Hyundai, Kia, and BMW are legit GIVING AWAY their EVs on Lease
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- เผยแพร่เมื่อ 27 พ.ค. 2024
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Are you considering an electric vehicle lease? In this video, we dive deep into why brands like Hyundai, Kia, and BMW seem to be practically giving away their EVs on lease deals. We break down the unbelievable $0 down lease offers, particularly for models like the Kia EV6, Hyundai Ioniq 5, and more. If you're eyeing luxury electric cars, you'll be amazed by the deals on the Porsche Taycan as well!
We explore significant lease cash offers, rock-bottom interest rates, and dealer discounts that make these deals possible. Find out how you can benefit from these promotional offers, especially if you're considering a lease to buy. We calculate real-time examples using online tools like AutoCompanion and discuss whether the projected residual values hold up in the current market. Moreover, we delve into the specifics of leasing vs. buying and provide a strategic outlook if you're planning to purchase your EV after the lease term.
Stay tuned as we predict the future trends in the EV market and share some fantastic resources and cheat sheets that can help you make the most informed decisions. Trust us; you don't want to miss out on this comprehensive guide to securing the best EV lease deals available today!
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Video Tags
hyundai ev lease deals, kia ev6 leasing, 0 down ev leases, bmw ix lease specials, porsche taycan lease offers, cheap luxury ev leases, ev leasing tips, ev lease to buy options, leasehackr deals, autocompanion lease calculator, buy vs lease ev, hyundai ioniq 5 lease, best ev lease 2023, affordable electric vehicle leases, electric car leasing benefits, low interest ev leases, lease cash offers, ev residual values, sub $300 ev leases, luxury electric cars
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#hyundaiev #kiaev6 #porscheleasendeals #evleasing #leaseorbuy #bmwixlease #ioniq5 #taycanlease #evleaseoffers #luxuryevs #electicvehicles #autocompanion #carleasingtips #leasehackr #bestevdeals #leaseaguide #cheapcarlease #electriccars2023 #leasevsbuy #sustainablecars - ยานยนต์และพาหนะ
All car dealerships are begging people to take cars out on lease, since it’s the dumbest thing a buyer can do.
Nah, just roll the mileage back before turning it in. Lease at lowest mileage allowance. You’re welcome. (Just make sure you don’t log miles when getting oil changes, service etc)
I used to be a bmw salesperson. They automatically take 10% off, 8500 cash rebate on i4 lease and 10k cash rebate on iX lease in March 2024 which may have changed. The cars are good as long as you have the 2 years free charging through electrify america.
Edit: I want to clarify the 10% discount is before state/federal cash rebates (rebates are put towards the down payment, not reimbursed through your taxes).
Edit 2: the rebates are non negotiable and are good for both the dealership and the buyer because it comes out of neither of their pockets. It's paid by the government.
It's been a week with my new KIA Niro EV!! As it's the top trim -- Wave -- loaded to the gills (which I didn't pay for), my 36-month 10K miles/year lease is LESS than what my 2022 Hyundai Kona lease payments were. Very happy so far and as the EV was sitting in the showroom for 8 months, I got an INCREDIBLE deal! Yes, it's about $350/month, but that's for the top trim AND KIA dealer took my Kona and I won't have to pay disposition or any doc fees to end the lease early (5 months left on my Kona lease). Yes, the dealership added on "dealer markup" and Nitrogen air in the tires, but took all the dealer add-on crap (floor mats, mud guards, VIN etching, etc.) OFF the final Capitalized Cost. And I verified this before signing the lease contract!!!
In Quebec, we're not that lucky, it's around $685 a month for the cheapest EV6.
Just got a toyota bz4x for $200 a month with $200 down all fees included. 36m/10k miles a year.
Gross stay away from electrify America
I wish my dad would’ve waited. I knew these cheap leases were coming on the BZ4X. He leased his 2023 BZ4X XLE for $850 a month with $7,500 down when it first debuted about 15 months ago.
Lol
By far one of the worst EVs made lol. Better off with a used Tesla imo
@@quaidmciver172DAMN! Got em!
Thanks, it is interesting for sure. The BZ4E leases in NY metro are nuts. I may swap my streaming services for one. One point though, looking at ;ease payment value versus MSRP isn't totally fair beacsue it presume the $53K vehicle is worth anything close to that amount, which in the vast majority of cases it is isn't. Defnitely some optiosn though, I did this with a Volt about 12 years ago.
