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2012-13 Hyundai Lease Rates – May 2012

Published by G

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

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com


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

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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

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com


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

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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

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com


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

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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

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com


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

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2011 Hyundai Lease Rates – June 2011

Published by G

Here is what’s currently available from Hyundai. More numbers will come as I find them. You may scour Edmunds or Hyundai Forums for numbers if don’t see them here. Better yet, call your local dealer. I find that for “non-luxury” brands, there’s less mf-padding than with luxury brands such as BMW and Mercedes.

There’s been a lot of Sonata vs Optima debates lately, and I think they are both good cars. I opted for the Sonata because it was a better lease and also because the interior appealed to me more. The residual value is much higher on the Sonata and the money factor is also more attractive. There is a larger customer cash incentive on the Optima though, but in my opinion, it doesn’t offset the cost enough. The sale price seems to have gone up a little bit on the Sonata, but it is still a reasonable lease (89.2 RWG rating). Veterans and current Hyundai customers get an additional $500, while Students and Grads get $400. No lease cash is currently available.

Lease vs Buy. If you are planning to finance a purchase over 5 years, you may want to keep your cash and lease for the first 3 years (1.344 on a lease vs 2.9% on a buy) then maybe refi the remaining payoff (as long as the interest isn’t too high) or pay the entire payoff. If you manage this properly, you could actually save money over the typical purchase financing option.

Another thing worth noting, the Elatra Touring is no the all-new sedan. It’s actually a wagon which has an older design.


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 Turbo NAV
MSRP – $28,320
Sale Price – $26,419
Monthly – $317+ tax
RWG Rating – 89.2

For Dealer Quotes, CLICK HERE.


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

2011 Elantra Touring GLS AT
36-month | 15k miles | residual 57% | .00155 base money factor

2011 Elantra Touring GLS MT
36-month | 15k miles | residual 55% | .00155 base money factor

2011 Elantra Touring SE AT
36-month | 15k miles | residual 55% | .00155 base money factor

2011 Elantra Touring SE MT
36-month | 15k miles | residual 54% | .00155 base money factor

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

2011 Santa Fe GLS V6 AWD
36-month | 15k miles | residual 58% | .00150 base money factor

2011 Veracruz Limited AWD NAV
36-month | 15k miles | residual 53% | .00120 base money factor

2011 Veracruz GLS FWD
36-month | 15k miles | residual 54% | .00156 base money factor

2011 Veracruz Limited FWD
36-month | 15k miles | residual 53% | .00156 base money factor

2011 Tucson Limited AWD
36-month | 15k miles | residual 55% | .00178 base money factor