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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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.
Looks like leasing a Tesla would be a big NO for a lot of people as you can't purchase the car.
So while I understand the argument for buying vs leasing (and that's why in our household we always have one car paid off completely and one leased at any given time), right now the market is too hectic, IMHO. So I'd rather not gamble on depreciation values.
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.
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If you value your money and family stay away
36 months x $332 = $11952
$5008 at signing + $11952 = $16960
So $16,960 to drive this car for 3 years, is that correct? $471/mo in other words
Which would mean you "almost" pay half the value of the car to drive it for 3 years (and you can't sell it to get some value back, of course)
If you don't like EVs/hyundai/Ioniq 5, why not go away instead of commenting ?
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