2018 Hyundai Elantra Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 264,417

    I’m sorry, I just manually did the math and I believe it should look like this:


    Msrp- 19910

    Residual- 9556

    Gross capital cost-$19,776

    Cap reductions- $5750   (3750 cash + 2000 down)

    Adjusted capitalized cost-$14,016

    Depreciation Value- $4,470


    Base payment- $124

    Rent charge -    $11.08 = 


    $135.08 per month  x 1.07 tax rate =

    $144.53 per month out the door.

    That’s at 3750 lease cash, 48%, and .00047 MF, does that seem correct?


    I’m sorry, I just manually did the math and I believe it should look like this:


    Msrp- 19910

    Residual- 9556

    Gross capital cost-$19,776

    Cap reductions- $5750   (3750 cash + 2000 down)

    Adjusted capitalized cost-$14,016

    Depreciation Value- $4,470


    Base payment- $124

    Rent charge -    $11.08 = 


    $135.08 per month  x 1.07 tax rate =

    $144.53 per month out the door.

    That’s at 3750 lease cash, 48%, and .00047 MF, does that seem correct?


    I'm within about 15 cents of your payment calculation.

    Why put up $2000 of your own cash? I'd keep that in my pocket and take the higher payment ($191/mo before tax)

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  • diesel3030diesel3030 Member Posts: 10
    Thank you for your responses and help. I’ll definitely see if I can do that with the dealership.
  • zeegaubazeegauba Member Posts: 20
    May I please have the MF and Residual for the 2018 Hyundai Elantra SE Automatic for a 24mo / 7500k, 36m/10k, and 39m/10k lease. I live in zip 44011. Please also let me know of any incentives and fees (acquisition, delivery, etc.) Thanks!
  • diesel3030diesel3030 Member Posts: 10
    So the dealership changed some of the numbers, they said they could only do a MF of .00087 and 47% residual. The lowest they would come off MSRP was to $19,517 which was a lot higher than the $18,576 I was hoping for. Walked out of the dealership after they “couldn’t” get lower than $275 a month then they texted me with $249 with only the first payment down, which is still $40 away from the figures I calculated 
  • MichaellMichaell Moderator Posts: 264,417
    zeegauba said:

    May I please have the MF and Residual for the 2018 Hyundai Elantra SE Automatic for a 24mo / 7500k, 36m/10k, and 39m/10k lease. I live in zip 44011. Please also let me know of any incentives and fees (acquisition, delivery, etc.) Thanks!

    No 24 or 39 month numbers for the Elantra.

    36/10 - .00116 and 46%; $4000 lease cash

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  • MichaellMichaell Moderator Posts: 264,417

    So the dealership changed some of the numbers, they said they could only do a MF of .00087 and 47% residual. The lowest they would come off MSRP was to $19,517 which was a lot higher than the $18,576 I was hoping for. Walked out of the dealership after they “couldn’t” get lower than $275 a month then they texted me with $249 with only the first payment down, which is still $40 away from the figures I calculated 

    Keep shopping!

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  • diesel3030diesel3030 Member Posts: 10
    Thoughts on $225 nothing down or 215 with $500 down? Still off from my calculations, but that’s my second dealer and it seems like it won’t get lower than that?
  • kyfdxkyfdx Moderator Posts: 267,637

    Thoughts on $225 nothing down or 215 with $500 down? Still off from my calculations, but that’s my second dealer and it seems like it won’t get lower than that?

    I'm not going to substitute my guesses for your actual negotiations... If that's as low as you've found, then that may be the bottom.

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  • g_wong14g_wong14 Member Posts: 41
    Hi! May I know the RV and MF for the Elantra SE Auto for 24/10 and 36/10, thank you! 03054 zip. 
  • g_wong14g_wong14 Member Posts: 41
    g_wong14 said:
    Hi! May I know the RV and MF for the Elantra SE Auto for 24/10 and 36/10, thank you! 03054 zip. 
    And SEL also for 36/10 thank you! 
  • dougal99dougal99 Member Posts: 19
    Can I have MF and RV for Elantra GT zip 06901? Thanks
  • dougal99dougal99 Member Posts: 19
    10k or 12k per year
  • kyfdxkyfdx Moderator Posts: 267,637
    g_wong14 said:


    g_wong14 said:

    Hi! May I know the RV and MF for the Elantra SE Auto for 24/10 and 36/10, thank you! 03054 zip. 

