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2015 Hyundai Sonata Lease Questions

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  • shuale_ejsshuale_ejs Member Posts: 115
    Hi, I am looking to lease a 2015 Sonata Limited with Tech Package in Cleveland, OH. The MSRP is $30,850. What is a reasonable negotiated price for this car? Also, my terms are 36 mths with 15,000 miles/yr. so what is the RV and MF? Thanks!
  • MichaellMichaell Moderator Posts: 261,257

    Hi, I am looking to lease a 2015 Sonata Limited with Tech Package in Cleveland, OH. The MSRP is $30,850. What is a reasonable negotiated price for this car? Also, my terms are 36 mths with 15,000 miles/yr. so what is the RV and MF? Thanks!

    .00076 and 56% for 36/15.

    Use the pricing tools at the top of the page (make / model / year) to help with pricing.

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  • shuale_ejsshuale_ejs Member Posts: 115
    Thanks!
  • shuale_ejsshuale_ejs Member Posts: 115
    I think there is an error in my calculation. The MSRP is $32,715 and Sale Price $27,297 - I am getting a monthly lease payment of $778 (before taxes). That can't be right...is it?
  • stickguystickguy Member Posts: 53,196
    Nope. Not close. Should be closer to $300

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • MichaellMichaell Moderator Posts: 261,257

    I think there is an error in my calculation. The MSRP is $32,715 and Sale Price $27,297 - I am getting a monthly lease payment of $778 (before taxes). That can't be right...is it?

    try this article:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • stickguystickguy Member Posts: 53,196
    I plugged the factors into the excel spreadsheet lease calculator I put together when I was looking (made it much easier to model a bunch of scenarios). I came up with ~ $319 before tax, with nothing up front but 1st payment and DMV fees.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • shuale_ejsshuale_ejs Member Posts: 115
    stickguy said:

    I plugged the factors into the excel spreadsheet lease calculator I put together when I was looking (made it much easier to model a bunch of scenarios). I came up with ~ $319 before tax, with nothing up front but 1st payment and DMV fees.

    Thank you!
  • shuale_ejsshuale_ejs Member Posts: 115
    Michaell said:

    I think there is an error in my calculation. The MSRP is $32,715 and Sale Price $27,297 - I am getting a monthly lease payment of $778 (before taxes). That can't be right...is it?

    try this article:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
    Thanks!
  • jay060jay060 Member Posts: 12
    sparkland said:

    My local dealer has his advertised lease specials for the Sonata during the month of April. Looks like the price went up a little since I purchased mine at the end of March. They still have the SE as the special but it does come with the backup camera and power driver's seat--mine did not.

    If I add on the dealer fees and tax, the payment will be around $180/month with $1999 down. My payment was $135/month with $1100 down.

    photo sonata 2.jpg

    $135/month with $1100 down seems to be an unusually low deal, isn't it? Can you please specify the trim, how many miles/year and the breakdown of the lease like MSRP, Cap cost, residual and moneyfactor? Also where are you located?

    @Michaell and @kyfdx Can you please provide the numbers for Limited, Sport 2.0T and Limited 2.0T for Los Angeles? Looking for 15K miles/year.

  • kyfdxkyfdx Moderator Posts: 264,048
    jay060 said:

    sparkland said:

    My local dealer has his advertised lease specials for the Sonata during the month of April. Looks like the price went up a little since I purchased mine at the end of March. They still have the SE as the special but it does come with the backup camera and power driver's seat--mine did not.

    If I add on the dealer fees and tax, the payment will be around $180/month with $1999 down. My payment was $135/month with $1100 down.

    photo sonata 2.jpg

    $135/month with $1100 down seems to be an unusually low deal, isn't it? Can you please specify the trim, how many miles/year and the breakdown of the lease like MSRP, Cap cost, residual and moneyfactor? Also where are you located?

    @Michaell and @kyfdx Can you please provide the numbers for Limited, Sport 2.0T and Limited 2.0T for Los Angeles? Looking for 15K miles/year.

