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Hyundai Veracruz Lease Questions

68 messages,  Last post on Aug 14, 2009 at 6:30 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Hyundai Veracruz, Car Leasing, Car Buying, SUV


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#41 of 68
Jan -08 Veracruz Lease Special by greymattre
Jan 06, 2008 (6:43 am)
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Does anyone know the specifics of the January '08 Veracruz lease special?
 
The HyundaiUSA website shows a $299/month lease on the GLS FWD, but does not give any more detail. For other trims, it says call dealer.
 
Are they putting a rebate on the MSRP, giving a low finance rate or what?
#42 of 68
Think I got a good lease payment by gunner599
Jan 10, 2008 (5:31 pm)
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I have been quoted on a 2008 Hyundai Veracruz GLS lease with 15,000 miles/yr, a monthly payment of $356. This is with only $1500 due at signing (includes first months payment). This is as low as I could find in my area.
 
Is this a good deal? I need to know soon because current vehicle lease is expiring.
 
MG
#43 of 68
Re: Think I got a good lease payment [gunner599] by gunner599
Jan 11, 2008 (7:02 pm)
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Replying to: gunner599 (Jan 10, 2008 5:31 pm)

Correction, I just went to a local dealer and he beat the price in my previous post. The monthly on the lease is $323 and all the other items remain the same (15k/yr, 24 mo. lease, $1500 at signing).
 
This seems like it would be hard to beat on such a new 2008 Veracruz but I need to know if someone has gotten a better deal?!
 
MG
#44 of 68
Re: Think I got a good lease payment [gunner599] by floridacolt
Jan 13, 2008 (8:34 am)
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Replying to: gunner599 (Jan 11, 2008 7:02 pm)

Be sure to go to their website. Do you really need the 15k? If unsure, go with 12k. It will lower your payment. If not sure, see how much they charge per mile then estimate how much you might go over. See what the difference is between your monthly payment w/12k and w/15k over the term of the lease. Now compare the figures between what you estimate you'll go over and the savings over the term of the lease. Does the $323 include sales tax? If so, sounds like you have a decent deal. Remember, check the deal on their website because they had a $249 (or near that) and a $299 lease in December. Difference was amount of down payment. Good luck. I ended up going with Mazda CX-9 because Hyundai wouldn't deal on the SE and I wanted homelink that was factory installed and also like having dual air zone. Hyundai is anxious to get the GLS out on the road. I read in paper that they are anticipating good sales growth in 2008 but 2007 didn't fare as well as they hoped.
#45 of 68
Re: Think I got a good lease payment [floridacolt] by gunner599
Jan 13, 2008 (2:58 pm)
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Replying to: floridacolt (Jan 13, 2008 8:34 am)

floridacolt,
 
Thanks for the reply. I actually got them to finalize at $315/mo. (includes sales tax) and a big part of what I wanted was very little cash out of pocket for a lease. It does seem like a good deal and I don't see them going much lower in the future if sales catch on.
#46 of 68
Re: Think I got a good lease payment [gunner599] by tifighter
Jan 16, 2008 (3:16 pm)
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Replying to: gunner599 (Jan 13, 2008 2:58 pm)

2WD or AWD?
#47 of 68
Re: Jan -08 Veracruz Lease Special [greymattre] by Car_man HOST
Jan 24, 2008 (3:51 am)
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Replying to: greymattre (Jan 06, 2008 6:43 am)

Hi greymattre. I am familiar with the advertised payment that you are referring to. Hyundai is currently providing a $1,000 cash incentive on leases of the 2008 Veracruz that was used to reduce the capitalized cost of the advertised vehicle. It is also providing special lease money factors on this truck. Hyundai Finance's current 24 month buy rate lease money factor for the 2008 Veracruz GLS FWD is .00145. Let me know if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#48 of 68
Re: Jan -08 Veracruz Lease Special [Car_man] by steevo
Jan 26, 2008 (10:43 am)
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Replying to: Car_man (Jan 24, 2008 3:51 am)

Car_man,
Do you know the Residual on that 24 month Veracruz?
Also is Hyundai only providing lease support on GLS model?
#49 of 68
'08 Veracruz Limited FWD: Signing lease by 2/29 by brennerb
Feb 11, 2008 (2:55 pm)
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Have begun the "enjoyable" process of contacting dealers re: a 2008 Veracruz Limited FWD and have been told that Hyundai is not "anxious" to lease these (vs. financing them) and have no programs running right now. Was quoted $540/month for the car (3/36) with no other options.
 
Does anyone have any different information?

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