Deal check - 2024 Hyundai Ioniq 5 RWD Limited

Sale price: $55,000
Total rebates: $14,500
Residual amount: $30,000
Money factor/rate: 0.00225
Annual mileage: 12,000
36 months

$550/month with $0 down

Thank you!

That doesn’t list a dealer discount, just what Hyundai is offering in rebates on the Ioniq 5 Limited. Looking at the Limited RWD, MSRP should be around $53.5-55k. Money factor looks marked up for Tier 1 credit.

It’s not a deal I would take on an Ioniq 5 Limited.

Thanks- that was my gut feeling. Have any thought on what is a ‘good enough’ deal?

Limited is always going to be pricy, but I was thinking 5% off MSRP minimum right now. You’re looking at a '24 and '25s are not yet shipped, but those will feature NACS charging ports. Personally, I will send out offers on the Ioniq 5 SEL at 8.5% off MSRP next month. That would give me some leeway if the dealer wants to negotiate and still get me to a comfortable payment.

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