expiredDC13 posted Jun 06, 2023 06:25 PM
Item 1 of 7
Item 1 of 7
expiredDC13 posted Jun 06, 2023 06:25 PM
2023 Hyundai IONIQ 5 SE Standard Range SUV Lease w/ $7,500 EV Lease Bonus
for 36-Mo. w/ $5k Down Payment$332/ Mo.
Hyundai
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*shrug* I bought a Tesla...
The leasing company IS because they are the owners of the car.
The leasing company, HMF decided to pass the full 7500 to lessees as a rebate.
Dealers have nothing to do with that. Dealers can offer a discount on the vehicle's selling price, though.
The base MF can be marked up by the dealership up to a certain amount. Usually 40bps.
EVs are very much in their beta iteration and don't make sense for most people (no level 2 charger at home, live in extreme weather a few months a year, or take too many road trips).
This is incorrect.
With Hyundai, you have to go through their captive lender.
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Adjust for todays market I'd say 2500 -3k is max I would put out of pocket for a lease.
It'd be the Secret Service, not the FBI, on matters of fake currency.
- the deal here isn't the lease. it's to lease the ioniq 5/6 and then immediately buy out the car as soon as you can. leasing these cars without immediately buying out is actually a very poor deal, and you will negate the 7500 cash rebate due to the high rent charges/interest.
- buying a car today is not like buying a car last year. your ability to negotiate a deal on these cars will vary based on supply in your region (as well as how willing the dealership is), but for reference, i live in socal and i'm negotiating deals below msrp. this part is YMMV. when negotiating, remember that many of these cars have been sitting on the lot for a while, so you can negotiate a price BEFORE factoring the rebate. again, this part is YMMV.
- down payment is not the same as due at signing (DAS). most folks would recommend not putting a down payment for a lease, even in this lease/buyout scenario. you will pay taxes and fees as part of DAS, and some people choose to pay it upfront or roll it into the payments.
- most sales reps won't give you the best price until you pull up into the dealership and play hardball, but i can say that paying MSRP right now (at least in socal) is not a slick deal. if you're serious about getting a good deal, look for ways to drive down the selling price (removing dealer-added options, knocking some dollars off the sticker, etc.). some of these cars have been on the lot for weeks, and you might have some more luck at the end of the month.
- everyone hates negotiating with dealerships. we all wish we could buy directly from manufacturers in every state. blame NADA and their lobbying. but if you're in the market to buy a car that is not a tesla or a subscription, it's a poison you're just going to have to deal with. read up on how dealers make their money and where they mark up the most, and learn to speak their language according to the deal sheet so that they are more transparent with you and actually back off a bit on their tactics.
If you can't afford that, then you need to get your finances in check
First, its a Hyundai. Dont want to get a fire, kia boyz, battery replacement, horrible resale value etc
Second, its a Hyundai
From the office of oakraiders510
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