Elantra

201204_hyundai_genesis_coupe

2012 Hyundai Lease Rates – April 2012

Published by G

Strangely enough, HMF re-adjusted the residual values for almost all of their cars. They also adjusted the money factor too. Some when up, while others came down. It’s a mixed bag if you ask me. The downside is that some cash incentives are no longer available, so I’m not sure I like the “improved” residuals and money factors on some models.

If you are leasing a Sonata, please note the $1500 cash is no longer available. Only the $500 loyalty cash is there now. That’s actually not that great because the $1500 that was originally there was fantastic. Now, please take my sample calculations below with a grain of salt. The sale price is based on March sale prices, so I would definitely try to knock off another grand or so to bring the payments closer to last month’s level.

I am being old that the $1500 lease cash is still around. I don’t see it on Edmunds.com, but it may very well be there. I recommend asking for it and see if you can get it. For all intents and purposes, I won’t be adjusting my calculation below. However, I do recommend taking that extra cash into consideration when crunching your own numbers. Specially if the dealer is willing to honor it.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Hyundai Sonata SE 2.0T
MSRP – $25,520
Sale Price – $23,680 ($500 loyalty cash applied)
Monthly – $303+ tax
RWG Rating – 85.5

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Edmunds.com
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2012 HYUNDAI ELANTRA GLS AT
36 Month – Residual 61% of MSRP – .00207 Base Rate

2012 HYUNDAI ACCENT SEDAN GLS AT
36 Month – Residual 55% of MSRP – .00127 Base Rate

2012 HYUNDAI GENESIS 3.8L V6
36 Month – Residual 54% of MSRP – .00154 Base Rate

2012 HYUNDAI GENESIS COUPE 2.0T AT
36 Month – Residual 57% of MSRP – .00203 Base Rate

2012 HYUNDAI SANTA FE AWD GLS
36 Month – Residual 51% of MSRP – .00177 Base Rate

2012 HYUNDAI SONATA GLS AT
36 Month – Residual 56% of MSRP – .00130 Base Rate

2012 HYUNDAI SONATA SE 2.0T
36 Month – Residual 57% of MSRP – .00130 Base Rate

2012 HYUNDAI SONATA LIMITED 2.0T
36 Month – Residual 54% of MSRP – .00186 Base Rate

2012 HYUNDAI TUCSON AWD GLS
36 Month – Residual 55% of MSRP – .00202 Base Rate

2012 HYUNDAI VELOSTER COUPE AT
36 Month – Residual 55% of MSRP – .00111 Base Rate

1203_hyundai_veloster

2012 Hyundai Lease Rates – March 2012

Published by G

Hyundai residuals have dropped about 1% for most models (the Santa Fe drops by 3%, probably because a newly redesign model is just around the corner) but the MF carries over from last month unchanged. A reduction in residual without MF adjustment usually means your payments will jump compared to last month. Expect about $6-$7 change per month. Nothing outrageous, but worth noting.

Looking at the Sonata 2.0T SE calculation below, you will see how the lease payments are up slightly compared to last month. That’s not to say that you should expect that payment. On the contrary, these calculations are based on last month’s sales data, so I would encourage your to push for a bigger discount (before the rebates). Overall, I think Hyundai has entrenched themselves in the leasing world and not only do they have attractive lease programs, but they also have a good crop of highly sought-after cars too.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Hyundai Sonata SE 2.0T
MSRP – $25,520
Sale Price – $22,274 ($1500 lease + $500 loyalty cash applied)
Monthly – $273+ tax
RWG Rating – 92.1

Support my site by getting your “no obligation” quotes from:
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Edmunds.com
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2012 HYUNDAI ELANTRA GLS AT
36 Month – Residual 60% of MSRP – .00190 Base Rate

