Is there a trend on current models year over year regarding residuals and MF when leasing. The reason I ask is I'm wondering if there is a better time of year to purchase a lease. Are residuals lower towards the end of the model year? Does the MF change based on the time of year, or is that set by other variables?
Is there a trend on current models year over year regarding residuals and MF when leasing. The reason I ask is I'm wondering if there is a better time of year to purchase a lease. Are residuals lower towards the end of the model year? Does the MF change based on the time of year, or is that set by other variables?
Residuals are usually best at the beginning of a model year, but banks can adjust the residual any time they like to help promote sales.
MF is also determined by the bank and can fluctuate based on market demands.
Hello, I was at a Boston area dealer today and was offered a Santa Fe GLS AWD Ultimate package lease for 3 year / 36K miles for $411/ month including taxes. Our taxes are 6.25%. The MSRP was 40,805, money factor was 0.00102, 61% residual and cap cost was 36,500. The money factor seems different compared to what i have seen in the forum which is 0.00069. Does this look like a reasonable deal? Thanks,
Hello, I was at a Boston area dealer today and was offered a Santa Fe GLS AWD Ultimate package lease for 3 year / 36K miles for $411/ month including taxes. Our taxes are 6.25%. The MSRP was 40,805, money factor was 0.00102, 61% residual and cap cost was 36,500. The money factor seems different compared to what i have seen in the forum which is 0.00069. Does this look like a reasonable deal? Thanks,
Money factor is marked up from the base .00069.
Unless it's a Limited? Base MF for the Limited is .00102
Hi is this a good deal guys any help would be very appreciated We have been offered a Hyundai Santa Fe Sport 2015 2.4 L 4 Cylinder in Mineral grey with TECH package for $2500 down and payments of $315.00 per month inclusive of all taxes for a 48 month lease which we will probably buy at the end of…. we also got the 15,000 mile allowance per year option and no fee for returning our 3 year Leased Elantra limited 2013 which is in excellent condition with 36,000 miles
Hi is this a good deal guys any help would be very appreciated
We have been offered a Hyundai Santa Fe Sport 2015 2.4 L 4 Cylinder in Mineral grey with TECH package for $2500 down and payments of $315.00 per month inclusive of all taxes for a 48 month lease which we will probably buy at the end of…. we also got the 15,000 mile allowance per year option and no fee for returning our 3 year Leased Elantra limited 2013 which is in excellent condition with 36,000 miles
MSRP $34,645 -Mineral grey
Hello, I was at a Boston area dealer today and was offered a Santa Fe GLS AWD Ultimate package lease for 3 year / 36K miles for $411/ month including taxes. Our taxes are 6.25%. The MSRP was 40,805, money factor was 0.00102, 61% residual and cap cost was 36,500. The money factor seems different compared to what i have seen in the forum which is 0.00069. Does this look like a reasonable deal? Thanks,
Money factor is marked up from the base .00069.
Unless it's a Limited? Base MF for the Limited is .00102
i am pretty sure the vehicle is GLS ultipate package. I am going to get them to back down on money factor. Are the allowed to use incorrect factor ? or they will adjust the price if i were to accept the deal?
Hello, I was at a Boston area dealer today and was offered a Santa Fe GLS AWD Ultimate package lease for 3 year / 36K miles for $411/ month including taxes. Our taxes are 6.25%. The MSRP was 40,805, money factor was 0.00102, 61% residual and cap cost was 36,500. The money factor seems different compared to what i have seen in the forum which is 0.00069. Does this look like a reasonable deal? Thanks,
Money factor is marked up from the base .00069.
Unless it's a Limited? Base MF for the Limited is .00102
i am pretty sure the vehicle is GLS ultipate package. I am going to get them to back down on money factor. Are the allowed to use incorrect factor ? or they will adjust the price if i were to accept the deal?
They can mark up the money factor for extra profit. With the lower money factor, the payment should drop by about $25/mo.
