Signed a Hyundai Ioniq 
5 Sel for $1350 one pay deal for 13 months. Msrp $49970.
After seeing the 13 month deals in the marketplace, i reached out to local dealers simply asking for a match. One of them agreed quickly . Super easy process , loved the car and happy to finally getting some of my tax dollars back 
Haha now wait for all those e-mails āto share the dealer infoā 
great job though save $600 on broker fees
great post, weave sutra
Wondering how does CA registration work for 13 month?
Return before the second year registration due.
You could also use the PNO and ask for a One day permit to operate the vehicle for that single day to return to dealer 
Just remember that PNO can not be parked or driven on street or public parkings etc,
Single day? You mean whole month
Glad to see dealers doing the deal!
Is this a CA only thing, i assume?
Or post deal sheet except black out all the dealer info and personal info
Can you share the contract by any chance? Been wondering how the incentives is taxed. Apparently tax on the whole $15,500 alone would be close to $1,300 so I wonder if only portion of it was taxed on
I reached out to 4 dealers in OC, no dice, one said there was an issue with the program and some deals were not going to be funded. Not sure if that was just some BS sales tactic though.
Congrats on the deal. 10k or 12k miles? Post tax?
If he is following the ādealsā ,itās a 10k post tax 13 month.
I wonder what the calculator looks like on this.
Any chance Hyundai may allow an extension?
Donāt forget DMV, acq fee and $85 dealer fee. Not much meat on a bone, lol.
Donāt think you can return a car thatās not currently registered, at least not with any brands Iāve leased from before (which didnāt include Hyundai)
PNO in CA allows you to request a permit to move the car for one dayā¦ so driving it to return the lease will fall under the ONE DAY permit.
It is still registered just a PNO-to simplify, just return before the 12th month ends or try and extend the leaseā¦ I have a feeling they may allow but monthly would be based on an amount before all incentives etc Will find out as we go along the next 8-10 months I guess
Well, the question is whether Hyundai will accept PNO as a registration equivalent for return purposes. Alternative is to ground at the end of 12 months as you said.
Well thatās precisely what I was wondering. The room left for depreciation, tax and rent charge is like $600. If the whole $15,500 is taxed (less the fees) at 7.5% it would be ~$1,000ish in tax alone. Whatās the number of the Tax on Cap Reduction in your contract if you donāt mind sharing?