2024 Ioniq 5 Limited | $450 per month $3k DAS

Hi Hackrs,

Still in the market for an EV and now thinking about a 2024 Ioniq 5 Limited AWD to get a deal before the 2025 model comes out. I was texting with a deal and they said their best price is $450 per month with around $3k due at signing that covers taxes, registration, etc… Does this seem like a fair deal to head in a try to negotiate down from? Any tips for when I head into the dealer?

This is 24 months 12K

Thanks!

Do not go to the dealer until you have a deal agreed to, in writing.

Do not try to negotiate a deal at all until you know exactly what deal you’re negotiating to get. You have to work out where you’re trying to get to before ever talking to a dealer.

I updated the title to indicate the year and model of the car.

I would strongly suggest taking a looking at broker deals in the Marketplace to get an idea of what type of pre-incentive discount is possible.

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That and check Signed section. I think there were some good recent deals in OR if that’s an option for you. OR may have some rebates for residents only though if I recall correctly.

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Thank you for the update and recommendation!

I just got a deal for a lyriq sport 2 for 450 month with 0 down. Arguably a nicer car. No 8 bit graphics though. I do love the ioniq5 but wanted something more plush. You can get a better deal for that ioniq5. Ask for demo versions of the car. Ask to make a deal for $389 or lower with a demo car. If they don’t have a demo car they can always make one by adding miles to it.

What does this mean?

It’s a car they loan out or has too many miles to be sold as new. So might have 400 miles or something. Also known as a service vehicle. Like the display model if you will. They won’t always have one but worth checking.

Yes, I do understand what a demo or loaner car is. I don’t understand what you mean “by adding miles to it” since that sounds as though the dealership can retroactively make a specific car a demo (and I don’t think that’s quite how it works).

My advice is the same as your last thread. But prices are even better.

Get the Mercedes you initially asked about but have it shipped from California

Click Marketplace

There are pre-negotiated deals advertising similar IoniQ 5s in CA for about $200 a month. That should be your target price.

That’s the problem. Cali is known for having good deals all year around. However dealers in Washington is much harder to negotiate for a price close to CA. Due to demographic reason, consumers in Washington pays higher on most of things.

Are they Limiteds?

An SE or SEL being $200 is a very different thing

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I am still pursuing this deal and have an updated sheet. The price is still high, and it seems it comes down to taxes in Seattle. A can’t get the calculator to match. Also the money factor is higher than rate finder indicates.

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