    And SEL also for 36/10 thank you! 
    36/10
    .00116 MF
    SE: 46% residual. $4000 lease cash
    SEL: 48% residual. $3750 lease cash

    24 months is not offered on the Elantra

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  • kyfdxkyfdx Moderator Posts: 267,637
    dougal99 said:

    Can I have MF and RV for Elantra GT zip 06901? Thanks

    36/12
    .00022 MF
    $2500 lease cash

    Base or Sport?
    Manual or automatic?

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  • merlion0821merlion0821 Member Posts: 143
    Can I please get the MF, residual and lease cash on the Elantra GT Sport for a 36/12k lease in zip code 44060. Thanks!
  • MichaellMichaell Moderator Posts: 264,417

    Can I please get the MF, residual and lease cash on the Elantra GT Sport for a 36/12k lease in zip code 44060. Thanks!

    .00022 and 50% (Auto) or 48% (MT)
    $2500 lease cash

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  • rschultz62rschultz62 Member Posts: 8
    Elantra Value edition lease next weekend. You have previously provided me RV and MF numbers, thank you. Car buying sites show an average paid. At what point does the lease cash get figured. I am trying to figure my capitalized cost and I do not want to leave $3K - $4K on the table.

    MSRP $21,115.00
    RV -48% $10,135.20

    Negotiated Price $17,500.00 - IS LEASE CASH FIGURED INTO THIS NUMBER?
    + Dealer misc/plates/etc. $950.00
    + $5000 ding coverage $750.00
    Gross Capitalized Cost $19,200.00
    - Rebate/Lease Cash <$3,750.00> - OR DO I GET TO TAKE IT HERE?
    - Trade/Cash <$3,000.00>
    Adj Capitalized Cost $12,450.00

  • MichaellMichaell Moderator Posts: 264,417

    Elantra Value edition lease next weekend. You have previously provided me RV and MF numbers, thank you. Car buying sites show an average paid. At what point does the lease cash get figured. I am trying to figure my capitalized cost and I do not want to leave $3K - $4K on the table.

    MSRP $21,115.00
    RV -48% $10,135.20

    Negotiated Price $17,500.00 - IS LEASE CASH FIGURED INTO THIS NUMBER?
    + Dealer misc/plates/etc. $950.00
    + $5000 ding coverage $750.00
    Gross Capitalized Cost $19,200.00
    - Rebate/Lease Cash <$3,750.00> - OR DO I GET TO TAKE IT HERE?
    - Trade/Cash <$3,000.00>
    Adj Capitalized Cost $12,450.00

    I'll guess that the lease cash is part of the negotiated price.

    Why take the extra coverage? Only the dealer profits from that

    And, don't use trade equity to buy down the payment - have the dealer give you a check for that amount.

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  • Omar StabenOmar Staben Member Posts: 55
    Hi! Would I please be able to get RV/MV and incentives for the Elantra SEL and Value edition AT 36/12. Zip 90731! Thank you for all that you do(:
  • kyfdxkyfdx Moderator Posts: 267,637
    tenchis said:

    Hi! Would I please be able to get RV/MV and incentives for the Elantra SEL and Value edition AT 36/12. Zip 90731! Thank you for all that you do(:

    .00116 MF
    $3750 lease cash
    47%/48% residual for SEL/Value

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  • mriveraleemriveralee Member Posts: 3
    Hi there - first time poster here!

    Can someone provide the residual, money factor, and incentives for the both the Elantra SEL and the Value edition in Pittsburgh, PA (zip 15232).

    Thank you!
  • MichaellMichaell Moderator Posts: 264,417

    Hi there - first time poster here!

    Can someone provide the residual, money factor, and incentives for the both the Elantra SEL and the Value edition in Pittsburgh, PA (zip 15232).

