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2015 Hyundai Santa Fe Lease Questions

songbird54songbird54 Central NJPosts: 41
edited May 2015 in Hyundai
To research local dealer inventory and pricing, reviews, features, and specifications, please visit Edmunds 2015 2015 Santa Fe page.

Do we have MF and residual for the 2015 GLS and Limited?

Not that there are any in stock.....but maybe soon
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Comments

  • kyfdxkyfdx Posts: 128,420

    Do we have MF and residual for the 2015 GLS and Limited?

    Not that there are any in stock.....but maybe soon


    FWD or AWD?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • songbird54songbird54 Central NJPosts: 41
    AWD in NJ.
  • kyfdxkyfdx Posts: 128,420

    AWD in NJ.


    GLS: .00005 MF and 58% for 36mo, 12K/yr

    Limited: .00040 MF and 56% residual for 36mo, 12K/yr

    $750 lease cash on either.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sixtsixt Posts: 2
    Any ideas on the MF and residual for the 2015 Santa Fe Sport AWD premium package? 36mo, 12K, Tier 1 in upstate NY.
    Rebates when I already own a hyundai and it's Black Friday week?
    Also, is it wise to negotiate msrp before mentioning that I want to lease?
    So far haven't had any luck getting under $350/month with $1400 down.
    Thanks,

    AF
  • kyfdxkyfdx Posts: 128,420
    sixt said:

    Any ideas on the MF and residual for the 2015 Santa Fe Sport AWD premium package? 36mo, 12K, Tier 1 in upstate NY.
    Rebates when I already own a hyundai and it's Black Friday week?
    Also, is it wise to negotiate msrp before mentioning that I want to lease?
    So far haven't had any luck getting under $350/month with $1400 down.
    Thanks,

    AF


    .00062 MF and 54% residual. $500 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi, folks. I am looking for the MF and residual percentage for a 12k/36 month lease for the 2014 and 2015 Santa Fe Limited AWD in Virginia and Maryland. Also posted in the 2014 thread. Thanks for your help!!!
  • MichaellMichaell ColoradoPosts: 121,956

    Hi, folks. I am looking for the MF and residual percentage for a 12k/36 month lease for the 2014 and 2015 Santa Fe Limited AWD in Virginia and Maryland. Also posted in the 2014 thread. Thanks for your help!!!

    2015 - .00040 and 56%. $750 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi again Michaell, for 12k/36 is it the same .00040 and 56% in So. Cal.?
  • MichaellMichaell ColoradoPosts: 121,956

    Hi again Michaell, for 12k/36 is it the same .00040 and 56% in So. Cal.?

    Yes, Hyundai numbers are national.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I'm looking for numbers on a 2015 Sport FWD w/ tech pkg and 15k/36mo lease for NC. Another general question: is %residual calculated off the MSRP or the negotiated cap cost?

    Thanks!
  • MichaellMichaell ColoradoPosts: 121,956
    swpogue said:

    I'm looking for numbers on a 2015 Sport FWD w/ tech pkg and 15k/36mo lease for NC. Another general question: is %residual calculated off the MSRP or the negotiated cap cost?

    Thanks!

    .00031 and 51%. $500 lease cash.

    Residual is based off the MSRP.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi. I'm looking for MF and Residual on a 2015 Santa Fe Limited AWD. Kind of new to this, any idea on what I kind of lease payment I should shoot for on 12k/36 months with $0 down?
  • MichaellMichaell ColoradoPosts: 121,956
    ico1019 said:

    Hi. I'm looking for MF and Residual on a 2015 Santa Fe Limited AWD. Kind of new to this, any idea on what I kind of lease payment I should shoot for on 12k/36 months with $0 down?

    The lease payment is dependent on four numbers, only two of which you have control over:

    1. MSRP
    2. Cap cost, which is the negotiated selling price less any money down but could include any up front fees and taxes you wish to roll in
    3. Residual value, set by the finance company
    4. Money factor, also set by the finance company but can be inflated by the dealer

    Negotiate the lowest selling price (just like you would for a purchase), and ensure the dealer isn't marking up the MF.

