It was a beautiful Thursday morning in SoCal, woke up did the morning routine and sat down for some LeaseHackr adrenaline and pick me up…when I saw @OcAutoLease posted about the 2024 Ioniq 5 13/10k deal…$1330 (7.75% tax) knew I had to have it and before midnight exchanges were done and moved forward…picked up today
Color: Cyber Gray, Black interior
MSRP: $49,625
RV: $32,256.25
Rebates: $15,500
Term: 13/10k miles
Payment: $1317.24 with 7.25% Tax (Single payment/One Pay) will get $150 back from AMEX CC-upgraded to Blue Preferred Card
Broker fee: $599
Effective monthly: Before broker fee $89.78 after broker fee: $135.86
EA free charging 30 minutes sessions
ONLY INFO I CAN PROVIDE IS BROKER’s INFO-NO DEALER INFO AVAILABLE
Car drives great, HDA 2 is great-not as good as Tesla’s Autopilot…a bit too jerky and a couple of times as I was cruising on PCH in Malibu it went over the lines, but other than that it was Ok. Drove it in ECO mode and power seems adequate , will test the Normal and Sport soon. Cornering is quite good actually, better than the Tesla Y for sure-might test on a twisty road Decker Canyon Rd or Mulholland hwy Agoura Hills
Edit: I got 4.2mi/kwh mostly flat highway driving home
They might, but expect a very high monthly payment after the 13th month, as they might base it off of the total with rebates etc. so it won’t be $100/mo
So, the disposition fee is not factored into the one-pay you made I assume?
Kind of sucks that it is 13 months and not 12 months since you then have to pay entire year of California’s high registration fee for just 1 month, which raises the all-in costs along with the disposition.
Plan is to return before 12th month ends…so no extra year of registration.
Disposition fee is separate at the end $400 I believe or if I lease another Ioniq 5 may waive dispo fee:crossed_fingers: @OcAutoLease IS my broker
Oh, that’s smart. A lost month is much less than the cost of registration.
I assume they don’t care if you return early or not then?
And, thanks for the broker info.
Yup, don’t really care about the month as I have other vehicles, could also do a PNO with DMV and request a ONE DAY PERMIT TO OPERATE to return to dealer-but then have to store vehicle off public street/parking etc so better to just turn it in early and since it’s a ONE PAY there shouldn’t be any issues as everything is paid already