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Hyundai Genesis Lease Questions

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  • rodhymanrodhyman Posts: 1
    edited March 2012
    I'd really like to know how competitive the offering I'm being given is from the dealer. They showed me the invoice and they also have a $3000 rebate I can use towards the lease. However, I'd like to verify as to whether the money factor and other components they've outlined still have any room for me to negotiate.
    Here are the numbers I was given:
    2012 Genesis 5.0 V* R-spec

    47485.00 MSRP
    44151.00 Invoice
    24692.00 Residual or 52.%
    3000.00 Total rebate (1500 competitive coupon and 1500 lease cash)

    .00209 Money Factor
    12,000 miles

    649.31 Monthly payment with tax, license -- everything -- 35 remaining payments

    884.31 Due at lease start--- includes first montly payment

    I've be very grateful for the feedback!
  • myke0323myke0323 Posts: 8
    Hey Car_Man,

    Do you happen to have the lease numbers for a 2013 Genesis Coupe 2.0T Base, 36 month, 15k miles/year?

    I'm trying to decide between the 2012 and 2013 model.

    Your help is always appreciated,
    Mike
  • Hi Car_Man,
    Hope all is well.
    Could you pls. let me know the money factor for a 2012 hyundai Genesis 3.8L, with Premium & Tech package for 36 months at 15K/yr miles for the month of April. The dealer is telling me the money factor is 0.00194.

    Regards,
    TheWatchMan
  • hpowdershpowders Posts: 4,269
    Hi Car_man.

    I would like the residual and money factor for a 2012 Genesis sedan with premium package, 10,000 miles a year, 36 months.

    Thank you!

    hpowders
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Mike. Hyundai Finance's April buy rate lease money factor and residual value for a 36-month lease of a 2013 Genesis Coupe 2.0T with 15,000 miles per year are .00223 and 66%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    All is indeed going very well, thanks TheWatchMan. According to the information that I have seen, Hyundai Finance's April buy rate lease money factor and residual value for a 36-month lease of a 2012 Genesis Coupe 3.8L with Premium, Tech and 15,000 miles per year are .00203 and 58%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey hpowders. Here you go. Hyundai Finance's April 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 .00154 and 58%, respectively for consumers who qualify for its top credit tier.

    There is a $1,500 cash incentive on leases of this car right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • hpowdershpowders Posts: 4,269
    Thanks, Car_man! :)
  • fldave0513fldave0513 Posts: 2
    edited April 2012
    Trying to get an RSpec for 48 months with 15K miles/year.

    Dealer is saying a good deal since Genesis' are leasing at $399 for base model & $2500 down:
    zero down except for tax tag and 1st payment
    47 remaining payments of $559 + tax.

    Is this good based on current residual and money factor? I have top tier credit. Thank you!
  • techointechoin Posts: 3
    Looking to lease 3.8L base..the best quote which I received is 29.5K.. or $279 mo with $2000 down for a 48 months 12K lease..

    Is this good deal?

    This is my first time leasing..I have heard many stories around the dunlop tires on this car needing to be changed very early ..do I need to factor any other costs? Once I agree on lease payment..I dont't want to pay any extras on major maintenance..

    Thanks for the help.this is awsome forum
  • bmb1767bmb1767 Posts: 64
    That is an awfullly long lease - 48 months.
  • techointechoin Posts: 3
    yes..I checked with dealership and they are offering 36 months lease at 369 a month with some 700 down..
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No problem hpowders.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Can I get the updated Money Factor and Residual Rates for this month

    What kind of deals are people getting on these?
    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi roachforlife. Hyundai Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Genesis Coupe 3.8 Track with 15,000 miles per year are .00223 and 66%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks Carman. Is there a public available area you get this info from? Also is there a way to see which cars and makes are the lowest MF for a given month, and what the Res is. I appreciate you looking them up but trying to see if this is stuff I can get from somewhere

    Thanks!
  • Hey there I was considering a lease on this exact same car - I drove the standard 5.0 and I loved it. How are you liking yours?

    It looks like there is only the single $1500 rebate at the moment, do you know more about that?

    I wonder if there are any other specials right now for leasing this car...
  • brywoodbrywood Posts: 1
    Looking to head to the dealership tommorow to lease a new 5.0 Genesis; anyone have the current residual & money factor numbers for 48 month lease?
  • bradl1bradl1 Posts: 3
    Hey Carman, thanks for the great forum! Could you send me the residual and money factor for a 2012 Genesis Sedan Base with 15k a year. Also, is there any incentives on this car for August.