2012 HYUNDAI ACCENT SEDAN GLS AT
36 Month – Residual 53% of MSRP – .00090 Base Rate

2012 HYUNDAI GENESIS 3.8L V6
36 Month – Residual 53% of MSRP – .00136 Base Rate

2012 HYUNDAI GENESIS COUPE 2.0T AT
36 Month – Residual 56% of MSRP – .00185 Base Rate

2012 HYUNDAI SANTA FE AWD GLS
36 Month – Residual 48% of MSRP – .00157 Base Rate

2012 HYUNDAI SONATA GLS AT
36 Month – Residual 55% of MSRP – .00140 Base Rate

2012 HYUNDAI SONATA SE 2.0T
36 Month – Residual 56% of MSRP – .00140 Base Rate

2012 HYUNDAI SONATA LIMITED 2.0T
36 Month – Residual 53% of MSRP – .00190 Base Rate

2012 HYUNDAI TUCSON AWD GLS
36 Month – Residual 54% of MSRP – .00187 Base Rate

2012 HYUNDAI VELOSTER COUPE AT
36 Month – Residual 54% of MSRP – .00129 Base Rate

2012 HYUNDAI VERACRUZ AWD GLS
36 Month – Residual 53% of MSRP – .00128 Base Rate

1201_hyundai_azera

2012 Hyundai Lease Rates – January 2012

Published by G

If you are scared of the money factors, don’t. Hyundai is throwing money at leases in order to make things look more reasonable. Take the Sonata for example, you have $1500 lease cash AND $500 loyalty. Edmunds doesn’t state whether they can be combined or not, but I really don’t see why you couldn’t.

As you can see in my calculation below, the lease payments look decent. If you aren’t a current Hyundai customer, expect payments to be around $310 range since you will not be qualified for the extra $500 in cash. Even then, I think the lease is still a strong one.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Hyundai Sonata SE Turbo NAV
MSRP – $28,305
Sale Price – $24,000 ($1500 lease + $500 loyalty cash applied)
Monthly – $295+ tax
RWG Rating – 93.9

Support my site by getting your “no obligation” quotes from:
Edmunds.com
CarsDirect.com


2012 Hyundai Elantra Limited
36 Month – Residual 58% of MSRP – .00190 Base Rate

2012 Hyundai Tucson Limited
36 Month – Residual 53% of MSRP – .00187 Base Rate

2012 Hyundai Sonata Limited
39 Month – Residual 53% of MSRP – .00190 Base Rate

2012 Hyundai Sonata Limited Turbo
36 Month – Residual 54% of MSRP – .00190 Base Rate

2012 Hyundai Sonata SE Turbo NAV
36 Month – Residual 57% of MSRP – .00190 Base Rate

2012 Hyundai Genesis Sedan 5.0 R-Spec
36 Month – Residual 51% of MSRP – .00169 Base Rate

2012 Hyundai Genesis Sedan 3.8L V6
48 Month – Residual 46% of MSRP – .00133 Base Rate

11010_hyundai_genesis_coupe

2011-12 Hyundai Lease Rates – October 2011

Published by G

The Hyundai Veloster is out and it’s lease rate doesn’t look terrible. Unfortunately, discounts off sticker are not significant, so the lease doesn’t look very good (See below to see what I mean). With this in mind, if you have been waiting to get your hands on the Veloster, I would probably wait a few months to see how things shake out. The car is far too new at the moment, so it’s place in the marketplace is still up in the air. Plus, there’s a Turbo model in the works, so you may want to hold out and test drive that ride before you make your final decision.

By the way, the $500 cash on the Sonata is still available. It does help make the lease more attractive, but it still lags behind the deals people were getting earlier this year.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Veloster Coupe
MSRP – $21310
Sale Price – $20980
Monthly – $266+ tax
RWG Rating – 82.7

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2012 Santa Fe GLS V6 AWD
36-month | 15k miles | residual 56% | .00115 base money factor

