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Prices Paid: Buying & Leasing Experiences Hyundai Genesis Prices Paid and Buying Experience
227 messages, Last post on Nov 30, 2009 at 5:29 PM
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I have an offer from the dealer for the following: 2009 Genesis 3.8 Premium Plus (18" wheels, 14 speaker Lexicon system, leather trim, etc) $29,000 out the door (includes taxes, tags, registration, everything). The car does have 200 miles on it which I can only assume is from numerous test drives. Is this a good deal? |
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Replying to: rhyx (May 07, 2009 10:05 pm) |
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Replying to: rhyx (May 07, 2009 10:05 pm) |
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Just leased a Blk/Blk 4.6 Genesis with Tech package from Glendora Hyundai in Los Angeles. Only paod $365 to drive off. I am Tier 1 credit.Here's the deal I got. $615.90 per month. 12K milage would have been $603 per month Term 36 Months Milage Limit 45K Total MSRP $42,180.00 Residual $18,981.00 Cap Cost $37,865.00 Cap Reduction $ 12.07 Net Cap $37,843.93 Base Payment $563.75 Monthly Tax/Fee $52.15 Total Payment $615.00 Due on Delivery 1st payment $615.90 Deposit $0.00 Cap Reduction $12.07 Taxes and fees $987.03 Total Drive Off $1615.00 Drive Off Paid Rebate $1250.00 Cash $365.00 Taxes and Fees Aquisition $595.00 CA Tire Fee $8.75 CAP Tax 9.25% $1.12 DOC Fee $45.00 Lease Tax 9.25% $4.16 CA DMV Fees $313.00 Smog Abatement $20.00 Total $987.03 I dealt with the Internet manager Pierce Caine. The deal was straight forward and he gave me his best price off the bat and didn't really budge. I checked around LA. No one could touch it. I accepted and was in and out in a little over an hour. The car compares well to the BMW 335i. The V8 is great and much more juice than my Acura RL which is 300 hp. Great car so far. |
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Replying to: vgettys (May 13, 2009 9:11 pm) Congrats on the new car, i just got my Black on black V6 on 4/30 and i'm loving it. The only issue i have with your numbers is the residual, it seems your residual is 45%, around here in NY most are doing 49 or 48% for 15K mileage, it might be the region you're in but i think that's a big difference in percentage. Other then that congrats on the car and i hope you have great joy like i have had for a couple of weeks.
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Replying to: cpaman (May 14, 2009 6:19 pm) I have a copy of HMFC Marketing Bulletin MB# 2009-075 effective May 1 through June 1, 09. National excluding South Central Region On all V6 models for 12K miles Tier 1 & 2 MF is .0004 and Residual 48% on the V* model standard or with tech 12K is MF .0007 and Res. 46%. The residual was dropped to .45 when I got to the dealer and asked for 15K instead of 12K. HMFC Bulletin says MF cannot be increased over published rate. I don't know if dealers can mess with the residual. My dealer went right along with the bulletin. I had the bulletin before I went in so I felt comfortable the deal was straight forward. So glad I got the V8.
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Replying to: vgettys (May 14, 2009 7:50 pm) |
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Replying to: vgettys (May 14, 2009 7:50 pm) Ok, well as long as you are happy with the terms that's all that matters so again congrats. I suggest getting the emblems and have them installed as soon as possible,i just put mine on this week and it really makes the car look very different. |
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Replying to: rhyx (May 07, 2009 10:05 pm)
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Replying to: adamjmank (May 07, 2009 11:34 am)
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