2016 Hyundai Veloster Lease Questions

bcd2

Do you have the lease numbers for the 2016 Base Veloster? 36 months, 12K and 15K miles. Thanks so much.

kyfdx

bcd2 said:

Do you have the lease numbers for the 2016 Base Veloster? 36 months, 12K and 15K miles. Thanks so much.

Sorry, but we don't have the December numbers for Hyundai.

markymarkt

Numbers for 2016 r spec manual. 36/15 and 36/12. Los Angeles. Thank you.

kyfdx

markymarkt said:

Numbers for 2016 r spec manual. 36/15 and 36/12. Los Angeles. Thank you.

Sorry, but we don't have any Hyundai lease numbers, this month.

markymarkt

any numbers yet for so cal? 36/15. 2016 Automatic turbo. Are dealers required to show manufacturer MF when asked or can they pad their numbers? Thank you.

Michaell

markymarkt said:

any numbers yet for so cal? 36/15. 2016 Automatic turbo. Are dealers required to show manufacturer MF when asked or can they pad their numbers? Thank you.

No Hyundai numbers for January. Dealer can mark up the MF for extra profit. 

markymarkt

I got a 51% .00142 for a 36/15 veloster turbo auto. Not sure if MF reflect a profit but dealer quoted me this.

Michaell

markymarkt said:

I got a 51% .00142 for a 36/15 veloster turbo auto. Not sure if MF reflect a profit but dealer quoted me this.

.00102 is the base MF. Dealer is marking it up for extra profit. $3750 lease cash.

markymarkt

Tha

Michaell said:

markymarkt said:

I got a 51% .00142 for a 36/15 veloster turbo auto. Not sure if MF reflect a profit but dealer quoted me this.

.00102 is the base MF. Dealer is marking it up for extra profit. $3750 lease cash.

thank you!

jark

markymarkt said:

Tha

I got a 51% .00142 for a 36/15 veloster turbo auto. Not sure if MF reflect a profit but dealer quoted me this.

.00102 is the base MF. Dealer is marking it up for extra profit. $3750 lease cash.

thank you!

What is the MF for tier 3-4 credit.?  

Michaell

jark said:

markymarkt said:

Tha

Michaell said:

markymarkt said:

I got a 51% .00142 for a 36/15 veloster turbo auto. Not sure if MF reflect a profit but dealer quoted me this.

.00102 is the base MF. Dealer is marking it up for extra profit. $3750 lease cash.

thank you!

What is the MF for tier 3-4 credit.?  

.00129 for tier 4. Tiers 1-3 all get the .00102 MF.

markymarkt

Hi Michaell. Dealer said only a $2750 was available compared to your $3750. Is this true? Which credit report does Hyundai use to determine MF? Credit reports ranged from tier 2 score to tier 4. Of course dealer went to the lowest score. If we are able to get a car at invoice and properly claim all incentives, does the salesman or dealer even make money?

Michaell

markymarkt said:

Hi Michaell. Dealer said only a $2750 was available compared to your $3750. Is this true? Which credit report does Hyundai use to determine MF? Credit reports ranged from tier 2 score to tier 4. Of course dealer went to the lowest score. If we are able to get a car at invoice and properly claim all incentives, does the salesman or dealer even make money?

The lease cash is a factory to dealer incentive; dealer may choose to share none, part, or all of that with the customer.

No idea which credit report HMF uses.

I wouldn't worry about whether the dealer or salesman make any money on the deal; focus on getting the car for the price you are comfortable with.

You may want to reach out to multiple Hyundai dealers and have them negotiate against one another for your business.

phatchico

Would you happen to have the lease numbers for both the base Veloster and Turbo variants for 36/12 for February? Need Money Factor and Residual for Tier 1 credit. Thanks in advance!

kyfdx

phatchico said:

Would you happen to have the lease numbers for both the base Veloster and Turbo variants for 36/12 for February? Need Money Factor and Residual for Tier 1 credit. Thanks in advance!