2012 Genesis Sedan R-Spec
36-month | 15k miles | residual 56% | .00219 base money factor

2011 Genesis Sedan 4.6L
36-month | 15k miles | residual 47% | .00033 base money factor

2012 Genesis Sedan V6
36-month | 15k miles | residual 58% | .00147 base money factor

2012 Sonata GLS
36-month | 15k miles | residual 61% | .00119 base money factor

2012 Sonata Turbo SE
36-month | 15k miles | residual 59% | .00120 base money factor

2012 Sonata Limited
36-month | 15k miles | residual 54% | .00120 base money factor

2012 Sonata Limited Turbo
36-month | 15k miles | residual 56% | .00120 base money factor

2012 Elantra GLS Auto
36-month | 15k miles | residual 64% | .00133 base money factor

2012 Elantra Limited
36-month | 15k miles | residual 62% | .00133 base money factor

2012 Veloster Coupe
36-month | 15k miles | residual 60% | .00115 base money factor

hyundai_tucson

2011-12 Hyundai Lease Rates – September 2011

Published by G


Sonata lease rates are decent this month. There’s lease cash (loyalty) available as well on a nicely equipped Sonata SE Turbo (like mine) which is a bonus. The sale prices aren’t as low as back in the first half of the year, but they are still attractive because of the lease cash. Is this an awesome lease? No. But it’s not half bad.

If you aren’t an existing Hyundai customer, your payments will probably jump about $15-$20 bucks more per month. Still within the “GOOD DEAL” range.

Some of you may be wondering why I don’t talk about the Elantra’s promising lease numbers. That’s because you probably won’t see much in terms of discounts on the 2012 model right now. Unless you are able to pry $500 bucks or more out of the dealership’s hands, my guess is that deal won’t be as good as it could be. Of course, I’m not seeing the Civic being a great deal right now either, so you be the judge.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Sonata Turbo SE (w/Nav)
MSRP – $28,340
Sale Price – $26,287 ($500 loyalty lease cash)
Monthly – $317+ tax
RWG Rating – 89.2

For Dealer Quotes, Click Here.


2012 Genesis Sedan R-Spec
36-month | 15k miles | residual 56% | .00219 base money factor

2012 Sonata Turbo SE
36-month | 15k miles | residual 59% | .00120 base money factor

2012 Sonata Limited
36-month | 15k miles | residual 54% | .00120 base money factor

2012 Sonata Limited Turbo
36-month | 15k miles | residual 56% | .00120 base money factor

2012 Elantra GLS Auto
36-month | 15k miles | residual 65% | .00150 base money factor

2011 Elantra GLS Auto
36-month | 15k miles | residual 59% | .00047 base money factor

2012 Elantra Limited
36-month | 15k miles | residual 63% | .00150 base money factor

1108_hyundai_elantra

2011-12 Hyundai Lease Rates – August 2011

Published by G


As the 2012 models start rolling out, I am thinking the 2011 are probably better deals. Just look at the 2012 residuals and money factors! Not very good. The Genesis is looking rather expensive. The 2012 Sonatas don’t look that great either (disappointing). The Elantra is okay, but not a lot of discounts to be had. It can be leased, but just barely (see below for sample calculation). It’s starting to look like the recent company success got to their heads and they are trying to capitalize on it. Can’t blame them, but I think the deals were better earlier in the year.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Elantra GLS AT
MSRP – $18,205
Sale Price – $17,909
Monthly – $213+ tax
RWG Rating – 86.4

2012 Sonata Limited
MSRP – $29,545
Sale Price – $27,358
Monthly – $369+ tax
RWG Rating – 82.8

For Dealer Quotes, Click Here.


This month’s lease rates have been brought to you by Number1Leasing.

Tel: 866-254-9930
info(at)number1leasing.com


2012 Sonata GLS
36-month | 15k miles | residual 58% | .00083 base money factor

2012 Sonata Limited
36-month | 15k miles | residual 54% | .00120 base money factor

2012 Elantra GLS
36-month | 15k miles | residual 65% | .00150 base money factor

2012 Elantra Limited
36-month | 15k miles | residual 63% | .00150 base money factor

2012 Genesis V6 Sedan
36-month | 15k miles | residual 60% | .00199 base money factor

2012 Genesis Coupe 2.0T
36-month | 15k miles | residual 60% | .00227 base money factor

2011 Genesis Coupe 2.0T
36-month | 15k miles | residual 54% | .00095 base money factor

1107_hyundai_equus

2011-12 Hyundai Lease Rates – July 2011

Published by G


Looks like the 2012 Elantra is selling for “over sticker” price right now. No surprise there, the car has been selling quite well since it’s introduction, with very little discount (if any) from most dealers.  The 2012 Sonata numbers don’t look too bad either. I doubt you will get much of a discount since the car is so new. Nevertheless, great things happening at Hyundai. The car is well engineered and a pleasure to drive (after all, I have one). The company looks to be poised for increased sales in the coming years, which should translate to better lease/purchase incentives for us in the near future.

