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2016 Hyundai Genesis Lease Questions

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  • MichaellMichaell Moderator Posts: 263,227
    hudz2015 said:

    Costco card with your name including all rebates $35,676 plus fees and taxes on this car…

    MSRP of 49870 tax of 5.1% Can you give me an idea of what payment is?

    hudz2015 said:

    3/36 and 3/30

    RWD or AWD?

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  • hudz2015hudz2015 Member Posts: 68
    AWD
  • MichaellMichaell Moderator Posts: 263,227
    Michaell said:

    hudz2015 said:

    Costco card with your name including all rebates $35,676 plus fees and taxes on this car…

    MSRP of 49870 tax of 5.1% Can you give me an idea of what payment is?

    hudz2015 said:

    3/36 and 3/30

    RWD or AWD?
    hudz2015 said:

    AWD

    36/12 - .00027 and 56%. Add 1% for 10k.

    Assuming the quoted price is the cap cost, I get $232/mo for 12k miles, and $219/mo for 10k miles, before tax.

    That assumes that the offered price can be used for a lease, and you pay all fees up front.

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  • mpurrdycatmpurrdycat Member Posts: 20
    What Are The Numbers For September 2016 AWD Ultimate 36/10 In Pa, Thanks
  • gehmjc21gehmjc21 Member Posts: 29
    Hi Michael....I'm looking at a 2016 3.8AWD Ultimate. It actually has 5,000 miles as a dealer demo. Do you know if the same incentives apply to a demo? Also, the CA told me rates are still effective until 9/6? Do you have the August AWD numbers for 36/12? Thanks!
  • stephen00stephen00 Member Posts: 5
    Need Sept numbers on 2016 RWD Tech Package 36/15
  • kyfdxkyfdx Moderator Posts: 266,942

    What Are The Numbers For September 2016 AWD Ultimate 36/10 In Pa, Thanks

    New Hyundai program doesn't start until 09/07.

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  • kyfdxkyfdx Moderator Posts: 266,942
    gehmjc21 said:

    Hi Michael....I'm looking at a 2016 3.8AWD Ultimate. It actually has 5,000 miles as a dealer demo. Do you know if the same incentives apply to a demo? Also, the CA told me rates are still effective until 9/6? Do you have the August AWD numbers for 36/12? Thanks!

    .00010 MF and 55% residual. $3750 lease cash.

    I would think it would be eligible for the new car program, but the residual will be adjusted down to account for the current mileage.

    And yes, those rates are good through 09/06.

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  • gehmjc21gehmjc21 Member Posts: 29
    Awesome, thank you! Enjoy the holiday weekend.
  • sublimeprimesublimeprime Member Posts: 2
    Can I get the residual and MF for a 2016 3.8 AWD Ultimate and 10k/year in Washington State?
  • MichaellMichaell Moderator Posts: 263,227

    Can I get the residual and MF for a 2016 3.8 AWD Ultimate and 10k/year in Washington State?

    .00010 MF and 56% residual. $3750 lease cash.

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  • sublimeprimesublimeprime Member Posts: 2
    @Michaell thanks! What are my options if my local dealer is quoting me a higher MF? Is there alternate financing I can ask for?
  • kyfdxkyfdx Moderator Posts: 266,942

    @Michaell thanks! What are my options if my local dealer is quoting me a higher MF? Is there alternate financing I can ask for?

    Shop other dealers for a better deal.

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  • SimpsonTide985SimpsonTide985 Member Posts: 39
    edited September 2016
    Can I get the MF and residual for 3.8 Ultimate AWD for IA 36mo/10k?

    Here's the actual vehicle page: new-2016-Hyundai-Genesis-4dr_Sdn_V6_3.8L_AWD-Iowa_City-IA/2813422843

    Also, with it being a 2016 and MSRP of $53,450, it looks like I could get a good asking price. Any possibility I could bring it down closer to $42k-44k?
  • kyfdxkyfdx Moderator Posts: 266,942

    Can I get the MF and residual for 3.8 Ultimate AWD for IA 36mo/10k?

    Here's the actual vehicle page: new-2016-Hyundai-Genesis-4dr_Sdn_V6_3.8L_AWD-Iowa_City-IA/2813422843

    Also, with it being a 2016 and MSRP of $53,450, it looks like I could get a good asking price. Any possibility I could bring it down closer to $42k-44k?

    .00027 MF and 57% residual. $3750 lease cash.

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  • SimpsonTide985SimpsonTide985 Member Posts: 39
    kyfdx said:

    Can I get the MF and residual for 3.8 Ultimate AWD for IA 36mo/10k?