    Limited: .00076 MF and 56% residual
    Sport 2.0: .00026 MF and 53% residual
    Limited 2.0: .00085 MF and 56% residual

    $1400 lease cash

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  • sparklandsparkland Member Posts: 121
    jay060 said:

    sparkland said:

    My local dealer has his advertised lease specials for the Sonata during the month of April. Looks like the price went up a little since I purchased mine at the end of March. They still have the SE as the special but it does come with the backup camera and power driver's seat--mine did not.

    If I add on the dealer fees and tax, the payment will be around $180/month with $1999 down. My payment was $135/month with $1100 down.

    photo sonata 2.jpg

    $135/month with $1100 down seems to be an unusually low deal, isn't it? Can you please specify the trim, how many miles/year and the breakdown of the lease like MSRP, Cap cost, residual and moneyfactor? Also where are you located?

    @Michaell and @kyfdx Can you please provide the numbers for Limited, Sport 2.0T and Limited 2.0T for Los Angeles? Looking for 15K miles/year.

    I explained my lease deal earlier in this thread. Basically the dealer was advertising 3 yr/36,000 mile lease deal for $104/month plus taxes, title, etc. with $1,100 down. The MSRP was $22,380 plus a couple of dealer add-ons and dealer handling to equal $23,567.00. The car was discounted to $18,500 then the $2,000 lease cash from Hyundai was subtracted. The actual price of the car was around $16,500. The residual was $13,200. The car was an SE without backup camera or electric driver's seat with 600 miles on it. It was exactly the deal I needed at the time.

  • guanfuguanfu Member Posts: 1
    Hello!
    I would like to know 2015 Hyundai Sonata 2.4 Sport MF and RV with 36 Month and 10K per year.

    Thank you very much!! appreciate it!
  • sebastian10sebastian10 Member Posts: 72
    Please provide numbers for 2015 Sonata Limited 2.0 in Chicago. Thx!
  • MichaellMichaell Moderator Posts: 261,257
    guanfu said:

    Hello!
    I would like to know 2015 Hyundai Sonata 2.4 Sport MF and RV with 36 Month and 10K per year.

    Thank you very much!! appreciate it!

    .00076 and 59%. $1400 lease cash

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  • MichaellMichaell Moderator Posts: 261,257

    Please provide numbers for 2015 Sonata Limited 2.0 in Chicago. Thx!

    .00112 and 58% for 36/12. $1650 lease cash

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  • mikeysedmikeysed Member Posts: 63
    Hello,

    Sport 2.0t with 15k miles/year.

    What is residual and MF, and any lease cash? I am in NJ
  • kyfdxkyfdx Moderator Posts: 264,048
    mikeysed said:

    Hello,

    Sport 2.0t with 15k miles/year.

    What is residual and MF, and any lease cash? I am in NJ

    .00026 MF and 53% residual. $1400 lease cash.

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  • shabadoo25shabadoo25 Member Posts: 232
    I believe that for the rest of the month, Hyundai has pumped up the cash for the higher trim Sonatas to $2250.
  • MichaellMichaell Moderator Posts: 261,257

    I believe that for the rest of the month, Hyundai has pumped up the cash for the higher trim Sonatas to $2250.

    If there have been any mid-month changes to the programs, we won't know about them.

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  • jpoole23602jpoole23602 Member Posts: 4
    Can you please provide the residual and MF for 2015 HYUNDAI SONATA 2.4L LIMITED near Tampa FL. Forgot to mention 15K miles per year.

    Also, is there a good lease calculator you would recommend?

    Thank You!
  • kyfdxkyfdx Moderator Posts: 264,048

    Can you please provide the residual and MF for 2015 HYUNDAI SONATA 2.4L LIMITED near Tampa FL. Forgot to mention 15K miles per year.

    Also, is there a good lease calculator you would recommend?

    Thank You!

    .00076 MF and 56% residual. $1400 lease cash.

    Haven't used any lease calculators for years.. can't help you there.

