Doesn’t really matter what you ask the dealer for. You should be calculating all the numbers before ever talking to a dealer, so you can easily do that calculation yourself (if you use the leasehackr calc, it’s literally clicking one button).
Sorry, OP. Like others have said, this is a very high payment for a Sonata loaner. But this hopefully is a good learning opportunity for your next lease.
At some point over the next 36 months, make sure you study and understand the numbers that go into a lease agreement. Prior to signing your next lease, post it here for feedback and users here can give you a better idea of how good or bad the deal is before you agree to it.
If it’s not too late, get your money back on the protection plan. There’s really no need for it.
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Could you all advise on where I could have sharpened the pencil on them? Defiantly want to learn for the next time. I priced out 5 dealers all within 100 mile radius and they quoted either $120 month with more down or once I sent the lease sheet for this deal they stopped responding?
By getting stuck on one car is my opinion. You could get everything else you wanted in a different car for less, say a bmw, or Mercedes Benz, or a Honda. Getting stuck on a sonata was your mistake, you didn’t cross shop models.
Imagine lease deals are fruit.
If I compared 100 rotting apples, and there’s a perfectly good orange that won’t make me sick, I’m going to take the orange, or a nearby banana or anything else that makes sick. Unless I’m allergic to them, an allergy is an anology for not liking the car, etc.
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Not sure If I’d agree with this. The new Sonata has more advanced tech and interior space than a 3 series or C class would have, unless you can find a unicorn loaded loaner of course.
For the OP I think a bit more of a discount on the sticker would’ve been helpful but the MF is on the higher side so its tricky. It’s a new-ish model so finding a deal is going to harder, although it’s a shrinking segment.
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You’ve got a major thing going against you here; the sonata, at the moment, is a poor lease value. As such, there’s really only so much you can do before looking at other vehicles to see what offers a better value. For mid $400s, you could have probably gotten into a lower trim loaner bmw 5 series, for example.
As for getting a better deal on this specific vehicle, when you see things like dealers “throwing in” a several k value package, that’s generally a good sign that there’s a lot of room to move on the discount. You’re not getting anything for free, so you’re just paying more for the car.
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Hi @Erica_Padilla. Your avatar is a unicorn with rainbow hair, right? Well here we educate people so they get unicorn deals! Yours is not a unicorn deal but hopefully for the next one, you will do better.
Come on, who wants to see pix of a sonata?
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This would have been cheaper had you waited a year; there’s a premium attached to buying an all-new model.
That said, the new Sonata is really nice. Hyundai/Genesis products have some of the best lane centering and adaptive cruise control, second only to Tesla Autopilot IMO. Handily beats Mercedes Distronic or BMW Driver Assistance Plus, which you won’t find on a comparably priced C-Class or 3-Series anyway.
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The system in my Palisade never ceases to impress compared to every other system I’ve driven.
You can even adjust the responsiveness of the ACC… why doesn’t everyone do that?
Plus the infotainment and interior in general is diabolical compared to Hyundai’s amazingly simple and attractive system.
Oh I quite like the whole ‘Catfish with a potato shoved up the tail pipe surprised look’ it has going on!
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The dealer discount was really what needed to move here. 8% for a Hyundai loaner (even on a current model year) just isn’t a compelling figure for most people. When you search through the forum, you’ll see that most of the deals/offers posted here have been inked with higher discounts. Based on some of the Sonata deals I’ve seen lately, $350-$400 seems to be the going rate with $0 DAS for cars with similar MSRP.
Typically, Hyundai has had acceptable MF/RV, which has made it fairly easy to get strong deals when coupled with a strong dealer discount and a handful of rebates.
Do the DRL’s really go that far up the hood, or is it an optical illusion?
I agree with your points. The 3 series or C class usually lease well and we like to point people to those models. However, if OP wanted a mid-sized car and valued the tech in it - I’m talking digital dash, digital key, cooled seats, HUD, parking sensor not the remote park feature, - you aren’t gonna match this with a luxury lease unless you get a giant unicorn. How many loaded five series loaners are there with most of these features? I would probably take a somewhat less equipped BMW over the Sonata but that’s personal preference. I don’t think OP could have gotten a 5 Series with the same equipment as the Sonata for within 100 bucks of the price.
The DRL’s go about mid hood from there it reflects off. When looking straight on looks like going on the way up. Also panoramic sunroof comes on the SEL Plus Tech Package or Limited. Pretty cool features for the MSRP.
My msrp on my Honda was approximately $36k and I’m at $295 a month
But I have to park my own car.
Which I’ll gladly do for about a $5400 savings
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I’m not sure if you signed on this but this is a very bad deal for a demo. Like others have said, this is BMW money. Or plenty of other demo/loaner cars you could have went for instead of this. If you did sign and your happy with the numbers, that’s really all that matters. Just enjoy it.
After getting quotes (like pulling teeth) from 6 dealers in the philly area,i leased an sel plus with tech (31,700 list) for first month up front at 360.00 a month. The next closest offer was 410.00. Yes ,it’s new and won’t lease great but the tech is amazing along with the comfort. Im happy with it and wouldn’t consider paying more for a 3 series or c class with far less features.
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