2018 Genesis G90 Lease Deals and Prices

kyfdxkyfdx Moderator Posts: 249,363
edited December 2017 in Genesis
Ask your 2018 G90 lease questions here! Get info about prices, money factor, deals, incentives, and payments.

Check out the 2018 Genesis G90 here.

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  • jeffrey70jeffrey70 Member Posts: 23
    I would like to know the December numbers (RV/MF) for a 2018 Genesis G90 V6 AWD in Northern California, and if possible to explain differences between their Loyalty and Conquest Bonus Cash. Thanks in advance.
  • MichaellMichaell Moderator Posts: 249,027
    jeffrey70 said:

    I would like to know the December numbers (RV/MF) for a 2018 Genesis G90 V6 AWD in Northern California, and if possible to explain differences between their Loyalty and Conquest Bonus Cash. Thanks in advance.

    For 36/12, .00006 and 45%
    $7250 lease cash

    Loyalty is when you own or lease a Genesis
    Conquest is when you own or lease a specific brand of competitor

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  • jeffrey70jeffrey70 Member Posts: 23
    Thank you for being so fast on your response. Do the figures change for 36/15. On the loyalty cash, is that for current owners only? We have had Genesis products in the past
  • kyfdxkyfdx Moderator Posts: 249,363
    jeffrey70 said:

    Thank you for being so fast on your response. Do the figures change for 36/15. On the loyalty cash, is that for current owners only? We have had Genesis products in the past

    Subtract 2% for 15K/yr

    Current owners

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  • drewpark21drewpark21 Member Posts: 42
    Hi!

    Researching the new 2018 G90 5.0 Ultimate. What is the MF and residual for the 5.0 Ultimate (15K, 36 months) in the Northwest?

    Thank you!
  • jeffrey70jeffrey70 Member Posts: 23
    Any idea what Genesis or the dealer might charge to get a car from Utah to Northern California or can just pick a number?
  • MichaellMichaell Moderator Posts: 249,027

    Hi!

    Researching the new 2018 G90 5.0 Ultimate. What is the MF and residual for the 5.0 Ultimate (15K, 36 months) in the Northwest?

    Thank you!

    RWD or AWD?

    You're cross shopping a G90 with a minivan? I'm confused ....

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  • MichaellMichaell Moderator Posts: 249,027
    jeffrey70 said:

    Any idea what Genesis or the dealer might charge to get a car from Utah to Northern California or can just pick a number?

    Ship via truck or have it driven?

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  • jeffrey70jeffrey70 Member Posts: 23
    truck by the dealer in SF
  • kyfdxkyfdx Moderator Posts: 249,363
    jeffrey70 said:

    truck by the dealer in SF

    Probably $500, at least

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  • drewpark21drewpark21 Member Posts: 42
    edited December 2017
    Michaell said:

    Hi!

    Researching the new 2018 G90 5.0 Ultimate. What is the MF and residual for the 5.0 Ultimate (15K, 36 months) in the Northwest?

    Thank you!

    RWD or AWD?

    You're cross shopping a G90 with a minivan? I'm confused ....
    AWD please.

    I'm having to shop for 3 vehicles, so I'm all over the place haha.
  • MichaellMichaell Moderator Posts: 249,027

    Michaell said:

    Hi!

    Researching the new 2018 G90 5.0 Ultimate. What is the MF and residual for the 5.0 Ultimate (15K, 36 months) in the Northwest?

    Thank you!

    RWD or AWD?

    You're cross shopping a G90 with a minivan? I'm confused ....
    AWD please.

    I'm having to shop for 3 vehicles, so I'm all over the place haha.
    .00044 and 44%
    $7250 lease cash

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  • drewpark21drewpark21 Member Posts: 42
    Thanks!
  • jeffrey70jeffrey70 Member Posts: 23
    Is it too early to have the lease rates and cash for January for a G90 3.3T AWD 36/15K in Northern California?
    Thanks
  • MichaellMichaell Moderator Posts: 249,027
    jeffrey70 said:

    Is it too early to have the lease rates and cash for January for a G90 3.3T AWD 36/15K in Northern California?
    Thanks

    .00007 and 42%; $8000 lease cash

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  • ken0938ken0938 Member Posts: 5
    What is a good lease payment on a 2018 G90 42D 3.3
  • ken0938ken0938 Member Posts: 5
    Looking for help on what would be a good lease on a 2018 G90 RWD 3.3 for 36/12k? Not sure what money factor, discount, and cap cost I should look for.
  • kyfdxkyfdx Moderator Posts: 249,363
    ken0938 said:

    Looking for help on what would be a good lease on a 2018 G90 RWD 3.3 for 36/12k? Not sure what money factor, discount, and cap cost I should look for.

    .00025 MF and 45% residual
    $8000 lease cash

    Sorry, but no idea on pricing.

