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Hyundai Tuscon: Lease Questions

41 messages,  Last post on Jul 24, 2008 at 2:36 AM

You are in the Hyundai Tucson Forum. Your Hosts are steve_ & tidester

What is this discussion about? Hyundai Tucson, Car Leasing, SUV

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#12 of 41 Re: Re: Hyundai Tuscon: Lease Questions [alpine1] by Car_man HOST Nov 27, 2005 (8:52 am)
Replying to: alpine1 (Nov 18, 2005 5:11 pm) Hello alpine1. The fine print in the advertised lease that you saw is a little strange. Vehicles' lease-end purchase prices are based upon a percentage of their full MSRPs. This percentage is provided by banks to dealers and is not negotiable. In fact, the higher a vehicle's lease-end purchase price is, the better it is to lease. This is because with a higher purchase option price, you are paying less for depreciation in your truck's lease payment. The higher a vehicle's residual value is, the lower its lease payment will be. Some consumers are able to successfully negotiate a lower purchase price for their vehicles at the end of their leases, but you won't know if Hyundai Finance is willing to work with you on your truck's purchase price until a month or two before the scheduled end of your lease.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: alpine1 (Jan 09, 2006 4:03 pm)
#13 of 41 lease rates by dhamilton Dec 29, 2005 (8:04 am)
Hey car-man I am helping a friend who is interested in leasing a Limited o5 or 06 Tucson. Can you please give me the residual and MF on a 3/36 as well as the advertised 27/27? Thank you car-man......Dan Replies to this message: danf1 (Dec 29, 2005 9:21 am) dhamilton (Dec 29, 2005 12:08 pm) danf1 (Dec 30, 2005 5:56 am)
#14 of 41 Re: lease rates [dhamilton] by danf1 Dec 29, 2005 (9:21 am)
Replying to: dhamilton (Dec 29, 2005 8:04 am) MF for 39 mos on a 4x4 Limited is .00184 27 mos is.00211 Residual for 39 mos 12k/yr is 49% 27 mos is 61%. Deduct 1% off of the residual for 15k/yr. Replies to this message: dhamilton (Dec 29, 2005 12:08 pm) danf1 (Dec 30, 2005 5:56 am)
#15 of 41 Re: lease rates [danf1] by dhamilton Dec 29, 2005 (12:08 pm)
Replying to: danf1 (Dec 29, 2005 9:21 am) thank you danf1, is it the same for the two wheel drive? Replies to this message: danf1 (Dec 30, 2005 5:56 am)
#16 of 41 Re: lease rates [dhamilton] by danf1 Dec 30, 2005 (5:56 am)
Replying to: dhamilton (Dec 29, 2005 12:08 pm) Front wheel drive money factors 27 .00176 and 39 .00204 Residual values are 60% and 48%.   There is a $1500 lease origination support (rebate) on the Tuscons as well, so keep that in mind as you are negotiating.
#17 of 41 Re: Re: Hyundai Tuscon: Lease Questions [Car_man] by alpine1 Jan 09, 2006 (4:03 pm)
Replying to: Car_man (Nov 27, 2005 8:52 am) Hello Host - Thank you for your thoughts on the Tucson lease. I copied the following from the advertisement, " Lease a Tucson for $199/month for 39 months. $2198 due at lease signing. Excludes taxes, title and license. Based on MSRP $18,945 including freight. Tucson closed-end leases offered through HMFC. Net cap cost $15,441 includes HMFC origination support $1,000. Lessee responsible for excess wear and mileage at $0.15/mile over 39,000 miles. Lessee has option to purchase at lease-end price negotiated at signing. Subject to HMFC credit approval. Only well-qualified lessees eligible. Offer ends 11/30/05." There is no mention of residual value in the advertisement. I'll try to contact HMFC for an explanation, but since the ad has expired I may not get a reply.
#18 of 41 2006 GLS 4WD by indigomuse63 Feb 24, 2006 (11:54 am)
Hi car_man:   Looking for mf & rp on 2006 GLS 4wd (12k/yr, 36 & 48 mons). Northern NJ area, purchasing end of May or early April 2006. Any incentives coming up? Too early for these figures? Thanks for any info. Replies to this message: indigomuse63 (Feb 25, 2006 3:42 am) Car_man (Mar 13, 2006 4:24 pm)
#19 of 41 Re: 2006 GLS 4WD [indigomuse63] by indigomuse63 Feb 25, 2006 (3:42 am)
Replying to: indigomuse63 (Feb 24, 2006 11:54 am) Ooops,,, so sorry ... meant end of MARCH not end of May. Thank you.
#20 of 41 Re: 2006 GLS 4WD [indigomuse63] by Car_man HOST Mar 13, 2006 (4:24 pm)
Replying to: indigomuse63 (Feb 24, 2006 11:54 am) Greetings indigomuse63. If you were to lease a 2006 Hyundai Tuscon GLS 4WD through Hyundai Motors Finance right now for 39 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00210 and 45%, respectively. I do not believe that Hyundai is currently running a 48 month lease on this truck. The only other term that I have seen for it is 27 months. In your area, Hyundai is currently providing $1,500 lease cash on this mode. Make sure to take this cash into account when negotiating your capitalized cost. These incentives are only scheduled to run through March 31st through, so if you want to lease in April or May you will have to check back with me then to see how thie truck's lease program has changed.   Car_man Host Smart Shopper / Prices Paid Forums
#21 of 41 Leasing questions on Tucson by kenbonn Aug 07, 2006 (8:46 pm)
Just when I thought I had a good price on a 2006 Tucson using the Costco membership price, I started reading about leasing and I think it's a better deal for me financially. I was quoted the invoice price of $21,756 and $1,000 manufacturer rebate, for a final cost of $20,756. Do I just go in there and see what it would cost to lease the car? Another question: if you have to put money down, is that held toward the purchase price or transfered to the next lease? I'm reading about the lease process, and this forum helps, but I'm not sure I understand it. And I'm supposed to make this decision in the next couple of days! I'd appreciate any advice. Replies to this message: Car_man (Aug 28, 2006 3:49 am)

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