Hyundai Elantra Lease Deals
The Elantra lease undercuts the Civic and Corolla on payment thanks to Hyundai's aggressive incentive cash.
Updated 2026-06-16 · Reviewed monthly
Est. monthly
$199
36 mo · 12k mi/yr
Due at signing
$1,999
Starting MSRP
$22,125
Residual / MF
55% / 3.12%
Why the Hyundai Elantra leases the way it does
The monthly payment on a lease is driven by three things: the negotiated capitalized cost, the residual value at lease end, and the money factor (interest rate). On the Elantra, a typical 36-month deal amortizes about $9,956 of depreciation across 36 payments, plus a finance charge based on a money factor of roughly 0.00130 (~3.12% APR equivalent).
Lease highlights
- SEL is the lease leader
- Hybrid trim available
Estimated monthly payment math
- Capitalized cost: ~$22,125 (MSRP, before negotiation)
- Residual (55%): $12,169
- Depreciation over term: $9,956
- Money factor: 0.00130 (~3.12% APR)
- Term: 36 months · 12,000 miles/year
Use our lease calculator to model your specific scenario, and check the payment math guide for a full walkthrough.