302 messages,
Last post on May 14, 2013 at 6:16 AM
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Hyundai Elantra Forum.
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Hyundai Elantra, Car Leasing, Sedan
#236 of 302 Re: Credit score required for best lease rate? [jenm77]
by Car_man HOST
Feb 12, 2013 (4:57 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
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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
#239 of 302 Re: Elantra Deal [dylrex]
by cali92
Mar 06, 2013 (8:33 am)
That sounds like a great deal, I have been considering a Elantra. Did you put a down payment or any out of pocket costs?
Thanks
#240 of 302 Re: Elantra Deal [dylrex]
by cali92
Mar 06, 2013 (8:42 am)
Also, is that an automatic?
Thanks
#241 of 302 2013 Elantra GLS w/ preferred auto / money factor
by cali92
Mar 06, 2013 (9:30 am)
Hi Car man,
I am considering the GLS/preferred package automatic. What is money factor and residual for March for top tier credit? I would like 24 or 36 months. I am in NJ. Any other input would be great, like a target price.
Thanks
#242 of 302 Re: Elantra Deal [cali92]
by dylrex
Mar 06, 2013 (1:12 pm)
There was $723.70 required at signing but I was able to use my $500 loyalty rebate and only wrote a check for $223.70. Yes, it is an automatic.
#243 of 302 Re: Elantra Deal [dylrex]
by bunksc
Mar 10, 2013 (4:08 am)
Hi there. Would you mind sharing the name and location of the dealer you got this fantastic deal from? Thank you.
#244 of 302 Re: Elantra Deal [bunksc]
by dylrex
Mar 10, 2013 (6:40 pm)
Sure. The initial price quote came from Superior Hyundai in Fairfield, Ohio but I ended up closing the deal with Kerry Hyundai in Alexandria, Kentucky. Superior's payment kept coming out close to $25 dollars higher than what it should have according to my calculations. Despite several unsuccessful attempts to find out why it was higher from the dealer, I discovered that it was an additional $585 worth of paint and fabric protector that had already been added to the car that they were adding to their cap cost. Because I felt they were trying to be deceptive, I contacted Kerry Hyundai and asked if they would match it. Everything was done via email and was painless. I'm very happy with the deal.
Good luck!
#245 of 302 Re: Elantra Deal [dylrex]
by bunksc
Mar 10, 2013 (6:48 pm)
Thank you!