2016 Hyundai Tucson Lease Questions

Michaell

singhster said:

Tuscon SE AWD numbers 12/36 months in NYC. Thanks!

.00080 and 61%. $750 lease cash.

tshafer0911

Could I have MF, rebates and residual for a 2016 Tuscon Limited AWD? 48/10. In Mass.

Thanks!

kyfdx

tshafer0911 said:

Could I have MF, rebates and residual for a 2016 Tuscon Limited AWD? 48/10. In Mass.

Thanks!

.00120 MF and 47% residual. $1250 lease cash

slickmcfavorte

Could I get numbers for 2016 Tucson Eco and Limited FWD? 36/15 in Florida.

Also, anyone have any insight as to whether or not Hyundai will be offering a pull-ahead program any time soon? Guessing no one will know until it's made public, but figured it doesn't hurt to ask as I've got just a few months left on my 2013 Sonata lease....Thanks!

Michaell

slickmcfavorte said:

Could I get numbers for 2016 Tucson Eco and Limited FWD? 36/15 in Florida.

Also, anyone have any insight as to whether or not Hyundai will be offering a pull-ahead program any time soon? Guessing no one will know until it's made public, but figured it doesn't hurt to ask as I've got just a few months left on my 2013 Sonata lease....Thanks!

Eco FWD - .00087 and 56%
Limited FWD - .00071 and 54%

$750 lease cash.

I see no information about a pull ahead program, but I know I've seen one in the past - just don't have any details.

Trust me, I'm interested too, as I have a 2013 Elantra GT whose lease is up this fall.

slickmcfavorte

Michaell said:

slickmcfavorte said:

Could I get numbers for 2016 Tucson Eco and Limited FWD? 36/15 in Florida.

Also, anyone have any insight as to whether or not Hyundai will be offering a pull-ahead program any time soon? Guessing no one will know until it's made public, but figured it doesn't hurt to ask as I've got just a few months left on my 2013 Sonata lease....Thanks!

Eco FWD - .00087 and 56%
Limited FWD - .00071 and 54%

$750 lease cash.

I see no information about a pull ahead program, but I know I've seen one in the past - just don't have any details.

Trust me, I'm interested too, as I have a 2013 Elantra GT whose lease is up this fall.

Thanks! Yeah I've only got about 600 miles left on my allowance (45k) so things are starting to get dicey. Last time on my '11 Sonata I was over 2k over, but the pull-ahead program they had at the time combined with CarMax offering me more than what it was worth saved me. It looks like they started a pull-ahead last year in April, so I'm hoping for the same.

A slight aside, since you seem to be on top of the numbers across the Hyundai line....is it just me, or does the Genesis look like it's by far the best lease deal of all their models at the moment? Based on what I'm seeing in that forum, I'm not so sure I couldn't get a RWD model that's light on the options for around the same as the Tucson Limited. If that's the case, I may have to seriously reconsider how much I really want the extra space in the Tucson's cargo area for our dog....

Michaell

slickmcfavorte said:

Michaell said:

slickmcfavorte said:

Could I get numbers for 2016 Tucson Eco and Limited FWD? 36/15 in Florida.

Also, anyone have any insight as to whether or not Hyundai will be offering a pull-ahead program any time soon? Guessing no one will know until it's made public, but figured it doesn't hurt to ask as I've got just a few months left on my 2013 Sonata lease....Thanks!

Eco FWD - .00087 and 56%
Limited FWD - .00071 and 54%

$750 lease cash.

I see no information about a pull ahead program, but I know I've seen one in the past - just don't have any details.

Trust me, I'm interested too, as I have a 2013 Elantra GT whose lease is up this fall.

Thanks! Yeah I've only got about 600 miles left on my allowance (45k) so things are starting to get dicey. Last time on my '11 Sonata I was over 2k over, but the pull-ahead program they had at the time combined with CarMax offering me more than what it was worth saved me. It looks like they started a pull-ahead last year in April, so I'm hoping for the same.

A slight aside, since you seem to be on top of the numbers across the Hyundai line....is it just me, or does the Genesis look like it's by far the best lease deal of all their models at the moment? Based on what I'm seeing in that forum, I'm not so sure I couldn't get a RWD model that's light on the options for around the same as the Tucson Limited. If that's the case, I may have to seriously reconsider how much I really want the extra space in the Tucson's cargo area for our dog....

I have seen some pretty good deals on the Genesis lately, for sure.

