Total newbie to leases and grateful for your knowledge. Located in Los Angeles but open to driving to Inland Empire or OC.
Currently midway on a financed 2019 Kia Niro Plugin Hybrid - it’s become too small with the 2nd car seat. Owe $16k but dealer trade ins are around $13500.
Looking to get into a larger car, perhaps a smaller SUV like a Sportage or a Jeep, but open to others. In passing, Kia dealer mentioned EV rebate incentives up to $7500 could be used in lieu of down payment, seems appealing. Would be great to stay in hybrid/plugin family.
Hyundai has some of the lowest leases for small suvs, hybrids
I have aggressive pricing here:
February programs end on 3/3 if you want any of these deals
Any mention of large rebates like the $7500 for EVs is already burned up to make the lease numbers low, it is not something you can add at the end on top of a low lease
The $2500 negative equity is going to make under $300 a month difficult. It adds about $75 a month to a 36 month lease. Hyundai is probably your best bet as mentioned above. Can you go full electric?