Last post on Nov 30, 2013 at 11:24 AM
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Hyundai Elantra, Car Leasing, Sedan
#265 of 318 Lease Help--Newbie
Mar 17, 2013 (7:57 am)
Read the previous post on leasing and have a question!
Negotiated hard yesterday for Elantra GT Manual with Touch and Go for $18,400 base model. But for a lease, they insist on increasing the cost of $19,800, with down of $2500, $500 discount, payments of $222 with tax for 3 years, residual $12,400 (not sure what Money Factor # is). Seems like this is not such a great deal. But they claim no negotiating on all this. Any advice for a newbie would be appreciated. Tempted to go ahead and purchase, which with a $7500 down would be $219.
The current lease "deal" in Bay Area on GT is $179 for 24 months--this seemed to have changed since yesterday when they told me $189 for 36 months. But in the color I want, only one available has the Touch & Go, and with that they are increasing payment substantially to $220 (before tax and $500).
Mar 17, 2013 (10:57 am)
One of the dealers I talked about my 2013 elantra lease asked me to send him a scanned copy of my insurance and d. license so he can complete the paperwork. Is this a standard practice? Any suggestion or experiences with this? We were talking about the delivery to my house and he said it would be free and asked if we could wrap up the deal. His offer was:
$219 + tax 6% with $600 down - 24 month 15000 mile 2013 black/beige w preferred package.
How would contract signing even work on distance, any experiences, suggestions?
#267 of 318 Re: Help With Lease Offer Needed! [cali92]
Mar 18, 2013 (1:31 pm)
I got my Elantra and thought I'd share my numbers. My head was spinning so much with these numbers, I did the best I could at negotiating, not as good as others here but I only got 1 rebate, here goes
GLS with preferred package
Sale price 18825
Fees are: bank fee/acq fee 595
Doc fees 540
1st month payment 199
NJ tax 7%
I used competitive rebate 500
I gave them 400 out of pocket and payments are 199 for 24 months
12000 miles a year/money factor .00074/76%residual
#268 of 318 Re: Help With Lease Offer Needed! [sebzx79]
Mar 21, 2013 (5:40 am)
Tried, got a mailer daemon. Any other emails?
#269 of 318 Re: Help With Lease Offer Needed! [driverone2]
Mar 22, 2013 (3:42 pm)
Try again I got emails from other members just fine.
srybicki at comcast dot net
if that does not work same but gmail but I dont check that one often.
#270 of 318 Re: 2013 Elantra GLS w/ preferred auto / money factor [cali92]
Mar 25, 2013 (2:11 pm)
Hi cali92. Hyundai Finance's March buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GLS with 15,000 miles per year are .00098 and 61% for consumers who qualify for its top credit tier.
Hyundai is not offering 24-month leases on this car right now.
Prices Paid: Buying & Leasing Experiences Forum
#272 of 318 Re: 2013 Elantra GLS w/ preferred auto / money factor [dylrex]
Mar 25, 2013 (6:58 pm)
They do and its 76% res with a .00074 money factor on a 12k 24 month lease with top credit.
#273 of 318 Re: Elantra Deal [dylrex]
Apr 08, 2013 (6:20 pm)
I was already excited about the deal I got on my Elantra and it just got even better. I went to the mailbox a couple of days ago and inside was an envelope from the dealership. Inside that envelope was a $500 check for the Auto Show cash that was available. I couldn't believe it. I thought they used any and all incentives to work the deal that I received. What a pleasant surprise!
#274 of 318 Elantra GT
Apr 09, 2013 (8:33 pm)
Could you provide MF and residual for Elantra GT with Touch and Go package please?
Lease 24 months, 12k or 15k miles. Do they provide any extra incentives (beside those on their website)?
I live in Chicago, IL.