Excellent advice
Where can you get pre negotiations deals
I passed Hyundai’s brand new $5billion EV and battery plant just outside Savannah, GA today. The future of the automobile could not be more clear!
I just saw it Mother's Day weekend on the way to Savannah also!
That place is freaking huge my wife and I were in complete awe!
I think giving away may be a strong word in the case of BMW, but I just leased a i4 m50 last Tuesday, and there was certainly a lot of money on the table. My deal was:
36/12,000
MSRP: $75,650
MF: .00220 (marked up from a base rate of .00190. They tried to mark it up to .00240, but relented when I started packing my bag to leave. Still, I'm pissed as that markup was worth like $1300)
Cash down: $5000
BMW EV lease cash: $7500
Dealer Discount: 10% off MSRP, in my case about $7500
Payment $740
My state only taxes .8% on car sales, but the registration for EV's is very, very expensive to compensate for the lack of gas tax revenue. That payment seems high, but to finance it would have resulted in a payment in the $1300 range. Also, that is a fully loaded version of the i4. The most affordable i4's have an MSRP around 54k, and with the same discounts, you'd be looking at a very very attractive lease. I just felt like spoiling myself.
What was the residual?
@@chriso5842 54%
Credit score?
I called few dealers near me for the $199 deal on Kona EV sel. None of them gave me a quote near the advertised price. Most of them are around 2x (yes 2 times) higher than the advertised fee and blamed fees. I know there are fees and tax, but it can't double the cost of the lease. Seems like bait and switch ads to me.
In Canada it’s completely different. Things are not that bad for cars lots of people are buying and leasing
We replaced our car we drive about 6000 miles a year (work and back) with a Lexus EV. $0 down and $400 a month 10k miles 27 months. With our trade-in, we got a check for $8500.
Oooooo I like that which model?
great blog.. leased EV9 instead of buying or financing so I can have the 7500 +2k plus dealership discount and military discount of $500=total 10k more discount after 2 weeks bought the car so I won’t pay any interest, comes with 10 yrs warranty and purchase extra warranty so its covered. No gas no maintenance. Loving the performance we have Tesla for a yr and saved a lot on gas
thanks for this testimonial. Which trim level of the EV9 did you purchase and is your monthly note less than $750?
Then comes insurance. And the monthly payment shoots up.
Not really. I got a F150 Lightning and insurance only went up $100 a month. Not bad.
I leased a lucid and it’s crazy cheap. Once all these leases are up, the market is going to be flooded with used ev and it’ll sell for less than the residual
Anything in Ontario, Canada?
Got a BZ4X 24 month 24000 mile one pay lease for $3850 on a 2024
Where
Great content! I'm interested in a Porsche Taycan Turbo S or BMW M8 competition. Is there any good lease deals on those?
I wish I could get one I live in Los Angles but no buildings have charging spots!!!
Any thoughts on GM’s EV’s; Blazer, Silverado or Hummer?
Is it only for US or you can expext the same deals in Canada?
As someone recently shopping for an EV in Canada, this absolutely does not apply here. It seems the market is very very different here for EVs.
I just did lease to buy a 2024 Lexus RX450+L Plug in hybrid, saved over $12,000 via the lease route.
Can you tell me what you negotiated. I am looking at which route to go this weekend.
Following cuz I’m interested in that car as well
Plug in hybrids are better
That’s so crazy…you be crazy, it’s CRazy
Damn bro this info is incredibly useful. I'm in the market for a new EV but on the fence w leasing vs buying (Tesla vs other). If there's one thing I hate about cars it's the buying/negotiating phase. I'd rather get a root canal. Why can't dealers just give you a fair deal and stop trying to squeeze the last piece of shit hanging on your ass. Earned a sub! Btw I'm in 02478...
Because there are enough people willing to spend hours negotiating. Therefore, they have to increase the price on everyone not willing to put in the same time and effort.
It's like that with just about anything.
What about everything else you buy on the regular where they make profit on u…you wouldn’t want to own a business and make no money would? Sell everything at cost???
They made buying this cars dang near impossible price tag is so high
Question on financing a 2024 Ford Mach E GT. I missed the boat on the 0% APR on the 2023 models, but word is the 2024 models will have 0.9% financing for 60 or 1.9% 72 months. Normally I don’t want to go past 48 months but those are some great rates in today’s climate.
Got a q4 etron 50 470 a month after taxes 1400 down
I would never lease but thanks for sharing.
