2020 Hyundai Sonata Lease Deals and Prices

Michaell

AZDesert2020 said:

Hi, looking for 2020 Limited MF/Residual / Incentives at 15K / 36 in 85379. Thank you

.00170 and 57%
$1500 lease cash

tamarind1

Hi,

Looking for 2020 SEL/SEL plus MF/Residual/incentives at 10K/36months in 19425.

Thank you for all the great work.

kyfdx

tamarind1 said:

Hi,

Looking for 2020 SEL/SEL plus MF/Residual/incentives at 10K/36months in 19425.

Thank you for all the great work.

SEL: .00144 MF and 59% residual
SEL+: .00176 MF and 60% residual

$1750 lease cash

bragonza

Could you please provide me the RV/MF/incentives for 2020 Sonata SEL Plus. Lease term 36 months, 10K miles. Zip code is 33325

Michaell

bragonza said:

Could you please provide me the RV/MF/incentives for 2020 Sonata SEL Plus. Lease term 36 months, 10K miles. Zip code is 33325

.00176 and 60%
$1750 lease cash

farshadatis

Hi,

Looking for incentives and rebates including loyalty for 2020 Limited for 36m/10k in 98033.

Thanks

kyfdx

farshadatis said:

Hi,

Looking for incentives and rebates including loyalty for 2020 Limited for 36m/10k in 98033.

Thanks

.00170 MF and 60% residual
$1500 lease cash

rugvedlikhite

Hi,

I am looking for the numbers for 2020 SEL+ and Limited for 36/10 and 36/12 in 94086.

Thanks.

Michaell

rugvedlikhite said:

Hi,

I am looking for the numbers for 2020 SEL+ and Limited for 36/10 and 36/12 in 94086.

Thanks.

36/12
LTD - .00170 and 59%; $1500 lease cash
SEL+ - .00176 and 59%; $1750 lease cash

rugvedlikhite

Michaell said:

rugvedlikhite said:

Hi,

I am looking for the numbers for 2020 SEL+ and Limited for 36/10 and 36/12 in 94086.

Thanks.

36/12
LTD - .00170 and 59%; $1500 lease cash
SEL+ - .00176 and 59%; $1750 lease cash

Thanks!

car_buyer80

Can you please provide MF, RV and incentives on 2020 Sonata SE and SEL, 36/12 in 08810?
Thanks

Michaell

car_buyer80 said:

Can you please provide MF, RV and incentives on 2020 Sonata SE and SEL, 36/12 in 08810?
Thanks

SE - .00172 and 58%; $2000 lease cash
SEL - .00144 and 58%; $1750

nfgrockerdude

Hello, MF/Residual, incentives on the SEL with the convenience, sunroof and premium options zip 93455. MSRP comes up as $30760. should i trade in my car and work it into the deal or get cash and save it? Plan is to lease for 3 years then buy outright but it's not sounding like the best idea?

sarcastro

Can I get MF/Residual for a Limited 36/10k (7.5 if its offered) zip 35758. Thanks

Michaell

nfgrockerdude said:

Hello, MF/Residual, incentives on the SEL with the convenience, sunroof and premium options zip 93455. MSRP comes up as $30760. should i trade in my car and work it into the deal or get cash and save it? Plan is to lease for 3 years then buy outright but it's not sounding like the best idea?

Lease term and miles per year?

Do you have positive or negative equity in your current car?

Michaell

sarcastro said:

Can I get MF/Residual for a Limited 36/10k (7.5 if its offered) zip 35758. Thanks

36/10
.00170 and 60%
$1500 lease cash

xillini

Good evening,

Can I get MF, Residual values and incentives for 2020 SONATA for SE and SEL 36/12000 in 63129 ?

Thank you

Michaell

xillini said:

Good evening,

Can I get MF, Residual values and incentives for 2020 SONATA for SE and SEL 36/12000 in 63129 ?

Thank you

SE - .00172 and 58%; $2000 lease cash
SEL - .00144 and 58%; $1750

cubfan300

Would you please provide Residual Value, MF, and any incentives for a Hyundai Sonata SEL, 12k/36 in zipcode 40004?

nfgrockerdude

Michaell said:

nfgrockerdude said:

Hello, MF/Residual, incentives on the SEL with the convenience, sunroof and premium options zip 93455. MSRP comes up as $30760. should i trade in my car and work it into the deal or get cash and save it? Plan is to lease for 3 years then buy outright but it's not sounding like the best idea?

Lease term and miles per year?

Do you have positive or negative equity in your current car?

36 month 12k miles I own the car nothing due on it

kyfdx

cubfan300 said:

Would you please provide Residual Value, MF, and any incentives for a Hyundai Sonata SEL, 12k/36 in zipcode 40004?

.00144 MF and 58% residual
$1750 lease cash

kyfdx

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

Hello, MF/Residual, incentives on the SEL with the convenience, sunroof and premium options zip 93455. MSRP comes up as $30760. should i trade in my car and work it into the deal or get cash and save it? Plan is to lease for 3 years then buy outright but it's not sounding like the best idea?

