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
#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.
#406 of 428 Re: Brand new 2012 4.6 V8
Oct 29, 2013 (10:13 am)
Anyone at all? Opinions?
#407 of 428 Re: Brand new 2012 4.6 V8 [pbblimp]
Oct 29, 2013 (1:30 pm)
If your new 2012 model is Stolen or Totaled in a Accident what is the book value on a 2 year old genesis. That is the real question.. Once you find out that price you will know if 33k is a good offer. I personally think for 30,000 would be a real good deal if you could get it. 33k is much to high on this vehicle.
Dealer retail for a 2012 certified is 30,995
Trade in ....................................26,692
I pulled these prices of the Edmunds site.
#408 of 428 Re: Brand new 2012 4.6 V8 [brian125]
Oct 29, 2013 (1:38 pm)
Thanks, Brian. Not at all the answer I was hoping for, but I do appreciate the honesty. I had thought I scored a good deal. As I have not bought it yet, I'm off the hook; however, disappointing nonetheless.
#409 of 428 Re: Brand new 2012 4.6 V8 [pbblimp]
Oct 29, 2013 (1:53 pm)
At some point dealer will clear that car off his lot. Check prices from nada and galves.. Alot of dealer use it for pricing. Make a low ball offer for the 2012 to see how much dealer will really take for this vehicle. There is no benefit at 33k for a 2012 when you could get a 2013 for 40k with incentives and rebates.
#410 of 428 Re: Brand new 2012 4.6 V8 [brian125]
Oct 29, 2013 (2:04 pm)
Brian, I'm feeling a little dumb because I'm not sure I see your point. When you say "there is no benefit at 33K for a 2012 when you could get a 2013 for 40K," I think to myself: There's a huge benefit -- 7 thousand smackers in my pocket!
Maybe it would help if I explained my purchase frame of mind better. I'm not very interested in resale value, because I plan on hanging onto it until it's barely worth anything. Also, I'd be buying with cash, so $7K is quite a difference out of my bank account; whereas if I financed, it wouldn't be a huge jump in the monthly payment.
I hope I don't sound snarky. I appreciate that you're offering advice. I'm just flinching hard from the price difference!
One other thing: When you say I could get a 2013 for 40K, are you referring to the R-Spec or a loaded 3.8? Even if you do mean the R-Spec, I don't think I could talk myself into pulling another $7K out of savings for it. It's probably going to look pretty dated in a few months if the new model is released, and then I'd feel even lousier for having spent more money to obtain it.
#411 of 428 Re: Brand new 2012 4.6 V8 [pbblimp]
Oct 29, 2013 (2:11 pm)
You made some good points about keeping car. The new redesign wont be out til late 2014 offered as a 2015 model.
A loaded 3.8 for sure under 40 k the r-spec about 3k or more.
If money is the issue then take your time and wait for your best possible deal. if there is no time factor by waiting til 2014, jan you will see better pricing on the 2012 models..
#412 of 428 Re: Brand new 2012 4.6 V8 [brian125]
Oct 29, 2013 (2:23 pm)
Yeah, if there are any 2012 4.6L's on the lots by Jan 2014, I can only imagine the fire sale at that time. I'd probably offer $27K for kicks and see what happens.
On the bright side, I can stop shopping for a winter tire and wheel package for the 4.6L Genny, as it seems pretty sure I won't be buying right now.
Thanks again for your perspectives, Brian. They helped to cool me down and avoid paying too much.