2023 Hyundai Kona Lease Deals and Prices

kyfdx

zuzanana said:

Hi, can I please have the MF and RV for 2023 Kona SEL 36/10 in 48201? Are there any incentives m? Thanks!

FWD or AWD?

zuzanana

@kyfdx said:
FWD or AWD?

AWD, please

kyfdx

zuzanana said:

@kyfdx said:

FWD or AWD?

AWD, please

.00102 MF and 56% residual
$1000 lease cash

Pachanga

Hello
Mf, res and incentives for Kona N
36/15
44001
Thank you

Michaell

Pachanga said:

Hello

Mf, res and incentives for Kona N

36/15

44001

Thank you

.00248 MF and 52% RV
No lease incentives

jhkkjh

kyfdx said:

jhkkjh said:

Hi - I was hoping to get RV/MF/incentives for a 2023 Kona SE 36/10. It'll be registered in 20003 but the dealer is in 22301, if that matters.

Thank you!

jhkkjh said:

Sorry about that, FWD

.00079 MF and 54% residual
$1250 lease cash

Just wanted to check if these MF/RV/incentives are still accurate. Thanks!

Michaell

jhkkjh said:

kyfdx said:

jhkkjh said:

Hi - I was hoping to get RV/MF/incentives for a 2023 Kona SE 36/10. It'll be registered in 20003 but the dealer is in 22301, if that matters.

Thank you!

jhkkjh said:

Sorry about that, FWD

.00079 MF and 54% residual
$1250 lease cash

Just wanted to check if these MF/RV/incentives are still accurate. Thanks!

No changes

LordNorth

I'm hoping you could help me to understand a lease offer that I got on a 2023 Kona EV.

The MSRP on this vehicle is $39,425, they have it reduced on the window to $36,925. The Residual on a 36/12 lease is $20,895.

Taking advantage of the $7500 tax credit, $500 military, and $6000 trade in, brings my adjusted Cap Cost down to $22,925. My thoughts were that I could pay the difference ($2030) plus any taxes and fees and I would owe nothing else for the life of the lease. I'm told this is called a Single Pay or One Pay Lease.

Instead they are saying that I would owe $319 per month.

All of the articles that I read says that your monthly payment is made up by the difference between the difference between the Cap Cost and the Residual, multiplied by the money factor, divided by the length of the lease. So... ZERO X .003 = Zero, divided by 36 = ZERO

So theoretically, if my Cap Cost was paid upfront to where the difference was zero (not taking into account taxes and registrations and other fees), the amount of the loan would be zero and therefore my monthly payment would be zero.

I just can't understand how they are getting from what should be a total amount paid to the 'loan' from $zero to $11,484.

I'm sure this rarely comes up as most people financing don't even come close to covering the 'spread' so to speak, so the Money Factor rolls all of this up into one number. But if you get the difference down to zero, where are they coming up with these extra charges, and why aren't they forced to show them if they really aren't just part of the 'financed' part of the lease?

kyfdx

LordNorth said:

I'm hoping you could help me to understand a lease offer that I got on a 2023 Kona EV.

The MSRP on this vehicle is $39,425, they have it reduced on the window to $36,925. The Residual on a 36/12 lease is $20,895.

Taking advantage of the $7500 tax credit, $500 military, and $6000 trade in, brings my adjusted Cap Cost down to $22,925. My thoughts were that I could pay the difference ($2030) plus any taxes and fees and I would owe nothing else for the life of the lease. I'm told this is called a Single Pay or One Pay Lease.

Instead they are saying that I would owe $319 per month.

All of the articles that I read says that your monthly payment is made up by the difference between the difference between the Cap Cost and the Residual, multiplied by the money factor, divided by the length of the lease. So... ZERO X .003 = Zero, divided by 36 = ZERO

So theoretically, if my Cap Cost was paid upfront to where the difference was zero (not taking into account taxes and registrations and other fees), the amount of the loan would be zero and therefore my monthly payment would be zero.

I just can't understand how they are getting from what should be a total amount paid to the 'loan' from $zero to $11,484.

I'm sure this rarely comes up as most people financing don't even come close to covering the 'spread' so to speak, so the Money Factor rolls all of this up into one number. But if you get the difference down to zero, where are they coming up with these extra charges, and why aren't they forced to show them if they really aren't just part of the 'financed' part of the lease?

If you pay all of the depreciation on a lease, you still have to finance the residual. After all, when the bank buys the car from the dealer, they pay them the full price you agreed to.

Monthly lease finance charge = (Adjusted CAP cost + residual) X money factor

In your example:
Adjusted CAP = $20,895
Residual = $20,895
MF = .00300

$20895
+20895
= 41790 X .00300 = $125.37/mo. (monthly finance charges)

To check their payment, you need the amounts of all of those other charges, and the resulting adjusted CAP cost. I don't know your location, but in most states, all of that upfront money (incentives and trade-in equity, etc) has sales tax applied upfront. That could be a substantial amount.

