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Hyundai Elantra Lease Questions

302 messages,  Last post on May 14, 2013 at 6:16 AM

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What is this discussion about? Hyundai Elantra, Car Leasing, Sedan

Messages Page 18 of 31

#162 of 302 Lease Rates by lamstang94

Jan 30, 2012 (8:04 am)

Where do you find the lease rates for Hyundai's, specifally the rates for Elantra 12000 yr 36 months. Is there a website with the rates?
 
Thanks

#163 of 302 Re: Lease on 2012 Elantra Touring SE with Bluetooth [Car_man] by mrcarbuyer

Jan 30, 2012 (12:08 pm)

Replying to: Car_man (Jan 29, 2012 5:48 pm)
Thanks Car_man!
 
I'm still getting bids for my Kia Optima LX 2007, and as soon as I sell it, I'll move into buying the Elantra Touring.
 
I might ask you for the rates again in Feb
 
Best,
 
Mrcarbuyer

#164 of 302 Re: Lease Rates [lamstang94] by Car_man HOST

Jan 31, 2012 (5:07 pm)

Replying to: lamstang94 (Jan 30, 2012 8:04 am)
Hi lamstang94. I am not aware of any site that consistently provides accurate information on manufacturers actual lease programs to the general public.
 
Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Elantra GLS with an automatic transmission and 12,000 miles per year are .00190 and 62%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#165 of 302 Re: Lease on 2012 Elantra Touring SE with Bluetooth [mrcarbuyer] by Car_man HOST

Jan 31, 2012 (5:08 pm)

Replying to: mrcarbuyer (Jan 30, 2012 12:08 pm)
You're very welcome Mrcarbuyer. Good luck in selling your Optima. The Elantra's lease program is supposed to be the same in February as it was in January, but please feel free to check back with me to make certain that is indeed the case.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#166 of 302 Elantra 2012 M/T leasing by springpin

Feb 03, 2012 (3:08 pm)

Hello Car_man
  I am visiting dealer tomorrow. This Elantra has manual transmission, is gray and it does have the preferred package which includes the alloy wheels, bluetooth and audio controls on the steering wheel. It also comes with floor mats, auto dimming mirror with compass and homelink and cargo net. The MSRP is $17,615. They want $4,000 down and payments will be at $179
  
Is this a good deal?

#167 of 302 February Elantra Lease Details by kopchikc

Feb 06, 2012 (7:17 am)

Greetings Car_man,
  
On the main site, it appears the incentives from Hyundai are up for February. Are there any updates to the lease details for a 2012 Elantra Limited for 36 months 15,000 miles/year? Is the $1,000 lease support still available in addition to the $500 cash?
  
Money Factor:
Residual:
Any incentives:
  
Thanks again for your help. I will post my results by the end of the month.

#168 of 302 Re: Elantra 2012 M/T leasing [springpin] by Car_man HOST

Feb 07, 2012 (5:16 pm)

Replying to: springpin (Feb 03, 2012 3:08 pm)
Hi springpin. $4,000 is way too much money to put down on a lease. I always advise consumers to put as little money down as possible when leasing. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.
 
Do you know what this car's selling price is? The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is much more difficult to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate. Let us know what the selling price is and either myself or another helpful community member will let you know what they think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#169 of 302 Re: February Elantra Lease Details [kopchikc] by Car_man HOST

Feb 07, 2012 (5:20 pm)

Replying to: kopchikc (Feb 06, 2012 7:17 am)
Greetings kopchikc. Hyundai Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2012 Elantra Limited with 15,000 miles per year are .00190 and 61%, respectively for consumers who qualify for its top credit tier.
 
I believe that there is only a $1,000 cash incentive on leases of this car right now.
 
Good luck in your negotiations and make sure to let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#170 of 302 Re: Elantra 2012 M/T leasing [Car_man] by springpin

Feb 07, 2012 (7:36 pm)

Replying to: Car_man (Feb 07, 2012 5:16 pm)
Thanks Car Man,
I leased 12,000 miles/36 months an A/T Hyundai Elantra GLS Red with preferred package+auto dimming mirror, etc . Sticker price was 19,320 and final price 19,000. This is the breakdown:
 
-Gross Capitalized Cost: 19,595 (19,000+dealer fee of 595)
-I put down $3500, they used $3179.24 as capitalized cost reduction and $320.76 to offset some taxes and fees: FL fee: 68.50, Electronic Filing fee:$93, Title fees: $136.10, tax: $236, finally they gave me a 'credit' of $1,000 to pay for all their fees.
 
-Adjusted capitalized cost: $16, 415
-Residual value:$11,978
-Lease payments:177 +tax
 
What do you guys think? The car is beautiful
Dealer: Rick case hyundai in Davie, FL

#171 of 302 Re: February Elantra Lease Details [Car_man] by kopchikc

Feb 14, 2012 (10:19 am)

Replying to: Car_man (Feb 07, 2012 5:20 pm)
Car_man,
 
I am getting quoted 58% residual for a 2012 Limited w/Tech. Does the Tech package really knock 3% off the residual? I was told the GLS had a higher residual.

Messages Page 18 of 31

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