Hyundai Ioniq 6 Help/Questions/Future Forecasting...?

Smeeg699Smeeg699 Member Posts: 6
edited June 2023 in Hyundai
Hey all,

So, I'm new here, and if this sort of post isn't allowed, feel free to let me know and/or delete it, but I'm looking for a bit of advice. Lemme breakdown the situation for ya.

Currently I own a 2014 Hyundai Sonata Limited 2.0T, and while I love my Sonata, I'm tired of paying for gas, killing the planet with emissions, and (not gonna lie) I want some of the fancy new tech toys in the more modern Hyundai cars. So, naturally I've been looking at their EV lineup, and Ioniq 6 caught my eye the minute it was announced. Well, it's here now, and I'm hesitating on it. Despite basically checking all the boxes for what I want my next car to be/have, it's missing a few things that I want.

I live in Washington State in the US to set expectations for features and other things. It's highly likely that I am going to be getting a new job in the next few weeks which comes with a significant pay increase, which makes getting an EV sooner rather than later an option, whereas when they first started coming out I was looking at waiting a year or more in order to save up a decent down payment. So now enters my conundrum. Hyundai cars currently don't qualify for the EV tax credits in the US, though they are working to fix this and it will likely change in the next couple years. The Ioniq 6 is also missing of those nice QoL features that I was hoping to see, things like a panoramic sunroof or the Heads-Up-Display (US models don't come with it in any trim level).

So my main question for all you folks here is: does it make sense to do a 3-year lease option on an Ioniq 6 in the next 2-4 months and hope that, when the lease ends in 38-40 months from now they've fixed those few hangups (EV tax credit, no panoramic sunroof, no HUD) so I can hand over the leased Ioniq 6 for a new 2026/2027 Ioniq 6?


Thanks for any advice you guys might have to offer. This is a serious investment (these damned things aren't cheap ya know?) and it's one of the first times I've sat down and put this much forethought and planning into a car, looking ahead into the future in such a way, so I feel a little out of my depth.

Comments

  • MichaellMichaell Moderator Posts: 260,877
    I see nothing wrong with your plan - and, if you lease, the bank is passing along the $7500 as an incentive to you.

    But, no guarantees that the things you want will be available in 3 years, which means you either have to buy your car out at the end of the lease or turn it in and start over with something else.

    Will an EV handle all the driving duties you have? Do you take long road trips?

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  • Smeeg699Smeeg699 Member Posts: 6
    I'm currently 100% work from home, with that potential new job being 50% WFH (though I've yet to find out exactly what that means), but my daily commute would be ~60-70 miles. So assuming I'm only doing that 50% of the time would be about 7500-8750 miles a year for commuting. Most of the rest of my life is relatively local, so while a 10k annual mile lease might be tight, a 12k would likely be easily doable (currently working from home I drive at most 5000 miles a year based on "driving distance" on Google Maps that would be a mix of my car and my wife's). Don't really do long road trips, or if I'm going to, it'll like be a family trip and we'd take my wife's car.

    What do you think, Michaell, given the fact that Ioniq 5 has the HUD and panoramic sunroof, do you think they'll go that route with the 6 too in the next iteration or model upate?
  • MichaellMichaell Moderator Posts: 260,877
    Smeeg699 said:

    I'm currently 100% work from home, with that potential new job being 50% WFH (though I've yet to find out exactly what that means), but my daily commute would be ~60-70 miles. So assuming I'm only doing that 50% of the time would be about 7500-8750 miles a year for commuting. Most of the rest of my life is relatively local, so while a 10k annual mile lease might be tight, a 12k would likely be easily doable (currently working from home I drive at most 5000 miles a year based on "driving distance" on Google Maps that would be a mix of my car and my wife's). Don't really do long road trips, or if I'm going to, it'll like be a family trip and we'd take my wife's car.

    What do you think, Michaell, given the fact that Ioniq 5 has the HUD and panoramic sunroof, do you think they'll go that route with the 6 too in the next iteration or model upate?

    Make sure you get the miles you think you'll need for the lease. My last lease was for 12K per year and I ended up using only 17K total for the 3 year term (I, too, was WFH at the time).

    If you've got an ICE car for road trips, then an EV for in town commuting makes perfect sense (other than the cost, that is).

    No guesses or predictions on whether the I6 will have the features you want in a future iteration. You pays your money and you takes your chances.

    Why not get an I5 now, if it has what you want?

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  • Smeeg699Smeeg699 Member Posts: 6
    Yeah, that's sort of the hardest part, in my mind, of figuring out a lease. How many miles do I really think I'll be driving on this vehicle... But I'd rather estimate a little high, then be too low.

    Another benefit of using the EV as the commuter car is that the office has EV charging on site for cheap or no extra cost to employees (I don't know the specifics at this point in time, used to be free a number of years ago). So wouldn't even have to worry about having a charger put in at my house, though I would like to have one eventually, or charging on the go.

    As far as getting an I5 instead of the 6, I like everything about the 6 better than the 5, except the a couple of missing QoL things like the sunroof and HUD system. My wife drives a Palisade, and that HUD is awesome to have, I wish my Sonata has one (and I think the newer ones do), so I'm not sure why the US spec of the I6 didn't get one, seeing as even, say, Canadian I6s have it. As for the sunroof, well, that's just a "man, I am going to miss this" cuz my Sonata has the panoramic sunroof.

    In the end, I want an EV sedan, which seems to be rarity in the EV market here in the US though there are more coming down the road. I don't really like driving SUVs or even CUVs. I want the car, but I also know that there are many other sedans that have, or will have when they hit the market, some of these things. I'm just a little confused by Hyundai, who is clearly capable of doing them, chose not to. Part of me wonders if it's a cost thing, or maybe a simplicity thing. Keep things simple and easy on the first version of the Ioniq 6, then add in these changes over the next few iterations of it.

    Anyway, thanks for your advice, glad to hear that I'm likely on the right path for what I'm thinking about doing.
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