Hey all, trying to help a family member with this based on all the awesome info from this site.
2020 Hyundai Kona limited AWD, 36/12 Edmunds MF: 00140 and residual 57%; $2750 lease cash. These are for 15k miles, so 59% for 12k.
Not sure what they’re doing with the 1700 and 970 rebates in the two different sections. Wed like to get pmt down under 250 with less than 2k down.
Any advice?
You’ll need to get another $1k off the sales price to be under $250 with $2k down.
You can get a $500 post sale rebate from bonusdrive though
So if she put 2500 down, she would get 500 back through submitting the application on bonusdrive?
Overall a good deal and slightly under dealer cost. Incentives and RV/MF are correct.
As @mllcb42 mentioned, Google the Hyundai bonus drive to see if you’re eligible (you probably will be) to save an extra $500.
Send me a PM if you want a different color combo, but this is a nice deal.
You don’t need to put anything down.
The bonus cash is a post-purchase check that comes in the mail
She’s trading in the old car which is worth 1500 if lucky, 07 sonata. She’s not trying to pay over 250 a month, so 0 DAS may be tough. Obviously much harder to knock down selling price on <30k cars.
Does the lease sheet reflect her $1500 trade in as cash down?
Yes, bottom right of sheet 1500 cash down.
allstate.bonusdrive.com is the place to apply if you’re not eligible through other means. They don’t require you to be an allstate member to qualify.
It says Hyundai Kona is good for $500, doesn’t really list restrictions. Seems like anyone can get it.
The general restriction with bonusdrive is being part of a participating group. Using the allstate link works around that since it does not require you to be an allstate customer.
Awesome info, thanks.
Thank you. I knew about the Bonus cash, but didn’t know about the All State workaround.
Looks like a good deal. Just submit the application for the bonus drive within 60 days of purchase to get the $500. Enjoy the Car.