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  • norhythmnorhythm Member Posts: 3
    Pls help by sharing the MF and Residual in Northern Virginia/Fairfax area for:
    a) 2015 Sonata Limited 15K/24m
    b) 2015 Sonata Limited 15K/24m with Tech & Ultimate Package
    c) 2015 Sonata Limited 15K/36m
    d) 2015 Sonata Limited 15K/36m with Tech & Ultimate Package

    If anyone got a good deal at Fairfax Hyundai please share also. Thanks a lot for this help in advance !
  • MichaellMichaell Moderator Posts: 261,257
    norhythm said:

    Pls help by sharing the MF and Residual in Northern Virginia/Fairfax area for:
    a) 2015 Sonata Limited 15K/24m
    b) 2015 Sonata Limited 15K/24m with Tech & Ultimate Package
    c) 2015 Sonata Limited 15K/36m
    d) 2015 Sonata Limited 15K/36m with Tech & Ultimate Package

    If anyone got a good deal at Fairfax Hyundai please share also. Thanks a lot for this help in advance !

    Individual packages and options do not affect the lease numbers.

    Also, Hyundai does not offer 24 month leases on the Sonata.

    36/15 on the Sonata Limited is .00076 and 56%. $1400 lease cash.

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  • wilbur4242wilbur4242 Member Posts: 2
    Hi,

    Looking for the residual and MF for a 2015 Sonata SE. 12K/36 months in Alabama.
  • kyfdxkyfdx Moderator Posts: 264,048

    Hi,

    Looking for the residual and MF for a 2015 Sonata SE. 12K/36 months in Alabama.

    .00066 MF and 59% residual. $1400 lease cash.

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  • jpoole23602jpoole23602 Member Posts: 4
    Can you please provide the residual and MF for 2015 HYUNDAI SONATA 2.4L LIMITED near Tampa FL. Forgot to mention 15K miles per year.
  • jpoole23602jpoole23602 Member Posts: 4
    Also, any rebates/ incentives for May on 2015 HYUNDAI SONATA 2.4L LIMITED

    Thank you!!
  • MZA212MZA212 Member Posts: 355
    Could you please provide numbers for 36/12k South Florida, SE and SPORT 2.4 trims? Thank you.
  • clarke_kent45clarke_kent45 Member Posts: 2
    Could you provide numbers for a 2.4L Limited, 36/12k, in Chicago? Thanks.
  • kyfdxkyfdx Moderator Posts: 264,048

    Can you please provide the residual and MF for 2015 HYUNDAI SONATA 2.4L LIMITED near Tampa FL. Forgot to mention 15K miles per year.

    .00076 MF and 56% residual. $1400 lease cash

    Edmunds Price Checker
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  • kyfdxkyfdx Moderator Posts: 264,048
    mzia said:

    Could you please provide numbers for 36/12k South Florida, SE and SPORT 2.4 trims? Thank you.

    SE: .00066 MF and 59% residual. $1400 lease cash.
    Sport: .00010 MF and 56% residual. $1400 lease cash.

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  • kyfdxkyfdx Moderator Posts: 264,048

    Could you provide numbers for a 2.4L Limited, 36/12k, in Chicago? Thanks.

    .00076 MF and 58% residual. $1400 lease cash

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  • Hi, I am trying to get a good lease deal on Sonata ECO. Could you provide me the MF and RV in Indiana? I was quoted $257.76 before tax for 36k/3yr. The car has a MSRP: $24,595 (including Freight, cargo net...). The sale price is $22,345 ($2250 off rebate).
  • MichaellMichaell Moderator Posts: 261,257
    jow71 said:

    Hi, I am trying to get a good lease deal on Sonata ECO. Could you provide me the MF and RV in Indiana? I was quoted $257.76 before tax for 36k/3yr. The car has a MSRP: $24,595 (including Freight, cargo net...). The sale price is $22,345 ($2250 off rebate).

    .00001 and 55%. $1400 lease cash.

    You should be able to negotiate more of a discount off sticker before the rebate is applied. Use the pricing tools at the top of the page (make / model / year) to get started.

