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Any information yet on leases for the hybrid Sonata?
Joe- Your timing couldn't have been better to post this question. I am looking at same vehicle and have the same "residual and MF question" as you. Specifically looking at 36-month term with 10K or 12K miles (don't know if they even offer 10K/ yr option though). Also insight into Mfg. current incentives would be helpful. -I am looking to work my deal in NE if that makes a difference Joe- Anything special on how you got the sell price down to $24,150 with Edmunds having invoice sitting around $25,986?
Here is what I got for the Elantra GLS w/sunroof and tinted windows *woohoo* I'm just gonna list stuff that looks important on the paper Vehicle Value 17,213.00 Title and Registration 17.00 Lease ACQ Fee 595.00 Documentation Fee 99.00 Sunroof and Tint 1,477.00 ----------------------------------------------------- Gross Capitalized Costs 19,419.00 No money down so Gross = Adjusted Capitalized Costs Adj Capitalized Costs 19,419.00 Residual Value 12,173.70 Depreciation and Amortized Amounts 7,245.30 Rent Charge 1,114.62 Total of Base Payments 8,359.92 Payment of 244.99 includes tax. First payment paid today. Lease is for 36 months, and 36,000 miles. I hope this helps some people out. I hope some people can beat this deal but that is as far as they would go here in Omaha, Ne. I know there will be better lease deals down the road for this car as the inventories pile up. I probably should have waited two or three more months but I do like this ride alot. Some questions real quick if someone could help me out. The residual value would be 12,173.70/19,419.00 = 63% Is this the correct way to figure that number out? Also the Rent Charge of 1,114.62 Is that basically the "interest" you pay? Thanks for the help.
Current 1/2011 rates (MF & Residual) 2011 2.0T Sonata Limited/w Nav. 36 months 12K miles/yr. Thank you NE FL area
Hi Car_Man, Do you have figures for leasing a 2010 Tucson Limited, FWD, 36 months, 12K miles? Do the AWD figures differ significantly? Thanks!
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