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2016 Hyundai Santa Fe Lease Questions

MichaellMichaell ColoradoPosts: 121,824
edited October 2015 in Hyundai
Ask your 2016 Santa Fe lease questions here!

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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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Comments

  • Are the October numbers for 2016 Santa Fe AWD Limited with Ultimate package in Ohio .00133 and 57% for 36/15. $2250 lease cash?

    Is the $2250 lease cash incentive on top of $750 Valued Owner and $1000 Uber incentives? The MF really increased from last month. More than doubled from .00051 (1.3%) to .00133 (3.1%). Yikes. Maybe that's why there's the extra $2250 cash lease incentive?
  • MichaellMichaell ColoradoPosts: 121,824

    Are the October numbers for 2016 Santa Fe AWD Limited with Ultimate package in Ohio .00133 and 57% for 36/15. $2250 lease cash?

    Is the $2250 lease cash incentive on top of $750 Valued Owner and $1000 Uber incentives? The MF really increased from last month. More than doubled from .00051 (1.3%) to .00133 (3.1%). Yikes. Maybe that's why there's the extra $2250 cash lease incentive?

    I confirm the .00133 and 57% for 36/15 on the AWD Limited.

    I don't know if the incentives can be stacked.

    Yes, I too suspect that the lease cash increased to offset the increase in the MF. Marketing and finance can manipulate the MF, lease cash and residual to suit their purposes.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Are the October numbers for 2016 Santa Fe AWD Limited with Ultimate package in Ohio .00133 and 57% for 36/15. $2250 lease cash?

    Is the $2250 lease cash incentive on top of $750 Valued Owner and $1000 Uber incentives? The MF really increased from last month. More than doubled from .00051 (1.3%) to .00133 (3.1%). Yikes. Maybe that's why there's the extra $2250 cash lease incentive?

    I confirm the .00133 and 57% for 36/15 on the AWD Limited.

    I don't know if the incentives can be stacked.

    Yes, I too suspect that the lease cash increased to offset the increase in the MF. Marketing and finance can manipulate the MF, lease cash and residual to suit their purposes.
    Unfortunately, the increase in lease cash does not offset that large of MF increase. I priced it out at dealer last month and then this month and that increase, even taking in account the incentives, meant a monthly increase of about $40 to $45 (our credit is excellent). I'll continue to wait for price/rate improvements. At this point, looks like I'll be driving my older model longer since its owned and have another year left on the extended warranty. In fact, maybe I'm better off keeping it past the warranty and just maintain it. But, I'll continue to watch for better offers.
  • MichaellMichaell ColoradoPosts: 121,824

    Michaell said:

    Are the October numbers for 2016 Santa Fe AWD Limited with Ultimate package in Ohio .00133 and 57% for 36/15. $2250 lease cash?

    Is the $2250 lease cash incentive on top of $750 Valued Owner and $1000 Uber incentives? The MF really increased from last month. More than doubled from .00051 (1.3%) to .00133 (3.1%). Yikes. Maybe that's why there's the extra $2250 cash lease incentive?

    I confirm the .00133 and 57% for 36/15 on the AWD Limited.

    I don't know if the incentives can be stacked.

    Yes, I too suspect that the lease cash increased to offset the increase in the MF. Marketing and finance can manipulate the MF, lease cash and residual to suit their purposes.
    Unfortunately, the increase in lease cash does not offset that large of MF increase. I priced it out at dealer last month and then this month and that increase, even taking in account the incentives, meant a monthly increase of about $40 to $45 (our credit is excellent). I'll continue to wait for price/rate improvements. At this point, looks like I'll be driving my older model longer since its owned and have another year left on the extended warranty. In fact, maybe I'm better off keeping it past the warranty and just maintain it. But, I'll continue to watch for better offers.
    Ouch. But, good to know you're not in a hurry and can wait for the numbers to be more favorable.

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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hemgs1hemgs1 Posts: 17
    Could I trouble you for the residual and mf on a fwd limited?  I'm in Texas.
  • MichaellMichaell ColoradoPosts: 121,824
    hemgs1 said:

    Could I trouble you for the residual and mf on a fwd limited?  I'm in Texas.

    .00120 and 58% for 36/12. $2250 lease cash.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • toledo73toledo73 Posts: 170
    what is mf and residual for hyundai santa fe SE, 36 mos, 12k per year, thx!
  • kyfdxkyfdx Posts: 128,257
    toledo73 said:

    what is mf and residual for hyundai santa fe SE, 36 mos, 12k per year, thx!

