2016 Hyundai Tucson Lease Questions

kyfdx

jman216 said:

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

FWD: .00079 MF and 59% residual
AWD: .00085 MF and 61% residual

$750 lease cash on either

pinksnyper

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

Michaell

pinksnyper said:

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

I've just created a 2017 Tucson discussion; please repost there so everyone can benefit from the information.

http://forums.edmunds.com/discussion/41572/hyundai/tucson/2017-hyundai-tucson-lease-questions/p1?new=1

pinksnyper

Michaell said:

pinksnyper said:

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

I've just created a 2017 Tucson discussion; please repost there so everyone can benefit from the information.

http://forums.edmunds.com/discussion/41572/hyundai/tucson/2017-hyundai-tucson-lease-questions/p1?new=1

Sorry I mis-typed. It is actually for a 2016

Michaell

pinksnyper said:

Michaell said:

pinksnyper said:

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

I've just created a 2017 Tucson discussion; please repost there so everyone can benefit from the information.

http://forums.edmunds.com/discussion/41572/hyundai/tucson/2017-hyundai-tucson-lease-questions/p1?new=1

Sorry I mis-typed. It is actually for a 2016

I get the same payment with your numbers. However, tax isn't applied to the monthly payment in NJ - it is calculated against the sum of the payments for the entire lease term and collected up front. I think it works out to the same monthly payment if you add the tax to the selling price.

You also have to account for the acquisition fee, which for Hyundai is $595.

pinksnyper

Michaell said:

pinksnyper said:

Michaell said:

pinksnyper said:

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

I've just created a 2017 Tucson discussion; please repost there so everyone can benefit from the information.

http://forums.edmunds.com/discussion/41572/hyundai/tucson/2017-hyundai-tucson-lease-questions/p1?new=1

Sorry I mis-typed. It is actually for a 2016

I get the same payment with your numbers. However, tax isn't applied to the monthly payment in NJ - it is calculated against the sum of the payments for the entire lease term and collected up front. I think it works out to the same monthly payment if you add the tax to the selling price.

You also have to account for the acquisition fee, which for Hyundai is $595.

Thanks for checking my work! Is the acquisition fee same as the destination fee already included in the MSRP from hyundai's website? Or is this purely for lease origination.

Michaell

pinksnyper said:

Michaell said:

pinksnyper said:

Michaell said:

pinksnyper said:

I feel like I'm not calculating this lease accurately. Anyone have a few minutes to please check my numbers?

2017 Tucson Sport FWD
MSRP 27045
CapCost (neg price) 25385
Residual 57%
MF .00078
$750 incentive

Nj 7% tax

Title + reg + plate transfer I'm estimating $95
Doc Fees I'm estimating $300 (unless someone has lower numbers I should use here, I know it is made up)

I want to pay only first month's payment at signing, so cap cost reduction at $0.

I'm getting $330.36 per month for 36 months. Is this accurate?

I've just created a 2017 Tucson discussion; please repost there so everyone can benefit from the information.

http://forums.edmunds.com/discussion/41572/hyundai/tucson/2017-hyundai-tucson-lease-questions/p1?new=1

Sorry I mis-typed. It is actually for a 2016

I get the same payment with your numbers. However, tax isn't applied to the monthly payment in NJ - it is calculated against the sum of the payments for the entire lease term and collected up front. I think it works out to the same monthly payment if you add the tax to the selling price.

You also have to account for the acquisition fee, which for Hyundai is $595.

Thanks for checking my work! Is the acquisition fee same as the destination fee already included in the MSRP from hyundai's website? Or is this purely for lease origination.

The bank fee is separate from the destination charge - the destination is part of the MSRP against which the residual is calculated. The acquisition fee is charged by the bank and is not negotiable.

kmotor14

Hi - could I get the MF, residual on the 2016 Tucson AWD limited in NJ, 36/12k please?

Michaell

kmotor14 said:

Hi - could I get the MF, residual on the 2016 Tucson AWD limited in NJ, 36/12k please?

