Sister’s 2018 X1 unicorn lease that we leased for $250/mo 0 DAS came to an end last month. Wasn’t in a hurry to get her into a new car but she needed one in the next couple months and I didn’t see the market getting much better between now and June/July. Dealer wouldn’t budge off the $349 dealer add on 3M crap but was 1.3k bigger discount than anywhere else.
She wanted something ~$250/mo, I knew anything I found her was going to be a disappointment compared to a bmw x1 but thought I did well in today’s climate for a 2020 Sonata SEL with convenience package. Parents are impressed with how many options come on a mainstream brand. About as loaded as it comes for a car under 30k, pano sunroof, etc.
Year, Make, Model, and Trim: 2020 Sonata SEL /w convenience package
MSRP: $29225
Selling Price:25995
Monthly Payment: $235 + tax ($257 after LA taxes)
Drive-Off Amount: $0
Months:36
Annual Mileage:10k
MF:.00087
Residual:59%
Incentives:$3650 ($3250 lease cash + $400 college)
Region: SOCAL
Leasehackr Score: 10.7
Leasehackr Calculator Link: