FWIW, I’ve been getting the same messaging from dealers; specifically that Hyundai has set the MSRP the same as invoice. See article below; granted it’s referring to last year’s pricing structure but still…
Now, I imagine individual dealers’ bottom lines are more complex than just the invoice cost, so it may still pay off to do your due diligence and email a ton of dealers to find a unicorn discount. But if you check out the deal sheets of brokers on this site they advertise 5% discounts on other hyundai models and no discount on Ioniq 5. Also, the best discount I recall seeing in the Signed section was $1,000. All of which is to say, if the OP is getting $400 to $500 in dealer discount then it’s not a “good deal” per se but it’s also not a bad deal, if you want the car…. Just my two cents.
The only benefit of one-pay is in some states like Florida with trade-in sales tax savings… where I could trade in my car towards a large one-pay lease so the buyout will incur a smaller “buyout-time” sales tax hit.
I also heard Hyundai does not offer one-pay leases so the point is moot
Yes they are offering me $7500 rebate plus $7500 manufactures discount and said I can pay off car after three months as a get around fot credits. I’m trying to see if this is a real deal or are they lying to me
There’s lease cash of $14,500 for 24m/12k in NY/NJ (your region may vary) but bottom line there’s no such thing as $7,500+$7,500. There’s one lump sum for lease cash. Any additional rebate such as FR/educ/military or loyalty/conquest requires one to qualify and show proof.
And you’re also apparently forgetting that OEM rebates are not discounts. Discount comes out of the dealer’s pocket and it’s negotiable. What are you aiming for discount based on deals in Signed Deals & Tips and Marketplace ?
