2020 Hyundai Kona Lease Deals and Prices

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  • CGCNYCGCNY Member Posts: 1
    Hello, could I please get the MF/Residual/Incentives for the 2020 and 2021 Kona SEL FWD and AWD near 11221 please? 36/10k miles. Thank you so much!
  • MichaellMichaell Moderator Posts: 258,987
    CGCNY said:

    Hello, could I please get the MF/Residual/Incentives for the 2020 and 2021 Kona SEL FWD and AWD near 11221 please? 36/10k miles. Thank you so much!

    2020
    SEL FWD - .00112 and 56%; $2500 lease cash
    SEL AWD - .00113 and 58%; $2000 lease cash
    $750 bonus cash

    Post 2021 Kona lease questions here:
    https://forums.edmunds.com/discussion/62607/hyundai/kona/2021-hyundai-kona-lease-deals-and-prices#latest

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  • KingDDD4PrezKingDDD4Prez Member Posts: 6
    edited September 2020
    Not sure if this is the right place to post but ended up getting the 2020 Kona SEL AWD with Etch on window 10k/36months for $290/month + $689 due at signing (First month payment and $399 bare minimum fee). Super late where I am so no pics sorry.
    Edit: 689 not 789
  • MichaellMichaell Moderator Posts: 258,987

    Not sure if this is the right place to post but ended up getting the 2020 Kona SEL AWD with Etch on window 10k/36months for $290/month + $789 due at signing (First month payment and $499 bare minimum fee). Super late where I am so no pics sorry.

    Congrats!

    Thanks for the report.

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  • JoshS114JoshS114 Member Posts: 26
    edited September 2020
    Hi may I please have the MF, RV and any incentives for:


    2020 ULT AWD 36/12

    ZIP code 19096

    I assume these are month long numbers?
  • MichaellMichaell Moderator Posts: 258,987
    JoshS114 said:

    Hi may I please have the MF, RV and any incentives for:


    2020 ULT AWD 36/12

    ZIP code 19096

    I assume these are month long numbers?

    .00125 and 61%
    $2500 lease cash

    Valid through 11/02

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  • snorlaksnorlak Member Posts: 40
    Hi
    Can I get the MF, RV and incentives for HYUNDAI Kona 2020 SEL FWD and AWD
    Kona 2021 SE & SEL FWD and AWD
    10K 36 months
    52246
    Thank you
  • MichaellMichaell Moderator Posts: 258,987
    snorlak said:

    Hi
    Can I get the MF, RV and incentives for HYUNDAI Kona 2020 SEL FWD and AWD
    Kona 2021 SE & SEL FWD and AWD
    10K 36 months
    52246
    Thank you

    2020
    SEL FWD - .00126 and 60%; $1500 lease cash
    SEL AWD - .00151 and 61%; $1500 lease cash

    Post 2021 Kona lease questions here:
    https://forums.edmunds.com/discussion/62607/hyundai/kona/2021-hyundai-kona-lease-deals-and-prices#latest

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  • Genks17Genks17 Member Posts: 47
    Hi, can you please provide the Residual, MF, for a 36/10K term with any incentives in 53221 for the 2020 Hyndai Kona Ultimate, AWD. Thank you!
  • kyfdxkyfdx Moderator Posts: 260,917
    Genks17 said:

    Hi, can you please provide the Residual, MF, for a 36/10K term with any incentives in 53221 for the 2020 Hyndai Kona Ultimate, AWD. Thank you!

    .00140 MF and 62% residual
    $1750 lease cash

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  • mrsteviegmrstevieg Member Posts: 27
    Hello hope all is well with you and yours,
    Could you please let me know what the MF, RV, and any incentives are for a Hyundai Kona 2020 Ultimate AWD for 7500 and 10K 36 months for 11727
    Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 260,917
    mrstevieg said:

    Hello hope all is well with you and yours,
    Could you please let me know what the MF, RV, and any incentives are for a Hyundai Kona 2020 Ultimate AWD for 7500 and 10K 36 months for 11727
    Thank you in advance.

    36/10
    .00125 MF and 62% residual
    $2500 lease cash

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  • mrsteviegmrstevieg Member Posts: 27
    Could you please let me know what the MF, RV, and any incentives are for a Hyundai Kona LIMITED AWD for 7500 and 10K 36 months for 11727
    Thanks
  • kyfdxkyfdx Moderator Posts: 260,917
    mrstevieg said:

    Could you please let me know what the MF, RV, and any incentives are for a Hyundai Kona LIMITED AWD for 7500 and 10K 36 months for 11727
    Thanks

    36/10
    .00119 MF and 63% residual
    $2000 lease cash

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  • Invictus516Invictus516 Member Posts: 5
    Good Afternoon. Looking for the RV, MF and any incentives for a 2020 Kona Ultimate AWD 36/12 - Zip 11554. Thank you.
  • MichaellMichaell Moderator Posts: 258,987

    Good Afternoon. Looking for the RV, MF and any incentives for a 2020 Kona Ultimate AWD 36/12 - Zip 11554. Thank you.

