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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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#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?
#50 of 68
Re: Jan -08 Veracruz Lease Special [steevo] by Car_man HOST
Feb 28, 2008 (2:19 am)
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Replying to: steevo (Jan 26, 2008 10:43 am)

I sure do, steevo. Here you go. Hyundai Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Hyundai Veracruz GLS 2WD with 15,000 miles per year are .00145 and 65%, respectively. The numbers for an otherwise identical lease of an '08 Veracruz GLS AWD are .00160 and 66%. If you were to lease with only 12,000 miles per year, this truck's residual values would be 1% higher. When negotiating your lease, make sure to take advantage of the $1,000 lease cash that Hyundai is currently providing on this model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#51 of 68
Re: '08 Veracruz Limited FWD: Signing lease by 2/29 [brennerb] by Car_man HOST
Feb 27, 2008 (9:26 pm)
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Replying to: brennerb (Feb 11, 2008 2:55 pm)

Greetings brennerb. $540 per month for a Hyundai . That's nuts. Hyundai is running a special lease program on the Veracruz right now. Let's work up a sample lease payment on a base model just to get an idea of what the payment on one would be like. According to my calculations, if you were to lease a 2008 Hyundai Veracruz Limited FWD that has an MSRP of $36,445 and a selling price of $33,336 ($500 over dealer invoice minus the $1,000 lease cash) through Hyundai Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $529. Wow, sure enough, that's pretty close to the payment that you were quoted. Sheesh, that's BMW / Mercedes-Benz territory. Forget about leasing this truck.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#52 of 68
Re: '08 Veracruz Limited FWD: Signing lease by 2/29 [Car_man] by brennerb
Feb 28, 2008 (5:33 am)
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Replying to: Car_man (Feb 27, 2008 9:26 pm)

Actually, this month's program (expires tomorrow 2/29) isn't bad for a 24-month lease of the Limited ($2,499 down, $439/month) based on an MSRP of $34,745 (incl. Dest.). The best I was quoted so far for 36 months (based on same MSRP) is $455/month with close to $3,200 down. I'll try to get those numbers down.
#53 of 68
Re: Please verify and update Veracruz (VC) lease data [pegasus17] by cjkbme2w
Mar 13, 2008 (7:43 pm)
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Replying to: pegasus17 (Oct 15, 2007 8:39 am)

Is it possible to get a copy of your spreadsheet? If so, please send to
 
ckunitskyyahoo.com
 
I am new to leasing and it would take me forever to put this together
 
Sincererly,
Craig
#54 of 68
Re: Need Quick Response [Car_man] by cjkbme2w
Mar 13, 2008 (7:46 pm)
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Replying to: Car_man (Nov 19, 2007 2:50 am)

Car_Man
 
Where can I find the most current money factor and residual factors.
 
Thanks,
Craig
#55 of 68
Re: Please verify and update Veracruz (VC) lease data [cjkbme2w] by pegasus17
Mar 15, 2008 (3:05 pm)
Reply

Replying to: cjkbme2w (Mar 13, 2008 7:43 pm)

Sent yesterday; did you get it?

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