About to sign this lease on a 2023 Hyundai Ioniq 5 SEL. Relatively new; appreciate input
$0 down (except 1st month and fees + stuff which adds to 1909.71
$1132.82 / month includes 10.75% local tax
Rent charge 7952.46
MF - unknown - how to calculate?
Gross capital cost 58,092.00 (higher than sticker price which says 53,130.00
Am unclear how CA state tax figures in, if it does. Also not sure the MF. Overall, this is better than other quotes I got (I think) which want 3K to 5K ‘cap cost reducer’
Leasehackr gave me score of 4.2 but no idea how to know quite what that means!
LOL, appreciate the input! I don’t really want to ever ‘own’ it because the tech changes so fast and wanted to minimize upfront costs. Believe it or not, this is the better of the other deals from Hyundai dealerships I was quoted! Will read Leasing 101 again…