2017 Santa Fe Sport Lease Question

newbie2015

Interested in MF and Residual numbers for a 2017 Santa Fe Sport Ultimate package, in Cook County IL. 36 month lease 12,000/15,000.

kyfdx

newbie2015 said:

Interested in MF and Residual numbers for a 2017 Santa Fe Sport Ultimate package, in Cook County IL. 36 month lease 12,000/15,000.

Sorry. We didn't get the Hyundai lease programs for December.

btaylor64

I would like advice on these numbers for a 2017 Santa Fe sport ultimate:

36 mo./ 12k mi lease:

2,000 down
699 dealer document processing fee
$467/mo
Residual: 48%
MNF: .00066

is this a good deal? Thanks 

kyfdx

btaylor64 said:

I would like advice on these numbers for a 2017 Santa Fe sport ultimate:

36 mo./ 12k mi lease:

2,000 down
699 dealer document processing fee
$467/mo
Residual: 48%
MNF: .00066

is this a good deal? Thanks 

I show .00025 MF for FWD or .00012 MF for AWD
48% residual is correct for either one.
What do you get for the $699?

To calculate the payment, we'd need to know the MSRP, selling price and/or CAP cost, and state and tax rate.

btaylor64

kyfdx said:

I would like advice on these numbers for a 2017 Santa Fe sport ultimate:

36 mo./ 12k mi lease:

2,000 down
699 dealer document processing fee
$467/mo
Residual: 48%
MNF: .00066

is this a good deal? Thanks 

I show .00025 MF for FWD or .00012 MF for AWD 48% residual is correct for either one. What do you get for the $699? To calculate the payment, we'd need to know the MSRP, selling price and/or CAP cost, and state and tax rate.

Sorry

msrp 37,695
selling 32,999
Florida
6% 

the 699 just says "just add tax, tag and 699 dealer document processing fee

kyfdx

btaylor64 said:

kyfdx said:

I would like advice on these numbers for a 2017 Santa Fe sport ultimate:

36 mo./ 12k mi lease:

2,000 down
699 dealer document processing fee
$467/mo
Residual: 48%
MNF: .00066

is this a good deal? Thanks 

I show .00025 MF for FWD or .00012 MF for AWD
48% residual is correct for either one.
What do you get for the $699?

To calculate the payment, we'd need to know the MSRP, selling price and/or CAP cost, and state and tax rate.

Sorry

msrp 37,695
selling 32,999
Florida
6% 

the 699 just says "just add tax, tag and 699 dealer document processing fee

My comment about the $699 was a joke. You don't get anything for it.

With those numbers, I get $447/mo.+tax, assuming all other costs are paid upfront.

Assuming it's FWD, the money factor markup is adding about $20/mo.

That seems like a hefty monthly payment for this vehicle.

btaylor64

Thank you. It felt too high.