I’m pursuing a lease here in FL on a 2025 Hyundai Pallisade Calligraphy. Never leased, always tended to buy CPO and sell after 2-3 years and be upside in the vehicle.
12k miles a year, 3 years, $0 down outside of fees and taxes (about $1700 here).
$650/mo, is that good?
Take the VIN out. Someone will grab your deal.
Who in their right mind would steal that deal on LH?
Almost 25k to rent a $50k car, return it and lease again and spend another $25k on the next lease? imagine spending $50k over six years & have no equity… and rinse and repeat
Some lease the consumer wins; some leases the bank does. If you knowingly choose the latter it’s on you.
Thanks. I’m not going after that exact one, and we are starting negotiations by email on this. It’s a first lease I’m trying to navigate. I just don’t want to pay $900/mo for a vehicle that halves in value so quickly. Investing in a depreciating asset is silly enough but all of us that have done it know it’s hit or miss depending on the value after a few years.
I’m trying to learn.
What is a proper deal on a $0 down lease like that then? Your comment isn’t really helpful.
I didnt look at the deal, it was a general warning to not post too many details of the exact vehicle.
Yeah no worries I was responding to the other commenter
Best way would be to start with researching marketplace and see what brokers are offering and go from there.
I suspect this is a much better purchase option. Use the calculator to determine if any amount of reasonable discount will make this lease close to attractive.
There are only 3 advantages to leasing the Telluride
1 - Lease money which is $2000
2 - Low interest which is ~4%.
3 - The current RV of 61%
So if you like to change your van every 3 years, the Telluride is a better lease than a Carnival…otherwise, buy it.
But you didn’t list what kind of discount are you expecting, just is ‘650 a good price’ that’s a bit harder to say
Most ICE cars are not hackable rn.
It’s either EV or a few PHEV at the moment (Volvo XC90, Mazda CX90, Hyundai Santa Fe etc) for leases.
On the Palisade the RV/MF situation doesn’t allow a good lease regardless of what you do, and the bank wins regardless. The more you negotiate off the price, the more attractive it becomes to purchase
This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.