Tracking Ioniq 5 Availability / Southern California

553 Views 7 Replies 3 Participants Last post by Scafremon, 49 m ago

Scafremon

Discussion Starter · 12 d ago

In early May I started tracking I5 availability on a daily basis at dealers local to me, using the Search New Inventory tool at Hyundai USA. Search criteria is AWD vehicles within 150 miles of my location (Orange County).

I should mention that the vehicle numbers are not 100% accurate for what is truly on a dealers lot or in transit, as I have seen vehicles listed on the site for a few days after the dealer has confirmed to me that the vehicle was sold. In addition, I cannot reach any conclusion as to how many vehicles were sold between different days. Just because the number hasn't changed between days doesn't mean no vehicles were sold, as 50 could have been sold, and replaced with 50 more. My goal was just to waste time as I contemplate a purchase, but also notice any trends.

Up until yesterday, the values did not change much, growing slightly each day. But yesterday and today I have seen the first noticeable spike. Here is the data.

Font Material property Number Parallel Pattern

Overall, there are 26% more vehicles listed between 5/3 and 5/20.
The limiteds (the trim I am focused on) have had a 73% increase, and most of that in last couple days.

Regarding exterior colors, I was only tracking Digital Teal limiteds initially. There were (9) on 5/3, which dropped to 7 on 5/18. As of today, there are 25.

Again - this data set is too small date-wise and market-size to reach any conclusions. But if you are in OC this info may be of use.

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darinf

· #3 · 12 d ago

Nice work!
During my search (and purchase) of a Limited at the end of April, I found that the Hyundai website inventory search didn't line up with the inventory listed on the dealers' website exactly. For some reason it felt like the inventory listed on the Hyundai site was higher. I would click on cars to go to the dealer's site and the car wasn't there. Sure, maybe there is a significant delay from when the car is sold and the Hyundai website is updated.
I also noticed that at that time the majority of Limited's were black too.

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darinf

· #5 · 12 d ago

Scafremon said:
Thank you.

Not only can there be a disparity between Hyundai site and dealer site, but also between dealer site and actual dealer inventory. My thinking is that while the numbers could be 'off', there is some value in being aware of the changes. Especially if someone is focused on a specific color. So if Cyber Gray is what you want, two days ago your options were much more limited than they potentially will be in the next few weeks.

I wish I had the numbers for April, to compare to the May inventory growth, possibly indicating May was a down month for Hyundai selling I5's. Possibly related to the APR increase? Maybe the June offers will reflect a different strategy?

I would guess that sales were down in May due to the reduction of the lease cash from $7500 to $5000. Whereas Kia increased from $5000 in April to $7500 in May. And Tesla dropped the MY prices in April.

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