Spoke to a dealer today via email in regards to obtaining a “new” 2021 Hyundai Sonata N Line only to be told that the vehicle in question has 3,000+ miles on it and that it would be a bad idea to lease it. When asked why, I was told that I would have to pay for those 3,000 + miles. I have never heard of such absurdity, specifically paying for mileage that I did not put on the car, so I am genuinely wondering if I am missing something or dealers just have the audacity to say things like this? Appreciate any input and happy holidays to everyone.
Yes, there is typically a mileage penalty on demos. You have to negotiate a commensurate discount to account for it. Sometimes this is done directly, sometimes the rv is reduced, etc.
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I assumed that was the case, but when I brought up adjusting the cap cost or the residual value I was told that “nothing could be done”. Guess I am finally experiencing the crap dealership experience Hyundai/Kia provide.
The dealer doesn’t get a choice as to if it’s handled by paying the mileage directly or if the rv is lowered accordingly. It’s how the bank does it.
Oh thanks for clearing that up.
Even aside from the mileage, what was the reason to enquire about this car? Does it have a good combination of RV, MF and incentives?
I have been looking around for a sporty sedan that won’t bankrupt me and I landed between the Kia K5 GT and the Sonata N-Line. Kia stopped production of the K5 GT so the decision was obvious. I have specifically been looking for 21’s instead of 22’s because there is $2000 lease cash vs $250 lease cash.
Just so the numbers for 21`s are out there:
MSRP: 34,554
RV: 60%
MF: 0.00123
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