Is it a good time to get a lease? NO! When will it get better? Nobody knows

[aronchi]

yeah check my sheet

[Zenek]

I see 2020 Hyundai Kona EV limited ( $43k msrp) for $199/m and Ultimate ( $47k msrp) for $259/m. NY registration.

[Mike_Ezginder]

@TheBigTuna

Used car market will prob normalize by end of summer/early fall.

Sell those leases now while you can !

Sell existing leases and bike to the grocery store ? Most people don’t have a spare car sitting around .

[fresar0]

Kinda misleading price, if you enroll everything it’s over $300 a month

[Falcon01]

Don’t apologize! I wasn’t talking about your quote per say. I know they axed loyalty which is $1500 right there. I was also told that incentives are worse.

[trism]

It would be great if requests to review deals posted in Ask… had a poll like this by default:

Is this deal shit or garbage?

• Shit
• Garbage

[MALI]

Hi Folks,

I have been in the market looking to lease an E350 or an M530. But wherever I go all I hear is “Low Inventory” or “Chips Shortage” or " Grab the deal that you are getting or the prices will increase"…etc.

Is it really this bad? what would be a good time to lease?

[M3-Fast]

@MALI

M530.

what is this?

[max_g]

@MALI

Is it really this bad? what would be a good time to lease?

Yes, it’s really bad.
Nobody knows when it will get better.
@MALI

[Ursus]

You can read here, among other places:

Shortages Affecting Auto Production: Semiconductor, foam, etc

Also https://www.msn.com/en-us/money/companies/chip-shortage-hits-global-automakers/ar-BB1cA1Du A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars. Mercedes-Benz maker Daimler joined its German peer Volkswagen AG in announcing it’s affected by the industrywide supply bottleneck, without quantifying the impact. Honda said it …

[brunot99]

I read an article about the chip shortage and the person in the article said the soonest things could start to get better was the third quarter.

[NickSMU17]

SO what’s the play if you have to get a car right now? Used market crazy expensive as well…

[mllcb42]

See if you can find a decent lease transfer to take over or order a Wrangler 4xE

[MALI]

530i M Sport Package

[Juggleben78]

Hello, everybody,

I’m currently considering starting a lease but it looks like it’s not a good time. For example, I was looking into a 2021 Accord hybrid EX-L back in February and looking at the numbers now, it’s $90/month more

I called one of the brokers present on this forum and he told me it was the worst time he’s ever seen to start a lease…damn!

So I guess I got my answer but, what do you gifs think?

And how much longer do you think I should wait?

Thank you

[jeisensc]

@Juggleben78

I called one of the brokers present on this forum and he told me it was the worst time he’s ever seen to start a lease

@Juggleben78

And how much longer do you think I should wait?

Do you need a car or want a car?

[mllcb42]

[Juggleben78]

I can wait

[TypeSH]

@Juggleben78

I called one of the brokers present on this forum and he told me it was the worst time he’s ever seen to start a lease…damn!

I was just telling a friend the other day that this is worst (from shoppers perspective) car buying market since AT LEAST back before when 0% APR offers popularized in the post 9/11 era (‘keep America rolling’, etc).

I would only buy/lease a new car now if I absolutely had to or the massive equity in my existing car was burning such a hole in my pocket that I couldn’t even feel the pain of the new car overcharge.

[buckeye92]

This is my issue. The deals are terrible right now but I am getting offers for ABOVE MSRP on my 2019 4Runner (almost $10k in equity). I worry if I don’t dump it now that I’ll lose most of that when the market corrects.