I need insights on Ioniq 5 orders and markups

[LizB]

Hey all,

I have a quick question. For those in Canada or here in the U.S. who’ve recently gotten an Ioniq 5, did you face any markups, and was your car a special order?

A friend of mine put down a $1,000 deposit on an Ioniq 5 Ultimate at a dealership in Ontario, Canada. They told him it’ll likely be at least 8 months before his order is processed, so he’s on a waitlist. He’s also heard some dealerships are adding big markups over MSRP.

Kindly share your insights.

 

[Conner]

I don't live in Canada, but I know that Canada's wait times, especially for the Ultimate trim, can be that long. In the U.S., some dealers still add markups on the Ioniq 5, but it varies by location.

 

[Steve]

I recently got my Ioniq 5 in the U.S. with no markup, but it was a special order. Eight months sounds typical demand is high. Tell your friend to watch for surprise fees at delivery