Hyundai Elantra: Lease Questions

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

You are in the Hyundai Elantra Forum.

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

#1 of 302 Hyundai Elantra: Lease Questions by backy

Oct 22, 2006 (7:42 pm)

Looking to lease a new Elantra? Ask your questions here!

#2 of 302 Inquiring About Leasing by davo07

Nov 01, 2006 (11:35 am)

When leasing a vehicle, can the lesee choose the options and accessories on their vehicle of choice?

#3 of 302 Re: Inquiring About Leasing [davo07] by Car_man HOST

Nov 06, 2006 (5:19 am)

Replying to: davo07 (Nov 01, 2006 11:35 am)
Absolutely davo07. Leasing a vehicle is just like financing or paying cash for one in that consumers are free to get their vehicle equipped any way that they would like. Any factory installed options can be residualized and included in your vehicle's monthly lease payment.
 
Car_man
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Prices Paid Forum

#4 of 302 Hyundai doesnt lease Elantra by hyundai_slsmn

Dec 05, 2006 (6:00 pm)

Hyundai has never had a lease program on Elantra. You would have to lease through an outside company and the payment would be ridiculous. There is talk of possible lease programs for the re designed 07 model. You can however lease a sonata.

#5 of 302 Re: Hyundai doesnt lease Elantra [hyundai_slsmn] by Car_man HOST

Jan 14, 2007 (6:34 am)

Replying to: hyundai_slsmn (Dec 05, 2006 6:00 pm)
Those of you who are interested in leasing a Hyundai Elantra are in luck. To start the year Hyundai Finance began offering leases on all Hyundai models. Its lease program on the 2007 Elantra is not special, Hyundai Finance's money factor of .00325 is equivalent to an interest rate of around 7.8%, but at least it has a lease program on it now. One might still be able to get a better lease payment by leasing this car through an independent bank, but the fact that Hyundai is at least now offering a lease program on this model bodes well for the possible introduction of an attractive lease on it in the future.
 
Car_man
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#6 of 302 Hyundai Elantra GSL lease 24 months by firstbmw_ga

Apr 28, 2010 (2:45 pm)

Hi Car_man,
 
Elantra GSL has a lease option that expires at the end of month for $159/month (24 months) + 1840 down, for a car with an MSRP of $17,615.
 
I'm not keen on buying the car after 2 years, so residual value is not that important to me.
 
Two questions
- When the manufacturers offers specials like these, is this the best a consumer can get from the dealer ? or there are any other incentives that dealer can do to sweeten the deal ?
- How does these numbers compare with best money factor rate / interest rate / buying prices you have seen for Elantra.
 
Appreciate your input.
 
Thanks.

#7 of 302 Re: Hyundai Elantra GSL lease 24 months [firstbmw_ga] by Car_man HOST

May 17, 2010 (3:28 am)

Replying to: firstbmw_ga (Apr 28, 2010 2:45 pm)
Hi firstbmw_ga. Manufacturers' official advertised lease payments usually aren't bad, but they also usually leave a little meat on the bone so to speak. It makes sense of one thinks about it. Dealers would be more than a little annoyed if automakers advertised the cheapest possible deal on a vehicle. Savvy consumers in an area that has a decent level of competition who comparison shop are usually able to beat the selling prices that were used to arrive at official advertised payments.
 
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Prices Paid: Buying & Leasing Experiences Forum

#8 of 302 Re: Hyundai Elantra GSL lease 24 months [Car_man] by firstbmw_ga

May 17, 2010 (8:38 am)

Replying to: Car_man (May 17, 2010 3:28 am)
Hi Car_man,
 
Thanks for your input... That's precisely what happened in my case.. I found another advertised special ($2595 down + $99/month), and was able to find another dealer to beat that...
 
I leased a Hyundai elantra for $2495 + $92/month ($99.6 including local taxes). So far, I've been very happy with the car.
 
Thanks.

#9 of 302 Re: Hyundai Elantra GSL lease 24 months [firstbmw_ga] by hfranklin

May 24, 2010 (9:55 pm)

Replying to: firstbmw_ga (May 17, 2010 8:38 am)
Hi,
 
Would you mind sharing with me/us where you got that deal? I am in the market for that car right now and it sounds good to me!!!
 
Thanks.

#10 of 302 Re: Hyundai Elantra GSL lease 24 months [hfranklin] by firstbmw_ga

May 25, 2010 (8:14 am)

Replying to: hfranklin (May 24, 2010 9:55 pm)
I live in Atlanta metro area, and leased this car from Hyundai Mall of Georgia.
 
Good luck on your next purchase / lease !!
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