    Thank you!

    What lease term and how many miles per year?

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  • mriveraleemriveralee Member Posts: 3
    Michaell said:

    Hi there - first time poster here!

    Can someone provide the residual, money factor, and incentives for the both the Elantra SEL and the Value edition in Pittsburgh, PA (zip 15232).

    Thank you!

    What lease term and how many miles per year?
    Lease term: 36 months
    Miles per year: either 10k or 12k

    Thank you :)
  • kyfdxkyfdx Moderator Posts: 267,637

    Michaell said:

    Hi there - first time poster here!

    Can someone provide the residual, money factor, and incentives for the both the Elantra SEL and the Value edition in Pittsburgh, PA (zip 15232).

    Thank you!

    What lease term and how many miles per year?
    Lease term: 36 months
    Miles per year: either 10k or 12k

    Thank you :)
    36/12
    .00160 MF
    47%/48% residual for SEL/Value
    $3750 lease cash

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  • dwach414dwach414 Member Posts: 5
    edited June 2018
    What is the MF and Incentives and Residual for the Hyundai Elantra Value Edtion for 36/15k or 12k, and 24/15k or 12k for zip 60089.
  • MichaellMichaell Moderator Posts: 264,417
    dwach414 said:

    What is the MF and Incentives and Residual for the Hyundai Elantra Value Edtion for 36/15k or 12k, and 24/15k or 12k for zip 60089.

    No 24 month programs for the Elantra

    36/15 - .00116 and 46%
    $3750 lease cash
    Add 2% for 12K

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  • markymarktmarkymarkt Member Posts: 75
    Please have numbers for Elantra sport auto in Los Angeles. 3/15k and 3/12k.
    2018 Toyota Rav4
  • MichaellMichaell Moderator Posts: 264,417

    Please have numbers for Elantra sport auto in Los Angeles. 3/15k and 3/12k.

    .00116 and 45% / 47%
    $4000 lease cash

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  • markymarktmarkymarkt Member Posts: 75
    Michaell said:
    Please have numbers for Elantra sport auto in Los Angeles. 3/15k and 3/12k.
    .00116 and 45% / 47% $4000 lease cash
    Thank you Michaell.  Wow. Do your think MF gets better in November? 
    2018 Toyota Rav4
  • MichaellMichaell Moderator Posts: 264,417


    Michaell said:

    Please have numbers for Elantra sport auto in Los Angeles. 3/15k and 3/12k.

    .00116 and 45% / 47%
    $4000 lease cash

    Thank you Michaell.  Wow. Do your think MF gets better in November? 

    No predictions, but Hyundai has changed up their lease programs - higher MF, but larger lease cash amounts to offset it.

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  • donasllidonaslli Member Posts: 1
    Can you please let me know what the numbers are on Elantra SE auto in zip 14223. 36/10 and 24/10?
  • kyfdxkyfdx Moderator Posts: 267,637
    donaslli said:

    Can you please let me know what the numbers are on Elantra SE auto in zip 14223. 36/10 and 24/10?

    24 months is not offered

    36/10
    .00160 MF and 46% residual
    $4000 lease cash

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  • pirouettepirouette Member Posts: 4
    edited June 2018
    Can you please let me know what the numbers are on Elantra SEL auto in zip 19103. 36/10. Thank you
  • MichaellMichaell Moderator Posts: 264,417
    pirouette said:

    Can you please let me know what the numbers are on Elantra SEL auto in zip 19103. 36/10. Thank you

    .00047 and 48%
    $3750 lease cash

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  • kevin477kevin477 Member Posts: 7
    I was very excited to lease my 2018 Elantra SE today for $136.88/month and $500 Drive Off (paid out of my Boostup account) only to find out something very very disturbing!

