Hyundai cuts IONIQ 5 price with rare 0% finance offer

Entertainment

In a fire sale, Hyundai is offering a rare 0% finance offer on the 2024 IONIQ 5 electric SUV. Hyundai’s new incentive could mean up to $7,800 in savings compared to a same-priced Tesla model.

Hyundai 2024 IONIQ 5 scores 0% finance deal

With nearly 34,000 models sold last year, Hyundai’s IONIQ 5 was the sixth best-selling electric vehicle in the US last year.

Powered by Hyundai’s E-GMP platform, the IONIQ 5 is similar in length to the Tucson. However, thanks to its flat floor design, the electric SUV has a longer wheelbase than the three-row Palisade.

Starting at $47,400, the 2024 Hyundai IONIQ 5 features up to 303 miles range. It can also charge from 10 to 80% in as little as 18 minutes with 800V DC fast charge to get you back on the road quickly.

The electric SUV has available features like vehicle-to-load (V2L) capability. With 120V charging outlets, you can power up your campsite, laptop, TV, or other larger electric equipment and appliances on the go.

2024 Hyundai IONIQ 5 (Source: Hyundai)

Although the IONIQ 5 is already cheaper or includes more features than the Ford Mustang Mach-E, VW ID.4, Nissan Ariya, and Toyota bZ4X, Hyundai is sweetening the deal.

According to a note sent to dealers viewed by online auto research firm CarsDirect, all 2024 Hyundai IONIQ 5 trims are available for a rare 0% finance offer.

2024 Hyundai IONIQ 5 interior (Source: Hyundai)

The Hyundai Getaway sales event includes 0% APR for up to 60 months or a $7,500 EV bonus. That’s lower than the previous 1.49% APR offer and the lowest on the 2024MY so far.

Hyundai’s deal runs through February 29th. No down payment is required, and the entry-level 2024 IONIQ 5 SE standard range (303 mi) is based on an MSRP of $43,175.

2024 Hyundai IONIQ 5 interior (Source: Hyundai)

The 2024 Hyundai IONIQ 5 also features a $7,500 Retail Bonus Cash offer. The deal follows Ford, which announced it was slashing Mustang Mach-E prices by up to $8,100. Ford also introduced 0% APR for 72 months and a $3,000 bonus cash offer.

At 0% APR, the IONIQ 5 drastically undercuts Tesla. With a 6.49% APR, a $45,000 Tesla model could be $7,800 more expensive now than a similarly-priced IONIQ 5.

If you’ve been considering Hyundai’s electric SUV, there’s never been a better time to shop. We can help you get started today. You can use our link to find unbeatable deals on the 2024 Hyundai IONIQ 5 at a dealer near you.

Articles You May Like

TV doctor exchanged Botox for sex with patient
Tesla slashes price of its premium driver assistance option by half in U.S.
Alexander says he’s not in portal, to stay at USC
Police to review decision to charge Caroline Flack with assault
Google unveils custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft