- #2 of 68
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Veracruz Lease
by jak51
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May 14, 2007 (8:23 am)
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Interested in leasing a Veracruz limited FWD for 36 months and 12,0000 miles. What is the current money factor and residual. Also, is a 30 month lease standard for Hyundai?? If so, I will need those numbers.
Thanks
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- #3 of 68
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Veracruz Lease
by fawn1
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May 26, 2007 (4:21 am)
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Is the acquisition fee for a 30 month, 15,000 mile, money factor .00301 lease a negotiable item or must it be paid in a leasing arrangement?
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- #4 of 68
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Re: Veracruz Lease [jak51]
by Car_man HOST
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Jun 15, 2007 (1:28 am)
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Replying to: jak51 (May 14, 2007 8:23 am)
Here's the information that you're looking for, jak51. Hyundai Finance's current buy rate lease money factor and residual value for a 39 month lease (it is featuring 39 months leases instead of 36) of a 2007 Hyundai Veracruz Limited FWD with 12,000 miles per year are .00305 and 48%, respectively. There is also a 30 month lease that has a money factor of .00301 and a residual value of 57%. When negotiating your lease on this vehicle, make sure to take advantage of the $1,000 lease cash and $500 conquest cash that are currently available on it. The conquest cash is available to current owners of a select group of competitive models.
Car_man
Host
Prices Paid Forum
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- #5 of 68
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Re: Veracruz Lease [fawn1]
by Car_man HOST
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Jun 15, 2007 (1:33 am)
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Replying to: fawn1 (May 26, 2007 4:21 am)
Hi fawn1. Hyundai Finance charged an acquisition fee of $595 on every vehicle that it leases. Individual dealers do not have the authority to waive this charge. You can either pay it at lease signing or roll it into your vehicle's capitalized cost to make it part of your lease payment.
Car_man
Host
Prices Paid Forum
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- #6 of 68
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Re: Veracruz Lease [Car_man]
by jrdahl
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Jun 15, 2007 (9:07 am)
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Replying to: Car_man (Jun 15, 2007 1:28 am)
Boy, that doesn't sound competive against some of its rivals like the Mazda CX-7, at 52% and .00138 for 36 months and 15000 miles. Too bad, as I saw it today and liked it
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- #7 of 68
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can you make sense of this lease? please
by randypape
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Jun 27, 2007 (5:21 pm)
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hello,
i'm looking at a 2007 Veracruz GLS with premium pkg and towing pkg. i can lease it for 412.00 -415.00 a month for 30 months. the residual value i was told is 18,462.00 and i would be putting 3000.00 down. the price was $ 27,862.00
does this all add up or come out right? please let me know by e-mailing me at rpape1 wi.rr.com or susan.papege.com
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- #8 of 68
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Re: can you make sense of this lease? please [randypape]
by pegasus17
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Jul 18, 2007 (11:12 am)
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Replying to: randypape (Jun 27, 2007 5:21 pm)
extremely high! lease on veracruz is not competitive right now - may have to wait a bit until the hype settles down. consider $15-$16 per thousand of MSRP as the total monthly lease price before taxes as a good deal...
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- #9 of 68
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Re: can you make sense of this lease? please [pegasus17]
by pegasus17
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Jul 18, 2007 (1:23 pm)
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Replying to: pegasus17 (Jul 18, 2007 11:12 am)
I am updating my own post based on new info rec'd today from a local dealer. The Veracruz GLS (msrp 27120) has a supported lease til the end of july. 24 months/12k per year - 1999 down and 349/month. Includes 1000 HMFC support and the 595 acq fee. Residual is 63% and MF is .00154 with a sell price of 25666; Perhaps the edmunds host can verify this for us???
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- #10 of 68
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Re: can you make sense of this lease? please [pegasus17]
by Car_man HOST
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Jul 26, 2007 (1:34 am)
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Replying to: pegasus17 (Jul 18, 2007 1:23 pm)
Hi pegasus17. According to the latest information that I have seen, Hyundai Finance's July buy rate lease money factor and residual value for a 24 month lease of a 2007 Hyundai Veracruz GLS 2WD with 12,000 miles per year are .00154 and 62%, respectively. There is $1,000 lease cash on this model right now. As you can see, the dealer that you are working with was being very straightforward with you. If you'd like, you can share your thoughts on your sales experience by rating this dealer in the following section of this site: Edmunds.com Dealer Ratings & Reviews.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #11 of 68
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September Lease program details???
by pegasus17
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Sep 08, 2007 (9:46 am)
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Replying to: Car_man (Jul 26, 2007 1:34 am)
Pls provide the details of the NEW lease program for Sept on the new 2008 Veracruz...
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