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Hyundai MY23 IONIQ 6 EV Deposit Contribution: $15,000 on Dynamiq RWD, $20,000 on Epiq, Bonus Charger/ Charging @ Hyundai Finance

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Hyundai have announced $15,000 to $20,000 contribution on their EV model the IONIQ 6 when financed via Hyundai

2023 IONIQ 6 Epiq offer

In addition to the discount / finance contribution - you get a free EVIE Charging Voucher to the value of $1,500 OR a Autel Wall Charger Valued at $1,480 on either model

Just goes to show you how over-priced most EV's were at launch

T&C's:

Available at participating Hyundai dealers for MY23 in-stock new and demonstrator IONIQ 6 Dynamiq models purchased and delivered between 1st January 2025 and 31st March 2025. While stocks last. Finance applications must be received by 31st March 2025 and settled by 14th April 2025. One deposit contribution per contract. Approved applicants only. Terms, conditions, fees, charges and lending criteria applies. Hyundai Capital Australia Pty Ltd (ABN 42 611 226 316), Australian Credit Licence 554051 trading as Hyundai Finance.

And all together now, let's sing the following to the tune of "It's Raining Men" seeing there's been a flood of EV car deals over the past few months.

I feel the power rising, prices crashing down,
I see the EVs coming, rolling through the town,
I hear the deals are sweeter, it’s a revolution,
It’s a price drop party, causing such a sensation!
(Pre-Chorus)
It’s a bargain blast, so don’t be slow,
You better get your EV, the prices are low!
(Chorus)
It’s dropping down, EV prices are here,
You’ll save a lot of cash, get behind the wheel,
It’s dropping down, EVs everywhere,
It’s a price cut party and it’s going to be fair!
(Verse 2)
The gas prices are rising, but we’ve got a new way,
Electric power saving, every single day,
No more worries over filling up your tank,
With every dollar saved, you're thanking all the banks!
(Pre-Chorus)
Come and get your ride, don't hesitate,
The price is right, get it while you wait!
(Chorus)
It’s dropping down, EV prices are here,
Save on the future, let’s shift into gear,
It’s dropping down, EVs everywhere,
Drive into savings, and don’t you despair!
(Bridge)
Sustainable driving, no more gas to pay,
The future’s electric, we’re on our way!
The price is coming, it’s going to be fine,
You’ll save so much money, while you drive that line!
(Chorus)
It’s dropping down, EV prices are here,
You’ll be saving big, year after year,
It’s dropping down, EVs everywhere,
It’s a price drop party, and you’ve got a share!
(Outro)
It’s dropping down, EV prices are here…
Get yours today!

Related Stores

Hyundai Australia
Hyundai Australia
Evie Networks
Evie Networks

closed Comments

        • Yes Ioniq 6 has V2L. The original 2023 models come with the adaptor. The 2024 ones don't and you need to buy separately

    • +10

      5.1 for the equip.

      I googled for you but I’m not a registered NDIS provider.

    • Is there that many Teslas in Sydney eastern suburbs?

  • +6

    The Epiq is weird looking

    Reminds of a late 90’s Ford Taurus

    • +5

      Crossed with an AU Falcon..

    • All Ioniq 6s look about the same. And Ford Taurus is a good comparison.

      Hyundai tried for Porsche Panamera and Citroen Goddess (DS/ID) love child and missed spectacularly.

      From the right angles it looks nice, but overall it’s ugly.

  • Are these 2023 model built in late 2022?

    • +1

      March - August 2023, by the looks of it.

    • Couple I looked at were July & August 2023.

  • +5

    Waiting for Ioniq 5n discounts.

    • Is that suv and what is expected final price after drop?

  • +1
    • +1

      If not you just go to the dealer and get it done.

    • +3

      Yes. They would've done them at the dealership they're sitting at.

    • The ICCU errors seem fixed now… (touch wood, wife has Ioniq 5 that hasn’t had any drivetrain issues. Just issues with interior fit out quality - originally they use recycled Tyvek. Possibly they changed that).

    • +11

      What's the con? The price?

  • +3

    I wonder if they are making up some of that discount through inflated finance rates.
    Would need to see the total cost with interest rates to see if it's a good deal or not.

    • Yeah. There's definitely going to be margin on the interest rate otherwise they wouldn't care how you financed it.

      • +1

        Or they would just offer straight up cash discount on the driveway price.

      • But they also allow you to payout early with a maximum charge of $850, which reduces the longer the finance period runs for.

