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Hyundai Genesis Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey snootch. Hyundai Finance's August buy rate lease money factor and residual value for a 2012 Genesis Coupe Grand Touring with 12,000 miles per year are .00230 and 60%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2011 model are .00098 and 54%.

    I don't think that Hyundai Finance offers leases with only 10,000 miles per year, but if it does its residuals for that allowance are likely 1% higher than its 12k residuals.

    Car_man
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  • edrpcedrpc Posts: 10
    Thank you for the quick reply. I am looking at the R-Spec sedan. I should have ben more specific. Any help you can give is greatly appreciated.
  • loefflerbloefflerb Posts: 3
    edited August 2011
    I have an offer for a 2011 4.6 lease 36 months, 12k miles, no money down out the door for $428 month not including tax. I noticed they have a $400 disposition fee that seemed high. What is the residual and money factor for the 2011 4.6, 3 yr. 12k mile ?
  • I'm looking at leasing at new 2012 Hyundai Genesis 3.8 with premium package. Can someone please tell me if they've leased this model and what is "considered" a good deal. I'm looking to put down 3K and my payment would be 385 a month. Also has anyone waived he 399 doc fee?
  • edrpcedrpc Posts: 10
    Is the $385 including taxes. Also is this 3k of your own money plus 1500 rebate. If the rebate is not included it appears you have a good price. As a general rule it is not a good idea to put money down on a lease.
  • Thanks for the infor Edrpc. I'm new to leasing so the 3K would be money out of my pocket. So what can I expect the payment to be with no money down. Can I really get a payment close to 400 a month with no out of the pocket cost? Thanks for the feedback.
  • Thanks for the info Edrpc. I'm new to leasing so the 3K would be money out of my pocket. So what can I expect the payment to be with no money down. Can I really get a payment close to 400 a month with no out of the pocket cost? Thanks for the feedback.
  • edrpcedrpc Posts: 10
    you can go to www.leaseguide.com an figure out your payment. you will need the residual and money factor. the residual on 12,000 mile lease is 61% and 60% on 15,000. i think the money factor is .00199.
  • dutton22dutton22 Posts: 6
    edited August 2011
    Thanks the for website. I just walked on a dealer he wanted to give me a .00219 money factor. Its great when you are informed before signing anything. I'm thinking about going in and really playing hardball at the end of the qtr 9/30/2011. Also asked about the doc fee and they said they could not waive that fee which I believe is totally hogwash.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi loefflerb. Hyundai Finance's August buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan V8 with 12,000 miles per year are .00037 and 49%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • edrpcedrpc Posts: 10
    any help you can give me on the MF and Residual on the R-spec sedan is appreciated.
  • edrpcedrpc Posts: 10
    Please Please any help you can give me on the MF and Residual on the R-spec sedan is appreciated.

    Also, if you have the same info on the 3.8 sedan that would be great. I have to make a decision between the 2 before the end of September.
  • Kirstie_HKirstie_H Posts: 10,851
    A reporter is looking to interview recent first-time Hyundai buyers who would consider buying another Hyundai down the road, based on their experience with the brand so far. Please email your make, model and daytime contact info to pr@edmunds.com by September 13, 2011.

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  • Hey edrpc. Hyundai Finance's August buy rate lease money factor and residual value for a 36 month lease of a 2012 Genesis Sedan R-Spec with 15,000 miles per year are .00219 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • I reviewed previous posts and don't see September numbers. could you please provide September's 2011 Genesis lease money factor and residual on 4.6L with 15,000 miles. This message board is very helpful.
  • danos3danos3 Posts: 1
    Hi Car_Man

    I am getting close to moving on a 2012 V8 Genesis Lease, could you help with some updated October MF and Residual information? thanks for your help
  • got a quote on 2012 genesis V8, 12k miles per yr, 10k down, 314 all included in OC, CA
  • why would you put $10,000 on a lease?
  • ahashmiahashmi Posts: 67
    What's the MF and RV on a 2012 Genesis 3.8 with Premium Package for 36 months 10k mi/yr?

    Thanks,
  • toyoman8toyoman8 Posts: 66
    edited October 2011
    MSRP $45,500
    Invoice $42,050 according to edmunds.com
    Online price $41,100- Good deal right???? or should I try to get it cheaper??

    Want to lease for 36mos, 10 mil a year
    Out of pocket $1500

    What would be my payments???
  • I'm glad that you find this discussion so helpful, icarlswag. Here's the information that you're looking for.

    Hyundai Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan 4.6L with 15,000 miles per year are .00033 and 47%, respectively for consumers who qualify for its top credit tiers.

    Car_man
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  • Hello danos3. Please see my previous post for the information that you're looking for. Thanks.

    Car_man
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  • Hi ahashmi. Hyundai Finance's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Genesis Sedan V6 with 10,000 miles per year are .00147 and 60%, respectively for consumers who qualify for its top credit tiers.

    Car_man
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  • Hi toyoman8. A selling price of under dealer invoice is an excellent deal on a 2012 Genesis Sedan.

    Using an MSRP of $42,050 and a selling price of $41,100, I estimate that this '12 Genesis Sedan V8 would have a zero down, pre-tax monthly payment of around $572.

    Car_man
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  • Hey all, great forum. Need the above to figure a lease for a friend. Also, are there no incentives or holdbacks that can be worked into a lease? Anyone got what they felt was a fair deal on a 2012 V8 for comparo purposes?
    Thanx,
    Joel
  • Hello,
    Thank you so much for all of your information here!
    Can you provide some updated October buy rate lease money factor and residual values?
    2012 Hyundai Genesis Coupe 2.0T Premium Auto
    36 month lease, 15k/yr

    I am leasing in TX.
    Thanks so much!
  • billw81billw81 Posts: 2
    edited October 2011
    Hello! I see on Hyundai's website that they are running a lease special through the end of the month: LEASE STARTING AT $259/MONTH FOR 36 MONTHS

    Is this a good deal? I have excellent credit and want the cheapest option (2.0T). If I would qualify for this, am I still supposed to negotiate a particular price or is this promotion sort of negating the need for all of that?

    New to all of this, so thanks!

    *EDIT* I just read the fine print: Lease a 2011 Hyundai Genesis Coupe 2.0T Manual Transmission Standard Package for $259/month for 36 months, $2,699 due at lease signing ($2,440 customer cash down plus $259 for 1st month payment).

    I would want the automatic and this requires money down. Maybe not such a great deal.
  • Hey Joel. Hyundai Finance's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Hyundai Genesis Sedan V8 with 15,000 miles per year are .00147 and 55%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • You're very welcome 41lobster. Hyundai Finance's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Genesis Coupe 2.0T Premium Auto with 15,000 miles per year are .00227 and 60%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Hello billw81. Most manufacturers' official advertised leases leave a little meat on the bone so to speak. Savvy consumers who live in areas that have a decent level of competition are usually able to negotiate lower selling prices than the ones that were used to arrive at manufacturers advertised payments.

    If I was in the market for this car, I personally would shoot for a selling price of $500 or so over dealer invoice.

    Car_man
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