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2017 Hyundai Sonata Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 262,650
    mojomike said:

    Can someone please help me out. Thanks do not understand the dealers pricing
    MSRP 39685
    Selling Price 38033
    Lease cash + rebate: 7919
    Reg + Doc Fees: 80 + 384.96
    Acquisition Fee: 595
    RV: 20213.50
    MF: 0.00164 (yes I know it is marked up)
    Tax 8%

    Payment with no cash from me 452 including tax

    I just can't figure out anyway that this is possible.

    Ask the dealer for the adjusted cap cost, once the incentives are taken out from the selling price, and the fees and such are added in.

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  • kyfdxkyfdx Moderator Posts: 266,128
    edited March 2017
    mojomike said:

    Can someone please help me out. Thanks do not understand the dealers pricing
    MSRP 39685
    Selling Price 38033
    Lease cash + rebate: 7919
    Reg + Doc Fees: 80 + 384.96
    Acquisition Fee: 595
    RV: 20213.50
    MF: 0.00164 (yes I know it is marked up)
    Tax 8%

    Payment with no cash from me 452 including tax

    I just can't figure out anyway that this is possible.

    If I roll in the first payment, I get $399/mo.+tax, or about $432/mo.
    (that's using all of your numbers.. though the residual is off a little.. it's not a full percentage of the MSRP)

    If that $7919 is taxed, that's another $600+ dollars, and the payment would just about match up.

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  • gogoomagogooma Member Posts: 18
    Hi, what are the MF and RV for the 2017 Limited (2.4L) and Sport, for 36mo/12k and 36mo/15k, in NJ/NYC? Thanks so much!
  • MichaellMichaell Moderator Posts: 262,650
    gogooma said:

    Hi, what are the MF and RV for the 2017 Limited (2.4L) and Sport, for 36mo/12k and 36mo/15k, in NJ/NYC? Thanks so much!

    36/12 numbers; subtract 2% for 15K

    Limited 2.4 - .00106 and 54%
    Sport 2.4 - .00117 and 53%

    $3250 lease cash

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  • gogoomagogooma Member Posts: 18
    Michaell said:

    gogooma said:

    Hi, what are the MF and RV for the 2017 Limited (2.4L) and Sport, for 36mo/12k and 36mo/15k, in NJ/NYC? Thanks so much!

    36/12 numbers; subtract 2% for 15K

    Limited 2.4 - .00106 and 54%
    Sport 2.4 - .00117 and 53%

    $3250 lease cash

    Thanks! When you say $3250 lease cash, does that mean that the manufacturer is providing $3250 off the cap cost, so i should expect the dealer to include that in the lease figures? I'm trying to find information on the $3250 on hyundai's site, and i'm not seeing it, so i'm a little confused... Thanks so much!
  • kyfdxkyfdx Moderator Posts: 266,128
    gogooma said:

    Michaell said:

    gogooma said:

    Hi, what are the MF and RV for the 2017 Limited (2.4L) and Sport, for 36mo/12k and 36mo/15k, in NJ/NYC? Thanks so much!

    36/12 numbers; subtract 2% for 15K

    Limited 2.4 - .00106 and 54%
    Sport 2.4 - .00117 and 53%

    $3250 lease cash

    Thanks! When you say $3250 lease cash, does that mean that the manufacturer is providing $3250 off the cap cost, so i should expect the dealer to include that in the lease figures? I'm trying to find information on the $3250 on hyundai's site, and i'm not seeing it, so i'm a little confused... Thanks so much!
    Not sure if the $3250 is a customer or dealer incentive.
    Either way, assume any price given already includes it.

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  • tonyg2016tonyg2016 Member Posts: 737
    gogooma said:

    Michaell said:

    gogooma said:

    Hi, what are the MF and RV for the 2017 Limited (2.4L) and Sport, for 36mo/12k and 36mo/15k, in NJ/NYC? Thanks so much!

    36/12 numbers; subtract 2% for 15K

    Limited 2.4 - .00106 and 54%
    Sport 2.4 - .00117 and 53%

    $3250 lease cash

    Thanks! When you say $3250 lease cash, does that mean that the manufacturer is providing $3250 off the cap cost, so i should expect the dealer to include that in the lease figures? I'm trying to find information on the $3250 on hyundai's site, and i'm not seeing it, so i'm a little confused... Thanks so much!
    Lease cash is a non-published, non-retail incentive. Only edmunds provides the info - that is why we are here.
  • jonas989jonas989 Member Posts: 5
    edited March 2017
    Hi, can you tell me what the MF and RV would be for a Sport 2.0T for 36mo/12k lease in CT? Any other numbers that might help? Lease cash, incentives, etc.
  • MichaellMichaell Moderator Posts: 262,650
    jonas989 said:

    Hi, can you tell me what the MF and RV would be for a Sport 2.0T for 36mo/12k lease in CT? Any other numbers that might help? Lease cash, incentives, etc.

