just left a dealership, negotiated the selling price of a 2015 sonata 2.4 Sport (MSRP $27,820) ($23272 selling price includes all dealer and factory incentives) with a residual value of 56% and a MF of .00010 he quoted me $289 no money out of pocket. Was this a foolish deal to walk away from. Based on my calculations of dealer fees ($850) and taxes rolled in i thought i should be at $260\month for 36 months on this lease. I walked away cause they refused to disclose how they got to that number. They also claim the MF is .000020 for that model. I am in New Jersey if that matters.
just left a dealership, negotiated the selling price of a 2015 sonata 2.4 Sport (MSRP $27,820) ($23272 selling price includes all dealer and factory incentives) with a residual value of 56% and a MF of .00010 he quoted me $289 no money out of pocket. Was this a foolish deal to walk away from. Based on my calculations of dealer fees ($850) and taxes rolled in i thought i should be at $260\month for 36 months on this lease. I walked away cause they refused to disclose how they got to that number. They also claim the MF is .000020 for that model. I am in New Jersey if that matters.
Yeah.. I get $260/mo. or so, too.
The difference in money factor would only be about $4/mo.
I get the part about transparency.. Explain the $289/mo. and it makes sense, then maybe we have a deal. That's $1000 difference. I'd want to know why, at least.
Is the 260 a month you are getting for a 12k mile lease or 15k mile lease?
i was doing the math off of a Sonata SE Sport 2.4 with an MSRP of $27820 and a selling price $23272 including the inventives and based on 36\month 12,000 mile\year
Can anyone tell me the Residual and the money factor for leasing a 2015 Sonata Hybrid Limited in Cincinnati Ohio. Anything else I need to know before going to the dealer?
Can someone please post the RV and MF for a 2015 Hyundai Sonata Sport 2.0T and Limited 2.0T both with Ultimate Packages , for a 36-mo, 15K/yr lease? Pennsylvania. Thank you!
Can someone please post the RV and MF for a 2015 Hyundai Sonata Sport 2.0T and Limited 2.0T both with Ultimate Packages , for a 36-mo, 15K/yr lease? Pennsylvania. Thank you!
I'm sorry, but we don't have the Hyundai information for June.
Hi, may I get the June lease numbers for a 2015 Sonata Limited with Ultimate & Tech Pkg. 36-mo 12k/yr and 15k/yr - Cleveland, OH.
Also, for the last few times I've gotten a 15k/yr lease because I was going over with 12k/yr. However, now I'm always under when I turn in the car. For eg, my current lease is up in Sept but currently, I'm around 37k. So my question is, should I: 1.) lease it for 12k/yr and A.) pay the extra cost at the end of the lease B.) turn it in once I hit 36,000 miles (which would leave a few months left on the lease). For the past 2 leases dealerships have been willing to make the last few payments just to get me in a new car. Or, 2.) continue getting a 15k/yr lease and save myself the headache. The problem is I don't know how to compute the cost factor to see if it's worth considering. Can anyone help with this? Thank you!
Hi, may I get the June lease numbers for a 2015 Sonata Limited with Ultimate & Tech Pkg. 36-mo 12k/yr and 15k/yr - Cleveland, OH.
Also, for the last few times I've gotten a 15k/yr lease because I was going over with 12k/yr. However, now I'm always under when I turn in the car. For eg, my current lease is up in Sept but currently, I'm around 37k. So my question is, should I: 1.) lease it for 12k/yr and A.) pay the extra cost at the end of the lease B.) turn it in once I hit 36,000 miles (which would leave a few months left on the lease). For the past 2 leases dealerships have been willing to make the last few payments just to get me in a new car. Or, 2.) continue getting a 15k/yr lease and save myself the headache. The problem is I don't know how to compute the cost factor to see if it's worth considering. Can anyone help with this? Thank you!
We don't have the June numbers for Hyundai, unfortunately..
It's a pretty simple calculation on the mileage. Residual goes up 2% when taking 12K/yr over 15Kyr. On a $30K MSRP car, that will save you $600 over the lease term. If the mileage penalty is $0.15/mi, then your break-even point is 40,000 miles (4000 miles over).
