Work out what a Hyundai really costs to lease with this Hyundai lease calculator. It covers the Elantra, Tucson, Santa Fe, Palisade, Ioniq 5 and the rest of the lineup, and shows the monthly payment, amount due at signing and total cost.
Hyundai leases are often advertised with low monthly payments, especially on its electric Ioniq models. The calculator helps you see what is behind those numbers, and what changes when you adjust the price, down payment or mileage.
Hyundai Lease Calculator
Enter the numbers from your Hyundai dealer’s lease worksheet, or keep the example values to see how a typical lease works, then press Calculate Lease.
Estimates only. The starting values are an example, not a Hyundai offer. Your dealer’s lease worksheet and your lease agreement list the actual MSRP, selling price, residual value, money factor and fees. Changing the term or mileage moves the residual by an estimated amount.
Three Numbers That Decide a Hyundai Lease
- Selling price. What you negotiate for the car. Hyundai dealers often discount below MSRP, and lease cash comes off this number.
- Residual value. The percentage of MSRP the lender expects the car to be worth at the end. It is set by the lender each month.
- Money factor. The finance charge. Multiply it by 2,400 to compare it with an APR.
Everything else, from tax to the acquisition fee, sits on top of these three.
Worked Example: Hyundai Tucson
A Tucson-sized SUV with a $34,000 MSRP, negotiated to $31,500, $1,500 down, a 56% residual and a 0.00220 money factor (5.28% APR), leased for 36 months and 10,000 miles a year with 7% tax per payment. This is an example only, not a Hyundai offer.
| Step | Math | Result |
|---|---|---|
| Adjusted cap cost | $31,500 − $1,500 | $30,000.00 |
| Residual value | $34,000 × 56% | $19,040.00 |
| Monthly depreciation | ($30,000 − $19,040) ÷ 36 | $304.44 |
| Monthly rent charge | ($30,000 + $19,040) × 0.00220 | $107.89 |
| Base payment | $304.44 + $107.89 | $412.33 |
| Payment with 7% tax | $412.33 × 1.07 | $441.20 |
How to Use the Hyundai Lease Calculator
- Pick your Hyundai. Choose from the Elantra, Sonata, Venue, Kona, Tucson, Santa Fe, Palisade, Santa Cruz or an Ioniq model.
- Enter MSRP from the sticker. Include destination and any packages.
- Enter the selling price. This is the price you agreed before Hyundai lease cash.
- Add the residual and money factor from your worksheet, and choose a term and mileage plan.
- Fill in money down, rebates, fees and tax. Put lease cash in the rebates field.
- Enter your expected miles and press Calculate Lease.
What Is Due at Signing on a Hyundai Lease
A Hyundai worksheet usually lists the first monthly payment, the acquisition fee, the dealer documentation fee, title and registration and any cash down. Hyundai ads often feature a payment with a fixed amount due at signing in small print. The calculator’s total cost spreads that upfront amount across the lease so you can compare offers fairly.
Leasing a Hyundai Ioniq
Hyundai’s Ioniq 5, Ioniq 6 and Ioniq 9 have been among the most heavily discounted EV leases on the market. Two things are worth knowing:
- The federal clean vehicle credit that dealers used to pass through on leases ended on September 30, 2025. Any discount now comes from Hyundai lease cash or the dealer.
- EV residuals are less predictable than those of gas models. A lease protects you if used EV prices fall, because the residual is fixed in the contract.
Enter the Ioniq’s MSRP, the selling price and any lease cash in the calculator to see the real payment.
Hyundai Motor Finance
New Hyundai leases are usually financed by Hyundai Motor Finance. It publishes the residual values and base money factors that dealers use, and it handles your account and the lease-end process. Dealers can mark up the money factor, so ask for the buy rate for your credit tier and compare it with the number on the worksheet.
Hyundai Models at a Glance
| Model | Type | Leasing note |
|---|---|---|
| Elantra, Sonata | Sedans | Low prices and frequent lease offers, including hybrid versions. |
| Venue, Kona | Small SUVs | The lowest SUV payments in the lineup. |
| Tucson, Santa Fe | Compact and midsize SUVs | The best-sellers, with gas, hybrid and plug-in options. |
| Palisade | Three-row SUV | Higher price, so compare the total cost with the Santa Fe. |
| Santa Cruz | Small pickup | Pick enough miles if you use it for work. |
| Ioniq 5, 6, 9 | Electric | Often strong lease cash. Check current offers. |
Hyundai Warranty and Leasing
Hyundai’s long warranty covers the whole of a typical lease, so you are unlikely to pay for major repairs while you have the car. That is also a reason some drivers buy instead: the warranty is one of Hyundai’s strongest selling points for long-term ownership, and part of it applies only to the original owner.
Ending a Hyundai Lease
At lease end, you can buy the car at the contract price, return it, or lease or buy another Hyundai. If you return it, you pay for any extra miles, excess wear and the disposition fee, which may be waived if you stay with Hyundai. Book a pre-inspection a month or two early so you know about any charges in advance.
