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

#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.

#231 of 302 Re: MF and Resid for the LTD [doc_v] by Car_man HOST

Feb 03, 2013 (10:10 am)

Replying to: doc_v (Jan 24, 2013 4:39 pm)
Hi doc_v. Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Elanra Limited with 12,000 miles per year are .00085 and 60% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#232 of 302 Re: Elantra GT [subdrvr] by Car_man HOST

Feb 03, 2013 (10:11 am)

Replying to: subdrvr (Jan 31, 2013 6:33 am)
Hello subdrvr. Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GT with an automatic transmission and 12,000 miles per year are .00103 and 62% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#233 of 302 2013 Elantra GLS by dylrex

Feb 03, 2013 (2:20 pm)

Hi Car_man.
 
Can you please provide me with Hyundai Finance's current buy rate lease money factor and residual value for a 24 and 36-month lease of a 2013 Elantra GLS with 15,000 miles per year?
Also, is there any dealer cash available?
 
Thank you!
 
Tim

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

Feb 04, 2013 (4:35 pm)

Replying to: dylrex (Feb 03, 2013 2:20 pm)
Hi Tim. Hyundai Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GLS with an automatic transmission and 15,000 miles per year are .00081 and 61% for consumers who qualify for its top credit tier.
 
I don't think that Hyundai is currently offering 24-month leases. There isn't any dealer cash that I am aware of on this model either.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#235 of 302 Credit score required for best lease rate? by jenm77

Feb 08, 2013 (3:34 pm)

Does anyone know what the credit score is required for receiving Hyundai's top credit tier? What is the difference between the top tier and second tier in regards to the lease rate?

#236 of 302 Re: Credit score required for best lease rate? [jenm77] by Car_man HOST

Feb 12, 2013 (4:57 pm)

Replying to: jenm77 (Feb 08, 2013 3:34 pm)
Good question jenm77. Hyundai Finance's best available lease money factors are usually available to consumers who qualify for its Tier 1 and Tier 2 credit tiers, consumers who have credit scores of 700+.
 
The money factor increase is pretty steep for Tiers 3 and 4, +.00100.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#237 of 302 2013 Elantra GLS by dylrex

Feb 21, 2013 (7:00 pm)

Hi Car_man.
 
Thank you for providing me with the 36 month numbers. I'd like to compare them to the 24 month. Could you please provide Hyundai Finance's February buy rate lease money factor and residual value for a 24-month lease of a 2013 Elantra GLS with an automatic transmission and 15,000 miles per year?
Thank you.
 
Tim

#238 of 302 Elantra Deal by dylrex

Mar 06, 2013 (8:20 am)

I thought I'd share the deal I closed last night on a '13 Hyundai Elantra GLS w/Preferred Pkg. I think this is a pretty good deal.
  
MSRP: $19,695
Cap cost: $17,420 (including acq. fee)
Money factor: .00074
Residual: .76% ($14,968.20)
Term: 24 months
Payment pretax: $126.13
Total monthly payment w/6% tax: $133.70
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