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Hyundai Genesis Lease Questions

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  • emc17emc17 Posts: 26
    Hi car man: My current lease will end in 2 months. I am very interested in the Genesis coupe V6, automatic fully loaded. (navigation, leather, etc) How much my lease payments should be looking at the current year end incentives and a good credit score. Thank you.!!! :)
  • Hi emc17. If you provide me with the full MSRP and approximate selling price (or at least the dealer invoice price) of the exact Genesis that you are interested in I would be happy to use Hyundai's current lease program to work up a sample payment for you.

    Car_man
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  • Car Man - I need your help. I am interested in buying or leasing a 20011 Genesis with premium, 3.8. I am less interested in technology unless you tell me that it can be had very reasonabley. I drive a car 6-10 years, so I am torn between buying and leasing since the lease deals seem very good right now. I live in Cincinnati and would be willing to travel to get the best deal. Thoughts on price and buy vs. lease?
  • I need everyone's help. I am interested in buying or leasing a 2011 Genesis with premium, 3.8. I am less interested in technology unless you tell me that it can be had very reasonabley. I drive a car 6-10 years, so I am torn between buying and leasing since the lease deals seem very good right now. I live in Cincinnati and would be willing to travel to get the best deal. Thoughts on price and buy vs. lease?
  • My brother is a salesman at Paramount Ford Hyundai here in Valdese, NC $299 a mo for 36 mo with $995 +fees and taxes down. Best deal I could find anywhere. Not sure this one is still active but you can ask for Bryan P at the dealership or if you could pass your #along, I will give to him.
  • stimstim Posts: 34
    Neighbor just got a pretty decent deal on a 2K mile dealer demo. V8 Black on Black perfect condition. He traded a 2000 CLK320 convt with nearly 90K and the car needed work and wasn't in great condition - he needed over 1K in repairs. Got 7K on the trade 2K used for down payment. Got a check for 5K. His total lease payment was 389.75 for a three year 12K a year lease INCLUDING sales tax.

    From my calcs he did pretty well on the cap cost and the dealer used the standard V6 lease rates. Not a bad deal in my opinion. I am looking as well - love the car hope the same or another dealer in the area can match it.
  • Hi michaellake. The lease program on the Genesis is OK, but not great enough to convince me to lease one when I ordinarily would have purchased instead. You can finance one through Hyundai using a conventional loan right now at right around the same interest rate that it is charging on leases.

    Car_man
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  • steevosteevo Posts: 339
    Car_man do you have the december MF and residual for 36 month lease of Genesis 4.6 model with 15000 per..
    Thanks!
  • Any help that can be provided would be appreciated on lease specs for a Hyundai 3.8 Genesis

    Specs-36 mo lease, 10k miles per year. Automatic with premium navigation package
  • Carman - Can you provide the money factor and residual for 36 months and 12k miles on the 2.0T Premium Auto lease for the Genesis Coupe? Also, do you know what vehicles you need to drive to qualify for Hyundai competitor owner incentive? And does a Kia count for the Hyundai owner loyalty offer? Thanks!
  • This forum is eerily reminiscent of the Hyundai dealerships I visited 5 days ago. Couldn't find a car to drive and no one responds. Weird way to try and move up the brand into a higher echelon of consumer.

    Which is a shame because the Genesis I did drive was terrific except it had more equipment than I wanted and they cheaped out on the passenger seat so it sat way too low.

    I still haven't made a final decision, so if any Hyundai west coast florida dealers read this, send me a message. Your internet managers don't return emails.
  • Hi- I recently leased a fully loaded 2011 3.8 from a dealer in Weston, Fl. Don't waste your time trying to figure MF and residuals on this car- b/c you can do way better with final numbers if you just press the dealer. I walked away with this deal:

    2011 3.8 w/Prem and Tech Pkgs (fully loaded)
    12000 mi/36 mths
    $750 Down Includes 1st month payment
    $400/mth + tax

    The car listed at $41,800 - try to plug in MF and Resid and get to that figure- you can't. The dealer can make it happen if he wants - and they
    are looking to move these cars and take customers away from BMW and Lexus, etc. I was paying $800/mth for a 535i- I like this car better hands down- at half the cost. Go steal a Genesis while you can!
  • binbotbinbot Posts: 6
    Are January MF and Resid available for a 2010/2011 manual base Genesis Coupe with 15k/year for 36 months?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited January 2011
    Hi steevo. Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan 4.6 with 15.000 miles per year are .00075 and 52%, respectively.

    Car_man
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  • Hello sotampacane. Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan 3.8 with 10,000 miles per year are .00061 and 55%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I sure can, friedmike. Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Coupe 2.0T Premium Auto with 12,000 miles per year are .00167 and 59%, respectively.

    I doubt that Kias count towards Hyundai's owner loyalty program. I'm not sure exactly which models qualify for the competitive owner program.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for, binbot.

    Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a base 2011 Genesis Coupe with 15,000 miles per year are .00167 and 58%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man - Can you tell me the January buy rate for a 2011 Genesis Coupe GT Auto for 15,000 miles for 36 months? Thanks!
  • I'd be happy to audiobuff.

    Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Coupe GT with 15,000 miles per year are .00167 and 58%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • ghetto2315ghetto2315 Posts: 40
    edited January 2011
    Please post MF and Residual for 2011 Gen Coupe 3.8 Track - Manual Tranny - 15,000 Miles per Year assuming program is for 36-months. Also, any and all lease cash or incentives. Thank you!
  • Carman, What are the lease details and any incentives for a 36 month, 18k mi per year lease: 2011 Genesis 3.8 (fully loaded)? I live in so california (91701). Thanks so much!
  • Here you go. Hyundai Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Coupe 3.8 Track MT with 15,000 miles per year are .00185 and 56%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi manniodl. Please see my previous post for an example of what this car's current lease program is like.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • timc7timc7 Posts: 1
    I'm looking for a 3-Year/20K Mile Per Lease on a 2011 Genesis 3.8 with Tech Package (or a 4.6)

    My local dealer (California Zip 94303) is telling me Hyundai only does 15K leases and has come up with some insane numbers for some other local (maybe he meant "loco") Bank.
    3Year/20K Per - 3.5K Down - $550+Tax per month

    What's the real story on this, Hyundai doesn't do 20K Leases?

    I need some ammo to go after this car, I'm ready to lease it today.
  • It’s funny you should post this question, as we just went through this same problem at a dealer in San Jose 10 days ago. It is true the Hyundai leases only extend to 15K miles. You can roll into the lease, or pay up front the additional mileage at 15 cents a mile which would be $2250 (15 cents X 5000 miles X 3 years). Don’t let them try and tell you its 20 cents a miles, it’s not; only if you pay for the mileage at the end of the lease. Google a car lease calculator, if you haven’t done so already. When you look at the screen in the dealer’s finance office the money factor and residual value (which Car Man can provide) should be the same as for the 15k mile lease. If I get a vote, go for the 4.6. We have 2, a 2009 that just came off lease, and a 2010. We just replaced the 2009 with a little red 3.8 Genesis Coupe; great fun!! The dealer tried to tell us he had never written up a 20k lease before (ya, and cows can fly) Sorry to be so long. Hope this helps and good luck!!
    Jeff
  • martemarte Posts: 1
    marco27...I would like to lease a Genesis for under $500 per month and can't seem to do it. I gotta know what did your payment end up being with the tax added in?
  • I just leased a Genesis v6, automatic with premium and navigation in NJ from Lester Glenn in Toms River. I put down $1900 total out of pocket and was under $400 a month. Does that help you?
  • Hi jack,

    Can you please post more details with your lease? I'm also in NJ and want to try to replicate your lease.

    Thanks
  • Hi. My car was 38400 and the price was brought down to 31,???. I did all of the paperwork over the phone. - (I never walked into any showroom other then to drive the cars I was considering. All of my car negotiations for the past 7 yrs for my family I have done this way and have found this way to be far less aggravating and more beneficial for me.) This is for 12000 miles a year and a 36 month lease (they don't do 39 months). The only thing that I did not like or know about was that there is a $400 fee when the lease is returned at the end of it if I do not purchase the car which I have never done - I would suggest to you that you (when all is said and done) try to negotiate that $400 off - I would have if I had known and tried to have gotten it off of the selling price (they said Hyundai has that on all of there leases).

    Originally I had a price of 1500 down with a price of 394 per month (out the door price) with Lester Glenn. It was a little better then what I had gotten from other dealerships. (I had actually negotiated a better price for a 2011 Infiniti g37x of $339 a month plus $1900 down out the door price, but preferred the Genesis.)

    I was lucky. It was the last day of the month and since I wanted the Genesis over the Infiniti I decided to call the sales manager, Ed Matthews, who I had spoken with before. I told him the price I had received for the Infiniti and that I preferred the Genesis and would he meet it. He asked if I would take the car that day (January 31st). I said yes and that was that! (I guess there is some truth to waiting until the end of the month!)

    I cannot say enough about the sales manager, Ed Matthews, from Lester Glenn Hyundai in Toms River and the young lady Lauren Afflitto who I originally worked with. When we went to go and get the car all of the paperwork was done. AFTER all was completed, Ed told me that he had realized that he had made a mistake after he had agreed; but that it had been his mistake and that he felt compelled to honor it. (Totally opposite of how some of these dealerships work!) The dealership also will give me free oil changes and wheel rotations.

    I don't know where in NJ you are, but you might do well to check them out. They were amazingly professional and incredibly nice. (After I checked out the car which looked very good, Lauren (original sales associate) was called outside by Ed. When she came back she told me that Ed was not satisfied with the job that had been done to clean the car and that he had her call the prep people to do a better job. I am a fussy person and expect a car to be perfect. He wanted it to be better then perfect!)

    I hoped I answered all of what you wanted to know. Best of luck - I LOVE the car! (If you do speak with them tell them that Leslie sent you!)
  • Thank you for the detailed info!
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