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Hyundai Sonata Lease Questions

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  • I had a question, people are saying the Residual value for 12,000 and 15,000 miles are all the same 58%. That doesn't seem right?
  • fdic47fdic47 Posts: 4
    I got 57% on 12,000 a yr. My pyt would be about $6 more more for 15,000. Figure about 1% difference. The big part if you go over it will be 20 cents per mile for over mileage. I had a 2009 Sonata with 27 month lease and at the end it only had 19,000 miles. My bye out was $12,500 and we bought it for my daughter. I also like the ride in the limited better and the interior is nicer.
  • I'm not sure if that makes sense? o.O Car_man quoted lease on a 15000 mi 36 month lease on a SE Turbo is 58%, if a 12000 is 57%, that means I pay more for 12k?
  • I live in Mass and this is what I have been told for a Sonata Limited
    money factor: .00031
    resid: 55%
    ac fee is $595
    12,000 miles .

    Payments are 299 down 299 a month. 2000 down 250 a month.

    Not I have a trade which I have not brought into the picture
    2006 Sonata lx w 60k and in very good shape owing 4800

    I am not sure if this is a good deal. I have received all these figures sitting at my desk and have ventured to a couple dealers to test drive.
  • slim18slim18 Posts: 1
    I am looking at a 2011 hyundai sonata, limited, turbo with navigation, ipod cable, floor mats, cargo tray and wheel locks. With 2,000 down and 500.00 loyalty rebate, and including Govt. fees and taxes my purchase price is 27221.81. At 72 months with 3.9%, my payments will be 424.65. I can lease this vehicle. The MSRP is 30,390. Price is 28,114, residual is .56, residual value is 17018.40. With 2500 down and Govt. fees and taxes, my lease payment is 298.98 for 3 years and 15k miles per year. Any ideas whether this is a good deal? Leasing this car seems the way to go for me. Any suggestions? Thank you!
  • Anyone know what lease prices I can expect for a '11 SE 2.0T with Nav Package? Will be looking to lease in the next month or so. Would like to put down not more than a $1,000 all inclusive, and I live in the Tri-State Area.

    Any help would be appreciated.

    Thanks
  • fred144fred144 Posts: 22
    Do you want to pay for 6 years on this car and spend $31000 or lease 3yrs. app. $9700 before taxes and if you want to buy then at $17018.40 you will only spend $26738.40. My car w/o nav. was $25500 with other euip. the same plus a tire and wheel warranty and paint and leather sealant. My residual was 57% $500 owner loyalty $4500 trade. I'm paying $209 month 3yr 12K in Doylestown Pa Fred Beans Hyundai
  • fred144fred144 Posts: 22
    Figure about $325 3yr 12k. If you need any help I know the dealer I use is very aggressive to give the best deal. There are a few that are real thieves and real whores.
  • seancar1seancar1 Posts: 1
    Hello,

    I live in So. California and I'm looking to lease a loaded Hyundai Sonata Turbo Limited.

    2011 Sonata Limited Turbo w/ leather, nav, sunroof (etc.) and excessive wear protection
    I'm looking to put:
    $2500 -- down
    12k miles
    36mos

    What is a good out the door price for something like this?

    Thanks for the help!
  • shukimshukim Posts: 1
    Just leased a 2011 Sonata SE 2.0T
    $270 down incl EVERYTHING
    $270/mo for 12K/yr @ 36mos
  • hb_jphb_jp Posts: 4
    shukim

    What state are you located in? I'm in southern California. Looking for SE 2.0T base. I'm having trouble getting to that number with the dealers here. So far I've got a selling price of $23,200 + acq fee which would be $680 CA dmv & 1st mo's payment and pymt around $282. I don't qualify for the loyalty, military or college rebates.

