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2011 Hyundai Lease Rates – May 2011

UPDATE: Added Sonata SE Turbo and Elantra GLS. Sonata SE Turbo remains the same as last month. Elantra GLS should be an EXCELLENT lease , even without a big price discount. Check out the updated sample calculations section to get an idea as to how much the Elantra would could you.

Here are the latest numbers on the Sonata NA models. Looks like a minor drop in residual value, but still better than most cars. I noticed a slight drop in sale prices around my area in the last couple of days, which should help with the payments. The $250 customer cash should still be available. More numbers will be posted as they become available.


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
MSRP – $23,545
Sale Price – $21,962
Monthly – $263+ tax
RWG Rating – 89.2

2011 Elantra GLS
MSRP – $15,695
Sale Price – $15,443
Monthly – $161+ tax
RWG Rating – 95.0

For Dealer Quotes, CLICK HERE.


NOTE: Hyundai residuals increase 1% from 15k to 12k and 2% from 15k to 10k.

2011 Elantra GLS
36-month | 15k miles | residual 66% | .00076 base money factor

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

2011 Sonata Limited
36-month | 15k miles | residual 55% | .00056 base money factor

2011 Sonata SE Turbo
36-month | 15k miles | residual 58% | .00056 base money factor

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2011 Hyundai Lease Rates – April 2011

UPDATE: Added the Sonata SE & Limited Turbo rates. The residual dropped 1% but the MF remain the same as last month. The bad news is that the Sonata selling price seems to have gone up about $500 more this month compared to last month. Seems demand is going up. Its still early in the month though, so the prices to drop at the end of April.

Hyundai seems to have updated their residuals for April. Apparently, people like their cars, so the banks seems to think their resale value will improve (hence the slightly higher residuals). It’s kind of tough to argue against that logic since folks seem to be embracing Hyundai cars more and more each day (I’m one of them). Keep in mind this is only a partial list which will be updated as more lease rates become available. One car to take note of is the new Elantra. The bank has given it a VERY high residual (probably due to it’s gas sipping ways), but the sale prices are still relatively high (TrueCar indicates only about 2% off MSRP in SoCal region). Nevertheless, it is still a VERY good deal due to the low MF.


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 Elantra GLS
MSRP – $17,945
Sale Price – $17,558
Monthly – $181+ tax
RWG Rating – 96.0

For Dealer Quotes, CLICK HERE..


NOTE: Hyundai residuals increase 1% from 15k to 12k and 2% from 15k to 10k.

2011 Genesis Coupe 2.0 Base AT
36-month | 15k miles | residual 59% | .00184 base money factor

2011 Genesis Coupe 3.8 Grand Touring
36-month | 15k miles | residual 59% | .00187 base money factor

2011 Genesis Sedan 3.8L
36-month | 15k miles | residual 54% | .00038 base money factor

2011 Genesis Sedan 4.6
36-month | 15k miles | residual 53% | .00058 base money factor

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

2011 Sonata SE Turbo
36-month | 15k miles | residual 57% | .00056 base money factor

2011 Sonata Limited Turbo
36-month | 15k miles | residual 55% | .00056 base money factor

2011 Tucson GLS AWD
36-month | 15k miles | residual 56% | .00156 base money factor

2011 Elantra GLS
36-month | 15k miles | residual 66% | .00076 base money factor

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What’s Going On – April 2011

Last Friday, I became a first-time homeowner! Woo Hoo! That’s been the biggest reason why I’ve been completely out-of-it in the past month. Unfortunately, I am in fixing-n-packing mode this month, so I have to continue keeping my comments short. I will continue to do what I can and drop a few lines here and there to help out. Lease rates should also be coming in the next couple days. I have already sent out request for some numbers and will focus in finding some numbers for you all in the coming weeks. Your patience is appreciated.

Working with the house this past weekend has opened my eyes to how inconvenient having a coupe really is. Hauling things from Home Depot or Lowe’s has been next to impossible (unless its just a few paint cans and brushes) so it has really been causing a lot of confusion as to what I want to be driving next. Clearly, the visits to home improvement stores won’t be stopping any time soon, therefore, I feel the need to get into something more practical this time around.

To recap, (Replacing the G – Party 2) I have been”casually” shopping for my next ride since November. I test drove a handful of cars/suvs and got a good feel for what I wanted next. However, this home ownership business has really thrown a curve ball at me recently. Not only do I have a strict budget to adhere to, but I also have to factor in operational costs ( gas has been creeping up into the $4+ territory. Yickes!). Just last night, I was at Costco and it cost me $67 to fill up 16 gallons on the G. CRAZY. Doing that 3-4 times a week has me feeling like my wallet has lost some of that plumpness!

In any case, due to these circumstances, I decided to trim down my list even further by narrowing it down to the following cars.

  1. Hyundai Sonata Turbo SE
  2. Hyundai Sonata Turbo Limited
  3. Subaru Forester X
  4. Subaru Forester XT
  5. Acura TSX
  6. Audi A3 Premium
  7. VW GTI
  8. VW Tiguan S
  9. Honda Pilot LX 4WD

At the moment, I find myself leaning towards leasing the Sonata Turbo SE with the Nav/Sunroof package. It provides me with the best equipped vehicle and the lowest payment. It lacks the practicality of having that “5th door”, but it’s easy on the pocketbook. I’m also toying with the idea of getting a GTI or going all out and getting the Pilot. Tough decisions to be made in the coming months! I have about 4 months and three payments left on my G37, so the hunt for my next ride will be shifting into high gear really soon!

