Hyundai Supplier Lease Program Overview:


Hyundai of Gadsden is pleased to announce a special lease program for Hyundai parts suppliers and their immediate family. Our program offers you the choice of a Pre-Owned 2015 Hyundai Sonata Limited Package 1 or a 2015 Hyundai Sonata Limited w/ Technology Package for only $259 per month to qualified applicants*. (Security deposit may apply. Payment based on availability. Payment will vary from $259 to $299 depending on credit score) There are no additional cost associated with the lease. Just add a small state / county use tax to your payment. This use tax is based on where you live and typically ranges from $4.00 to $5.00 per month. Note: Use tax estimates are for those living in the State of Alabama. Use tax rates vary from state to state.


When you are approved for the program you will be alerted via email. This email will contain a link to our website where you can update your personal information and select your vehicle. Also at this time a Hyundai Supplier Lease Representative from our dealership will reach out to you to confirm your vehicle order and will inform you if a security retainer is required. If a security retainer is required the amount will be equal to your first month's payment plus $25. The retainer will range from $259 to $299 based on where you reside and vehicle selected. Your first month's payment is due at signing. The security retainer and first month's payment will be applied to the lease. Please reference ADOR for lease tax rates. There is a purchase option at lease end. If you are interested in purchasing the vehicle after your lease expires please reach out to us and will be more than happy to assist you.There are no gimmicks in the Hyundai Supplier Lease Program. Your payment will never change nor will we every ask for any additional funds that are not clearly stated in the text above.


Rules and Regulations:

1.) Customer Eligibility:


  • Customers must be a current employee of said parts supplier or an immediate family member of the employee with proof of employment.


  • An immediate family member is defined as follows:

1. Parents/In-laws

2. Spouses/Domestic Partners

3. Children/In-laws

4. Siblings/In-laws

5. Grandparents/In-laws


  • Employee must verify relationship to buyer and confirm eligible family conditions above. Any fraudulent sales outside of the immediate family will be subject to disciplinary actions up to and including termination from the program.


  • Customer must lease an eligible Hyundai vehicle from a participating Hyundai dealership.


  • Customer must provide proof of employment to the participating dealer in order to receive special lease offer.


  • Customer name on proof of employment must match the name listed on the lease agreement.  



2.) Insurance:


  • You must carry full coverage insurance with no more than a $500.00 deductible on comprehensive and collision with minimum liability on comprehensive and collision with minimum liability of $100,000 / $300,000 / $50,000


  • The lender must be named as additional insured as they will be the leasing company and primary owner of the vehicle (Lessor) and you will be the (lessee).


3.) Mileage Limits:


  • 12,000 miles per year will be allowed for the duration of the lease period with no penalties. There will be a 25 cents per mile penalty for mileage over 12,000. Essentially $250.00 per 1,000 miles over allotted miles in the lease agreement.


4.) Scheduled Maintenance:


  • During the lease period you will be responsible for all manufacturer scheduled maintenance. It will be your responsibility to keep the vehicle in good working condition and address any warranty items or possible recalls. Proof of this maintenance is highly recommended and may be required at the end of the lease.


5.) Wear and Tear:


  • It will be your responsibility to maintain the vehicles appearance in " Like New" condition and repair any "wear or tear" items.Those items include but are not limited to dents, dings, scratches, chips, mismatched paint on the body; cracked or broken glass; broken headlight, taillight lenses or sealed beams; seats, seat belts, headlining, dashboards, door panels or carpeting which is torn or damaged beyond ordinary wear and tear or is burned; electronic malfunctions including power accessories; inoperative mechanical parts; damage from flood, water, hail or sand; damage which makes the vehicle either unsafe or unlawful to operate.


  • Excess wear and tear also includes, but is not limited to, the amount it would cost to replace: any original equipment or accessories which were removed or altered; any tire not part of a matching set of 5 tires( or four with emergency "doughnut" spare if initially so equipped) ; any missing accessories, including owners manuals, keys, jack or inflation system, spare tire, stereo and GPS components; any parts which are not original manufacturer equipment or of equal quality and design. Abuse or excessive "wear and tear" could eliminate you from the program. Please be kind to the vehicle.


6.) Logistics:


  • Hyundai of Gadsden will deliver your vehicle to you in the city in which your plant is located. along with all of your paperwork. We will communicate with you and schedule a time and place to do so. You will be given notification of a drop off location from the lender when your lease is nearing expiration.

Hours

  • Monday 8:00AM - 6:00PM
  • Tuesday 8:00AM - 6:00PM
  • Wednesday 8:00AM - 6:00PM
  • Thursday 8:00AM - 6:00PM
  • Friday 8:00AM - 6:00PM
  • Saturday 8:00AM - 6:00PM
  • Sunday Closed