Hyundai Veloster Lease
The average cost of a Hyundai Veloster lease can range from $525 to $571 per month.
Written by Tiffany Leung
Reviewed by Jessica Barrett
A Hyundai Veloster lease costs between $525 and $571 a month. The actual cost is determined by the trim level you choose, the negotiated price, the down payment amount, and your credit score.
If you’re looking for a small car that is the perfect balance between a performance car and a daily driver, the Hyundai Veloster has found that sweet spot. If you love the Veloster’s zippy handling and unique design but don’t want to commit to a
car loan
, leasing the car is an option to consider! While leasing a car does come with more restrictions, such as mileage limits, you can lower your monthly payments and drive the car in its prime before returning it.
To help you decide on getting a Hyundai Veloster lease,
Jerry
, the car insurance
comparison app has gathered the important information for you. Find out how a lease works, the average payment amount for a Veloster lease, what to expect when your lease term ends, and even how to find low Hyundai Veloster car insurance costs
.How to lease a Hyundai Veloster
Getting a Hyundai Veloster lease might seem daunting but is actually very simple. Follow the checklist below to help you get the best lease deal possible.
- Check your credit score. With agood credit score, one above 650, you are likely to get a good lease deal. A score below 630 is considered poor and you may not qualify for a lease if your score is under 520—this will depend on the dealership and loaner.
- Calculate your leasing budget. A monthly payment that’s 15% of your income or less would be ideal so you don’t strain your finances—10% would be the best. If you make $4,000 a month, a lease payment of $600 would be affordable, and anything close to $450 would be even better.
- Estimate your down payment amount. Your down payment (or capitalized cost reduction) helps reduce your monthly costs. For the best deal, it is worth saving up agood down paymenteven if it means waiting a few months.
- Calculate your annual mileage. A Hyundai Veloster lease can have an annual mileage limit of 7,500 to 25,000 miles. Make sure to account for your commutes and any long road trips in the future to calculate how much mileage you will need. This is important since exceeding the limit can result in overage fees.
With your finances in order, you can visit your local Hyundai dealership to
compare lease offers
. By setting your budget before you visit, you’ll be able to confidently negotiate the best deal before you sign the lease. The final step: shop for insurance
Whether you finance or lease a Veloster, you need car insurance to legally drive it!
Jerry
can simplify this process by handling everything in the app— just enter your information, and you can pick a customized quote from over 50 top-tier insurance companies. RECOMMENDED
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How much does a Hyundai Veloster lease cost?
The average cost to lease a Hyundai Veloster ranges from about $525 to $571 a month.
However, the actual payment amount will depend on what trim level and options you choose at the dealership, the amount of down payment, the length of your lease term, and your credit score. The price will also be different based on your location and the offers available at the time of year.
The
trim level option
is one of the main factors that affect how much it will be to lease a Veloster. However, since the Veloster only has one trim, you won’t have to worry about making a choice.
Below is the monthly payment and the amount due at signing of the 2022 Veloster, assuming you’ve got a great credit score (680-699) and a downpayment of $1,500 on a 36-month lease with a 12,000 annual mileage limit.
Trim level | Monthly payment | Amount due at signing |
|---|---|---|
Veloster N | $540 | $2,040 |
Another major factor that will determine your monthly payment amount for a 2022 Veloster lease is your credit score. Below is a comparison of how the base Veloster cost could change based on your score. Again, we’ll assume a $1,500 down payment, 36-month lease, and 12,000 annual mileage.
Credit score | Monthly payment | Amount due at signing |
|---|---|---|
520 to 579 | $ - | $ - |
580 to 609 | $ - | $ - |
610 to 649 | $571 | $2,071 |
650 to 689 | $562 | $2,089 |
690 to 719 | $551 | $2,051 |
720 + | $529 | $2,029 |
Select U.S. Military individuals or first responders may also be eligible for a $500 discount. Recent college graduates might be eligible for a $400 discount.
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* checking your rate won’t affect your credit score
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* checking your rate won’t affect your credit score
Services included in a Hyundai Veloster lease
A leased Hyundai Veloster will come with Hyundai Complimentary Maintenance which covers maintenance intervals over three years or 36,000, whichever comes first.
Hyundai Complimentary Maintenance includes:
- Engine oil and oil filter changes
- Tire rotations
- Multi-point inspection
- Hyundai Genuine Oil Filters & Hyundai Recommended Oil
Please note that each service must be obtained within 1,000 miles or one month of the designated time listed in the Owner’s Manual. However, if you miss a service redemption before the expiration of the stated mileage or term, it will not void future services.
If you require more frequent maintenance due to severe driving or conditions, you can get the extended Hyundai Protection Plan, which covers severe usage intervals and/or extended terms.
What to do when your Hyundai Veloster lease is up
When you reach the final six months of your Hyundai lease, you’ll have three options. You can:
- Return the car and lease a new Hyundai (it can be the same model or a different model)
- Contact a Lease-End Advisor and buy your leased vehicle
- Schedule a turn-in appointment and return your vehicle
How to return a leased Hyundai Veloster
There are a few things you will need to do before returning your Hyundai Veloster. Hyundai has an
end-of-lease checklist
to help you keep track of the steps you need to follow. The first order of business is to check for any excess wear and tear on the car. If an area exceeds the acceptable limit for the type of damage, you can use the
Online Self-Assessment tool
to estimate the charges you may incur. However, you can make the necessary repairs to avoid these charges.Before returning your Veloster, make a turn-in appointment with an authorized Hyundai dealership, clean the car inside and outside, remove any remotes or toll tags, and ensure the original equipment is present:
- Keys and keyless remotes
- Owner’s manual
- Headrests
- Cargo covers and nets (if applicable)
- License plates (check with the DMV to determine plate return requirements)
You will also need to fill out and sign an
odometer disclosure statement
and fax it to (972) 590-3968. After you return your vehicle, there may be applicable charges included on your end-of-term invoice, such as excess wear and use, excess mileage, disposition fee, any unpaid payments, etc.
How to purchase a leased Hyundai Veloster
It can be hard not to fall in love with the zippy Hyundai Veloster, which is why there is an option to buy out your lease. It should be noted that your leased Veloster retains its value at around 60% of its original value at the end of your 36-month lease.
If you want to keep driving your Veloster after your 36-months together, you can visit your Hyundai deals, call a Lease-End Advisor at 855-463-5378, or log in to your HMF account to get a buyout quote. You can also shop with
Jerry
to find the best loan offers! How to find the best car insurance for a Hyundai Veloster lease
Finding the best insurance for your leased Hyundai Veloster doesn’t necessarily mean long forms and phone calls. You can leave the hard work of gathering quotes to
Jerry
, the trustworthy insurance comparison app,
instead. Jerry can collect customized quotes from over 50 top insurance companies, like
Travelers
, Nationwide
, and Progressive
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“When we added a new car to our family, we were shocked at how high our current insurer was going to hike our rates. We usedJerryfor some comparison shopping and are now saving around $1000 a year. Thank you, Jerry!” —Darius P.
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