sonatamain

2011 Hyundai Lease Rates – November 2010

logo_hyundaiMy Take: Numbers have changed on the Sonata this month. Hyundai has an awesome sales month in October so I am guessing they will be push hard to make November just as good. I’ll keep my eyes out on the Turbo and other numbers, so check back later.

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2011 Hyundai Sonata GLS
36-month | 15k miles | residual 58% | .00047 base money factor

2011 Hyundai Sonata SE
36-month | 15k miles | residual 56% | .00068 base money factor

2011 Hyundai Sonata Limited
36-month | 15k miles | residual 55% | .00068 base money factor

2011 Genesis Sedan V6
36-month | 15k miles | residual 56% | .00115 base money factor

2011 Genesis Coupe 2.0
36-month | 15k miles | residual 58% | .00150 base money factor

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Hyundai Incentives from Edmunds.com

g37main

Replacing the G – Round One

I know I am jumping the gun by doing a write-up about my “next ride” considering I have another 10 months left on my lease. However, my wife has began dropping hints about what my next ride should be. “Something practical, something bigger…something that will keep your paws off my Jetta” she says.  Sadly, it looks like my G37 has become rather impractical and the wife has finally put me on notice.

I can’t say I blame her because in recent months, her car has become the designated “airport shuttle”. If that wasn’t bad enough, we have also been using her car to haul some furniture from Office Depot and weekly trips to Costco. Unfortunately, it seems that life has finally caught up with me and I can no longer ignore the other “needs” in life.

So now I am faced with a dilemma….what exactly can I get that will fulfill the following requirements…

  • seating for at least five people
  • practical cargo space
  • above average performance
  • similar or better MPG than the 18/24 I am getting now
  • costs no more than what I currently pay ($1300/$424 per month), preferably, less!

After careful consideration over the past month, I’ve come up with a general “Wish List” of potential cars/SUVs that may satisfy my needs.

The Large SUV Group

Honda Pilot
Mazda CX-9
Chevy Traverse
Toyota Highlander
Ford Explorer

The Compact SUV Group

Toyota RAV4
Ford Edge
Infiniti EX35
VW Tiguan
Acura RDX

The Wagon Group

Audi A3
VW Jetta Sportwagen
VW Golf TDI
VW GTI
Subaru Outback

The Sedan Group

Acura TSX
Acura TL
Hyundai Sonata
Infiniti G37
Nissan Maxima

For the next few months, I will take the time to do some test drives in order to narrow down the list some more. Keeping in mind the requirements listed above, I would love to hear your opinions and any recommendations you may have.

sonatamain

2010-11 Hyundai Lease Rates – September 2010

logo_hyundaiMy Take: Sonata lease rates continue to look good, as a matter of fact, they look the same as last month. The Genesis looks decent, with the 2011 sedan looking much better than the couple right now. Of course, being a 2010, the coupe could get more substantial discounts to offset the higher MF.

2010 Hyundai Genesis Coupe 3.8
36-month | 15k miles | residual 54% | .00180 base money factor

2010 Genesis Coupe 3.8 GT
36-month | 15k miles | residual 54% | .00180 base money factor

2011 Hyundai Genesis Sedan 3.8L
36-month | 15k miles | residual 56% | .00132 base money factor

2011 Hyundai Genesis Sedan 4.6L
36-month | 15k miles | residual 55% | .00142 base money factor

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

Hyundai Incentives from Edmunds.com

2010/11 Hyundai Lease Rates – May 2010

logo_hyundaiMy Take: Looks like the numbers from March/April remain the same for May. I wouldn’t be surprised to see some changes come June, but you never know. There is some cash floating around, so be sure to check out the incentives link at the bottom of the page. Sonata numbers look attractive, Genesis numbers, not so much (but there some cash to help offset costs). The reviews are mixed on the new Sonata, so I’m not going to sit here and recommend this as an awesome car. The car looks great and the lease looks great as well. Is the car reliable? Does it drive well? No clue. Feel free to check it out if you are curious.