I've got under 4K left on my allowance with 6+ months to go, so I too am hoping for some sort of pull-ahead program as well. Already getting emails from my local dealer.

rxlaw63

Was wondering what RV and MF were for 2016 Hyundai Tucson AWD (Eco, Sport and Limited) in the Philadelphia, PA area.
Thanks

Michaell

rxlaw63 said:

Was wondering what RV and MF were for 2016 Hyundai Tucson AWD (Eco, Sport and Limited) in the Philadelphia, PA area.
Thanks

36/12 numbers:
Eco - .00067 and 60%
Sport - .00084 and 59%
Limited - .00088 and 58%

$750 lease cash.

rxlaw63

Michaell said:

rxlaw63 said:

Was wondering what RV and MF were for 2016 Hyundai Tucson AWD (Eco, Sport and Limited) in the Philadelphia, PA area.
Thanks

36/12 numbers:
Eco - .00067 and 60%
Sport - .00084 and 59%
Limited - .00088 and 58%

$750 lease cash.

Thanks!

slickmcfavorte

Are April numbers available yet for 2016 Tucson Eco and Limited FWD? 36/15 in Florida (Tampa area)?

kyfdx

slickmcfavorte said:

Are April numbers available yet for 2016 Tucson Eco and Limited FWD? 36/15 in Florida (Tampa area)?

ECO: .00060 MF and 56% residual. $750 lease cash
LTD: .00071 MF and 54% residual. $750 lease cash

carfan74

MF, residual and lease cash please on Tucson Limited AWD in NY. 36/10k or 36/12k Thanks!

Michaell

carfan74 said:

MF, residual and lease cash please on Tucson Limited AWD in NY. 36/10k or 36/12k Thanks!

36/12 - .00088 and 58%. $750 lease cash.

Add 1% for 10K

sharck99

Are the Tucson AWD Limited #s still accurate/current from March?  

Michaell

sharck99 said:

Are the Tucson AWD Limited #s still accurate/current from March?  

No.

What lease term and how many miles per year are you looking for?

sharck99

36mo 10k and 12k.  AWD Limited in Oregon.  Thanks hoping to get this deal inked by the end of the month

Michaell

sharck99 said:

36mo 10k and 12k.  AWD Limited in Oregon.  Thanks hoping to get this deal inked by the end of the month

36/12 AWD Limited - .00088 and 58%. Add 1% for 10K. $750 lease cash.

ajkyct32

May I please have the MF and residual numbers on a 2016 Hyundai Tucson Limited AWD Ultimate Package in Connecticut for 12k miles and 36 months.

Michaell

ajkyct32 said:

May I please have the MF and residual numbers on a 2016 Hyundai Tucson Limited AWD Ultimate Package in Connecticut for 12k miles and 36 months.

.00088 and 58%. $750 lease cash.

ajkyct32

Thank you!

slickmcfavorte

Any May numbers yet for Tucson Eco and Limited 36/15 in Florida? Thanks in advance.

Michaell

slickmcfavorte said:

Any May numbers yet for Tucson Eco and Limited 36/15 in Florida? Thanks in advance.

FWD?

Eco - .00079 and 57%
Limited - .00083 and 58%

$750 lease cash

phxdave

Considering lease of AWD SE or Eco in AZ or MN. What are the numbers ?

Michaell

phxdave said:

Considering lease of AWD SE or Eco in AZ or MN. What are the numbers ?

FWD or AWD?

Lease term and miles per year?

toc17726

Hi could I please get the MF and RV 2016 Tucson Limited AWD 1.6 L for Chicago IL. Thanks

kyfdx

toc17726 said:

Hi could I please get the MF and RV 2016 Tucson Limited AWD 1.6 L for Chicago IL. Thanks

.00088 MF and 59% residual. $750 lease cash.

smiehlke

Hi could I please get the MF and RV for a AWD Sport 1.6L for Utah. Thank you!

Michaell

smiehlke said:

Hi could I please get the MF and RV for a AWD Sport 1.6L for Utah. Thank you!

36/12 numbers are .00102 and 60%. $750 lease cash.

PF_Flyer

A reporter is looking to speak with car shoppers who recently purchased a truck or SUV instead of a coupe or sedan because they were influenced (at least in part) by today's low gas prices. If this sounds like your experience and you're willing to help, please contact pr@edmunds.com by no later than May 24, 2016.

tyrusmn

This is a great forum. Thanks for everyone who contributes. I may be out of place but wanted to check the math with you guys on a 2016 Tucson Limited Ultimate package lease quote I received. I also have a few questions you may be able to shed some light on.