    thanks!
  • What state are you? and what dealer?
  • fred144fred144 Posts: 22
    I'm in PA and I only go to Fred Beans in Doylestown, PA. I got the Limited Turbo. It was a better lease deal. Originally was just getting Limited 2.4. They had the exact car in Venetian Red w/ tan leather in Turbo and it had a 2% better residual. I actually leased it for less. MSRP $28365 $15931.50 (57% residual) on $27950 with mats, ipod cable, cargo net. Also added bumper applique, wheel locks, mud guards, paint and fabric sealant, and a tire and wheel road hazard warranty. I got $500 owner loyalty. I traded a 2000 Pontiac Sunfire w/ 85k for $3000 (it was worth $1500). Iam leasing 3yrs 12K yr for $208.99 w/ tax (9% on lease in PA). This is everything inc. registration. This is our 10th car from them since 12/01. (8 Hyundais and 2 Nissans). The Limited has a softer ride and anicer interior w/ heated leather seats and a sunroof a better radio w/ 6cd changer.
  • nychojinnychojin Posts: 1
    I'm actually trying to figure out the math myself...I'm also looking at the Sonata 2.0T with navigation (no other extras), but I want to roll the down payment into the lease payments (with no trade-in). Any ideas on what my payments should look like?
  • What are march 2011 money factor and residuals for 3 year 36000 mile lease on sonata turbo limited
  • May I ask what State you live and dealer you used.
    Thanks
  • Fred144

    What dealer did you use
  • jdb44jdb44 Posts: 2
    Good or bad deal?

    2011 Sonata SE w/ Sunroof and Navigation package. $3500 trade + $500. 36 mth 15k. Oil change package. Cables, mats, nets included. Final payment 299/mth.

    Any feedback is appreciated. Thanks, JBua
  • Does anyone know the money factor and residual values for the month of March on a Sonata Limited Turbo in California?

    I'm trying to get a lease for less then $330 /mo with 36 mo 15k /yr with no more then $1000 to cover fees. I qualify for the $500 customer loyalty rebate but does this sound reasonable or am I asking too much?
  • fred144fred144 Posts: 22
    I think it's a little high $259 sounds more like it.
  • fred144fred144 Posts: 22
    You probably need another $1500 down.
  • joshcs1joshcs1 Posts: 9
    When I go to lease, should I go for lowest monthly or lowest total cost first?
  • From what I've read, it's best to negotiate the price of the vehicle first. Then work on your payment from there
  • jdb44jdb44 Posts: 2
    Should have brought you with me. Should I feel hosed?
  • fred144fred144 Posts: 22
    See what they want a month and then tell them what you are willing to pay.
    Example: if you get a price with tax at $300 a month, tell them you want it for $250 (w/ tax included) and see where you go from there. I originally went in for a limited non turbo and when we decided on color they had it in a turbo and it was supposed to be $10 more a month. The residual was 2% better and after adding wheel locks, mudguards, bumper applique, tire/road hazard warranty, and paint and leather sealant, my payment was $20 less a month.
  • hb_jphb_jp Posts: 4
    Just leased a 2.0 T in Pacific Blue no Nav. $23740 gross cap cost. The dealer ate some of the DMV fees so the deal ended up being $600 drive including 1st mo's pymnt of $279. I didn't qualify for any rebates and didn't trade anything in. I'm happy to be done shopping and now driving!
  • tetovaritetovari Posts: 22
    Congrats . Sounds like a good deal. How many miles a year ?
  • hb_jphb_jp Posts: 4
    Thanks! It's not bad, selling price was $23,100 and it's a 3yr/12k mi lease. It's a beautiful car for the money.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Yes, edgar, it is true that banks set vehicles' residual values and dealers aren't really able to alter them. The percentages are of vehicles' full MSRPs, including the destination charge and the MSRPs of any options.

    Vehicles' base money factors are set by banks but dealers are sometimes allowed to mark them up to add additional back-end profit to deals.

    Negotiate as low a selling price as possible on the car that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey edgar. I have not seen anything on a lease program for the Sonata Hybrid yet.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.