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2014 Hyundai Santa Fe Lease Questions

Kirstie_HKirstie_H Posts: 10,890
edited February 18 in Hyundai
Welcome to Edmunds discussion dedicated to 2014 Hyundai Santa Fe leasing questions.
Here you can find and discuss all the latest lease details for the 2014 Santa Fe, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Hyundai Santa Fe page.

To see all forums discussions about the Hyundai Santa Fe, including earlier model years, please visit our list of Hyundai Santa Fe discussions.

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Comments

  • I think I just got a GREAT deal. What do you think?

    2014 Hyundai Santa Fe Sport
    2.4L FWD
    with the popular equipment package
    36 mo / 12k miles
    Taxes/Fees Down - $2,300
    $250/mo

    It only took 6 hours at the dealership (still here!) but seems well worth it!
  • Could I get the December residual and money factor for a Santa Fe Limited with AWD on 10k and 12k miles? The lease term is 36 months. Thanks in advance.

  • kyfdxkyfdx Posts: 29,115

    @1markymark said: Could I get the December residual and money factor for a Santa Fe Limited with AWD on 10k and 12k miles? The lease term is 36 months. Thanks in advance.

    2014 Santa Fe Limited AWD 36mo, 12K/yr lease

    .0010 MF and 59% residual

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  • rjorge3rjorge3 Posts: 139

    Hi carman, and happy holidays...can you provide me with the residuals and money factor for the following: 2014 Santa FE sport AWD with tech package, 36 months, 12k and 15k 2014 Santa FE sport Turbo (2.0) with Tech Package, 36 months, 12k and 15k miles Also, are they any incentives I should be looking at. I dont own a Hyundai, nor I am in the military or a student (maybe I should go back to school just to buy this car :>))) Thanks carman

  • kyfdxkyfdx Posts: 29,115

    2014 Santa Fe Sport AWD 36mo, 12K/yr lease

    .00114 MF and 61% residual. Subtract 2% for 15K/yr

    The turbo has a lower money factor of .00068

    I'm not aware of any specific incentives on that model.

    kyfdx

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  • isles1isles1 Posts: 110

    carman:

    Looking for current MF and residuals for GLS and Limited AWD 36 months 12K miles. Thank you in advance!

  • kyfdxkyfdx Posts: 29,115

    Hyundai numbers expire today... It will probably be a week or so, before we get the new numbers.

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  • roncoronco Posts: 6

    I have a weird question for the group. I emailed a local dealer in Northern Virginia for a lease estimate on a Santa Fe Sport based on their advertised internet sale price. They sent me back a lease quote based instead on MSRP. When I responded to clarify that I wanted to use their sale price as the estimate basis, the sales manager told me their finance department only do leases using MSRP, and she sounded like she thought that was completely normal and that she would specifically have to ask if it was possible to lease on a negotiated sale price.

    Is this some weird Hyundai finance thing? Has anyone else run across this with a Hyundai dealer?

  • kyfdxkyfdx Posts: 29,115

    A lot of people don't understand leases, including some sales people. Some portions of a lease are based on MSRP (the residual). In some dealerships, the sales people just tell the finance person what unit that the customer wants, and finance chooses a selling a price, plugs the numbers into the computer and spit out a monthly payment number.

    It's all part of the plan to obfuscate the facts and give the consumer as little information as possible. Keep shopping until you get someone that will communicate with you, on your terms.

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  • tf71307tf71307 Posts: 2

    Do you have the March numbers for a 12k and 15k lease, 36 months on a Santa Fe Sport AWD w/ 2.4L engine? Looking for residual and money factor for tier 1. Thanks in advance!

  • kyfdxkyfdx Posts: 29,115

    @tf71307 said: Do you have the March numbers for a 12k and 15k lease, 36 months on a Santa Fe Sport AWD w/ 2.4L engine? Looking for residual and money factor for tier 1. Thanks in advance!

    .00096 MF and 60% residual for 36mo, 12K/yr. 58% residual for 15K/yr.

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  • Firstly, thanks to everyone contributing to this forum community! It proved to be an invaluable resource when researching our current lease.

    Shopping for a lease on a Santa Fe Sport 2.0T, AWD, tech pkg, 36 months, 15K mi/yr, tier 1 in NJ and need to know what the numbers and any incentives are this month. Thanks in advance!

  • kyfdxkyfdx Posts: 29,115

    @casperspooks said: Firstly, thanks to everyone contributing to this forum community! It proved to be an invaluable resource when researching our current lease.

    Shopping for a lease on a Santa Fe Sport 2.0T, AWD, tech pkg, 36 months, 15K mi/yr, tier 1 in NJ and need to know what the numbers and any incentives are this month. Thanks in advance!

    .00050 MF and 58% residual. There are some incentives this month, but I'm not sure if they apply to leased vehicles.

    $750 retail cash and $750 HMF bonus cash.... I'm sure the HMF cash is only for financed vehicles, but not sure about the retail cash. There is no lease cash on this model.

