"Half a Car" Promotional Lease via a local dealer

Ask the Hackrs
1

Hyindai of El Cajon has radio commercials advertising a “Half a Car” deal. I called to get more info and couldn’t get much without being baited to come in and talk to someone. Here’s what it kind of is:

Pay 1/2 the value of the car and reserve 1/2 guaranteed towards its future value in year 2 or 3 with the option to trade in for a new vehicle, pay off the remaining 1/2 or drop off the car.

I did get the person on the phone to admit it was technically a lease, title is held by them.

They wouldn’t provide me with any further info but I’m wondering if anyone here might know of anything similar. Just sounds like a standard lease with a sizeable down payment to me.

2

:joy::joy::joy::joy::joy::joy::joy::joy::joy::joy: this is so funny

3

Change the channel next time you hear that commercial.

4

Believe me, you do NOT want to know the details for that deal.

2 Likes
5

I thought it was a balloon at first

6

That’ll be your sign to move on from this dealer.

7

I heard the same ad when I was in San Diego this week.

I just rolled my eyes and went on with my life. :slight_smile:

8

Yes, let’s make leasing even more confusing for the average consumer who already doesn’t understand it. That will help.

9

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