Working with a dealer on a 2024 Hyundai Santa Fe Hybrid SEL trim in the Rockwood Green in Dallas TX. This is the first one on their lot so I’m surprised they’re even giving me $ off MSRP but curious if I can get more?
MSRP: $38,605.00
Selling Price: $37,750 (2.21% off)
Rebate: $500 (military)
MF: .0025
RV: 67%
DAS: $578
Monthly: $578
Don’t you pay taxes on the selling price in TX for a lease, unless you have a tax credit?
Not a bad deal at all for the Santa Fes
How do you benefit from this arrangement? In 3 years if you lease another one you’ll have paid $42k+ in total to lease cars that would have cost ~40 OTD and on top you’ll have little to no equity.
I get a new car for 3 years instead of driving a 2008 with almost 300k miles on it with 1,000 problems. My credit isnt good so I have to have a cosigner, dont want to lock them into a long term financing arrangement when I can turn around and purchase my own in 3 years time.
Do you have tax credit? Isn’t tax levied on total selling price in TX?