2017 Hyundai Elantra Lease Deals and Prices

leasemath

Elantra Value edition Automatic
12K/36Month
Zip : 08691(NJ)
$225 per month.
Is this a good deal?

Michaell

leasemath said:

Elantra Value edition Automatic
12K/36Month
Zip : 08691(NJ)
$225 per month.
Is this a good deal?

We did not get any Hyundai numbers, this month.

bforbrian

Are the May numbers out yet? I'd like to know the RV and MF for Elantra Value 36/12K in NJ.

Michaell

bforbrian said:

Are the May numbers out yet? I'd like to know the RV and MF for Elantra Value 36/12K in NJ.

We never received the May numbers for Hyundai.

At this point, we're hoping to see new numbers in June.

bforbrian

Michaell said:

bforbrian said:

Are the May numbers out yet? I'd like to know the RV and MF for Elantra Value 36/12K in NJ.

We never received the May numbers for Hyundai.

At this point, we're hoping to see new numbers in June.

Sorry I'm relatively new. Does that mean that April numbers apply to May?

kyfdx

bforbrian said:

Michaell said:

bforbrian said:

Are the May numbers out yet? I'd like to know the RV and MF for Elantra Value 36/12K in NJ.

We never received the May numbers for Hyundai.

At this point, we're hoping to see new numbers in June.

Sorry I'm relatively new. Does that mean that April numbers apply to May?

No.. there are new numbers for May. We don't have the information.

bmack11

I am interested in leasing a 2017 Hyundai Elantra SE Auto in New Jersey for 36 months/15,000 miles. Please tell me the money factor and residual value. Thanks,

kyfdx

bmack11 said:

I am interested in leasing a 2017 Hyundai Elantra SE Auto in New Jersey for 36 months/15,000 miles. Please tell me the money factor and residual value. Thanks,

Sorry, but we didn't get the Hyundai programs for May.

bmack11

Is there usually a big variaton from month to month?

kyfdx

bmack11 said:

Is there usually a big variaton from month to month?

The variation.. (wait for it).... varies

doomtoall1981

Can you please provide 36/15k MF and residuals plus any incentives. Thank you 

kyfdx

doomtoall1981 said:

Can you please provide 36/15k MF and residuals plus any incentives. Thank you 

Sorry, but we didn't get the June programs

Consiglieri

JUNE LEASE INFO (in MD)
2017 Elantra SE auto trans.
36 months/12,000 miles per year
Money factor (tier 1 plus) .00050 (1.2%)
Residual 56%
Incentive $2500

kyfdx

Consiglieri said:

JUNE LEASE INFO (in MD)
2017 Elantra SE auto trans.
36 months/12,000 miles per year
Money factor (tier 1 plus) .00050 (1.2%)
Residual 56%
Incentive $2500

Thanks for the info!

juliuspiv

Consiglieri said:

JUNE LEASE INFO (in MD)
2017 Elantra SE auto trans.
36 months/12,000 miles per year
Money factor (tier 1 plus) .00050 (1.2%)
Residual 56%
Incentive $2500

Do you happen to know the details on the Value , Sport or Limited?

Consiglieri

juliuspiv said:

JUNE LEASE INFO (in MD)
2017 Elantra SE auto trans.
36 months/12,000 miles per year
Money factor (tier 1 plus) .00050 (1.2%)
Residual 56%
Incentive $2500

Do you happen to know the details on the Value , Sport or Limited?

I'm sorry but I don't. Why don't you just call one of the sales managers at your local Hyundai dealership?  If they won't give you some basic lease info, I don't now how they can expect you to buy a car from them!

johncft

I'm in SF, CA and just talked to a local dealer and he told me the MF is .00056 and Residual for 36mo, 10k/yr is 53% and they do participate in $1000 uber. This is for the Elantra Sport MT w/ Premium.

Michaell

johncft said:

I'm in SF, CA and just talked to a local dealer and he told me the MF is .00056 and Residual for 36mo, 10k/yr is 53% and they do participate in $1000 uber. This is for the Elantra Sport MT w/ Premium.

Thanks for the information!

volnedan

Wow money factor really jumped from 0.00004 in April. Lease looks no bueno right now.