        Most important is even if you pay out right after purchase, max penalty is $850. $15k-$20k contribution vs $850 hit for payout is reasonable.

  • +1

    thank you competition!

  • -1

    I'l buy it if it drops down to tree fiddy

  • +2

    ahh yes the one ev you never see on the road lol

    • Seen a few in Sydney.

      • -1

        2 or 3 in one city its pretty bad condering that BYD and Telsa outnumber them 100,000 or more to 1

        • Still Australia's number 1 EV manufacturer outside of China.

        • +4

          Being rare is not a bad thing. The car reviewed very well and having owned one for a year I'm pretty happy with it. Hard plastics everywhere is shit though especially for the original price. But I think it's because of the eco recycled materials. At least it has real leather seats and a real leather steering wheel.

          • -3

            @0 0 0: o it is there has been many cases with hyundai evs that some owners got screwed on and thats if the main drive battery fails they blame the customer and charge you 50000 for a battery replacement. few cases in canada happened. Also servicing cost for any hyundai is by far the worst.

            • +2

              @kungfuman:

              if the main drive battery fails

              Then it's covered by the warranty, it's a none issue here in Australia 👍

            • +4

              @kungfuman: We are not Canada

            • +1

              @kungfuman: No main battery issues I'm aware of in Australia based on interactions with the Ioniq 6 Facebook groups. Yes definitely some people with 12v battery issues and recalls associated with that.

            • +2

              @kungfuman: On one hand you say there are hardly any in your post… followed by saying there has been soo many (cases….) on the post.

              So which is it? Seems like some bias at play

              • +1

                @cloudy: This guy thinks tesla and byd offer silver service in their respective home countries, lol.

    • +2

      I see them around. They are a good car, just way overpriced.

  • +2

    EV market is still not matured yet

    • +1

      How long until it's considerd mature though.

      The first mass produced (modern) EV would probably be the Mitsubishi imiev which was released in 2010 closely followed by the Nissan Leaf. Not saying they were matured at that stage but there will always be improvements next year and so on and so on.

      • +1

        The EV market won't be mature until the infrastructure that supports it is also mature.

        • Mature when it hits a stagnation like ICE (minimal improvement per $ poured into research) and far less manufacturers (or brands) post consolidation.

  • +5

    2025 will be big year for competition you'll be surprised by Jan 2026.

    Plus semi solid state batteries are coming

  • Wouldn't you miss out on the significant benefits of a novated lease doing this…which can easily be about $10k…

    • +2

      Finance through Hyundai, pay out loan in cash. Novated lease the car from yourself.

      • This is the way. You miss out on claiming the GST but will still be way ahead

      • I absolutely guarantee there would be break costs on the finance so once you add the GST I think a good half of the benefit would be gone.

        • I believe someone above said it was $850. I have not verified this, as I don't care enough.

          • @brendanm: that's not too bad, i agree though, i don't care enough to check except I don't believe it

  • Wow prices are falling everywhere

  • +1

    HODL - should be free fairly soon!

  • -5

    Way too much to pay for a Hyundai still

    • +8

      They win all kind of awards around the world. Still people expect a free lunch.

      • +2

        People think it's 1995 and Toyota are still innovating…

        … in reality, it's 2025 and Toyoda is flying to Korea to sign deals with Hyundai, watching one of his 86's get flogged by an Elantra.

        Times have changed.

      • -4

        Ask you local mechanic, many wouldnt buy hyuandai or kia as they have many issues. Theyvd also recently had to recall heaps of their recent evs. I listen to professionals, not hype
        https://theevreport.com/kia-and-hyundai-recall-over-200000-v….

        • +2

          https://theevreport.com/?s=Tesla+recalls&ct_post_type=post%3…

          Tesla seems to have their fair share of recalls too….

          And this evrrport site only has a fraction of the recalls I seem to see from more reputable news sites too.

        • +1

          Clearly you are not a car guy. Stick to your camrys and Tesla's, your snobbery is keeping you in ignorance.

          • @smartProverble: Lol literally no one who is "car guy" would choose kia or hyundai as their choices lol

            Also how is it snobbery when those cars are significsntly.cheaper?

        • +1

          But you know mechanics. They only see cars when there is a problem. Their statistics is the number of cars they see from each brand. They’d never see a Ferrari or Lamborghini which means they are 100% trouble free?

          It is like police and doctors if you ask them it is crime all day and health problems all the time.