I'm in MN and received the following quote: MSRP 35440, Price 33551, Residual 20909, doc/reg fees 520, tax 2151 (tax is owed upon lease - 6.5% - but is this amount correct?), rebate 500. I also have equity in a RAV4 that I've been quoted (by a Toyota dealer) at 2000 over my residual - Hyundai offered 700. This is 36 months and 10k miles.

At no money down, $452, $1k down, $422, $2k $392.

Questions:
1. Math looks fuzzy, any comments?
2. Price seems high (no haggle) I think I can get it down a little, any suggestions?
3. How do they figure tax? I thought it's just the tax on the term of the lease?
4. Should I negotiate the trade in or try to sell to CarMax and take the money to put down?
5. Does anyone know the MF and Residual in MN?

Thanks so much! I'll report on any progress.

Michaell

tyrusmn said:

This is a great forum. Thanks for everyone who contributes. I may be out of place but wanted to check the math with you guys on a 2016 Tucson Limited Ultimate package lease quote I received. I also have a few questions you may be able to shed some light on.

I'm in MN and received the following quote: MSRP 35440, Price 33551, Residual 20909, doc/reg fees 520, tax 2151 (tax is owed upon lease - 6.5% - but is this amount correct?), rebate 500. I also have equity in a RAV4 that I've been quoted (by a Toyota dealer) at 2000 over my residual - Hyundai offered 700. This is 36 months and 10k miles.

At no money down, $452, $1k down, $422, $2k $392.

Questions:
1. Math looks fuzzy, any comments?
2. Price seems high (no haggle) I think I can get it down a little, any suggestions?
3. How do they figure tax? I thought it's just the tax on the term of the lease?
4. Should I negotiate the trade in or try to sell to CarMax and take the money to put down?
5. Does anyone know the MF and Residual in MN?

Thanks so much! I'll report on any progress.

36/10 numbers on the 2016 Tucson Limited AWD are .00088 and 59%. $750 lease cash, which you should deduct after making your best deal.

I believe MN taxes the sum of the payments and collects it up front - the $2151 number looks correct for a purchase, not a lease.

We recommend not using equity to buy down the price - that money is lost if the car is stolen or totaled. Have them cut you a check instead. And yes, negotiate for the best price you can get - use the CarMax quote to get the Hyundai dealer to up their offer.

ctyd

Hi Michaell, Can you please provide May MF and residual for Tucson Sport FWD 36 mo in NY? 10k and 12k miles.

Thanks

Michaell

ctyd said:

Hi Michaell, Can you please provide May MF and residual for Tucson Sport FWD 36 mo in NY? 10k and 12k miles.

Thanks

36/12 - .00078 and 57%. Add 1% for 10K. $750 lease cash.

kevinl1473

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Michaell

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

kevinl1473

Michaell said:

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

I think the MSRP was 31,000. What is the difference between MSRP and selling price?

I just told the rep that I am willing to put $2000 out of my own pocket which covers all the fees/taxes/down. I'm in NY, tax rate is 8.875%.

Michaell

kevinl1473 said:

Michaell said:

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

I think the MSRP was 31,000. What is the difference between MSRP and selling price?

I just told the rep that I am willing to put $2000 out of my own pocket which covers all the fees/taxes/down. I'm in NY, tax rate is 8.875%.

You negotiate the selling price just like you would on a purchase.

I would ask the dealer for a full accounting of the $2000.

NY taxes the sum of the payments and collects the money up front, so would be part of the $2000. Then there is the bank fee, dealer fee, first payment and DMV costs.

kevinl1473

Michaell said:

kevinl1473 said:

Michaell said:

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

I think the MSRP was 31,000. What is the difference between MSRP and selling price?

I just told the rep that I am willing to put $2000 out of my own pocket which covers all the fees/taxes/down. I'm in NY, tax rate is 8.875%.

You negotiate the selling price just like you would on a purchase.

I would ask the dealer for a full accounting of the $2000.

NY taxes the sum of the payments and collects the money up front, so would be part of the $2000. Then there is the bank fee, dealer fee, first payment and DMV costs.

The $2,000 would cover all those fees (minus the first payment) But again this is for a lease, not financing or purchasing. I'm not sure how to math works out but if you did $380 x 36mo, that only comes out to $13,680. Again, I'm not sure how leasing numbers work.

Michaell

kevinl1473 said:

Michaell said:

kevinl1473 said:

Michaell said:

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

I think the MSRP was 31,000. What is the difference between MSRP and selling price?

