Latest Industry News
July 7, 2022
Posted by Chloe Taylor

Average Hyundai MSRP Sky Rockets Increasing Lease Costs

The increase in input cost has left several automakers with no option but to increase the price of their cars. As if that’s not enough, many dealers now transact new vehicles above the sticker prices. The average price of a new vehicle in the US hit a high of $40,000 last summer. This summer, this figure has slightly increased by about $7,000.

If a new car is in your budget this summer, Hyundai has many exciting lease deals for you. Even in the midst of an increasing average price of new cars and subsequent rise in lease prices, leasing a Hyundai still provides the most rewarding alternative for you to get behind the latest wheels. What’s more, you need not be bothered about stretching your budget unnecessarily.

Hyundai New Cars MSRP & Lease Prices

Hyundai Accent

The most affordable Hyundai car can be yours for less than $400 per month for 36 months. This nicely equipped subcompact car once had a starting MSRP of $14,995 in 2019, $15,295 in 2020, $15,395 in 2021 and finally jumped to $17,740 this year.

Hyundai Elantra

You can now lease the sleek and stylish Hyundai Elantra for about $400 per month for 36 months. The Elantra’s 2022 starting MSRP of $21,295 is far high compared to the 2019’s $17,200, 2020’s $19,300, and 2021’s $19,650.

Hyundai Sonata

If you want a more comfortable yet attractive option to the Elantra, get the Sonata lease deal for about $429 per month for 36 months. Sonata’s 2022 starting MSRP of $25,245 has grown significantly from 2019’s $22,650 to $23,600 in 2020 and 2021.

Hyundai Kona

Need a small and stylish crossover with excellent cabin materials, a swath of desirable features, and affordable pricing? Lease the new Kona for about $409 per month for 36 months. This subcompact SUV’s current starting MSRP of $22,595 against $19,990, $20,300, and $20,400 of 2019, 2020, 2021-year models is a clear indication of the current inflation in the auto market.

Hyundai Tucson

You can walk away with a Tucson lease with as little as $499 per month for 36 months. This Hyundai’s near-luxury compact SUV now boasts a sticker price of $26,245, against the previous years’ $23,350(2019), $23,550(2020), and $23,700 in 2021.

Hyundai Santa Fe

If you want a practical, stylish, and comfortable two-row SUV for your family, lease the Santa Fe for about $539 per month for 36 months. This two-row SUV’s current sticker price is $28,495, significantly higher than 2019’s $25,750, 2020’s $26,275, and $27,000 in 2021, thanks to supply challenges in the auto market.

Hyundai Palisade

Leasing the Palisade for about $709 per month for 36 months will offer you the best comfort, practicality, and style you can get in any Hyundai car. Its starting MSRP has significantly increased from the 2020’s $31,975 to $32,525 in 2021 and is now at $34,895.

No matter your choice of Hyundai car, VIP Auto Lease is here to give you an unbeatable lease price and excellent lease process. Contact us today at 1204 Hylan Blvd, Staten Island, NY 10305

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