Is the Hyundai Santa Fe lease a good deal?

Advertised at $309/mo, the Hyundai Santa Fe truly costs about $412/mo once the $3,999 due at signing is spread across the 36-month term. We grade it B.

What is the real monthly cost of the Hyundai Santa Fe lease?

About $412 per month, versus the $309 advertised payment.

Hyundai Santa Fe Lease Deals: $309/mo, True Cost $412/mo (November 2026)

Name: Hyundai Santa Fe lease
Brand: Hyundai
Price: 309 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$309/mo

Due at signing$3,999

Term36 months

True cost$412/mo

GradeB

Offer endsNovember 30, 2026

vs rivals: Chevrolet Blazer $562/mo · Subaru Outback $410/mo · Hyundai Palisade $489/mo

All 33 midsize and large SUVs with a lease, ranked →

Deal grade

Advertised

$309/mo

True cost

$412/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 1.17%. How we grade

How $309 becomes $412

The ad says $309 a month, and it also asks for $3,999 at signing.
$309 of that is your first payment. The other $3,690 is extra money that you pay up front.
Spread across the 36 months of the lease, $3,690 is $103 a month.

$309advertised payment

$103up-front money, each month

$412true cost a month

$3,999

Due at signing

36 mo

Term

$14,814

Total cost

1.17%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 SE FWD MSRP $35,050	$309	$3,999	36 mo	$412	B
2027 SE FWD MSRP $35,300	$319	$3,999	36 mo	$421	B
2026 SEL FWD MSRP $37,590	$349	$3,999	36 mo	$450	B
2027 SEL FWD MSRP $37,840	$359	$3,999	36 mo	$460	B
2026 Hybrid SE FWD MSRP $36,400	$369	$3,999	36 mo	$470	C+
2027 Hybrid SE FWD MSRP $36,650	$379	$3,999	36 mo	$480	C
2026 Hybrid SEL FWD MSRP $38,690	$409	$3,999	36 mo	$509	C
2027 Hybrid SEL FWD MSRP $38,940	$419	$3,999	36 mo	$518	C

The math for the 2026 SE

Due at signing, with payment 1 in it: $3,999
35 more payments of $309: $10,815
Total for 36 months: $14,814
True cost each month: $412
Cost for each mile, with 30,000 miles allowed: $0.49
Lease cash already in the payment: $5,250

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$329/mo

True cost

$329/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 0.89%. How we grade

How $329 becomes $329

Nothing more than a payment is due at signing, so this lease costs what the ad says.

Due at signing

36 mo

Term

$11,844

Total cost

0.89%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2027 SE AWD MSRP $37,100	$329	$0	36 mo	$329	A+
2026 XRT AWD MSRP $42,040	$395	$0	36 mo	$395	A
2026 SE FWD MSRP $35,050	$309	$3,999	36 mo	$412	B
2027 SEL FWD MSRP $37,840	$359	$3,999	36 mo	$460	B
2026 Hybrid SE FWD MSRP $36,400	$369	$3,999	36 mo	$470	C+
2027 Hybrid SE FWD MSRP $36,650	$379	$3,999	36 mo	$480	C
2026 Hybrid SEL FWD MSRP $38,690	$409	$3,999	36 mo	$509	C
2027 Hybrid SEL FWD MSRP $38,940	$419	$3,999	36 mo	$518	C

The math for the 2027 SE

Due at signing: $0
36 payments of $329: $11,844
Total for 36 months: $11,844
True cost each month: $329

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$219/mo

True cost

$219/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 0.59%. How we grade

How $219 becomes $219

Nothing more than a payment is due at signing, so this lease costs what the ad says.

