My Take: Wow, the Sonata is getting a nice MF despite the drop in residuals right now. I’m a bit concerned about the quick drop in residuals. This is a 2011 model, so unless we start seeing the 2012 model early next year, you would be looking at under-50% residuals by the first quarter of 2012. If that’s the case, I just don’t see how much lower the MF can get to keep this ride cheap to lease. Of course, Hyundai could introduce some cash incentives to help offset the drops in residual this holiday season, but that remains to be seen. Either way, not a bad time to get a Sonata if you are in the market for one.
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2011 Hyundai Sonata SE
36-month | 15k miles | residual 55% | .00050 base money factor
2011 Hyundai Sonata GLS
36-month | 15k miles | residual 55% | .00010 base money factor
2011 Hyundai Sonata Limited
36-month | 15k miles | residual 56% | .00050 base money factor