    FWD? .00110 MF and 60% residual. $2250 lease cash.

    If AWD, change MF to .00122

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    Edmunds Moderator

  • Can you post the numbers for AWD and FWD limited 36 months 10k/year?
  • kyfdxkyfdx Posts: 128,257
    iamgort said:

    Can you post the numbers for AWD and FWD limited 36 months 10k/year?

    AWD: .00137 MF and 57% residual for 36mo, 12K/yr.
    FWD: .00125 MF and 56% residual.

    $3000 lease cash on either model.

    Don't think Hyundai offers 10K/yr

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    Edmunds Moderator

  • MichaellMichaell ColoradoPosts: 121,824
    kyfdx said:

    iamgort said:

    Can you post the numbers for AWD and FWD limited 36 months 10k/year?

    AWD: .00137 MF and 57% residual for 36mo, 12K/yr.
    FWD: .00125 MF and 56% residual.

    $3000 lease cash on either model.

    Don't think Hyundai offers 10K/yr
    Hyundai does offer 10K leases ... add 1% to the 12K residuals.

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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Went to the dealer yesterday about the 2016 AWD Santa Fe Limited Ultimate. I asked for pricing on a lease as we are just getting info at this point. Asked for all 36/10, 36/12 & 36/15.  We are current Hyundai owners so he took that into consideration.  Assuming a $2,000 down payment.  Lease quotes were $400, $420 & $440 per month.  He did not provide the actual car price but did mention an MSRP around $42k.

    Can you provide the mf, residual and incentives?  What type of a price should I try for when we go back in to actually negotiate the deal?

    Thank you in advance for your help!
  • MichaellMichaell ColoradoPosts: 121,824
    cevr7cv said:

    Went to the dealer yesterday about the 2016 AWD Santa Fe Limited Ultimate. I asked for pricing on a lease as we are just getting info at this point. Asked for all 36/10, 36/12 & 36/15.  We are current Hyundai owners so he took that into consideration.  Assuming a $2,000 down payment.  Lease quotes were $400, $420 & $440 per month.  He did not provide the actual car price but did mention an MSRP around $42k.

    Can you provide the mf, residual and incentives?  What type of a price should I try for when we go back in to actually negotiate the deal?

    Thank you in advance for your help!

    .00137 and 57% for 36/12. $3000 lease cash,

    Add 1% for 10K, subtract 2% for 15K.

    Need to know the MSRP and negotiated selling price to model a payment.

    Use the "make / model / year" pull downs at the top of the page to link to the Edmunds pricing tools.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • rosanagrosanag Posts: 3
    edited November 2015
    Hello, 
    I just got a quote on the Santa Fe SE AWD with ultimate package for 450/month including tax 36/10 and $1500 down . She said the car price came down to 37500 . I am in California. Do you think this is good deal? My husband thinks she could go down more. 

    Thanks! 
  • kyfdxkyfdx Posts: 128,257
    rosanag said:

    Hello, 
    I just got a quote on the Santa Fe SE AWD with ultimate package for 450/month including tax 36/10 and $1500 down . She said the car price came down to 37500 . I am in California. Do you think this is good deal? My husband thinks she could go down more. 

    Thanks! 

    What is the MSRP?

    Is $1500 the full amount due at signing, or just a downpayment?

    What is your tax rate?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks for reply.  The Msrp is 42500 and the tax rate is 9.75 and 1500 is what's due at signing. 
    Thanks

  • kyfdx said:
    Hello, 
    I just got a quote on the Santa Fe SE AWD with ultimate package for 450/month including tax 36/10 and $1500 down . She said the car price came down to 37500 . I am in California. Do you think this is good deal? My husband thinks she could go down more. 

    Thanks! 
    What is the MSRP? Is $1500 the full amount due at signing, or just a downpayment? What is your tax rate?




    also he said she quoted him thinking our tax rate was 9.0 so not sure if she is going change it since the rate in our city is different 

  • kyfdxkyfdx Posts: 128,257
    rosanag said:

    Hello, 
    I just got a quote on the Santa Fe SE AWD with ultimate package for 450/month including tax 36/10 and $1500 down . She said the car price came down to 37500 . I am in California. Do you think this is good deal? My husband thinks she could go down more. 

    Thanks! 

    rosanag said:

    Thanks for reply.  The Msrp is 42500 and the tax rate is 9.75 and 1500 is what's due at signing. 
    Thanks

    .00137 MF and 58% residual. $3000 lease cash.

    If the $1500 pays for 1st payment, acquisition fee and title/registration, I get $442/mo.+tax. You are a bit under that.