    Here's the actual vehicle page: new-2016-Hyundai-Genesis-4dr_Sdn_V6_3.8L_AWD-Iowa_City-IA/2813422843

    Also, with it being a 2016 and MSRP of $53,450, it looks like I could get a good asking price. Any possibility I could bring it down closer to $42k-44k?

    .00027 MF and 57% residual. $3750 lease cash.
    Thanks again. Obviously I'm doing a lot of cross shopping right now! :smile:
  • nicksmu17nicksmu17 Member Posts: 187
    Numbers for a 2016 Ultimate in Illinois. 36/10k....ALso is the lease cash on top of negotiated price? Mots of these things retail for like 53, they being offered at 48k. Do you then apply the lease cash on top of that?
  • MichaellMichaell Moderator Posts: 263,227
    nicksmu17 said:

    Numbers for a 2016 Ultimate in Illinois. 36/10k....ALso is the lease cash on top of negotiated price? Mots of these things retail for like 53, they being offered at 48k. Do you then apply the lease cash on top of that?

    Assuming AWD, .00027 and 57%. $3750 lease cash.

    Yes, negotiate your best price, then subtract the incentives.

    BTW, these numbers expire today. New numbers should be available later this week.

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  • mpurrdycatmpurrdycat Member Posts: 20
    What Are The Numbers For September 2016 AWD Ultimate 36/10 In Pa, I Need To Make A Decision Soon, Thanks In Advance
  • MichaellMichaell Moderator Posts: 263,227

    What Are The Numbers For September 2016 AWD Ultimate 36/10 In Pa, I Need To Make A Decision Soon, Thanks In Advance

    52% residual, but no supported MF numbers or incentives, yet

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  • mpurrdycatmpurrdycat Member Posts: 20
    Michaell said:

    What Are The Numbers For September 2016 AWD Ultimate 36/10 In Pa, I Need To Make A Decision Soon, Thanks In Advance

    52% residual, but no supported MF numbers or incentives, yet
    Ok, 57-52 Residual, That Much Of A Drop?, I Will Check Back, Thanks
  • saggy124saggy124 Member Posts: 20
    Hello Guys. Have any of you guys purchased maintenance for your Genesis lease ? Please let me know
  • klnmcmgklnmcmg Member Posts: 113
    If updated #s are available, 3.8 RWD, 36/15 in NC? Thanks.
  • kyfdxkyfdx Moderator Posts: 266,942
    klnmcmg said:

    If updated #s are available, 3.8 RWD, 36/15 in NC? Thanks.

    Sorry, but we don't have any 2016 Genesis numbers for this month.

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  • jbas111jbas111 Member Posts: 4
    What do you think of this lease price for a 2017 5.0 Ultimate in Alexandria, Virginia?

    Lease period: 36 months
    sale price: $51,499
    due at signing: $3k down + first month payment
    mileage on lease 12,000/yr
    monthly payment $683
  • MichaellMichaell Moderator Posts: 263,227
    jbas111 said:

    What do you think of this lease price for a 2017 5.0 Ultimate in Alexandria, Virginia?

    Lease period: 36 months
    sale price: $51,499
    due at signing: $3k down + first month payment
    mileage on lease 12,000/yr
    monthly payment $683

    Sorry, but we don't have any 2016 Genesis numbers for this month

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  • kyfdxkyfdx Moderator Posts: 266,942
    jbas111 said:

    What do you think of this lease price for a 2017 5.0 Ultimate in Alexandria, Virginia?

    Lease period: 36 months
    sale price: $51,499
    due at signing: $3k down + first month payment
    mileage on lease 12,000/yr
    monthly payment $683

    2017 G80?

    If so, the discussion is here:
    http://forums.edmunds.com/discussion/42824/hyundai/g80/2017-genesis-g80-lease-info#latest

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  • obi1andkobe2obi1andkobe2 Member Posts: 50
    Are the new numbers for Sept in yet ?
  • kyfdxkyfdx Moderator Posts: 266,942

    Are the new numbers for Sept in yet ?

    Sorry, doesn't look like we will get them this month.

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  • spidpooyspidpooy Member Posts: 182
    It seems RV is 55% for RWD and AWD. Can we get September MF from here ?

