Is it worth going for 2024?

That’s also a hard pass

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Agree to disagree

Yes, out the door. You gotta spend sometime to find those good ones.

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After discounts and rebates I can buy out a brand new 2025 EV immediately after leasing it for around $30k so it’s not even a contest

Please tell us more :grin:

That’s a good idea and what brands do you recommend?

A bunch of the ~$50k MSRP EVs have discounts and incentives totaling ~$20k so the immediate lease buyout is ~$30k plus tax.

Three examples off the top of my head

Ioniq 5: $3-4k discount + $15k incentive
RZ300: 15% discount + $13k incentive
Prologue: customer-facing lease cash + dealer-facing factory cash + the actual discount

Details and more examples can be found in Signed Deals & Tips

Okay, I got the service record and battery report from the dealer. The service record appears to show that all updates and recalls are done. According to grok, the battery report says it’s in excellent health.

I know a lot of people think I should run but I’ve tried to get a decent lease deal on a 2025 and just can’t seem to get to the numbers that other people are. I’m planning to buy an extended warranty, so I have peace of mind for 8 years. Total out the door with the extended bumper to bumper, including tag, taxes and title etc. will be around 31,000. Unless people still tell me I’m crazy, I feel like I should pull the trigger.

If anyone on here has the head to look through the reports and tell me if I’m missing anything, I’d really appreciate it.

Blazer Service Record.pdf (842.7 KB)

Blazer Battery Report.pdf (885.2 KB)

Nothing you have said has made this any less insane of an idea.

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I’m curious, are you against spending 30k on an EV because of the mad depreciation, are you against buying a GM generally, or is it this specific vehicle which you think is a bad idea to buy? Genuinely trying to understand so that I can make a good decision. Like if I managed to get a great deal on a recently built 2025, would people support that, or is the advice to just lease at the moment until things settle?

In the absence of a good lease I’d consider buying a RZ or Ioniq etc for $30k

But great lease deals are very much present. They just need someone to know what to target and make unambiguous offers to 10-20 dealers.

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Yes.

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The closest Ioniq to the Blazer RS is the Ioniq 5 SEL. Similar MSRP. Interestingly, Hyundai discount their 2024 by only $800. I had a quick look around and can’t see any dealers slashing the prices to clear.

Can’t find the RZ 450e (closest equivalent) within 500 miles of my zipcode. I have the 300e but again, no dealers seem to be slashing prices.

I’m not looking for a price match but looks like I wouldn’t get within 10k out the door.

I got what seems to be a decent lease offer according to Rate Findr on the Prologue, which is basically the Blazer. For the Touring trim, MSRP 56,605. One pay lease is $7,620 for 24/12. If the Blazer is going to be worth less than $22,500 in 24 months, then I should lease. Seems very low for a 2 year old (3 model years) car which had a 56k MSRP though.

Not trying to argue with all the people on here who have much more experience than I have, and I’m not expecting anythign for free. I’ve spent hours on the forums and deal trackers and I’ve contributed to the site, I just want to make a good financial decision but the future of EV values is so unpredictable. Of course reliability is also a big issue, although the dealer I’m buying from is local and offers a courtesy car if mine is in for a warranty repair, so not ideal if things start going wrong but at least I won’t be without wheels.

What does this statement mean to you?

Ratefind tells you what the lease programs are. It in no way tells you if a deal is good or bad.

Means that Hyundai are not desperate to shift last year’s cars. They either don’t have excessive inventory to clear or the residual doesn’t plummet on their brand the way it does on Chevy.

It tell me if the MF and residual are correct. I’m getting 15% off MSRP, which seems like a good deal according to signed deals posted. So between those, it seems like a competitive deal for that vehicle.

Take the Prologue you were offered or apply this strategy to a RZ

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The deal can’t exist with an incorrect residual value and a marked up money factor doesn’t in any way indicate if a deal is good or bad.

What it tells me is that you’re looking to Hyundai to drive the terms of the deal, not you.

What I see in this thread is you focusing on the wrong things and trying to justify a poor financial decision because of it.