2015 Hyundai Genesis Lease Questions

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  • chadpounderchadpounder Member Posts: 8
    Looking for May lease numbers (36/12) for 5.0.? Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 269,348
    chadpounder said:

    Looking for May lease numbers (36/12) for 5.0.? Thanks in advance!

    .00003 MF and 54% residual. $1500 lease cash.

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  • joesaojoesao Member Posts: 19
    Hi, a bit confused as I've seen some different numbers here; could you please confirm the MF and resi for a 2015 Hyundai Genesis 3.8 RWD, 10k miles, 36mo lease, in Florida?

    When you say $1,500 lease cash you just mean that is an offset to the capitalized cost (manuf incentive), correct?

    Thanks so much.
  • MichaellMichaell Moderator Posts: 266,329
    joesao said:

    Hi, a bit confused as I've seen some different numbers here; could you please confirm the MF and resi for a 2015 Hyundai Genesis 3.8 RWD, 10k miles, 36mo lease, in Florida?

    When you say $1,500 lease cash you just mean that is an offset to the capitalized cost (manuf incentive), correct?

    Thanks so much.

    .00022 and 59% for 36/10. $1500 lease cash, which is a factory to dealer incentive; the dealer can choose to pass that along to the customer to either lower the cap price or to cover the up front costs of a lease, such as the acquisition fee, etc.

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  • joesaojoesao Member Posts: 19
    Great, thank you!
  • chadpounderchadpounder Member Posts: 8
    Can the $1500 lease bonus cash be added to the $1000 loyalty offer?
  • kyfdxkyfdx Moderator Posts: 269,348
    chadpounder said:

    Can the $1500 lease bonus cash be added to the $1000 loyalty offer?

    Probably, but you'd have to check with the dealer for certainty.

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  • albert_einalbert_ein Member Posts: 2
    Hello all - can someone tell me the MF and residual for a 2015 Genesis V6 RWD 36 month/15K lease in the 92619 area code? Thanks!
  • MichaellMichaell Moderator Posts: 266,329
    albert_ein said:

    Hello all - can someone tell me the MF and residual for a 2015 Genesis V6 RWD 36 month/15K lease in the 92619 area code? Thanks!

    .00022 and 56%. $1500 lease cash.

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  • chadpounderchadpounder Member Posts: 8
    1. Are lease acquisition and lease disposal fees common/required with Hyundai Financial leases? If so, what do they run? 2. Is a documentation fee already included in the base cap cost or additional cost? Thanks everybody for their help. Getting armed and ready for battle this week/end of month!
  • kyfdxkyfdx Moderator Posts: 269,348
    chadpounder said:

    1. Are lease acquisition and lease disposal fees common/required with Hyundai Financial leases? If so, what do they run? 2. Is a documentation fee already included in the base cap cost or additional cost? Thanks everybody for their help. Getting armed and ready for battle this week/end of month!

    1) They are common to every leasing company/bank.

    2) $595 acq.fee for Hyundai. Don't know the disposition fee, but it's on the contract and not paid until lease end.

    3) Doc fees are just a nice way to add extra profit to the deal. They could be anywhere. There is no customary place.

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  • wntlandrvrwntlandrvr Member Posts: 29
    just leased a Genesis 6 cylinder with Signature and tech pkg. $350 +tax, 12,000 yr. $1100 total down. 3 years. Best deal we could get. Why do the different dealers play such games??
  • MichaellMichaell Moderator Posts: 266,329
    wntlandrvr said:

    just leased a Genesis 6 cylinder with Signature and tech pkg. $350 +tax, 12,000 yr. $1100 total down. 3 years. Best deal we could get. Why do the different dealers play such games??

    That's a pretty good deal ...care to share the particulars?

    MSRP, selling price, dealership, location and tax rate?

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  • busydad1busydad1 Member Posts: 25
    I am working on a lease for Genesis Sedan AWD base (no option packages). I have MSRP 41750 and cost of $36700 after rebates. Residual of .60 and money factor of .00039 on 10,000 mile a year lease. Cost of $415 a month with nothing down or $2500 to cover $1339 state tax (NY), registration and $595 admin fee leaves a payment of $348.

    I am considering trading in a car for about $3000 extra. What will that reduce my payments to? Does this sound like a good deal?

