Can I please get your overview on this deal (calculator).
At first glance MF is higher than normal 0.000430 vs 0.00025/0.0003 .
Thanks.
That’s just the advertised price on the dealer’s web site 
and you’re already at $561 a month. Why does this show $0 for taxes and fees?***
What is the breakdown for the $3,000 (dealer discount vs incentives)?
Separately and from a value perspective, what do you get in a $52,000-MSRP IONIQ 5 that makes it worth that much more than a $37,000 IONIQ 5?
Or did you pick this trim because it has the best program (I’m not familiar with this car or which trim leases best).
*** Note this disclaimer about the finance payment. I’m guessing taxes and fees are additional on the offer you’re holding.
*Estimated monthly payment based on advertised price of $37,670 at 0% APR for 72 months at $13.89/month, per $1,000 financed, $3,767 down for qualified buyers, $33,120 total of all payments. Includes $200 Documentation Fee. Excludes tax, title, registration, and license fees. Excludes leases and balloon contracts. Available at participating dealers and is subject to credit approval by Hyundai Motor Finance. Offer may expire at any time without notification. See dealer for details. Rate applies to vehicle shown. Not everyone will qualify. Available through 02/02/2026.
Thanks for the reply.
I might have misused the calculator for the taxes and fees that should be around $1450 ($235.50 of state taxes, ~$1000 license fee and $200 of doc fees), updated the calculator link with that information.
Regarding your other questions:
- The $3000 is coming from Hyundai Motor Finance (‘HMF’) Dealer Choice Bonus Cash (so no dealer discount)
- The 2026 Ioniq 5 is very different from the previous years and has several changes (NACS + Battery + others) that make it a better choice for the “next 2 years” ; I shouldn’t also have the ICCU problem that the previous models had; In terms of Trims, the lower spec trims don’t have some of the feature my wife wants (Wife Tax)
From my reading of your post, there are some gaps in this offer:
- Lack of Dealer discount
- MF can be improved
Thanks again for your overview and let me know if you have any other suggestions in terms of targets for the above and/or any other.
Regards,
Pedro
This definitely isn’t a car that’s selling for sticker, so yes definitely spend some time studying other deals on this car (it’s frequently discussed) to see what’s achievable on that.
The MF isn’t negotiable per se, although if it’s marked up (does Hyundai allow this? I don’t know) you just need a larger dealer discount to offset that.
I would also assume the acquisition fee isn’t included in the dealer’s sheet either, so with taxes and registration that deal may be $5k DAS (or more) plus they’re selling the car to you at sticker.
So the deal you were presented looks really rough.
I’d set it aside and start fresh with a new dealer after you’ve figured out what the car is actually worth, and are ready to make an offer to another dealer.
I didn’t try to reverse engineer your calculator against the dealer sheet since what the dealer has presented is incomplete and the offer itself would be DOA if I was shopping for this particular car.
(Also spend some time to see which trims of this car are leasing best. Sometimes one trim level is a WAY better value, and it often isn’t the lowest trim).
Thanks for your follow-up. Will follow your suggestion.