I hope I am posting this on the right sub. Apologies if not, I will move it.
I am coming out of my 2021 Mazda CX-5 lease on June with some small equity as I only used 25kmiles of 45kmiles contracted. I am starting to evaluate my next move. I am open to lease or buy, based on what would make more sense. Buying the CX-5 would be the money savy move at this point. However, while I enjoyed my time with the car, the overall feeling is that it is overvalued for what it is. Road noise, no power, small inside, not that good chasis/road mannersâŚ
I rent an apartment without charger, so the EV option is out of the table. Wife and I have a single car. Baby incoming 2024.
What Gas/Phev compact/midsize SUV would you get? Would you lease or buy it?
Priorities are road comfort, some power and space for 4 adults to sit comfortably. I have been looking at GC 4xe, X3, X5, Q5,⌠but I canât really decide what would be the best single car for us.
I would prefer to go into a lease at an effective of $600-$700/mo or less, but not sure how feasible it is in current market.
In CA for this month the brokers are showing $700 + XXXX Down just to start. A few months ago that probably was true, but the few I checked now are way out there.
How do you like the XC90? It is an old plaftform so I was heasitant wheather it feels âoutdatedâ. Seems like it could be a good option if I can find a good deal.
I will warn you the Infotainment on the Volvos is very âhands offâ. (I own one)
They donât tell you the tire pressure for example, just that itâs Red or Green.
OP needs to make sure heâs comparing pricing based on his personal situation (with or without Volvo loyalty, A plan, Costco, MSD, etc etc).
Then youâre going to feel the same way about an X3 30i or Q5 (lack of power, NVH, overpriced). X5 isnât in your budget under todayâs programs unfortunately.
The value in leasing a compact to midsize ICE SUV is mostly absent there. There was a Santa Fe deal briefly in like October or something, that was about it for this year.
You can strike a balance between driving something you like and being money savvy. If you find something you like and it has decent value retention, then 4-5 year ownership cycles will save you a lot of money over 3-year lease cycles in this segment.
You can find several lists floating around online. Basically almost any two-box silhouette (CUV/SUV) from Toyota, Lexus, Honda, Subaru, Hyundai and Kia will do well.
The left field idea is that traditional midsize sedans are going away, not because demand has gone to zero but because SUVs are more profitable. Sonata, K5, Stinger, etc are all being discontinued and all the traditionalists who want to replace their, say, 2020 model in 2027 wonât have any brand new models to buy so theyâll have to buy used.
