ʎllnɔsAug 8, 2023
Do I know anyone here who owns a #Hyundai #Ioniq5? If so, what do you like and/or dislike about it?
Show threadMike Wren

@scully love it! What do you want to know?

Owner of a 2023 shooting star (gray matte finish) Limited trim in the northeast US, AMA. Or check my fedi toot history, it’s heavy with the #HI5 love. 🩶 #IONIQ5

Aug 8, 2023 at 6:35pmIvory for iOS
Show threadʎllnɔsAug 8, 2023
@mikewren thanks. I will look through your TL. The only thing holding us back is that it isn’t eligible for the fed incentives.
Show threadMike WrenAug 8, 2023

@scully that’s not entirely true.

There was a promotion going on 4-5 months ago where Hyundai was offering the full $7,500 incentive to leasees. You could then buy out the lease and convert to a traditional loan within 2-6 weeks (whenever the Hyundai Motor Finance account is set up).

The way the inflation reduction act is worded companies can claim the tax credit for vehicles which don’t qualify for consumers. Hyundai was passing that savings on as a promotion.