TICTAC587

This is the what I'm offered can you tell me if the numbers line up?
Elantra Value edition 10/36.
MSRP 21,420
Selling price 19,350
Incentives $3,500 (hyundai/uber cash)
Adjusted Cap Cost is $16,625.84
0.00114 MF rate.
$935 due at signing
payment of $137.42

Michaell

TICTAC587 said:

This is the what I'm offered can you tell me if the numbers line up?
Elantra Value edition 10/36.
MSRP 21,420
Selling price 19,350
Incentives $3,500 (hyundai/uber cash)
Adjusted Cap Cost is $16,625.84
0.00114 MF rate.
$935 due at signing
payment of $137.42

What is the residual % or value? Without that, we cannot perform any calculations.

TICTAC587

Michaell said:

TICTAC587 said:

This is the what I'm offered can you tell me if the numbers line up?
Elantra Value edition 10/36.
MSRP 21,420
Selling price 19,350
Incentives $3,500 (hyundai/uber cash)
Adjusted Cap Cost is $16,625.84
0.00114 MF rate.
$935 due at signing
payment of $137.42

What is the residual % or value? Without that, we cannot perform any calculations.

60% is the residual

Michaell

TICTAC587 said:

Michaell said:

TICTAC587 said:

This is the what I'm offered can you tell me if the numbers line up?
Elantra Value edition 10/36.
MSRP 21,420
Selling price 19,350
Incentives $3,500 (hyundai/uber cash)
Adjusted Cap Cost is $16,625.84
0.00114 MF rate.
$935 due at signing
payment of $137.42

What is the residual % or value? Without that, we cannot perform any calculations.

60% is the residual

I'm about $1 off of those calculations.

Amazingly cheap for a $21K vehicle.

slester1979

Hello. I don't have any experience leasing a car, but have read a bit in the past few days and want to run this offer by you guys. I'm in New York and spent an hour or two at a Hyundai dealer last night. I'm looking to get out of New York City on the weekends and want to lease a car to accomplish this. I'm looking at the base model Elantra sedan. I drove the 2017 Mazda 3 as a rental a few months ago and really liked it. I'm not as excited about the Elantra, but it seems to be a much cheaper lease.

I was quoted a $109 monthly payment for 36 months / 10,000 miles. I'd have to pay $1721 at signing. Here's the printout I was given.

MSRP: $19,110.00
Discount: $1,442.83
Rebate: $3,500.00
Adjusted Price: $14,167.17
Autism Donation: -$5.00

Total Purchase: $14,167.17
Taxable Fees (Estimate): $595.00
Doc Fee: $75.00
Tire Fee: $12.50
Tax: $718.35
Non Tax Fees: $212.00
Net Price: $15,780.02

I was reading that I should negotiate the MSRP as opposed to the monthly payment. Am I paying too much up front in fees? Can I get a Mazda 3 or a Civic for a similar price or for not much higher? I'd appreciate any help. Thanks in advance.

- Steve

Michaell

slester1979 said:

Hello. I don't have any experience leasing a car, but have read a bit in the past few days and want to run this offer by you guys. I'm in New York and spent an hour or two at a Hyundai dealer last night. I'm looking to get out of New York City on the weekends and want to lease a car to accomplish this. I'm looking at the base model Elantra sedan. I drove the 2017 Mazda 3 as a rental a few months ago and really liked it. I'm not as excited about the Elantra, but it seems to be a much cheaper lease.

I was quoted a $109 monthly payment for 36 months / 10,000 miles. I'd have to pay $1721 at signing. Here's the printout I was given.

MSRP: $19,110.00
Discount: $1,442.83
Rebate: $3,500.00
Adjusted Price: $14,167.17
Autism Donation: -$5.00

Total Purchase: $14,167.17
Taxable Fees (Estimate): $595.00
Doc Fee: $75.00
Tire Fee: $12.50
Tax: $718.35
Non Tax Fees: $212.00
Net Price: $15,780.02

I was reading that I should negotiate the MSRP as opposed to the monthly payment. Am I paying too much up front in fees? Can I get a Mazda 3 or a Civic for a similar price or for not much higher? I'd appreciate any help. Thanks in advance.

