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Prices Paid: Buying & Leasing Experiences Hyundai Genesis Prices Paid and Buying Experience
224 messages, Last post on Nov 20, 2009 at 5:38 AM
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Replying to: carolinabob (Sep 22, 2008 7:51 am)
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Replying to: pjkad (Sep 25, 2008 1:02 pm) And what if you had decided to take another deal, and if the Genesis were not selling as well as it is, the dealer would have been stuck with $35,000 in inventory cost he took on as a result of your original agreement. I am preetty sure you would object to a penalty if you declined to purchase. Agreements to purchase a car are not like a real estate agreement where thew deposit may be kept as liquidated damages. A dealer has as much right to expect a customer to keep their word as the customer has for a dealership to keep its word. |
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Replying to: wgr3 (Oct 27, 2008 8:03 am)
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Replying to: carolinabob (Oct 27, 2008 11:09 am) Then there is the extra cost of maintainence on the Lexus vs. the Genesis. From a dollars and cents perspective, I think that the Genesis is still providing a pretty strong argumment here. And that is assuming MSRP. If you get any discount, then it gets even more interesting. Just another side of the coin.
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Replying to: jeffreid (Oct 28, 2008 9:28 am) Add that the market is now in the toilet. Hyundai sales down 31% in October, Toyota Corp. sales down 23%.
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Replying to: carolinabob (Nov 07, 2008 1:03 pm) If Hyundai wants the Genesis to be a tester for a lux brand, then they are going to have to keep the idea of improved residuals in mind as well. With no way to know what the market will look like in 5 years, it is in the best interests of resale value on this car to keep the incentives away. Just ask Honda about that approach. Anyway, one can always argue that the Genesis has a pretty reasonable "badge discount" applied straight from the factory!!
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Replying to: jeffreid (Nov 07, 2008 1:37 pm)
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Has anyone from this Genesis-sedan buying experience forum negotiate below-invoice of purchase or pre-order a Genesis V8 Tech-pak (Invoice)> $34,521 + (Tech-pak)> $3640 + (Des. chrg)> $750 a total: $38,911 or receive 0% financing? Myself search some Hyundai dealership for V8 engine but no dealers have received V8 yet. The dealership have to pre-order V8 Tech-pak for customers and with the US-economy downfall are the dealerships offering 0% ? Is possible yet to get Hyundai Genesis-sedan V8 Tech-pak at $35K ? I see some major Genesis-competitors going way below invoice! Adv. Thx. VeraGen
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Replying to: veragen (Nov 09, 2008 5:20 pm) Hi VeraGen Where I live, the current deal is only for the lease, I managed to get the 0% 24 month lease (before it went up on the 5th), I managed to get the least price down from $714 to $605 for a fully loaded V8, so indeed after all said and done I managed to get the price down by few $$.... (I could have done more, but I was tired of waiting and wanted one now with the right color combo)… However I do not believe the prices you mentioned would be possible for at least few months, where I live these vehicles do seem to move at very close to the MSRP... Good luck and hope you find a good deal...
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Replying to: daviderle (Nov 09, 2008 6:41 pm) And yes, A Genesis V8 Tech-pak for $35K? I maybe possible in a few months of 2009 year. VeraGen 
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