I was told by the manager that the residual didnt include the $7500 rebate(it was a little confusing to me)
Here is what I understood:
$499*36 = 18k
Down = 5k
Total 23k at the end of 3 years
If I wanted to buy the car lets say at the end of 3 years. I essentially should be paying 22-23K(roughly)
What am I doing wrong? is this a good deal? I would really appreciate any help in this regard. Thank you
Thank you for the reply, I am not sure if it includes the taxes on the incentives. The $1k was after I asked him to get the monthly payment down and thats what he gave me, how much can I push for?
24/12k - $307 plus tax (With Hyundai Loyalty)
36/10k - $361 plus tax (With Hyundai Loyalty)
or
2023 EV6 Wind RWD
MSRP: $50200
$2000 due at signing
36/10k - $490 plus tax
How do I compare which is better? and what is not being included here? Sorry if the questions are too basic as this is the first time I am doing this kind of math or understanding how this works.
They’re very similar. You’ll need to test drive them to see which you like better. Or watch some YouTube videos. Not sure if there is no broker fee on the EV6, or he just left it out. You put $2k on your cc at the dealer, and you add local taxes to the monthly. Once you pick up the car, you pay the broker via Zelle. Text message the broker. Very easy process. No pressure from dealer. You’ll probably need to fly down and Uber to the dealership
I test drove both and they seem very similar considering Kia owns Hyundai and Thank you for explaining. This sounds pretty easy. Do they not ship it out? Flying out and bringing the car seems like an additional hassle and how does this affect the registration if i decide to go down?