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  • candemcandem Posts: 1
    edited March 21

    Thanks for all the info. I am looking for the money factor and residual on a Santa Fe Sport FWD fully loaded with Tech package. I have been quoted a MSRP of $33,665 and the discount brings it to $30,978. MF .00113 and residual of 59% which seems a bit high to me? 12k over 36 months, Tier 1. Does Hyundai offer a lower mileage lease? say 10k?

  • sr287679sr287679 Posts: 3

    Hi guys!! This thread alone has been so helpful in negotiating. I think I got a good deal on my 2014 Santa Fe Sport 2.0T, AWD, with Navigation package. Got the selling price down to $32K taxes, fess, etc. 36 months, 15k miles a year, Money factor .0005. They gave me a residual of $20,450 which gives me a residual of 64% which seems really high. Is that a good or a bad thing? I have no intention of purchasing this vehicle at the end of this lease. Thanks in advance!

  • kyfdxkyfdx Posts: 29,115

    @candem said: Thanks for all the info. I am looking for the money factor and residual on a Santa Fe Sport FWD fully loaded with Tech package. I have been quoted a MSRP of $33,665 and the discount brings it to $30,978. MF .00113 and residual of 59% which seems a bit high to me? 12k over 36 months, Tier 1. Does Hyundai offer a lower mileage lease? say 10k?

    Money factor is either .00036 for the turbo, or .00073 for non-turbo in FWD models. I'd guess they are marking up your money factor for extra profit.

    I'm not sure if Hyundai offers a 10K/yr lease, but I don't think they do..

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  • kyfdxkyfdx Posts: 29,115

    @sr287679 said: Hi guys!! This thread alone has been so helpful in negotiating. I think I got a good deal on my 2014 Santa Fe Sport 2.0T, AWD, with Navigation package. Got the selling price down to $32K taxes, fess, etc. 36 months, 15k miles a year, Money factor .0005. They gave me a residual of $20,450 which gives me a residual of 64% which seems really high. Is that a good or a bad thing? I have no intention of purchasing this vehicle at the end of this lease. Thanks in advance!

    The residual is a percentage of MSRP, not selling price..

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  • sr287679sr287679 Posts: 3

    Ok thanks, that seems more reasonable. Got the lease this past weekend and haven't looked back, I love my SFS! The turbo is such a must!

    @kyfdx@Edmunds said: The residual is a percentage of MSRP, not selling price..

  • MichaellMichaell ColoradoPosts: 5,517

    @sr287679 said: Ok thanks, that seems more reasonable. Got the lease this past weekend and haven't looked back, I love my SFS! The turbo is such a must!

    Congratulations - what were your final numbers?

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  • It would be appreciated if anyone can post some numbers of their deals, especially monthly payment.

  • jonlevy504jonlevy504 Posts: 5

    Hi,

    Was wondering if you had residuals and MFs for a Santa Fe Sport FWD fully loaded with Tech package (non-turbo version... just the standard 2.4L I4).

    Thanks!

  • jonlevy504jonlevy504 Posts: 5

    Sorry - should have mentioned before that I'm looking for a 12K, 36 month lease (believe that Hyundai doesn't do 10K leases, so 12K is what I'm forced to go with).

    @jonlevy504 said: Hi,

    Was wondering if you had residuals and MFs for a Santa Fe Sport FWD fully loaded with Tech package (non-turbo version... just the standard 2.4L I4).

    Thanks!

  • kyfdxkyfdx Posts: 29,115

    @jonlevy504 said: Hi,

    Was wondering if you had residuals and MFs for a Santa Fe Sport FWD fully loaded with Tech package (non-turbo version... just the standard 2.4L I4).

    Thanks!

    .00073 MF and 59% residual.

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  • bjessupbjessup Posts: 2

    @kyfdx%40Edmunds said: .00073 MF and 59% residual.

    Does this apply to all 2.4L FWD Santa Fe's regardless of the options or what package is on the car?

  • MichaellMichaell ColoradoPosts: 5,517

    @bjessup said: Does this apply to all 2.4L FWD Santa Fe's regardless of the options or what package is on the car?

    Yes.

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  • pinksnyperpinksnyper Posts: 35

    @kyfdx@Edmunds said: .00073 MF and 59% residual.

    Do you by any chance have April numbers for a Sport FWD 2.4 with a 15k/year 36 month lease?

  • searchinginsdsearchinginsd Posts: 7
    edited April 19

    What do the lease numbers look like for 2014 Santa Fe GLS w/AWD - 36 month, 36k miles (if have lower than 12k that would work as well)

  • MichaellMichaell ColoradoPosts: 5,517

    @searchinginsd said: What do the lease numbers look like for 2014 Santa Fe GLS w/AWD - 36 month, 36k miles (if have lower than 12k that would work as well).

    .00061 MF and 61%. I don't believe Hyundai does 10K miles per year leases.

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  • wahoonkswahoonks Omaha, NEPosts: 5

    Looking for lease numbers for 2014 Santa Fe Sport, AWD & FWD, Turbo with Nav. 12k miles, 36 mo.

  • wahoonkswahoonks Omaha, NEPosts: 5

    Also, is a good purchase price running about -7.5% off MSRP?

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