Genesis

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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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

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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

1202_hyundai_veloster

2012 Hyundai Lease Rates – February 2012

Published by G

The only car qualifying as a “deal” right now is the Sonata 2.0T SE. There is a lot of cash available right now, but not a lot of discounts off MSRP w/o using manufacturer incentives. The one thing I recommend is that you be careful when you lease a Hyundai. The payments are VERY attractive since they are generally $200-$300 per month for most cars, but they are also fairly inexpensive cars, so you don’t want to end up overpaying.

For example, leasing a Genesis Coupe for $300 a month +tax and inceptions isn’t all that bad, but the car’s MSRP is only $24k. So keep that in mind. Same goes for the other low priced models such as the Elantra, Accent and Veloster.


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 – $266+ tax
RWG Rating – 93.8

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2012 HYUNDAI ELANTRA GLS AT
36 Month – Residual 61% of MSRP – .00190 Base Rate

2012 HYUNDAI ACCENT SEDAN GLS AT
36 Month – Residual 54% of MSRP – .00090 Base Rate

2012 HYUNDAI GENESIS 3.8L V6
36 Month – Residual 54% of MSRP – .00136 Base Rate

2012 HYUNDAI GENESIS COUPE 2.0T AT
36 Month – Residual 57% of MSRP – .00185 Base Rate

2012 HYUNDAI SANTA FE AWD GLS
36 Month – Residual 51% of MSRP – .00157 Base Rate

2012 HYUNDAI SONATA GLS AT
36 Month – Residual 56% of MSRP – .00140 Base Rate

2012 HYUNDAI SONATA SE 2.0T
36 Month – Residual 57% of MSRP – .00140 Base Rate

2012 HYUNDAI SONATA LIMITED 2.0T
36 Month – Residual 54% of MSRP – .00190 Base Rate

2012 HYUNDAI TUCSON AWD GLS
36 Month – Residual 55% of MSRP – .00187 Base Rate

2012 HYUNDAI VELOSTER COUPE AT
36 Month – Residual 55% of MSRP – .00129 Base Rate

2012 HYUNDAI VERACRUZ AWD GLS
36 Month – Residual 54% 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

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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

1112_hyundai_genesis_rspec

2012 Hyundai Lease Rates – December 2011

Published by G

Unfortunately, I didn’t find a lot of Hyundai lease rates this month. I really need to get a more reliable source for this because scouring through online forums of this stuff just isn’t cutting it. R-Spec Genesis rates suck, but I’m not surprised since it’s a limited production vehicle. The Veloster looks decent but discount are a measly 2% off MSRP in my area. Not good enough in my opinion. The Sonata numbers look about the same as last month, slight drop in residual, but other than that, MF remains the same. Overall, if you are looking to get a Sonata, look to lease because long-term financing a purchase isn’t all that great (3.9% for 60 months & 4.9% for 72 months).


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
MSRP – $23,855
Sale Price – $21,106 ($500 loyalty cash applied)
Monthly – $237+ tax
RWG Rating – 97.1

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2012 Hyundai Sonata GLS
36-month | 15k miles | residual 60% | .00119 base money factor

2012 Hyundai Sonata SE
36-month | 15k miles | residual 59% | .00119 base money factor

2012 Hyundai Genesis Sedan R-Spec
36-month | 15k miles | residual 54% | .00180 base money factor

2012 Hyundai Veloster
36-month | 15k miles | residual 59% | .00115 base money factor

hyundaimain

2011-12 Hyundai Lease Rates – November 2011

Published by G

From what I understand, sales of the Sonata have somewhat tapered off a little bit. As a response, Hyundai has made things quite attractive for those of you looking for a family-sized sedan with zip. As you know, I am a Sonata Turbo SE lessee and I’ve been reasonably happy with the car thus far. Sure, it has it’s faults and some quality issues still persist, but overall, I’ve had a reasonable leasing experience thus far. The current deal, if you are an existing Hyundai customer, is much better than what I had back in April. I believe my RwG rating was only in the low 90s back then. This current lease is pretty killer if you ask me.


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 Turbo SE
MSRP – $25,405
Sale Price – $22,821 ($500 loyalty cash applied)
Monthly – $251+ tax
RWG Rating – 97.5

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2011 Hyundai Sonata Hybrid
36-month | 15k miles | residual 52% | .00038 base money factor

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

2012 Hyundai Sonata 2.0T SE
36-month | 15k miles | residual 62% | .00142 base money factor

2012 Hyundai Sonata 2.0T Limited
36-month | 15k miles | residual 59% | .00142 base money factor

2012 Hyundai Genesis Coupe 3.8 Grand Touring
36-month | 15k miles | residual 61% | .00230 base money factor

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

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

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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