.00088 and 58%. $750 lease cash.

kitchen3683

Hi, Looking for MF/Residual for a 2016 Tucson Sport AWD in PA for 36/ 12K please.

Michaell

kitchen3683 said:

Hi, Looking for MF/Residual for a 2016 Tucson Sport AWD in PA for 36/ 12K please.

.00102 and 60%. $750 lease cash.

yamilon

Good Morning!

Would you please let me know the MF, residual, and any incentives on the 2016 Tucson FWD limited in Florida, 36/12k?

Also same numbers on the 2016 Tucson FWD SE w/ Beige Interior - 36/12k as well.

Thanks in advance!

Michaell

yamilon said:

Good Morning!

Would you please let me know the MF, residual, and any incentives on the 2016 Tucson FWD limited in Florida, 36/12k?

Also same numbers on the 2016 Tucson FWD SE w/ Beige Interior - 36/12k as well.

Thanks in advance!

Limited FWD - .00071 and 56%
SE FWD - .00083 and 60%

$750 lease cash for both.

dj_eskay

Need your help folks.

I am looking at a Lease for 2016 Tucson AWD Limited with Ultimate package in Virginia.

This is the deal so far

MSRP $35,095
Cap Cost $30,647
Residual 58%
Money Factor 0.00088
12,000 miles per yer​
$3,000 Initial Down plus $300 1st payment, total $3,300 due at signing. All fees are rolled into payments.

Does this sound like a ok, good, great, or fantastic deal?

Ive never owned a Hyundai and I am concerned for the residual value. I want to maybe sell it to carmax at end of lease and see if I can get some of my down payment back. This is a 12k miles a year deal for 36 months and usually I drive maybe 8K miles a year. Can you guys help me clear my concerns.

kyfdx

dj_eskay said:

Need your help folks.

I am looking at a Lease for 2016 Tucson AWD Limited with Ultimate package in Virginia.

This is the deal so far

MSRP $35,095
Cap Cost $30,647
Residual 58%
Money Factor 0.00088
12,000 miles per yer​
$3,000 Initial Down plus $300 1st payment, total $3,300 due at signing. All fees are rolled into payments.

Does this sound like a ok, good, great, or fantastic deal?

Ive never owned a Hyundai and I am concerned for the residual value. I want to maybe sell it to carmax at end of lease and see if I can get some of my down payment back. This is a 12k miles a year deal for 36 months and usually I drive maybe 8K miles a year. Can you guys help me clear my concerns.

.00088 MF and 58% residual. $750 lease cash

At that CAP cost, I get $330/mo. You payment looks lower than it should be. Is $30,647 the final adjusted CAP cost?

If you only drive 8K mi/yr, then get a 10K/yr lease. Residual will go up to 59%, and the payment will drop by about $9/mo.

I wouldn't lease this vehicle, if the plan is to sell it for more than the residual. Seems unlikely

dj_eskay

.00088 MF and 58% residual. $750 lease cash

At that CAP cost, I get $330/mo. You payment looks lower than it should be. Is $30,647 the final adjusted CAP cost?

I believe that is the adjusted cap cost with my 3k down. Does it make sense for me to lease to sell then?

kyfdx

dj_eskay said:

.00088 MF and 58% residual. $750 lease cash

At that CAP cost, I get $330/mo. You payment looks lower than it should be. Is $30,647 the final adjusted CAP cost?

I believe that is the adjusted cap cost with my 3k down. Does it make sense for me to lease to sell then?

At those numbers, it looks like a good deal.

erhills

Looking to confirm MF and residual on the following in Southeast Michigan

• 2016 Hyundai Tucson Limited AWD w/Ultimate Pkg 36/12K

Went to dealer looking for Santa Fe Sport, but they are really pushing this car. They told me
• MSRP = $35,465
• Cap Cost = $27,808.20
• Residual = 55%
• MF = .00179
• Monthly pmt = $334.23
• Due at signing $887.83 (tax, title, fees, 1st pmt, etc.)

