Lease purchase

[CKN]

Buy it and flip it over to Carava, CarMax or Vroom however gives you most. Good luck. Rare times you win on lease then purchase. Dealer is hoping you turn in so they can profit on it.

Explain acquisition of new/replacement vehicle please.......

 

[measureman]

Yea. And then walk to work!

Exactly.
I was more referring to the car itself.
I dont know how this car will hold up in the long run.
I realize in this market it's a steal.

 

[gregk24]

Yea-this is what brings everybody back to Earth..............otherwise all this "what is my car worth" on Carvana, Vroom, showmethevin, etc. is for entertainment purposes.

I could afford to pay MSRP but you have to be out of your mind to car shop right now.

We just bought a new Jetta a few months ago, as did another family member. Not the deal of a lifetime but there was some room for negotiation. That was switch shortages.

 

[measureman]

We have decided to buy this car.
Now a loan question.
I was sent a letter from a lease end company (not Hyundai)about getting a loan.
The person said they have a $395 loan origination fee.
Do they all have this fee?
I'm going to talk to my Hyundai dealer tomorrow to see what they offer.

 

[dishdude]

We have decided to buy this car.
Now a loan question.
I was sent a letter from a lease end company (not Hyundai)about getting a loan.
The person said they have a $395 loan origination fee.
Do they all have this fee?
I'm going to talk to my Hyundai dealer tomorrow to see what they offer.

Are you a member of a credit union? I've never heard of a loan origination fee on a car loan...

If you're not, try Lending Tree, you can do it all online.

 

[measureman]

I'm going to finance with the Hyundai dealer I bought it from.
No loan fees and a rate in the mid 3 %

 

[measureman]

Got the deal done.
Rolled the last 2 lease payments into the loan and it came to a bit over $10K with tax.
Checked on line and dealers are willing to pay around $15K for the car.
This is a 2018 Elantra GT with just under 15K miles, now heres the fun part it had 3K miles on it when leased.
So my wife put about 12K miles on it in 2 years and 10 months.