Question about lease
Hyundai Sonata Limited 2023
MSRP- $37,070
Adjusted price- 31,370
Drive off- $933 ( first&dmv)
36/12k miles
Monthly $483
Money factor 0.00199
Am I getting a good deal ?
Not a bad car, not a bad price. I would take it. Is there a better deal to be had? Sure. Is it worth chasing? no
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good mf, and 2750 in incentives means you got it $3k off, not bad.
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A leased car, by definition, needs to be returned. Unless you’re leaving the country or retiring from driving, you’ll therefore need to replace it with another car.
Assume your next lease is a similar one. Putting you on track to spend ~$35,000 over the next 72 months and then having nothing to show for it. Does that sound like a deal to you?
EVs are better deals for arguably better cars if you are ok with the charging situation. I wouldn’t pay $500/mo for a mainstream non-luxury midsize sedan but you wont be alone if you decide to get it.
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