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2014 Hyundai Sonata Lease Questions

Kirstie_HKirstie_H Posts: 10,944
edited May 14 in Hyundai
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  • Good Morning,
    I am looking into Leasing new Hunday Sonata 2014. The offers I currently see on dealers websites says:
    2200 down
    199 monthly for 36 months
    12000 miles a year limit.
    Is there a way I can negotiate a better deal? I am completely new into the world of leasing, so not sure how much wiggle room there is...
    Your advice would be greatly appreciated.
    My first preference would be for Sonata Hybrid but the prices on dealers website are over 3000 down and about 350 monthly...
    Thank you,
  • Please, let me know what your research was. I am looking into the same one and am new to leasing so any advice would be appreciated. Thank you
  • I ended up getting the 2014 for 225 with first payment as my downpayment. Felt it was a pretty solid deal. Included the popular package. Others?
  • Last night I returned my 2011 turbo se
    with 2 months remaining and 46700 miles. My lease was
    36m 15000 miles a year.
    I got the 2014 Limited Turbo no navigation for
    265 a month 15k miles a year, with $2500 out of pocket.
    Did I get a good deal or nah??
    Thanks
  • Good for you! That's awesome. Would you please share what was the APR they gave you and also if the dealer is in Southern California, let me know which one. I would go for it. Thank you.
  • I'm looking for the RV and MF for 2014 2.0 limited...anyone PM with details thx in advance

  • Hi Guys,

    Southern FL trying to help my grandfather out. He is looking for a 2013 or 2014 Sonata lease with leather option. Any rates or experiences? Thanks!

  • kyfdxkyfdx Posts: 35,733

    2014 Sonata GLS 36mo, 12K/yr lease
    .00074 MF and 61% residual

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  • 2014 Sonata Limited 2.4 with Tech package. 26500, $750 rebate, 60% residual,m 12K/36m lease, 2200 down, $223/year

  • I am looking for lease info for a 2014 Sonata 2.0 limited, no nav pkg. looking for MF and RV, negotiated price and what you have been paying out there. 12 or 15k /36 mos. Located in NJ
    Thx

  • kyfdxkyfdx Posts: 35,733

    36mo, 12K/yr lease

    .00099 MF and 60% residual

    $750 lease cash

    kyfdx

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  • I'm looking to lease a 2014 Sonata SE with a premium package for 36 months, 15k miles per year, and giving about $2500 down. Any ideas what I should expect the payment to come out to if I get a good deal? Any recommendations on where or who to work with in So Cal? Thanks!

  • Just to follow up, I ended up leasing a 2014 Sonata SE with premium package for 36 months, 15k miles per year, giving $2500 down (included first payment) and I'm left with 35 payments of $249.00 taxes included. This was after haggling with a few local dealerships online, how'd I do? I'm pretty happy with the deal.

  • andantandant Posts: 11

    Could you please tell me MF and Residual on Sonata GLS + PEP, 36mo, 15K miles lease in NY for February? Thanks!

  • kyfdxkyfdx Posts: 35,733

    @andant said:
    Could you please tell me MF and Residual on Sonata GLS + PEP, 36mo, 15K miles lease in NY for February? Thanks!

    .00035 MF and 58% residual

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  • andantandant Posts: 11

    Thank you! How do the numbers change for 2014 Sonata Limited (no packages), in NY for 15000 miles per year for 36 months?

  • kyfdxkyfdx Posts: 35,733

    @andant said:
    Thank you! How do the numbers change for 2014 Sonata Limited (no packages), in NY for 15000 miles per year for 36 months?

    .00069 MF and 57% residual

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  • Question on the above. most 36 month leases are 12K miles each year. What is formula for figuring out addl 3K to get to 15K? Dealers always seem to have some bogus answer and price
    Thx

  • kyfdxkyfdx Posts: 35,733

    @allroadanger said:
    Question on the above. most 36 month leases are 12K miles each year. What is formula for figuring out addl 3K to get to 15K? Dealers always seem to have some bogus answer and price
    Thx

    15K mi/yr residuals are 2% lower than 12K/yr residuals.

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  • Hello, would this be a good offer? Thanks!

    Requested Vehicle:2014 Sonata GLS

    Additional Options/Accessories:

    Includes: 10 Year 100,000 Mile Warranty
    Manufacturer's Suggested Retail (MSRP): $ 22.335.
    Your No-Hassle Lease price Price* with no money down: $219 tax in Good through 03/31/2014

  • MichaellMichaell ColoradoPosts: 16,811

    @dimitri771 said:
    Hello, would this be a good offer? Thanks!

    Requested Vehicle:2014 Sonata GLS

    Additional Options/Accessories:

    Includes: 10 Year 100,000 Mile Warranty
    Manufacturer's Suggested Retail (MSRP): $ 22.335.
    Your No-Hassle Lease price Price* with no money down: $219 tax in Good through 03/31/2014

    Not enough information. Can you provide the selling price, any money down, money factor and residual.

    On the surface, it looks good. But the devil is in the details - you might be able to do better.

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  • dimitri771dimitri771 Posts: 4
    edited March 2014

    Thank you for responding..Yes, they would not give me money factor and residual. Is there a way to figure this out for 3 yr/36000miles lease? no money down, and it is for 2014 Sonata with Popular package...$220/mts.............
    From the website: Total MSRP 23160 (21450+900popularpackage+810freight)

  • MichaellMichaell ColoradoPosts: 16,811

    @dimitri771 said:
    Thank you for responding..Yes, they would not give me money factor and residual. Is there a way to figure this out for 3 yr/36000miles lease? no money down, and it is for 2014 Sonata with Popular package...$220/mts.............
    From the website: Total MSRP 23160 (21450+900popularpackage+810freight)

    .00035 and 60% are the numbers I have from Hyundai Finance for a 36mo/12K miles per year lease.

    I still need to know the selling price and the local tax rate to figure out the calculations as to how the dealer got to the $219/mo with taxes.

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  • Hello,

    Here are the numbers that they gave me...

    Initial cap.cost $20.521.23
    taxes of 7%

    Thanks.

  • MichaellMichaell ColoradoPosts: 16,811

    @dimitri771 said:
    Hello,

    Here are the numbers that they gave me...

    Initial cap.cost $20.521.23
    taxes of 7%

    Thanks.

    When I plug everything in ($23,160 MSRP, $20.521.23 cap cost, 60% residual, .00035 MF for 36 months and 7% sales tax), I get a final payment of $209.81.

    They could be bumping the MF slightly to get to the $219/mo payment.

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  • dimitri771dimitri771 Posts: 4
    edited March 2014

    Thank you very much..So, I suppose it is not a good price after all....They offered me no tag fees (regular 210). So, maybe this is the same as $213/mts..

  • rbirns1rbirns1 Posts: 222

    What is the current MF and residual for 2014 GLS and Limited, 36/12k, in NY?

  • MichaellMichaell ColoradoPosts: 16,811

    @rbirns1 said:
    What is the current MF and residual for 2014 GLS and Limited, 36/12k, in NY?

    GLS - .00035 and 60%

    Limited(2.4L) - .00090 and 60%

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  • rbirns1rbirns1 Posts: 222

    ^ thanks. Is the current $2000 rebate available for leases?

  • MichaellMichaell ColoradoPosts: 16,811

    @rbirns1 said:
    ^ thanks. Is the current $2000 rebate available for leases?

    No - there is $750 lease cash available for the Sonata.

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