    Lease a 2016 Genesis 4dr Sdn 3.8L V6 RWD for $299 per month for 36 months with $2,999 due at lease signing.
    Closed end lease for 2016 Genesis 4dr Sdn 3.8L V6 RWD(Model # B1402R65) available from September 7, 2016 through September 30, 2016, to well-qualified lessees approved by Hyundai Motor Finance. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. Offer shown based on $2,999 due at lease signing (includes $299 first payment and $2,700 capitalized cost reduction). No security deposit required. MSRP $39,700 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like). Actual net capitalized cost $32,700. Net capitalized cost includes $595 acquisition fee and includes credit for $1,000 Valued Owner Incentive or $1,000 Competitive Owner Incentive. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $10,764. Option to purchase at lease end $21,835. Lessee is responsible for third-party fees. Third-party fees vary by state or locality. Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 10,000 miles/year, excess wear, and a $400 disposition fee. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, & WY, where disposition fee is subject to state law limitations.
    CO, IA, KS, ME, OK, WV, & WY: The amount of 2 times the base monthly lease payment or $400, whichever is less. IN & SC: The amount of 3 times the base monthly lease payment or $400, whichever is less.
    WI: The amount of the base monthly lease payment or $400, whichever is less. Must take new retail delivery on vehicle from dealer stock by September 30, 2016.
    See dealer for warranty and lease details.

    http://m.hyundaiusa.com/special-offers-details.aspx?vehicleid=genesis-2016-en-US&id=PROM000000000000000023034&zip=29631
  • MichaellMichaell Moderator Posts: 263,227
    spidpooy said:

    It seems RV is 55% for RWD and AWD. Can we get September MF from here ?

    Lease a 2016 Genesis 4dr Sdn 3.8L V6 RWD for $299 per month for 36 months with $2,999 due at lease signing.
    Closed end lease for 2016 Genesis 4dr Sdn 3.8L V6 RWD(Model # B1402R65) available from September 7, 2016 through September 30, 2016, to well-qualified lessees approved by Hyundai Motor Finance. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. Offer shown based on $2,999 due at lease signing (includes $299 first payment and $2,700 capitalized cost reduction). No security deposit required. MSRP $39,700 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like). Actual net capitalized cost $32,700. Net capitalized cost includes $595 acquisition fee and includes credit for $1,000 Valued Owner Incentive or $1,000 Competitive Owner Incentive. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $10,764. Option to purchase at lease end $21,835. Lessee is responsible for third-party fees. Third-party fees vary by state or locality. Lessee is also responsible for insurance, maintenance, repairs, $.20 per mile over 10,000 miles/year, excess wear, and a $400 disposition fee. Disposition fee of $400 applies in all states except in CO, IN, IA, KS, ME, OK, SC, WI, WV, & WY, where disposition fee is subject to state law limitations.
    CO, IA, KS, ME, OK, WV, & WY: The amount of 2 times the base monthly lease payment or $400, whichever is less. IN & SC: The amount of 3 times the base monthly lease payment or $400, whichever is less.
    WI: The amount of the base monthly lease payment or $400, whichever is less. Must take new retail delivery on vehicle from dealer stock by September 30, 2016.
    See dealer for warranty and lease details.

    http://m.hyundaiusa.com/special-offers-details.aspx?vehicleid=genesis-2016-en-US&id=PROM000000000000000023034&zip=29631

    You can't reverse engineer the MF from all the other data.

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  • spidpooyspidpooy Member Posts: 182
    Michaell said:


    You can't reverse engineer the MF from all the other data.

    Would you mind to share why we can't ? I assume Manufacturer does not mark-up MF in the original lease term.
  • MichaellMichaell Moderator Posts: 263,227
    spidpooy said:

    Michaell said:


    You can't reverse engineer the MF from all the other data.

    Would you mind to share why we can't ? I assume Manufacturer does not mark-up MF in the original lease term.
    Do we know the amount of 'dealer contribution'? That would help determine the adjusted cap cost.

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  • alexandert7alexandert7 Member Posts: 42
    What is the current money factor and residual for 2016 Genesis Coupe 3.8 R-Spec?? Located in South Florida

    thank you
  • kyfdxkyfdx Moderator Posts: 266,942

    What is the current money factor and residual for 2016 Genesis Coupe 3.8 R-Spec?? Located in South Florida

    thank you

    We didn't get Hyundai numbers for September.

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  • mpurrdycatmpurrdycat Member Posts: 20
    I Finally Made A Deal Yesterday For The 2016 Genesis Ultimate, I Got In At 1,500 Down And 433.00 A Month, All Taxes And Fees Included, Philly Tax Is Insane, Since I Have Never Leased Before I Don't Know If This Deal Is Good Or Bad, Just Want To Thank All That Has Helped Me And Answered All My Questions, Thanks Again
  • kyfdxkyfdx Moderator Posts: 266,942

    I Finally Made A Deal Yesterday For The 2016 Genesis Ultimate, I Got In At 1,500 Down And 433.00 A Month, All Taxes And Fees Included, Philly Tax Is Insane, Since I Have Never Leased Before I Don't Know If This Deal Is Good Or Bad, Just Want To Thank All That Has Helped Me And Answered All My Questions, Thanks Again

    Congrats on the new car!

