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I'll take my chances and buy a used one a few years from now, if I like it, and if they seem to hold up.
The guinea pig role is not one I'm keen to accept. :P
By testing a limited number of vehicles mean that ALL of them will be trouble-free...doubt it, but at least they know in general that their systems and components can handle the exteme heat.
And if you think Hyundai is the only company to do so, think again...there are quite a few automakers that take cars out to Death Valley in the dead of summer for the very same purpose...real world testing.
I have been very clear on previous posts that HMA does pay dealers additional incentives based on sales volume and CSI/HSI survey scores. These payments obviously vary by dealer since volume and survey scores will vary. Also, HMA supports the stand alone Hyundai dealers with a small extra payment per retail sale. There are also programs that run from time to time that pay the dealer to sell certain models.
I'm sorry that I have little to no respect from you, however, I have been completely forthcoming in the past, and have no reason not to be in the future. By the way, the "gobblety [non-permissible content removed] " you mentioned really DOES play a huge part in most transactions.
On a totally different note, I was told yesterday that the Pearl White Genesis' should be arriving in showrooms in the next 3-4 weeks. Thought you guys would like to know. Also, when these cars hit, there will be a number of others that were held back from the first Genesis allocation that will hit the ground. This should provide for better selection, and maybe get some of the MSRP+ markups out of the way.
The only time financing through them is great is if you can get a better interest rate, like when you see those deals for 0% financing.
huh???? so I guess this is why they are selling a silly Honda Fit for 10% MORE than MSRP and why if you call Honda in California they will tell you something like 'actual prices are set by the dealer'. Or why 'gouging' dealers can be found for the Genesis right now and Hyundai will tell you the same thing. Or why the Challenger is being sold above MSRP. Supply and demand will determine what any and all prices can be and if some salesman somewhere is telling you that very few Genesis' willl be built, chances are he is simply trying to convince you to pay something too much for the car. If the Hyundai dealers find out that they can get $100k for a Genesis, rest assured they will, there is no law to stop them - and nor should there be.
I just found a dealer advertising lease for $ 399.00, $2,199 at signing and 12k per year, 24 months. Dealer is brad benson located in NJ. Just thought I'd share. Jerry
I wouldn't set foot in the door.
Yes, this is the national lease offered by Hyundai USA. For the V-6 w/Tech package ($40k MSRP), the deal is:
-- $499 per month
-- $1680 down
-- +Tax and Registration (some dealers may add a title/doc fee)
-- $595 disposition fee at end of lease if you turn it in
-- $26,400 to buy it at end of lease
-- $500 off the down if you have a coupon from the Discover Genesis Tour
The lease packages are based on the dealer selling the car at invoice price, correct? (that's what I though I read here and/or at genesisowners.com).
If that's the case, wouldn't any dealer who was following the lease program sell the car at invoice if you approached them that way (e.g., instead of a lease, how about if I change to a ourchase)?
It seems this would be the same unless there is some hidden leasing incentive they receive.
I am just not sure that I am ready for a Hyundai yet but I am very impressed with the Genesis. Thanks again.
2013 LX 570 2016 LS 460
$36K for a 3.8 Premium Plus is still a lot of car for that money. Personally...I don't feel the Tech Package is worth a $4K add-on.
I will let one of the dealers respond, but as far as your reference to the lease program being based on invoice, I remember the post you are referring to. It was on the other forum and that poster had experienced a dealer that was trying to tell him that the published lease rate wasn't available because he wouldn't make any money. The poster went on to speak to some other dealers who agreed to offer the published lease. I would not take that posters comments and assume you can use that as the starting point for negotiating for purchase from invoice (but more power to you if you can).
I debated leasing vs. buying the V-6 w/tech (I have never leased before) but I made the decision to lease. I think it is a vry good offer all around on this vehicle when you compare it to buying with a loan - IMO. The first two dealers in MN I spoke to agreed to the published lease - in email - so I don't think it will be hard to find one if you have a little time...
I am fully aware of the fact that Death Valley tests are done, and, in fact, the Genesis was geared toward the N. American market, and much of the freeway testing was done in California - which makes sense as the freeways in CA offer both the severe stop-and-go as well as open road crusing at higher speeds.
Another silly comment in that post also revealed that chuck1 is unaware of the harsh Korean winters.
"The mean temperature during winter is generally below freezing. The mean temperature in January in Seoul is 3.5 degrees C. below freezing, while that of London is 4.6 degrees C. above freezing, and that of San Francisco is 10.1 degrees C. Summer in Korea is hot. In most of the country, the mean temperature of hottest month is above 25 degrees C. except in the northern interior. The mean temperature of the hottest month for Seoul is 25.3 degrees C. The annual temperature range between the coldest and hottest months for Seoul is about 28.3 degrees C. The range of temperature is much greater in the north and in the interior than in the south and along the coasts." (from http://user.chollian.net/~jis0523/korea-climate.htm)
Sounds to me like a good place to test cars.