    We don't really track selling prices, but considering the $3000 lease cash, you are only getting about $2000 off MSRP, otherwise.. Might be some more room.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Looking to lease 2016 Sante Fe AWD Limited with Ultimate that has MSRP OF $41,795. With tax (7% in NJ) and DMV, for 36 months and 15k miles and $1,000 down, the dealer is quoting $450.

    A Chevy Traverse with approximately same MSRP, I'm getting a lease of $360.

    Any explanation for the huge discrepancy? Thanks.
  • kyfdxkyfdx Posts: 128,257
    mattc305 said:

    Looking to lease 2016 Sante Fe AWD Limited with Ultimate that has MSRP OF $41,795. With tax (7% in NJ) and DMV, for 36 months and 15k miles and $1,000 down, the dealer is quoting $450.

    A Chevy Traverse with approximately same MSRP, I'm getting a lease of $360.

    Any explanation for the huge discrepancy? Thanks.

    Different lease programs and incentives. I can buy a 2015 Buick for 20% off sticker, right now, but if I want a 2016 BMW X1, I'll get 5% off. It's apples and oranges

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    mattc305 said:

    Looking to lease 2016 Sante Fe AWD Limited with Ultimate that has MSRP OF $41,795. With tax (7% in NJ) and DMV, for 36 months and 15k miles and $1,000 down, the dealer is quoting $450.

    A Chevy Traverse with approximately same MSRP, I'm getting a lease of $360.

    Any explanation for the huge discrepancy? Thanks.

    Different lease programs and incentives. I can buy a 2015 Buick for 20% off sticker, right now, but if I want a 2016 BMW X1, I'll get 5% off. It's apples and oranges
    AND IS THAT $450 a "GOOD" NUMBER?
  • kyfdxkyfdx Posts: 128,257
    mattc305 said:

    kyfdx said:

    mattc305 said:

    Looking to lease 2016 Sante Fe AWD Limited with Ultimate that has MSRP OF $41,795. With tax (7% in NJ) and DMV, for 36 months and 15k miles and $1,000 down, the dealer is quoting $450.

    A Chevy Traverse with approximately same MSRP, I'm getting a lease of $360.

    Any explanation for the huge discrepancy? Thanks.

    Different lease programs and incentives. I can buy a 2015 Buick for 20% off sticker, right now, but if I want a 2016 BMW X1, I'll get 5% off. It's apples and oranges
    AND IS THAT $450 a "GOOD" NUMBER?
    Don't know... if you have the selling price and CAP cost, we can check the calculations.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Are these unusually high MF rates? Im looking to buy (Santa Fe Limited FWD, Ultimate) but will wait if these are higher than normal
  • MichaellMichaell ColoradoPosts: 121,824

    Are these unusually high MF rates? Im looking to buy (Santa Fe Limited FWD, Ultimate) but will wait if these are higher than normal

    Hard to say ... looks like Hyundai has decided to increase the MF but add more lease cash to compensate. Can't tell you if this is going to be a trend going forward or not.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello, are the decemer numbers for 36/10 for both Santa Fe Sport AWD 2.0 limited and AWD santa limited? Thanks in advance.
  • MichaellMichaell ColoradoPosts: 121,824
    iamgort said:

    Hello, are the decemer numbers for 36/10 for both Santa Fe Sport AWD 2.0 limited and AWD santa limited? Thanks in advance.

    We never did get any Hyundai numbers this month.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • In the process of leasing Sante Fe AWD Limited with Ultimate Package for 36 months with 15k miles per year. The agreed upon price is $435.00 per month with $1500 down. The lease is in New Jersey, which has a 7% sales tax. MSRP on the vehicle is $42,335 and the sales price is $39,951. I would appreciate feedback on these numbers. Thank you.
  • MichaellMichaell ColoradoPosts: 121,824
    mattc305 said:

    In the process of leasing Sante Fe AWD Limited with Ultimate Package for 36 months with 15k miles per year. The agreed upon price is $435.00 per month with $1500 down. The lease is in New Jersey, which has a 7% sales tax. MSRP on the vehicle is $42,335 and the sales price is $39,951. I would appreciate feedback on these numbers. Thank you.

    We don't have the Hyundai lease numbers for December, so we are unable to evaluate your deal. Sorry.

    That said, $435/mo (with tax?) is a decent payment on a $42K SUV.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ddeliseddelise Posts: 355
    Hi - Do you have updated lease figures and incentives on the Santa FE FWD Limited w/ Ultimate Package. 36 months, 12k miles/year, in FL? Thanks
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