We tried to buy a Hyndai IONIQ 5 this weekend, visiting 2 dealers, based on their advertised price. Both had added thousands of dollars of add-ons, not included in the advertised price. One advertised discounts that were not available to us as part of their “dealer discount.” (first responder, military, etc) They also quoted unbelievably high interest rates.
So… we went and did something…
Just out of curiosity, I checked to see if Tesla was open on Sunday. It was, so we took a Model Y on a 45 minute test drive. We were given an estimate of the finance rate, but the actual rate given, once we applied, was much lower. I didn’t expect it to be the case, but State Farm had a slightly lower price on insurance, so we went with them.
Since the Teslas still qualify for the income tax credit, the Model Y ended up being about $750 LESS than the Ioniq, but the Tesla also has the $7,500 tax credit (until the end of this year) and the $2,500 Texas Rebate, if we can submit paperwork in time to get it. That makes the Tesla up to $10,750 less than the Hyundai.
Model Y Long Range. Stay tuned for updates.
