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Hyundai Genesis Lease Questions
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2011 Genesis 3.8 Sedan w/Premium and Technology Pkgs
List Price: $41,800.00
36mths/12,000 mi per year
$750.00 Down, which includes 1st mths payment
$400.00 + tax per mth payment
How did I do??
Thanks Car Man!
What's the payoff for the Genesis after the lease is up?
Can anybody suggest a way that we can get the conquest discount of $1500 even though the car that we have is under somebody else's name? It's family and the address is the same but the name will not be the same.
Also, we're getting a 2011 3.8 genesis sedan with tech and premium on a 3yr/36K mile lease for $460/month + tax with just the first month and tax due at delivery. Would you move on this deal? I don't have the final sale price but I'm worried since another post mentioned $400 + tax on a lease.
Thanks in advance.
Even though I've leased I have put painted mud guards, rear window spoiler, 4 new Bridgestone high performance tires and put in a plug and play video in motion (VIM) that intergrates flawlessly with the DVD player. The Genesis will be a bargain at $18,500 whent the lease is up.
Congratuations on your new "sweet ride"
Driving a simular luxury car at 1/2 the cost...that is just great!
Thanks
If not, what state are you in? I'd like to find the info on that deal!
Car_man
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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.
Car_man
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Thanks!
Specs-36 mo lease, 10k miles per year. Automatic with premium navigation package
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.
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!
Car_man
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Car_man
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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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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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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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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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.
Jeff
Can you please post more details with your lease? I'm also in NJ and want to try to replicate your lease.
Thanks
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!)
Can you give me some feedback on this deal that was offered to me today in so cal:
3.8 Sedan with Tech
36 mo lease, 20K miles per year
Sales price - 36,999
$1300 due at signing
Total mo payment - $567
Dealer said he would throw in Winged badges.
Car_man
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Genesis Coupe Automatic Transmission (Base)
$24350 MSRP
$21900 Base Cap Cost (TrueCar NoHaggle Price)
$595 Bank Fee
$1000 Manufacturer Incentive
$21495 Adjusted Cap Cost
59% Residual ($14367)
.00167 Money Factor
36 Months
12000 miles/yr
8.1% Sales Tax
$7128 Depreciation
$2156 Finance Charge
$833 Total Sales Tax
$10036 Total Payments
$257.89 Monthly Payment Before Tax
$20.89 Monthly Sales Tax
$278.78 Total Monthly Payment
They said "my manager agreed to $1000 dealer cash but he's raising the rate to make up for it"
Oh dear.
Car_man
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I am getting ready to buy a fully loaded Genesis Coupe that had a MSRP of $32250
with a $2350 down payment, with an agreed upon price of $31,000, full sticker was $33150 not counting sealant and other bs charges. Not quite sure what the lease factors and fiqures should be with excellent credit and if this is worth paying for. Suppose to purchase tomorrow. Little help please.
Thnks,
Hank
Can you tell me the current money factor and residual value for a 2011 Genesis 3.8L sedan with tech package (premium included) (3 yrs, 12k miles)? Thanks!
Car_man
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