Monthly payment doesn’t seem bad, in a vacuum, but the sales price and MF seem high.
I have a vehicle to sell/trade-in that’s underwater by $1-3K…their offer on that was terrible, so i told them to skip it. In hindsight, I should have gotten both to compare the numbers.
-Credit is 760+
-No plan to buy the car after the lease ends, leasing an EV as I have no interest in buying in this market. Basically trying to lock in a cheap lease for our 2nd car until I’m ready to make a more long term vehicle investment in a few years.
Attempted the calculator and messing something up - dealer quoted me $366/mo for 24 months.
Any feedback / advice would be appreciated! Have zero experience negotiating leases, so I’m thinking I try to work on the sale price / MF…and work on selling my current vehicle elsewhere.
Distressed merchandise is exactly what I’m looking for at this point, I don’t care about range, charging speed, etc - just looking for the cheapest possible 2nd car that I can plug in.
Like I said, this is my first attempted leasing experience…so i appreciate the help. So going for a 10-15% reduction on price before incentives would be the approach? How about the MF?
Literally just went through this last month. Stay away from the Niro! I had a 2017 and really enjoyed it. Drove the 2023 EV Wave, fully loaded. Was quoted similar prices. Got an Ioniq 5 SEL for the same price. Way better vehicle. More comfy. More fun. More speed. More room.
And that MF is insulting. They’re ripping you off.
I’m only moving forward on a good deal. My current car situation is fine, so I can afford to be picky fortunately.
Yeah, I love the Ioniq 5. Everything I’ve seen online hasn’t looked nearly as good, in terms of deals…will keep my eyes open.
But ultimately, I just want the cheapest car with a plug I can get. Already own a PHEV and have a charger in the garage - that can handle any longer trip. I work from home and don’t drive a ton…so if i can find something cheap, and can rely on cheap electricity @ home vs gas…I’ll go for it.
