2016 Hyundai Santa Fe Lease Questions

emgilliatt12

Any numbers yet for a Santa Fe limited awd, ultimate? 3/36.
Thanks"

kyfdx

emgilliatt12 said:

Any numbers yet for a Santa Fe limited awd, ultimate? 3/36.
Thanks"

No Hyundai numbers for August, yet.

jbshopper

Any Update on August numbers for the 2016 Santa Fe Limited w/ Ultimate Package and FWD? 36 months, 12k miles per year? Thanks!

kyfdx

jbshopper said:

Any Update on August numbers for the 2016 Santa Fe Limited w/ Ultimate Package and FWD? 36 months, 12k miles per year? Thanks!

None, sorry.

kokos7

Hi, I posted the below question in "2015 Hyundai Santa Fe Lease Questions" and then I noticed this thread for 2016. Sorry for the duplication.

Hello, do we have the latest MF/residual/incentives for NJ:
2016 Santa Fe SE AWD
- Premium only
- Premium/Ultimate package

for 36M, 15K and 18K lease?

Michaell

kokos7 said:

Hi, I posted the below question in "2015 Hyundai Santa Fe Lease Questions" and then I noticed this thread for 2016. Sorry for the duplication.

Hello, do we have the latest MF/residual/incentives for NJ:
2016 Santa Fe SE AWD
- Premium only
- Premium/Ultimate package

for 36M, 15K and 18K lease?

No worries .. we didn't get any Hyundai lease numbers for August, however.

kokos7

For those interested, here are the numbers I got in NJ for 36M, 15K lease:

2016 Santa Fe SE AWD Premium/Ultimate package:
MF 0.00032 RV: 57%

2016 Santa Fe Limited AWD Ultimate package:
MF 0.00050 RV: 56%

kyfdx

kokos7 said:

For those interested, here are the numbers I got in NJ for 36M, 15K lease:

2016 Santa Fe SE AWD Premium/Ultimate package:
MF 0.00032 RV: 57%

2016 Santa Fe Limited AWD Ultimate package:
MF 0.00050 RV: 56%

Thanks for the update!

cpguy33

What are the September numbers for a 2016 Santa Fe Limited AWD w/Ultimate package, in CO, for 12K and 10K lease?
Also are there any factory to dealer lease incentives?

Michaell

cpguy33 said:

What are the September numbers for a 2016 Santa Fe Limited AWD w/Ultimate package, in CO, for 12K and 10K lease?
Also are there any factory to dealer lease incentives?

Haven't yet seen any September numbers from Hyundai, sorry.

ROMIL

Any Sep numbers yet?

kyfdx

ROMIL said:

Any Sep numbers yet?

Sure.... what trim, term and mileage?

eagle56

Any Numbers for 2016 Santa Fe SE AWD with premium/ultimate package 36 months, 12k per year in Philadelphia. Thanks

kyfdx

eagle56 said:

Any Numbers for 2016 Santa Fe SE AWD with premium/ultimate package 36 months, 12k per year in Philadelphia. Thanks

.00032 MF and 595 residual

eagle56

kyfdx said:

eagle56 said:

Any Numbers for 2016 Santa Fe SE AWD with premium/ultimate package 36 months, 12k per year in Philadelphia. Thanks

.00032 MF and 595 residual

Thanks! I got quoted 389 with zero down on the above vehicle for 12k 36 months. MSRP Of 37545. Negotiated price with rebates was 31995. My number using your numbers are roughly 100 dollars less?

eagle56

eagle56 said:

kyfdx said:

eagle56 said:

Any Numbers for 2016 Santa Fe SE AWD with premium/ultimate package 36 months, 12k per year in Philadelphia. Thanks

.00032 MF and 595 residual

Thanks! I got quoted 389 with zero down on the above vehicle for 12k 36 months. MSRP Of 37545. Negotiated price with rebates was 31995. My number using your numbers are roughly 100 dollars less?

