2019 Elantra SE Lease

landersdalandersda Member Posts: 1
edited August 2019 in Hyundai
working a deal on a 2019 elantra se. the dealership offered $19180msrp $1560discounts 2750 rebate 14870 sales price after rebate
+673 tax
+$86 dmv
+699 processing
+650 aquisition
+36 gross tax
17014 out the door
45% residual at 15k/yr for 3yrs
$1000down payment

$306/mo

the credit score was 650 with a money factor of .00293

I think the money factor is high
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Answers

  • MichaellMichaell ColoradoModerator Posts: 192,883
    landersda said:

    working a deal on a 2019 elantra se. the dealership offered $19180msrp $1560discounts 2750 rebate 14870 sales price after rebate
    +673 tax
    +$86 dmv
    +699 processing
    +650 aquisition
    +36 gross tax
    17014 out the door
    45% residual at 15k/yr for 3yrs
    $1000down payment

    $306/mo

    the credit score was 650 with a money factor of .00293

    I think the money factor is high

    Tier 6 MF on the SE is .00253

    Max markup is .00040

    There's your answer. Tell them you won't sign for anything unless you get the .00253 MF

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