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Last post on May 22, 2013 at 4:32 PM
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Hyundai Santa Fe, Car Leasing, SUV
#119 of 160 2013 Lease Rates?
by faithkap
Nov 27, 2012 (3:38 pm)
The other day my husband & I went to a local Hyundai Dealership to see the Santa Fe Sport, 2.0 FWD, 36 month lease. This price includes all three package options. It is fully loaded.
MSRP: $32,220.00
Residual: .61
Miles: 12,000/per year
With $2K Down: $396.13/per month
With $5K Down: $306.13/per month
Please advise if this is a fair price or do you have suggestions on how we can land a better per month price?
Thank you,
#120 of 160 Re: 2013 Lease Rates? [faithkap]
by 1stbeemer1
Nov 29, 2012 (9:25 pm)
hi faithkap
not sure where u located. i picked my SF 2.0T FWD today will full tech pkg 06 options with MSRP 34,250. Also got a tow hitch thrown in as well.
The lease I managed to negotiate for 36 mths 15k mi/year, with $750 Hyundai loyalty rebate and $500 Hyundai rebate, was:
Down $0, including first month
Monthly $382 and some change (before tax) for 35 more months.
This is the first time I really took the time to do my homework using all the valuable info shared by kind knowledgeable people like Car Man and also taking the time to shop 4-5 dealerships. it really pays off. Hope this helps.
#121 of 160 Re: 2013 Lease Rates? [1stbeemer1]
by faithkap
Nov 30, 2012 (4:14 am)
Thank you. We are in Maryland. Congrats on you
new Santa Fe Sport.
#122 of 160 Re: 2013 Lease Rates? [1stbeemer1]
by rlhaase08
Dec 01, 2012 (2:13 pm)
Those are great numbers. Where are you located and what dealer did you go to?
I would've signed a deal today if the dealer near me made that offer.
thanks very much for your input.
#123 of 160 Re: 2013 Lease Rates? [rlhaase08]
by 1stbeemer1
Dec 02, 2012 (3:31 pm)
sorry for the late reply. been out enjoying my new SF 2.0T. Go to hardin hyundai in Anahiem. Several of the dealerships around here were willing to match the deal ... only hardin was willing to add the tow hitch. good luck.
#124 of 160 Re: 2013 Hyundai Santa Fe Lease Rates [1stbeemer1]
by Car_man HOST
Dec 10, 2012 (6:15 pm)
Hi 1stbeemer1. The numbers for the FWD are different than the numbers for the AWD model. I believe that the residual values are the same for both but the money factors are .00148 for the FWD and .00157 for the AWD.
Car_man
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#125 of 160 Re: 2013 Hyundai Santa Fe Lease Rates [sunshine1949]
by Car_man HOST
Dec 10, 2012 (6:18 pm)
Thanks sunshine1949. Two Santa Fes huh? You must really like them
.
Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Santa Fe 2.0T FWD with 12,000 miles per year are .00148 and 64% for consumers who qualify for its top credit tier.
There's a $500 cash incentive on leases of this vehicle right now.
Car_man
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#126 of 160 2013 Santa Fe 2.4L FWD Lease
by gators4
Dec 10, 2012 (7:46 pm)
Hopefully someone can get back to me within 24 hours on this as I am planning on getting this Wednesday or Thursday. I think I got a fantastic deal but worth checking with you guys to see your input.
It's a 36 month lease/12,000 annual miles.
2013 Santa Fe 2.4L FWD, Black w/ Dark Gray Leather interior.
Popular Equipment Package and Premium & Leather Package.($3,000 value)
Free Oil Changes for life of Lease(and an additional 2 years after lease if I decide to buy)
The lease on Hyundai's website is for $269/mo and its just the base model and that's with $3,000 down and doesn't include taxes, fees, etc.
Here is the price I got per month and this INCLUDES all fees, taxes, etc.
$308/mo. This includes $3,000 down($2,600 trade in + $400 cash)
So what do you guys think?
#127 of 160 Re: 2013 Santa Fe 2.4L FWD Lease [gators4]
by Car_man HOST
Dec 11, 2012 (5:15 pm)
Hi gators4. It's difficult for me to comment on this deal without knowing what this vehicle's MSRP and selling price because I don't know what the payment should be like off of the top of my head. If you tell me what these numbers are I'd be happy to tell you what I think.
One thing I can tell you is that you would be better off having the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a down payment for your lease. I always advice consumers to put as little money down as possible when leasing because if your vehicle is totaled in an accident or stolen and never recovered then your down payment might just disappear.
Car_man
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#128 of 160 Re: 2013 Santa Fe 2.4L FWD Lease [Car_man]
by gators4
Dec 11, 2012 (6:23 pm)
MSRP with all that on it is $29,500
Purchase price would be $27,700
I will have to look into the no down payment thing. I actually think I would get about $1,000 more out of the car that I'm trading it in if I sold it myself.
After seeing the Purchase price what do you think about the $308/mo?
Also, they told me now that I could jst put $2,600 down and then make my first monthly payment of $308. Before it was $3,000 down plus initial monthly payment.