    First, some details of the deal:

    2018 Hyundai Elantra SE
    MSRP: $18,835
    Gross Cap Cost: $17,050
    Total Rebates: $5,900
    1. Lease Cash Rebate: $4,000
    2. Uber Rebate: $1,000.00
    3. College Grad Rebate: $400.00
    4. BoostUp Matching: $500.00
    Money Factor: 0.00116
    Residual Value: 46%
    Odometer: 104 miles
    36 Month, 10K Mile/Yr
    Drive Off: $500 (Taken from my BoostUp account)
    Monthly Payment: $125.00+tax = $136.88

    I really thought this was a good deal so I got to the dealership the next day and they already had the car prepped for me by taking off all the stickers, washed, and parked outside before I got to the lot. I appreciated it because I told them before hand I just wanted to sign and drive off. They made me wait for over an hour because they told me there were multiple people in line to sign docs with the finance manager. When it got to my turn, I quickly signed and initialed everywhere he told me to without reading thoroughly because the numbers matched everything we discussed earlier and I was already late for another engagement.

    After I brought the car home, I started to digitize/scan all the paperwork. This is where I found something disturbing. There was a check mark next to USED VEHICLE. All communication with the salesperson were for a new vehicle and the words "used" were never worked into texts, emails, nor any phone calls I had with him. He took all the stickers off the vehicle before I got to the lot so I never got to see the used sticker for the car. They wrapped the used sticker "Buyers Guide" inside the new car sticker that comes from the factory.

    What's my recourse here? Should I just say "oh well", keep the car for 3 years and be content with only having to pay $136.88 a month for a newish Elantra? Should I propose that they take the car back? Should I ask them for some money back for misleading me?
  • kyfdxkyfdx Moderator Posts: 267,637
    kevin477 said:

    I was very excited to lease my 2018 Elantra SE today for $136.88/month and $500 Drive Off (paid out of my Boostup account) only to find out something very very disturbing!

    First, some details of the deal:

    2018 Hyundai Elantra SE
    MSRP: $18,835
    Gross Cap Cost: $17,050
    Total Rebates: $5,900

    1. Lease Cash Rebate: $4,000
    2. Uber Rebate: $1,000.00
    3. College Grad Rebate: $400.00
    4. BoostUp Matching: $500.00
    Money Factor: 0.00116
    Residual Value: 46%
    Odometer: 104 miles
    36 Month, 10K Mile/Yr
    Drive Off: $500 (Taken from my BoostUp account)
    Monthly Payment: $125.00+tax = $136.88

    I really thought this was a good deal so I got to the dealership the next day and they already had the car prepped for me by taking off all the stickers, washed, and parked outside before I got to the lot. I appreciated it because I told them before hand I just wanted to sign and drive off. They made me wait for over an hour because they told me there were multiple people in line to sign docs with the finance manager. When it got to my turn, I quickly signed and initialed everywhere he told me to without reading thoroughly because the numbers matched everything we discussed earlier and I was already late for another engagement.

    After I brought the car home, I started to digitize/scan all the paperwork. This is where I found something disturbing. There was a check mark next to USED VEHICLE. All communication with the salesperson were for a new vehicle and the words "used" were never worked into texts, emails, nor any phone calls I had with him. He took all the stickers off the vehicle before I got to the lot so I never got to see the used sticker for the car. They wrapped the used sticker "Buyers Guide" inside the new car sticker that comes from the factory.

    What's my recourse here? Should I just say "oh well", keep the car for 3 years and be content with only having to pay $136.88 a month for a newish Elantra? Should I propose that they take the car back? Should I ask them for some money back for misleading me?
    What difference does it make, if you are leasing it? No matter what box they checked, it still only has 104 miles.

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  • kevin477kevin477 Member Posts: 7
    The "Buyers Guide" which they were legally suppose to leave on the car by federal law was taken off before I got to the lot. The Buyers Guide is a standard form placed in plain sight so all potential customers could know its a used car and what type of warranty goes along with it.

    The sneaked it in to the envelope with my signed contracts and it stipulates that I have to do all my warranty work at their dealership which is out of the way for me and makes it very inconvenient. I never signed this Buyers Guide.




  • kyfdxkyfdx Moderator Posts: 267,637
    kevin477 said:

    The "Buyers Guide" which they were legally suppose to leave on the car by federal law was taken off before I got to the lot. The Buyers Guide is a standard form placed in plain sight so all potential customers could know its a used car and what type of warranty goes along with it.

