2014 Hyundai Genesis Lease Questions

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  • MichaellMichaell Moderator Posts: 263,422

    @kojiao said:
    Hello,
    Do you happen to have the August 2014 Residual and Money factor for a 2014 5.0 R Spec?
    3 years and 10/12K miles a year?

    .00062 and 52% foe 36/12. Hyundai does not offer 10K per year leases, but if they did, residual would be 1% higher.

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  • kojiaokojiao Member Posts: 17

    Thank you so much for the prompt response Michaell!

    Wish me luck!

  • car_karmacar_karma Member Posts: 9

    Can someone please give me the MF and RV for 2014 Hyundai Genesis 4dr sedan (3.8 v6 RWD base) in NJ for 24 months and for 36 months (assuming 12k miles per year) for August? thank you so much!

  • kyfdxkyfdx Moderator Posts: 267,211

    @car_karma said:
    Can someone please give me the MF and RV for 2014 Hyundai Genesis 4dr sedan (3.8 v6 RWD base) in NJ for 24 months and for 36 months (assuming 12k miles per year) for August? thank you so much!

    24 month: .00004 MF and 61% residual

    36 month: .00024 MF and 55% residual

    $1500 lease cash.

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  • car_karmacar_karma Member Posts: 9

    @kyfdx said:
    $1500 lease cash.

    Thank you so much for the quick reply.

  • crnboiicrnboii Member Posts: 7

    Hi i just got quoted a Genesis coupe 3.8 ultimate 2014 48 month /12k miles with .00187 MF and 48% residual plus taxes and fees and tags and everything with $0 drive off for $509.36 is this a good deal? the MSRP was $35,970 and negotiated price was $32,684 with an extra $1000 of factory rebate.

  • MichaellMichaell Moderator Posts: 263,422

    @crnboii said:
    Hi i just got quoted a Genesis coupe 3.8 ultimate 2014 48 month /12k miles with .00187 MF and 48% residual plus taxes and fees and tags and everything with $0 drive off for $509.36 is this a good deal? the MSRP was $35,970 and negotiated price was $32,684 with an extra $1000 of factory rebate.

    Using your numbers, I get a pre-tax payment of $414.62/mo. Seems the dealer is adding some cost into the deal somehow.

    What state is this? Tax liability may have an impact on your monthly payment.

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  • crnboiicrnboii Member Posts: 7

    @Michaell said:

    this is virginia and the tax is 4.5%

  • crnboiicrnboii Member Posts: 7

    @Michaell said:
    nvm the final offer on this was $469 a month with $0 drive-off thanks.

  • jmartinez4jmartinez4 Member Posts: 2
    Does anyone you the money factor and residual for a 2014 Coupe 3.8 R-Spec for a 36 month 36k mile lease? Got the dealer down to 26,300 so far does that sound like a good deal?

    Thanks in advance for the help!
  • MichaellMichaell Moderator Posts: 263,422

    Does anyone you the money factor and residual for a 2014 Coupe 3.8 R-Spec for a 36 month 36k mile lease? Got the dealer down to 26,300 so far does that sound like a good deal?

    Thanks in advance for the help!

    The only numbers I have for the R-spec are for the 2.0T - 44% residual and .00085 MF. $2500 lease cash.

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  • kyfdxkyfdx Moderator Posts: 267,211

    Does anyone you the money factor and residual for a 2014 Coupe 3.8 R-Spec for a 36 month 36k mile lease? Got the dealer down to 26,300 so far does that sound like a good deal?

    Thanks in advance for the help!

    I only see an R-Spec in the 2.0T model..

    3.8 models are Ultimate, Grand Touring or Base

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  • jasonjchungjasonjchung Member Posts: 40

    hi,

    2014 & 2015 Genesis coupe 3.8 GT & Ultimate 36/12k please! (SoCal area)

  • kyfdxkyfdx Moderator Posts: 267,211

    hi,

    2014 & 2015 Genesis coupe 3.8 GT & Ultimate 36/12k please! (SoCal area)

    2015: 51% residual for M/T, 52% for Automatic. .00056 MF and $500 lease cash.

    2014: 50% residual for M/T, 52% for Automatic. .00165 MF and $2500 lease cash.

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  • jasonjchungjasonjchung Member Posts: 40
    Do you guys possibly have the RV and MF for the 2013 Genesis Coupe 3.8 GT and Track for 36/12k?
  • kyfdxkyfdx Moderator Posts: 267,211

    Do you guys possibly have the RV and MF for the 2013 Genesis Coupe 3.8 GT and Track for 36/12k?

    Sorry.... no 2013 lease info Hyundai.

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  • jasonjchungjasonjchung Member Posts: 40
    Okay,

    I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet.

    MSRP: 33280
    Cap Cost: 27447 (including 2500 lease cash)
    Monthly: 433 including CA Tax.

    I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?
  • MichaellMichaell Moderator Posts: 263,422

    Okay,

    I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet.

    MSRP: 33280
    Cap Cost: 27447 (including 2500 lease cash)
    Monthly: 433 including CA Tax.

    I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?

