Last post on Nov 25, 2013 at 3:39 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Genesis, Hyundai Genesis Coupe, Car Buying, Car Leasing, Coupe, Sedan
#396 of 428 kbb fair purchase price? reality check?
Sep 04, 2013 (3:37 pm)
Hi. I am considering 2013 Genesis 3.8 base model. I think price will be cheaper because new, fully changed model will be on market next year. Anyway, my target price is 26k (impossible?)
One question. I searched fair purchase price for this car is 28 - 29k, depending on incentives. However, I click the reality check button, fair price is changing to 25-27k. Is this normal? Then what is real fair price?
#397 of 428 2013 5.0 R-Spec for $39.7K + TT&L
Sep 30, 2013 (7:14 am)
Two weeks ago I bought a brand new 5.0 R-Spec (White/Cashmere) for $39.7K (less trade-in value) + TT&L with 1.9% financing for 60 months. I bought the car from Roger Beasley Hyundai in Kyle, TX (just south of Austin). The Round Rock dealer offered the same price, but I live in south Austin so I went with the closer dealership.
There was a potentially lower price in Houston ($37.7K), but the dealership seemed really shady and I didn't want to spend an entire day driving over there and back just to find out the deal wasn't legitimate.
That seems like a great price on a heck of a lot of car! My wife and I took the car on a weekend road trip and it was extremely comfortable and fun to drive.
#398 of 428 Re: 2013 5.0 R-Spec for $39.7K + TT&L [scwells72]
by Michaell@Edmunds HOST
Sep 30, 2013 (8:52 am)
The $39.7K was before or after your trade in value was applied? What was the MSRP?
#399 of 428 Re: Just purchased used 2013 Genesis 5.0 R-Spec [brian125]
Sep 30, 2013 (11:57 pm)
Here are my thoughts after a few weeks of ownership. Frankly, I'm pissed I ever bought the car I had before this car (2012 Acura TL-SHAWD w/ Adv pkg). This is such a better car and I actually paid $1,000 LESS for the Genesis than the TL. The ride is so much smother at all speeds, handling is tighter, and my god the low end torque is addictive! I punched it going 40 and the downshift to 2nd gear felt like someone punched me in the back! The transmission is much smoother shifting than my Acura was. Car is quieter than the Acura at all speeds (only had it up to about 85, I know, shameful!). Much better navi system and lots of options that I couldn't even get on the Acura like rain sensing wipers, adaptive lighting, lane departure warning, radar cruise, power folding side mirrors and power rear sunshade. I feel like I got 50% more car for less money. Gripes? I wish the steering wheel was a little thicker and I wish there was a little more head room, but I'm 6'5" so that's to be expected. Also the backup camera is pretty crappy compared to the HD camera in my TL. Overall I am thrilled with the car. And the best part? Watching the look on peoples faces when I tell them it's a Hyundai:)
#400 of 428 Re: Just purchased used 2013 Genesis 5.0 R-Spec [bigdaveinomaha]
Oct 01, 2013 (4:08 am)
Alot of car for the money. I want to wait til next yr to see the updated re-modeled version as a 2015 before buying. At 6'1 and ahalf i know the feeling in some of these cars.. Enjoy..... tks for posting back
#401 of 428 Re: 2013 5.0 R-Spec for $39.7K + TT&L [Michaell@Edmunds]
Oct 01, 2013 (7:35 am)
$39.7K was my price independent of trade-in value. I got a 2013 R-Spec with mud guards (which I had them remove) and cargo tray, so MSRP is $47,890.
I traded in a 2010 G37S 6MT with low mileage (~25K) and significant equity. They gave me a decent trade-in offer for the car (about $1K less than I'd have wanted, but close enough given the great price on the new car), so with the 1.9% financing on the difference, I have a crazy low payment on a pretty tremendous amount of car!
I'd love to say that I'm a super negotiator, but their initial quote via email was just over $40K, and with one additional email exchange we landed on $39.9K. Round Rock beat that by $200 to try to get my business, but then Beasley met Round Rock and was 20 miles closer to my house. That's how I got to $39.7K + TT&L. Pretty easy!
Hope this helps,
#402 of 428 Re: 2013 5.0 R-Spec for $39.7K + TT&L [scwells72]
by Michaell@Edmunds HOST
Oct 01, 2013 (8:11 am)
Thanks for the details, Scott.
So, in reality, it was $39.7 - equity from trade in + TT&L.
Or did you simply take a check from the dealer for the equity in your G37?
Either way, seems like you got a great deal on a car you love.
#403 of 428 Re: 2013 5.0 R-Spec for $39.7K + TT&L [Michaell@Edmunds]
Oct 01, 2013 (8:34 am)
Michael, it was $39.7K - trade-in-equity + TT&L. I used the equity (trade-in value - payoff) to lower the tax basis of the Genesis. I might have gotten more in a private party sale, but the tax savings probably canceled that out for the most part, and it certainly simplified the transaction considerably.
#404 of 428 Re: 2013 5.0 R-Spec for $39.7K + TT&L [scwells72]
by Michaell@Edmunds HOST
Oct 01, 2013 (11:34 am)
Sorry to ask for all of the clarification, but I wanted to make sure everyone who reads this forum knows what price to shoot for if they are in the market for a similar car.
And yes, the tax savings (in those states where it is offered) often outweighs any potential monetary gain from a private sale.
#405 of 428 Brand new 2012 4.6 V8
Oct 28, 2013 (3:54 pm)
I found a dealership that still has 2012's (new) for sale. I offered $33k flat, which after hardly any effort they accepted. (I should've offered less.) The only further fees are tax, title, registration. They are also wanting a $200 doc fee, which is ridiculous, but I'll pay it if 33k sounds like a good deal for the 4.6. If not, I'll keep looking to scoop an older (new) model.