Reply to First Car - New Driver - EV Lease vs Finance

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[quote=Anonymous][quote=Anonymous]Hey everyone, so just getting my license (I am 31 but immigrant so don't have a US license and tbh haven't driven in years until now, driving where I am from is also significantly different than here).

Planning on getting an SUV (future proof for kids purposes) but am debating vs lease or finance.

Predominantly looking at EV SUVs, but as the tax incentive in 2024 is restrictive for purchase but not lease, as in lease all EVs seem eligible for the credit (and battery technology evolves over time), thinking of leasing an EV. Thinking given above in this scenario leasing may make more sense. Anyone have an input in this?

The cars I am considering are as follows: Ford Mach E, VW ID.4, Hyundai Ioniq5, Kia Ev6 (a little concerned with the Hyundai/Kia option due to all the thefts lately, sure these new ones have the immobilizer by the idiots trying to steal don't know that).

Thank you foe your input

[/quote]

The Ioniq 5 leases are really good right now. Last week Hyundai had them for $209 and $4 down(which included the first months payment) for 33 or 36 month. That’s like $11k for 36 months!
If you want a more car look at the Hyundai Genesis line up(built in Alabama so should q for $7,500 rebate). Maybe to buy these seem to hold their value with 2023 going in the low 40’s. [/quote]

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