I just told the rep that I am willing to put $2000 out of my own pocket which covers all the fees/taxes/down. I'm in NY, tax rate is 8.875%.

You negotiate the selling price just like you would on a purchase.

I would ask the dealer for a full accounting of the $2000.

NY taxes the sum of the payments and collects the money up front, so would be part of the $2000. Then there is the bank fee, dealer fee, first payment and DMV costs.

The $2,000 would cover all those fees (minus the first payment) But again this is for a lease, not financing or purchasing. I'm not sure how to math works out but if you did $380 x 36mo, that only comes out to $13,680. Again, I'm not sure how leasing numbers work.

Might I suggest reviewing the articles at this link? Gives you a good primer on leasing.

edmunds.com/car-leasing

kevinl1473

Michaell said:

kevinl1473 said:

Michaell said:

kevinl1473 said:

Michaell said:

kevinl1473 said:

I just got back from a dealer. I was offered $344/mo for 36/12 with $2000 down payment (including inception fees). Was this a good deal for the Limited w/o Ultimate?

Can't tell you.

What was the MSRP? Selling price?

How does the $2000 get applied?

State and tax rate?

Without this information, all we could do is guess.

I think the MSRP was 31,000. What is the difference between MSRP and selling price?

I just told the rep that I am willing to put $2000 out of my own pocket which covers all the fees/taxes/down. I'm in NY, tax rate is 8.875%.

You negotiate the selling price just like you would on a purchase.

I would ask the dealer for a full accounting of the $2000.

NY taxes the sum of the payments and collects the money up front, so would be part of the $2000. Then there is the bank fee, dealer fee, first payment and DMV costs.

The $2,000 would cover all those fees (minus the first payment) But again this is for a lease, not financing or purchasing. I'm not sure how to math works out but if you did $380 x 36mo, that only comes out to $13,680. Again, I'm not sure how leasing numbers work.

Might I suggest reviewing the articles at this link? Gives you a good primer on leasing.

edmunds.com/car-leasing

Thanks! I will certainly give it a read. Thank you

klnmcmg

MF and RV for Tucson Ltd FWD in NC? 36/15

kyfdx

klnmcmg said:

MF and RV for Tucson Ltd FWD in NC? 36/15

.00071 MF and 54% residual. $750 lease cash.

pinksnyper

Hi guys. Looking for June numbers on the 2016 Tucson Sport FWD and AWD (for comparison) 15k/36 if you have them please. NJ if it matters. Thanks!

Michaell

pinksnyper said:

Hi guys. Looking for June numbers on the 2016 Tucson Sport FWD and AWD (for comparison) 15k/36 if you have them please. NJ if it matters. Thanks!

Sport FWD - .00078 and 55%
Sport AWD - .00102 and 58%

$750 lease cash

pinksnyper

Michaell said:

pinksnyper said:

Hi guys. Looking for June numbers on the 2016 Tucson Sport FWD and AWD (for comparison) 15k/36 if you have them please. NJ if it matters. Thanks!

Sport FWD - .00078 and 55%
Sport AWD - .00102 and 58%

$750 lease cash

Thanks Michael! How does the residual change for 12k/36 please? I appreciate your reply

kyfdx

pinksnyper said:

Michaell said:

pinksnyper said:

Hi guys. Looking for June numbers on the 2016 Tucson Sport FWD and AWD (for comparison) 15k/36 if you have them please. NJ if it matters. Thanks!

Sport FWD - .00078 and 55%
Sport AWD - .00102 and 58%

$750 lease cash

Thanks Michael! How does the residual change for 12k/36 please? I appreciate your reply

Add 2% to go from 15K/yr to 12K/yr

abelago

Hi, guys. If possible, may I please have the MF and RV for 2016 Tucson Limited (both FWD and AWD) for Northern Virginia? 36/12.

Also, would 15k miles decrease RV by 1% or 2%?

Thank you!

kyfdx

abelago said:

Hi, guys. If possible, may I please have the MF and RV for 2016 Tucson Limited (both FWD and AWD) for Northern Virginia? 36/12.

Also, would 15k miles decrease RV by 1% or 2%?

Thank you!

FWD: .00071 MF and 56% residual. $750 lease cash
AWD: .00088 MF and 58% residual. $750 lease cash

Subtract 2% to go to 15K/yr from 12K/yr

jman216

MF, residual and lease cash please on Tucson Eco FWD/AWD in Chicago area. 36/12k Thanks!