Hello, I am currently trying to lease the 2024 Ioniq 5 SEL at Ohio.
I have got MF and RF for my state from edmond.
I was expecting around 380-400 per month, DAS 0.
However, one of the quote I got seems like very messed.
Could you guys help me why Capitalized Cost Reduction so high and also the Rent charge?
mllcb42
November 23, 2024, 3:54am
2
The mf used is .00180. What was buy rate?
The cap cost reduction is so high because of the incentives being applied to cap cost reduction
The MF I got from edmund was .00139
Should the incentives being applied not to cap cost reduction?
Sorry for dumb question.
With the research on signed deals and all, I initally aimed for 300 or less, but realized if it is not applicable to OH. Should I still aim to make it lower as 250-300?
This is my first time trying lease and thank you for any advices!
mllcb42
November 23, 2024, 4:25am
6
Some will go to cover fees, but most will go to cap cost reduction. That is fine and to be expected.