    Thanks.
  • MichaellMichaell Moderator Posts: 266,329
    busydad1 said:

    I am working on a lease for Genesis Sedan AWD base (no option packages). I have MSRP 41750 and cost of $36700 after rebates. Residual of .60 and money factor of .00039 on 10,000 mile a year lease. Cost of $415 a month with nothing down or $2500 to cover $1339 state tax (NY), registration and $595 admin fee leaves a payment of $348.

    I am considering trading in a car for about $3000 extra. What will that reduce my payments to? Does this sound like a good deal?

    Thanks.

    I'm getting $348/mo as well if you cover your costs up front.

    We do not recommend you using trade equity to buy down the payment ... if the car is stolen or totaled, you lose that money. Have the dealer write you a check for the equity.

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  • busydad1busydad1 Member Posts: 25
    Thanks - what about upfront taxes if car is stolen/totalled? Would the balance be refunded?
    Have never leased - usually just buy the cars cash upfront but I am now driving only about 5,000 miles a year so thought low mileage lease might make sense.
  • MichaellMichaell Moderator Posts: 266,329
    busydad1 said:

    Thanks - what about upfront taxes if car is stolen/totalled? Would the balance be refunded?
    Have never leased - usually just buy the cars cash upfront but I am now driving only about 5,000 miles a year so thought low mileage lease might make sense.

    No - it's the same as if you bought the car, then totaled it. State gets their money.

    If you're only driving 5,000 mile a year, a 12,000 mile per year lease doesn't make sense .. you're paying for miles you won't drive.

    Might be better to find a CPO vehicle and drive that for years and years.

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  • busydad1busydad1 Member Posts: 25
    True - considered that but I plan to drive the leased car to the full 10,000 miles a year to take some driving off of my other car that I own outright (2014 Mercedes ML350, bought CPO with 5,000 miles on it ) since that car gets lots if use now. I also have a fine running 2006 Mercury Montego AWD that I would trade - I could just keep this car and use it like I do now, but I want something nicer and newer and I'll use up the lease miles on kids sports road trips that now go on the ML.
  • andamioandamio Member Posts: 8
    edited May 2015
    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful!

    ---
    2015 Genesis 3.8 RWD Signature Package + Tech Package
    MSRP: $48,925.00
    36 Months / 12K
    $1500 total out of pocket
    $365 Tax In
    ---
    2015 Genesis 5.0 RWD Ultimate Package
    MSRP: $55,885.00
    36 Months / 12K
    $1500 total out of pocket
    $480 Tax In
    ---

    Do the numbers look good ? Realistically, what the lowest i can get these vehicles ?

    Thanks!
  • MichaellMichaell Moderator Posts: 266,329
    andamio said:
    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful! --- 2015 Genesis 3.8 RWD Signature Package + Tech Package MSRP: $48,925.00 36 Months / 12K $1500 total out of pocket $365 Tax In --- 2015 Genesis 5.0 RWD Ultimate Package MSRP: $55,885.00 36 Months / 12K $1500 total out of pocket $480 Tax In --- Do the numbers look good ? Realistically, what the lowest i can get these vehicles ? Thanks!
    Need to know the selling prices before we can model a payment. 

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  • andamioandamio Member Posts: 8
    Michaell said:


    andamio said:

    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful!

    ---
    2015 Genesis 3.8 RWD Signature Package + Tech Package
    MSRP: $48,925.00
    36 Months / 12K
    $1500 total out of pocket
    $365 Tax In
    ---
    2015 Genesis 5.0 RWD Ultimate Package
    MSRP: $55,885.00
    36 Months / 12K
    $1500 total out of pocket
    $480 Tax In
    ---

    Do the numbers look good ? Realistically, what the lowest i can get these vehicles ?

    Thanks!

    Need to know the selling prices before we can model a payment. 

    Dealer got back at me with prices.

    3.8 = $46.5K
    5.0 = $50.5K

    Thanks!
  • MichaellMichaell Moderator Posts: 266,329
    andamio said:

    Michaell said:


    andamio said:

    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful!

    ---
    2015 Genesis 3.8 RWD Signature Package + Tech Package
    MSRP: $48,925.00
    36 Months / 12K
    $1500 total out of pocket
    $365 Tax In
    ---
    2015 Genesis 5.0 RWD Ultimate Package
    MSRP: $55,885.00
    36 Months / 12K
    $1500 total out of pocket
    $480 Tax In
    ---

    Do the numbers look good ? Realistically, what the lowest i can get these vehicles ?

