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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 22 of 31

#211 of 302 residual and MF for GLS w/ pref November by pinksnyper

Nov 20, 2012 (3:56 pm)

CarFather (Car_Man) do you have #'s for a 2013 Elantra GLS w/ pref package 15k/yr 36m lease?
 
Many thanks

#212 of 302 Re: residual and MF for GLS w/ pref November [pinksnyper] by Car_man HOST

Nov 25, 2012 (8:32 am)

Replying to: pinksnyper (Nov 20, 2012 3:56 pm)
Ha Hi pinksnyper . Here you go. Hyundai Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GLS Sedan with an automatic transmission and 15,000 miles per year are .00132 and 66% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#213 of 302 Re: residual and MF for GLS w/ pref November [Car_man] by pvjimbo

Nov 30, 2012 (2:50 pm)

Replying to: Car_man (Nov 25, 2012 8:32 am)
Car Man....How about the December money factor and residual numbers for the same car...Hyundai GLS automatic, 3 year lease at 10,000 miles a year. We are in in So Cal if that matters. Thanks for all your good advice.

#214 of 302 Re: residual and MF for GLS w/ pref November [pvjimbo] by Car_man HOST

Dec 10, 2012 (5:59 pm)

Replying to: pvjimbo (Nov 30, 2012 2:50 pm)
Hi pvjimbo. Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GLS automatic with 10,000 miles per year are .00132 and 68% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#215 of 302 Looking at Leasing new Hyundai Elantra here are the numbers by needadeal4

Dec 29, 2012 (6:09 pm)

Hey Car guy,
 
So this is the deal I got from the dealer in Van Nuys CA.
2013 Hyundai Elantra GLS w/Preferred package MSRP 19,705.00
Offer:
Vehicle: 18,650 taxes 1,638.88 total 20,626.88
due at signing 626.00 36months 236.90
money factor: .00132 residual 66% = 13,005
 
I thought the residual should be around 68%?
 
Is this a good deal?
 
M
 
I feel like this is still a high payment.

#216 of 302 Re: Looking at Leasing new Hyundai Elantra here are the numbers [needadeal4] by Car_man HOST

Dec 30, 2012 (7:29 am)

Replying to: needadeal4 (Dec 29, 2012 6:09 pm)
Hi needadeal4. The money factor that you were quoted looks good. It's right in line with Hyundai Finance's buy rate for this model.
 
The Elantra doesn't have much of a spread between its MSRP and dealer invoice price. I'd say that there's probably a little under $700 or so. So the $1,000 dealer discount that you are being given looks good to me.
 
The two main negotiable aspects of this deal look good, so I'd say that this looks like a good deal to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#217 of 302 Re: Looking at Leasing new Hyundai Elantra here are the numbers [Car_man] by needadeal4

Dec 30, 2012 (11:39 am)

Replying to: Car_man (Dec 30, 2012 7:29 am)
Thanks Car_man!
 
I actually got them down to 18,300 today and think I am going to make the deal.
 
Thanks again
 
M

#218 of 302 Jan numbers for a 2013 GLS Auto with Preferred Pkg. by doc_v

Jan 14, 2013 (12:41 am)

Hello Car Man,
 
First of all, thank you so much for providing this service. It is much appreciated
 
I'm here in Northern California and looking to lease a 2013 GLS with Auto and Preferred Package.
 
Through the Costco Auto Buyers Program, I am being offered a good price on the car and MF, but the Residual seems considerable lower than what you've quoted here.
 
MSRP $20,020*
Selling Price $18,000
Residual amount is $11,211 [or 55% if I'm doing my math correctly]
MF is .00091
12k miles per year
 
*The model they're quoting includes carpeted floor mats, cargo net, first aid kit, auto dimming rearview mirror with Homelink, mud guards and rear bumper protector.
 
Is this accurate? Would you please provide the latest numbers?
 
Regards.

#219 of 302 Re: Looking at Leasing new Hyundai Elantra here are the numbers [needadeal4] by Car_man HOST

Jan 15, 2013 (4:44 pm)

Replying to: needadeal4 (Dec 30, 2012 11:39 am)
You're very welcome needadeal4. Good job on getting them to lower the selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#220 of 302 Re: Jan numbers for a 2013 GLS Auto with Preferred Pkg. [doc_v] by Car_man HOST

Jan 15, 2013 (4:49 pm)

Replying to: doc_v (Jan 14, 2013 12:41 am)
Hi doc_v. The selling price and money factor that you were quoted look good to me.
 
You never mentioned the payment for this car, but all of the factors that go into calculating it look good to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 22 of 31

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