If I've posted this in the wrong forum, please re-direct where I may do so.
Our lease on a 2019 Niro EV ends next month, and are seeking advice on how to proceed. It has 18,641 miles on it and ordinarily we would either extend the lease to weigh options or purchase the vehicle if doing so makes financial sense. However in the last two weeks the car suffered some damage to the right front fender after hitting a dislodged mud flap on Interstate 5. We have an open insurance claim, but have not had it repaired as yet.
I estimate the equity to be at least $3,000 over residual value based on offers from dealers in the last 6 months and some preliminary research with Kelley Blue Book.
This might be entirely without merit, but I'm thinking we can return the vehicle without repairing it, take the hit in the form of lowered equity value, and get in to a 2023 Niro EV. Is that possible?
If I've posted this in the wrong forum, please re-direct where I may do so.
Our lease on a 2019 Niro EV ends next month, and are seeking advice on how to proceed. It has 18,641 miles on it and ordinarily we would either extend the lease to weigh options or purchase the vehicle if doing so makes financial sense. However in the last two weeks the car suffered some damage to the right front fender after hitting a dislodged mud flap on Interstate 5. We have an open insurance claim, but have not had it repaired as yet.
I estimate the equity to be at least $3,000 over residual value based on offers from dealers in the last 6 months and some preliminary research with Kelley Blue Book.
This might be entirely without merit, but I'm thinking we can return the vehicle without repairing it, take the hit in the form of lowered equity value, and get in to a 2023 Niro EV. Is that possible?
You could, but then you'd never get your money back for the insurance claim, and you have no way of knowing the hit you'll be taking from the bank for returning the car damaged.
Is that including the $2,500 state incentive from Oregon that expires May 1st?
No, we don't have access to any state level incentives. The $5000 is from Kia Motors Finance
Thank you for your consummate help. Is there another forum where buyers have posted their actual purchase prices or completed lease deals? I'm running numbers in a spreadsheet and am wondering what dealers have been charging for the Corporate Activity Tax in lease deals...?
Is that including the $2,500 state incentive from Oregon that expires May 1st?
No, we don't have access to any state level incentives. The $5000 is from Kia Motors Finance
Thank you for your consummate help. Is there another forum where buyers have posted their actual purchase prices or completed lease deals? I'm running numbers in a spreadsheet and am wondering what dealers have been charging for the Corporate Activity Tax in lease deals...?
If there were any stories to be told, they would be here.
The gist of it is more manufacturers are jumping in on passing through the $7,500 lease incentives that can't be offered for buyers due to the new restrictions:
$5,644 on 22 Ford Escape PHEV $5,255 on 22/23 Kia Niro PHEV $7500 on 23 Kia Sorento PHEV $6,179 on 22/23 Mitsubishi Outlander PHEV $4,480 on 22 Toyota Prius Prime $6,689 on 22/23 Toyota RAV4 Prime
Also Mercedes Benz, Volvo, Polestar, BMW and Subaru...
Today in the course of pricing email traffic with a dealer I question what a $529 Added Equipment cost is for. He responds with:
"The $529 Blink charger is an accessory for electric and plug-in hybrid vehicles. It's a Level 2 home charging station that provides faster and more efficient charging compared to a standard wall outlet. This charger will help you get the most out of your electric vehicle by reducing charging time and maximizing the benefits of owning an eco-friendly car. Unfortunately we don’t have the option (to remove it), they are billed to everyone of our EVs from the manufacturer."
What a load of bunk. Has any one suffered the amateur-hour attempt at swindling this so obviously reeks of?
Comments
10k@24 months
10K@36months
Zip 97045
Thanks!
.00224 and 64%
$2300 lease cash
No 24 month term offered
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I please get the MF & RV for 2023 Niro EV Wave 12k 36 mo in 80906. And any lease cash? Thanks!!
$2300 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Our lease on a 2019 Niro EV ends next month, and are seeking advice on how to proceed. It has 18,641 miles on it and ordinarily we would either extend the lease to weigh options or purchase the vehicle if doing so makes financial sense. However in the last two weeks the car suffered some damage to the right front fender after hitting a dislodged mud flap on Interstate 5. We have an open insurance claim, but have not had it repaired as yet.
I estimate the equity to be at least $3,000 over residual value based on offers from dealers in the last 6 months and some preliminary research with Kelley Blue Book.
This might be entirely without merit, but I'm thinking we can return the vehicle without repairing it, take the hit in the form of lowered equity value, and get in to a 2023 Niro EV. Is that possible?
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What would you do in this situation?
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$5000 lease cash
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$5000 lease cash
Is that including the $2,500 state incentive from Oregon that expires May 1st?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
>https://forum.leasehackr.com/t/2023-ira-ev-phev-lease-credit-pass-through/445233
The gist of it is more manufacturers are jumping in on passing through the $7,500 lease incentives that can't be offered for buyers due to the new restrictions:
$5,644 on 22 Ford Escape PHEV
$5,255 on 22/23 Kia Niro PHEV
$7500 on 23 Kia Sorento PHEV
$6,179 on 22/23 Mitsubishi Outlander PHEV
$4,480 on 22 Toyota Prius Prime
$6,689 on 22/23 Toyota RAV4 Prime
Also Mercedes Benz, Volvo, Polestar, BMW and Subaru...
Please share the MF, RV and lease cash for a 2023 Wave trimline in 92557. 36 months @ 10K and 12k/year. Thanks so much.
.00323 MF and 66% residual
$5000 lease cash
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Wave - .00306 MF and 65% RV
$5000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
"The $529 Blink charger is an accessory for electric and plug-in hybrid vehicles. It's a Level 2 home charging station that provides faster and more efficient charging compared to a standard wall outlet. This charger will help you get the most out of your electric vehicle by reducing charging time and maximizing the benefits of owning an eco-friendly car. Unfortunately we don’t have the option (to remove it), they are billed to everyone of our EVs from the manufacturer."
What a load of bunk. Has any one suffered the amateur-hour attempt at swindling this so obviously reeks of?
.00310 MF and 68% residual
$5000 lease cash
No support for 24 months
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2023 Niro EV Wind + Wave
36/10 + 36/12
98155
Wave: .00306 MF and 65% residual
Wind: .00310 MF and 67% residual
$5000 lease cash
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Please restate your question, in its entirety.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2023 Kia Niro EV Wind
36/24 months, 10k milage, zip: 94566 ?
Thanks in advance...
36/10
.00310 MF and 68% RV
$5000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'd like the MF & RV 36/15 in 92011 for the Nero EV Wind
Thank you!
$5000 lease cash
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Could you please provide MF and residual for Plugin EX, 15k/36, zip 02332.
.00227 MF and 59% residual
No lease incentives
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Could you please provide the RV and MF and rebates/incentives for a 2023 Kia Niro EV Wind. I am looking for 36/10 for 19006. Thanks
$5000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
$5000 lease cash
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Kia USA website now says 7500 lease cash.
.00310 MF and 65% residual
$5000 lease cash
We don't show a 24 month term offered
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.00306 and 66%
$5000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5000 lease cash
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