    I get $355.55/mo pre-tax (assuming 52% RV; $372.94 with 50% RV), so your number seems about right. Dealer might be inflating the MF on you.

    Lots of Hyundai dealers to choose from; might be time to reach out to a different one.

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  • jasonjchungjasonjchung Member Posts: 40
    Michaell said:
    Okay, I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet. MSRP: 33280 Cap Cost: 27447 (including 2500 lease cash) Monthly: 433 including CA Tax. I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?
    I get $355.55/mo pre-tax (assuming 52% RV; $372.94 with 50% RV), so your number seems about right. Dealer might be inflating the MF on you. Lots of Hyundai dealers to choose from; might be time to reach out to a different one.

    The manager contacted me and told me the price I used did not include acquisition fee and documents/registration fee. He said acquisition fee is $595 and doc/reg fee of ~$403. And if I wanted 0 drive off, it would be $433.89. If I paid $590 drive off, it would be $418.74

  • MichaellMichaell Moderator Posts: 263,422


    Michaell said:

    Okay,

    I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet.

    MSRP: 33280
    Cap Cost: 27447 (including 2500 lease cash)
    Monthly: 433 including CA Tax.

    I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?

    I get $355.55/mo pre-tax (assuming 52% RV; $372.94 with 50% RV), so your number seems about right. Dealer might be inflating the MF on you.

    Lots of Hyundai dealers to choose from; might be time to reach out to a different one.


    The manager contacted me and told me the price I used did not include acquisition fee and documents/registration fee. He said acquisition fee is $595 and doc/reg fee of ~$403. And if I wanted 0 drive off, it would be $433.89. If I paid $590 drive off, it would be $418.74

    Between the doc fee and the acquisition fee that adds about $28/mo to the payment - pre-tax is now somewhere around $380-385/mo. What is the tax rate where you live?

    I still think the dealer is inflating the MF on you ... ask them directly what number they are using in their calculations.

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  • jasonjchungjasonjchung Member Posts: 40
    Michaell said:
    Michaell said:
    Okay, I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet. MSRP: 33280 Cap Cost: 27447 (including 2500 lease cash) Monthly: 433 including CA Tax. I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?
    I get $355.55/mo pre-tax (assuming 52% RV; $372.94 with 50% RV), so your number seems about right. Dealer might be inflating the MF on you. Lots of Hyundai dealers to choose from; might be time to reach out to a different one.

    The manager contacted me and told me the price I used did not include acquisition fee and documents/registration fee. He said acquisition fee is $595 and doc/reg fee of ~$403. And if I wanted 0 drive off, it would be $433.89. If I paid $590 drive off, it would be $418.74

    Between the doc fee and the acquisition fee that adds about $28/mo to the payment - pre-tax is now somewhere around $380-385/mo. What is the tax rate where you live? I still think the dealer is inflating the MF on you ... ask them directly what number they are using in their calculations.

    I live in California so the rate is 8%.

  • MichaellMichaell Moderator Posts: 263,422


    Michaell said:


    Michaell said:

    Okay,

    I got some numbers for the 2014 Genesis Coupe 3.8 GT. Please let me know what you think about the numbers. Haven't made the lease yet.

    MSRP: 33280
    Cap Cost: 27447 (including 2500 lease cash)
    Monthly: 433 including CA Tax.

    I think the numbers are bit high... I calculated and got $383.98. I told the dealer that 383.98 was the number I got. Then the dealer (over the phone) lectured me saying that the system they use to plug in numbers is connected to every bank and that it is accurate to the cent. It was very rude and the dealer said my numbers were wrong and my calculations were wrong. Did I make the wrong calculations?

    I get $355.55/mo pre-tax (assuming 52% RV; $372.94 with 50% RV), so your number seems about right. Dealer might be inflating the MF on you.

    Lots of Hyundai dealers to choose from; might be time to reach out to a different one.


    The manager contacted me and told me the price I used did not include acquisition fee and documents/registration fee. He said acquisition fee is $595 and doc/reg fee of ~$403. And if I wanted 0 drive off, it would be $433.89. If I paid $590 drive off, it would be $418.74

    Between the doc fee and the acquisition fee that adds about $28/mo to the payment - pre-tax is now somewhere around $380-385/mo. What is the tax rate where you live?

    I still think the dealer is inflating the MF on you ... ask them directly what number they are using in their calculations.


    I live in California so the rate is 8%.

    $380 + 8% tax makes the payment around $410/mo.

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  • bkbluebkblue Member Posts: 2
    edited September 2014

    Any thoughts on current residual value for a 2014 R – spec? 36/12k lease.  Dealer is offering 50% RV on 48k msrp

    Happy with the cap cost and MF (38k, 1.9% apr/.0007)

    Seems like a good deal, only question is RV. probably going to go get it tomorrow 

  • kyfdxkyfdx Moderator Posts: 267,211
    bkblue said:

    Any thoughts on current residual value for a 2014 R – spec? 36/12k lease.  Dealer is offering 50% RV on 48k msrp

    Happy with the cap cost and MF (38k, 1.9% apr/.0007)

    Seems like a good deal, only question is RV. probably going to go get it tomorrow 


    That is the correct residual. Dealers aren't authorized to change it.