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome bradl1. Hyundai Finance's August buy rate lease money factor and residual value for a 36-month lease of a base 2012 Genesis Sedan with 15,000 miles per year are .00129 and 55%, respectively for consumers who qualify for its top credit tier.

    There is a $1,000 cash incentive on leases of this car this month.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • rsazmanrsazman Posts: 4
    Did I get a good deal on a base 3.8 Sedan?

    MSRP - 35,705
    Out the door - $600 total (including 1st month)
    48 months at 350.20 + tax (total of 382.77 in AZ)
    12,000 mi/yr
    Residual - 47%
    Money Factor - .00107

    And, good people to work with at Chapman on west Bell Rd.
  • vsamanovsamano Posts: 1
    Hello Car Man - I am interested in purchasing a 2012 Genesis 4.6 this weekend.
    I see a dealer close to me that has one listed for $45,834 Retail and an internet special of $39,412.00

    My question sis they have a place where I can make an offer online, do you think I could get another $2500 off of that price? The offer of 2.9% for 72 months is amazing and I would qualify for an additional $2500 in rebates form them.

    Look forward to hearing your advice.
  • snarksnark Posts: 3
    Not sure how you got $715 a Month! I paid $399 per Month with only 1st Months payment out of pocket with 15k yearly allowance. Granted this was for a 3.8 with no extra packages, but it's still a great deal! $715.00 is crazy-nuts....For that kind of coin you can get a loaded 750 IL BMW!
  • Hi Carman,

    I am looking for the November residual and money factor for a 2012 Genesis 3.8L 12K/36mo.

    I am also wondering what promotions and incentives apply. It appears there is $1500 for current owners which I qualify for. I also see 1st months payment and no security deposit for a 12K/48mo. lease, wondering if this also applies to a 36mo.

    Thanks in advance for the help!

    -Ron
  • Hi Carman,

    I am looking for the November residual and money factor for a 2013 Genesis Coupe 2.0t Premium. Im in Southern California and would like numbers for both 12000 miles and 15000 miles.

    Thank you!
  • Hi Ron. Hyundai Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2012 Genesis Sedan 3.8L with 12,000 miles per year are .00070 and 53% for consumers who qualify for its top credit tier.

    There is a $1,500 cash incentive on leases of this car right now. This is in addition to the owner loyalty cash.

    Yes you can do a 36-month zero due at signing lease on the '12 Genesis Sedan, but the money factor is different....00099.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello crazydeo. Hyundai Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2013 Genesis Coupe 2.0T Premium with 12,000 miles per year are .00167 and and 60% for consumers who qualify for its top credit tier.

    The residual value for a lease with only 12,000 miles per year is 2% lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Well I need an extra set of eyes to let me know if I got a good deal.
    I live in Texas and chose the Balloon note(this is my 3rd) on my 2012 Hyundai Genesis.
    Options: Premium and Tech Packages, Ipod cable, cargo tray
    Total sticker price: $44,010
    Price I paid: 36456.21
    I had owner loyalty of $1500 and a trade in allowance of $1222. I put down $1000 out of pocket and got 2.9 for 36mos. for a monthly payment of $350.
    As you know I follow the traits of a standard lease but am on a bank note.

    Please let me know how I did.
    Thank you!
  • jjkmoutlawjjkmoutlaw Posts: 2
    edited November 2012
    Need a little feedback on if this is a good deal on a new 2012 Genesis Sedan with Tech package.

    MSRP = $44,020;
    sale price = $35,971,
    36-month lease;
    money factor = 0.001100;
    residual value = 53%;
    tax = 3%;
    document fees = $399;
    Tile/registration = $118.

    I am putting $1,000 down (using $500 match from Motozuma). They quoted me $433/ month for 12,000 miles with an additional $15/month for 15,000 miles. Any thoughts?

    Also, any thoughts on waiting for a 2013 vs getting a 2012? There doesn't seem to be any with tech package in the entire country right now.

    Many Thanks in advance.
  • I live in OH and I see an Internet price on an 2012 Genesis marked down from $35,987 with $564 down and 48 month lease they want $476. I have top tier credit and I wanted a second pair of eyes to look to see if that's a good deal. I personally don't think so. Thank you.
This discussion has been closed.