Even a one-pay lease has finance charges computed, as you are still "borrowing" the residual amount for the term of the lease.

LordNorth

kyfdx said:

Even a one-pay lease has finance charges computed, as you are still "borrowing" the residual amount for the term of the lease.

Ohhhh! Now I get it. So the explaination on most of the websites seem to leave out the part about paying the finance charges ON the residual as well. They just say you pay financing on the difference between cap and residual, but yes I can see why they would charge on the full price.

Well that certainly makes leasing a lot less enticing than I thought it was.

Thanks for the quick response!

kyfdx

LordNorth said:

kyfdx said:

Even a one-pay lease has finance charges computed, as you are still "borrowing" the residual amount for the term of the lease.

Ohhhh! Now I get it. So the explaination on most of the websites seem to leave out the part about paying the finance charges ON the residual as well. They just say you pay financing on the difference between cap and residual, but yes I can see why they would charge on the full price.

Well that certainly makes leasing a lot less enticing than I thought it was.

Thanks for the quick response!

You pay depreciation on the difference between CAP cost and residual

You pay finance charges on the average of CAP cost and residual. (CAP+residual) / 2

oli5026

Hello, could I please get the MF, RV, and incentives for the 2023 Kona AWD N-Line and Limited, 36/10k and 36/12k, zip is 02120? Thanks

kyfdx

oli5026 said:

Hello, could I please get the MF, RV, and incentives for the 2023 Kona AWD N-Line and Limited, 36/10k and 36/12k, zip is 02120? Thanks

36/12
LTD: .00125 MF and 60% residual
NLine: .00106 MF and 56% residual. $1000 lease cash

totelcamp

Hello, could you please share the MF, Residual and incentives (if any) for the 2023 Kona Limited and SEL editions 36/12, zip 33175. Thank you in advance!

Michaell

totelcamp said:

Hello, could you please share the MF, Residual and incentives (if any) for the 2023 Kona Limited and SEL editions 36/12, zip 33175. Thank you in advance!

FWD or AWD?

totelcamp

Michaell said:

totelcamp said:

Hello, could you please share the MF, Residual and incentives (if any) for the 2023 Kona Limited and SEL editions 36/12, zip 33175. Thank you in advance!

FWD or AWD?

FWD

Michaell

totelcamp said:

Michaell said:

totelcamp said:

Hello, could you please share the MF, Residual and incentives (if any) for the 2023 Kona Limited and SEL editions 36/12, zip 33175. Thank you in advance!

FWD or AWD?

FWD

LTD - .00109 MF and 59% residual
SEL - .00096 MF and 54% residual; $1500 lease cash

mapa87

Can I get the June RV & MF as well and any incentives, 2023 Kona N (Not N Line) 36/12 zip 02019 Thank you

Michaell

mapa87 said:

Can I get the June RV & MF as well and any incentives, 2023 Kona N (Not N Line) 36/12 zip 02019 Thank you

.00248 and 54%
No lease incentives

jackb6946

Hi, can I get the June RV & MF as well as incentives for 2023 kona electric se and sel trims, 36/10, zip code 91403? Thanks!

kyfdx

jackb6946 said:

Hi, can I get the June RV & MF as well as incentives for 2023 kona electric se and sel trims, 36/10, zip code 91403? Thanks!

SE: .00359 MF and 57% residual
SEL: .00401 MF and 54% residual

$7500 lease cash

edsonper

Hello,

RV, MF, and incentives for
2023 Kona SEL , N Line, and Limited
on the FWD and AWD

24mo/12k
36mo/12k

Zip 07029

THANK YOU!!!! Much appreciated!

Michaell

edsonper said:

Hello,

RV, MF, and incentives for

2023 Kona SEL , N Line, and Limited

on the FWD and AWD

24mo/12k

36mo/12k

Zip 07029

THANK YOU!!!! Much appreciated!

Give me your top three combinations.

edsonper

Kona N Line AWD

Michaell

edsonper said:

Hello,

RV, MF, and incentives for

2023 Kona SEL , N Line, and Limited

on the FWD and AWD

24mo/12k

36mo/12k

Zip 07029

THANK YOU!!!! Much appreciated!

edsonper said:

Kona N Line AWD

.00145 MF and 64% RV
.00106 MF and 56% RV
$1000 incentives

jjb0737

Can I please get MF, RV, and incentives for a Kona EV SE and SEL models. 36/10k in 30062. Thank you.

kyfdx

jjb0737 said:

Can I please get MF, RV, and incentives for a Kona EV SE and SEL models. 36/10k in 30062. Thank you.

SE: .00359 MF and 57% residual
SEL: .00401 MF and 54% residual

$7500 lease cash

fxrc23

hi can I please get the MF, RV and lease incentives for 2023 FWD Kona SE in 92677 36/10. Thank you.

