2011 Hyundai Sonata GLS Automatic lease - 3yr/12k $228/month + tax w minimum driveoff
Rating: 6 Posted By: muniala
Views: 4791 Replies: 20
Hyundai Sonatas have some good lease programs going on right now. These are the numbers. The interest rates are really low (0.24% on the GLS) and the residuals are respectable.
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
Lease numbers for a 2011 Hyundai GLS with auto transmission, 12k miles per year for 3 years, MSRP 20915 will be as follows
MSRP: 20915
Selling price: 19500 (this is what you negotiate with the dealer) Shouldn’t be hard to get this price
Money Factor :0.0001 (equivalent to an interest rate of 0.24%)
Residual: 57%
Bank Fee: $600 (This is rolled into your lease payment)
Monthly payment = $228 + sales tax rate for your state
Driveoff : First months payment + DMV fee + Misc fees (not to exceed $50) - so depending on your state dmv fees, the max total driveoff should be around $500 - $600 for states like CA that have a high DMV fee. This is essentially a zero down lease.
If you currently own/lease a Hyundai there is additional $500 loyalty cash which will drop your monthly payment down to $214
Source:2011 Hyundai Sonata GLS Automatic lease - 3yr/12k $228/month + tax w minimum driveoff