Featured Hyundai Starts Customer Deliveries Of Ioniq 5 In The US

Ouch -



Over $54K to get the top of the line. That guy down in Irvine California that got the first one? You would have to pay over $8,000 in sales tax, wiping out the tax credit incentive money. Who would have ever thought that a Hyundai would be this much dough, or put another way - that the U.S. dollar would become so worthless - from the Fed's over printing. I guess this means Hyundai won't be offering a version with roll up crank windows.
These Hyundai ads certainly do put a lot of emphasis on pricing when bundled with Federal incentive tax credits. But many people don't qualify for credits for one reason or another. Without the incentive money? This becomes a $60,000 Hyundai. That could buy a lot of recharging, or gasoline, just by keeping the ol' clunker(s).
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Tesla can not make enough model Ys. This ticks a lot of the boxes that car does. You need to pay sales tax on teslas and vws and even toyota's too. If you want one this year, the hyundai may be the best route. It is not cheap. It depends on dealer mark ups. If they are as much as the rav4 prime, well then people may wait, but I think mark ups will decrease as production increases.

Inexpensive will not come until supply chains are fixed and battery capacity is up. I am thinking that is around 2025 for BEVs. Toyota because of the chip shortage sold fewer cars but was able to have its highest profit. I don't think this will be a high profit car for hyundai until they get production going well. Until then it helps pay for the R&D.

 

The ID.4 starts at $39,995 and goes to $44,495(MSRPs set before the pandemic). It does not have a larger battery or AWD option. From the UK pricing, the bZ4x is going to have similar prices. The Model Y starts at nearly $60,000.

Corporations are taking advantage of the supply chain issues to increase profits. Combined with the current supply of batteries and BEV demand, manufacturers aren't going to chase profits in the lower priced segments. Hyundai still has the 2022 Kona Electric on their website for $34,000 though.

And want car can you get today with hand crank windows? The removable doors of Jeeps are now powered.

 

Jeep Wrangler and Gladiator Sport models still have hand cranks.

 

The nearby Hyundai dealer has 4 Ioniq 5s being delivered in the beginning of January.
I can have the honor of owning one for $5,000 over MSRP. Two are already sold.
I think I'll pass.

 

I had a similar experience when Ionic was first offered in the US in 2017. The local dealers didn't have any and weren't expecting any for at least 6 months into feb 2018.

Another thing I like to use as a gauge is how many 10 year old models from a manufacturer are still seen on the road. It's not real scientific [like], just a looksee kinda thing.

 

Great - now the most expensive version may top $65,000. Might as well keep plugging along in our plugin.
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