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Hyundai Genesis Lease Questions
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Hyundai Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan 4.6L with 15,000 miles per year are .00033 and 47%, respectively for consumers who qualify for its top credit tiers.
Car_man
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Car_man
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Car_man
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Using an MSRP of $42,050 and a selling price of $41,100, I estimate that this '12 Genesis Sedan V8 would have a zero down, pre-tax monthly payment of around $572.
Car_man
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Thanx,
Joel
Thank you so much for all of your information here!
Can you provide some updated October buy rate lease money factor and residual values?
2012 Hyundai Genesis Coupe 2.0T Premium Auto
36 month lease, 15k/yr
I am leasing in TX.
Thanks so much!
Is this a good deal? I have excellent credit and want the cheapest option (2.0T). If I would qualify for this, am I still supposed to negotiate a particular price or is this promotion sort of negating the need for all of that?
New to all of this, so thanks!
*EDIT* I just read the fine print: Lease a 2011 Hyundai Genesis Coupe 2.0T Manual Transmission Standard Package for $259/month for 36 months, $2,699 due at lease signing ($2,440 customer cash down plus $259 for 1st month payment).
I would want the automatic and this requires money down. Maybe not such a great deal.
Car_man
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Car_man
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If I was in the market for this car, I personally would shoot for a selling price of $500 or so over dealer invoice.
Car_man
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Surprisingly, I've only had a few response to my request for quotes from local dealers. My best so far is as follows for a 2012 Genesis Coupe, 2.0 Turbo Automatic:
MSRP $24,635
Internet Price before Tax and Tags: $23,682
Lease Residual Value: 61%
Money Factor .00227
$552 due at signing for tags and first payment, with a $364 monthly payment
I got a quote of $400 less if I was interested in a color actually on the lot. Is it a pretty standard fee for bringing in another car?
The only unknown is how much they will give me for my trade-in. I will say that I'm much happier with this dealership than the others I spoke to. They gave me all of the information that I asked for without any hassle, unlike the others. Everyone else wants me to tell them what my best offer is so they can undercut it and are hesitant to just give me a number.
*EDIT* The dealer invoice for this vehicle is $22,354. They should be able to come down several hundred dollars, I would think. Why does Edmonds include a $850 destination fee when calculating TMV? They have TMV as $23,911.
What is the money factor / residual value for 36,000 mile (12 per year) 36 month lease given by Chicagoland Hyundai dealers for top tier credit applicants for month of October 2011 on the 2012 Hyundai Genesis 3.8 model no upgrades?
Car_man
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Car_man
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Can you please provide the residual and money factor values for the 2012 Genesis Coupe for both the 3.8 Grand Touring & 2.0 T Premium (if they are different)? All else can be standard (36 mo, 12k mi/yr).
Also, do the lease rates typically remain the same each month for the Genesis Coupe?
Thanks!
Car_man
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The numbers for an otherwise identical lease of a Genesis Coupe 2.0T Premium are .00227 and 61%.
Car_man
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MSRP $40,045
Selling price $34,950
Dealer fee $489.00
Battery disposal $1.50
Tire disposal $5.00
Tag and title documentation $105.00
Private tag agency $15.00
By the way, the $2,000 I am putting down is $2,000 due at signing and includes the first month lease payment.
Can you work up lease numbers for Genesis Sedan 4.6 v8 based on the following:
MSRP: $45,530
Selling Price: 39,558
Fees: $623
Sales Tax 3%
36 months and 12k miles
2012 Hyundai Genesis Sedan V6
36 month lease, 15k/yr & 12k/yr.
Thanks.
Car_man
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Car_man
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Car_man
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The residual value for a lease with only 12,000 miles per year would be 1% higher.
Car_man
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I've recently started to get numbers on a R-Spec sedan - and they seemed a little high for some reason. The MSRP is around $47,500 - actual price on the car is $43,300. I live in Maryland so our sales tax on cars is 6%. The MF I was given was 0.00228, RV is 57% - (on a 15k/year lease). Payments were around $620/month....but to me the MF seems higher then normal. Is that something the dealer determines individually, or is that set across the company as a whole? I should be more then qualified for a top tier lease (almost perfect credit score)...so I'm not sure if because the sale price is below invoice, they are trying to make back money on the finance!
Let me know what you think, and also do you know what the rates might look like for December? Thanks!
Using this lease program, an MSRP of $47,500, and a selling price of $43,300, I estimate that this car's zero down, pre-tax monthly payment would be around $615.
Car_man
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Could you please give me the lease rates for a 39mo lease 12k mi on a 2012 Genesis Coupe 3.8 Track?
Thanks!
Car_man
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Thank you for your great work. Can you please help with current money gactors and residuals on 36 months lease 12/15k for genesis sedan 3.8 and 4.6.
Also, what is a reasonable sale price before the rebate. Is it reasonable to get about 39000 on a car with msrp of 44,500?
Thank you!
Can you help me with some payments. i want to get the base v6 sedan. for a 36mo 12k lease and with 0 down, what would be the monthly payments?
Thanks
Thanks,
Ron
Since you know the residual and MF rates, you will get the best deal.
Can I get the residual and MF for a Genesis 5.0 R-Spec on for 36 month lease with 12k per miles.
Also, have these numbers been consistent or you do expect MF to increase after the first of the year.
Thanks,
Srin
Can you please provide the current lease money factor and residual value for a 2012 Hyundai Genesis Sedan 3.8L V6? I'd have top tier credit.
It would be a 48 month lease with 15k/yr.
Many Thanks!
I'm in FL too...hope I have as much success.
When negotiating your lease on this car, make sure to take advantage of the $1,500 cash incentive that is currently available on it.
Car_man
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Make sure to keep in mind that Hyundai is currently providing a $1,500 cash incentive on leases of Genesis Sedans.
Car_man
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Please tell me how bad I got ripped on my 36 month, 12K/yr lease.
2012 Genesis Coupe 3.8 Grand Touring A/T
MSRP: $30885 (from Manufacturer sticker)
Extras: Pinstriping, Window Tint, ext paint treatment, etc.. They had an addl sticker but it is gone now and I think the final marked up price was around $32500..
Net Cap Cost: 27415
MF: .00235 (I think)
Residual 56%
Residual value 17604
Do you need to know anything else about the lease to know if it was a good deal?
Thanks.
do the numbers work out or was $400/mo more than I should have paid?
I don't wanna upset you but always shop around before making a buy, and let the dealer offer you a price first before you tell him what you want to pay.
Anyways, you have a new car, enjoy it and think its worth whatever you're paying.