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

#194 of 302 2013 Elantra GLS w/Preferred Package. by williemc1

Jul 23, 2012 (8:44 am)

Hi:
 
I just leased a 2013 Elantra GLS w/Preferred Package from Keith Hawthorne Hyundai in Charlotte, NC. Did all the work via email and phone. Spent less than one hour in dealership for test drive and paperwork. Here's the deal.
 
36 month, 12000 mile lease.
 
No Money Down, they made the first payment.
 
MSRP 19890.
ADJ. CAP cost 20558.50 19890+69(tags)+599.50(Doc Fee)
Residual Value 13071.70 (64%)
Money factor .00178
Payments 267.83+8.03(3% Tax)= $275.86
 
Also, they made my last payment on my Camry Lease. ($355)
 
Any thoughts?
 
Thanks,

#195 of 302 GLS hyundai elantra 2013 by totolin123

Jul 31, 2012 (8:46 pm)

Hi all. I want to ask about my experience with leasing a car today.
The MSRP of the elantra 18650. They agreed to no down payment, but 200$ per month for 39 month.
After we agree to this price, they took me to another room for signing papers. At this time they brought out some "wear&tear protection waiver (100 dectible, 500 single event limint)", some maintenance plan, and adding an alarm. For those three items, they asked for 45$/month extra. I felt like they ambushed me with this price and I said, maybe 30$/month? they agreed immediately. They made me feel a little uneasy. They also mentioned a 400 disposition fee at the end of lease.
So in the end I get 230/month x 39 month + 400 disposition fee. Do you think I got a good deal? Is the 30$/month fee addition is some kind of gimmick? Thanks.

#196 of 302 Re: GLS hyundai elantra 2013 [totolin123] by steevo

Sep 12, 2012 (6:13 pm)

Replying to: totolin123 (Jul 31, 2012 8:46 pm)
No gimmick, they offered you a bunch of items for 45 per, you negotiated to 30. So 30 dollars x 39 payments = 1170. So you paid 1170 for the items.

#197 of 302 2013 Coupe numbers by steevo

Sep 13, 2012 (5:17 am)

Car_man,
Do you have the latest MF and residuals for the Hyundai Elantra Coupe GS and SE , 36 months, 12000 miles?
Thank you..

#198 of 302 Re: 2013 Coupe numbers [steevo] by steevo

Sep 16, 2012 (5:54 pm)

Replying to: steevo (Sep 13, 2012 5:17 am)
Car_man,
Do you have the latest MF and residuals for the Hyundai Elantra Coupe GS and SE , 36 months, 12000 miles?
Thank you..

#199 of 302 2013 Elantra Coupe by steevo

Sep 26, 2012 (7:40 am)

Does anyone have lease numbers I can use? See previous posts for terms..

#200 of 302 Re: 2013 Coupe numbers [steevo] by Car_man HOST

Sep 26, 2012 (1:36 pm)

Replying to: steevo (Sep 13, 2012 5:17 am)
Hi steevo. Hyundai Finance's September buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra Coupe GS with 12,000 miles per year are .00180 and 68%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a '13 Elantra Coupe SE are .00194 and 66%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#201 of 302 Re: 2013 Coupe numbers [Car_man] by steevo

Sep 26, 2012 (6:27 pm)

Replying to: Car_man (Sep 26, 2012 1:36 pm)
Thanks!

#202 of 302 Planning on leasing Elantra limited by bravely

Oct 01, 2012 (12:34 pm)

I have never leased b4 and don't know much about is past negotiating a selling price first. Car Man, could you give insight for me on this . I know what residual value is but not much past that.
Thank you, Nessie

#203 of 302 Re: Planning on leasing Elantra limited [bravely] by steevo

Oct 01, 2012 (3:58 pm)

Replying to: bravely (Oct 01, 2012 12:34 pm)
http://www.edmunds.com/car-leasing/
Negotiate best selling price for car. Use a lease calculator to determine payments.
Knowledge is power when negotiating. All the information you are asking for is already in great detail in articles found here on edmunds, and you can also read through the leasing forums. The most active forums have the most information. I use the calculator on the following website, which also has some good leasing info.
www.leaseguide.com
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