    .00137 and 52%. $3250 lease cash.

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  • gogoomagogooma Member Posts: 18
    Hi, could you please tell me the MF and RV for the 2017 Hybrid Limited, for 36mo/12k in NJ/NYC? Thanks so much!
  • kyfdxkyfdx Moderator Posts: 266,128
    gogooma said:

    Hi, could you please tell me the MF and RV for the 2017 Hybrid Limited, for 36mo/12k in NJ/NYC? Thanks so much!

    .00127 MF and 52% residual
    $2250 lease cash

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  • nyundercovernyundercover Member Posts: 10
    Can I have the numbers for Sonata SE Automatic, 36mo/12k in Chicago and Highland, Indiana?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,128

    Can I have the numbers for Sonata SE Automatic, 36mo/12k in Chicago and Highland, Indiana?

    Thanks!

    .00064 MF and 54% residual.
    $3250 lease cash

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  • romeynkromeynk Member Posts: 1
    What would the numbers be for the Sonata SE automatic for 10k miles for 3 years in California? 
  • MichaellMichaell Moderator Posts: 262,650
    romeynk said:

    What would the numbers be for the Sonata SE automatic for 10k miles for 3 years in California? 

    .00064 and 55%

    $3250 lease cash

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  • dykastdykast Member Posts: 12
    Hi guys. Looking to get the numbers on a Limited 2.0 36/10 in NY. And what incentives there are. Thank you.
  • nyundercovernyundercover Member Posts: 10
    Hello all. Interested in April numbers for Sonata SE and Limited automatic: 36mo/12k in Chicago.
  • kyfdxkyfdx Moderator Posts: 266,128
    Sorry, but we didn't get the April programs, yet.

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  • kyfdxkyfdx Moderator Posts: 266,128
    dykast said:

    Hi guys. Looking to get the numbers on a Limited 2.0 36/10 in NY. And what incentives there are. Thank you.

    .00054 MF and 51% residual
    $2500 lease cash

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  • kyfdxkyfdx Moderator Posts: 266,128

    Hello all. Interested in April numbers for Sonata SE and Limited automatic: 36mo/12k in Chicago.

    SE: .00077 MF and 54% residual
    LTD: .00071 MF and 53% residual

    $2500 lease cash

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  • ccmn2000ccmn2000 Member Posts: 16
    Hi, I am looking for MF, Residual, and Lease cash on Limited 2.0T, in PA. 10K 36. Thanks!
  • kyfdxkyfdx Moderator Posts: 266,128
    ccmn2000 said:

    Hi, I am looking for MF, Residual, and Lease cash on Limited 2.0T, in PA. 10K 36. Thanks!

    .00054 MF and 51% residual
    $2500 lease cash

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  • ccmn2000ccmn2000 Member Posts: 16
    kyfdx said:

    ccmn2000 said:

    Hi, I am looking for MF, Residual, and Lease cash on Limited 2.0T, in PA. 10K 36. Thanks!

    .00054 MF and 51% residual
    $2500 lease cash
    I could use some advice on what I should negotiate after the dealer's first offer.
    I will leave out fees, taxes, and 1st payment as they look correct and will be payed upfront.
    $35,675 MSRP
    $32,930 sale price
    $3,250 lease cash

    $29,680 after lease cash
    $638 my cash, cap cost reduction

    $29,042 after all reductions
    $595 acquisition
    $29,637 after acquisition added

    Their base payment is $349.41 36/10K with 52% residual and .00086 MF
    If I run your numbers with 51% and .00054 I get $355 base payment.
    Their extra "lease cash" makes their payment better.

    Any advice would be appreciated.
    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,128
    ccmn2000 said:

    kyfdx said:

    ccmn2000 said:

    Hi, I am looking for MF, Residual, and Lease cash on Limited 2.0T, in PA. 10K 36. Thanks!

    .00054 MF and 51% residual
    $2500 lease cash
    I could use some advice on what I should negotiate after the dealer's first offer.
    I will leave out fees, taxes, and 1st payment as they look correct and will be payed upfront.
    $35,675 MSRP
    $32,930 sale price
    $3,250 lease cash

    $29,680 after lease cash
    $638 my cash, cap cost reduction

    $29,042 after all reductions
    $595 acquisition
    $29,637 after acquisition added

    Their base payment is $349.41 36/10K with 52% residual and .00086 MF
    If I run your numbers with 51% and .00054 I get $355 base payment.
    Their extra "lease cash" makes their payment better.

    Any advice would be appreciated.
    Thanks!
    We don't have all the regions this month. It's possible that your area numbers are slightly different (though a different residual is weird).

