Ioniq 6 : rational deal vs buy

Ask the Hackrs
1

I really have 2 quesions here, A] is it a good lease deal relative to leasing and B] how should I think of this leasing relative to buy and hold…

Ioniq 6 SEL , north CA, on a 2 year/12k,
==> 290/month inc taxes, + “at signing dmv resitration title…” come up to 1230. so for 2 years it comes to to about $4000 per year… it seems good based on what I read but… still a lot?

vs, I see you can buy a ioniq 6 or 5, 2023 and 2022 with <30K miles for 30K. I can’t imaging they will deprecate 4K per year for the next 3 years so isn’t it much better to just buy? what am I missing?

2

Its very foolish to own an EV and not think the value will plummet while you have it

Yes the lease is amazing on these right now, $290 is not a lot

3

30k used EV. Registration and tax will be about $3k. That’s a one time pay. If you finance, that’s another 1.5k-2k per year on interest. New car comes with two year free charging. If you use EA charger for 5k miles, that’s at least $700 savings again per year. Then you return the car before tires wear out. On a used car, replacing tires will be another $800 at some point.

4

For used EVs, the best possible hack is sub $25,000 purchase price and stacking all possible federal, state and utility rebates.

Otherwise stick to leasing new.

5

but my offer is not $290 it is $334/m avg monthly for the 2 years