But, you have to remember, you are estimating.. a lot can happen in three years to change your driving habits... Do you want to save $17/mo. and possibly end up with a $1350 bill, if you actually drive 45K miles? Or, do you want to think about it, constantly calculating your average mileage... then, not wanting to drive the car the last couple of months, because every mile costs you 15 cents (even though, you save money overall)?
Hi, may I get the June lease numbers for a 2015 Sonata Limited with Ultimate & Tech Pkg. 36-mo 12k/yr and 15k/yr - Cleveland, OH.
Also, for the last few times I've gotten a 15k/yr lease because I was going over with 12k/yr. However, now I'm always under when I turn in the car. For eg, my current lease is up in Sept but currently, I'm around 37k. So my question is, should I: 1.) lease it for 12k/yr and A.) pay the extra cost at the end of the lease B.) turn it in once I hit 36,000 miles (which would leave a few months left on the lease). For the past 2 leases dealerships have been willing to make the last few payments just to get me in a new car. Or, 2.) continue getting a 15k/yr lease and save myself the headache. The problem is I don't know how to compute the cost factor to see if it's worth considering. Can anyone help with this? Thank you!
We don't have the June numbers for Hyundai, unfortunately..
It's a pretty simple calculation on the mileage. Residual goes up 2% when taking 12K/yr over 15Kyr. On a $30K MSRP car, that will save you $600 over the lease term. If the mileage penalty is $0.15/mi, then your break-even point is 40,000 miles (4000 miles over).
But, you have to remember, you are estimating.. a lot can happen in three years to change your driving habits... Do you want to save $17/mo. and possibly end up with a $1350 bill, if you actually drive 45K miles? Or, do you want to think about it, constantly calculating your average mileage... then, not wanting to drive the car the last couple of months, because every mile costs you 15 cents (even though, you save money overall)?
Thanks for your input! I think I will continue to get the 15k lease...if nothing else just for some peace of mind. I asked a local dealer and he said for 12K/yr RV and MF are 58% and .00070. For 15K/yr RV and MF are 56% and .00070.
Can anyone tell me the Residual and the money factor for leasing a 2015 Sonata Hybrid Limited in Cincinnati Ohio. Anything else I need to know before going to the dealer?
Can someone please post the RV and MF for a 2015 Hyundai Sonata Sport 2.0T and Limited 2.0T both with Ultimate Packages , for a 36-mo, 15K/yr lease? Pennsylvania. Thank you!
Sport 2.0T: .00020 MF and 53% residual. $2000 lease cash Limited 2.0T: .00030 MF and 55% residual. $2000 lease cash
Hi, may I get the June lease numbers for a 2015 Sonata Limited with Ultimate & Tech Pkg. 36-mo 12k/yr and 15k/yr - Cleveland, OH.
Also, for the last few times I've gotten a 15k/yr lease because I was going over with 12k/yr. However, now I'm always under when I turn in the car. For eg, my current lease is up in Sept but currently, I'm around 37k. So my question is, should I: 1.) lease it for 12k/yr and A.) pay the extra cost at the end of the lease B.) turn it in once I hit 36,000 miles (which would leave a few months left on the lease). For the past 2 leases dealerships have been willing to make the last few payments just to get me in a new car. Or, 2.) continue getting a 15k/yr lease and save myself the headache. The problem is I don't know how to compute the cost factor to see if it's worth considering. Can anyone help with this? Thank you!
We don't have the June numbers for Hyundai, unfortunately..
It's a pretty simple calculation on the mileage. Residual goes up 2% when taking 12K/yr over 15Kyr. On a $30K MSRP car, that will save you $600 over the lease term. If the mileage penalty is $0.15/mi, then your break-even point is 40,000 miles (4000 miles over).
But, you have to remember, you are estimating.. a lot can happen in three years to change your driving habits... Do you want to save $17/mo. and possibly end up with a $1350 bill, if you actually drive 45K miles? Or, do you want to think about it, constantly calculating your average mileage... then, not wanting to drive the car the last couple of months, because every mile costs you 15 cents (even though, you save money overall)?
