2012-13 Hyundai Lease Rates – May 2012

Most numbers have remained the same. Lease rates for the Azera are now available. They look average in my opinion, but a good deal will have to come down to how much off MSRP you are able to knock off. Since the car has just been introduced to the public, I suspect deep discounts will be tough. On another note, the 2013 Elantra has been released and the residual is fantastic. The MF, not so much. Deep discounts have always been tough to get on this popular car so I would recommend buying it in cash or at a lower than 4.9% loan.

Below, you will see the Sonata SE Turbo (which I am currently leasing) calculations. They are definitely improved compared to last month, but could use a little more work.


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 – $23,278 ($500 loyalty cash applied)
Monthly – $292+ tax
RWG Rating – 87.9

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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

3 thoughts on “2012-13 Hyundai Lease Rates – May 2012

  1. Hey G- After spending a year with the Sonata, what do you think of it now? I drove one a few months ago and loved the power and amenities, but I’ve always been a German car driver (BMW, Audi, VW). I’d love an Audi or BMW but with a child on the way we need a larger vehicle and we can’t swing an A6 or 5 series, so we’ve been looking at the Passat. I like the Passat for every reason except its tepid 5 cylinder engine. The V6 is an option, but there’s no lease incentives on those. I’m leaning towards the Sonata but I’m worried I might be disappointed with it further down the road. Curious what your thoughts are… Love the website. It’s been a great resource so far!

    • Hey Brian, I “like” my Sonata still. It has it’s quality issues though, but I believe that comes with the fact that I got a 1st year model, which is usually what I consider a “Beta”. Subsequent models should have much improved quality.

      Here are my CONS:
      1) I have a squeeky suspension, which I noticed early on but never got around to fix it (because it’s a lease and I don’t really care to be honest).
      2) I still struggle to pump gas occasionally (keep clicking off prematurely), but I have noticed I’m probably the only one experiencing this (haven’t noticed anyone talking about it in forums and the diagnostic test the dealer did checked out fine).
      3) There was also an incident with my gear shifter-knob’s plastic cracking, that was replaced without incident.
      4) Yesterday, I noticed the weather stripping of the door was a bit loose. Just popped it back in and back in business.
      5) Lastly, I’m not a big fan of the Navi and bluetooth. Clumsy to use voice command. Would have been perfectly happy without the Navi, but I wanted Sunroof and they came together (silly!).

      PROS

      1) The car is very sturdy. On Monday, some fool hit my driver-side mirror, knocked the mirror off and bent the casing forward. After freaking out for about 5 seconds, I gently pulled the casing back to it’s original position and popped the mirror back in. Still working like new.

      2) Ride is still fairly smooth even with an SE model.
      3) TON of legroom.
      4) Trunk is pretty big and the cargo net comes in handy.
      5) Plenty of power coming from that Turbo 4.
      6) MPG is slightly below what I expected, but I am a led-foot and I drive about 90% city. For the typo of power you get compared to a V6, I think it’s MPG is solid.

      Overall, the car is comfortable and easy to drive. It’s nice on road trips and it does get impressive gas mileage on the highway. It should haul most things with relative easy too. It certainly doesn’t have the driving dynamics of a BMW, but the interior quality is not half back. Sure, there are some hard plastics, but there is also plenty of soft-touch plastics too. I found it a bit more appealing than the Optima personally, but I know others may disagree. For the money ($361 with 8.75% sales tax with $0 due at signing), it’s really tough to beat and that’s what really came down to it for me.

      • Great information – thanks for the reply! I have heard that they fixed some of the issues with the first year model later on, specifically with the suspension. I think the Sonata is a lot of car for the money and I’m looking forward to revisiting it. The 2.0T really blew me away with the amount of power it has. Most of our driving is highway, so the increased mileage would be a definite plus for us. It’s no BMW, but then it’s about half of what a new 5 series costs. We plan on keeping ours anyways, so win win I guess 🙂 Appreciate the work you do. Take care!

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