Hyundai Elantra Sport quote

Ask the Hackrs
1

Hi All, this is my first lease and need your advise if this is a good deal or not. I do want to put a larger down payment to keep the monthly as low as possible. The payments do include gap coverage. I know the residual is very low, but this is the car I want: Hyundai, Elantra Sport. Here’s what I’ve been given so far:

MSRP: $26,385
Sell Price: $25,950
Gov/Fees: $288.43
Proc/Doc fee: $80.00
Acquisition Fee: $650.00
Gross Cap Cost: $26,968.43
Residual Value: $12,665.00
Rebate: $5,000.00
Cash Cap Reduction: $4,550.00
Net Cap Cost: $18,430.12
Down Payment: $4,550.00
Monthly: $200.00
36mo lease
12,000 miles/annually

2

Terrible deal. That discount is tiny and putting a down payment is NOT a good idea.

3

Update the title to what car you want. Your title is the epitome of an atrocious one

4

I would run away from that one. That’s a lot of cheese for a Hyundai Elantra.

5

You can’t be serious.

I lease a $44k Infiniti Q50 for less than that!

Also, sorry but there is no logic to putting a large down payment so that your monthly is lower. The outlay is the nearly same - you can afford the higher monthly payments if you can afford the high down payment, and you won’t be screwed in the unlikely event you total the vehicle.

6

Look up my Hyundai Elantra Sport thread on here.
I put $500 down and pay $175 a month for 12k miles annually, this includes tax.

Your price is highway robbery.

7

It’s hard to hack a lease when you box yourself into a corner with “I must have model xxx”, even when it’s leasing poorly that time. Search old threads, the Elantra Sport was a well hacked deal last summer.