    .00125 and 61%
    $2500 lease cash

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  • TracyGTracyG Member Posts: 31
    Hello. I am looking for the MF and RV plus incentives on a 2020 Hyundai Kona AWD in Ultimate. Tier 3 & 4 Lease will be 36/10 in zip code 60543 Thank you!
  • MichaellMichaell Moderator Posts: 258,987
    TracyG said:

    Hello. I am looking for the MF and RV plus incentives on a 2020 Hyundai Kona AWD in Ultimate. Tier 3 & 4 Lease will be 36/10 in zip code 60543 Thank you!

    .00140 and 62%
    $1750 lease cash

    No information on tier 3 and 4 adjustments to the MF.

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  • TheRockTheRock Member Posts: 16
    Howdy chief. May I have the MF, RV, and incentives on a 2020 Hyundai Kona AWD SEL in 01906 (Massachusetts) assuming 36 months/10K miles per year? Thank you.
  • kyfdxkyfdx Moderator Posts: 260,917
    TheRock said:

    Howdy chief. May I have the MF, RV, and incentives on a 2020 Hyundai Kona AWD SEL in 01906 (Massachusetts) assuming 36 months/10K miles per year? Thank you.

    .00093 MF and 60% residual
    $1750 lease cash

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  • TracyGTracyG Member Posts: 31
    Hello! Can you please provide the MF and RV plus Incentives/Rebates on a 2020 Hyundai Kona FWD in Ultimate. For a 39/10 Lease & a 36/10 in zip code 60543 Thank you! 🦋
  • kyfdxkyfdx Moderator Posts: 260,917
    TracyG said:

    Hello! Can you please provide the MF and RV plus Incentives/Rebates on a 2020 Hyundai Kona FWD in Ultimate. For a 39/10 Lease & a 36/10 in zip code 60543 Thank you! 🦋

    .00126 MF and 61% residual. $2500 lease cash
    .00159 MF and 59% residual. $3000 lease cash

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  • TracyGTracyG Member Posts: 31
    1. 00126 MF and 61% residual. $2500 lease cash
    2. 00159 MF and 59% residual. $3000 lease cash

    Is this #1 for 39/10 and #2 for 36/10?
  • TracyGTracyG Member Posts: 31
    edited September 2020
    Ok, but could be better?
  • kyfdxkyfdx Moderator Posts: 260,917
    TracyG said:

    1. 00126 MF and 61% residual. $2500 lease cash
    2. 00159 MF and 59% residual. $3000 lease cash

    Is this #1 for 39/10 and #2 for 36/10?

    No

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  • kyfdxkyfdx Moderator Posts: 260,917
    TracyG said:
    Seems reasonable

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  • TCRTCR Member Posts: 3
    Hello,

    I received an offer for a 2020 Kona Ultimate 12K/36Mo:

    MSRP: $30,400
    Sales Price: $28,003
    Residual: $18,669.05 (61%)
    Money Factor: 0.00125
    First Month Only Down
    Monthly Payment: $369
    Location: 06902

    How would you rate this deal?

    Is it reasonable to counteroffer with a True Car offer price ($26,035 - 14.4% off MSRP) for the sales price?
  • TracyGTracyG Member Posts: 31
    Could be better?
  • TCRTCR Member Posts: 3
    TCR said:

    Hello,

    I received an offer for a 2020 Kona Ultimate 12K/36Mo:

    MSRP: $30,400
    Sales Price: $28,003
    Residual: $18,669.05 (61%)
    Money Factor: 0.00125
    First Month Only Down
    Monthly Payment: $369
    Location: 06902

    How would you rate this deal?

    Is it reasonable to counteroffer with a True Car offer price ($26,035 - 14.4% off MSRP) for the sales price?

    I forgot to mention this was for the AWD model.

    Thank you.
  • MichaellMichaell Moderator Posts: 258,987
    TCR said:

    TCR said:

    Hello,

    I received an offer for a 2020 Kona Ultimate 12K/36Mo:

    MSRP: $30,400
    Sales Price: $28,003
    Residual: $18,669.05 (61%)
    Money Factor: 0.00125
    First Month Only Down
    Monthly Payment: $369
    Location: 06902

    How would you rate this deal?

    Is it reasonable to counteroffer with a True Car offer price ($26,035 - 14.4% off MSRP) for the sales price?

    I forgot to mention this was for the AWD model.