          Not saying mechanics are bad it isn’t like they became mechanics because their data analytics skills are top notch.

          • @netjock: Thsts not even the same comparison. They see a car at fairly regular intervals ie 15 to 30k intervals so i would theyll see the trend.

        • Ask you local mechanic
          Theyvd also recently had to recall heaps of their recent evs

          The link you posted is Hyundai Kia US, not a local mechanic. Fun fact: US gets their Hyundais from the US, we get ours from Korea. So rather than rely on US stories that don't apply to us, maybe find some local data.

          Also worth noting, a recall isn't a bad thing. Better that the company recall to fix known issues then to pretend there isn't one and let owner suffer.
          https://auto.howstuffworks.com/car-driving-safety/the-10-mos…

          • @1st-Amendment: Maybe you should learn comprehension? I didnt say they were locao mechanics, just showing that there were recent recalls for such new models.

            Ehen i say loval mechanics i literally meant go ask the mechanic where you get your car service what they reckon.

            • @TheFIREnanceGuy:

              Maybe you should learn comprehension? I didnt say they were locao mechanics… Ehen i say loval mechanics

              Say again, this time in English…

              So when you said:
              ' I listen to professionals, not hype' then posted a link to a US site which is irrelevant to Australia since we get different cars to the US, you were really talking about local mechanics? And you think I have the comprehension problem? Too funny…

    • I kind of agree but inflation.
      And even if you could spend a little more and buy a Euro luxury badge, they sting you with outrageous service costs that you end up paying much much more over the life of the car.

      • And I was that sad person.

        Although luckily only ever change thermostat (that activates the pump in the radiator due to crack)

        Which they wanted to sting me $300 but happen to be on a trip to the UK and got it for $100 new

  • +12

    So what the hell is the price at the end? I don't have a maths degree

    • +9

      Quoting from the article linked in OP

      For example, if you decide to purchase a Dynamiq, the new retail price (when financed through Hyundai) is $51,500, before on-road costs.

      The biggest saving of $20,000 is reserved for the top-spec, dual-motor, all-wheel drive Epiq. Typically priced at $87,288, before on-road costs, it gets a new price of $67,288.

      • +1

        How are they getting this price when the Dynamiq is $75k so that minus $15k is $60k not $51k?

  • sorry: HYUNDAI BONUS OFFERS
    $15,000[F1]
    Deposit contribution on in-stock new and demonstrator IONIQ 6 Techniq with Hyundai Finance. Ends 31 March 2025 —> what does it mean?

  • +5

    10%-80% in 18 mins

    Faster than charging a phone lol

    • +1

      800V architecture will do it, if you can find a fast enough charger.

  • +1

    What is the Contribution? How is it different from donation and discount?

    • +4

      Have to be with Hyundai Finance.

      Say for 2023 IONIQ 6 DYNAMIQ Sedan, the estimated drive away is $75,615.60 - $15,000 = $60,615.60 + $1500 charging voucher or a Autel Wall Charger

      Price may vary from dealer to dealer. Someone can confirm.

  • +14

    The dealership will get your details and ask for the loan offer from Hyundai Capital, who will do a credit check. Then there is (supposedly) a $20k contribution to this finance. You can also put in your own deposit to reduce the amount financed. You can also immediately pay out the financing for $850 (the early repayment fee). But you will need to confirm all this with the dealer. Your Ts and Cs may differ from the ones I was offered.

    As for the "20k" contribution, I have heard at least 4 different stories from different dealerships. They all apparently have the same bulletin, but in trying to convince me to buy have all given different reasons for their prices being jacked by different amounts on demo models. They all say the benefit from Hyundai is subject to the dealer taking a hit. But one has said it's $8k, another $6k and another $5k. Another has told me they wear it all. Clearly there is some misleading information here. Of course, the dealership doesn't actually take the hit - that is passed onto the consumer. In short, you can get a demo model without the financing for less ($5k - $8k less) than with the finance offer, so the $20k is misleading. Of course, this is likely in breach of the ACL.

    Other points:
    - Voucher/wallbox is for "new" Ioniq 6s, not demonstrators
    - Some dealerships offer only one option between the voucher and wall box
    - Some dealerships do not have the offer on their website - check that they will offer it

    My view on the car - not really practical enough. Spacious inside, especially in the back seats, but the boot is not big enough for our family so it would not likely be used on weekends away. Still, with the discount, it could make it better value than other EVs for around town plus day trips or for smaller families.