Again, just looking to confirm. Any other incentives available in SE Michigan? Thanks for your help.

kyfdx

erhills said:

Looking to confirm MF and residual on the following in Southeast Michigan

• 2016 Hyundai Tucson Limited AWD w/Ultimate Pkg 36/12K

Went to dealer looking for Santa Fe Sport, but they are really pushing this car. They told me
• MSRP = $35,465
• Cap Cost = $27,808.20
• Residual = 55%
• MF = .00179
• Monthly pmt = $334.23
• Due at signing $887.83 (tax, title, fees, 1st pmt, etc.)

Again, just looking to confirm. Any other incentives available in SE Michigan? Thanks for your help.

That doesn't match any of the numbers we have.

We show .00088 MF and 58% residual. $750 lease cash

I wonder if they are using someone else other than Hyundai Finance. The lease variable don't look as good, but it might come with a big rebate, because that CAP cost is very, very low.

$887 upfront and $334 looks really cheap.
With your numbers, I get $315/mo.+tax, so pretty close.

FL1104

Hello.

What lease terms deal should I be aiming for for a 2016 Tucson Limited - 10K miles/year - 36 month lease in Rhode Island? The lease would be done through a business.

- The MSRP of the car is $35,465.

I debating between the2016 Tucson Limited and the 2016 Mazda CX5 GT, but I am thinking that with the 2017 Tucson coming up, I might be able to get a better deal on the 2016 Tucson.

All comments and advice welcome.

Thank you!

Michaell

iadolphs said:

Hello.

What lease terms deal should I be aiming for for a 2016 Tucson Limited - 10K miles/year - 36 month lease in Rhode Island? The lease would be done through a business.

- The MSRP of the car is $35,465.

I debating between the2016 Tucson Limited and the 2016 Mazda CX5 GT, but I am thinking that with the 2017 Tucson coming up, I might be able to get a better deal on the 2016 Tucson.

All comments and advice welcome.

Thank you!

AWD? .00088 and 59%. $750 lease cash.

We don't track transaction prices - use the 'make / model / year' pull downs to link to the price tools.

northstar23

What is the MF and residual for a 2016 Tucson Limited AWD 36/12k in the Minneapolis area? Thanks!

Michaell

northstar23 said:

What is the MF and residual for a 2016 Tucson Limited AWD 36/12k in the Minneapolis area? Thanks!

.00088 and 58%. $750 lease cash.

northstar23

Thanks! I also meant to ask the same question for 36/15k. Could you provide those numbers as well?

Michaell

northstar23 said:

Thanks! I also meant to ask the same question for 36/15k. Could you provide those numbers as well?

Subtract 2% from the residual; everything else is the same.

northstar23

Thanks again!

slickmcfavorte

I assume the June numbers don't expire until 7/5?

kyfdx

slickmcfavorte said:

I assume the June numbers don't expire until 7/5?

That is correct.

slickmcfavorte

Anyone have July numbers for the Eco, Sport, and Limited (all FWD and 36/15)?

Michaell

slickmcfavorte said:

Anyone have July numbers for the Eco, Sport, and Limited (all FWD and 36/15)?

The June numbers expire today ... July numbers will be available later this week.

Eco FWD - .00079 and 57%
Sport FWD - .00078 and 55%
Limited FWD - .00071 and 54%

$750 lease cash for all three.

FL1104

Do you have the July numbers for the Limited AWD?

slickmcfavorte

Michaell said:

slickmcfavorte said:

Anyone have July numbers for the Eco, Sport, and Limited (all FWD and 36/15)?

The June numbers expire today ... July numbers will be available later this week.

Eco FWD - .00079 and 57%
Sport FWD - .00078 and 55%
Limited FWD - .00071 and 54%

$750 lease cash for all three.

Bump for update. Also I'm in Tampa, FL area if that matters.

