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Hyundai Elantra Lease Questions

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Comments

  • seb7seb7 Posts: 7
    Hello, I am trying one more time...

    Car_Man could you provide MF and res for 24 mo lease with 12/15k miles in April? Elantra GT with Touch&Go

    Thanks!
  • duca1222duca1222 Posts: 3
    edited April 2013
    Just left the dealer and got this:
    Elantra Limited White w/ Black interior
    Tech Package
    Wheel Locks
    Floor Mats

    239.49 a month 36/12k
    MSRP 24,504
    63% Residual (15,438)
    $1,500 Down

    What does everyone think?

    Was told that:
    Limited Money Factor: .00136 and Residual 63%
    GLS Money Factor: .00121 Residual 66%
    Lease from Hyundai Financial


    Got if from Hyundai of Orlando from Jason Nuss real awesome straight forward guy.
    Said if interested in any Hyundai call him 321-689-9494 and use Coupon Code:DUCA to get the best deal!!!!!
  • MF is .00118 and Residual is 75/73% depending on miles.

    :)
  • fhd444fhd444 Posts: 2
    It is not clear from your post if the 239.49 includes the sales tax. If it does include sale tax this is an excellent deal. I just got a limited w tech package for 201/month including tax with 2650 down but most of the down was in the form of a credit for lease return 1650 and rebates of 750 and 163 in cash. I am blown away how good my deal was. Given the high residual value of an Elantra of 63% for a 36 month lease you cannot go wrong with leasing an elantra.
  • icatchx22iicatchx22i Posts: 1
    edited April 2013
    Elantra GLS with preferred package, 12k a year for 24months. $0 down $179/month including taxes (sales 6.25%), registration, everything.
  • duca1222duca1222 Posts: 3
    239.49 is tax in. Where did you get yours? What was your MSRP? That deal is crazy good. I put 1500 down cash and got 1150 in rebates. So we basically put the same money down but a $40 dollar a month difference.
  • duca1222duca1222 Posts: 3
    Did you have any rebates?
  • seb7seb7 Posts: 7
    Thanks!

    Touch&go:

    MRSP: $21800
    Sale: 19700 (before rebate)
    Rebate: 750
    MF: .00118
    Res 12k: 75%

    IL DuPage county 7% tax. Illinois charges tax for entire car value, not payments!

    $251/mo taxes included with 0 down for 24 months.
  • driverone2driverone2 Posts: 13
    So, 2013 Elantra GLS automatic (black diamond/beige) with preferred package is the car.

    MSRP 19,520
    SELLING PRICE 18,565
    DOWN PAYMENT $2,000
    MONEY FACTOR .00074
    RESIDUAL .76
    CAP COST 17,630.41
    BUY OUT 14,835
    PAYMENT INCLUDING SALES TAX $149PM/24 MONTHS

    I would like to know what all of you think about the offer? Please let me know if you see any hidden fees in this offer.

    Also, I have used an anonymous email and a fake name to negotiate since I contacted them before in March this year. Back then the best offer was $239 with taxes and another internet sales manager was working with me.

    Thank for your help!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey seb7. Hyundai Finance's current buy rate lease money factor and residual value for a 24-month lease of a 2013 Elantra GT with an automatic transmission and 15,000 miles per year are .00073 and 69% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • sonoflarssonoflars Posts: 1
    edited May 2013
    Can you provide me with May money factor and residual value for a 36 month 12,000 miles lease for both a 2013 Elantra GT with the Touch-and-Go package and a GT with the Style Package?
  • salesguyjaysalesguyjay Posts: 22
    Both are the same for MF and Residual...

    3 yr / 36K lease... .00138 and 63%

    You do better on a 2 year tho if interested ... .00073 and 71%

    ;)
  • steevosteevo Posts: 330
    Car_man, can you please provide the May MF and Residual value 24/36 months , 12,000 miles for the 2013 Hyundai Elantra Coupe GLS and also for the SE model?
    Thanks, Steve
  • salesguyjaysalesguyjay Posts: 22
    Not Car_man obviously - but in his absense i can supply the same info...

    GLS Coupe (assuming auto trans)
    24 month lease:
    .00152 MF and 75% Resid
    36 month:
    .00195 and 67%

    SE Coupe
    24 month lease:
    .00129 and 73%
    36 month:
    .00191 and 65%

    Hope that helps :)
  • steevosteevo Posts: 330
  • danyc1danyc1 Posts: 11
    How about May MF and residual for 2yr and 3yr, 12k/yr lease for the Elantra Limited? Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi sonoflars. Hyundai Finance's May buy rate lease money factor and residual value for a 36-month lease of a 2013 Elantra GT with an automatic transmission and 12,000 miles per year are .00138 and 63% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey danyc1. Hyundai Finance's May buy rate lease money factor and residual value for a 24-month lease of a 2013 Elantra Limited with 12,000 miles per year are .00112 to .00136 and 72% to 73% for consumers who qualify for its top credit tier. The exact program varies depending upon how the car that you want is equipped.

    The numbers for an otherwise identical 36-month lease are .00153 and 63%, regardless of equipment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • danyc1danyc1 Posts: 11
    Thanks Car Man, my quotes matched yours (63% residual and .00153 money factor), although back on may 8th I was quoted 66% and .00141 but think dealer was just switching numbers around.

    I was quoted the following for the Elantra limited without tech package:
    Adjusted cap cost: $22,282
    $0 due at signing
    RV: 63%
    Money factor: 0.00153
    $286/month (includes all inception fees, but not state taxes)

    Last week he quoted me $286/month net of all fees AND taxes, and said then adjusted cap cost was $22,434 wi 66% RV and MF of 0.00141.

    I've since gone back for an explanation of inception fees because he's claiming the above includes a $1,500 discount off MSRP whih I find hard to believe. Thoughts?
  • edge7edge7 Posts: 3
    edited August 2013
    Signed a 36 month lease with 12K miles per year for the Elantra with the preferred package with $1000 down and $200 per month, 1st month payment they take care of. Love the car in dark grey.
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