can ship an Ioniq 5 from the East Coast to California at MSRP no problem.
It is not. They follow an “allocation” system similar to Toyota. Some dealers offer “orders”, but the follow-thru depends on the quality of the logistics at that individual dealer.
Add $25/month to these numbers to take it from 10k/yr to 15k/yr.
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Great info!
For those who are interested in financing, what are the rates being offered by Hyundai Motor Finance?
Holy yikes 600+ effective on 35k car.
No special finance rates are offered by Hyundai Motor Finance on this vehicle. Whatever rate your credit score qualifies for and the dealer can get you will be your best rate. In most cases, a non-Hyundai bank will be cheaper. When financing a car, I always recommend shopping your own bank and credit union and bringing your best rate to the dealer. Ask the dealer to “match or beat” your rate.
Hyundai Motor Finance’s standard rates are nothing to write home about, a hackr will qualify for better elsewhere.
There are ways around NY’s “doc fee” cap. Always look at the total lease cost as a big picture. There have been a few discussions here on LH on some NY dealers that charge a 2% “sales comission fee.” I made a deal on an RX350 for my parents back in December for 5% off sticker at an NY Dealer, Lexus of Mt Kisco (I live in CT). I paid the NY “doc” fee as well as a 2% commission. I realize I gave back a little less than 1/2 my discount (when they were selling cars over sticker), but I also walked out of the dealer with a check of more than $10K in lease equity on the 2019 RX350 (with a $5K accident on the car fax).
On the flip side, I was shopping for a 2015 Subaru Legacy back in 2014. The Local dealer in Stamford had a lower selling price, but a high conveyance fee. The dealer down the road in Rye, NY had a higher selling price, but NY’s capped doc fee. Apples to apples, the dealer in Rye was $100 cheaper. The guy in Stamford wouldn’t lower his price. So I bought the Legacy in Rye and serviced it there for the 2 1/2 years I owned it.
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