You can check out Hyundai Sales Performance, HERE.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Elantra GLS AT
MSRP – $15,955
Sale Price – $16,195
Monthly – $197+ tax
RWG Rating – 83.2

For Dealer Quotes, Click Here.


This month’s lease rates have been brought to you by Number1Leasing.

Tel: 866-254-9930
info(at)number1leasing.com


2012 Accent GLS AT
36-month | 12k miles | residual 62% | .00107 base money factor

2012 Elantra GLS AT
36-month | 12k miles | residual 66% | .00150 base money factor

2012 Sonata GLS AT
36-month | 12k miles | residual 59% | .00083 base money factor

2012 Sonata SE 2.0
36-month | 12k miles | residual 60% | .00120 base money factor

2012 Genesis 4dr 3.8
36-month | 12k miles | residual 61% | .00199 base money factor

2011 Genesis 2dr 2.0
36-month | 12k miles | residual 60% | .00184 base money factor

2011 Veracruz FWD GLS
36-month | 12k miles | residual 48% | .00077 base money factor

2011 Tucson FWD GLS
36-month | 12k miles | residual 57% | .00168 base money factor

2011 Equus Signature
36-month | 12k miles | residual 49% | .00085 base money factor

2011 Elantra Touring GLS
36-month | 12k miles | residual 57% | .00155 base money factor

1106_hyundai_elantra_limited

2011 Hyundai Lease Rates – June 2011

Published by G

Here is what’s currently available from Hyundai. More numbers will come as I find them. You may scour Edmunds or Hyundai Forums for numbers if don’t see them here. Better yet, call your local dealer. I find that for “non-luxury” brands, there’s less mf-padding than with luxury brands such as BMW and Mercedes.

There’s been a lot of Sonata vs Optima debates lately, and I think they are both good cars. I opted for the Sonata because it was a better lease and also because the interior appealed to me more. The residual value is much higher on the Sonata and the money factor is also more attractive. There is a larger customer cash incentive on the Optima though, but in my opinion, it doesn’t offset the cost enough. The sale price seems to have gone up a little bit on the Sonata, but it is still a reasonable lease (89.2 RWG rating). Veterans and current Hyundai customers get an additional $500, while Students and Grads get $400. No lease cash is currently available.

Lease vs Buy. If you are planning to finance a purchase over 5 years, you may want to keep your cash and lease for the first 3 years (1.344 on a lease vs 2.9% on a buy) then maybe refi the remaining payoff (as long as the interest isn’t too high) or pay the entire payoff. If you manage this properly, you could actually save money over the typical purchase financing option.

Another thing worth noting, the Elatra Touring is no the all-new sedan. It’s actually a wagon which has an older design.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 Sonata SE Turbo NAV
MSRP – $28,320
Sale Price – $26,419
Monthly – $317+ tax
RWG Rating – 89.2

For Dealer Quotes, CLICK HERE.


NOTE: Hyundai residuals increase 1% from 15k to 12k.

2011 Elantra Touring GLS AT
36-month | 15k miles | residual 57% | .00155 base money factor

2011 Elantra Touring GLS MT
36-month | 15k miles | residual 55% | .00155 base money factor

2011 Elantra Touring SE AT
36-month | 15k miles | residual 55% | .00155 base money factor

2011 Elantra Touring SE MT
36-month | 15k miles | residual 54% | .00155 base money factor

2011 Sonata SE Turbo
36-month | 15k miles | residual 56% | .00056 base money factor

2011 Santa Fe GLS V6 AWD
36-month | 15k miles | residual 58% | .00150 base money factor

2011 Veracruz Limited AWD NAV
36-month | 15k miles | residual 53% | .00120 base money factor

2011 Veracruz GLS FWD
36-month | 15k miles | residual 54% | .00156 base money factor

2011 Veracruz Limited FWD
36-month | 15k miles | residual 53% | .00156 base money factor

2011 Tucson Limited AWD
36-month | 15k miles | residual 55% | .00178 base money factor