It makes sense in many situations. Same as how you can come out ahead renting instead of buying. Do the math for your situation. Only the sith deal in absolutes.
Here's a tip that the rich people know. You buy what appreciates in value. You lease what depreciates in value.
Is your house worth more since you bought it? Is your car worth more than when you bought that? 😉
Who drives 12K miles a year that commutes long distance to work 5 days a week? Not where I live. My last lease was $16,500 a year, that was even cutting it close.
If I have a car that’s paid off should I sell it first or trade it in on a lease. Car is worth $17k. Is it a bad idea to use all that money for a lease down payment?
Never put money down on a lease. If you total the car you’re out all that money
Can you provide details on the 4xE lease?
you can get base models of any car for around 300 bucks....
Yeah, but they won:t be an ev
you think they will do the same for the Ioniq 5 N?
Dealers in my city are marking them up 10k. I'd wait a year. They'll be selling them way under MSRP then.
You meant to use the less than symbol < at 1:42 since .91% < 1%.
Called about ending my BMW i3 4 months left and the sale guy said sure…give us 5K and we’ll get you a $499 payment😳 I leased this i3 with just a check for the first months rent and the payment is around 525. No payment on an i4 35??? 650…F that. NOT when Tesla is giving their cars away.
What do you mean Tesla is giving their cars away?
Yes, what do you mean
@@alexmack956 maybe he is referring to the current 0.99 model Y offer which is appealing but I would say is very far from giving them away
@@tyyamnitz8408 Just a common expression and in this case exaggeration I’m afraid. The point being a BMW i4 base model lease is WAY more expensive per month than a Tesla. Tesla is VERY responsive to market demands on price and dealers cannot compete.
I went to dealer for ioniq 5 sel and price $450/month including tax and fee with zero payment for 2 years. So dont dream a cheap car. Deals are just looking good since these ev cars are super overpriced.
Did you get get it ? Do you think 450 is good ?
@@groovestreet77 $450 per month was a tesla model y lease price so I returned the offer.
No they aren’t. I’ve been shopping all over Vegas. No deals. Maybe in California.
Most deals are in the northeast. NJ is a hot bed for a good EV deal. Especially when shopping out of state, no sales tax on EVs for NJ.
Same I’m in Vegas let me know if you find a deal
They are just passing down the federal and possibly tax benefits, You can get that on a Tesla too and have a car with an unmatched supercharger network.
So even ELON fired all Tesla SUPER CHARGER TEAM, what if .....USA Gov is Not going to give EV charging station Tax money anymore,,,so all Supercharging network gonna be SHUT DOWN and that's why all EV is at $200~$300 monthly lease with 0$ down???
I lease my ev and happy have other gas cars too
I need deals but on NON EVs
@negotiation guides but are they giving you this 10k on a 618 credit score? Or do you have to have the perfect everything to get these deals?
No you have to pay 10k extra for the gettle advantage
What's your definition of perfect?
A perfect credit score for a car loan (as well as credit cards and a mortgage credit score) is I think 850. I cracked 800 with a credit card score a couple times. Never on a car credit score (FICO 8 and 9) with my highest being generally around 780 and my average hovering between 750 and 770. My mortgage credit score is like 740 I think. I've never missed payments on any of those, and I pay the balance on my credit cards every month (no carryover, no interest ever paid).
For those types of rates, it's possible with maybe 720 credit score, but almost guaranteed with 740 or above.
I always tell people if you have less than 700 credit score (and you're not a Dave Ramsay type), then you need to focus on credit rebuild. Understand what your score is and why it's that way. There are some free sources available (Experian, for example) that will show you an overview of what you currently have and what's showing as negative on your scoring. Start paying off or catching up on your debts, then review again in a few months. About 10 years ago my credit score was about 580. I had a lot of delinquent student loan debt. I started with income adjusted payments and such and began my credit score clean up process. Within about 10 to 12 months I was at 680. About 4 months after that I was in lower 720's (for credit card score. I never actually had a car loan since my credit was not great until *MUCH* later, about 5 years later). If you have poor credit, I never advise anyone to get a loan on a car because the interest rate is so high. Start with rebuilding your credit if that's what you want to do and if you're truly diligent, you can maybe hit 700 by the end of the year depending upon what your circumstances are.
It appears that Toyota had a good lease on the 4 Runner but ends tonight, do you think it was a good deal?
Nah, new model about to drop
@@Freerider93 Most people want the old model.