    Thanks!

    Need to know the selling prices before we can model a payment. 
    Dealer got back at me with prices.

    3.8 = $46.5K
    5.0 = $50.5K

    Thanks!

    Lease numbers on the 3.8 RWD are 58% and .00022; for the V8, 54% and .00003. $1500 lease cash on both.

    Using your MSRP and selling prices, I get a pre-tax payment of $520 on the V6, and $567 on the V8.

    I'd ask the dealer what the net cap cost is for both, and the breakdown of the $1500 due at signing. Your quotes look a little too good to be true.

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  • andamioandamio Member Posts: 8
    Michaell said:

    andamio said:

    Michaell said:


    andamio said:

    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful!

    ---
    2015 Genesis 3.8 RWD Signature Package + Tech Package
    MSRP: $48,925.00
    36 Months / 12K
    $1500 total out of pocket
    $365 Tax In
    ---
    2015 Genesis 5.0 RWD Ultimate Package
    MSRP: $55,885.00
    36 Months / 12K
    $1500 total out of pocket
    $480 Tax In
    ---

    Do the numbers look good ? Realistically, what the lowest i can get these vehicles ?

    Thanks!

    Need to know the selling prices before we can model a payment. 
    Dealer got back at me with prices.

    3.8 = $46.5K
    5.0 = $50.5K

    Thanks!
    Lease numbers on the 3.8 RWD are 58% and .00022; for the V8, 54% and .00003. $1500 lease cash on both.

    Using your MSRP and selling prices, I get a pre-tax payment of $520 on the V6, and $567 on the V8.

    I'd ask the dealer what the net cap cost is for both, and the breakdown of the $1500 due at signing. Your quotes look a little too good to be true.

    Seems like the $480 was for the base 5.0 and not the Ultimate, that was my mistake, but i managed to get a 5.0 Ultimate for $500 tax in, $1500 out of pocket (including the first month) 36 Month/12K, I will close the deal very soon!!
  • MichaellMichaell Moderator Posts: 266,329
    andamio said:

    Michaell said:

    andamio said:

    Michaell said:


    andamio said:

    Hi all, i just received these 2 quotes from a dealership in Miami on the 3.8 and 5.0, i'm planning to pull the trigger, so comments will be really helpful!

    ---
    2015 Genesis 3.8 RWD Signature Package + Tech Package
    MSRP: $48,925.00
    36 Months / 12K
    $1500 total out of pocket
    $365 Tax In
    ---
    2015 Genesis 5.0 RWD Ultimate Package
    MSRP: $55,885.00
    36 Months / 12K
    $1500 total out of pocket
    $480 Tax In
    ---

    Do the numbers look good ? Realistically, what the lowest i can get these vehicles ?

    Thanks!

    Need to know the selling prices before we can model a payment. 
    Dealer got back at me with prices.

    3.8 = $46.5K
    5.0 = $50.5K

    Thanks!
    Lease numbers on the 3.8 RWD are 58% and .00022; for the V8, 54% and .00003. $1500 lease cash on both.

    Using your MSRP and selling prices, I get a pre-tax payment of $520 on the V6, and $567 on the V8.

    I'd ask the dealer what the net cap cost is for both, and the breakdown of the $1500 due at signing. Your quotes look a little too good to be true.
    Seems like the $480 was for the base 5.0 and not the Ultimate, that was my mistake, but i managed to get a 5.0 Ultimate for $500 tax in, $1500 out of pocket (including the first month) 36 Month/12K, I will close the deal very soon!!

    Excellent - congratulations!

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  • nicksmu17nicksmu17 Member Posts: 187
    edited May 2015
    What is the money factor and residual on 2015 AWD Ultimate....36 month/ 10k or 12k miles? Are there any lease numbers on a 24 month?
    Also, what incentives are available? Do I take these off the lowest negotiated price?

    Thanks
  • MichaellMichaell Moderator Posts: 266,329
    nicksmu17 said:

    What is the money factor and residual on 2015 AWD Ultimate....36 month/ 10k or 12k miles? Are there any lease numbers on a 24 month?
    Also, what incentives are available? Do I take these off the lowest negotiated price?

