I almost pulled the trigger yesterday on this vehicle but was unsure if I should like the interior color.
MSRP $46,950
First offer without trade in was $699 a month with $3,500 down 10/36months.
The final offer to me was $450 a month nothing out of pocket and that would take car. 12k/36months
Vehicle Trading in is 2019 Hyundai Santa Fe Ultimate 2.0T with 32k on it.
Is this a good deal or can I do better?
How much equity is in your trade?
Your 0 due is not 0. Your trade equity is bringing the payment down. Check what the trade is worth to the dealer minus your lien [if any] on the vehicle being traded and there is your “0 down payment”
You wouldn’t get any of the federal rebate on the PHEV on a lease through Hyundai, right? Seems like that is a big downside to leasing one. $800+/mo on a $46k Santa Fe doesn’t seem like a reasonable deal, even in this market.
Is your trade-in a lease? If not, I’d say sell it third-party and consider buying the PHEV so you can at least take the rebate, assuming that it qualifies.
That’s nearly a $13,000 spread. 
Yeah I know it’s not nothing out of pocket because of the trade in but didn’t want to put any cash from My bank into the deal.
Yes my trade in is a lease.
Its still cost youre paying though
My buyout is 21k on it ,cargus says I can get 32k
In that case, this is over $750/mo.
You’d be better off buying and taking the federal rebates 6800
also your hyundia leases can only go to a hyundia dealer. no third party buy out.
i picked up a sel phev and then turned it in. i needed the tax credit.
From $3500 + $699/35 on 10/36
To $450/35 on 12/36
I am very disappointed we don’t get to see all the details on both.
Yeah they didnt give me the details
Was the 699/3500 number including your trade as well?
No it wasn’t including my trade in
Well, then we have a pretty good idea of how much your trade is actually worth.
This is incorrect statement.
@Owtritebrawla can sell it to Driveway. BTW they offer top money.
I’m trying to sell my Santa Fe to Driveway. But they haven’t returned my calls in 3 days. Are they usually that slow? Their offer is 1k more than GMTV and 3k more than carvana, so I’d like to see if they can confirm everything.
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