    Thank you.
    .00125 and 61% are correct
    There is a $2500 incentive, which I don't see accounted for

    Using the prices given, I calculate $321/mo

    If the taxes and fees are rolled in - and they are, given you are only paying the first payment up front - the payment will be higher.

    Ask about the incentive and the adjusted cap cost the dealer is using for their quote.

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  • kyfdxkyfdx Moderator Posts: 260,917
    TracyG said:

    Could be better?

    No idea... I'm not in the market for a Kona.

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  • TCRTCR Member Posts: 3
    Michaell said:

    TCR said:

    TCR said:

    Hello,

    I received an offer for a 2020 Kona Ultimate 12K/36Mo:

    MSRP: $30,400
    Sales Price: $28,003
    Residual: $18,669.05 (61%)
    Money Factor: 0.00125
    First Month Only Down
    Monthly Payment: $369
    Location: 06902

    How would you rate this deal?

    Is it reasonable to counteroffer with a True Car offer price ($26,035 - 14.4% off MSRP) for the sales price?

    I forgot to mention this was for the AWD model.

    Thank you.
    .00125 and 61% are correct
    There is a $2500 incentive, which I don't see accounted for

    Using the prices given, I calculate $321/mo

    If the taxes and fees are rolled in - and they are, given you are only paying the first payment up front - the payment will be higher.

    Ask about the incentive and the adjusted cap cost the dealer is using for their quote.
    Thank you for your very helpful response, Michaell.

    I replied to the salesman asking for a breakdown of the cap cost and cap cost reduction. He said the capitalized cost is $28,951.36 and that, because I'm putting no money down, "there isn't any money going towards cap cost reduction."

    I then replied asking about the $2500 lease cash incentive, suggesting we could apply that as cap cost reduction. I also asked for a breakdown of the $948.36 difference between the cap cost and the sales price.

    He responded saying they are using the rebate to "get to your payment." He went onto say that because I'm putting no money down, the taxes and fees get rolled into the payment, and in order to do that they have to "add the taxes and fees back into the selling price." He did not provide a breakdown of the cap cost.

    The more I look into this, the more it seems less and less like the "blow-out deal" he described it as initially, and more and more like a pretty lousy one. Am I correct in that assessment?
  • MichaellMichaell Moderator Posts: 258,987
    TCR said:

    Michaell said:

    TCR said:

    TCR said:

    Hello,

    I received an offer for a 2020 Kona Ultimate 12K/36Mo:

    MSRP: $30,400
    Sales Price: $28,003
    Residual: $18,669.05 (61%)
    Money Factor: 0.00125
    First Month Only Down
    Monthly Payment: $369
    Location: 06902

    How would you rate this deal?

    Is it reasonable to counteroffer with a True Car offer price ($26,035 - 14.4% off MSRP) for the sales price?

    I forgot to mention this was for the AWD model.

    Thank you.
    .00125 and 61% are correct
    There is a $2500 incentive, which I don't see accounted for

    Using the prices given, I calculate $321/mo

    If the taxes and fees are rolled in - and they are, given you are only paying the first payment up front - the payment will be higher.

    Ask about the incentive and the adjusted cap cost the dealer is using for their quote.
    Thank you for your very helpful response, Michaell.

    I replied to the salesman asking for a breakdown of the cap cost and cap cost reduction. He said the capitalized cost is $28,951.36 and that, because I'm putting no money down, "there isn't any money going towards cap cost reduction."

    I then replied asking about the $2500 lease cash incentive, suggesting we could apply that as cap cost reduction. I also asked for a breakdown of the $948.36 difference between the cap cost and the sales price.

    He responded saying they are using the rebate to "get to your payment." He went onto say that because I'm putting no money down, the taxes and fees get rolled into the payment, and in order to do that they have to "add the taxes and fees back into the selling price." He did not provide a breakdown of the cap cost.

    The more I look into this, the more it seems less and less like the "blow-out deal" he described it as initially, and more and more like a pretty lousy one. Am I correct in that assessment?
    Dealer is correct that the taxes and fees are being added in. Problem is, what else (*cough* junk fees *cough*) is also being added?

    If they don't want to be fully transparent with the numbers, perhaps it is time to find another dealer.

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  • TheRockTheRock Member Posts: 16
    edited October 2020
    kyfdx said:

    TheRock said:

    Howdy chief. May I have the MF, RV, and incentives on a 2020 Hyundai Kona AWD SEL in 01906 (Massachusetts) assuming 36 months/10K miles per year? Thank you.

