Hyundai Ioniq For discussion of the growing EV lineup of Hyundai Ioniq 5, Ioniq 6, Ioniq 7, and beyond.

Markups and market adjustments

Thread Tools
 
Search this Thread
 
  #1  
Old 09-12-2022, 09:42 PM
Alp Soandso's Avatar
Junior Member
Thread Starter
Join Date: Sep 2022
Posts: 1
Default Markups and market adjustments

Good day!
First off, I am a hopeful ioniq 5 owner.
I put a deposit on an ultimate at a dealer in British Columbia, Canada and have been told it will be at least a year and a half before they process my order.
I have a $500 deposit paid but I am only on a wait list for ordering the car.

Now, my question.... I have been hearing things from other car dealerships and on the internet about dealers asking for a market adjustment often WELL above and over the MSRP of the vehicle. Now that getting a car requires waiting in line for months, dealers feel that charging hundreds or even thousands of dollars over MSRP is perfectly fine.

I am wondering... how many of you new ioniq 5 owners had to pay such a markup, and was your car ordered?
Will I be faced with such a markup once it is time to finalize (or start?) my order???

Is this this practice the same in the U.S. as in Canada?

Thanks for feedback!

Alp
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Monica Le
New Member Area
1
11-12-2015 06:36 AM
dannyrondeau1
Hyundai Accent
0
03-14-2010 10:44 PM
Sonata06GLSV6
Hyundai Sonata
0
05-25-2009 08:56 AM
mgravis
Hyundai Elantra
1
01-13-2007 08:24 PM
McFagin IV
Hyundai Accent
3
01-07-2007 11:52 PM



Quick Reply: Markups and market adjustments



All times are GMT -5. The time now is 03:26 PM.