CA Bay Area Lease offer Check on Ioniq 5 Ltd RWD

Ask the Hackrs
1

Their first offer: 2024 Ioniq 5 Ltd RWD… The agent said this was their “Best offer”… but I had not asked much about pricing yet…

MSRP: $55,570
Selling Price: $55,570 - ZERO discount
24 Month
$4000 Down
$14,500 Cash rebate
Doc Fee $85
Tax and License: $2186
First Payment: $248
Monthly Payment: $248
Total DAS: $7235

I had not offered anything so this is just a start.
Having read of another hacker in CA in October who got a similar deal…
I’m thinking of countering with:
7% discount
< $2000 DAS (Taxes, license, registration, doc fee)
$14,5000 cash rebate

There are quite a few dealers within 15 miles of me so I am thinking I will tell them I’ll approach the other dealerships… As I did in 2013 when I leased our first Nissan leaf - got the best deal that way. In those days we would call the dealer’s “fleet manager” and get the best deals. Is that still available?

Thanks for your time! I’ve been trying to become a paying member but can’t get signed in… I will send an email to Admin to remedy.

2

I’d shy away from putting any money down. There are brokers in so cal with 24 month one pays which would save you money. Check out the marketplace for said brokers.

3

Your target should be $0 DAS and a little higher monthly.

If in California, I always suggest just getting it from the Brokers. One pay deal should make this much better.

4

Post a link to an LH calculator of what you’re planning to offer.

5

They countered my offer over the phone and I drove over…
We actually asked for a different car once at the dealer - White instead of blue
Signed the following deal:
Atlas white
MSRP $55,695
Discount $3402
Got $15,000 cash rebate
24 Month
$2000 Down
$377/mo
Throwing in all season mats and wheel locks + V2L for $167

1 Like
6

Could not find any broker deals in NorCal for a Ltd

7

Enjoy the new ride!

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8

Here’s a link to the LH numbers that match my deal here in Livermore, CA.:

9

I don’t think there is a Hyundai in Livermore. Tracy and Dublin are the closest ones.

10

Is there any chance you can gray out the Personal information and post a version of the final lease contract paper work. The one page that tells all.
So is the total cost at the end of 24 months including all costs and taxes , fees etc
$2000+$167+$377 times 24 OR
$2000+$167+$377 times 23

Was your drive off on the day you signed $2167