Payment relative to MSRP is a really bad metric for Hyundai and Kia considering they are two of the few that donāt inflate sticker prices.
A Tahoe or Yukon would be $60-$70k+ at Chevy or GMC, let alone one of the German brands.
A $700 Tahoe wouldnāt be close to fully loaded, and while that might score better on % of MSRP, I donāt see how that would be a better deal.
This is true, that however just give more ammunition to the fact that this and the Telluride are better owned than leased due to the captiveās program as well as the poor discount situation currently afoot.
Entirely possible, but, if the OP wanted to lease, itās one thing to say that they got ripped off relative to other Palisades of the same trim and annual mileage, another thing to say itās better to look at a competing model b/c the monthly might be less (both in an absolute and relative sense) or just to buy the car outright.
Not saying that you were declaring the latter, but some people on the thread are (unjustifiably, IMHO).
Iām saying that due to H/K actually reasonably pricing these (Damnit, that hurt to say), they just donāt lease well and like most of their products are better purchased than leased.
Iām nostalgic though and still have 15 questions and want 15 percent off.
Based on what? You donāt know what the future resale value is.
The dealer discount is the same either way⦠and although I havenāt looked into it, thereās really no reason for the OEM to offer huge purchase incentives
This is exactly what I kept running into at every dealer I contacted. I used TrueCar and I also contacted about 15 different dealerships within 100 miles. No luck with any as far as getting any significant discounts. They all said thereās no reason to be that aggressive when these are selling themselves before they even land at the lots. They canāt keep them more than a few days and that goes for the Kia as well. Maybe if they had listed them at 10K more expensive and offered 8k discounts people would feel differently. But IMHO these are well worth the price and then some. Nothing comes close to the value that these offer and the people getting them now are ok with that. If someone wants to wait till they are discounted then thatās great too. I wouldnāt judge either way. Pretty sure both will be happy with their purchase.
Makes me wonder though: It seems they learned their lesson from the short spat of cheap leases that was available on Genesis cars.
Why are some people surprised by supply and demand?
LOL Thatās hilarious!!
Congratulations!! That SUV is literally flying off the shelf. Very hard to get
Interesting. Iām seeing these advertised in OH/PA for around $2k under MSRP. Hereās one:
https://www.moonhyundai.com/new/Hyundai/2020-Hyundai-Palisade-720e50920a0e0a174e23c4e85a274ca6.htm
I found a few places advertising between 2 and 3k off msrp only to contact them and find out that this is the price āafter all incentives were appliedā. According to one dealership theyāre allowed to advertise this way. But when you call them out on it they just ask which do you qualify for. Here Iāll give another⦠Bay Ridge Hyundai in Brooklyn, NY.
Thank you sir. Iām very happy with it. So happy I havenāt touched my C7 Grand Sport since I got it. And thatās only got 4k miles
Right now none of the dealers in my area are overstocked. Manufacturer is slowly rolling these out to dealers to keep the demand high. My Q50 lease is up soon and my wife really wants one of these. Test drove one and it was a pretty legit ride. Thinking about purchasing and making my wife drive it till the wheels fall off.
As for me, Iāve been having trouble finding a model thatās leasing well. Infiniti residuals have become such sh!t over the last couple years, I just canāt stay with the brand anymoreā¦