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  • bkbluebkblue Member Posts: 2
    kyfdx said:

    Any thoughts on current residual value for a 2014 R – spec? 36/12k lease.  Dealer is offering 50% RV on 48k msrp

    Happy with the cap cost and MF (38k, 1.9% apr/.0007)

    Seems like a good deal, only question is RV. probably going to go get it tomorrow 

    That is the correct residual. Dealers aren't authorized to change it.

    Thanks

    Turns out the correct RV was 54% and they were playing with numbers in the back office to get a higher payment. A little scrutiny straightened it out. Still got same cap cost and money factor along with 54%. And $100 cheaper a month payment than originally quoted. 

  • kermitdogkermitdog Member Posts: 41
    edited September 2014
    Could you please post MF and residual for 2014 & 2015 genesis coupe 3.8 ultimate package? 36 months, 15000 miles per year. Thank you. Automatic transmission.
  • MichaellMichaell Moderator Posts: 263,422
    kermitdog said:

    Could you please post MF and residual for 2014 & 2015 genesis coupe 3.8 ultimate package? 36 months, 15000 miles per year. Thank you. Automatic transmission.

    2015 50% and .00056. $500 lease cash.

    2014 49% and .00165. $2500 lease cash.

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  • goldieatxgoldieatx Member Posts: 26
    Trying to lease a 2014 Genesis 5.0 R-Spec.
    I gather that I'm looking at a residual of 50%, money factor of .00055, and $2250 lease cash.
    If we start with dealer invoice of $44,790, subtract the lease cash and the $2000 cash to dealer, that gets us to $40,540 before holdback and any other dealer incentives I don't know about.

    How much more room would you imagine is left (assume no other customer incentives)? I figure I can get to $38k, but do you think I can get below $37k?

    At $36,405, roll in $595 acquisition and Texas' ridiculous 6.25% tax on the purchase price, and I come up with a monthly of $453. Which would be pretty swell. I have a dealer who quoted me something close to that monthly, but I think her math was off.

    I guess my questions are:
    1) Are there any other manufacturer-to-dealer incentives I can know about this month?
    2) Does Hyundai offer a higher RV with fewer than 12k miles, or is that the lowest mileage?
    3) Care to guess what they'll do next month? More incentives? Lower RV? Stop offering a lease on 2014 models altogether?

    Much obliged.
  • kyfdxkyfdx Moderator Posts: 267,211
    goldieatx said:

    Trying to lease a 2014 Genesis 5.0 R-Spec.
    I gather that I'm looking at a residual of 50%, money factor of .00055, and $2250 lease cash.
    If we start with dealer invoice of $44,790, subtract the lease cash and the $2000 cash to dealer, that gets us to $40,540 before holdback and any other dealer incentives I don't know about.

    How much more room would you imagine is left (assume no other customer incentives)? I figure I can get to $38k, but do you think I can get below $37k?

    At $36,405, roll in $595 acquisition and Texas' ridiculous 6.25% tax on the purchase price, and I come up with a monthly of $453. Which would be pretty swell. I have a dealer who quoted me something close to that monthly, but I think her math was off.

    I guess my questions are:
    1) Are there any other manufacturer-to-dealer incentives I can know about this month?
    2) Does Hyundai offer a higher RV with fewer than 12k miles, or is that the lowest mileage?
    3) Care to guess what they'll do next month? More incentives? Lower RV? Stop offering a lease on 2014 models altogether?

    Much obliged.


    1) Those are the only incentives we know about.
    2) Hyundai only offers 10K/yr programs on the Equus
    3) Just guessing, but either lower residual or no lease 2014 lease program

    No idea on selling prices..

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  • just_focusjust_focus Member Posts: 53
    A Local dealer has advertised on their website a brand new 2014 Genesis 3.8 That stickers for $36,150.00 on sale for $25,995.00. I know there is a $3500.00 rebate that I would not qualify for because its only for purchase so that makes it $29495.00 so what should my payment be for a 36 month 12k yr lease? I live in Cincinnati Ohio
  • MichaellMichaell Moderator Posts: 263,422
    A Local dealer has advertised on their website a brand new 2014 Genesis 3.8 That stickers for $36,150.00 on sale for $25,995.00. I know there is a $3500.00 rebate that I would not qualify for because its only for purchase so that makes it $29495.00 so what should my payment be for a 36 month 12k yr lease? I live in Cincinnati Ohio
    AWD or RWD? The numbers are different. 

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  • just_focusjust_focus Member Posts: 53
    RWD
  • kyfdxkyfdx Moderator Posts: 267,211

    A Local dealer has advertised on their website a brand new 2014 Genesis 3.8 That stickers for $36,150.00 on sale for $25,995.00. I know there is a $3500.00 rebate that I would not qualify for because its only for purchase so that makes it $29495.00 so what should my payment be for a 36 month 12k yr lease? I live in Cincinnati Ohio

    Sorry... we don't show a lease program for the 2014 Genesis.

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  • ClairesClaires Member Posts: 1,219
    edited May 2015
    To discuss the latest lease details for the current model, please join us in the 2015 Hyundai Genesis Lease Questions forum.

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