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Hyundai Sonata: Lease Questions

144 messages,  Last post on Jul 17, 2009 at 1:51 AM

You are in the Hyundai Sonata Forum. Your Hosts are pat & karens

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


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#105 of 144
sonata lease by carbuyer34
Aug 09, 2007 (8:48 am)
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I'm currently thinking of trading in our 2005 pacifica to lease a sonata gls auto. we have around 1500 in trade equity. what do you think i would have to put up for a cash? I heard 1499 down and our trade equity should cover that? How is the tax figured in the trade as they are giving us 14000 on the pacifica? thanks!
#106 of 144
Re: July MF & residuals [jayess] by pjamese
Aug 09, 2007 (9:37 am)
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Replying to: jayess (Aug 08, 2007 5:00 pm)

Jayess- Are those pretax monthly payments and what part of the country are you in. thanks
#107 of 144
Re: July MF & residuals [pjamese] by jayess
Aug 09, 2007 (11:01 am)
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Replying to: pjamese (Aug 09, 2007 9:37 am)

pj- They're actually including tax. I'm in western PA, 7% sales tax and 10% lease. The down is essentially the 1st month plus tag/title. We have a plate to transfer, also a trade - haven't told them about either.
 
carbuyer - the way it's done here is that the sales tax is on actual cash down - so if you were putting the $1499 in cash - sales tax on it. If you're applying your trade at the same value to the down, there wouldn't be any sales tax. Just keep an eye out to the residual value in the lease agreement, probably MSRP too and make certain that it is what was initially quoted to you if it was before you spoke of trade. You want to be certain that they don't look to make up the value of your trade elsewhere in the deal. oh and btw - the 1499/199 lease is on the GLS base model (01) and not the premium package (02) with the power seat, computer and trim.
#108 of 144
negotiating? Bad luck by carbuyer34
Aug 10, 2007 (6:16 pm)
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I tried to negotiate on a 2008 sonata gls auto base today with fucillio in watertown ny. The sticker was 19,595 I offered 18,700. The sales man got mad & said fine I'll just give you wholesale for your trade! I then asked him if he was the only hyundai dealer in new york state he said no an I said good! Good bye! Look all I want to do is make a fair deal meet me halfway why catch an attitude? So I would appreciate anyone's help in finding a good deal on a sonata some where near Northern New York as fucillio's do not negotiate! Oh nice way to treat someone who just leased a car from them last june! Thanks
#109 of 144
2008 Sonata GLS by hskcar
Aug 12, 2007 (5:15 am)
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Good morning,
 
I need some advice and guidance.
 
Hudson County N.J. Sat 8/11 I began looking at a 24 month lease of a Sonata GLS...MSRP apx 18,300. I was told that this is a special program form the dealer..menaing the MSRP and residual are set and not negotiable. The deal is $1500 up front, 12,000 miles 24 month lease for $199.p/m + tax. ( I calculate it less than 220 p/m/when all is said and done)(Tax in NJ on lease is 7% of either the lease payments or the Capitalized costs). It seems like a good deal....what am I missing.
 
Thank you
 
Howard
#110 of 144
2008 Sonata at fitzmall by kaikai99
Aug 12, 2007 (5:04 pm)
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Hi folks, I found fitzmall at http://www.fitzmall.com/ is offering 2008 Sonata GLS lease at 149 per month with 1499 down, is it a good offer? Thanks!
#112 of 144
Re: 2008 Sonata GLS [hskcar] by jayess
Aug 15, 2007 (11:30 am)
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Replying to: hskcar (Aug 12, 2007 5:15 am)

This is the current lease offer on the base model (01) i.e. without the premium package. We'd been looking at leasing the 2008, just made a deal last night on this car for $359.44 down and $183.74/mo including 10% lease tax. Of course we saved the trade for last minute, an 11 yr. old ford, and a previously good lease offer came down to this. There's a 58% residual and the MF was 0.00017.
 
We also have an '07 GLS w/the premium package. The inset of the seats for the '08 have been redesigned from last year's model and it's as firm as with a lumbar, I've managed without a power seat for almost 40 years and no 'plastic' wood trim - these in the premium pkg. I'm very satisfied with the deal, as is my wife - even more important!! The car's pretty much identical to the 07 which we like. It's natural kakhi, a very classy color.
#113 of 144
2008 Sonata GLS base by glp103
Aug 19, 2007 (3:42 pm)
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Hi,
 
I'm new to leasing, so how does this sound?
 
Advantage Hyundai Hicksville NY
 
$18,000.00 neg. price to start with.
.ooo17 money factor.
11,341.90 residual which I think equates to 60%
$6658 depreciation value.
If I did my math right the monthly payments should be $185.00 without tax for 36mo. Am I missing something and is this a good deal?
 
Thanks Greg
#114 of 144
Re: 2008 Sonata GLS base [glp103] by glp103
Aug 19, 2007 (5:54 pm)
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Replying to: glp103 (Aug 19, 2007 3:42 pm)

I forgot to mention in my post this is the 2008 Sonata GLS 4 cyl. base model. I am putting nothing down except the tax, tags, a $595 bank fee and 1st payment.

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