Sales Tax on a Hyundai Lease
Lease tax depends on your state. Most states add tax to every monthly payment, which is the calculator’s default. Some tax all the payments at signing, and a few, like Texas, tax the full price upfront. Choose the right method, as it can change the amount due at signing by more than $1,000 even on a Tucson. Some states also tax lease cash, which raises the upfront tax slightly.
Tucson or Santa Fe?
The Tucson is Hyundai’s compact SUV and its best-seller. The Santa Fe is larger, with a boxy new design and an available third row. Both come as gas models and hybrids. The Santa Fe costs more, so its payment is usually higher, but lease offers can narrow the gap. Run both through the calculator with the same term, miles and down payment, and compare the total cost.
Leasing a Hyundai Hybrid
Hyundai sells hybrid versions of the Elantra, Sonata, Tucson and Santa Fe. Hybrids cost a little more but use less fuel, and they tend to hold their value well. Enter both versions in the calculator, then add your expected fuel savings over the lease to see which costs less overall.
Leasing the Hyundai Santa Cruz
The Santa Cruz is a small pickup built on an SUV platform, with an open bed behind a crossover-style cabin. It suits drivers who need a bed for weekend projects or gear without the size of a full pickup. Beds pick up scratches easily, so a liner can help avoid lease-end wear charges. Compare its total cost with the Ford Maverick and with Hyundai’s SUVs in the calculator.
Lease or Buy a Hyundai?
Buying makes the most sense if you want to use Hyundai’s long powertrain warranty and keep the car for many years. Leasing makes more sense if you want a new Hyundai every few years, drive a predictable number of miles and can take advantage of lease cash, which is often larger on leases than on purchases, especially for Ioniq models. Compare the calculator’s total cost with a loan minus the car’s trade-in value.
Hyundai Versus Its Rivals
The Tucson competes with the Toyota RAV4, Honda CR-V and Kia Sportage, and the Palisade with the Kia Telluride and Toyota Grand Highlander. Toyota and Honda often have higher residuals, while Hyundai tends to offer more lease cash and discounts. The fairest test is to enter each quote with identical terms and miles and compare the totals.
Picking a Mileage Plan for a Hyundai
Many Hyundai lease offers include 10,000 miles a year. If you drive 12,000, you would owe for 6,000 extra miles over three years, or about $1,500 at 25 cents a mile. Buying miles at signing usually costs less. Enter your expected miles in the calculator to compare the plans.
Insurance and GAP on a Leased Hyundai
Expect the lease to require full coverage, meaning comprehensive and collision, along with higher liability limits. Get a quote before signing. If the car is destroyed early in the lease, GAP pays the part of the payoff that insurance does not. Ask whether your Hyundai lease includes it.
Ending a Hyundai Lease Early
Ask Hyundai Motor Finance for a payoff quote, then get a trade-in offer from a dealer. If the car is worth more than the payoff, you may be able to end the lease without extra cost. Turning the car in early on its own normally costs an early termination charge.
Where the Numbers Come From
The numbers come from the formula used on lease contracts nationwide, with depreciation, a rent charge and sales tax. The preset figures are just a starting point, not a dealer quote. Use your quote’s figures to check the dealer’s math.
Frequently Asked Questions
Who finances Hyundai leases?
Most new Hyundai leases are financed by Hyundai Motor Finance, which sets the residual values and base money factors.
Why are Hyundai Ioniq leases so cheap?
Hyundai has supported its EVs with large lease incentives. The federal EV credit for leases ended on September 30, 2025, so current deals depend on Hyundai lease cash and dealer discounts.
Which Hyundai is the cheapest to lease?
The Venue, Elantra and Kona usually have the lowest payments because they have the lowest prices. Incentives can change that.
What can I negotiate on a Hyundai lease?
The selling price is the big one, followed by add-ons and any markup on the money factor. The residual percentage comes from the lender and is the same at every dealer.
Does the Hyundai warranty cover a leased car?
Yes. The new vehicle warranty covers the car during the lease. Some long-term powertrain coverage applies only to the original owner who buys the car.
What is due at signing on a Hyundai lease?
Usually the first payment, any down payment, the acquisition fee, the dealer doc fee, registration and taxes.
How is a Hyundai lease payment calculated?
Subtract the down payment, trade-in and rebates from the selling price, subtract the residual and divide by the term for depreciation. Finally, add the rent charge and the sales tax your state applies to leases.
What is a good money factor for a Hyundai lease?
The base rate Hyundai Motor Finance offers for your credit tier, or a promotional rate if one applies. Multiply it by 2,400 to compare with an APR.
Can I end a Hyundai lease early?
Yes. A buyout or a trade-in is usually cheaper than turning it in early, which can bring hefty early termination charges. Ask for a payoff quote first.
Is the Hyundai Palisade a good lease?
The Palisade is Hyundai’s three-row SUV. Its higher price means a higher payment, so compare its total cost with the Santa Fe and rivals in the calculator.