New supporter here - trying to learn how to use Rate Findr and Lease Calculator - please forgive my ignorance!
Hyundai has a $10k incentive and “Special Lease Rate” according to Rate Findr (at 15k miles yearly) that seems to put the Residual Value at 56%, MF at 0.00201, and monthly payment at $344.
So why does the dealer’s offer come out to $704 monthly? I feel like an idiot as I’m clearly missing something, haha.
You seem to have doubled up on the $10,000 lease cash as well. They are only selling you the car at $1000 below MSRP, but you have the selling price at $11000 below MSRP when it should only be $1000 below.
I visited Wilson County Hyundai last week and I was offered $483-$493/month on a 24-month lease/12K. This dealer seems to be asking a lot more with $700/month for a lease.