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  • ken0938ken0938 Member Posts: 5
    So I am a little confused. The dealer is giving $8000 discount and if I put down $1000; if MSRP is $69325. Why is the cap cost $66548.62? I even see a cap cost reduction of $4583.76. Can you explain how they are getting to $899 a month for 36 month. And they were also covering the first payment. There is a doc fee of $799 and residual is $31196.25
  • ken0938ken0938 Member Posts: 5
    Would this be a good deal to make?
  • MichaellMichaell Moderator Posts: 249,027
    ken0938 said:

    So I am a little confused. The dealer is giving $8000 discount and if I put down $1000; if MSRP is $69325. Why is the cap cost $66548.62? I even see a cap cost reduction of $4583.76. Can you explain how they are getting to $899 a month for 36 month. And they were also covering the first payment. There is a doc fee of $799 and residual is $31196.25

    ken0938 said:

    Would this be a good deal to make?

    You'll have to ask the dealer how they got to that cap cost number.

    Taxes? Fees? Junk? The more you know, the better we can help.

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  • ken0938ken0938 Member Posts: 5
    So that’s my question, should cap cost be MSRP minus the Discount? Which would make it $61325? Or should it be the $66548 minus the discount of $8000 and the $1000 down? I am not sure how cap cost is determine?
  • kyfdxkyfdx Moderator Posts: 249,363
    ken0938 said:

    So that’s my question, should cap cost be MSRP minus the Discount? Which would make it $61325? Or should it be the $66548 minus the discount of $8000 and the $1000 down? I am not sure how cap cost is determine?

    CAP cost:
    MSRP minus discount, plus acquisition fee, doc fee, DMV fees, F&I sale items, etc, etc, etc..

    If this is Florida, then there is upfront tax on CAP cost reductions (rebates, money down), and then the monthly payment is taxed.

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  • drewpark21drewpark21 Member Posts: 42
    Hi,

    What are the numbers for 15,000 miles, 36 months:
    1. AWD, 3.3T Premium
    2. AWD, 5.0T Ultimate

    Any lease cash/incentives available?

    Thank you!
  • MichaellMichaell Moderator Posts: 249,027

    Hi,

    What are the numbers for 15,000 miles, 36 months:
    1. AWD, 3.3T Premium
    2. AWD, 5.0T Ultimate

    Any lease cash/incentives available?

    Thank you!

    1. .00007 and 42%
    2. .00045 and 43%
    $8000 lease cash

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  • dpcarreradpcarrera Member Posts: 1
    edited February 2018
    Michaell... Are these numbers the same for February/2018?

    15,000 miles, 36 months
    1. AWD, 3.3T Premium - .00007 and 42%
    2. AWD, 5.0T Ultimate - .00045 and 43%
    $8000 lease cash

    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 249,363
    dpcarrera said:

    Michaell... Are these numbers the same for February/2018?

    15,000 miles, 36 months
    1. AWD, 3.3T Premium - .00007 and 42%
    2. AWD, 5.0T Ultimate - .00045 and 43%
    $8000 lease cash

    Thanks in advance.

    Yes

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  • MZA212MZA212 Member Posts: 355
    Hello,
    Can i have numbers for G80 RWD and G90 RWD 3yr/12k for S. Florida please and also incentives. Thanks
  • kyfdxkyfdx Moderator Posts: 249,363
    mzia said:

    Hello,
    Can i have numbers for G80 RWD and G90 RWD 3yr/12k for S. Florida please and also incentives. Thanks

    For the G90: Premium or Ultimate?

    Please ask G80 questions, here:
    https://forums.edmunds.com/discussion/46400/genesis/g80/2018-genesis-g80-lease-deals-and-prices#latest

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  • carguy2kcarguy2k Member Posts: 7
    Hi! I'm considering either buying or leasing a 2018 G90 5.0 Ultimate AWD. Here are the details...You rock for doing this for people BTW. Thanks

    MSRP is $75325.

    Purchase price is $71815. Market Value for your trade is $15000.

    Initial Cap. Cost $65926.38

    45% lease end value $33896.25

    Money Factor 0.00085

    With your trade and approx. 20% down, $12000, your payments would be $849 incl. all taxes and fees. At special Genesis financing rate of 0.9%.

    Lease the car for 36k miles/36 months for $599 per month incl. tax with your trade and upfronts of $1268.
  • MichaellMichaell Moderator Posts: 249,027
    carguy2k said:

    Hi! I'm considering either buying or leasing a 2018 G90 5.0 Ultimate AWD. Here are the details...You rock for doing this for people BTW. Thanks

    MSRP is $75325.

    Purchase price is $71815. Market Value for your trade is $15000.

    Initial Cap. Cost $65926.38

    45% lease end value $33896.25

    Money Factor 0.00085

    With your trade and approx. 20% down, $12000, your payments would be $849 incl. all taxes and fees. At special Genesis financing rate of 0.9%.

    Lease the car for 36k miles/36 months for $599 per month incl. tax with your trade and upfronts of $1268.

    .00045 and 45% for 36/12; MF is marked up the max allowed.

    We do not recommend using trade equity to buy down your lease payment. It masks the true cost of the lease, and that up front money would be lost if the car is stolen or totaled.

    Ask them to provide you the cap cost and payment quote with only the first payment and registration costs paid up front. I doubt it will result in a $599/mo lease payment.

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  • carguy2kcarguy2k Member Posts: 7
    Thanks. So what should I shoot for in those numbers?
  • MichaellMichaell Moderator Posts: 249,027
    carguy2k said:

    Thanks. So what should I shoot for in those numbers?

    You don't want to negotiate the payment; you want to negotiate the selling price, then ensure the MF isn't marked up, and watch out for junk fees.

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  • carguy2kcarguy2k Member Posts: 7
    ok thanks. whats a good MF? Should I also be negotiating the % (right now it shows 45%) at the end of the lease?
  • MichaellMichaell Moderator Posts: 249,027
    carguy2k said:

    ok thanks. whats a good MF? Should I also be negotiating the % (right now it shows 45%) at the end of the lease?

    .00045 is the base MF and is your target

    The residual value is set by the bank and cannot be altered.

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  • carguy2kcarguy2k Member Posts: 7
    Ok, heres' what I got back: G90 for 36 months 12k/year with just up fronts/1st payment due @ signing $1,618.00 total payment would be $949.00 including tax.

    CURIOUS...With a $949 monthly I feel like I'd just rather dumpy my trade in into a finance, pay $1K a month and in a two years if I want to get rid of the G90, I could...What am I missing in regard to the lease benefits?
  • MichaellMichaell Moderator Posts: 249,027
    carguy2k said:

    Ok, heres' what I got back: G90 for 36 months 12k/year with just up fronts/1st payment due @ signing $1,618.00 total payment would be $949.00 including tax.

    CURIOUS...With a $949 monthly I feel like I'd just rather dumpy my trade in into a finance, pay $1K a month and in a two years if I want to get rid of the G90, I could...What am I missing in regard to the lease benefits?

    Need to know the prices behind that lease quote to know what's going on.

    Marked up MF?
    Junk fees?

    But, I agree with you, you can finance the car for that amount per month. No advantage to leasing, based on this one quote.

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  • carguy2kcarguy2k Member Posts: 7
    edited April 2018
    ok, here's the whole enchilada...Plus the dealers opinion on it...

    "71,707.54 less 8,000 lease cash which brings it down to 63,807.54 plus 750 acq fee brings you too $64,457.54


    Bottom line here is the break down:

    $1618 due @ signing then 35 remainig payments @ 949 totals $34,833 for lease in total. Lease end value is $33,896.25 that totals $68,729.25. Cheaper to lease to buy than buy outright.

    In terms of purchase Genesis Finance offering $1,000 GF bonus cash and 09% financing for 60 months.

    My advice would be lease see where you are at with the car if you love the car and the purchase price of $33896.25 is a good based on market value in 3 years buy it out still less than outright purchase."

    OK SO...It seems that what I want to do is negotiate the $71K down to something more palatable and then have them plug that into the above lease which would then be pretty aggressive due to the $8K in lease cash...Am I understanding that right?
  • MichaellMichaell Moderator Posts: 249,027
    carguy2k said:

    ok, here's the whole enchilada...Plus the dealers opinion on it...

    "71,707.54 less 8,000 lease cash which brings it down to 63,807.54 plus 750 acq fee brings you too $64,457.54


    Bottom line here is the break down:

    $1618 due @ signing then 35 remainig payments @ 949 totals $34,833 for lease in total. Lease end value is $33,896.25 that totals $68,729.25. Cheaper to lease to buy than buy outright.

    In terms of purchase Genesis Finance offering $1,000 GF bonus cash and 09% financing for 60 months.

    My advice would be lease see where you are at with the car if you love the car and the purchase price of $33896.25 is a good based on market value in 3 years buy it out still less than outright purchase."

    OK SO...It seems that what I want to do is negotiate the $71K down to something more palatable and then have them plug that into the above lease which would then be pretty aggressive due to the $8K in lease cash...Am I understanding that right?

    Yes, for every $1000 you take off the price, the lease payment drops by approximately $28/mo.

    And, with the base MF, I get $949/mo as well, assuming 6.25% sales tax rate.

    I dunno, there are a lot of nice cars you can lease for $1000/mo. You sure you like the G90 that much? The lease program on them just isn't that great - mainly, it's the pitifully low residual that hurts.

