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Hyundai Azera Lease Questions

32 messages, Last post on Mar 07, 2009 at 3:46 AM
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Replying to: imaricci (Sep 25, 2006 9:06 am) Car_man Host Prices Paid Forum |
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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)?
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Replying to: alross (Aug 16, 2006 8:07 am) You are absolutely right. I am a long time Acura TL user and leased for many years. I purchased a Sonata LX in Jan. and just recently purchased my Azera Limited. I have even offered to speak to potential Azera customers at my dealership, as a most satisfied customer. I too have offered my "opinion" that Hyundai dealerships are not setup to deal with the near luxury customer. I have actually have called their attention to some of the features that the car possesses. I have a friend that has a 2006 Lexus ES and this car has it beat by a mile. I have never enjoyed 2 cars more than my new Hyundais. You can't sell Elantras with the same sales methodology as an entry level luxury car such as the Azera. Look at the showrooms for Acura, Lexus, Infiniti to name a few. Different ambiance for a more upscale customer. I will say this, when I purchased my Azera I spent a short period of time answering questions which were apparently geared to finding out what the typical customer, who is buying an Azera, interests are. So they are probably aware of what it will take. Bottom line, I have 2 awesome cars. Don |
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Replying to: johnbaxter1 (Oct 19, 2006 4:32 am) Car_man Host Prices Paid Forum
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Replying to: Car_man (Nov 06, 2006 4:01 am)
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Replying to: dmallia (May 06, 2007 12:26 pm) Car_man Host Prices Paid Forum |
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Does anyone know Hyundai's current residual % for 36months and interest rate / money factor?
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Replying to: setamp (Jul 15, 2007 5:23 am) |
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Replying to: setamp (Jul 15, 2007 5:23 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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". |
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