Michaell

fxrc23 said:

hi can I please get the MF, RV and lease incentives for 2023 FWD Kona SE in 92677 36/10. Thank you.

.00079 MF and 54% RV
$1250 lease cash

fxrc23

Michaell said:

fxrc23 said:

hi can I please get the MF, RV and lease incentives for 2023 FWD Kona SE in 92677 36/10. Thank you.

.00079 MF and 54% RV
$1250 lease cash

does "lease cash" apply directly to the MSRP? - ultimately lowering the msrp $1250?

kyfdx

fxrc23 said:

Michaell said:

fxrc23 said:

hi can I please get the MF, RV and lease incentives for 2023 FWD Kona SE in 92677 36/10. Thank you.

.00079 MF and 54% RV
$1250 lease cash

does "lease cash" apply directly to the MSRP? - ultimately lowering the msrp $1250?

Hyundai to customer incentive, applied as a CAP cost reduction

rkmul1973

can I please have the MF, RV and incentives for Kona SE and SEL , N-line AWD for 36/10 on zip of 60005? Thank you

kyfdx

rkmul1973 said:

can I please have the MF, RV and incentives for Kona SE and SEL , N-line AWD for 36/10 on zip of 60005? Thank you

.00093 MF and 55% residual. $1250 lease cash
.00102 MF and 56% residual. $1000
.00106 MF and 57% residual. $1000

speak_life_always7

Can I please get the MF, RV and lease incentives for 2023 FWD Kona SEL and N Line in 55423 36/10. Thank you!

Michaell

speak_life_always7 said:

Can I please get the MF, RV and lease incentives for 2023 FWD Kona SEL and N Line in 55423 36/10. Thank you!

SEL - .00056 MF and 53% RV; $1500 lease cash
NLine - .00054 MF and 55% RV; $750 lease cash

skifreak107

Can I get the 36/10 and 36/12 on a Limited FWD in 02053?

Michaell

skifreak107 said:

Can I get the 36/10 and 36/12 on a Limited FWD in 02053?

36/12
.00091 and 58%

skifreak107

Michaell said:

skifreak107 said:

Can I get the 36/10 and 36/12 on a Limited FWD in 02053?

36/12
.00091 and 58%

No lease incentives here?

Michaell

skifreak107 said:

Michaell said:

skifreak107 said:

Can I get the 36/10 and 36/12 on a Limited FWD in 02053?

36/12
.00091 and 58%

No lease incentives here?

No

Packervmb

Hi, Can I get the RV & MF as well and any incentives, 2023 Kona limited 36/12 zip 80525
Thank you

Michaell

Packervmb said:

Hi, Can I get the RV & MF as well and any incentives, 2023 Kona limited 36/12 zip 80525

Thank you

FWD or AWD?

smisra102

Hello,
looking for MF for 2023 Hyundai Kona EV "S" and "SEL" for 15,000 mile/yr 24 month.
As well as the residual percentage.
Zip Code 22304 (Alexandria VA) or 20716 (Bowie MD)
What is considered the average adjusted capitalized cost for these vehicles? or if the invoice price is known that would be helpful.
Thank you.

kyfdx

smisra102 said:

Hello,
looking for MF for 2023 Hyundai Kona EV "S" and "SEL" for 15,000 mile/yr 24 month.
As well as the residual percentage.
Zip Code 22304 (Alexandria VA) or 20716 (Bowie MD)
What is considered the average adjusted capitalized cost for these vehicles? or if the invoice price is known that would be helpful.
Thank you.

SE: .00440 MF and 66% residual
SEL: .00383 MF and 67% residual

$7500 lease cash

I don't see an S trim

See Price Checker link below for Edmunds research

jposey

Can I get MF and RV for Kona EV SEL 36/12 in zip 53711?

Michaell

jposey said:

Can I get MF and RV for Kona EV SEL 36/12 in zip 53711?

.00340 MF and 57% RV
$7500 lease cash

lazybucky129

Can I please have the MF/RV for Kona EV SE 36/10 and 24/12 in zip 92336. Any incentives?

Michaell

lazybucky129 said:

Can I please have the MF/RV for Kona EV SE 36/10 and 24/12 in zip 92336. Any incentives?

24/12 - .00440 and 68%
36/10 - .00340 and 56%
$7500 lease cash

aslanv

Hello,

Can you please provide the MF/Residual/Incentives for 2023 Kona N (not N line) for 36/10 in zip 98003

Thanks!

Michaell

aslanv said:

Hello,

Can you please provide the MF/Residual/Incentives for 2023 Kona N (not N line) for 36/10 in zip 98003

Thanks!

.00242 MF and 54% residual
No lease incentives

fred_savage

Hi All,

Can you please provide the MF/RV/lease incentives for a 2023 Hyundai Kona SEL? 36 months/10k miles in 02038. Thank you!