    We don't have the January numbers yet.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • rjl83rjl83 Posts: 3
    Here's my quote on a loaded Limited AWD with Ultimate Package in Portland, OR:
    Adj cap cost $40,340 (no money down, no trade in)
    MF .00084
    Residual on 36 month, 15k mile lease $24,036 (57.8% of $41,545 MSRP)
    $521 monthly payment

    Compared to a friend's lease in December 2014 it looks like the MF doubled, and the adj cap cost seems about $2k too high to me.

    Invoice is $38,985 I believe.

    I'm not sure if the dealer inflated the MF, or if Hyundai just bumped it up for the new year.

    Any advice on getting my monthly payment down? I can try to get their adj cap cost down to $38k (what my friend got in Dec), or see if they'll budge on the MF. How do you ensure that the dealer isn't marking up the MF??
  • rjl83rjl83 Posts: 3
    Also curious if anyone has an idea if Hyundai will release incentives on leasing the Santa Fe Limited for 2015 sometime in January? I've seen some manufacturers put their incentives out already, maybe I just need to be patient :)
  • MichaellMichaell ColoradoPosts: 121,956
    rjl83 said:

    Here's my quote on a loaded Limited AWD with Ultimate Package in Portland, OR:
    Adj cap cost $40,340 (no money down, no trade in)
    MF .00084
    Residual on 36 month, 15k mile lease $24,036 (57.8% of $41,545 MSRP)
    $521 monthly payment

    Compared to a friend's lease in December 2014 it looks like the MF doubled, and the adj cap cost seems about $2k too high to me.

    Invoice is $38,985 I believe.

    I'm not sure if the dealer inflated the MF, or if Hyundai just bumped it up for the new year.

    Any advice on getting my monthly payment down? I can try to get their adj cap cost down to $38k (what my friend got in Dec), or see if they'll budge on the MF. How do you ensure that the dealer isn't marking up the MF??

    While we have some Hyundai information for January, it doesn't yet include the updated MF and residuals; can't tell you if the MF being quoted is inflated or not.

    With the numbers you've provided, I'm getting a pre-tax payment of $505.35/mo. That does seem to be expensive for a $40K Hyundai.

    Check back with us soon; we should have the lease numbers and you can use them to verify the dealer isn't trying to pull a fast one on you.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 121,956
    rjl83 said:

    Here's my quote on a loaded Limited AWD with Ultimate Package in Portland, OR:
    Adj cap cost $40,340 (no money down, no trade in)
    MF .00084
    Residual on 36 month, 15k mile lease $24,036 (57.8% of $41,545 MSRP)
    $521 monthly payment

    Compared to a friend's lease in December 2014 it looks like the MF doubled, and the adj cap cost seems about $2k too high to me.

    Invoice is $38,985 I believe.

    I'm not sure if the dealer inflated the MF, or if Hyundai just bumped it up for the new year.

    Any advice on getting my monthly payment down? I can try to get their adj cap cost down to $38k (what my friend got in Dec), or see if they'll budge on the MF. How do you ensure that the dealer isn't marking up the MF??

    Whoops; I took another look and found the numbers.

    .00084 and 57% for 36/15 - these track pretty closely to the numbers quoted by your dealer.

    Every $1000 you shave off the selling price reduces your monthly payment by about $28. That's the best way to reduce your monthly payment.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello moderators. What is the residual on 12k/36mo for 2015 Santa Fe Limited AWD? I assume the money factor remains .00084. Need a quick answer if possible. Thanks!
  • MichaellMichaell ColoradoPosts: 121,956
    ico1019 said:

    Hello moderators. What is the residual on 12k/36mo for 2015 Santa Fe Limited AWD? I assume the money factor remains .00084. Need a quick answer if possible. Thanks!

