No objections here! Kona is getting redesigned for 2024 but your math already accommodates high depreciation — if you’ll enjoy driving it for a year, go for it! Seems like it won’t cost you much over that term.
Be sure to compare buy out fees to lease rent for the duration you expect to keep it. Fees might come close to rent, making the immediate buy out unnecessary. Still, the deal looks good both ways to me.
Have you actually quantified the savings and the hassle?
LMAO, holding a car for longer than 6 months?? You realize you are in LH right?
Good luck with that. Dealers with 22 Kona Limited with 10k miles are asking less than $33k.
Well obviously I can’t quantify hassle, but I tried to quantify savings vs. fees by making myself a little Excel calculator. I compared Hyundai’s current MF from rate finder against a 3.99% loan from PFCU. It may well have errors and I was guessing at fees to some extent, but it looked to me like it could take close to a year for the lease rent vs. APR savings to accumulate and overtake the cost of the one-time fees.