Any GTAM'ers own an electric vehicle? | Page 434 | GTAMotorcycle.com

Any GTAM'ers own an electric vehicle?

Congrats @LBV I actually never considered leasing the car I'm looking for. Just simply been against leasing.

Although I may be able to trade in the GTI, lease the car (whichever I get) for a stupid low price, and then simply buy it out at the end....

Something to consider.

Although if I don't like it...I'm SOL on a trade-in credit afterwards. But you're a numbers guy so I'll defer to your thoughts on that.

EDIT:

Apparently this plan would be close to / cheaper than buying fuel right now on a 2024 Bolt EUV...assuming a 25k trade-in on the GTI. Which should be easily achievable.

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Congrats! Those have never been on my radar and I know very little about them, so I look forward to you sharing the ownership experience.
 
Thanks guys. I wanted a small'ish sedan (not a fan of a high seating position so the Mach E etc were out) and the Polstar is only 1" longer than the Volt believe it or not. It's got a hatchback too which I like.

It needs to be lowered in my eyes at least an inch and Eibach makes springs but unlikely I'd do that on a lease.

I have thought about the Chinese conection too but I really don't have any worries if they want to know how I drive - knock yourself out. You'll be bored after 1 minute lol.
 
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Should also point out that the Tesal 3 was the only other sedan I'd consider (Ioniq 6 is too big & weird) but the decontenting that Musk keeps doing (not to mention the quality issues) steered me clear of it.

Polestar is a Volvo underneath so I'm confident in it's build.
 
mimico_polak said:
Congrats @LBV I actually never considered leasing the car I'm looking for. Just simply been against leasing.

Although I may be able to trade in the GTI, lease the car (whichever I get) for a stupid low price, and then simply buy it out at the end....

Something to consider.

Although if I don't like it...I'm SOL on a trade-in credit afterwards. But you're a numbers guy so I'll defer to your thoughts on that.

EDIT:

Apparently this plan would be close to / cheaper than buying fuel right now on a 2024 Bolt EUV...assuming a 25k trade-in on the GTI. Which should be easily achievable.

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Be very very careful with a big down payment on a lease. It is easy to get hosed. You put down 25k so your monthly payments are $300 but if you get in a crash on day one, insurance pays out leasing company. You paid $25,300 to drive it for one day. Boo.
 
Regarding MP's lease option, it's never easy as so many factors to consider including salvage value at the end of the lease and what you think you can earn on the $ by investing it instead of committing the full amount to the car up front.

In Basic terms, if you think you can earn more than your lease rate, then you're better off (and many blue chips are offering 7%+ dividend yields at the moment like Enbridge). Text me though and we'll take that offline.
 
GreyGhost said:
Be very very careful with a big down payment on a lease. It is easy to get hosed. You put down 25k so your monthly payments are $300 but if you get in a crash on day one, insurance pays out leasing company. You paid $25,300 to drive it for one day. Boo.
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I didn't even want to put anything down as again, I want to invest that DP so $0 down on my lease.
 
mimico_polak said:
Hyundai also looks quite similar…

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Until you get to the back. :barf.

2023-Hyundai-Ioniq-6-rear-three-quarter-action-black.jpg
 
GreyGhost said:
Be very very careful with a big down payment on a lease. It is easy to get hosed. You put down 25k so your monthly payments are $300 but if you get in a crash on day one, insurance pays out leasing company. You paid $25,300 to drive it for one day. Boo.
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Full value replacement should protect from that.

Sent from the future
 
LBV said:
Regarding MP's lease option, it's never easy as so many factors to consider including salvage value at the end of the lease and what you think you can earn on the $ by investing it instead of committing the full amount to the car up front.

In Basic terms, if you think you can earn more than your lease rate, then you're better off (and many blue chips are offering 7%+ dividend yields at the moment like Enbridge). Text me though and we'll take that offline.
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Except once you take 50 percent income tax off the real return is much lower.

Sent from the future
 
I actually don't hate the back of that Hyundai. Eye of the beholder I guess, etc etc.

Personally I love the Ioniq 5 more though, and it'll be high on the list in the future when the prices come down in the used market.

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GreyGhost said:
The leasing company, not you. They own the car, they get the cheque for a replacement car. It would be nice if the leasing company gave you the replacement car but afaik, they aren't obligated to.
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I believe the lease gets paid out and you get the rest

Sent from the future
 
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