Lease term and miles per year?

Do you have positive or negative equity in your current car?

36 month 12k miles I own the car nothing due on it

I'd see how cheap I could buy it.
1.90% APR financing up to 60 months.

nfgrockerdude

I'd see how cheap I could buy it.
1.90% APR financing up to 60 months.

Yea I’ll have to look at the numbers I just don’t want to put a huge down payment to keep the monthly payments low

Michaell

nfgrockerdude said:

I'd see how cheap I could buy it.
1.90% APR financing up to 60 months.

Yea I’ll have to look at the numbers I just don’t want to put a huge down payment to keep the monthly payments low

If you buy it, you can make as big a down payment as you want.

Fitzfam

Hi, looking for 2020 MF/Residual / Incentives at 12K / 36 in 34221 for the SEL and SEL Plus. Thanks!

Do the incentives normally change on the 2nd or 3rd of the month for Hyundai?
On a 6 month lease extension with our Elantra until 2/20/20...better to go now and not let the lease completely run out?

Also, does anyone have any feedback on prices paid yet/lease deals on the 2020 Sonata or is it too new of a model?
Appreciate any feedback

kyfdx

Fitzfam said:

Hi, looking for 2020 MF/Residual / Incentives at 12K / 36 in 34221 for the SEL and SEL Plus. Thanks!

Do the incentives normally change on the 2nd or 3rd of the month for Hyundai?
On a 6 month lease extension with our Elantra until 2/20/20...better to go now and not let the lease completely run out?

Also, does anyone have any feedback on prices paid yet/lease deals on the 2020 Sonata or is it too new of a model?
Appreciate any feedback

SEL: .00144 MF and 58% residual
SEL+: .00176 MF and 59% residual

$1750 lease cash

Edmunds price research:
https://www.edmunds.com/new-cars/

Current Hyundai programs run through the 3rd. New programs on the 4th.

If you are asking if lease terms will get better, we don't know.

Fitzfam

Does anyone have any feedback on prices paid yet/lease deals on the 2020 Sonata SEL/SEL plus or is it too new of a model?

nfgrockerdude

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Michaell

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

nfgrockerdude

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

Michaell

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

How much is due at signing?

And, that's an ad, not a real offer.

nfgrockerdude

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

How much is due at signing?

And, that's an ad, not a real offer.

$2699, reason i ask is because we went to see a venue last night and the dealer didn't offer a lease. They said there were no lease specials and the "standard" lease agreement would be astronomical, they only offered buy price and even then no real incentives. They offered the .9% apr but the car at MSRP. they said it's a new car and there's no reason to reduce the price. This got me thinking about my sonata lease deal that i'll be pursuing but i get the feeling they'll just offer whatever promotion is available at the time which doesn't seem like that great of a deal?

Michaell

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

How much is due at signing?

And, that's an ad, not a real offer.

$2699, reason i ask is because we went to see a venue last night and the dealer didn't offer a lease. They said there were no lease specials and the "standard" lease agreement would be astronomical, they only offered buy price and even then no real incentives. They offered the .9% apr but the car at MSRP. they said it's a new car and there's no reason to reduce the price. This got me thinking about my sonata lease deal that i'll be pursuing but i get the feeling they'll just offer whatever promotion is available at the time which doesn't seem like that great of a deal?

That $2700 works out to $75/mo, so the true payment is $294/mo. Taxes excluded, and all fees and such are not part of the price, so they'll be paid up front or the payment will go even higher.

Sonata is nothing special, so you should be able to score a good deal on one, if you decide to lease.

Venue, I think, doesn't have a supported lease program this month, so the dealer is correct in stating it would be expensive.

nfgrockerdude

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

How much is due at signing?

And, that's an ad, not a real offer.

$2699, reason i ask is because we went to see a venue last night and the dealer didn't offer a lease. They said there were no lease specials and the "standard" lease agreement would be astronomical, they only offered buy price and even then no real incentives. They offered the .9% apr but the car at MSRP. they said it's a new car and there's no reason to reduce the price. This got me thinking about my sonata lease deal that i'll be pursuing but i get the feeling they'll just offer whatever promotion is available at the time which doesn't seem like that great of a deal?

That $2700 works out to $75/mo, so the true payment is $294/mo. Taxes excluded, and all fees and such are not part of the price, so they'll be paid up front or the payment will go even higher.

Sonata is nothing special, so you should be able to score a good deal on one, if you decide to lease.

Venue, I think, doesn't have a supported lease program this month, so the dealer is correct in stating it would be expensive.

Thank for all the info, is the dealer required to give you the money factor when showing you the lease? this way i know if i'm getting screwed? is it best to pay the taxes up front? i heard usually it's added to the payment?

kyfdx

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

Michaell said:

nfgrockerdude said:

do packages affect the MF or only the residual? i'm looking at the 2020 SEL with convenience, premium and sunroof packages.

Packages and options do not affect the MF.

The residual percentage remains the same, as well, but the residual amount will be higher due to the higher MSRP with the extras added in.

