Quote will have more than $5k added due to inventory shortage.

  • Thread starter Thread starter toomie
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One customer waiting for the Mercedes EQS EV he had reserved bailed when his dealer notified him he would have to pay a $50,000 dealer mark-up. Mercedes told him there was nothing they could do. He's now driving a Lucid Air. I'm surprised he didn't try shaming the shameless dealership by revealing its name.
 
insightman said:
One customer waiting for the Mercedes EQS EV he had reserved bailed when his dealer notified him he would have to pay a $50,000 dealer mark-up. Mercedes told him there was nothing they could do. He's now driving a Lucid Air. I'm surprised he didn't try shaming the shameless dealership by revealing its name.
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Yikes $50k is beyond nefarious and doesn't pan out especially since it doesn't fully compare with S class. Yes didn't read that posting yet but further confirmation may prove the particular meth/crack head mentality is not a norm and hopefully not fly especially with corporate follow-up response. Wife currently awaits locked in agreement @ MSRP + options for Bimmer M50 for ~$80k, but skeptically eyeballing how it will stand up to deeper testing feedback and considering adding a deposit on it's German relative MB EQE. What a slippery slope these EV markups are becoming so early on.
 
toomie said:
I asked for a quote of the Ioniq 5 Limited, my location is Bay Area.. Northern CA. Received a callback from the sales person, said they are adding over 5k to the final price due to inventory shortage.

I noped out of the rest of the call.



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I had a similar experience.
Capital Hyundai part of the DGDG dealership group is adding $5000 on the MSRP.
I called around and Gilroy Hyundai is charging an additional $7500 for SE and SEL and 10K [emoji50] for top trim level.
Sacramento Hyundai is charging 10 to $12,000 over MSRP
Crazy


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Bob Fabbri said:
I had a similar experience.
Capital Hyundai part of the DGDG dealership group is adding $5000 on the MSRP.
I called around and Gilroy Hyundai is charging an additional $7500 for SE and SEL and 10K
emoji50.png
for top trim level.
Sacramento Hyundai is charging 10 to $12,000 over MSRP
Crazy


Sent from my iPhone using Inside EVs
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Yes the Canadians must be chuckling.
 
toomie said:
Quote from San Leandro dealer said they were expecting car delivery by mid January.

Richmond dealer said by March

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I bought my Kona from the San Leandro dealer. They will try to tack extra stuff onto your contract like a theft-tracing system and claim that they can't take it off. That's a lie and absolutely illegal. Exercise caution.
 
toomie said:
I asked for a quote of the Ioniq 5 Limited, my location is Bay Area.. Northern CA. Received a callback from the sales person, said they are adding over 5k to the final price due to inventory shortage.

I noped out of the rest of the call.

Use Hyundai's web page to look at Vehicles and scroll down for the SantaFe Plug In Hybrid as a place holder. Change the zip code in the top of the page to some major areas near you or family and click Shop then click Local Inventory. Typically the same dealers that will carry the IONIQ 5 have the PHEV's due to training. Now this is where your patience is needed until you find the right dealer. Call them and right off the bat and ask if they have Dealer Adjustments over MSRP without naming the vehicle. Those dealers who are selling based on principle of zero over MSRP will tell you straight up right away. Most often they'll say that they can't discuss prices over the phone or that you'll have to talk to the sales manager in the dealership. Politely end the conversation because the answer is that they charge way over MSRP. Most only charging $1K to $2K will tell you upfront because they think they'll earn you business with a smaller shaft. You'll find a dealer eventually at MSRP. If I can find one in Connecticut (Balise Hyundai Of Fairfield) and one in New York (Hyundai 112) then they can be found in any state. When they open sales in NC I already have one lined up here called (Flow Hyundai of Statesville). Keep the search until you achieve MSRP for everyone's sake. The dealers moving them at MSRP will get more allocation and those left holding the high way robbery priced ones will get what they asked for. We look forward to seeing the color you chose.
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Lithia Hyundai in Reno, NV has a $20,000.00 markup on all Ioniq 5 models. I reported them to Nevada Attorney Generals office yesterday to investigate for collusion and price fixing, since they are a large regional dealer chain.
Dont get me wrong, I have a deposit on a 2k marked up I5 SEL AWD. So, not against a little supply and demand adjustment. But, $20k on top of a $46K price is egregious behavior. Greedy at best.
 
DLinLV said:
Lithia Hyundai in Reno, NV has a $20,000.00 markup on all Ioniq 5 models. I reported them to Nevada Attorney Generals office yesterday to investigate for collusion and price fixing, since they are a large regional dealer chain.
Dont get me wrong, I have a deposit on a 2k marked up I5 SEL AWD. So, not against a little supply and demand adjustment. But, $20k on top of a $46K price is egregious behavior. Greedy at best.
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How many Ioniq 5s does Lithia Hyundai have in stock and how long have they been there?
 
insightman said:
How many Ioniq 5s does Lithia Hyundai have in stock and how long have they been there?
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So they have 17 coming and clearly state the mark up. Here are the Stock Numbers and if you want a good laugh...check back in three months to see what has changed.

https://www.lithiahyundaireno.com/new-vehicles/ioniq5/

KM8KM4AE7NU055622, KM8KM4AE6NU063582, KM8KM4AE3NU054581, KM8KN4AE3NU056750, KM8KN4AE9NU060804, KM8KN4AEXNU062643, KM8KN4AE9NU056722, KM8KN4AE9NU064903, KM8KN4AE7NU056816, KM8KMDAF3NU053780, KM8KMDAF0NU054174, KM8KNDAF0NU056374, KM8KNDAF8NU056347, KM8KRDAF0NU066732, KM8KRDAFXNU066110, KM8KRDAF9NU066065, KM8KRDAF9NU067524

High Desert Protection Package for $998 is a steal. Don't ask me what it is other than vapor.
Screen Shot 2022-01-22 at 11.41.15 AM.webp
 
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