@@Moondoggy1941 have you seen the pics?
@@Freerider93 Yes it is a good looking vehicle but I would rather have the 6 cylinder motor.
Throw in an allison diesel genset on a trailer ... and I'm in.
I was looking at a Taycan but only 200 mile range? Rather get the Benz ev that you can purchase the one with 600 miles on a charge
Don’t worry so much about the range. That car charges so fast it won’t matter. The new taycans have about 300-400 mile range, so they say.
So what are the 5 cheapest ev’s to get right now, from a lease/monthly perspective?
Cheapest EV with over 250mile ranges is likely the Tesla Model 3 WITH 7500$ ev credit(it gets applied at sale if you qualify) which would make the OTD about 33k.
Then you'd have to register the vehicle(and pay taxes for your state if you got it) and here in TX it's 6.25% of purchase price which for a 33k vehicle is $2062.50 when you go to register it.
If you want the absolutely cheapest EV on the market it's hands down the Nissan Leaf which can be had for under 30k OTD(which is tax+title+licensing+dealer fees).
But the Leaf is only good for someone who primarily does city driving/commute less than 20 miles a day. Max on full charge new is like 150milesm
@@vizzle89 thank you 👍
The lease could be $100 a month, and I still wouldn't want an EV.
91,000 SUV discounted 10% wow what a deal.... sorry Model X or cybertruck is the reason. Find out why. Do a test drive and look at all factors such as charge network that takes the range anxiety away.
Can you help me get a Taycan?
Insurance ain’t cheap tho
Acura will be giving away the new crossover EV by Thanksgiving lol
2:35 autocompanion doesn’t autofill in the calculator like it does for you. You need to enter in money factor residual etc which just isn’t helpful at all.
I think you’re doing something wrong …
@@negotiationguides you’re right, I see it now - you need to click “get rebates” and it populates, but it’s still super confusing and doesn’t seem correct. I’m getting monthly payment results all over the map. The click boxes to select the rebates are also confusing - how do I know which rebate is being applied by a particular dealer? Seems like it can help +/- 40% but that’s certainly not very accurate
It's all bull! I tried buying one, but none were available, and the only one available had delivery fees and every other fee imaginable, taxes, plus deceptive down payments...
I wonder how much the insurance cost for EV’s
100 a month for my ionic 6 😂
$110 per month on my 2023 Mercedes EQS 450+ which I lease but sticker new was 108k.....a gas MB S class costs a bit more
Adding an EV is much less than adding my teenagers.
@@foxtrotwolf6081lol
@@foxtrotwolf6081I feel you, bro 💸
Dang if I only needed a new car.....
So is the goal lease to buy? What about the $300/month Tesla lease deal where you're not allowed to buy it at the end?
When the vehicle doesnt lose value, this is what happens.
EVs are the most depreciating cars out there
@@youtoobe169 Depends on the model. Leaf, sure. Hyundai? Not so much. A two year old used Ioniq 5 near me has only lost 20% value, which is half of the average price loss of 40%
If you have a stable job and house..get a EV...if not run from them, doing Uber in them sucks azz
Thaks but no thanks
So, clearly, Hyundai, Kia, BMW, and others are having a demand problem and turning to leases to move the metal now, they've been offering crazy discounts, and now this, so, what happens to the value of an EV that doesn't have any real demand when new, comes back as a certified used EV, what will be the value then? Luxury EV models are especially bad, ICE luxury models already depreciate at a faster rate than volume ICE models, so, it's a given, that luxury EV models would depreciate faster
Fair points. Would you want to purchase a 5-6 year old used EV car that has a limited lifespan on its battery? Battery performance is undoubtedly going to wane over time and battery replacement costs are huge. Residual value and trade in value on these things will be awful. If you absolutely have to have one, leasing would be the only way I would do it. Just saw another TH-camr discussing how the Taycan is piling up at Porsche dealerships around the world. Loses at least 30% of its value the second you drive it off the lot. They can't give them away. I almost feel bad for all the climate cultists and virtue signalers that bought into this BS 3-4 years ago. These things are glorified golf carts.
Is there a metric factoring in time spent charging away from home? > of course ev's must fit the mission...not easy for apartment dwellers, etc unless have charging option at work, etc.
Also...high density residences are beginning to impose parking restrictions due to increasing ev fires... taking out adjacent cars & structures.