So which car did you think I will be driving in a few months? Care to guess?

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Monthly Round-Up : February 2011


Lease rates didn’t change much from last month, but sale prices dropped for most vehicles, which makes February a slightly better month than January. The were a few exceptions, such as in Honda’s case. Honda sales prices in the Southern California region seems to have gone up a bit, making the leases slightly more costly than back in December and January. You will see in the chart that certain Honda’s RWG rating have dropped slightly, but overall, still a very good lease compared to other brands and models.

I have been suggested to perhaps breakdown the Round-Up by class, which I think is a good idea. I will try to spend some time next month reorganize the list and rank the leases by class. In the mean time, enjoy February’s Round-Up!

For Dealer Quotes, Click Here.

Ground Rules

  • Participating vehicles will be based on the lease rates gathered on this website during the corresponding month.
  • 36-month/15k lease terms will used for all calculations unless a better term is available.
  • A $1500 drive-off fee is assumed for all cars. Since fees and taxes vary from region to region, your drive-off may vary.
  • Sale Price estimates will be based on Truecar.com sales data in the Southern California region, so your numbers may vary.
  • All estimates assume you qualify for the base rate. A minimum FICO® Score of 700 may be required.
  • Sales taxes are not included since different states handle taxes differently. Please refer to “Understanding Sales Tax” to learn how taxes affect your monthly payments.
  • The rating system used is based on RIDE with G’s Lease Calculator. The closer you are to the 100 rating, the better the deal. Anything exceeding a 100 rating is phenomenal.

Top Ten Finalists

click to view chart

First – 2011 Nissan Sentra SR (116.1)

Seems like the Civic and the Sentra have been trading places these last few months, so no surprise here. The Sentra is a better deal as a purchase right now since there are some rebates that aren’t available to leases.

Second – 2011 Mazda3s Hatchback (114.5)

Sometimes I wish I could get my hands on Mazda numbers more consistently. If I did, we would see a 3-way competition between Mazda, Nissan and Honda to see which dominates the Monthly Round-Up.

Third  – 2011 Honda Civic LX Sedan (114.4)

Numbers took a dive this month because sale prices have gone up. Further proof that you can’t just rely on residual and money factors alone.

Fourth – 2011 Nissan Altima S Sedan (104.1)

Since the Accord isn’t looking as good this month due to a higher sale price, the Altima makes for a good substitute.

Fifth – 2011 Infiniti G37 Sport Coupe (103.2)

If you are shopping for luxury sport coupes and don’t want to spend much money, this is your ride.

Sixth – 2011 Infiniti G37 Sport Sedan (103.0)

Do you see a pattern? This is the most bang for the buck when it comes to luxury sport sedans.

Seventh – 2011 Honda Accord CrossTour EX (101.4)

Car is getting discounted quite a bit this month. Surprising for a 2011 model.

Eighth – 2011 Infiniti G25 Journey Sedan (100.7)

A sensible choice for those seeking reasonable fuel economy and performance.

Ninth – 2011 Infiniti M37 AWD (98.2)

If I am ever willing to pay upwards of $500+ a month, this would be the ride I’d get.

Tenth – 2011 Honda Accord LX Sedan (97.5)

Dropped quite a bit, but mainly due to a higher sale. Nothing extra haggling with your dealer can’t fix.

Missing the Cut (Honorable Mentions)

2011 Mercedes-Benz C300 Sport (97.3)
2011 Honda CRV LX AWD (97.2)
2011 Nissan Maxima S (96.4)
2011 Nissan Rogue S AWD (95.3)
2011 Nissan Versa S HB (95.2)
2011 Hyundai Sonata SE Turbo (94.7)
2011 VW CC Sport (92.7)
2011 Ford Edge SEL AWD (92.0)
2011 VW Tiguan S 4motion (91.9)
2011 Acura TSX (91.7)
2011 Acura TL (91.4)
2011 Volvo S60 T-6 (91.4)
2011 Lexus IS250 (91.3)
2011 Infiniti FX35 AWD (90.9)
2011 Mazda CX-9 Touring (90.7)
2011 Subaru Legacy 3.6R Premium (90.5)
2011 Audi A3 Premium (90.5)
2011 BMW 135i (90.0)

Parting Shots

If you didn’t notice, the bulk of the Top Ten List are Nissan made. This says a lot since the days of German cars being “great leases” is officially over. Nowadays, they are just good, not great. With BMW and Audi looking disinterested in providing any sort of “deal” to consumers.

On another note, I didn’t think I would see the day when a Volvo would “Miss the Cut”, but that day has arrived in the form of a S60 T6, which is on clearance due to the incoming 2012 model.

Lastly, many models received a price bump so payments may have gone up (or down) slightly. However, the overall feeling I am getting is that February is still a slightly better month than January. Expect bigger changes in March.

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