Hey Hackrs - I’ve been reading about how some lease deals lend themselves to quick lease buyouts resulting in advantageous deals. Prime example is the situation with the Stinger GT I saw others post about where they entered into 24 month leases which they immediately bought out. I think some folks got a 50K+ car for around 36K.
I’m wondering if anyone is aware of any other similar deals, specifically for cars in the Kia Soul class. I have a friend that needs to replace a car she just totaled within the next week, trying to help her with some leads.
There really aren’t that many vehicles that fall into this category. You need something that has significantly higher lease incentives than purchase incentives. Lately, that’s been Acura MDXs and Kia Stingers.
Lease-to-buy could be good is you intend on purchasing your EV but don’t have $7,500 in federal tax liability to take advantage of the federal tax credit – and the captive is offering a lease credit/rebate of the equivalent amount. For example, VW Credit has a $7,500 rebate for e-Golf leases.
Usually on EVs. 5 coworkers leased I-Paces off an employee type program and sold them to Vroom months later. Offers varied by mileage and trim of the vehicle but most took home about 10k profit due to the massive lease incentives.
Kinda bummed I didn’t get it on it but there was no guarantee it was going to work and I didn’t want to get stuck in a I-Pace for 39 months