    • 400L boot is enough for us. Sure it can be bigger but we are small family (2 young kids).

  • +2

    What will be the final drive away price?

    • +3

      You will need to speak with the dealer, unfortunately. I spoke with Hyundai and Hyundai capital, and both said they had no idea and just put me through to one of my local dealerships. Then, as above, I have been told different stories from each dealership. I never posted this as a deal (I have a lot of information from when I was trying to buy one 2 weeks ago) because, in short, I could not actually get a demonstrator with this deal. You can effectively work out the maximum price by taking $15k/$20k off the drive-away MSRP. But that amount will be financed at your own personal finance rate (expect around 9%). So it's about $72k in QLD for a new MY2023 Ioniq 6 Epiq.

      I am not sure if there is minimum financing. It is a "deposit contribution" and I was offered the opportunity to pay an additional deposit of my choosing. It may be possible to make a $60k deposit contribution with your own cash, and finance only a small amount. I was just planning to pay it out the next day and pay the $850 early repayment charge that applied to my finance offer.

      My experience is from almost 2 weeks ago. Dealerships may be more clued up by now.

      • +1

        That kinda works out to be 22% off list price. Thats the ball park of a good deal for sure.

      • You will need to speak with the dealer,

        This is the part I absolutely love about buying a new car. /s

  • +11

    I paid $74k back in Nov 2023 for the RWD Dynamiq. If it's now $51500 plus onroads then it's an excellent price. But given the Chinese competition it's worth evaluating your other options especially if you need more boot space. Nonetheless I'm happy with mine and the rarity. Tesla is the new Toyota so it's nice to drive something unique. Also nice to have some physical controls though some are capacitive touch sensitive controls which are annoying. The integrated media and console screen is also much nicer than the cheapo tablet screens that the Chinese brands have for the speedometer.
    In the past month I averaged 12.5kwh per 100km.
    FYI it's suitable as a family car as we've fit 3 child seats in the back with slimline seats. Tight fit but possible.

    • Impressed with your 3 child slimline seats. We have 2 in rear outboard.

    • They’re asking $79K at a Perth dealership for the Dynamiq…

      • 77K driveaway online in NSW.

    • +1

      I don't get where that $51k comes from - car is $75k+ so that minus $15k is not $51k.

  • +7

    These are hideous.

    • +6

      I used to think that too. Honestly the car looks better in person. I think the angles from all the media and marketing shots make it seem a bit too weird. And images are static so you only get to see the one view which you may not like. It's a bit weird and not to everyone's taste, but that's fine. I used to think the BYD Seal looked awesome but seeing quite a few on the road now makes me think they look a little bland.

      • +3

        Nah. Seen plenty on the road and they look so dated already.

        • +1

          Agreed. In the metal it also looks terrible.

        • Seen plenty on the road and they look so dated already.

          They are growing on me. When I first saw them I got the ugh reaction ie Ford Taurus/AU Falcon vibe, but I think I'm coming around. One thing I now like is the unique factor compared to a lot of bland cars out there. Similar to the GWM Ora, ugly when you first see it, but over time I appreciate the unique factor more and more.

    • Same guy who designed the Camaro 2010 and several Bentley including the Continental GT and Flying Spur. Sangyup Lee

  • Was d designer high when he designed the car

    • the back of it looks like SHIQ - the 5 looks better

  • Price in title please

  • How much is the price if paying cash?

    • +3

      Think you have to go through finance to get the deal above. Probably just hoping to claw most of it back in interest charges lol.

    • No cash discount. Negotiate with dealer for small discount prob few K only.

  • any huawei/oppo long range cars (500kms per charge) on offer near now team?

  • +2

    Be aware.
    In Korea, there's a news that new IONIQ 6 is coming out soon.

    It's your choice.
    2 years old new car and old version when you buy

    Bye bye

  • https://www.carsales.com.au/editorial/details/hyundai-distan…

    Looks like their plan worked out…

    Have seen 10-20 teslas (new and old) daily. A fair few atto3 and sealions. A seal once. An ioniq 5 at Costco when they first got released. None since and never seen a ioniq 6 outside a dealership. Not worth the asking price when i was looking. With the discount it puts it back in the realm of considerable but not a knockout. Hyundai does the usual tiered bs where if you want cooled seats you have to pay for the 100k trim yet the Chinese competition includes it in base models.

    • Plenty of Seals and a few 5/6's where I am.

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