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  • mpurrdycatmpurrdycat Member Posts: 20
    kyfdx said:

    I Finally Made A Deal Yesterday For The 2016 Genesis Ultimate, I Got In At 1,500 Down And 433.00 A Month, All Taxes And Fees Included, Philly Tax Is Insane, Since I Have Never Leased Before I Don't Know If This Deal Is Good Or Bad, Just Want To Thank All That Has Helped Me And Answered All My Questions, Thanks Again

    Congrats on the new car!
    Thank You!
  • kyfdxkyfdx Moderator Posts: 266,942

    What is the current money factor and residual for 2016 Genesis Coupe 3.8 R-Spec?? Located in South Florida

    thank you

    If you are still looking...

    .00038 MF and 49% residual for 36/12
    $2500 lease cash

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  • klnmcmgklnmcmg Member Posts: 113
    Do you have RV and MF for Genesis sedan 3.8 36/15?
  • MichaellMichaell Moderator Posts: 263,227
    klnmcmg said:

    Do you have RV and MF for Genesis sedan 3.8 36/15?

    RWD or AWD?

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  • klnmcmgklnmcmg Member Posts: 113
    RWD please
  • MichaellMichaell Moderator Posts: 263,227
    klnmcmg said:

    Do you have RV and MF for Genesis sedan 3.8 36/15?

    klnmcmg said:

    RWD please

    Oops, looks like Hyundai has discontinued support for the 2016 Genesis. No lease numbers available.

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  • klnmcmgklnmcmg Member Posts: 113
    Well that stinks. Thanks.
  • danrudy33danrudy33 Member Posts: 31
    Hi,

    In south florida
    Would appreciate the RV, MF and incentives for
    G80 Genesis 5.0 trim RWD 2016 0r 2017
    10/36 and 12/36
  • MichaellMichaell Moderator Posts: 263,227
    danrudy33 said:

    Hi,

    In south florida
    Would appreciate the RV, MF and incentives for
    G80 Genesis 5.0 trim RWD 2016 0r 2017
    10/36 and 12/36

    No 2016 Genesis information.

    2017 discussion is here:

    http://forums.edmunds.com/discussion/43370/hyundai/g80/2017-genesis-hyundai-g80-lease-questions/p1?new=1

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  • rma77rma77 Member Posts: 18
    Good afternoon!
    I am back. Used edmunds forums in the past to lease a 2014 Hyundai Veloster. Loved my car. I was rear-ended and they totaled it. Back looking at cars again. I am looking at the 2016 Hyundai Genesis Coupe 3.8 Ultimate MT and not sure if this is the forum to use. I am looking for the MF and Residual Value (MSRP $35,478) for both 36 mos/15K and 42 mos/15k. I am not sure if hyundai still does not do 48 most. Can anyone help? Thanks
  • MichaellMichaell Moderator Posts: 263,227
    rma77 said:

    Good afternoon!
    I am back. Used edmunds forums in the past to lease a 2014 Hyundai Veloster. Loved my car. I was rear-ended and they totaled it. Back looking at cars again. I am looking at the 2016 Hyundai Genesis Coupe 3.8 Ultimate MT and not sure if this is the forum to use. I am looking for the MF and Residual Value (MSRP $35,478) for both 36 mos/15K and 42 mos/15k. I am not sure if hyundai still does not do 48 most. Can anyone help? Thanks

    36/15 - .00031 and 46%. $3000 lease cash

    42 and 48 month terms are not competitive, this month.

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  • 1sail0r1sail0r Member Posts: 2
    What's a good percentage off MSRP to shoot for the 3.8 Spec with 6MT? I assume you also get the $3k incentive off of the negotiated price? This seems like a cheap lease for a well rounded car. I'd be leasing in northern NJ.
  • MichaellMichaell Moderator Posts: 263,227
    1sail0r said:

    What's a good percentage off MSRP to shoot for the 3.8 Spec with 6MT? I assume you also get the $3k incentive off of the negotiated price? This seems like a cheap lease for a well rounded car. I'd be leasing in northern NJ.

    We don't track selling prices - use the 'make / model / year' pull downs at the top of the page to link to the TMV price tools.

    Yes, deduct the incentive money from the best price.

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