Year: [2017]
Make, Model, and Trim: [Hyundai Sonata Plug-In Hybrid ]
Months/Annual Mileage: [36/10K and 36/12K]
Zip Code: [90065] (or anywhere in SoCal)
RV/MF for it? Cannot seem to find it in Edmunds forums.
The incentives I found were:
$4919 Federal tax credit (to be negotiated with the leasing company, as they would get this)
$1500 California Clean-Air Rebate
$400 New Grad Cash
$500 Boostup Match
Anything else (incentives) that I’m missing? (Not a current car owner btw!)
Wanted to bump to see if anyone has access to the MF for Oregon.
From reverse engineering it via the Hyundai lease calculator it looks like their MF is .00025 and RV is 47% on a 36/12K
Looks like they have a $6419 leasing incentive (2017 Hyundai Sonata PHEV Special Financing) which could stack up really well with:
1500 Conquest
1000 Uber
500 Boost Up
500 Bonus Drive
Oregon also just passed a similar law to provide a $2500 rebate for plug-in or electric vehicles which is supposed to be available in the next few months.
If you could get the dealer to give a decent discount off of MSRP, my calculations are putting this in the $125-140 a month range with virtually $0 down which seems like an awesome deal for a 35K car…
My lease isn’t up for another 6 months but I have my eye on this if everything comes together as I think it might.
Can everyone else check my math/let me know if you think these will stack.
Is the Special Financing incentive available for leases also? Usually the word “financing” in any mfr offer is for purchase deals only.
I hope it applies. I’m pretty sure it does as it only shows up on the lease portion of the Hyundai build and price calculator, and the folks in the Hyundai forum at edmunds reference it when someone asked in April about the Mf and rv… i think it is their way of incorporating the savings they get from the $7500 federal tax credit.
You should look into the Kia Optima Plugin too. Over $10,000 factory rebate.
When I look on the Kia website for my Zipcode I see $4500 in lease cash for a 24 month lease, 4K for 36 and 3k for a 48. Is there more on the table then just that?
@Trung_Pham - after doing some digging I see the $10,919 KMF lease cash on my local dealers website. Thanks for pointing it out! Looks like Kia also does 24 month leases which could help make it a great deal as well.
These will still cost more to lease than the Chevy Volt because of its horrible residual value.
Let us know how much discount you can pull on the sonata
Volts prices went up recently - can’t get a sub-250/month volt anymore