Due at signing

24 mo

Term

$5,256

Total cost

0.59%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 SE AWD MSRP $36,850	$219	$0	24 mo	$219	A+
2027 SE FWD MSRP $35,300	$319	$3,999	36 mo	$421	B
2026 SEL FWD MSRP $37,590	$349	$3,999	36 mo	$450	B
2027 SEL FWD MSRP $37,840	$359	$3,999	36 mo	$460	B
2026 Hybrid SE FWD MSRP $36,400	$369	$3,999	36 mo	$470	C+
2027 Hybrid SE FWD MSRP $36,650	$379	$3,999	36 mo	$480	C
2026 Hybrid SEL FWD MSRP $38,690	$409	$3,999	36 mo	$509	C
2027 Hybrid SEL FWD MSRP $38,940	$419	$3,999	36 mo	$518	C

The math for the 2026 SE

Due at signing: $0
24 payments of $219: $5,256
Total for 24 months: $5,256
True cost each month: $219

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$199/mo

True cost

$199/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 0.57%. How we grade

How $199 becomes $199

Nothing more than a payment is due at signing, so this lease costs what the ad says.

Due at signing

24 mo

Term

$4,776

Total cost

0.57%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 SE FWD MSRP $35,050	$199	$0	24 mo	$199	A+
2026 SEL FWD MSRP $37,590	$229	$0	24 mo	$229	A+
2027 SE FWD MSRP $35,300	$319	$3,999	36 mo	$421	B
2027 SEL FWD MSRP $37,840	$359	$3,999	36 mo	$460	B
2026 Hybrid SE FWD MSRP $36,400	$369	$3,999	36 mo	$470	C+
2027 Hybrid SE FWD MSRP $36,650	$379	$3,999	36 mo	$480	C
2026 Hybrid SEL FWD MSRP $38,690	$409	$3,999	36 mo	$509	C
2027 Hybrid SEL FWD MSRP $38,940	$419	$3,999	36 mo	$518	C

The math for the 2026 SE

Due at signing: $0
24 payments of $199: $4,776
Total for 24 months: $4,776
True cost each month: $199

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$269/mo

True cost

$269/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 0.77%. How we grade

How $269 becomes $269

Nothing more than a payment is due at signing, so this lease costs what the ad says.

Due at signing

24 mo

Term

$6,456

Total cost

0.77%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 SE FWD MSRP $35,050	$269	$0	24 mo	$269	A+
2026 SEL FWD MSRP $37,590	$299	$0	24 mo	$299	A+
2027 SE FWD MSRP $35,300	$319	$3,999	36 mo	$421	B
2027 SEL FWD MSRP $37,840	$359	$3,999	36 mo	$460	B
2026 Hybrid SE FWD MSRP $36,400	$369	$3,999	36 mo	$470	C+
2027 Hybrid SE FWD MSRP $36,650	$379	$3,999	36 mo	$480	C
2026 Hybrid SEL FWD MSRP $38,690	$409	$3,999	36 mo	$509	C
2027 Hybrid SEL FWD MSRP $38,940	$419	$3,999	36 mo	$518	C

The math for the 2026 SE

Due at signing: $0
24 payments of $269: $6,456
Total for 24 months: $6,456
True cost each month: $269

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

How the Hyundai Santa Fe lease changed

Since October 12, 2026, the true cost stayed at $412 a month.

October 12, 2026: $309/mo, $3,999 due, 36 mo: $412
October 17, 2026: $309/mo, $3,999 due, 36 mo: $412
October 31, 2026: $309/mo, $3,999 due, 36 mo: $412
November 5, 2026: $309/mo, $3,999 due, 36 mo: $412
November 11, 2026: $309/mo, $3,999 due, 36 mo: $412

Each line is the best offer where most regions share it, on the day that we collected the offers.

How it ranks among midsize and large SUVs

The Hyundai Santa Fe has the 2nd lowest true cost of 33 midsize and large SUVs with an advertised lease this month. The lowest is the Subaru Outback at $410 a month.

The middle true cost in the class is $566 a month, and the Hyundai Santa Fe costs $154 less. Each month it costs 1.17% of its MSRP, and the middle of the class is 1.26%.

The best Santa Fe lease in each regionLos Angeles and 18 more regions$309/mo, $3,999 due$412B
Seattle and 3 more regions$329/mo, $0 due$329A+
New York and 2 more regions$219/mo, $0 due$219A+
Miami and 2 more regions$199/mo, $0 due$199A+
Atlanta$269/mo, $0 due$269A+