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  • carguy2kcarguy2k Member Posts: 7
    edited April 2018
    yeah...I guess the $8K off is to help offset that. If I can get an aggressive purchase price I may just go that way...Though it seems like if I'm going to ultimately OWN the car (either finance, cash or lease) then lease has the most incentives and is the least expensive.
  • jduffeytxjduffeytx Member Posts: 24
    Received the following quote for a 2018 G90 5.0 Ultimate AWD. Does this look like a good deal? Anything I missed?

    MSRP = $72825

    Purchase price is $64824

    Initial Cap Cost = $69675.50 (after adding acq. fee-$500, doc fee-$150, 6.25% sales tax)

    $1800 cash down (includes first month's payment, title, state inspection, etc.)
    $2000 dealer rebate

    Adjusted Cap Cost = $65875.50

    36 month term, 10k miles, 47% Residual

    Money Factor = 0.00045

    Payments = $924.15/month
  • MichaellMichaell Moderator Posts: 249,027
    jduffeytx said:

    Received the following quote for a 2018 G90 5.0 Ultimate AWD. Does this look like a good deal? Anything I missed?

    MSRP = $72825

    Purchase price is $64824

    Initial Cap Cost = $69675.50 (after adding acq. fee-$500, doc fee-$150, 6.25% sales tax)

    $1800 cash down (includes first month's payment, title, state inspection, etc.)
    $2000 dealer rebate

    Adjusted Cap Cost = $65875.50

    36 month term, 10k miles, 47% Residual

    Money Factor = 0.00045

    Payments = $924.15/month

    36/10 residual should be 46%.

    I confirm the MF

    There is $8000 lease cash on this vehicle.

    What state is this?

    With those prices, I get $944/mo

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  • jduffeytxjduffeytx Member Posts: 24
    Hi @Michaell - thanks for your response. This is in Texas. Here's the sheet they provided me. Residual shows 47%. See anything I can cut down?

  • MichaellMichaell Moderator Posts: 249,027
    jduffeytx said:

    Hi @Michaell - thanks for your response. This is in Texas. Here's the sheet they provided me. Residual shows 47%. See anything I can cut down?

    My apologies - was reading my charts wrong. 47% is the correct 36/10 residual.

    I get the same payment as the worksheet.

    Only way to improve on the deal is get a bigger discount from sticker - only $1600?

    Does the dealer know that nobody wants to get a sedan? 2% seems really, er, lame.

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  • renopeterenopete Member Posts: 3
    Michaell, back in the forum after a while. Looking at perhaps a G90 for 36/12K, Ultimate 5.0. I am retired now (Nevada) and my financial adviser has counseled me to NOT put anything extra into a depreciating asset—no down payment, no cap cost, etc.. In your current experience, what’s the best bang for the buck in the $750-900/month range. I know sedans are passé but I am looking for a sedan or a sport back (GT). Thanks.
  • MichaellMichaell Moderator Posts: 249,027
    renopete said:

    Michaell, back in the forum after a while. Looking at perhaps a G90 for 36/12K, Ultimate 5.0. I am retired now (Nevada) and my financial adviser has counseled me to NOT put anything extra into a depreciating asset—no down payment, no cap cost, etc.. In your current experience, what’s the best bang for the buck in the $750-900/month range. I know sedans are passé but I am looking for a sedan or a sport back (GT). Thanks.

    There are a lot of nice choices available - I'd suggest you do some research and test drive a few that catches your eye and see what appeals to you.

    A good lease deal isn't that good if you don't like the car.

    Assuming RWD, .00072 and 46%; $8000 lease cash

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  • renopeterenopete Member Posts: 3
    Thanks, have done all that. Cadillac CT6 doesn’t appear to have good plans; BMW seems to be like MB in option costs. Audi is between a lot of model cycles. I do like the G90 (AWD-WE GET SNOW IN RENO). I also like the Volvo S90, Kia Singer GT2 AWD. I keep coming back to those 3. I’m coming out of a Tesla so I am over brand cache for now.
  • kyfdxkyfdx Moderator Posts: 249,363
    renopete said:

    Thanks, have done all that. Cadillac CT6 doesn’t appear to have good plans; BMW seems to be like MB in option costs. Audi is between a lot of model cycles. I do like the G90 (AWD-WE GET SNOW IN RENO). I also like the Volvo S90, Kia Singer GT2 AWD. I keep coming back to those 3. I’m coming out of a Tesla so I am over brand cache for now.

    S90 probably has the best lease program

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  • dbustingtondbustington Member Posts: 4
    Hi,

    Thanks for all of the support on this board!

    Can you let me know the Money Factor and Residual (36/10 & 36/12) in CT for the Genesis G90 AWD 5.0 Ultimate package for this month plus this month's incentives?

    I appreciate the help!
  • jduffeytxjduffeytx Member Posts: 24
    @dbustington the answers to the MF and residual value are literally a few posts above yours.
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