Last post on May 17, 2013 at 8:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Hyundai Sonata, Car Leasing, Sedan
#1167 of 1221 Re: After lease warrenty [john_doe_wny]
Jan 28, 2013 (10:50 am)
The 10 year/100k powertrain warranty transfers to the buyer if you leased the car and buy it out at the end of the lease. I specifically asked my Hyundai dealer that question when I leased a 2013 Sonata in November.
Your lease agreement will specify any fees that apply if you buy the car at the end of the lease, or turn it in. In my experience, these fees are negotiable at the end of the lease--especially if you buy the car... or buy or lease another Hyundai when turning in the leased car.
#1168 of 1221 Re: After lease warrenty [backy]
Jan 28, 2013 (12:55 pm)
Thank you both that answers my questions.
#1169 of 1221 Does this lease price sound good ? Can I do much better ?
Jan 28, 2013 (1:43 pm)
I am looking at 2 models of the sonata the 2013:
- GLS + Premium pkg w Bluetooth, heated seats, aluminum wheels, etc... and
for the GLS + premium I have a delaer offer of $206/month for 36 months with 12K per year - $1050 in taxes up frint and zero down.
for the SE: $219 with $1206 in taxes and delivery fees. Zero cao cost reduction fees.
How does this compare ?
#1170 of 1221 Re: Does this lease price sound good ? Can I do much better ? [bigal64]
Jan 28, 2013 (3:20 pm)
That seems like a pretty easy question to answer: is the SE worth at least $624 more to you than the GLS? If so, get the SE. If not, get the GLS.
IMO the price on the GLS is pretty good, but not exceptional... works out to $235/month. You might counteroffer with something like $220 with 0 out of pocket, see what they say. The worst that can happen is they say "no".
Also if you haven't compared price at any other dealership yet, you might do that, tell them what the offer is and see if they'll beat it--assuming you have other dealers in your area.
#1171 of 1221 msrp vs invoice on a lease
Jan 29, 2013 (1:29 pm)
I asked a dealer why I couldn't use invoice pricing with Hyundais lease rates and make a cheaper payment than Hyundais advertised lease price based on msrp...they replyed...even tho its msrp it comes out cheaper than if you just wanted to lease a car based on invoice...huh...is it better to use their advertised lease price based on msrp then instead of trying to get a lease based on the same rate and price you work out with the dealer? Thanks
#1172 of 1221 Re: msrp vs invoice on a lease [john_doe_wny]
Jan 29, 2013 (1:55 pm)
You need to find a new dealer. They are full of it. Most advertised lease deals are not the best available. they don't disclose all the info you need to figure out how much the dealer is selling the car for.
If you want help, post the msrp, sell price, term, money factor and residual %. You can calculate the lease using a tool or we can help you.
Leasing is like a shell game. the dealer has more cards than us...
#1173 of 1221 Re: msrp vs invoice on a lease [pegasus17]
Jan 30, 2013 (4:10 am)
Thanks for the reply but I'm just looking into a lease now. I want all the details so when I have to get a new car I'm ready. Once my suv starts costing more than its worth I'll get a new car and with a lease I can get a better car for the payment and always be under factory warranty and with Hyundai I have the option to buy the car at the end of the lease and still have a great warranty while paying it off.
#1174 of 1221 Buying a car currently leased
Feb 03, 2013 (4:50 pm)
I have been looking at a 2013 sonata that a person has for sale that he currently leases. The individual has only leased the car for 7 months of a 36 month lease. He has told me that he would have to pay off his lease obligation with the sales proceeds as well as pay the pre agreed price of the car at lease end. He would have to pay approx $3-4 thousand more than I would be willing to pay him for the car. How does a person proceed on processing this transaction to make sure its a clean clear title transaction?
#1175 of 1221 Sonata Hybrid Lease Question
Feb 03, 2013 (9:15 pm)
We are looking to lease a fully loaded 2012 Sonata Hybrid with Navigation, Moonroof, leather etc. The MSRP is $32,370. Dealership in Southern California proposes a 36 month lease 12k miles per year at $337 per month including 9% sales tax. Total drive off and out of pocket is $500. Is this a reasonable deal, a good deal or a dynamite deal? Do not know what selling price is or money factor.
#1176 of 1221 Dealer offering to lease 2013 Sonata at same lease price as our 2012 Sonata
Feb 07, 2013 (8:34 am)
My dealer just called and wanted to know if we would be interested in trading in our 2012 Sonata that we leased from him (have about 18mos left on that lease which is $249/mo) for a 2013 Sonata at the same lease price of $249/mo. Is that something we should consider? Pros and cons? thanks so much!