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Hyundai Santa Fe Lease Questions

167 messages,  Last post on Jun 18, 2013 at 4:40 PM

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What is this discussion about? Hyundai Santa Fe, Car Leasing, SUV

Messages Page 15 of 18

#134 of 167 Re: January 2013 Hyundai Santa Fe Lease Rates [Car_man] by agrewal

Jan 28, 2013 (1:27 pm)

Replying to: Car_man (Jan 23, 2013 5:43 pm)
Mr. Car Man,
 
I am trying to determine the right lease payment for a 2013 Hyundai Sante Fe 2.0T with AWD (MSRP 32745, negotiated price 31745).
 
I would like to lease with minimum miles (12k) over 36 month term.
 
How do I make sure that the dealer calculates any down payment and lease appropriately? I understand what capitalized cost, money factor, and residual value are, but I'm not sure how to put everything together, especially in light of acquisition fees, taxes, and so on.
 
Any guidance would be appreciated.

#135 of 167 Re: January 2013 Hyundai Santa Fe Lease Rates [agrewal] by Car_man HOST

Feb 03, 2013 (10:32 am)

Replying to: agrewal (Jan 28, 2013 1:27 pm)
Hi agrewal. I can work up a sample lease payment on this truck for you to give you an idea of what to expect. Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Santa Fe 2.0T AWD with 12,000 miles per year are .00114 and 59% for consumers who qualify for its top credit tier.
 
Using these numbers, an MSRP of $32,745 and a selling price of $31,745 (though given the $500 lease cash that's available on this model, this isn't enough of a discount for my taste), I estimate that this truck's zero down, pre-tax monthly payment would be around $404.
 
If I was in the market for this model, I personally would shoot for at least another $500 off. That would lower the pre-tax payment to around $389.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#136 of 167 2013 Santa Fe GLS / Limited? by drdrakeramore

Feb 04, 2013 (12:25 pm)

Hello Car_Man,
 
Can you provide some data on the (new) Santa Fe, non-sport: GLS and Limited AWD. Looking for the basics: MF, residual for 36 months and 12K miles. Also curious what, if any, incentives are out there for this truck (I can't seem to find any information).
 
Thanks!

#137 of 167 Re: 2013 Santa Fe GLS / Limited? [drdrakeramore] by Car_man HOST

Feb 04, 2013 (4:39 pm)

Replying to: drdrakeramore (Feb 04, 2013 12:25 pm)
Hi drdrakeramore. I haven't seen a lease program for the non-Sport Santa Fe. Is it even out? I don't think that it's available yet.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#138 of 167 Re: 2013 Santa Fe GLS / Limited? [Car_man] by drdrakeramore

Feb 05, 2013 (4:41 pm)

Replying to: Car_man (Feb 04, 2013 4:39 pm)
Thanks, I found that out after I posted...my wife was taken with the ads during Super Bowl and I thought I'd get a jump on things. A bit of recognizance (with area dealers) told me that they don't even know when they'll be taking delivery...some delays in the pipeline, apparently. Unfortunate, as there seems to be a lot of interest right now. Thanks again!

#139 of 167 Re: 2013 Santa Fe GLS / Limited? [drdrakeramore] by Car_man HOST

Feb 12, 2013 (5:00 pm)

Replying to: drdrakeramore (Feb 05, 2013 4:41 pm)
You're very welcome drdrakeramore.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#140 of 167 Re: January 2013 Hyundai Santa Fe Lease Rates [Car_man] by psu1226

Feb 18, 2013 (7:32 am)

Replying to: Car_man (Jan 23, 2013 5:43 pm)
Hi Car_man
 
Thanks for you earlier replies. I have a couple of follow-up questions that I hope you can help me out with:
 
1. As the year goes by, I assume that residual of the cars will be lower as we get close to the model year end. Do manufacturers counter the residual drop with lower MF to keep the payments on leases similar, or are you better of leasing early on? I'm hoping to lease by the end of the month, but I wanted to know what to expect if I decided to wait out to check the LWB version of the Santa Fe.
 
2. Earlier this month you posted the following info on residual and MF: "2013 Santa Fe 2.0T AWD with 12,000 miles per year are .00114 and 59% for consumers who qualify for its top credit tier". I originally was going to go with AWD, but realized that I probably don't REALLY need it for my area. Can you let me know what the residual and MF is for for the 2.0T FWD with 12k and 15k miles.
 
3. Do you know what are HMF current acquisition and disposition fees? Want to make sure I've got all of the fees covered
 
4. I don't see a $500 lease cash bonus on hyundaiusa site. Is this promotion still on?
 
Thanks again for all your help.

#141 of 167 February 2013 Hyundai Santa Fe Lease Rates [Car_man] by dbl315

Feb 22, 2013 (12:33 pm)

Replying to: Car_man (Jan 23, 2013 5:43 pm)
Thank you for all of the helpful information. Can you please give me your thoughts on the following offer?
 
2013 SF 2.0T Sport, Tech Pack/Premium Pack
MSRP $34,310 (do not know the selling price yet)
$1500 due at signing (includes first month)
$379/mo (tax-in).
 
I can probably get the dealer down to $369/mo., but want to use a slow February/end of month leverage to see if I can get away with $1000 down, $369.00 month.
 
Thanks,

#142 of 167 Re: January 2013 Hyundai Santa Fe Lease Rates [psu1226] by psu1226

Feb 25, 2013 (7:02 am)

Replying to: psu1226 (Feb 18, 2013 7:32 am)
Update:
 
I was interested in leasing the 2013 Sante Fe 2.0T FWD w/ Tech package, but I couldn't find a color combination that I liked in my area. My dealer pointed me to a AWD model which had my top color choice combination (Mineral Gray / Black interior), so I decided to take that and pay up for the AWD. Here are the details of the lease:
 
Vehicle: 2013 Sante Fe Sport 2.0T AWD with Tech Package
Miles: 12k/year
MSRP: $35,900
Invoice: $34,067
Purchase Price: $32,765.35 (Hyundai Circle Plan A through Hyundai Think Tank)
Discounts:$750 Loyalty, $500 Lease Cash, $500 Motozuma matching
Down payment:$500 (Needed it to get the Motozuma deal)
Residual: 59% or $21,181 (Couldn't confirm with car_man)
Money Factor: .00114 (Couldn't confirm with car_man)
Dealer Fee: $200 (Maryland)
Acquisition Fee: $595
Taxes in VA = 3% (They tax leases on full price )
Monthly $370.16 includes tax
 
At signing: $370.16 + $500 Down + $118.5 Title and Tags (VA) = $988.66
 
Car_man had posted that residual and money factor early Feb, so assuming they were correct, the numbers checked out. First time leasing, so I hope I didn't make a mistake somewhere.

#143 of 167 Re: January 2013 Hyundai Santa Fe Lease Rates [Car_man] by is_status

Mar 03, 2013 (8:54 am)

Replying to: Car_man (Feb 03, 2013 10:32 am)
Hey car_man,
 
Can you help me out? I'm looking to lease a 2013 Santa Fe sport 2.0T awd
With the tech and leather package.
 
Terms 36 month/15,000 miles a yr
Msrp $35,645
Invoice $33,965
Purchase price $32,665
Money down would be $500 plus first month payment
Ny state taxes 8.875
 
Can you give me an idea of what I should expect to be paying a month on a lease with these terms and taxes rolled in to the payments. Thank you!

Messages Page 15 of 18

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