As per prior recommendation, I now have the Rate Findr and it’s freaking awesome… I have used that to generate this lease 2024 Ioniq 5 - SEL - RWD which I’m planning to show it to our local dealer. Please let me know if it’s too aggressive or if I forgot to add/remove something. Thanks again for your time.
Thanks Asha for your quick response… Do you know what’s a good LeaseHackr Score? I understand higher is better, but I’m not sure how the score differs for each car company or model. Thoughts?
A good leasehackr score is whatever you’re happy with! LOL
In all seriousness, from my limited time in the forum, I think a deal with a leasehackr score of double digits is pretty good, and anything more than 15 years is a really good and rare deal.
The highest I’ve seen with a proper calculator was 19 or 19.5 years and those are usually unicorns or extremely limited time deals.
It all depends on you and what you are good with. Also make sure to compare with only your market, so comparing your deal to some place in Florida doesn’t make sense since the market is different.
Yes, it is too good to be true. Look at the breakdown of your cost in the calculator. The depreciation is negative because you are using the wrong residual percentage. Two year residual is 70%.