Gotcha. So i'm curious. Is the deal they offer currently a "good" deal? reading the fine print it's $219 a month for 36 months 10k miles. MSRP of $24,330 Net cap cost of $19,600 with a residual value of $13,625 roughly 56%. The difference being $5975 but you're paying $7884 money factor would be about .006? isn't that really high? I probably did my math wrong

How much is due at signing?

And, that's an ad, not a real offer.

$2699, reason i ask is because we went to see a venue last night and the dealer didn't offer a lease. They said there were no lease specials and the "standard" lease agreement would be astronomical, they only offered buy price and even then no real incentives. They offered the .9% apr but the car at MSRP. they said it's a new car and there's no reason to reduce the price. This got me thinking about my sonata lease deal that i'll be pursuing but i get the feeling they'll just offer whatever promotion is available at the time which doesn't seem like that great of a deal?

That $2700 works out to $75/mo, so the true payment is $294/mo. Taxes excluded, and all fees and such are not part of the price, so they'll be paid up front or the payment will go even higher.

Sonata is nothing special, so you should be able to score a good deal on one, if you decide to lease.

Venue, I think, doesn't have a supported lease program this month, so the dealer is correct in stating it would be expensive.

Thank for all the info, is the dealer required to give you the money factor when showing you the lease? this way i know if i'm getting screwed? is it best to pay the taxes up front? i heard usually it's added to the payment?

In most states, only the total Rent Charge is required to be on the lease. If you do a sample calculation beforehand, then you would be able to see if that number squares up with your calculation. Generally, the money factor is not on the paperwork, but you should ask for it, and a screenshot of the deal on the computer.

Yisel

Living in the 92630 area, any info on the MF and RV for the 2020 Sonata SEL Plus

nfgrockerdude

probably hasn't changed much but can I get Residual, MF and any incentives on a 2020 Sonata Limited 3yr 36k or 3yr 30k, 93455. Wife recently bought a venue through the costco program and seems she got a much better deal with better up front pricing plus manufacturer rebate? should i try this route or will the dealer always give the best deal?Thanks

Michaell

Yisel said:

Living in the 92630 area, any info on the MF and RV for the 2020 Sonata SEL Plus

Lease term and miles per year?

Michaell

nfgrockerdude said:

probably hasn't changed much but can I get Residual, MF and any incentives on a 2020 Sonata Limited 3yr 36k or 3yr 30k, 93455. Wife recently bought a venue through the costco program and seems she got a much better deal with better up front pricing plus manufacturer rebate? should i try this route or will the dealer always give the best deal?Thanks

36/12
.00170 and 59%
$1500 lease cash

No info on Costco

jonarbuckle

Hello, can you provide MF/RV/incentives for 2020 Sonata SE and SEL plus 36/10 for zip 02660? Thanks

Michaell

jonarbuckle said:

Hello, can you provide MF/RV/incentives for 2020 Sonata SE and SEL plus 36/10 for zip 02660? Thanks

SE - .00172 and 59%; $2000 lease cash
SEL+ - .00176 and 60%; $1750 lease cash

invoice

wondering if hyundai does 39mo 10k per on limited 33914 mf/res/cash thanks

nfgrockerdude

Can we post pictures in here? I just got a lease offer and it feels really terrible. I wanted to share all the numbers to see if I missed anything?

nfgrockerdude

Biggest things I see are that they said I was putting $4k down from my trade in plus I was getting $2k in rebates. The rebates however were not reduced from the cap cost only the $4k from trade in? Is this correct? The other thing is that they were using a .0021 money factor. Is that based on credit score or negotiable? I have about a 790 credit score

Michaell

invoice said:

wondering if hyundai does 39mo 10k per on limited 33914 mf/res/cash thanks

.00192 and 58%
$1750 lease cash

Michaell

nfgrockerdude said:

Can we post pictures in here? I just got a lease offer and it feels really terrible. I wanted to share all the numbers to see if I missed anything?

Yes, you are free to post deal sheets, after you redact any personal information like address, phone, email, URL, etc.

Michaell

nfgrockerdude said:

Biggest things I see are that they said I was putting $4k down from my trade in plus I was getting $2k in rebates. The rebates however were not reduced from the cap cost only the $4k from trade in? Is this correct? The other thing is that they were using a .0021 money factor. Is that based on credit score or negotiable? I have about a 790 credit score

Dealer can mark up MF .00050 for extra profit.

Hank9756

Hello. In zip 33165. What is MF and residual for 2020 Sonata Limited?

kyfdx

Hank9756 said:

Hello. In zip 33165. What is MF and residual for 2020 Sonata Limited?

36/15
.00170 MF and 57% residual
$1500 lease cash

nfgrockerdude

I don’t recall the exact numbers but want to thank this forum for the help on this new lease. Probably not the absolute best deal but one I was very happy with. Msrp on the 2020 sonata limited was $34530, priced down to $33,200. No cash down but got $6500 for my trade in and the $2000 in rebates, money factor of .0019 and $289 a month 36mo/12k. Buyout after three 3 years is $20,320ish that includes sales tax in 93001.