I should also mention its premium package not ultimate

kyfdx

eagle56 said:

kyfdx said:

eagle56 said:

Any Numbers for 2016 Santa Fe SE AWD with premium/ultimate package 36 months, 12k per year in Philadelphia. Thanks

.00032 MF and 595 residual

Thanks! I got quoted 389 with zero down on the above vehicle for 12k 36 months. MSRP Of 37545. Negotiated price with rebates was 31995. My number using your numbers are roughly 100 dollars less?

You have to ask for the CAP cost. If you negotiated that price before telling them you were leasing, it might include incentives that aren't available on a lease.

The CAP cost will tell you how much else is in the deal (acquisition fee, etc).

tsautots

October numbers available for 2016 Limited Ultimate? 36 mo, 10,000 miles in CA.

Michaell

tsautots said:

October numbers available for 2016 Limited Ultimate? 36 mo, 10,000 miles in CA.

I'll assume FWD.

.00125 and 57%. $3000 lease cash.

kyfdx

Michaell said:

tsautots said:

October numbers available for 2016 Limited Ultimate? 36 mo, 10,000 miles in CA.

I'll assume FWD.

.00125 and 57%. $3000 lease cash.

Also... it's November, so we quote November numbers. (which we did)

illipro

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

kyfdx

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

illipro

kyfdx said:

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

Sport

Michaell

illipro said:

kyfdx said:

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

Sport

FWD or AWD?

illipro

Michaell said:

illipro said:

kyfdx said:

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

Sport

FWD or AWD?

FWD

Michaell

illipro said:

Michaell said:

illipro said:

kyfdx said:

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

Sport

FWD or AWD?

FWD

2016 Santa Fe Sport 2.0T FWD 36/12 - .00127 and 54%. $2250 lease cash.

Using your MSRP and selling price, that works out to $449.33/mo + tax

So, your quote of $466/mo seems pretty good if it includes tax.

illipro

Michaell said:

illipro said:

Michaell said:

illipro said:

kyfdx said:

illipro said:

Got an offer .. 33800 Santa fe 2.0t w/ ultimate package, tow hitch, etc. @ 466 a month

MSRP 37200
36/12 Lease
54% Residual
.00125 Residual

Good Deal?

Is it a Santa Fe? Or, a Santa Fe Sport?

Sport

FWD or AWD?

FWD

2016 Santa Fe Sport 2.0T FWD 36/12 - .00127 and 54%. $2250 lease cash.

Using your MSRP and selling price, that works out to $449.33/mo + tax

So, your quote of $466/mo seems pretty good if it includes tax.

Yes includes tax. Thanks.

flaherty509

Please Help. I'm new to the leasing game and want to know if this is a good deal.

2016 Santa Fe Limited FWD.
MSRP $36,100
Purchase price $28,200
MF = 0.00198
Residual = 46% of MSRP.

Includes taxes and first months payment.

We have until Monday to accept.

After looking at the other MF on this forum it seems the 0.00198 is high. Our credit rating is 760. Also, the 46% residual seems a lot lower than the normal 56 - 57%. Is this good or not.

Thanks for the help!

Michaell

flaherty509 said:

Please Help. I'm new to the leasing game and want to know if this is a good deal.

2016 Santa Fe Limited FWD.
MSRP $36,100
Purchase price $28,200
MF = 0.00198
Residual = 46% of MSRP.

Includes taxes and first months payment.

We have until Monday to accept.

After looking at the other MF on this forum it seems the 0.00198 is high. Our credit rating is 760. Also, the 46% residual seems a lot lower than the normal 56 - 57%. Is this good or not.

Thanks for the help!

.00125 and 56% are the Hyundai Finance numbers for the Limited FWD 36/12.

My guess is that the dealer is using a different bank for this lease, which includes big rebates to bring the selling price down.

With the numbers you provided, I get $411/mo + tax for 36 months.

