Last post on May 17, 2013 at 8:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Santa Fe, Car Leasing, SUV
#105 of 159 2012 Lease vs 2011 buy question
Nov 05, 2011 (7:50 pm)
Looking at a 2012 Hyundai Santa Fe GLS FWD 4 cyl. MSRP 24,600 they said they'd sell to me at 22,600 (after $400 college graduate discount). They told me it is 750 below invoice.
Trying to decide whether or not to look at a lease for this car to keep payments low, but not sure if that's smart when we will keep this car for a long time (e.g. 8-10 yrs). They also have a 2011 AWD 4 cyl for 23,400 that has 4,500 miles on it.
Are leases currently on the 2012's good enough that it makes sense to lease and BUY at the end of the lease? How do I calculate the lease payment?
With the used market being so strong, it has me looking at new vs getting 2010 GLS 4cyl AWD in the $17k range. It's wearing me out! ;^)
Thanks for any insight you can provide. Oh, I have great credit and can put $1000 toward somehting and want to keep a payment around $300 - $350.
#106 of 159 Re: 2012 Lease vs 2011 buy question [sgnden]
Nov 06, 2011 (8:24 pm)
You should be able to get about $4,000 off MSRP for a 2012. I have had a couple of dealers offer me prices in that range.
#107 of 159 Re: 2012 Lease vs 2011 buy question [rangersrock12]
Nov 06, 2011 (9:02 pm)
That is great to know. With $4k off MSRP, it really makes the used cars I am seeing that much less attractive. 2009-2010 AWD V6's with 30-40k miles are $20k ish.
We'll see this week what I can get as a final cash price from any of the 4 dealers in the area. If I have the patience...I am burned out looking.
#108 of 159 Help with this 2012 Santa Fe Deal?
Nov 09, 2011 (7:39 pm)
2012 FWD SE V6
Selling price: 23,500
36 mo 12k Lease money factor: .00115
Loan Int rate: 3.9% 60 mos
If I am going to keep this car "forever" (10 yrs+) and I need to keep my payment as low as possible right now, is it silly to lease then buy at the end of the lease a these numbers?
#109 of 159 2012 Sonata SE 2.0T
Jan 01, 2012 (11:31 am)
I really need you help guys to find out that I got a good deal yesterday leasing this vehicle.
$3000 cash down with ($1000 in rebates -Loyalty and dealer coupon) $4000 Total
Gross Capitalized cost $25148
Capitalized cost reduction $2619
Adjusted capitalized cost $23123.65
Residual value $15999.10
total of base monthly payments $9124.20
lease payments 36
I added the basic care that it will take care of scratches , tires and other things for $860
Total monthly payments $270 (taxes included)
Is this a good deal? I don't know what to think..its my first lease and I was so tired yesterday and I really need a car. I need to go to the dealer to get the carpets and set up the bluelink but I'm waiting for a lease savy to help me out if this is something good of a deal.
Thank you guys....
#110 of 159 2013 Hyundai Santa Fe Sport
Sep 03, 2012 (8:49 am)
Just called my Plaza Hyundai Automall in Brooklyn, NY and got the following info:
Santa Fe Sport 2.0T AWD
Lease term(mo): 36
Money Factor: .00157 (3.768%)
Residual Value: 62% ($20,413.50)
Only thing left to do is get the price down to 30,000 or less
#111 of 159 Update on Lease rates in Oct
Oct 21, 2012 (12:36 pm)
I just put a deposit down on a fully loaded SF FWD with the 2.0T engine. Can someone review these numbers to give me an idea if I'm getting a good deal?
Incentive: $500, so net selling price is $$31800
Lease term: 36 months
Money factor: 0.0048
Monthly lease payment: $360.51 (does not include tax)
The car is coming in first week of Nov, and the dealer doesn't think the rates will change since Hyundai does their rates on a quarterly basis. Thanks.
#112 of 159 Re: Update on Lease rates in Oct [cary28]
Nov 05, 2012 (7:25 pm)
How much did you put down?
#113 of 159 Re: Update on Lease rates in Oct [jelyzoab]
Nov 05, 2012 (11:07 pm)
I put down $3000, which includes the 1st month payment, license & fees. I think I miscalculated the lease acquisition fee of $595, which was added to the monthly cost over the life of the lease. By the time you add tax, which is a hefty $30/m, and with a 15K miles/yr limit, puts me up to $439/m in total lease payments.
The 15K miles/yr also reduced the residual to 60% at the end of 36 months.
#114 of 159 2013 sante fe base fwd model
Nov 09, 2012 (6:27 am)
msrp of $26,225 which included the popular equipment group, selling price of $24,110 which includes dest. and is way cheaper than any other quote which i find interesting. looking for a 3 year lease, don't want to put any money down except i will pay ttl fees out of pocket. 12,000 miles per year. hyundai has a 3 yr. lease special of $269 per month but it requires a downpayment,can't recall exact amounts right now. i live in a suburb of chicago-can i beat the $269 monthly payment? thanks
ok, the special requires a down payment of $2999 which includes 1st months payment and $2730 cap cost reduction. i don't think i can beat it even with the low selling price