Hyundai Elantra Value Edition

When I go build a Value Edition it looks like there’s a $4250 “2018 Hyundai Elantra Special Financing” offer being applied to the deal.

When I enter the numbers into the Calculator: Numbers

it seems the deal comes out to $110 a month. Is this correct? Am I using the calculator the right way? Did I enter the $4250 in the right spot?

I couldn’t find any info on the “Special Financing” thing… is it possible I could leave that out of the calculation (which brings the deal to $243 a month) and pocket the $4250?

Is this a good deal or better off waiting for Labor Day?

Thanks.

You don’t have the correct residual or money factor. These numbers aren’t correct at all

Are you sure that “Special Financing Offer” applies to leases?

Yeah it didn’t sound right. On the Hyundai build site though it shows up under the Applied Offers in the Lease section. If I choose the Finance section that offer goes away. And all it says is exactly that: “2018 Hyundai Elantra Special Financing” and that it expires 7/31.

I’m trying to see if I can find correct info for residual and money factor.

Asked on the Edmunds forum and this is what they said:
.00199 MF and 47% residual. They said for 36k/12 the lease cash is $4750 not $4250. Lots of cash.

Unfortunately putting those numbers in the calculator gives me $199 a month, not the near $100 I was hoping for. The 47% residual kills it.

Maybe next month is better or perhaps even Labor Day.

Doubt you’ll find anything for $100/mo anytime soon, find the right sonata and it’s about the same as an elantra. Inventory all those cars is starting to dry up, no need for more incentives, especially to get it to $100/mo

Sonata will be the same number as elantra