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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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#55 of 68
Re: Please verify and update Veracruz (VC) lease data [cjkbme2w] by pegasus17
Mar 15, 2008 (3:05 pm)
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Replying to: cjkbme2w (Mar 13, 2008 7:43 pm)

Sent yesterday; did you get it?
#56 of 68
Advise on leasing Veracuz Limited FWD by men2000
Mar 16, 2008 (11:36 am)
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To the Host, first of all I thought the information post on this Forum is very good.
 
     I'm in Texas and this is my first time leasing a vehicle so I just try to assemble what information that I need to know before making a decision. I have been looking at the Veracruz Limited FWD and consider leasing this vehicle. I have read the comment post on this forum and kind of getting the idea what information is important (but not everything.)
        The vehicle I am looking at is a 2007 Veracuz Limited, MSRP $32305 and saling price $28,000 (the vehicle has 6000 miles on it already). Would it better to lease 2007 or a 2008 model?
 
         The dealer said I can do a lease with just a down payment of 1 month lease. I want to do 24 month lease with 12,000 miles/year. What is the current money factor and Residual Value for the Limited? What is a fair monthly payment for leasing a Veracuz Limited ( assumed 1 month down payment)?
#57 of 68
Re: Advise on leasing Veracuz Limited FWD [men2000] by perrin75
Mar 25, 2008 (10:28 am)
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Replying to: men2000 (Mar 16, 2008 11:36 am)

I'm very new to leasing and I am trying to understand the Hyundai lease offer that is currently available for the VeraCruz. According to their website the deals are $299/month for 24 months, $2,200 customer cash down plus $1,000 HMFC origination support, and $2,499 due at lease signing.
 
So, if I am reading this correctly I must have $4, 699 (+1,000 cash back bonus) at the signing? Also, if I negotiate to reduce the price of the car down from $26,900 (assuming that is the sticker price for the model with the lease special) will that in turn reduce the amount of money I will need to have at signing?
#58 of 68
Re: Advise on leasing Veracuz Limited FWD [perrin75] by pegasus17
Mar 25, 2008 (12:17 pm)
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Replying to: perrin75 (Mar 25, 2008 10:28 am)

2499 = sum of 2200 (customer cash) plus 299 (first month payment); HMFC contributes 1000 to reduce overall cost - this usually covers the 595 acquisition fee plus another 405 of CCR (cap. cost reduction). Try to get a better price on the vehicle to reduce the initial down payment...It is NEVER smart to put too much down on a lease (any more than 600 out the door is overkill IMO)...good luck
#59 of 68
Re: '08 Veracruz Limited FWD: Signing lease by 2/29 [Car_man] by argento
Apr 25, 2008 (9:13 am)
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Replying to: Car_man (Feb 27, 2008 9:26 pm)

I was also looking at leasing this vehicle. At $540/month, it is more than what I have been offered to lease an Acura MDX base ($510/month - no money down).
 
R
#60 of 68
Re: Jan -08 Veracruz Lease Special [Car_man] by tfulmino
Jul 09, 2008 (5:55 pm)
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Replying to: Car_man (Feb 28, 2008 2:19 am)

car_man:
 
I was wondering if you knew the current lease specials, if any, on the FWD Limited.
 
Thanks!
#61 of 68
Re: Jan -08 Veracruz Lease Special [tfulmino] by Car_man HOST
Jul 24, 2008 (2:45 am)
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Replying to: tfulmino (Jul 09, 2008 5:55 pm)

Hi tfulmino. Unfortunately, Hyundai is not currently providing lease support on the 2008 Veracruz. As a result, you would be better off paying cash for or financing one through an independent bank right now. If you decide to go that route, make sure to take advantage of the $1,500 customer cash and $2,000 dealer cash ($3,500 total) that are currently available on this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#62 of 68
Leasing by eclaixp
Dec 02, 2008 (5:18 pm)
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Has anyone recently leased a 08 VC FWD GLS , SE, or LTD? If so, what seems to be the current residual and money factor? I'd like to give as little down payment as possible such as $1000. I'm in South FL. Would it be possible to lease a 08 GLS FWD for $275 / 36 months / 12k miles / $1000 down?
#63 of 68
2008 GLS FWD money factor/residual? by njbloke
Mar 15, 2009 (1:05 pm)
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Afternoon,
 
I am interested in leasing a 2008 (no 2009 on lots (???) GLS FWD for a 3 year 36K lease. Can you please let me know what the money factor and residual are? I am unsure if Hyundai Finance is running any programs on this car. MSRP is 27,795 and they are currently offering a 4K rebate. Thanks much - great forum.
#64 of 68
Re: 2008 GLS FWD money factor/residual? [njbloke] by Car_man HOST
Apr 01, 2009 (3:16 am)
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Replying to: njbloke (Mar 15, 2009 1:05 pm)

Greetings njbloke. Hyundai is not currently offering lease support on the Veracruz. Without support, leasing one doesn't make much sense. You probably would be better off taking advantage of the huge cash incentive that is available on this truck and financing it through an independent bank. In March, Hyundai was offering $4,000 consumer cash on the '08 Veracruz. It is scheduled to announce its April (man I can't believe that it's already April) programs later today. Please feel free to check back with me and I will provide you with an update on what the new programs on this model are like.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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