    .00084 and 59%. $750 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thank you, Michaell, for the quick reply. Where are you getting the $750 lease cash? I see $500 cash/rebate for my area (Michigan). Returning leasees get $750 cash. Is that what you're referring to?
  • MichaellMichaell ColoradoPosts: 121,956
    ico1019 said:

    Thank you, Michaell, for the quick reply. Where are you getting the $750 lease cash? I see $500 cash/rebate for my area (Michigan). Returning leasees get $750 cash. Is that what you're referring to?

    Nope - the lease cash is a factory to dealer incentive that the dealer can pass along, in part or in whole, to the customer. Completely different than factory to customer incentives - the $500 you are referring to.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Here's my situation, if you don't mind :)

    I'm looking at a 2015 Santa Fe LTD AWD - MSRP: $42,425.00
    I've negotiated a price of $38,727 before incentives, which the dealer is telling me is their employee A-Plan price (true?). I'll be leasing for 12k/36mo with $0 down, but the dealer doesn't know that yet. I just asked him what he could do on the price.

    Do you believe I still have room to ask for up to $750 lower due to the lease cash incentive? Or do you think they are at/close to their bottom line and will not budge? I'll certainly ask regardless, but I just want to know so I can plan how I make the request.

    Thanks again for all your help on this.

  • MichaellMichaell ColoradoPosts: 121,956
    ico1019 said:

    Here's my situation, if you don't mind :)

    I'm looking at a 2015 Santa Fe LTD AWD - MSRP: $42,425.00
    I've negotiated a price of $38,727 before incentives, which the dealer is telling me is their employee A-Plan price (true?). I'll be leasing for 12k/36mo with $0 down, but the dealer doesn't know that yet. I just asked him what he could do on the price.

    Do you believe I still have room to ask for up to $750 lower due to the lease cash incentive? Or do you think they are at/close to their bottom line and will not budge? I'll certainly ask regardless, but I just want to know so I can plan how I make the request.

    Thanks again for all your help on this.

    You can use the pricing tools (make / model / year) at the top of the page to help establish a target price. The $750 should be deducted from that lowest negotiated price.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • what is the MF and Residual on a 2015 Santa Fe GLS Front Wheel Drive 36 months and 15K miles per year in TX?
  • MichaellMichaell ColoradoPosts: 121,956
    bmwfan53 said:

    what is the MF and Residual on a 2015 Santa Fe GLS Front Wheel Drive 36 months and 15K miles per year in TX?

    .00056 and 57%. $750 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • is the $750 lease cash good for anyone or is that only loyalty cash for current Hyundai owners or someone in the same household as a Hyundai owner?
  • MichaellMichaell ColoradoPosts: 121,956
    bmwfan53 said:

    is the $750 lease cash good for anyone or is that only loyalty cash for current Hyundai owners or someone in the same household as a Hyundai owner?

    Lease cash is a factory to dealer incentive. The dealer can choose to pass it along to the customer. No qualifications or restrictions associated with it.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 128,420
    bmwfan53 said:

    is the $750 lease cash good for anyone or is that only loyalty cash for current Hyundai owners or someone in the same household as a Hyundai owner?

    The lease cash is an incentive that is applied to each vehicle, regardless of previous Hyundai ownership.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi..

    Can you tell me the RES and MF for a 2015 Santa Fe SUV AWD Automatic, 12k miles 36year lease for Long Island, New York. The MSRP at the dealer is $37,423.

    Thank you so much!

    The quoted me lease numbers of 3995 down and $495 a month
  • MichaellMichaell ColoradoPosts: 121,956

    Hi..

    Can you tell me the RES and MF for a 2015 Santa Fe SUV AWD Automatic, 12k miles 36year lease for Long Island, New York. The MSRP at the dealer is $37,423.

    Thank you so much!

    The quoted me lease numbers of 3995 down and $495 a month

    What trim level (Limited, GLS, Sport, Sport 2.0T)?

    The quote from the dealer is pretty bad ... ask them for the net cap cost. We also don't recommend putting money down on a lease - if the car is stolen or totaled, you lose that money.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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