    The sneaked it in to the envelope with my signed contracts and it stipulates that I have to do all my warranty work at their dealership which is out of the way for me and makes it very inconvenient. I never signed this Buyers Guide.




    Except... you are covered under the new car warranty, which applies. You can take it to any Hyundai dealer you want.

    That is boilerplate language, for when the dealer sells a used car that is out of warranty, and they are providing a 30 day/ 1000 mile warranty.

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  • kevin477kevin477 Member Posts: 7
    Thanks for the
    kevin477 said:

    The "Buyers Guide" which they were legally suppose to leave on the car by federal law was taken off before I got to the lot. The Buyers Guide is a standard form placed in plain sight so all potential customers could know its a used car and what type of warranty goes along with it.

    The sneaked it in to the envelope with my signed contracts and it stipulates that I have to do all my warranty work at their dealership which is out of the way for me and makes it very inconvenient. I never signed this Buyers Guide.




    Thanks for the input. I'll be sure to call the dealership today and confirm that the manufacturer's warranty is in place for the life of my lease term.
  • mrponesmrpones Member Posts: 1
    edited July 2018
    Hello, Can you please provide residual an money factor for an Elantra SEL Automatic 48/10 NJ zip 07033?

    I'm checking for a relative who was given a quote with a 38% residual and money factor of .00198, with lease cash of $3295.

    Thanks
    Dennis
  • kyfdxkyfdx Moderator Posts: 267,637
    mrpones said:

    Hello, Can you please provide residual an money factor for an Elantra SEL Automatic 48/10 NJ zip 07033?

    I'm checking for a relative who was given a quote with a 38% residual and money factor of .00198, with lease cash of $3295.

    Thanks
    Dennis

    .00219 MF and 38% residual
    $5000 lease cash

    36 mo terms are probably better

    36/10
    .00047 MF and 48% residual
    $3750 lease cash

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  • blertblert Member Posts: 6
    Hi, please provide lease figures for a Elantra Sport Auto in 07646 36/10 and 36/12. Thanks.
    I wish there was a manual trans around but it seems there are none available in USA.
  • kyfdxkyfdx Moderator Posts: 267,637
    blert said:

    Hi, please provide lease figures for a Elantra Sport Auto in 07646 36/10 and 36/12. Thanks.
    I wish there was a manual trans around but it seems there are none available in USA.

    .00047 MF
    48%/47% residual
    $4000 lease cash

    That's too bad about the stickshift.

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  • thekrze1thekrze1 Member Posts: 1
    Lease figures for Elantra Sport Auto in 85249 36/12k and 36/15k?
  • kyfdxkyfdx Moderator Posts: 267,637
    thekrze1 said:

    Lease figures for Elantra Sport Auto in 85249 36/12k and 36/15k?

    .00160 MF
    47%/45% residual
    $4000 lease cash

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  • carthusiast1carthusiast1 Member Posts: 2
    Hi there, Can I please get numbers for 2018 Elantra Value/Limited, 36 months 12k/yr lease in 33185 Thank you
  • Omar StabenOmar Staben Member Posts: 55
    Hello! Would I please be able to get MF/RV for the Elantra SE 36/12 in 90731! Thanks(:
  • kyfdxkyfdx Moderator Posts: 267,637

    Hi there, Can I please get numbers for 2018 Elantra Value/Limited, 36 months 12k/yr lease in 33185 Thank you

    .00160 MF
    Value: 48% residual. $3750 lease cash
    LTD: 46% residual. $4250 lease cash

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  • kyfdxkyfdx Moderator Posts: 267,637
    tenchis said:

    Hello! Would I please be able to get MF/RV for the Elantra SE 36/12 in 90731! Thanks(:

    .00116 MF and 45% residual
    $4000 lease cash

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  • petersz1petersz1 Member Posts: 2
    Hi, could I please get the numbers for 2018 Hyundai Elantra Sport w and w/o premium package, 36 mo, 12k in greater Los Angeles, CA (91321).
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