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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 4 of 5

#27 of 41 Re: edmunds:calculate your own lease payments:monet factor [Car_man] by dmallia

May 06, 2007 (1:26 pm)

Replying to: Car_man (Nov 06, 2006 5:01 am)
I haven't seen a post in a while about 07, and 06 leasing prices. What is a reasonable price in the Midwest. How and when would increased residual values be reflected in lower lease payments. Any help from posters is greatly appreciated.

#28 of 41 Re: edmunds:calculate your own lease payments:monet factor [dmallia] by Car_man HOST

May 10, 2007 (4:32 am)

Replying to: dmallia (May 06, 2007 1:26 pm)
Hi dmallia. The monthly payment for an Azera will depend upon what its MSRP and selling price are, as well as how long you lease it for and what mileage allowance you opt to go with. If you provide me with these variables I would be happy to use Hyundai's current lease program to estimate what your monthly payment would be. As far as this car's selling price goes, shoot for as close to dealer invoice as possible and then have the dealer subtract the $1,350 lease cash that Hyundai is providing on the '07 Azera right now. You may be able to get a good idea of how much you will have to pay for this car right now by visiting the following discussion: "Hyundai Azera: Prices Paid & Buying Experience".
 
Car_man
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Prices Paid Forum

#29 of 41 Current Azera Lease Variables? by setamp

Jul 15, 2007 (6:23 am)

Does anyone know Hyundai's current residual % for 36months and interest rate / money factor?

#30 of 41 Re: Current Azera Lease Variables? [setamp] by dborth

Jul 15, 2007 (4:05 pm)

Replying to: setamp (Jul 15, 2007 6:23 am)
An odd question for an "almost luxury" sedan. I think you will find too the factory sponsored lease incentive is 30 months / 12,000, not 36 months. "Residual" is stated in dollars, not %...(in my case 56% of cap. cost) "Money factor" is not disclosed, at least on my lease contract.

#31 of 41 Re: Current Azera Lease Variables? [setamp] by Car_man HOST

Jul 20, 2007 (3:59 am)

Replying to: setamp (Jul 15, 2007 6:23 am)
Hi setamp. According to the latest information that I have seen, Hyundai's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Azera with 15,000 miles per year are .00139 and 44%, respectively. When negotiating your lease on this car, make sure to take advantage of the $2,250 that Hyundai is providing on it. This cash will help you to negotiate an attractive capitalized cost.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#32 of 41 Lease end by dborth

Mar 07, 2009 (4:46 am)

My 30-month HMFC '07 Azera lease terminates the middle of April. I recently received a cover letter and documents to complete pertaining to either the purchase of, or returning the vehicle.
 
While I love the car, the last 29 months has proven than I really don't need a 4-door large sedan now, let alone a slightly larger 4-door like the Genesis. I am however interested in the just now starting to arrive Genesis Coupe.
 
Here is the telephone exchange with a "customer service" rep. at HMFC Fountain Valley, CA:
 
1. If I purchase, can I finance with HMFC? "No, we want cashiers check in full"
2. I am interested in the new Hyundai Coupe but a reasonable selection won't be available locally by middle of April. Can I extend the current lease in anticipation of leasing or buying the new Coupe? "No, purchase or turn it in by the date specified on the lease contract"
3. Are you sure about that? "Yes"
 
One would think if a consumer is dropping off a lease return to the dealer, the manufacturer, and certainly the dealer would want that consumer to leave the dealer in a new vehicle of the same brand. I believe it's referred to as "loyalty".

#33 of 41 2013 Azera by romil01

Feb 11, 2013 (11:15 am)

Car_Man,
 
Please provide the MF / Residual for a 36 month lease / 15K miles per year on a 2013 Azera with Tech Package in Nevada. Thanks!

#34 of 41 Re: 2013 Azera [romil01] by Car_man HOST

Feb 12, 2013 (4:53 pm)

Replying to: romil01 (Feb 11, 2013 11:15 am)
Greetings romil01. Hyundai Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Azera with 15,000 miles per year are .00136 and 55% for consumers who qualify for its top credit tier.
 
When negotiating your deal on this car, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#35 of 41 Lease on 2013 Azera by romil01

Feb 20, 2013 (4:03 pm)

The following is a lease I signed on a 2013 Azera with Tech Package (all accessories, paint protectant, leather protectant, and window tint included):
 
36 months / 15,000 miles per year
MF = 0.00136
Residual = 55%
MSRP = $37,565 (asking price $39,040 with dealer options added to include protectants and tint)
Invoice = $34,969
Price Paid = $34,479
Adjusted Cap Cost = $33,962 with $2250 worth of rebates
Out of Pocket = $0 + Free iPad Mini
 
Total monthly payment including NV sales tax = $480.

#36 of 41 My Azera Lease deal by azeraninja

Apr 01, 2013 (6:36 pm)

I am looking at two Azeras - One in New Mexico and one in Las Vegas, Nv. The New Mexico deal is a 2012, the vegas one on a 2013.
 
Here is how I calculated the NM Deal. - Their monthly payment was $467 - please tell me what I am missing!?!?
 
This offer eliminates the doc fees. I forgot to include License fee and Title fee but that should only adjust the payment a buck or two.
 
MSRP = 37,135
Sale price = $32,695
+
Acquisition fee of $595
= Gross Cap Cost of 33,280
- Cap reductions of $3,352.41 ($2,000 down, $1000 rebate, 352.41 1st payment)
=Net Cap Cost of $29,927.59
 
Monthly Depreciation = 29,927.59-19,310 / 36 = $294.93
 
Monthly Finance = 29,927.59+19,310 * .0007 = $34.39
 
Monthly Payment = 294.93+34.39 = 329.39 * .081(Nv tax rate) = $352.41
 
Did I do something wrong? Why are our monthly payments almost $100 different!?

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