New Company Car Lease SoCal - Telluride Hybrid or Palisade Hybrid Rates

Ask the Hackrs
1

My job provides a vehicle leased through our company as a perk - currently have a 24 Telluride EX that is due back next month so I’ve been looking for a new lease past few months.

Read up lots on here, reddit, etc and will probably go the route of a broker to make it more seamless (especially since I can’t do the credit app etc); wanted to make sure I’m not looking for an unachievable lease before I go to the owner with ballpark I’m looking at…

Last lease was about $615 a month and company put down $5k (~$3400 cap cost reduction) rest fees etc. 15k miles a year 36 month (I put less than 12k a year on current lease)

Would like to get into a 27 Telluride Hybrid SXP (or X Line SXP) or a 26 Palisade Hybrid Calligraphy. From looking around I’ve seen people getting into those in the mid 700s and a PND for the Calligraphy that is $589 zero down (only 7,500 miles but can be adjusted up). I didn’t see any signed deals for those cars recently on here though.

Any feedback on what a good target lease rate would be for those options so I can get the approval of owner before getting with a broker?

Located in SoCal (LA/OC area) - vehicle would be registered in LA county.

thanks!

2

There is at least one CA broker in the Marketplace who a Palisade in your desired trim listed. There might be other brokers who have similar listings, so I would start by looking in the Marketplace.

3

Thanks! Yes, saw a few brokers on there. Didn’t want to bother them until I was confident in what I was looking for; some want money upfront to provide anything. I’ll message a few of them

4

Quotes cost nothing. Feel free to reach out. Closed on Sundays but our team will be in tomorrow.

5

great, just sent you one - thanks!

6

Can you identify the broker who wanted something up front before issuing a quote?

The reason I ask, that isn’t customary on here outside of one or two brokers who identify that they charge for a quote if you do not reside within a certain geographical area of service. I haven’t seen any CA brokers mention this so it appears to be out of the ordinary.

7

It wasn’t one I saw on here; was a few I saw on r/leasehacker and the telluride/palisade subreddits

My fault for assuming many of them were that way; I’ll reach out to the CA ones on here and see what I can get going!

8

Thanks for the clarification!

Doesn’t seem to be much overlap between the brokers on r/Leasehacker and the ones who actually pay to be on the LeaseHackr forum and agree to abide by the terms the site administrators set.

The r/Leasehacker forum isn’t an official offshoot of the LeaseHackr forum if you were curious.

9

I found those "brokers " to be a bit shady. Approached a couple and 1st wanted $150 to just get started on a search and other $1k as their fee.

10

Yep, that sounds like it might be the one I saw hah

11

Coastal Motor Group got my deal done and signed yesterday and picked up the car!

Thanks for the replies all

12

Appreciate the biz Kyle! Enjoy your new car in great health.