    Thanks

    .00039 and 59% for 36/12. Add 1% for 10K. $1500 lease cash - yes, negotiate your best price first then subtract it.

    No 24 month programs on the Genesis.

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  • nicksmu17nicksmu17 Member Posts: 187
    edited May 2015
    What about conquest cash? I currently have BMW? And is that the same deal, negiote best price then take off?

    Also is their a page on this site that comments on the best lease deals going...I have no preference on what kind of half luxury/luxury car I want, just like absurd deals...Would love to know what people think is the best lease deal?
  • chadpounderchadpounder Member Posts: 8
    edited May 2015
    Pulled the trigger this week. Here are the figures: (36 mo/12K per year)

    5.0 Standard package with (cargo tray, wheel locks, first aid kit, rear bumper protector): $52,705
    Dealer extras: window tint, door edge guards, pin stripping, nitro filled tires
    Maintenance extras: oil changes, tire rotations, paint sealant, ding repair, interior (leather, carpet repair), excess wear and tear protection waiver (just learned about this right before I made the deal. can pretty much turn the car in with bald tires, a cracked windshield and a dented wheel and not have to pay penalty)
    Money factor: 0.00003
    Residual: 54%
    Selling price: $49.413
    Rebates/Cap cost reduction: $1500 lease bonus cash, $1000 loyalty bonus
    First month payment at signing ($500), no security deposit, nothing additional down
    $500/mo. total.

    Thoughts? Although you never know by a dealers attitude, I feel that I won this battle.
  • MichaellMichaell Moderator Posts: 266,329
    nicksmu17 said:

    What about conquest cash? I currently have BMW? And is that the same deal, negiote best price then take off?

    Also is their a page on this site that comments on the best lease deals going...I have no preference on what kind of half luxury/luxury car I want, just like absurd deals...Would love to know what people think is the best lease deal?

    Use the "Car Research" tab at the top of the page to link to customer incentives.

    No discussion I'm aware of that consolidates all the best deals into one place. Gotta scour the forums one by one, sorry.

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  • busydad1busydad1 Member Posts: 25
    Most of the genesis lease deals are expiring today. Any info. on extension of them and/or new deals? I'm still negotiating but dealer didn't seem concerned about holding his offer price (maybe it's way too high!).

    AWD Base
    MSRP $41,730
    PRICE $36,700
    .00039 MF
    36 Months
    10K per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $348 per month lease

    I am asking for $35,900 plus more on my trade in
  • MichaellMichaell Moderator Posts: 266,329
    busydad1 said:

    Most of the genesis lease deals are expiring today. Any info. on extension of them and/or new deals? I'm still negotiating but dealer didn't seem concerned about holding his offer price (maybe it's way too high!).

    AWD Base
    MSRP $41,730
    PRICE $36,700
    .00039 MF
    36 Months
    10K per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $348 per month lease

    I am asking for $35,900 plus more on my trade in

    We won't have the June numbers until later tomorrow at the earliest. Can't say what will happen with the numbers.

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  • mjmart85mjmart85 Member Posts: 24
    Any word on the new June lease numbers or deals? In South Florida looking to lease a 3.8 + Signature package ....
  • busydad1busydad1 Member Posts: 25
    Dealer went for:

    AWD Base
    MSRP $41,730
    PRICE $35,900
    .00039 MF
    36 Months
    10K per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $325 per month lease

    Also is givng me a few hundred more on trade-in - I'll just take the check - thanks for that advice.

    Now he just needs to find color I want and we are done. I think this is a pretty good deal. BTW - Hyundia site lists an extension until July 6 on most lease/finance deals.
  • kyfdxkyfdx Moderator Posts: 269,348
    Sorry.. we didn't get the Hyundai lease numbers for June

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  • db21db21 Member Posts: 16
    Any numbers available for June?
  • kyfdxkyfdx Moderator Posts: 269,348
    db21 said:

    Any numbers available for June?

    Sorry.. unfortunately not.

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  • basspro2basspro2 Member Posts: 7
    June 12/36 lease numbers for 3.8 rwd please
  • kyfdxkyfdx Moderator Posts: 269,348
    basspro2 said:

    June 12/36 lease numbers for 3.8 rwd please

    Sorry, but we didn't get the Hyundai lease numbers for June.

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  • busydad1busydad1 Member Posts: 25
    Changed my deal slightly.

