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Has the dealer you're working with provided you with a selling price? Don't talk payment, just selling price. Once you have that, you can use a lease calculator to figure out what your payments should be. Also, don't wait on one particular dealer. Start emailing several asking for price quotes.
Even though I think you said you were in Florida, here is a link to an ad running in the Cincinnati area papers. It used to say $125 a month a couple weeks ago.
Good luck!
http://www.columbiahyundai.com/WeeklyAd?siteMapItemName=5632301280869036743
Thanks!
msrp 19825
dealer price 18560
Rebates 1900 (motozuma, college, competitive)
NJ 7%tax
Fees 850
money factor .00074
Residual 76%
12k miles a year
I should be at mid 130s they were at 171.
Going back tonight will have the deal done by middle of next week but on my terms. ( I am in the biz)
19845 was the sticker.
I used Hyundai Circle price 18603.
Rebates I used.
College
Motozuma
compatative
200 down 149 a month.
NJ has some stupid fees that you cant get around.
MSRP: $24,415
Capitalized cost: 21,087.46
Selling price: 22,050
Money factor: .00113
Residual value: 62% (15137.30)
Down payment: $1200
Monthly payment: $222.71 (includes tax)
Am I getting a good deal or are they yanking my chain?
Thanks!
Negotiated hard yesterday for Elantra GT Manual with Touch and Go for $18,400 base model. But for a lease, they insist on increasing the cost of $19,800, with down of $2500, $500 discount, payments of $222 with tax for 3 years, residual $12,400 (not sure what Money Factor # is). Seems like this is not such a great deal. But they claim no negotiating on all this. Any advice for a newbie would be appreciated. Tempted to go ahead and purchase, which with a $7500 down would be $219.
The current lease "deal" in Bay Area on GT is $179 for 24 months--this seemed to have changed since yesterday when they told me $189 for 36 months. But in the color I want, only one available has the Touch & Go, and with that they are increasing payment substantially to $220 (before tax and $500).
$219 + tax 6% with $600 down - 24 month 15000 mile 2013 black/beige w preferred package.
How would contract signing even work on distance, any experiences, suggestions?
Thanks.
I got my Elantra and thought I'd share my numbers. My head was spinning so much with these numbers, I did the best I could at negotiating, not as good as others here but I only got 1 rebate, here goes
GLS with preferred package
MSRP 19750
Sale price 18825
Fees are: bank fee/acq fee 595
Doc fees 540
1st month payment 199
NJ tax 7%
I used competitive rebate 500
I gave them 400 out of pocket and payments are 199 for 24 months
12000 miles a year/money factor .00074/76%residual
srybicki at comcast dot net
if that does not work same but gmail but I dont check that one often.
Hyundai is not offering 24-month leases on this car right now.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
https://www.hyundaiusa.com/vehicles/2013/elantra/comparison.aspx?
Could you provide MF and residual for Elantra GT with Touch and Go package please?
Lease 24 months, 12k or 15k miles. Do they provide any extra incentives (beside those on their website)?
I live in Chicago, IL.
Thanks!
Many thanks
I don't know the all the details yet as its like gettig blood out of a stone but 36/1200 with $1000 at signing is comming out at $239 per month with all taxes in TN
Views/advice?
thanks in advance
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks!
MSRP 21,675 (GT, auto, Touch & Go, Auto Dimming and mats)
Sales pricde 20,025
Gross Capital 21,280.38 (595 Acq fee, 598 doc, tax)
63% residual
.00120 MF
$1,750 at signing covering the first month, $1,000 down and tags, reg, title etc)
35 month of $232 inc alll TN taxes (7%)
The $1,750 at signing would be covered by $750 loyalty rebate, $500 cash matched by Motorzuma with $500 rebate
So in effect this is $500 out the door followed by 35 months at $232 - total 3 year cost to me of $8,620
Thoughts?
$500 down
$159/month including the 9% taxes.
Thought this was a decent deal.
Car_Man could you provide MF and res for 24 mo lease with 12/15k miles in April? Elantra GT with Touch&Go
Thanks!
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!!!!!
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.
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!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
3 yr / 36K lease... .00138 and 63%
You do better on a 2 year tho if interested ... .00073 and 71%
Thanks, Steve
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
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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
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?