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2014 Hyundai Santa Fe Lease Questions
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Comments
.00016 and 58%. $500 lease cash. Not sure if the bonus cash will stack - check the 'car research' tab at the top of the page for latest incentives.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thank you for the information. That MF is so low! I love it...
Mike
I just came from my local dealer. I was attempting to negotiate a 36 month lease with 12k miles per year. We were looking at a 2014 Santa Fe GLS AWD with the ultimate package.
We ran into an issue with the money factor or as Hyundai likes to call it, the buy rate. The dealer insisted that the base buy rate from Hyundai Financial for this model is .00055. The information supplied from my previous post is that I should have gotten a base rate of .00016. I was even willing to go to .00022.
Can one of the moderators confirm that I had the correct information from the August Hyundai buy rate sheet?
We were actually pretty far away on Cap Cost too. I started at the Hyundai Circle pricing which is invoice minus 3% minus $250 minus the $500 lease cash and they let me walk. I didn't have the circle pricing certificate so I didn't push the issue.
Thanks for the additional help.
Mike
.00016 MF and 58% residual for 36mo, 12K/yr.
Numbers are national, but exclude the South Central District. Not sure exactly what that district encompasses.
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Thanks for the reconfirming. I think the guy I was dealing with was reading the rate sheet wrong. Im sure he was looking at the Limited model.
I've purchased a lot of cars in my life and I have to say that the Hyundai dealers are the most frustrating to deal with. I've been lied to several times, promised a deal and then driven to the dealer and had them tell me that can't do it. I've sent emails that never get a response and promises of return calls that never come.
I can't find a dealer with the model I want that will accept the Hyundai Circle Plan A pricing. Theres definitely some kind of disconnect between the dealerships and the Hyundai Circle people.
Might be time to pay a little more and get a Highlander.....
Mike
I have a base GLS with minimum options being delivered next wk. Held it with small deposit.
Before I complete the deal pls confirm MF and resid for me.
How do both numbers change from 2WD to AWD
Also how do prem/tech/ultimate pkgs affect the numbers
Mat be better off getting more car if numbers are better
Thx
36/12 for FWD is 58% and .00041. Add 1% for AWD, and MF changes to .00034. Deduct 2% for 12K
Individual packages do not affect the lease numbers.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Was the deduct 2% meant to be 15k miles (not
12k)?
Was the deduct 2% meant to be 15k miles (not
12k)?
Yes.. deduct 2% for 15K/yr
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I'm not aware of a national pull-ahead program from Hyundai; could this be a dealer-specific incentive? I'd be leery, as the dealer may simply be rolling in your negative equity into the new deal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Dealer1
- Santa Fe Sport AWD, popular equipment package, MSRP = 29805, negotiated price = 27910, 36 months, 12k/year. Final lease offer: 1k down & 320/mo. This one also includes a factory installed auto-dimming mirror and remote start.
Dealer2
- Santa Fe Sport AWD, popular equipment package, MSRP = 29405, negotiated price = 27507, 36 months, 12k/year. Final lease offer: 1250 down & 290/mo.
I'm thinking of countering dealer 2 with 1k down & 280/mo. Thoughts, suggestions?
Any help is appreciated!
MF and residual for the Sport AWD, 36/12 are 55% and .00068, with $1000 lease cash.
Dealer 1 MSRP and negotiated price - pre-tax payment of $350.05 ... is the $1000 down being used to reduce the cap cost or to cover the up front fees and taxes?
Dealer 2 MSRP and negotiated price - pre-tax payment of $344.54 ... same question regarding the $1250 down.
Don't negotiate the payment, negotiate the selling price; for every $1000 you save on the price, you'll save $28/mo on the payment. If you negotiate the payment, the dealer can inflate the MF to get more money on the deal, even though you *think* you're getting a better payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/12 for FWD is 58% and .00041. Add 1% for AWD, and MF changes to .00034. Deduct 2% for 12K
Individual packages do not affect the lease numbers.
My car is in and dealers numbers just don't add up. Please ck math:
2014 GLS base 2WD with minimal port options
MSRP-$31380
Base Cap Cost-$28222 (their #, I come up with $27638 on TruCar but use the $28 #)
Added to lease $1110 DMV and fees
Bank fee $595
Down payment $2000
Adj Cap cost $27322
Resid.-$18200
Money factor of .00041
Term-36 months
Miles-12K
I come up with 272.05 + 19.04 tax
Monthly-$291.09
Dealer is at $326
$35 more per month x 36 mos. is $1260
2014 GLS base 2WD with minimal port options
MSRP-$31380
Base Cap Cost-$28222 (their #, I come up with $27638 on TruCar but use the $28 #)
Added to lease $1110 DMV and fees
Bank fee $595
Down payment $2000
Adj Cap cost $27322
Resid.-$18200
Money factor of .00041
Term-36 months
Miles-12K
I come up with 272.05 + 19.04 tax
Monthly-$291.09
Dealer is at $326
$35 more per month x 36 mos. is $1260
My numbers work out the same as yours ... $272.04/mo before tax.
Ask the dealer to walk through their calculations ..
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
As I said they have the leasing price at $28222 which is already $340 ($27882 local number from Trucar) more than the web.
In the end its $1500 more than priced out
If you aren't comfortable with the deal don't sign the paperwork.
And talk to other dealers ... I'm sure one of them will get you a deal that you're happy with.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Individual packages do not affect the lease numbers.
