Signed Ioniq 5 limited RWD - one pay $9527

Signed Deals & Tips
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Got this deal in Bay Area.

Approach: I just said can we do a one pay lease of $9,500. They came back with the following numbers. I also got a wear and tear policy.

Negotiated the whole deal including wear and tear to $10,300 one pay. It felt a pretty solid deal. Paying it forward here. Thanks LH community. This is direct from dealership and no broker involved.

Details from deal sheet:

Selling Price: $52,565.00

M.S.R.P.: $55,365.00

Rebate: $14,500.00

Cash Cap Reduction:

  • Tti Cap Reduction: $14,500.00
  • ADJ Cap Cost: $38,065.00

Total Annual Fees: $663.00

Residual %/Amt : 62.00%/ $34,326.30

Money Factor: 0.00139

Term:24 / 12k miles per year

DMV license fees : $663.00

Tt UpFrt Fees (W): $775.00

** DRIVEOFF **: $3077.82
Base Monthly Rental: $256.40
Total Sales Tax: $1936.34

PAYMENT<<: $280.44

One Pay Amt: $9527.94

Hole this helps someone.

Additional info that I forgot to mention

  • I had Costco menbership but they never asked for the actual details of it.
  • they used the copy of my registration of my other car (Subaru) to give me some discount as well.
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Not a bad deal! I think that rate for one pay is marked up, should be .00099 as buy rate is .00189 with a .0009 reduction for 1 pay!

I can do this deal in SoCal and NorCal (with $450 shipping) with a dealer discount of $3500, a $599 broker fee, and buy rate MF, no add ons, etc. :slight_smile:

Also, the rebates on this car are $13,500 base. Assuming you got an extra $500 for aged inventory, where did the other $500 come from?

For reference, if you did a deal with $14,500 in rebates, this is what it would’ve looked like.

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My benchmark was anywhere between 9k-9.5k as that was the lowest I have seen for limited.

I am a happy camper at this point. I think this is going o go down over the next couple of months with 2025 models coming up.

4

Rebates are a big part of it. If you’re doing $14,500 in rebates and that hefty of a discount, it’s very possible to be lower. I have seen $7000 one pays for Lower tax rates + aged inventory + military.

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$9,527/24 = $396.95

What am i missing here?

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I think he meant with $3K drives

7

Great deal. If you don’t mind, could you please share the dealer details? I’d like to replicate this deal. In the market to sign and close this week.

8

It’s not too late to cancel this and get a refund.

9

There’s some LTD RWD listed on marketplace under 8K one-pay now incl tax. Seems to be a new lease conquest offer as they start trying to push the 2024s out in anticipation of the updated 25s.

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Hit me with the details on how to get it. I am in NorCal.

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Text me, 949-232-4468.

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I have a little kid and always wanted a white interior. Don’t want any surprise charges down the line. I am ok with around $800 of this policy.

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Capitol Hyundai. Just went to the dealership.

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Pleas share the link for others to peruse. Thanks.

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Capitol Hyundai San jose

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Normal wear and tear is included in your lease contract, no matter what color the interior is.

If you look at the HMF lease-end guide, you’ll see that $800 you’ve basically prepaid for 8 burn holes or significant tears. So that’s your break-even point.

Anyway, it’s your money.

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Not a bad deal, I got Ioniq 5 SEL at Baytown Texas with $500 down and 24 months lease with 12K per year with wear and tear insurance included $320 per month.

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18

Thanks for posting this
I was able to replicate

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Was this RWD or AWD? I’m in Central TX and had no luck trying to get anywhere near this (best offer I could get was $500/mo for SEL AWD at 12k/48 before they got the finance guy to yell at me for being absurd :frowning: ). Any chance you’d be willing to share dealer info or any advice on how to get a similar offer?

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I think you just have to go to another dealership. That one clearly isn’t willing to play ball. Look at the signed! section and filter by Texas and Hyundai for insight into potential options for deals to set expectations. Unfortunately, there are no records in my state of KY, but after doing hours of research, I’ve concluded that a deal between 400 and 500/mo for a limited AWD (24/12), or 350 and 450/mo for an RWD would be very reasonable. Going to shop that around next week and see what happens.