    The goal is to make sure you aren't being taken advantage of. Getting all the numbers disclosed helps that. Be aware that tax is 9%-10% in PA, and collected on the payment, not paid upfront (except for taxable amounts paid upfront).

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  • drtodd101drtodd101 Member Posts: 72
    Can i get the MF & residual for the limited 2.4 for 36M/12k. Zip 17236.  Thanks
  • happyhonda18happyhonda18 Member Posts: 2
    hello. I am in the process of leasing a 2017 sonata plug in.
    12K/36 months.
    what is the MF and Residual factor
    I reside in the San Francisco Bay area.
    I am using costco which gives me a price of $34,215. before the federal incentives.
    thanks so much
  • kyfdxkyfdx Moderator Posts: 266,128
    drtodd101 said:

    Can i get the MF & residual for the limited 2.4 for 36M/12k. Zip 17236.  Thanks

    .00071 MF and 53% residual
    $2500 lease cash

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  • kyfdxkyfdx Moderator Posts: 266,128

    hello. I am in the process of leasing a 2017 sonata plug in.
    12K/36 months.
    what is the MF and Residual factor
    I reside in the San Francisco Bay area.
    I am using costco which gives me a price of $34,215. before the federal incentives.
    thanks so much

    .00093/.000124 MF for Base/Limited and 50% residual
    $6419 lease cash

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  • hummingbird7hummingbird7 Member Posts: 8
    Hello! Can I get the Lease cash, MF & residual for the Limited and Limited 2.0T for 36mo/15k in Maryland Zip 20759. Thanks!
  • kyfdxkyfdx Moderator Posts: 266,128

    Hello! Can I get the Lease cash, MF & residual for the Limited and Limited 2.0T for 36mo/15k in Maryland Zip 20759. Thanks!

    LTD: .00071 MF and 51% residual. $2500 lease cash
    LTD2.0T: .00054 MF and 48% residual. $2500 lease cash

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  • randomtaskrandomtask Member Posts: 9
    Hello,
    Could you post the MF and Residual factor in San Diego, CA for 12k miles 2.0T and Limited 2.0T?
    Thanks very much!
  • MichaellMichaell Moderator Posts: 262,650

    Hello,
    Could you post the MF and Residual factor in San Diego, CA for 12k miles 2.0T and Limited 2.0T?
    Thanks very much!

    Assuming 36 months,

    Sport 2.0T - .00099 and 53%
    Limited 2.0T - .00054 and 50%

    $2500 lease cash for both

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  • hummingbird7hummingbird7 Member Posts: 8
    kyfdx said:

    Hello! Can I get the Lease cash, MF & residual for the Limited and Limited 2.0T for 36mo/15k in Maryland Zip 20759. Thanks!

    LTD: .00071 MF and 51% residual. $2500 lease cash
    LTD2.0T: .00054 MF and 48% residual. $2500 lease cash
    For a 2017 Sonata LTD 2.0T, TrueCar is providing me a certificate showing a Retail Bonus Cash of -$6,000 and Certified Dealer MSRP Discount -$3,110. Are both of these applicable for Lease transactions? If so, the monthly payment should be quite competitive
  • kyfdxkyfdx Moderator Posts: 266,128

    kyfdx said:

    Hello! Can I get the Lease cash, MF & residual for the Limited and Limited 2.0T for 36mo/15k in Maryland Zip 20759. Thanks!

    LTD: .00071 MF and 51% residual. $2500 lease cash
    LTD2.0T: .00054 MF and 48% residual. $2500 lease cash
    For a 2017 Sonata LTD 2.0T, TrueCar is providing me a certificate showing a Retail Bonus Cash of -$6,000 and Certified Dealer MSRP Discount -$3,110. Are both of these applicable for Lease transactions? If so, the monthly payment should be quite competitive
    I doubt the retail bonus cash is applicable. Retail = purchase

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  • mortezaamortezaa Member Posts: 3
    edited May 2017
    Hi,

    What is MF and Residual Value for Sonata Sport 2.4L (with value edition package) for 36months 10K miles in central PA?

    Dealership says MF of 0.00117 which is much higher than what I am seeing here!
  • aspocaspoc Member Posts: 4
    Looking for MF and Residual Value on Sonata Limited 2.0T for 36 months, 10k miles in Chicagoland area. Anyone able to share what monthly payments they've recently obtained? Thank you!
  • kyfdxkyfdx Moderator Posts: 266,128
    aspoc said:

    Looking for MF and Residual Value on Sonata Limited 2.0T for 36 months, 10k miles in Chicagoland area. Anyone able to share what monthly payments they've recently obtained? Thank you!