Thanks for your input! I think I will continue to get the 15k lease...if nothing else just for some peace of mind. I asked a local dealer and he said for 12K/yr RV and MF are 58% and .00070. For 15K/yr RV and MF are 56% and .00070.
We just got the numbers today... and, those are correct.
2015 Hyundai Sonata Limited $30,000 36m/15k miles 2015 Hyundai Sonata Sport 2.0T $34,000 36m/15k miles MF & Residual as well as any Lease Cash for Sacramento,CA
2015 Hyundai Sonata Limited $30,000 36m/15k miles 2015 Hyundai Sonata Sport 2.0T $34,000 36m/15k miles MF & Residual as well as any Lease Cash for Sacramento,CA
Limited (not 2.0T) .00070 MF and 56% residual. Sport 2.0T: .00020 MF and 53% residual.
A local dealer is offer me the following lease deal (15k/36mths) - they will pay my last 3 lease payments, repair a crack in my front bumper by the license plate, and replace tires on my 2013 Sonata LTD (15k/36 mths - 36,800 miles driven). 2015 Sonata LTD w/ all packages: MSRP: $32,800 Selling Price: $31,809.61 Less: Rebates 2,500.00 Add: Fees 595.00 Residual 56% MF .00070 Monthly inc Tax $389 (tax rate 8%)
Personally, I find this to be a bit on the high side because they really didn't give me anything off on the price of the car. True they will be making the payments and repairs on my current lease...but I think what they are really doing is rolling some (if not all) of the costs into the selling price. So all they are doing is saving me the hassle of having to get the repairs done myself. What do you think?
A local dealer is offer me the following lease deal (15k/36mths) - they will pay my last 3 lease payments, repair a crack in my front bumper by the license plate, and replace tires on my 2013 Sonata LTD (15k/36 mths - 36,800 miles driven). 2015 Sonata LTD w/ all packages: MSRP: $32,800 Selling Price: $31,809.61 Less: Rebates 2,500.00 Add: Fees 595.00 Residual 56% MF .00070 Monthly inc Tax $389 (tax rate 8%)
Personally, I find this to be a bit on the high side because they really didn't give me anything off on the price of the car. True they will be making the payments and repairs on my current lease...but I think what they are really doing is rolling some (if not all) of the costs into the selling price. So all they are doing is saving me the hassle of having to get the repairs done myself. What do you think?
You would be responsible for those costs either way; the dealer is making it easy on you by not discounting the new car as much to compensate.
However, you should be more informed on the numbers of your current lease - call HFS and get the current payoff value, then head over to the "Real World Trade in Values" forum to get a good estimate on what your car is worth. I suspect there is some negative equity, but you need to know how much so you can negotiate on the new car.
You may also want to get multiple dealers involved - the competition will help you get the best deal.
I'm interested in a 2015 Sport Limited. Current lease special states
$1,500 - $2,250 Retail Bonus Cash (7/3/2015 to 7/6/2015)
$750 Summer Sales Cash (7/3/2015 to 7/6/2015)
Anybody know what the total lease cash is for the Sport Limited?
Thanks!
Sonata shows $2000 lease cash. Those other incentives may be for purchase only. Use the "Car Research" tab at the top of the page to link to current incentives.
Just got an email from my Hyundai salesman (in Vermont) indicating that I can lease a Sonata Sport for three years/12 K per year @ $224/month with $0 down. Sounds attractive, but may I have the MF, residual and incentives so I can do my own calculations?
Just got an email from my Hyundai salesman (in Vermont) indicating that I can lease a Sonata Sport for three years/12 K per year @ $224/month with $0 down. Sounds attractive, but may I have the MF, residual and incentives so I can do my own calculations?
Helping my mom buy an SE and I'd like to know MF and residual for 10,000 miles. Also, what is this "lease cash"? Is it simply a rebate that works as a cap cost reduction? Thanks very much.
Comments
Can you provide the May Virginia numbers for the Sport, Limited, and Sport 2.0T - 36/12K?
Thank you in advance!
