Deal Check: 2025 Ioniq 5 SEL AWD

Ask the Hackrs
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1

Hi all, I’d appreciate if you could help evaluate the deal I’m negotiating at the moment. Thank you for your help!

I received a quote for 2025 Ioniq 5 SEL AWD (Kirkland, WA)
$0 DAS, $551 per month for 12K/36.
MSRP: $54,965
Selling Price: $52,965
Adjusted Cap cost: $41,774.92
MF: 0.00187
Incentives: $14650 + $2000 (Dealer incentive)
$551 per month after tax (10.4%)

I also have have a current lease from Hyundai which ends in two months, I will ground it at the new lease. (Dealership is saying that I need to pay off the payment for the rest of two month).

Any suggestions where I can squeeze a bit more? Should I wait for a few more weeks or months close to lease-end?

Thank you.

2

Not a very good deal. But WA dealers wouldn’t budge much.

You would get a better deal by working with brokers and shipping from SOCAL even with shipping charges and dealer fees.

3

Aren’t there brokers here doing it for less than half that monthly?

4

Thank you. I will look for this option.