We'd need to know the selling price without all the 3rd party incentives in order to model a payment using the Hyundai Finance numbers.

flaherty509

Thanks for the reply.

I just talked to the dealer and he has said he found another incentive and the Limited is down to $379/mo including taxes. I asked him if they are financing through Hyundai Finance and he said yes.

So the MSRP = $36,100
Sale Price = $27,552
MF = 0.00198
Residual = 46% of MSRP

I'm a newby so forgive me if I'm not asking the dealer the right questions or getting the correct info.

Michaell

flaherty509 said:

Thanks for the reply.

I just talked to the dealer and he has said he found another incentive and the Limited is down to $379/mo including taxes. I asked him if they are financing through Hyundai Finance and he said yes.

So the MSRP = $36,100
Sale Price = $27,552
MF = 0.00198
Residual = 46% of MSRP

I'm a newby so forgive me if I'm not asking the dealer the right questions or getting the correct info.

What lease term and how many miles is this for?

Do you know what your credit score is?

I ask because the 48 month MF is .00158, which can be marked up by the dealer for extra profit or marked up based on your credit score.

flaherty509

credit score is 760. Sorry i didn't list this prior. 48 mo/10k. i suspect the markup is for profit.

Michaell

flaherty509 said:

credit score is 760. Sorry i didn't list this prior. 48 mo/10k. i suspect the markup is for profit.

Exactly. Tell them you won't sign a deal with an inflated MF - they know what the base rate is, no need to negotiate.

flaherty509

Thanks for the help. That is what I'll tell them.

flaherty509

One last question. We are considering the SE Premium package FWD also. 48mo/10k lease.

Are the MF and residual the same as the limited?

Thanks!

kyfdx

flaherty509 said:

One last question. We are considering the SE Premium package FWD also. 48mo/10k lease.

Are the MF and residual the same as the limited?

Thanks!

.00158 MF and 48% residual. $3750 lease cash

flaherty509

I got the deal. Santa Fe Limited FWD. 48 mo/10k

MSRP = $36,100
Cap Cost = $29,250
MF = 0.00158
Residual = 46%

Payments of $359 including taxes and all fees due at inception.

Thanks for the help. I learned a lot.

Michaell

flaherty509 said:

I got the deal. Santa Fe Limited FWD. 48 mo/10k

MSRP = $36,100
Cap Cost = $29,250
MF = 0.00158
Residual = 46%

Payments of $359 including taxes and all fees due at inception.

Thanks for the help. I learned a lot.

Congrats! Enjoy your new Santa Fe!

hsloanstuart

Can I get updated Santa Fe MF, residual for Missouri? Limited with ultimate package, AWD

kyfdx

hsloanstuart said:

Can I get updated Santa Fe MF, residual for Missouri? Limited with ultimate package, AWD

Sorry... we don't have any Hyundai numbers for December

hsloanstuart

I talked to a dealer on the phone Saturday and they said the numbers haven't really changed. can you tell me the November Santa Fe MF, residual for Missouri? Limited with ultimate package, AWD

hsloanstuart

hsloanstuart said:

I talked to a dealer on the phone Saturday and they said the numbers haven't really changed. can you tell me the November Santa Fe MF, residual for Missouri? Limited with ultimate package, AWD

Also, is there really no lease cash for the 16' santa fe (non sport) Edmunds shows it for the other models and years just not the new one?

Michaell

hsloanstuart said:

hsloanstuart said:

I talked to a dealer on the phone Saturday and they said the numbers haven't really changed. can you tell me the November Santa Fe MF, residual for Missouri? Limited with ultimate package, AWD

Also, is there really no lease cash for the 16' santa fe (non sport) Edmunds shows it for the other models and years just not the new one?

2016 Santa Fe Limited AWD 36/12 (from November) - .00137 and 57%. $3000 lease cash.

Lease cash is a factory to dealer incentive - not sure that Edmunds tracks that information at all.

allens62

Santa Fe SE w/Premium Package and AWD

I just got a 3 year lease price of $370 Month for 36 months and 12K miles on a Hyundai Lease. i dont have all the details behind the price but from what I have read here it seems to be a good deal and I want to verify that its as good as it sound.