- Steve

First, we do not have the Hyundai lease program numbers for this month, so we won't be able to help you with the payment calculations.

Yes, you want to negotiate the selling price rather than the monthly payment.

We suggest you limit your up front cash to the first payment and the DMV costs - add everything else into the lease (taxes and fees).

I think the Elantra will be a bit less money to lease than either the 3 or the Civic.

slester1979

Thanks for your quick response, Michaell. I appreciate it. Does it make sense that they have added $835 Freight and $125 Carpeted Floor Mats to the MSRP bringing up from $18,150 to $19,110? Are these costs which can be avoided?

Edit: I just researched and see that the Freight Fee is standard. What's up with the $125 for Floor Mats, though?

Michaell

slester1979 said:

Thanks for your quick response, Michaell. I appreciate it. Does it make sense that they have added $835 Freight and $125 Carpeted Floor Mats to the MSRP bringing up from $18,150 to $19,110? Are these costs which can be avoided?

Edit: I just researched and see that the Freight Fee is standard. What's up with the $125 for Floor Mats, though?

That is a factory option that has been added.

The total MSRP is what you want to negotiate against.

volnedan

Dealer in Michigan gave me terrible quote on an Elantra Sport 6MT, but at least he confirmed the 52% residual for 36/12k and MF of 0.00004, which I had to ask many times if this was correct.
Anyways, here's his crappy offer that doesn't match up with the numbers I run on my calculator:
MSRP - $25,300
A-plan discount: -$1650
Hyundai lease cash: -$2750
Uber lease incentive: -$1000
Cap cost: $19,900
Residual: 52% (12k mi/yr)
MF: 0.00004
Monthly payment: $269/mo (including 6% tax)
Total due at signing: ~$1,000 (1st payment, doc fee, acquisition fee, tax on rebates, etc)

My calculations put me at $200/mo. He hasn't provided me a good breakdown of all the fees, so I'm sure something is being added to cap cost. Even with MF of 0.00056, payment only jumps to $218/mo.

kyfdx

volnedan said:

Dealer in Michigan gave me terrible quote on an Elantra Sport 6MT, but at least he confirmed the 52% residual for 36/12k and MF of 0.00004, which I had to ask many times if this was correct.
Anyways, here's his crappy offer that doesn't match up with the numbers I run on my calculator:
MSRP - $25,300
A-plan discount: -$1650
Hyundai lease cash: -$2750
Uber lease incentive: -$1000
Cap cost: $19,900
Residual: 52% (12k mi/yr)
MF: 0.00004
Monthly payment: $269/mo (including 6% tax)
Total due at signing: ~$1,000 (1st payment, doc fee, acquisition fee, tax on rebates, etc)

My calculations put me at $200/mo. He hasn't provided me a good breakdown of all the fees, so I'm sure something is being added to cap cost. Even with MF of 0.00056, payment only jumps to $218/mo.

Ask for the adjusted CAP cost, and an accounting of the difference between that and your assumption of $19,900. I don't think the $1000 upfront is going to cover all of the items you listed.

bforbrian

Any July numbers? Looking for RV and MF for Elantra Sport in NY/NJ 12/36.

kyfdx

bforbrian said:

Any July numbers? Looking for RV and MF for Elantra Sport in NY/NJ 12/36.

Assuming automatic:
.00025 MF and 53% residual
$2250 lease cash

beardtw12

Do you have MF/RV/lease cash for both 2017 Value Edition and SE 36/10 automatic? Cincinnati 

beardtw12

And also Limited Auto 36/10

Michaell

beardtw12 said:

Do you have MF/RV/lease cash for both 2017 Value Edition and SE 36/10 automatic? Cincinnati 

beardtw12 said:

And also Limited Auto 36/10

Value - .00043 and 56%
SE - .00037 and 55%
Limited - .00011 and 53%
$2250 lease cash

radzer0

Whats the numbers for the elantra eco, 36/10k and 36/12k? Im in louisiana.

Michaell

radzer0 said:

Whats the numbers for the elantra eco, 36/10k and 36/12k? Im in louisiana.

