I would add Nissan dealers to that club LOL
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Somebody on the Ioniq 5 forums posted the early lease buyout rules for HMF. It looks like the buyout amount is adjusted cap cost minus deprecation + rent charges paid. So you save $7500 minus lease fees if you buyout.
A member thought you’d be charged the full amount of the lease (all payments with unearned rent charges) but this reads that is not true. Am I reading this correctly?
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Yes, that would confirm unearned rent charge is not due.
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Well then getting Hyundai Ioniq 5 is a good deal no matter what the MF and RV is.
Just get the $7500 off the price and then buy it out?
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BMW has updated the language on the i4 eDrive35 lease offer to extend to 4/2/2023. It still has the $7,500 offer attached. Still doesn’t appear to apply to the i4 eDrive40 or M50 models, confusingly. It makes for a ~$300/month leasing difference between the eDrive35 and eDrive40, which are models with less than a 10% difference in MSRP. Strange.
This is big. Thanks for sharing this. Need to text my wife we’re getting a new car.
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Polestar numbers for March/April have been released, and it seems like an improvement vs. February at first glance?
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Seems like it has really high MF and low RV. They do offer one pay option I think, but don’t know how much it reduces MF by. No way to find out without ordering.
Edit: I guess the MF may have actually gotten much better from what it currently show in ratefindr. May be RV went up too.
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I think it makes perfect sense if you consider the context of the full lineup
eDrive35
Range: 260mi
0-60: 5.8 sec
Price: $44,500 (inc. $7500 credit)
eDrive40
Range: 301mi
0-60: 5.5 sec
Price: $57,100
M50
Range: 271mi
0-60: 3.7 sec
Price: $68,700
This is BMW’s backdoor way of creating separation between their trims
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Fair point. The additional difference is the battery packs between the eDrive35 and eDrive40, giving the 40 a much more attractive charging curve and peak charging rate (and range, as you pointed out). If they were to extend the $7500 lease credit to the 40, it would be a pretty compelling offer. Alas, that does not seem likely.
Update: It looks like updated March numbers are available on the IONIQ 5, and HMF increased the RV on almost all trim levels, but then marked up the MF to essentially negate the effect. Still doesn’t lease well, even with the $7,500 lease credit. Cheapest lease I was able to price out is roughly $700/month for the SE and $750 for the SEL RWD models.
Hyundai dealers are going to be swimming in inventory until they start coming up with more competitive lease deals on them. For $700/month, leasing a BMW vs. a Hyundai is a pretty easy call.
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Hyundai (and their dealers) seems to think their EVs are made of lithium. 
They don’t qualify for the credit on purchases and while they can incentivize on a lease they really don’t.
That Motor Trend award must make them proud.
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Do you know if Kia is doing the $7,500 credit with the EV6?
Whoa, does the fine print actually say the Select and Calif Rte 1 are NOT eligible ?
Does that mean the Premium and GT are eligible ?
Can it stack with a PCO ?
Good question
Not that I have seen. They weren’t in February, and the early lease reports for March via the Edmunds forums looks like there’s still no $7500.
Lease is poor but seems like a good lease-then-buy candidate.
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I’ve heard Hyundai and Kia don’t have enough supplies for their EV’s so they can only build as many as their supply holds up for now. So no discounts for now. Not sure if this is them just keeping supply tight so they can make more per unit.
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