The car is a Santa Fe SE All Wheel Drive with the Premium Package. this is with zero down and all Taxes and Fees rolled into the lease.

The lst price according to the Hyundai Website is $36,795. according to Edmunds MSRP where I live should be 36,945 and the True Market value is 35,256 less incentives for $34,756.

Given that data, and the current factors/residuals... how good of a deal is $370 per month ?

Thanks
Allen

kyfdx

allens62 said:

Santa Fe SE w/Premium Package and AWD

I just got a 3 year lease price of $370 Month for 36 months and 12K miles on a Hyundai Lease. i dont have all the details behind the price but from what I have read here it seems to be a good deal and I want to verify that its as good as it sound.

The car is a Santa Fe SE All Wheel Drive with the Premium Package. this is with zero down and all Taxes and Fees rolled into the lease.

The lst price according to the Hyundai Website is $36,795. according to Edmunds MSRP where I live should be 36,945 and the True Market value is 35,256 less incentives for $34,756.

Given that data, and the current factors/residuals... how good of a deal is $370 per month ?

Thanks
Allen

We don't have the current December program, but $370/mo. is a pretty good payment for a $37K MSRP vehicle.

hsloanstuart

Just spoke to someone about an AWD limited with ultimate package and they confirmed the lease cash and MF from November didn't change. .00137 in my case. 

I had had a question though. I'm looking at a "service" model that was used as a loaner and has 2000 miles on it. The MSRP is 42,800 and they have a sale price of 37,700. Realistically what can I ask additionally for the facts hat it is a service car? Still looking to lease but for cap cost purposes 

Michaell

hsloanstuart said:

Just spoke to someone about an AWD limited with ultimate package and they confirmed the lease cash and MF from November didn't change. .00137 in my case. 

I had had a question though. I'm looking at a "service" model that was used as a loaner and has 2000 miles on it. The MSRP is 42,800 and they have a sale price of 37,700. Realistically what can I ask additionally for the facts hat it is a service car? Still looking to lease but for cap cost purposes 

I'd say .25-.50 per mile deduct from the price. But, the residual may also be adjusted downward as well.

hsloanstuart

Sorry for all the questions but I may have an opportunity on a 15' AWD limited with ultimate package, is the MF and residual the same for the 16'?

kyfdx

hsloanstuart said:

Sorry for all the questions but I may have an opportunity on a 15' AWD limited with ultimate package, is the MF and residual the same for the 16'?

Sorry, but we didn't get the numbers for Hyundai, this month.

However, it's a virtual certainty that the programs for 2015 and 2016 models will be substantially different.

hsloanstuart

kyfdx said:

Sorry for all the questions but I may have an opportunity on a 15' AWD limited with ultimate package, is the MF and residual the same for the 16'?

Sorry, but we didn't get the numbers for Hyundai, this month. However, it's a virtual certainty that the programs for 2015 and 2016 models will be substantially different.

kyfdx said:

Sorry for all the questions but I may have an opportunity on a 15' AWD limited with ultimate package, is the MF and residual the same for the 16'?

Sorry, but we didn't get the numbers for Hyundai, this month. However, it's a virtual certainty that the programs for 2015 and 2016 models will be substantially different.

What were the differences for November?

illipro

Was just quote in Miami FL
Santa Fe 2.T Ultimate 36/12

MSRP = $37300
Sale Price = $33700
All Fees Rolled in - 2350.00
Rebates: 3000.00
MF = 0.00124
Residual = 54%

Was at 469.00 with tax. Maybe it was me but it seems high from my calculations. Walking out of the dealer they went down to 449.00. and they didn't want to include the Wear and Tear Protection. Still thought it was pretty high. Not sure if i was wrong. I thought there was more room on the selling price of the car. What do you guys think.