    AWD Signature
    MSRP: $45,630
    COST: $38,900
    MF: .00039
    TERM: 36 Months
    10K miles per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $346 per month

    Seem like a good deal?
  • kyfdxkyfdx Moderator Posts: 269,348
    mjmart85 said:

    Any word on the new June lease numbers or deals? In South Florida looking to lease a 3.8 + Signature package ....

    .00022 MF and 58% residual for 36mo, 12K/yr. $1500 lease cash.

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  • kyfdxkyfdx Moderator Posts: 269,348
    basspro2 said:

    June 12/36 lease numbers for 3.8 rwd please

    .00022 MF and 58% residual. $1500 lease cash.

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  • kyfdxkyfdx Moderator Posts: 269,348
    busydad1 said:

    Changed my deal slightly.

    AWD Signature
    MSRP: $45,630
    COST: $38,900
    MF: .00039
    TERM: 36 Months
    10K miles per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $346 per month

    Seem like a good deal?

    Looks good.. those are the correct numbers for June.

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  • nicksmu17nicksmu17 Member Posts: 187
    What is MF and residual for AWD ultimate, 36 month both 10k and 12k miles....in Illinois....

    Also any lease cash or other incentives?
  • kyfdxkyfdx Moderator Posts: 269,348
    nicksmu17 said:

    What is MF and residual for AWD ultimate, 36 month both 10k and 12k miles....in Illinois....

    Also any lease cash or other incentives?

    .00039 MF and 59%/60% residual. $1500 lease cash

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  • andamioandamio Member Posts: 8
    Hi all, just wanted to share the deal i closed this afternoon after a few weeks of negotiation, in case anyone can use this information:

    2015 Genesis 5.0 Ultimate Package
    36/12K
    1000 total out of pocket including 1st month, tag, fees etc.
    $475 a month, tax included.
    White with black interior.
    Miami, FL.

    Thanks to everyone, mods and the great information on this forum.
  • kyfdxkyfdx Moderator Posts: 269,348
    andamio said:

    Hi all, just wanted to share the deal i closed this afternoon after a few weeks of negotiation, in case anyone can use this information:

    2015 Genesis 5.0 Ultimate Package
    36/12K
    1000 total out of pocket including 1st month, tag, fees etc.
    $475 a month, tax included.
    White with black interior.
    Miami, FL.

    Thanks to everyone, mods and the great information on this forum.

    Congrats on the new car!

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  • basspro2basspro2 Member Posts: 7
    Could you also provide lease numbers for rwd base 15k/36mos?
    Thanks
  • kyfdxkyfdx Moderator Posts: 269,348
    basspro2 said:

    Could you also provide lease numbers for rwd base 15k/36mos?
    Thanks

    .00022 MF and 56% residual. $1500 lease cash.

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  • busydad1busydad1 Member Posts: 25
    Made the deal last night.


    Genesis 3.8 AWD Signature
    Silver Santiago with black interior
    MSRP: $45,630
    COST: $38,900
    MF: .00039
    TERM: 36 Months
    10K miles per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $346 per month

    Also got full tire and rim insurance for term of lease (no charge), interior (leather rugs etc) and exterior paint insurance (no charge) for term of lease, first 3 oil changes for free (tried for full maintenance and excess wear and tear insurance but they wouldn't do it).

    The car is beautiful and I've had many Mercedes, Lexus, BMW but this is right there.

    Thanks!
  • MichaellMichaell Moderator Posts: 266,329
    busydad1 said:

    Made the deal last night.


    Genesis 3.8 AWD Signature
    Silver Santiago with black interior
    MSRP: $45,630
    COST: $38,900
    MF: .00039
    TERM: 36 Months
    10K miles per year
    .60 residual
    Pay first month, taxes and DMV upfront (about $2500 in NY)
    $346 per month

    Also got full tire and rim insurance for term of lease (no charge), interior (leather rugs etc) and exterior paint insurance (no charge) for term of lease, first 3 oil changes for free (tried for full maintenance and excess wear and tear insurance but they wouldn't do it).

    The car is beautiful and I've had many Mercedes, Lexus, BMW but this is right there.

    Thanks!

    Excellent deal - $346/mo for a car that stickers at almost $46K is fantastic.

    When my current Hyundai lease is up I may have to consider this .. not much more than a lease on a loaded Camry or Accord.

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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