Automatic or stick=shift?

phatchico

kyfdx said:

Automatic or stick=shift?

I suppose both as I am examining all options at this point. Manual would be the preference though.

kyfdx

phatchico said:

Would you happen to have the lease numbers for both the base Veloster and Turbo variants for 36/12 for February? Need Money Factor and Residual for Tier 1 credit. Thanks in advance!

Base MT: .00104 MF and 53% residual.
Base auto: .00073 and 54%.
Turbo MT: .00054 and 51%
Turbo auto: .00102 and 53%

$2750 lease cash on all.

phatchico

thank you!

curtp_mke

Do you have June residual / MF for Veloster Turbo w/ 7spd DCT? With tech package if it matters. Looking for 24/15, 36/15 and 48/15. 12k mi. #s too if you have them. Thanks!

kyfdx

curtp_mke said:

Do you have June residual / MF for Veloster Turbo w/ 7spd DCT? With tech package if it matters. Looking for 24/15, 36/15 and 48/15. 12k mi. #s too if you have them. Thanks!

No 24 month leases on the Veloster.

36/15: .00102 MF and 51% residual. $2750 lease cash

48/15: .00158 MF and 42% residual. $2750 lease cash

Add 2% for 12K/yr

rafangel

Money factor and residual for veloster turbo in Fl 36/12 both dct and manual, Thanks

Michaell

rafangel said:

Money factor and residual for veloster turbo in Fl 36/12 both dct and manual, Thanks

MT - .00134 and 50%
AT - .00102 and 53%

$2750 lease cash for both.

rafangel

Thank you

dsp9753

Hi, what are the current MF and residual for all the veloster trims in MD 36/12 in automatic? Also, any current lease cash available?

kyfdx

dsp9753 said:

Hi, what are the current MF and residual for all the veloster trims in MD 36/12 in automatic? Also, any current lease cash available?

Base auto: .00053 MF and 53% residual. $2750 lease cash
Turbo auto: .00082 MF and 52% residual. $2750 lease cash

allfortheunion

Do you have November MF and RV in California for Veloster Auto Turbo 36mo/12K? Is lease cash $3750? thanks, Dave

Michaell

allfortheunion said:

Do you have November MF and RV in California for Veloster Auto Turbo 36mo/12K? Is lease cash $3750? thanks, Dave

We only have residual numbers; no MF or incentive information this month.

43% for 36/12

incorruptible

Hey folks, first-timer here at Edmunds. Not too familiar with leasing. I was offered a Hyundai Veloster Turbo MSRP 19114 + tech/style package => 24,315 USD MSRP, for 250 USD a month, 3000 USD down, for a three year lease.

Would this be considered a decent deal?

kyfdx

incorruptible said:

Hey folks, first-timer here at Edmunds. Not too familiar with leasing. I was offered a Hyundai Veloster Turbo MSRP 19114 + tech/style package => 24,315 USD MSRP, for 250 USD a month, 3000 USD down, for a three year lease.

Would this be considered a decent deal?

What is mileage allowance?
Do you know the selling price or CAP cost?
Do you have a breakdown of the $3000 upfront?
What state/tax rate?
Manual or automatic?

incorruptible

12,000 miles
No idea what's the selling price
The 3000 down would be the valuation of my old Mazda 3, 2008
Tax rate is 7%
Double clutch transmission

Appreciate the help! I'm sorry I'm still digging my teeth into this whole leasing stuff.

kyfdx

incorruptible said:

12,000 miles
No idea what's the selling price
The 3000 down would be the valuation of my old Mazda 3, 2008
Tax rate is 7%
Double clutch transmission

Appreciate the help! I'm sorry I'm still digging my teeth into this whole leasing stuff.

.00041 MF and 47% residual. $3750 lease cash.
To calculate a lease, need at least the selling price.