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
Visit HyundaiGood Deal
Bad Deal
Save
Share
Leave a Comment
Top Comments
733 Comments
Sign up for a Slickdeals account to remove this ad.
Our community has rated this post as helpful. If you agree, why not thank count0
Without incentives a base Model 3 costs $40k. It's up to you to decide if any of the foreign models compare favorably to that baseline benchmark.
Generally I think knowing that your purchase was subsidized via tax loophole is slick, especially if you get a superior vehicle an an incentivized or lower price than the benchmark Model 3.
Car dealerships or Elon?
Sign up for a Slickdeals account to remove this ad.
Eligibility
All Tesla vehicles delivered on or after April 15, 2022 are not eligible for purchase.
Third-party dealerships and third-party individuals are not eligible to purchase leased vehicles.
Model 3 and Model Y leases are not eligible for purchase regardless of delivery date.
Looks like leasing a Tesla would be a big NO for a lot of people as you can't purchase the car.
FOH with this garbage.
2019 Toyota Tundra 4x4 SR5 w/ XP package. $352 a month with only first month payment (never put cash down on a lease). Sticker was like $58k but there was like 92% residual on a 12/36 and Toyota was offering $5k lease bonus cash. Sold it for $6k profit.
Currently have a 2020 Kia Niro PHEV. $258 with only first month payment down - again Kia was offering $2k lease incentive and stacking the government tax incentive on top. Nice little car for running errands and to this day I'm offered $5-10k above buyout for the vehicle all the time.
this was a great read: https://slate.com/news-and-politi...antis.
that said, i've called around a few hyundai dealers in socal today and they are all trying to move their ioniq 5s off the lot. they were all aware (and supportive) of the lease + immediate buyout deal, though some of them shared a few hiddent/not-well-known costs of paying taxes twice and lease buyout fees. it seems like a good deal if you're looking at an EV now and want to save a few bucks before the new models come in.
Sign up for a Slickdeals account to remove this ad.
With $5,008 due at lease signing. Includes $7,500 EV Lease Bonus"
it is still $5008 down payment that sucks
First rule of leasing is DO NOT PUT MONEY DOWN. If you don't already know this, they you should read about leasing effectively before doing something you don't understand.
Leave a Comment