FL1104

It looks like the numbers are significantly better. The dealer called me today very motivated. Any updates in regards to July numbers? I am in Rhode Island. Thank you!

kyfdx

Sorry, we don't have the new Hyundai programs, yet.

FL1104

I have this offer in Rhode Island:
2016 Tucson AWD Limited with Unlimited Package
10k miles / 36 mo
MSRP: $35,845
Selling Price: $31,600
Rebates: $750
RV: 20,750.30
0 cash in
$397.45 per month including tax and registration

Thoughts?

Michaell

iadolphs said:

I have this offer in Rhode Island:
2016 Tucson AWD Limited with Unlimited Package
10k miles / 36 mo
MSRP: $35,845
Selling Price: $31,600
Rebates: $750
RV: 20,750.30
0 cash in
$397.45 per month including tax and registration

Thoughts?

When you say $0 cash in, that means $0 out of pocket at lease signing?

If so, seems like a decent deal.

slickmcfavorte

Michaell, I'm guessing the July #s still aren't available yet? Sorry for being impatient...I turn my Sonata back in on the 20th so am just a getting a bit antsy

kyfdx

slickmcfavorte said:

Michaell, I'm guessing the July #s still aren't available yet? Sorry for being impatient...I turn my Sonata back in on the 20th so am just a getting a bit antsy

Sorry, we still don't have them. We are also waiting impatiently.

FL1104

Michaell said:

iadolphs said:

I have this offer in Rhode Island:
2016 Tucson AWD Limited with Unlimited Package
10k miles / 36 mo
MSRP: $35,845
Selling Price: $31,600
Rebates: $750
RV: 20,750.30
0 cash in
$397.45 per month including tax and registration

Thoughts?

When you say $0 cash in, that means $0 out of pocket at lease signing?

If so, seems like a decent deal.

I am at $395 including tax $0 out of pocket at signing... but I plugged these numbers in the edmund's lease payment calculator and to make the numbers add, there has to be $925 in additional fees, aside from the $595 acquisition fee. Registration fees are typically $150 in RI. What other fees should I be considering and what are the typical $$ associated to those? Thank you! This forum has been very helpful.

Michaell

iadolphs said:

Michaell said:

iadolphs said:

I have this offer in Rhode Island:
2016 Tucson AWD Limited with Unlimited Package
10k miles / 36 mo
MSRP: $35,845
Selling Price: $31,600
Rebates: $750
RV: 20,750.30
0 cash in
$397.45 per month including tax and registration

Thoughts?

When you say $0 cash in, that means $0 out of pocket at lease signing?

If so, seems like a decent deal.

I am at $395 including tax $0 out of pocket at signing... but I plugged these numbers in the edmund's lease payment calculator and to make the numbers add, there has to be $925 in additional fees, aside from the $595 acquisition fee. Registration fees are typically $150 in RI. What other fees should I be considering and what are the typical $$ associated to those? Thank you! This forum has been very helpful.

Dealer fee?

Probably have to ask the dealer for a full accounting.

kentlee

Looking for some advice as I contemplate a lease on a Tucson Limited FWD w/ Ultimate in CA.

MSRP: $34,255
Selling Price: $31,161
Rebates: $1,250

The residual value they listed on a 10,000 mile lease is $19,525 (57%) with a payment of $434.89 with $0 down. Residual seems a little lower than I anticipated for 10k/3yr and the MF seems a bit high by my calculation?

Any idea of what to expect for a 12k/3yr lease instead?

Thanks!

Michaell

kentlee said:

Looking for some advice as I contemplate a lease on a Tucson Limited FWD w/ Ultimate in CA.

MSRP: $34,255
Selling Price: $31,161
Rebates: $1,250

The residual value they listed on a 10,000 mile lease is $19,525 (57%) with a payment of $434.89 with $0 down. Residual seems a little lower than I anticipated for 10k/3yr and the MF seems a bit high by my calculation?

Any idea of what to expect for a 12k/3yr lease instead?

Thanks!