.00030 and 56% / 55%

$1250 lease cash

Sorry, those were the 2018 numbers. Let's try again:

.00032 and 54% / 53%

$2250 lease cash

radzer0

You sure on the $2250? The calculator on the hyundai site is showing $3000 and than the $500 bonus cash.

beardtw12

radzer0 said:

You sure on the $2250? The calculator on the hyundai site is showing $3000 and than the $500 bonus cash.

I think there's $2000 and $500 incentives from Hyundai ($3000 and $500 for Limited model) and then the lease cash in separate from that...or at least that's what I'm hoping. Hopefully Michaell can confirm 

Michaell

beardtw12 said:

radzer0 said:

You sure on the $2250? The calculator on the hyundai site is showing $3000 and than the $500 bonus cash.

I think there's $2000 and $500 incentives from Hyundai ($3000 and $500 for Limited model) and then the lease cash in separate from that...or at least that's what I'm hoping. Hopefully Michaell can confirm 

I only show the $2250.

Lease incentives are rarely published on the web; those could be purchase incentives.

radzer0

Talking about when you goto calculate payments. It applys them under the lease tab and has a note at the bottom that the 3000 is for 36months thru HMF. Do you see anything on conquest on the Elantra? Or is it excluded? I see it on all the other models. 

Uber is still a questionable one as many sites say lease or purchase and some dealers do it and some say it ain't allowed. "They don't want to lease to Uber drivers due to mileage" if someone wants to lease a car and do 50k a year its on them. Doesn't hurt Hyundai at all lol

Michaell

radzer0 said:

Talking about when you goto calculate payments. It applys them under the lease tab and has a note at the bottom that the 3000 is for 36months thru HMF. Do you see anything on conquest on the Elantra? Or is it excluded? I see it on all the other models. 

Uber is still a questionable one as many sites say lease or purchase and some dealers do it and some say it ain't allowed. "They don't want to lease to Uber drivers due to mileage" if someone wants to lease a car and do 50k a year its on them. Doesn't hurt Hyundai at all lol

I do see HMF "Bonus Cash" of $750, which makes a total of $3000 when combined with the lease cash.

No information about conquest incentives.

hitonino

Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive of 2017 Hyundai Elantra Limited with the Ultimate and technology package in Reno, Nevada, for 36/12,000 and 36/10,000 lease?

thank you

Michaell

hitonino said:

Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive of 2017 Hyundai Elantra Limited with the Ultimate and technology package in Reno, Nevada, for 36/12,000 and 36/10,000 lease?

thank you

36/12 - .00011 and 52%
$2250 lease cash
Add 1% for 10K

okan00011

Can I have RV and MF For the 2017 Elantra value edition for 36/12  and 36/10 for zip code: 08884 please? Any lease cash info would be great too! Thanks! 

Michaell

okan00011 said:

Can I have RV and MF For the 2017 Elantra value edition for 36/12  and 36/10 for zip code: 08884 please? Any lease cash info would be great too! Thanks! 

.00043 and 55% / 56%

$2250 lease cash

hitonino

I am looking for the Money Factor, Residual Value, and Cash lease incentive of 2017 Hyundai Elantra Limited with the Ultimate and technology package for 24/12,000 (2 years lease) in Reno, Nevada.

Thank you

Michaell

hitonino said:

I am looking for the Money Factor, Residual Value, and Cash lease incentive of 2017 Hyundai Elantra Limited with the Ultimate and technology package for 24/12,000 (2 years lease) in Reno, Nevada.

Thank you

There is no 24 month term available for the Elantra.

gonisong

Hi, can I please get the MF, the residual, and any cash incentive for the 2017 Elantra SE for 36/12 and 36/15 for zip code 91020? Thank you in advance!

kyfdx

gonisong said:

Hi, can I please get the MF, the residual, and any cash incentive for the 2017 Elantra SE for 36/12 and 36/15 for zip code 91020? Thank you in advance!

Assuming automatic:

.00037 MF and 54%/52% residual
$2250 lease cash

gregw5

I kindly ask if you can post lease rates: buy-it rate and residual value for Hyundai Elantra Sport.
24mos / 10k miles
36mos / 10k miles

Thank you.