I ordered the ID4 last year and the car just arrived at the dealer. I asked for the leasing details and this is what I got. I am new at this and seems like MF of 0.00305 seems terrible. My credit score is above 800
What do you guys think of this lease options? Sticker also attached.
Monroney_WVGKMPE22NP049615.pdf (843.4 KB)
Di Sessa.pdf (566.3 KB)
Thanks for the help
Alex
Why not just finance it?
Don’t ask what their best price is. Ask for the deal you want and if it’s reasonable they’ll make it happen.
They lost the $7500 tax credit- combine with a crazy money factor. These are not leasable. Just finance if you want it.
Finance with the dealer to get off the lot- refi with Parsons under 3% for up to 7 years.
Looks like it is an MSRP deal.
Is the base MF? Did you check emdunds?
I don’t think there are any add ons on the contract so it looks like RV and MF sucks?
Finance it
Is that the buyrate MF? Without the $7.5k incentive, these will not be a good deal.
Either finance it or order a 2023 assembled in N. America.
There is not a world where this makes sense to lease, especially if you have a purchase agreement in place that satisfies the transition rule of the IRA and allows you to claim the tax credit on your purchase.
$900 is just plain bad, I hope you don’t really need that car.
Or at least don’t lease it.
Thanks for all the comments. Definitely not doing it. Was just trying to validate this was not a good deal.
- Care to answer? If you have good credit, you could probably get a 72 month for under 3% APR.
Yes I got just about that on financing.
Buy it then. If you need this car and it’s at a price you can live with, buying is the prudent decisions.
Finance it. Factoring the free 3 year charging cost in your monthly should soften the monthly a tad. I spend around $135 to charge my Etron with $4 monthly subscription with Electrify America.
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