Hyundai Sonata Lease Questions

1234 messages,  Last post on Jun 15, 2013 at 6:59 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Hyundai Sonata, Car Leasing, Sedan

#1225 of 1234 Re: Some payment questions. [ken117] by artiyom

May 25, 2013 (10:57 pm)

Replying to: ken117 (May 25, 2013 5:34 am)
So you mean I will have to pay that ~2000 even when it says "0 due at signing"? That's what it says in the description of that lease here on Edmunds!

#1226 of 1234 bought a sonata by steeb

May 26, 2013 (5:21 pm)

I just leased a 2013 Sonata SE $278/mo for 36months. 12k miles. 24,111 was the agreed price. I got out of my GLS 7 months early. 0 down, signed and drive.

#1227 of 1234 Re: bought a sonata [steeb] by artiyom

May 26, 2013 (5:37 pm)

Replying to: steeb (May 26, 2013 5:21 pm)
So you paid nothing but registratin fees? "got out of my GLS 7 months early" I didn't get this, you are saying you've traded in your old car?

#1228 of 1234 Re: bought a sonata [artiyom] by steeb

May 26, 2013 (6:05 pm)

Replying to: artiyom (May 26, 2013 5:37 pm)
My lease is up in January. I didn't pay anything today. According to the paperwork its $134 taxes, title $185, dealer fee of $673
 
I signed paperwork, and they gave me keys. I am guessing they worked that fee into the monthly payments.
 
cost: 24,111
payments 13,394
35 payments of 10,432
$278/mo

#1229 of 1234 Need Help Looking to lease Sonata GLS by anthony212

May 29, 2013 (6:27 pm)

Ok guys here's what happened, my father went to go Millennium Hyundai in NY to lease a car. My father told me he wouldn't give out the exact breakdown, but he gave him a printed piece of paper from the dealership with all the pricing. Should he go for this deal or is there more room?
 
2013 Sonata 4D Sedan GLS Auto
Original MSRP $23140
Dealer Cost $22394
Selling Price $18396.69
Residual Value 59% $13652.60
Mileage Adj +2% $462.80
Adjusted Resideual Value $14115.40
Rates .000950
Rebate $1500
Trade in $2300
36 Months $149.00
 
The thing that I didn't like is that he wanted to take the trade-in $2300 + another $1300 for taxes

#1230 of 1234 2013 sonata lease- but Upside down big time by upsidedown2011

Jun 02, 2013 (9:18 pm)

CarMan, I need a little help very upside down in my 2011 sonata se turbo 101,000 miles. Buyout is $16,000.00
According to dealer they are giving me $10,ooo so I'm - $6,ooo
 
On a 2013 sonata base auto transmission
Looking at $425 a month 48 month lease with a total of $1,500 out of pocket
Seems like a horrible deal am I correct ?
Thanks

#1231 of 1234 Lease by donm2303

Jun 08, 2013 (4:15 pm)

Does anyone know the residual value and money factor for a 2014 Sonata GLS 36month lease with 10k miles/ year?
 
Thanks!

#1232 of 1234 Re: 2013 sonata lease- but Upside down big time [upsidedown2011] by Car_man HOST

Jun 13, 2013 (3:57 pm)

Replying to: upsidedown2011 (Jun 02, 2013 9:18 pm)
Hi upsidedown2011. That's a lot of negative equity to bury. Is your current Sonata giving you any trouble? You would probably be better off waiting until you are less upside down to get something new.
 
I would be happy to evaluate the deal that you were quoted on the new Sonata, but it would be easier for me to do so if we separate the deals. What are the MSRP and selling price that you are being charged?
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1233 of 1234 Sonata 10,000 Mileage Lease? by straightdope

Jun 15, 2013 (6:46 pm)

CARMAN!
 
A couple of dealers here in SoCal told me that Hyundai doesn't offer a 10k mile/yr lease on a Sonata; 12k is the lowest. Is this accurate? They've got to be one of the only manufacturers who don't do ultra low mileage leases if this the case.
 
Please advise.
 
Thank you.

#1234 of 1234 Re: Sonata 10,000 Mileage Lease? [straightdope] by backy

Jun 15, 2013 (6:59 pm)

Replying to: straightdope (Jun 15, 2013 6:46 pm)
I was told the same thing by 2 different Hyundai dealers in my area. I think it may be a general HMAC leasing rule, not just for Sonatas.
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