First Lease Deal help appreciated for 2020 Tucson SEL

Comments

• Michaell Moderator Posts: 240,979

  February 2020

  caraslan said:

  Hi, so I leased a car on my own for the very first time since I graduated college. I've been researching a decent amount and I think I got a good deal, but I'm not too sure so here I am.
  2020 Tucson SEL
  Engine: 2.4L I-4 cyl
  MSRP: 27300
  Final price after discounts: 24500
  
  Down Payment: $0
  Monthly payment: 295.10 (fee's+taxes included)
  Months/Miles: 36/10
  Money Factor: 0.001330
  Residual: 57% (I think that's what they said)
  End Term Buyout: 15500
  Zip code: 90703
  
  I didn't get any wear and tear coverage or gap insurance and I didn't pay the disposition fees. All taxes and fees for licensing, dealer documents fee, etc were calculated into the monthly payment. Did I get a good deal?

  Looks like you did just fine.
  
  Congrats, and enjoy the new car!

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  2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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• caraslan Member Posts: 2

  February 2020

  Michaell said:

  caraslan said:

  Hi, so I leased a car on my own for the very first time since I graduated college. I've been researching a decent amount and I think I got a good deal, but I'm not too sure so here I am.
  2020 Tucson SEL
  Engine: 2.4L I-4 cyl
  MSRP: 27300
  Final price after discounts: 24500
  
  Down Payment: $0
  Monthly payment: 295.10 (fee's+taxes included)
  Months/Miles: 36/10
  Money Factor: 0.001330
  Residual: 57% (I think that's what they said)
  End Term Buyout: 15500
  Zip code: 90703
  
  I didn't get any wear and tear coverage or gap insurance and I didn't pay the disposition fees. All taxes and fees for licensing, dealer documents fee, etc were calculated into the monthly payment. Did I get a good deal?

  Looks like you did just fine.
  
  Congrats, and enjoy the new car!

  Thank you! How would you rate this out of 10? I'm always looking to learn more and would appreciate your honest opinions and tips.

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• kyfdx Moderator Posts: 236,720

  February 2020

  caraslan said:

  Michaell said:

  caraslan said:

  Hi, so I leased a car on my own for the very first time since I graduated college. I've been researching a decent amount and I think I got a good deal, but I'm not too sure so here I am.
  2020 Tucson SEL
  Engine: 2.4L I-4 cyl
  MSRP: 27300
  Final price after discounts: 24500
  
  Down Payment: $0
  Monthly payment: 295.10 (fee's+taxes included)
  Months/Miles: 36/10
  Money Factor: 0.001330
  Residual: 57% (I think that's what they said)
  End Term Buyout: 15500
  Zip code: 90703
  
  I didn't get any wear and tear coverage or gap insurance and I didn't pay the disposition fees. All taxes and fees for licensing, dealer documents fee, etc were calculated into the monthly payment. Did I get a good deal?

  Looks like you did just fine.
  
  Congrats, and enjoy the new car!

  Thank you! How would you rate this out of 10? I'm always looking to learn more and would appreciate your honest opinions and tips.

  We don't rate deals.
  
  But... HMF leases all include GAP insurance at no extra charge.
  Disposition fees are paid at lease end.

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  0