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  • Thank you so much, Michaell. The dealer is now willing to get the sales price down to $21,737; but the monthly payment stays unchanged. This is odd to me tho...
  • MichaellMichaell Moderator Posts: 261,257
    jow71 said:

    Thank you so much, Michaell. The dealer is now willing to get the sales price down to $21,737; but the monthly payment stays unchanged. This is odd to me tho...

    Ask them what the net cap cost is, and how they arrived at that number from the selling price. Good place for hidden fees ...

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  • yoondaiyoondai Member Posts: 4
    Hi Guys, newbie here. Dad recommended I come and post here. I need to get the numbers for a 2015 Sonata Eco with and without the Tech package (does that change the factor at all?) in Southern California.

    I know there's a $2250 cash incentive for the Eco right now until the end of the month. I just wanna figure out what my Hyundai Circle offer will cost me in a lease and then see if dealers can offer me a better deal.
  • MichaellMichaell Moderator Posts: 261,257
    yoondai said:

    Hi Guys, newbie here. Dad recommended I come and post here. I need to get the numbers for a 2015 Sonata Eco with and without the Tech package (does that change the factor at all?) in Southern California.

    I know there's a $2250 cash incentive for the Eco right now until the end of the month. I just wanna figure out what my Hyundai Circle offer will cost me in a lease and then see if dealers can offer me a better deal.

    For 36 months and 12,000 miles per year, the lease numbers on the Sonata ECO are .00001 and 55%. $1400 lease cash. Specific options or packages do not change those numbers.

    Use the "Car Research" tab to link to current customer incentives; the $2250 may be for purchase only and would not apply to a lease.

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  • mathwhiz81mathwhiz81 Member Posts: 3
    Can you post the information for a 2015 Eco, 36/15K in Virginia Beach, VA? Thanks!
  • kyfdxkyfdx Moderator Posts: 264,048

    Can you post the information for a 2015 Eco, 36/15K in Virginia Beach, VA? Thanks!

    .00001 MF and 53% residual. $1400 lease cash

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  • yoondaiyoondai Member Posts: 4
    FYI. I got the car today. I got $1400 lease cash plus the $750 May Day cash. So it still came out to around $2150
  • spidpooyspidpooy Member Posts: 182
    yoondai said:

    FYI. I got the car today. I got $1400 lease cash plus the $750 May Day cash. So it still came out to around $2150

    Congrats. Would you please post lease details ?
  • mathwhiz81mathwhiz81 Member Posts: 3
    Can I have the numbers for a Limited with 36/15K in Virginia Beach, VA? Thanks!
  • MichaellMichaell Moderator Posts: 261,257

    Can I have the numbers for a Limited with 36/15K in Virginia Beach, VA? Thanks!

    .00076 and 56%. $1400 lease cash.

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  • MZA212MZA212 Member Posts: 355
    yoondai said:

    FYI. I got the car today. I got $1400 lease cash plus the $750 May Day cash. So it still came out to around $2150

    You mind sharing price you got, payment, residual, down etc ?
  • zanc7zanc7 Member Posts: 13
    Michael,

    I was offered a Sonata Limited 2.4L with an MSRP $27,755 at a sale price of $23,282 after rebates. Can you let me know the RV and MF for a 3 year lease with 20k annual miles? I am in Los Angeles area. Thanks
  • MichaellMichaell Moderator Posts: 261,257
    zanc7 said:

    Michael,

    I was offered a Sonata Limited 2.4L with an MSRP $27,755 at a sale price of $23,282 after rebates. Can you let me know the RV and MF for a 3 year lease with 20k annual miles? I am in Los Angeles area. Thanks

    Hyundai only offers 15K leases; more miles are purchased up front at the rate of .10-.25 per mile, which is then deducted from the calculated residual.

    .00076 and 56% for 36/15; $1400 lease cash.

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  • zanc7zanc7 Member Posts: 13
    thanks Michael. And the 1400 lease cash is what the dealer is getting from the lender?
  • kyfdxkyfdx Moderator Posts: 264,048
    zanc7 said:

    thanks Michael. And the 1400 lease cash is what the dealer is getting from the lender?

    The money is coming from Hyundai, most likely, not the bank, but yes... it's dealer money.

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