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

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  • kyfdxkyfdx Moderator Posts: 266,128
    mortezaa said:

    Hi,

    What is MF and Residual Value for Sonata Sport 2.4L (with value edition package) for 36months 10K miles in central PA?

    Dealership says MF of 0.00117 which is much higher than what I am seeing here!

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

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  • drtodd101drtodd101 Member Posts: 72
    Any news yet? Sonata Limited MF and residual, 12/36 for 17236? Thanks.
  • MichaellMichaell Moderator Posts: 262,650
    drtodd101 said:

    Any news yet? Sonata Limited MF and residual, 12/36 for 17236? Thanks.

    No Hyundai numbers, this month. Not likely to see them, at this point.

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  • pedronobeanspedronobeans Member Posts: 5
    edited May 2017
    I see there are no May numbers available. I am about to try to negotiate a lease on a 2017 Sonata Sport Value Edition sticker price is $25,830 in 01701 area.
    Hyundai (HMF) is offering -$3250 should I expect to receive some dealership discount as well or only what HMF is offering in which case their online lease calculator is the bottomline? I need to get an idea what is reasonable to expect. Layman.
  • MichaellMichaell Moderator Posts: 262,650

    I see there are no May numbers available. I am about to try to negotiate a lease on a 2017 Sonata Sport Value Edition sticker price is $25,830 in 01701 area.
    Hyundai (HMF) is offering -$3250 should I expect to receive some dealership discount as well or only what HMF is offering in which case their online lease calculator is the bottomline? I need to get an idea what is reasonable to expect. Layman.

    You should negotiate a selling price before applying any incentives.

    Use the make / model / year pull downs to link to the TMV tools

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  • pedronobeanspedronobeans Member Posts: 5
    TMV?
  • MichaellMichaell Moderator Posts: 262,650

    TMV?

    True Market Value

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  • pedronobeanspedronobeans Member Posts: 5
    Thank you. I think I now have an idea of what is fair to expect/push for.
  • kaydub03kaydub03 Member Posts: 23
    I'm trying to get a lease on a simple 2017 Sonata SE, 12/36 in TX.  the monthly payment quote I got makes no sense to me....

    im new to this and am just confused.

    MSRP:  22960
    sale price: 17451
    $293/month with zero down and including TTL

    thay seems wrong, right?
  • MichaellMichaell Moderator Posts: 262,650
    kaydub03 said:

    I'm trying to get a lease on a simple 2017 Sonata SE, 12/36 in TX.  the monthly payment quote I got makes no sense to me....

    im new to this and am just confused.

    MSRP:  22960
    sale price: 17451
    $293/month with zero down and including TTL

    thay seems wrong, right?

    We don't have the Hyundai numbers, this month, so can't tell you if the dealer is marking up the MF on you.

    But yes, that payment seems high.

    Be advised that in Texas, sales tax is applied to the entire selling price, so your lease payment will be higher than, say, someone in Oklahoma.

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  • tonyg2016tonyg2016 Member Posts: 737
    edited May 2017
    kaydub03 said:

    MSRP:  22960
    sale price: 17451
    $293/month with zero down and including TTL

    thay seems wrong, right?

    that price blows; find another dealer. Even with the excessive tax imposed by TX you should be near 250 not 293. Also, know that HMA is hurting with all the bad PR from the many recalls. Look at the incentive page at the HMA web site (just input your zip):
    https://www.hyundaiusa.com/financial-tools/special-offers.aspx

    https://www.hyundaiusa.com/inventory-search/
  • MichaellMichaell Moderator Posts: 262,650
    tonyg2016 said:

    kaydub03 said:

    MSRP:  22960
    sale price: 17451
    $293/month with zero down and including TTL

    thay seems wrong, right?

    that price blows; find another dealer. Even with the excessive tax imposed by TX you should be near 250 not 293. Also, know that HMA is hurting with all the bad PR from the many recalls. Look at the incentive page at the HMA web site (just input your zip):
    https://www.hyundaiusa.com/financial-tools/special-offers.aspx

    https://www.hyundaiusa.com/inventory-search/
    $5000 off sticker isn't bad (but, we don't know how much of that is incentives).

    And, not knowing the MF, I'm not sure how you can assume the payment should be $250/mo

    If you shop multiple dealers, you'll likely get the best price. Sedans are not the most popular body style, at the moment.

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  • tonyg2016tonyg2016 Member Posts: 737
    IMO, for the SE model, 250/mo is still high (maybe not for TX considering the higher tax basis). For that money, i would lease an Accord LX and not worry about all the quality issues Hyundai is having.

    There is an interesting thread on slickdeals dot net about getting 10k off msrp on Sonata limiteds (base model). It is quite entertaining:

    https://slickdeals.net/f/10116716-hyundai-sonata-limited-or-2-0t-at-least-6-750-cash-back-10-000-off-ymmv
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