Sorry, we don't have the July Hyundai numbers to compare

I'd suggest you shop multiple dealers to see which one gives you the best overall deal. Lots of dealers out there.

slickmcfavorte

Saw in another thread that the July numbers are in. Can you please provide them for (all 36/15 in Tampa, FL area):

Eco FWD
Sport FWD
Limited FWD

kyfdx

slickmcfavorte said:

Saw in another thread that the July numbers are in. Can you please provide them for (all 36/15 in Tampa, FL area):

Eco FWD
Sport FWD
Limited FWD

.00079 MF and 57% residual
.00078 MF and 55% residual
.00071 MF and 54% residual

All $750 lease cash

AlexMM

I just came back from Dealer after my Deal, long story short I had A 2013 Elantra which based on KBB I had 3K negative equity on it , I got A quote for 360$/month for lease an ECo FWD 36/15 for Florida,
Thanks for all of your info here, I used all the number + Incentive that I can get (500 boost up and I sign for Uber driver to get 1000$ cash ) , I just finish the deal with 500$ down for boost up match +35x260$ .
thanks again for all the info that again save me a lots of money .
the deal is Ugly for Dealer but it nice for me;)

Michaell

maverick_ir said:

I just came back from Dealer after my Deal, long story short I had A 2013 Elantra which based on KBB I had 3K negative equity on it , I got A quote for 360$/month for lease an ECo FWD 36/15 for Florida,
Thanks for all of your info here, I used all the number + Incentive that I can get (500 boost up and I sign for Uber driver to get 1000$ cash ) , I just finish the deal with 500$ down for boost up match +35x260$ .
thanks again for all the info that again save me a lots of money .
the deal is Ugly for Dealer but it nice for me;)

Congrats on the new car!

Be curious how you managed to deal with the negative equity in your Elantra; I've got an Elantra GT with only a few months left on the lease. Just now starting to think about my next purchase or lease.

borafsar

Can I please get the 15k number for the sweet spot term in Colorado for AWD Sport and Limited?

Michaell

borafsar said:

Can I please get the 15k number for the sweet spot term in Colorado for AWD Sport and Limited?

36/15 numbers:

Sport AWD - .00102 and 58%
Limited AWD - .00088 and 56%

$750 lease cash.

AlexMM

Thanks
I told my rep that they can make money for just one transaction , not both and I stand On my world that I just pay $260 , he said it is not possible but 2 days after he came back and said if you take a car from Stock we can make it happen .
I owed $12450 on my 2013 Elantra with 37k miles ,based on lease contract they paid 12600 for the Elantra , and these are the rest of numberes:
Gross capitalized cost : 26149
capitalized reduction: 3873.22
Adj capitalized cost : 22276.10
Residual value : 14680.35
Depreciation : 7595.75
Rent Charge: 1051.09
Lease payment : 8646.84
Monthly : 240.19 + tax

Michaell said:

Congrats on the new car!

Be curious how you managed to deal with the negative equity in your Elantra; I've got an Elantra GT with only a few months left on the lease. Just now starting to think about my next purchase or lease.

Michaell

maverick_ir said:

Thanks
I told my rep that they can make money for just one transaction , not both and I stand On my world that I just pay $260 , he said it is not possible but 2 days after he came back and said if you take a car from Stock we can make it happen .
I owed $12450 on my 2013 Elantra with 37k miles ,based on lease contract they paid 12600 for the Elantra , and these are the rest of numberes:
Gross capitalized cost : 26149
capitalized reduction: 3873.22
Adj capitalized cost : 22276.10
Residual value : 14680.35
Depreciation : 7595.75
Rent Charge: 1051.09
Lease payment : 8646.84
Monthly : 240.19 + tax

Michaell said:

Congrats on the new car!

Be curious how you managed to deal with the negative equity in your Elantra; I've got an Elantra GT with only a few months left on the lease. Just now starting to think about my next purchase or lease.

Thanks for the information; gives me something to think about.