@acadapter, thanks for getting this conversation started, confirming the math and helping others to get the same.Very interesting discussion here about leasing an Ioniq 5 and getting the $7500 price reduction. I've spoken to a few dealers in my area and while most know about this, I'm frustrated finding someone who understands how it works. It seems I know as much as they do, and I'm still confused.
I did get this lease offer sheet and it at least only includes one add-on for $599, which is mostly eliminated with a $500 discount.
Does this look like a good offer? Is there a way from this to figure out what an early buy back from the lease would cost? Any suggestion on how long I should pay the lease before buying back? I plan to pay cash on a buy back. Thanks!
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And, thanks @PineNut for posting this sheet. I’m in Colorado too and I think I am at the same point in getting my head around this. Your deal looks exactly like the information I’ve received. One dealer had IR Tint put on for $1295 and the clear bra for $699. They won’t take them off after they’ve been installed.
So, I’m going to try to negotiate the ACC down and make sure that $7,500 is taken off of their price. I’ve heard from one dealer that I can only buyout after 3 months, so I’ll have to call them out on that or just initiate buyout with HMF sooner anyways.
Do you know if we will have to pay taxes at buyout as well?