I was the one who originally postulated getting a 2009 Genesis 3.8 in the fall of 2012 for around $16k + T&L. So this is not a 2 year old Genesis we're talking about, but a 3 year old car. ALG estimates a 3-year-old Genesis will be worth 50% of its MSRP. Do the math. That's an estimated $16.5k for the base Genesis. Definintely in the ballpark.
Also, I see that if I want, I can go down to a local dealer and pick up a 2-year-old loaded Azera, list price around $31k, with 27k miles for under $16k asking price (final price--who knows?). So I think a 3-year-old base Genesis around $16k is realistic.
Happy motoring :shades:
2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve
By the way, the blog copies everything word by word, even though some of info were incorrect in the first place
NHTSA has just awarded the big Genesis a five-star rating, too, in all front and side impact tests. One particular luxo touch that we noted immediately is the substantial laminated windscreen and front window glass. Opening and closing the front windows is an absolutely silent operation à la Rolls-Royce. Genesis is also the first car for sale in the U.S. with major use of fiber-optic technology for onboard systems, reducing the complexity and weight of a traditional wiring harness.
A 5.8 second 0-60mph time and an electronically limited 155mph top speed prove it's no slouch. Suspension feels soft by European standards, and the steering lacks centre-feel in hard driving. But it certainly deserves the right to be taken seriously as a luxury saloon.'
I did not receive a call from any dealer, although I've expressed interest and left my information with several. The closest dealer that I'll be visiting had "no clue" what I was getting at when I asked "Do you have any models with the Tech package?" He said he had a fully loaded model, but it had no navigation...... last I checked I wouldn't consider that fully loaded, but anyway.
So, my next question was "Do you have the premium or premium plus?" He replied..."Huh" I asked if it had the larger wheels and he seemed to feel it didn't.
The salesperson explained, "We haven't gone to Jersey for training yet for the Genesis, we have to go all the way down there." Do these guys even consider using the internet? Although he seemed like a good guy with much energy, he said, "When you come in you can tell me all about the car since you seem to know more than I do." This statement was not sarcastic at all, he was serious about his lack of knowledge about the car.
Jersey is 90 minutes away....Dealer experience could really hurt this car.
This car had PP package, didn't really have time to get to go over the car, it looked very nice, solid. I am Not sure I'm crazy about the rims :confuse: Anyway, will keep ya posted on my detailed evaluation and test drive of this car. Jerry
I can definitely see where Hyundai is going to have to make some changes to support the Genesis on the front end (in the LEAST...start there) and then work all the way back to post-sales customer support in the service department. Which...I can vouch for the same dealer as having a top notch service department.
On another note, I will most likely be driving a Genesis next week as my GF is picking up her Elantra from the body shop at the dealer and her salesman said there should be V6 for me to drive
2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve
Sweet!!! Post your experience with the Genesis when you have driven it.
It might be a good thing for the dealer to match folks up that end up with the 18" wheels, but want the 17" wheels to the folks that have the 17" wheels, but want the upgrade to the 18" wheels....simple swap takes care of everything.
Personally, I would LOVE to see an 18" version of the 17" wheel.
A loaded Acura V6 TL with Navigation is almost 40k, and G35's with navi and some options are over 40k. Reality check is that cars are expensive anywhere you go.
People need to notch down their expectations with Hyundai. Customers want to buy everything 3k back of invoice the 1st 90 days a car comes out. You wouldn't expect that at a Lexus dealer.
You'll have to "work around" Hyundai sales people and find out stuff on your own, and not expect the Donald Trump treatment.
The Genesis is a heck of a car for the money, especially in V8 form compared to Lexus and Infiniti. Less money usually always means less service.
I'll be glad to keep $15,000-18,000 extra money in my pocket by not going to the Lexus dealer and sit in their 6 million dollar showroom and have people fall all over me. I'm smart enough to buy things inspite of salespeople. Most salespeople working at Hyndai are high turnover with making just enough money to survive.
The other intersting note was the bluetooth function will not integrate into the steering wheel and radio unless you have the tech package. It had a separate interface (that was On-star like) near the sunroof panel. When you press the button, it does not interface with the radio so it has a separate volume control independent of the stereo. I thought that was odd. Other than that, I was hoping I would see buttons to knock down the rear head rests like my RL, it may have been there, but I didn't notice and I couldn't find the button for the rear shade either...I would assume this does exist, but again, nobody knew enough about the car.
And for the price........$2500 market adjustment, because they only have eight allocated and they're selling like hotcakes(I'm being sarcastic). Apparently one of the three was already purchased by someone who works for Consumer Reports. They had already tested the car and found it to be top in it's class.
They promised that you would not be in anything less than the Azera as a loaner.
Who did you talk to at CR to get this scoop? Usually their testing takes many weeks. I'm surprised they would have finished already. They must have gotten the first Genesis to hit the U.S.!
Please explain.