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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

Messages Page 23 of 31

#221 of 302 2013 Hyundai Elantra GLS by dylrex

Jan 15, 2013 (6:37 pm)

Hi Car_man.
 
Can you please provide me with the money factor and residual for a 3 year lease with 15k per year for an Elantra GLS?
 
Thank you!!

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

Jan 15, 2013 (11:10 pm)

Replying to: Car_man (Jan 15, 2013 4:49 pm)
Car_Man
 
My main concern was the Depreciation Factor of 55%. This is opposed to the 63-66% you've quoted above.
 
55% seems especially low considering they are only preliminary numbers and I've yet to submit to any credit reviews.
 
The monthly payment is $196 per month including tax and includes a $2,000 cap reduction.
 
Could you tell me what the depreciation factor should be with a credit score around 700?
 
Thanks again.
 
Doc_V

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

Jan 16, 2013 (8:10 pm)

Replying to: doc_v (Jan 15, 2013 11:10 pm)
Hi Doc_V
I've been shopping the same vehicle and I found the below numbers on another site. These numbers are for 15k miles a year. The residual would be 2% higher with 12k miles a year.
 
2013 HYUNDAI ELANTRA GLS AT
36 Month – Residual 61% off MSRP – .00082 Base Rate
 
After seeing Car_man's response to your question, I'm a bit confused.

#224 of 302 Jan 2013 MF and Residual by doc_v

Jan 21, 2013 (12:15 am)

Just a heads up for anyone who's interested. The offer I've been given on a GLS with auto and Preferred Pkg. was a MF of .00082 and residual value of 63%. Sale price is $17,179.

#225 of 302 Re: Jan 2013 MF and Residual [doc_v] by dylrex

Jan 21, 2013 (7:20 am)

Replying to: doc_v (Jan 21, 2013 12:15 am)
What's the sticker price and how many miles per year? Also, does the sales price include any dealer cash?

#226 of 302 Re: 2013 Hyundai Elantra GLS [dylrex] by Car_man HOST

Jan 21, 2013 (2:08 pm)

Replying to: dylrex (Jan 15, 2013 6:37 pm)
Hello dylrex. Hyundai Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra Sedan GLS with an automatic transmission and 15,000 miles per year are .00081 and 61% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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

Jan 21, 2013 (2:11 pm)

Replying to: doc_v (Jan 15, 2013 11:10 pm)
Hi Doc_V. It's strange that the residual value would be any different than what Hyundai Finance has published. Dealers really do not have the ability to alter banks' residuals.
 
Your credit score should not have any impact upon the residual value, just the money factor.
 
The residual value for a 36-month lease of a 2013 Elantra GLS with Auto and 12,000 miles per year should be 63%. If your vehicle's residual value is significantly different than this make sure to ask the dealer why that is the case.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#228 of 302 Re: Jan 2013 MF and Residual [dylrex] by doc_v

Jan 22, 2013 (9:42 pm)

Replying to: dylrex (Jan 21, 2013 7:20 am)
The MSRP was $19,650 and 12,000 miles per year. The selling price did include a $775 destination charge.

#229 of 302 MF and Resid for the LTD by doc_v

Jan 24, 2013 (4:39 pm)

I'm considering a 2013 Limited and was curious what the MF and Residual Value are for a 3 year lease with 12k miles per year and an MSRP of $22,020.

#230 of 302 Elantra GT by subdrvr

Jan 31, 2013 (6:33 am)

Hi Car Man,
 
I would appreciate it if you could provide me with
money factor and residual for 13' Elantra GT with touch and Go package (MSRP-$21340) and with Style Package (MSRP-$23140). 12,000 miles-36 months. I'm in the Detroit area.
 
Thanks in advance.

Messages Page 23 of 31

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