Ok, I got the final break down on the lease. If any of the lease experts can look at the number below and to see if it makes sense I would appreciate. I am new to leasing so these don’t make much sense to me.
MSRP $35,630
Discount $2,494
Selling Price $33,136
Processing Fee $117.75
License/Registration $305.38
Aqutition Fee $595.00
Rebate $10,419
Adjusted Cap $24,750
Due at Signing $0
Residual Value $16,746 (47%)
Monthly Payment $251+Tax, I get $1,500 back from State EV Rebate which makes this lease much cheaper probably in low $200…
When I leased my 2016 Kia Optima, the Uber rebate was showing as available. I noticed that TruCar did not allow it to stack when calculating the lease, although it did not say finance only anywhere. When I leased the car, the dealership insisted that it was not applicable on a lease. I thought that they were pulling my chain and checked with two other sources online and both said only available on finance.
Thanks for the information. It looks like there is some different experiences on this. Some said they couldn’t get the UBER rebate and some said they could get Uber rebate on leases.
Few Hyundai dealers I spoke with, most said they should have no problem with Uber rebate on leases and one said it would be a problem. Again, conflicting info.
I think a big part of it is them not wanting you to use your leased vehicle for ride-sharing. If a dealer denies the uber discount, you might try telling them that you have no plans to use your leased vehicle for that, and that they should try applying it anyway.
Jmac, good point. I only got the UBER account few days ago just for the car purchase purpose. I have no plans of becoming an UBER driver so maybe I can use that argument to see if that will go through.
Ok. I leased the Sonata Plug-In and I got even better deal than originally posted. I was able to get the UBER discount. According to the dealer, UBER qualification also depends on your credit score. If you have good credit, they will give you UBER discount even on a lease. Just sent out for $1,500 EV rebate from State and another $300 EV rebate from local utility.
Thank You. I literally talked with all the dealers in California to get this deal. I tried True Car and Costco buying service also and they could not even come close to the deal I got.
I had to do a bit of work to get this deal but $180 per month with less than $0 down on a $36,000 car is a fantastic deal I think. Best deal I’ve ever got on a car. Very happy indeed and this Plug In Hybrid is a fantastic car. This car gets 99.9 mpg in EV mode and I get 50+ mpg on hybrid mode.
Hyundai was offering $6919 lease cash on the leasing of Plug-In. Then I got owner/competitor rebate of $1,500 on top of $6,919 lease cash. That came out to $8.5K,