    .00093 MF and 60% residual
    $1750 lease cash
    Here's how I made out, chief:

    MSRP: $25,315
    Incentives: $2,250 (rebate?)
    Cap Cost: ~$23,300 (probably less; acquisition = $595, registration = $170; dealer fees = ???)
    Residual: $15,189 (60%)
    Money Factor: 0.00093
    First Month Only Down
    Monthly Payment: $266, includes monthly tax (6.25%)

    Thank you for the help.
  • MichaellMichaell Moderator Posts: 258,987
    TheRock said:

    kyfdx said:

    TheRock said:

    Howdy chief. May I have the MF, RV, and incentives on a 2020 Hyundai Kona AWD SEL in 01906 (Massachusetts) assuming 36 months/10K miles per year? Thank you.

    .00093 MF and 60% residual
    $1750 lease cash
    Here's how I made out, chief:

    MSRP: $25,315
    Incentives: $2,250 (rebate?)
    Cap Cost: ~$23,300 (probably less; acquisition = $595, registration = $170; dealer fees = ???)
    Residual: $15,189 (60%)
    Money Factor: 0.00093
    First Month Only Down
    Monthly Payment: $266, includes monthly tax (6.25%)

    Thank you for the help.
    Congrats!

    Thanks for the report.

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  • hperezhperez Member Posts: 52
    Hi, can you please provide MF, RV, and lease credits/rebates for 2020 Kona SEL (FWD and AWD)

    This is for 36/15k, zip 77433.

    Thanks
  • kyfdxkyfdx Moderator Posts: 260,917
    hperez said:

    Hi, can you please provide MF, RV, and lease credits/rebates for 2020 Kona SEL (FWD and AWD)

    This is for 36/15k, zip 77433.

    Thanks

    AWD: .00151 MF and 58% residual
    FWD: .00126 MF and 57% residual

    $1500 lease cash

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  • da_mountain_goatda_mountain_goat Member Posts: 15
    May I have the Residual, MF, and Incentives for the 2020 Kona Ultimate DCT AWD for zip 89433 at 36/12?
  • kyfdxkyfdx Moderator Posts: 260,917

    May I have the Residual, MF, and Incentives for the 2020 Kona Ultimate DCT AWD for zip 89433 at 36/12?

    .00140 MF and 61% residual
    $1750 lease cash

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  • twolf50twolf50 Member Posts: 7
    Hi, may I please have residual, mf, and incentives for 20 Kona SE and SEL with AWD in 84057. 36/10. Thank you.
  • kyfdxkyfdx Moderator Posts: 260,917
    twolf50 said:

    Hi, may I please have residual, mf, and incentives for 20 Kona SE and SEL with AWD in 84057. 36/10. Thank you.

    SE: .00148 MF and 60% residual
    SEL: .00151 MF and 61% residual

    $1500 lease cash

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  • akan31akan31 Member Posts: 11
    Hello, residual, mf, and incentives for 2020 Kona Ultimate AWD in 60504.

    36/15. Thanks!
  • kyfdxkyfdx Moderator Posts: 260,917
    akan31 said:

    Hello, residual, mf, and incentives for 2020 Kona Ultimate AWD in 60504.

    36/15. Thanks!

    .00121 MF and 57% residual
    $3000 lease cash

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  • m0j064m0j064 Member Posts: 51
    Hi. Do you have MF, residual and incentives for 2020 Hyundai Kona SE and SEL FWD 36/12? Zip code 92301
  • MichaellMichaell Moderator Posts: 258,987
    m0j064 said:

    Hi. Do you have MF, residual and incentives for 2020 Hyundai Kona SE and SEL FWD 36/12? Zip code 92301

    SE FWD - .00132 and 55%; $2750 lease cash
    SEL FWD - .00093 and 56%; $2750 lease cash

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  • Do you have MF, residual and incentives for Kona SE and SEL FWD 36/10 for zip code 31904? Thank you.
  • kyfdxkyfdx Moderator Posts: 260,917
    sdnorden said:

    Do you have MF, residual and incentives for Kona SE and SEL FWD 36/10 for zip code 31904? Thank you.

    SE FWD - .00128 and 56%; $1750 lease cash
    SEL FWD - .00113 and 57%; $2000 lease cash

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  • Thedude65Thedude65 Member Posts: 154
    Can I please get the RV, MF, and rebates for the Limited and Ultimate, both AWD, For 36/10 and 36/12 for zip 11219. Thank you.
  • MichaellMichaell Moderator Posts: 258,987
    Thedude65 said:

    Can I please get the RV, MF, and rebates for the Limited and Ultimate, both AWD, For 36/10 and 36/12 for zip 11219. Thank you.

    36/12
    LTD - .00093 and 59%; $2750 lease cash
    ULT - .00116 and 59%; $3250 lease cash

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  • Thedude65Thedude65 Member Posts: 154
    Thanks! Does 36/10 for both trims change RV to 61%, but MF stays the same?
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