Limited - .00076 and 58%
Sport 2.0T - .00026 and 55%
$1400 lease cash.
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Thanks.
Sport: .00010 MF and 54% residual
$1400 lease cash
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May I please have the lease numbers for a 10k/36mo in Milwaukee, WI:
Sonata Limited 2.4L
Sonata Eco
.00076 MF and 57% residual
.00001 MF and 56% residual.
$1400 lease cash.
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The difference in money factor would only be about $4/mo.
I get the part about transparency.. Explain the $289/mo. and it makes sense, then maybe we have a deal. That's $1000 difference. I'd want to know why, at least.
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Also, for the last few times I've gotten a 15k/yr lease because I was going over with 12k/yr. However, now I'm always under when I turn in the car. For eg, my current lease is up in Sept but currently, I'm around 37k. So my question is, should I:
1.) lease it for 12k/yr and
A.) pay the extra cost at the end of the lease
B.) turn it in once I hit 36,000 miles (which would leave a few months left on the lease). For the past 2 leases dealerships have been willing to make the last few payments just to get me in a new car. Or,
2.) continue getting a 15k/yr lease and save myself the headache.
The problem is I don't know how to compute the cost factor to see if it's worth considering. Can anyone help with this? Thank you!
It's a pretty simple calculation on the mileage. Residual goes up 2% when taking 12K/yr over 15Kyr. On a $30K MSRP car, that will save you $600 over the lease term.
If the mileage penalty is $0.15/mi, then your break-even point is 40,000 miles (4000 miles over).
But, you have to remember, you are estimating.. a lot can happen in three years to change your driving habits... Do you want to save $17/mo. and possibly end up with a $1350 bill, if you actually drive 45K miles? Or, do you want to think about it, constantly calculating your average mileage... then, not wanting to drive the car the last couple of months, because every mile costs you 15 cents (even though, you save money overall)?
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I asked a local dealer and he said for 12K/yr RV and MF are 58% and .00070. For 15K/yr RV and MF are 56% and .00070.
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Limited 2.0T: .00030 MF and 55% residual. $2000 lease cash
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ECO: .00021 MF and 55% residual
$2000 lease cash.
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Thank you!
Sport - .00002 and 56%
Limited - .00070 and 58%
$2000 lease cash for all trims
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2015 Hyundai Sonata Sport 2.0T $34,000 36m/15k miles
MF & Residual as well as any Lease Cash for Sacramento,CA
Sport 2.0T: .00020 MF and 53% residual.
$2000 lease cash on either model.
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Thank you!
Sport - .00002 and 56%
Limited - .00070 and 58%
$2000 lease cash for all trims.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2015 Sonata LTD w/ all packages:
MSRP: $32,800
Selling Price: $31,809.61
Less: Rebates 2,500.00
Add: Fees 595.00
Residual 56%
MF .00070
Monthly inc Tax $389 (tax rate 8%)
Personally, I find this to be a bit on the high side because they really didn't give me anything off on the price of the car. True they will be making the payments and repairs on my current lease...but I think what they are really doing is rolling some (if not all) of the costs into the selling price. So all they are doing is saving me the hassle of having to get the repairs done myself. What do you think?
However, you should be more informed on the numbers of your current lease - call HFS and get the current payoff value, then head over to the "Real World Trade in Values" forum to get a good estimate on what your car is worth. I suspect there is some negative equity, but you need to know how much so you can negotiate on the new car.
You may also want to get multiple dealers involved - the competition will help you get the best deal.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00070 and 56%, $2000 lease cash.
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Thanks!
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thanks
https://hyundaiusa.com/financial-tools/special-offers.aspx
2015 sonata limited 2.0T
36 month 15 k a year 345 total down 35 payments of 335 includes tax tilt that is otd
MSRP 34695
Cap Cost 32000
Fees 333.50
Cap cost reductions 2735.75
Adjusted cap cost 3096.38
Residual Value 19429.20
Money factor .00030
Term 36
Sales Tax 1046.31
Not sure I understand all your numbers ... what is the net cap cost?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00002 and 56%. $2000 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Also, what is the lease cash. This is for New Jersey.
Thank you!
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