Hi! Can you please provide me with the MF and RV for a 2015 Santa Fe Limited AWD in CT for 36/12k. Did anyone recently leased in CT, please share the details. Thanks
Thank you. I guess I was asking more with the prices you all have seen on here, would you think that's a good deal for the Limited Ultimate version? It can ask what the sticker and cap cost are, but just qualitatively if you thought it was good or not... thank you!
Hard for us to evaluate your offer with incomplete information. We can model a payment, but only with all the information necessary.
Hi - the dealer said the sticker is $42,315 and the cap cost is $36,614.55. Thank you for your help!
It seems a good deal, Can you share the dealer/sales person info, so that I can reach out to him.
Hi! Can you please provide me with the MF and RV for a 2015 Santa Fe Limited AWD in CT for 36/12k. Did anyone recently leased in CT, please share the details. Thanks
Thank you. I guess I was asking more with the prices you all have seen on here, would you think that's a good deal for the Limited Ultimate version? It can ask what the sticker and cap cost are, but just qualitatively if you thought it was good or not... thank you!
Hard for us to evaluate your offer with incomplete information. We can model a payment, but only with all the information necessary.
Hi - the dealer said the sticker is $42,315 and the cap cost is $36,614.55. Thank you for your help!
It seems a good deal, Can you share the dealer/sales person info, so that I can reach out to him.
yes id be interested as well if you could share this info.
Here's a quote I received today for a 2015 Hyundai Santa Fe GLS AWD with Ultimate Package:
MSRP $40,950 Dealer Discount $3,350 Lease Cash Rebate $1,750 Competitive Rebate $750 Lease Price $35,100 Cash Down $0 Term 36 month 15K mile per year Lease Payment $397.40 Out The Door Payment $432.17 (Santa Clara, CA) Plus oil changes included
Sounds like a good deal but looking for validation from this forum's experts. Thanks!
Here's a quote I received today for a 2015 Hyundai Santa Fe GLS AWD with Ultimate Package:
MSRP $40,950 Dealer Discount $3,350 Lease Cash Rebate $1,750 Competitive Rebate $750 Lease Price $35,100 Cash Down $0 Term 36 month 15K mile per year Lease Payment $397.40 Out The Door Payment $432.17 (Santa Clara, CA) Plus oil changes included
Sounds like a good deal but looking for validation from this forum's experts. Thanks!
.00063 MF and 58% residual.
At a CAP cost of $35,100, I get $352/mo.plus tax. That's about $1600 to account for. If your out of pocket is $0, then that isn't unusual. You have 1st payment, acquisition fee, title/registration/doc fees.. If that adds up to $1600, then the calculations are good.
one more. Just want to confirm RV and MF for two cars, both would be leased in PA or NY which I assume is the same. 36 /12 for both. Also both have $750 lease cash?:
Sante Fe GLS w/ AWD, with Ultimate and Premium packages
Sante Fe Sport Turbo w/ AWD and Ultimate Package
Also, may not be the right forum but I am using TrueCar as a guideline. Would anyone know if the prices dealers quote here typically includes lease cash amounts?
one more. Just want to confirm RV and MF for two cars, both would be leased in PA or NY which I assume is the same. 36 /12 for both. Also both have $750 lease cash?:
Sante Fe GLS w/ AWD, with Ultimate and Premium packages
Sante Fe Sport Turbo w/ AWD and Ultimate Package
Also, may not be the right forum but I am using TrueCar as a guideline. Would anyone know if the prices dealers quote here typically includes lease cash amounts?
Much thanks.
GLS AWD - .00063 and 60% Sport 2.0T AWD - .00030 and 55%
Yes, $750 lease cash on both.
Can't speak to what TrueCar includes or excludes in their quotes.
Just wanted to check current lease rates on Santa Fe Limited FWD with Ultimate, money factor and residual for 15/12/10k. Thanks in advance! Also does Hyundai do MSDs?
