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Hyundai Azera: Lease Questions

32 messages,  Last post on Mar 07, 2009 at 3:46 AM

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

What is this discussion about? Hyundai Azera, Sedan


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#28 of 32
Re: edmunds:calculate your own lease payments:monet factor [dmallia] by Car_man HOST
May 10, 2007 (3:32 am)
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Replying to: dmallia (May 06, 2007 12:26 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 32
Current Azera Lease Variables? by setamp
Jul 15, 2007 (5:23 am)
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Does anyone know Hyundai's current residual % for 36months and interest rate / money factor?
#30 of 32
Re: Current Azera Lease Variables? [setamp] by dborth
Jul 15, 2007 (3:05 pm)
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Replying to: setamp (Jul 15, 2007 5:23 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 32
Re: Current Azera Lease Variables? [setamp] by Car_man HOST
Jul 20, 2007 (2:59 am)
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Replying to: setamp (Jul 15, 2007 5:23 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 32
Lease end by dborth
Mar 07, 2009 (3:46 am)
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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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