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Hyundai Azera Lease Questions

41 messages,  Last post on Apr 25, 2013 at 7:54 AM

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

What is this discussion about? Hyundai Azera, Sedan

Messages Page 3 of 5

#15 of 41 Go to the Hyundai Incentives for Latest Lease Specials by tictac3

Aug 11, 2006 (2:14 pm)

HERE IS THE EDMUNDS' LEASE WRITE-UP FOR THE AZERA IN THE PHILADELPHIA, PA AREA:
 
Start: 08/01/2006 End: 08/31/2006 $258.71 Monthly Payment Calculate Other Monthly Payments
36 Month Term
$1999 Down Payment
$0 Security Deposit
12000 Annual Mileage
Restrictions Lease is based on the 2006 Azera SE with $3000 Customer lease cash.
Comments $2,257.71 is due at signing. Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement. Tax, tags and insurance are extra.

#16 of 41 Leasing by alross

Aug 16, 2006 (9:07 am)

I leased an Azera Limted with Ultima package as of July 24th. List price at $30K, net at $25,200 after all dealer and factory discounts. Leaed for 36 months/12,000 miles per year. Lease rate at $425 per month plus sales tax. Down Payment was $1,200 which included the first month rental and plates and taxes. The dealer netted about $600 from this.
 
The Hyundai lease shows their office operation sucks as they did not bill after the first month. Their excuse they out source to someone for the billing/collections. Did get the second month billing o-k.
 
I am a former Infinit and Lexus user over many, many years. This vehcile, with all thr frills is really almostequal to a 2007 Lexus ES with a price differential of $37,000 to the $25,200 for the Azera. The residual at the end of 36 months is $12,500.
 
Hyundai has missed the boat. They have great advertising, classy and superior to virtually any brand. Their dealer ship operations simply do not have the experience or ambience to sell this superior vehicle. I visted four different dealers and found only one sales person who even knew the car's features.
 
I'm sure they wil learn but when you want to sell a class act you have to set the stage.
 
I have only about 1,000 miles on the car. It rides great, peppy and smooth and quiet. There isn't a car on the road that can provide the combination of luxury at this astounding low price.
 
Al

#17 of 41 Re: 2006 Azera limited lease [pmp96lau] by Car_man HOST

Aug 28, 2006 (3:34 am)

Replying to: pmp96lau (Aug 10, 2006 6:27 am)
Hey pmp96lau. Hyundai is not currently providing support on 24 month leases of the Azera. Its shortest term for leases of this car is 36 months. Hyundai Finance's current buy rate lease lease money factor and residual value for a 36 month lease of a 2006 Azera Limited with 15,000 miles per year are .00097 and 40%, respectively. When negotiating your lease on this car, keep in mind that Hyundai is currently providing $3,000 lease cash on it. This money will help you to negotiate an attractive capitalized cost.
 
Car_man
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#18 of 41 Re: 2006 Azera limited lease [Car_man] by jeffal

Sep 20, 2006 (8:50 am)

Replying to: Car_man (Aug 28, 2006 3:34 am)
Car man,
 
Are you sure Hyundai is offering $3,000 lease cash on the car? I haven't been able to verify that on any of the websites.
 
Also, let's say I negotiate a price down to $25,000 (MSRP $30,000). If I decide to lease, are you saying I could potentially get the price down to $22,000 (with the $3,000 lease cash)?

#19 of 41 Re: 2006 Azera limited lease [jeffal] by jeffal

Sep 21, 2006 (8:38 am)

Replying to: jeffal (Sep 20, 2006 8:50 am)
Nevermind. I contacted a dealer and they verified that there is $3000 lease cash available on the Azera, but it cannot be combined with the $1,500 rebate.

#20 of 41 Re: 2006 Azera limited lease [jeffal] by Car_man HOST

Sep 24, 2006 (8:06 am)

Replying to: jeffal (Sep 20, 2006 8:50 am)
Yes, jeffal, I am absolutely positive that Hyundai is currently providing $3,000 lease cash on leases of the 2006 Azera through Hyundai Finance. If you are able to negotiate a selling price of $25,000 without the use of any incentives then yes you could potentially use a capitalized cost of $22,000 to calculate your car's lease payment.
 
Car_man
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Prices Paid Forum

#21 of 41 Re: 2006 Azera limited lease [jeffal] by Car_man HOST

Sep 24, 2006 (8:07 am)

Replying to: jeffal (Sep 21, 2006 8:38 am)
Oops, I should have read your next pose before responding to your first one. You are correct, jeffal, the $3,000 lease cash is not compatible with this car's normal customer cash allowance.
 
Car_man
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Prices Paid Forum

#22 of 41 Re: Hyundai Azera: Lease Questions [pat] by imaricci

Sep 25, 2006 (10:06 am)

Replying to: pat (Mar 04, 2006 8:02 am)
Can someone point me to a place that will explain % residual, etc. that can help to decide whether to lease or not to lease? I’ve never given it consideration before. I’m planning on purchasing or leasing an Azera from Fritzgerald Automall. Any help is appreciated.

#23 of 41 Re: Hyundai Azera: Lease Questions [imaricci] by Car_man HOST

Oct 15, 2006 (6:32 am)

Replying to: imaricci (Sep 25, 2006 10:06 am)
Hi imaricci. The following articles should answer any questions that you have about leasing: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Check them out and let me know if you have any specific questions that they don't answer. I will be happy to answer them for you.
 
Car_man
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#24 of 41 edmunds:calculate your own lease payments:monet factor by johnbaxter1

Oct 19, 2006 (5:32 am)

I would appreciate help in how Iwould determine the money
factor?In your example,a 9% annual interest rate translates
into a .00375 monthly interest payment as far as I can
determine from your Leasing Tips.
Please explain the math by which this .00375 was calculated
off of a 9%APR?
How do I calculate the money factor given different APR
numbers from differdnt Hyundai dealers?(as I begin
negotiating)?

Messages Page 3 of 5

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