My car is in and dealers numbers just don't add up. Please ck math:
2014 GLS base 2WD with minimal port options
MSRP-$31380
Base Cap Cost-$28222 (their #, I come up with $27638 on TruCar but use the $28 #)
Added to lease $1110 DMV and fees
Bank fee $595
Down payment $2000
Adj Cap cost $27322
Resid.-$18200
Money factor of .00041
Term-36 months
Miles-12K
I come up with 272.05 + 19.04 tax
Monthly-$291.09
Dealer is at $326
$35 more per month x 36 mos. is $1260
Hello allroadanger,
I have downloaded an app on my phone and I am trying to understand the whole lease calculations. Your scenario comes up this way:
MSRP $31,380.00
Selling Price $28,222.00
Sales Tax (7%) $140.00
+Capped Fees $1,705.00 ($1,110 + $595)
Downpayment $2,000.00
Net Cap Cost $28,067.00
Money Factor 0.00041
APR 0.984%
Residual Value $18,200.40
Lease Term 36 Months
Monthly Tax (7%: $747/36) $16.87
Monthly Depreciation ($9,867/36) $274.07
Monthly Finance Charge ($683/36) $18.97
Total Monthly Payment $309.91
1st Month's Payment $309.91
Down Payment $2,000.00
Total Due at Signing $2,309.91
Total Cost of Lease $13,156.92
Does this make sense? I'm curious as to how did you get to the $27,322 Adj Cap Cost? Would you pay the $595 Bank fee upfront?
Also, if Residual is .59 and dealer says it is .55, how do you argue that? Can they show you a chart or if they do ask me to provide where I got that number, what should I say? I take it this Residual number is not available to the masses.
Any help is appreciated.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thank you for your help!
Limited: .00043 MF and 53% residual
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.00055 MF and 54%/52% residual for the Limited
$500 lease cash on either.
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I used http://www.leaseguide.com/calc/ for my numbers.
I had about $1200 worth of costs including the $595 bank fee, $399 dealer fee, DMV etc. I had $2000 down (work stipend) so roughly $800 went directly towards car
Dealer would not do my number but he did come down to exactly your number of $309 per month, not a total victory but a savings of over $600 (would have been $1200 if I got my way, but I was done!).
Dealer was gret and I never say that.
Hackettstown Hyundai in NJ. Deal was setup with internet group and handed off to inside sales guy. Expected a lot of bait and switch, extra this and that but got none of it. I would recommend them to anyone in NJ they are a bit out of the way (1 hour ride from me) but had a great experince. Hope this helps everyone, thanks too for those who got me through the process
Money Factors and Residuals for '14 Santa Fe Sport 2.0T FWD (no options) in Tennessee
36mo w/10k mi and 12k mi
39mo w/ 10k mi and 12k mi
Much appreciated!
39/12 - 52% and .00014
$1000 lease cash.
No 10K lease options from Hyundai.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Use the pricing tools at the top of the page to help, and you can also check out the "Santa Fe Prices Paid" discussion to see what others are paying.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
GLS FWD - 36mo/12kmi
Limited FWD - 36mo/12kmi
Limited - 55% and .00043
$500 lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I wanted to see if they changed from Sept's 36/12 which was 54% and .00001 w/ $1,000 lease cash. thanks
Same for October
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Santa Fe GLS FWD - 58% and .00041 (Sept)
Santa Fe Limited FWD - 55% and .00043 Sept)
$1,000 Lease Cash
Much appreciated!
Limited FWD - same as September
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I just leased a 2014 Hyundai Santa Fe sport in Southern California.
I know, I probably should have come here first to get more advise BEFORE LEASING...but without going into detail..basically, I only had a week to act, and didn't find this forum until afterwards.
So here is the lease deal I got...Just looking to see if I got totally screwed over, or got a great deal... or just somewhere in between. For the record... I do feel like I got a good deal after having gone to 4 different dealers.
I got a 2014 Santa Fe (Copper Canyon, Beige interior) FWD with Premium equipment package and Technology package. MSRP $33,885
My trade in was $1800 short of my payout for it, so they moved the numbers around to cover that gap too.
So, basically, I financed the $1800, and the new car and had ZERO DOWN in everything except I paid the first months lease payment...
My monthly lease payment is $480 including taxes on a 4 yr 12,000 mile lease. We intend to buy the car at the end. The residual is approx $15k (I dont have the exact number with me, but its 15-16, and closer to 15.)
Window sticker is on the following link if it is needed
http://www.mhhyundai.com/vehicle/2014-Hyundai-Santa+Fe+Sport-Los_Angeles-1586652.html
As you noted, next time see us first and we'll help you make a better deal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No 2015 numbers available on the Santa Fe Sport
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No 2015 Santa Fe numbers, at all.
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2014: .00010 MF and 55% residual. $1000 lease cash.
The $1000 is a dealer incentive... use that knowledge to negotiate a lower selling price.
We don't have any 2015 Santa Fe numbers.
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Any chance to know what the monthly might be?
Thanks!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
With no numbers for the 2015 Santa Fe sport released until November, can I even get a lease?
I've contacted 2 dealers who have the 2.0T AWD with ultimate (navi/sunroof) in stock, and both are now strangely quiet since I asked to lease.
Need a car by the end of the week when my other lease is up... Should I just bail and get a 2014?