I thought a good amount of research, so I’d love tips for next time.
I know the community prefers a lower DAS, but I actually wanted a lower monthly because I want to purchase another rental home in the next year or so, so I wanted a better DTI.
From what I know, the only thing I could do better was to order from SoCal or something, but some of the brokers required I travel to SoCal. I didn’t really want to do that. And this comment also gave me the perception that Bay Area isn’t like SoCal or the east coast: Hyundai Ioniq 5 and Ford Mach E in SF Bay Area? - #6 by Entropy
I don’t have a Hyundai, so I couldn’t have used loyalty. I don’t qualify for any CA rebates due to income limits.
I told my wife, we’re getting over charged by about 1.2k (I really wanted effective monthly of 500), but I’m fine with it for convenience.
Another example, this broker here has a deal: Socal Hyundai + Kia Lease and Purchase Deals (August). VERY low EV Leases ⚡ - #327 by Jeff_BeachCitiesAuto
Which so 2k DAS, $595 broker fee, for $385/monthly + tax. So I calculate this to be 2k+595+(385+38.5tax) * 23 = ~ 12,335.5 for 24m/10k miles. I’m at 13.1k for 12k miles, which is obviously not great, but “close enough”.
What would you recommend?