Several factors to consider when looking at ev's ...for me it's mainly having to plan way more so vs driving ice cars...& the environmental benefit is minimal at best ...some say ev's actually worse for the environment from beg stage production to end stage scrap/recycling > & regardless, Earth is cycling through a Maunder Solar Minimum & projected to be doing so well into the 2040's.... Gore should hand back his Academy & Nobel.... especially being Florida isn't under water yet.
EV's a fast pass (pun intended) here even if giving them away😜
Weirsly enough the Kias and Hyundais are the only ly cars worth leasing at the moment.
Got my Ionic 6 SEL for $350 a month, no money down 😂 crazy deals rn!!
how many years and how many miles a month
For the advertised deal, 12k miles per year for 2 yrs
Rotting bananas ... accounting problem. Sell it or smell it.
No one should buy a new EV outright. It’s insane with the depreciation involved. Enjoy it for 3 years and turn it back in.
That’s harsh 😂
I agree, never buy ev but lease it n return
@@amjads8971 and if you do actually want to own one outright you definitely buy one 2-4 years old with low miles and take advantage of the huge depreciation hit. Just make sure it’s got an awesome warranty that’s still good for a few years.
If something appreciates in value, own it. If something depreciates in value, lease it.
depends on how you use your EV and what you expect out of it, they are capable of well over 100k miles.
Will take all of them clickbait video hahaha
So... a ridiculously higher monthly note, way higher monthly insurance, limited travlel/vacation options, expensive tires, expensive and time consuming charging, and zero resale value due to a lease, in a vehicle that might catch my house on fire if any little thing goes wrong with the battery chambers, casings, leads, controls, and other electrical components, or if I happen to be in a minor fender bender.
Gee. I think I'll pass and just buy a new Mazda CX-5 for less than $30k that has no drawbacks.
funny how content creators have a template for intros and thumbnails. Forcibly enthusiastic, kind of lame but I get it.
End of lease you own zero
These cars are designed to break at 80k better off buying a used Corolla long term
Keep squeezing guys
I would not pay 10 bucks a month...it isnt worth driving unless the car has a manual transmission
Ok but how about the car insurance???? Doub it! Ill pass
Saw a dead ev9 on the road yesterday. Nope.
Too bad nobody wants to buy that 💩
Perfect that way you just lease it.
Especially the Toyota
@@rosmarin2438 What/which Toyota?
@@Moondoggy1941 that bz4x garbage
@@rosmarin2438 Okay thanks
EV’s are dead!
I wouldn’t take any EV if they were free
Same here.
Yeah. People really care. Please post more useless posts.
It isn't just EVs. Why the emphasis on EVs? Just clickbait.
This is addressed in the video. In addition, in many cases, people can't qualify for the $7500 federal tax credit due to the relatively low income limits (150k single filer, 300k joint filer). Leases do not have this income limit because they go through the financing company, not the customer. The tax credit massively reduces your costs.
People act like $250 a month is low lol. Man, how complacent are you?
250$ a month is like a free car
@@user-rw311 Lol, 10 years ago a normal monthly payment was $120 a month.
@@TheRealCatof not sure what cars you drove I graduated high school in 1989 and my cat payment has always been 500$ to 700$ a month. What a waste of money leasing has been
@@TheRealCatof No lol!
"In the fourth quarter of 2013, the average monthly payment for a new car loan was $471, and $352 for a used car loan. The average transaction price for a light vehicle in the US in October 2013 was $30,798"
@@TheRealCatof What planet are you living on?
EV's suck, period.
LMAO. Triggered!
What petrol u drive then if u do drive
And EV means
Saving the planet
Not how good the ev is u understand
I can't understand what you say, speak english.
@@robertregan2305 Considering that only 7% of global emissions are from personal vehicles, how is driving an EV going to have any impact on the planet?
@@Ricky-mo6mv Facts are painful for the climate cultists.
Only idiots want an Eevee
I would never recommend buying an EV at this point or at any point as these have the highest depreciation and of course the battery tech and overall changing rapidly. In my opinion of course.
That's exactly why I leased my NISSAN Ariya 36 mo. You do NOT pay for depreciation on leases and I got the $7,500 from the government plus 500 from being ex-GI plus 3,000 from the Nissan. This was back in December 2023. Love the Ariya especially after 3 yrs of Tesla 3!!!
@@hughn1 Not an EV fan, but you did it the right way. Use it, hand in the keys, and walk away. As long as you don't mind having a monthly payment of course.
Hyundai can you send me a Ioniq 5N?