Just wanted to check current lease rates on Santa Fe Limited FWD with Ultimate, money factor and residual for 15/12/10k. Thanks in advance! Also does Hyundai do MSDs?
Just wanted to check current lease rates on Santa Fe Limited FWD with Ultimate, money factor and residual for 15/12/10k. Thanks in advance! Also does Hyundai do MSDs?
.00070 and 58% for 36/12. $750 lease cash.
Add 1% for 10K and subtract 2% for 15K.
No MSD program from Hyundai.
Thanks- and it's still 0.00063 / 60% for equivalent GLS?
Just wanted to check current lease rates on Santa Fe Limited FWD with Ultimate, money factor and residual for 15/12/10k. Thanks in advance! Also does Hyundai do MSDs?
.00070 and 58% for 36/12. $750 lease cash.
Add 1% for 10K and subtract 2% for 15K.
No MSD program from Hyundai.
Thanks- and it's still 0.00063 / 60% for equivalent GLS?
Comments
MF is also determined by the bank and can fluctuate based on market demands.
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The MSRP was 40,805, money factor was 0.00102, 61% residual and cap cost was 36,500. The money factor seems different compared to what i have seen in the forum which is 0.00069. Does this look like a reasonable deal? Thanks,
Money factor is marked up from the base .00069.
Unless it's a Limited? Base MF for the Limited is .00102
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We have been offered a Hyundai Santa Fe Sport 2015 2.4 L 4 Cylinder in Mineral grey with TECH package for $2500 down and payments of $315.00 per month inclusive of all taxes for a 48 month lease which we will probably buy at the end of…. we also got the 15,000 mile allowance per year option and no fee for returning our 3 year Leased Elantra limited 2013 which is in excellent condition with 36,000 miles
MSRP $34,645 -Mineral grey
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It has the popular package and the MSRP on it is: $28,100.
He's offering me $339/month. I am currently in a Sonata lease which ends next month.
Any one have any idea if this is a good offer or how much lower I should/could counter at?
Any help is SO GREATLY appreciated!
Base model numbers are .00065 MF and 54% residual with $750 lease cash
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Lease term and miles per year?
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I was offered this for a lease first go round...any comments:
Santa Fe Limited AWD with Ultimate Package
Sticker $42,110 -- reduced to $37,486. 36 months/15K miles monthly payment of $489.89
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Limited - .00102 and 61%
$750 lease cash.
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Did anyone recently leased in CT, please share the details. Thanks
It seems a good deal, Can you share the dealer/sales person info, so that I can reach out to him.
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yes id be interested as well if you could share this info.
MSRP $40,950
Dealer Discount $3,350
Lease Cash Rebate $1,750
Competitive Rebate $750
Lease Price $35,100
Cash Down $0
Term 36 month 15K mile per year
Lease Payment $397.40
Out The Door Payment $432.17 (Santa Clara, CA)
Plus oil changes included
Sounds like a good deal but looking for validation from this forum's experts. Thanks!
At a CAP cost of $35,100, I get $352/mo.plus tax.
That's about $1600 to account for. If your out of pocket is $0, then that isn't unusual. You have 1st payment, acquisition fee, title/registration/doc fees.. If that adds up to $1600, then the calculations are good.
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- Sante Fe GLS w/ AWD, with Ultimate and Premium packages
- Sante Fe Sport Turbo w/ AWD and Ultimate Package
Also, may not be the right forum but I am using TrueCar as a guideline. Would anyone know if the prices dealers quote here typically includes lease cash amounts?Much thanks.
Sport 2.0T AWD - .00030 and 55%
Yes, $750 lease cash on both.
Can't speak to what TrueCar includes or excludes in their quotes.
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Add 1% for 10K and subtract 2% for 15K.
No MSD program from Hyundai.
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So lease rates for 36/12 for FWD GLS and FWD Limited, and current lease incentives? Have not pulled trigger yet but very interested