2011 Hyundai Sonata SE
36-month | 15k miles | residual 58% | .00087 base money factor

2011 Hyundai Sonata GLS
36-month | 15k miles | residual 58% | .00048 base money factor

2011 Hyundai Sonata Limited
36-month | 15k miles | residual 56% | .00095 base money factor

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2010 Hyundai Genesis Sedan 3.8
36-month | 15k miles | residual 51% | .00102 base money factor

2010 Hyundai Genesis Coupe 3.8 Track
36-month | 15k miles | residual 58% | .00224 base money factor

2010 Hyundai Genesis Coupe 3.8 Track with Nav
36-month | 15k miles | residual 56% | .00224 base money factor

2010 Hyundai Incentives

2010 Hyundai Genesis Lease Rates – April 2010

logo_hyundaiMy Take: Coupe numbers don’t look nearly as good as the sedan. 2009 models are no longer being supported for leases, so your best bet would be go buy them.

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2010 Hyundai Genesis Sedan 3.8
36-month | 15k miles | residual 51% | .00102 base money factor

2010 Hyundai Genesis Coupe 3.8 Track
36-month | 15k miles | residual 58% | .00224 base money factor

2010 Hyundai Genesis Coupe 3.8 Track with Nav
36-month | 15k miles | residual 56% | .00224 base money factor

2010 Hyundai Genesis Lease Rates – December 2009

logo_hyundaiMy Take: A bit low on the Genesis numbers, so I will update as I find them. Overall, you can get a pretty good feel for where the rates stand. I think there’s still a $1000 rebate on the coupes out there, so take advantage of that. I’m starting to see a lot of coupes out there so people must like them. I know my wife likes it better than my G37, grrr… LOL.

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2010 Hyundai Genesis

2010 Hyundai Genesis Coupe 2.0T Premium Auto
36-month | 15k miles | residual 53% | .00134 base money factor

2010 Hyundai Genesis 4.6
36-month | 15k miles | residual 46% | .00108 base money factor

2010 Hyundai Genesis Lease Rates – October 2009

logo_hyundaiMy Take: As you know, my wife was quite impressed with the Genesis Coupe at the OC Auto Show. So much that she was dissing my G37 as having a “big butt” compared to the Genesis Coupe. Booh! Anyway, The sedan numbers suck, even with $1000 cash laying around. The coupe, on the other hand, looks promising.

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2010 Hyundai Genesis

2010 Hyundai Genesis 4.6 w/Tech
36-month | 15k miles | residual 48% | .00112 base money factor

2010 Hyundai Genesis 4.6 w/Tech
36-month | 15k miles | residual 48% | .00112 base money factor

2010 Hyundai Genesis Coupe 3.8 GT
36-month | 15k miles | residual 54% | .00134 base money factor

2010 Hyundai Genesis Coupe 3.8 Track
36-month | 15k miles | residual 54% | .00154 base money factor

2010 Hyundai Genesis Coupe 3.8 GT w/NAV
36-month | 15k miles | residual 53% | .00134 base money factor

2010 Hyundai Genesis Coupe 3.8 Track w/NAV
36-month | 15k miles | residual 52% | .00154 base money factor

09 Hyundai Genesis Lease Rates for February 2009

My Take: The Genesis Sedan V6 is probably the better lease compared to the V8 model. There is supposed to be a $1000 cash incentive floating around so please take that into account during your negotiations. There is also a $500 rebate for those who are in the military. The lease, at invoice, is still a bit more expensive than I prefer (due to the 27-month term, you have less months to spread the depreciation across). However, I feel that there’s a decent amount of room for negotiation here, so dipping below invoice is certainly possible. You probably want to stay away from the V8 model since the residual drops another 3% and the car is pricier. If you choose to lower your mileage to 12k per year to save some money, keep in mind that it only increases the residual by 1%.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 27-month 24-month 27-month
2009 Hyundai Genesis V6 $30,993 $33,000 N/A $470* N/A $545*
2009 Hyundai Genesis V8 $35,271 $38,000 N/A $568* N/A $670*

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.

*27-month Lease.

2009 Hyundai Genesis February Lease Rates

2009 Hyundai Genesis V6
27-month | 15k miles | residual 56% | .00015 base money factor

2009 Hyundai Genesis V8
27-month | 15k miles | residual 53% | .00015 base money factor

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