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Hyundai Genesis Prices Paid and Buying Experience

224 messages,  Last post on Nov 20, 2009 at 5:38 AM

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What is this discussion about? Hyundai Genesis, Hyundai Genesis Coupe, Car Buying, Car Leasing, Coupe, Sedan


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#59 of 224
Re: Lease Deal [wgr3] by carolinabob
Oct 27, 2008 (11:09 am)
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Replying to: wgr3 (Oct 27, 2008 8:03 am)

$56,750 plus $300 tax and =/-200 doc fees, etc. This included $4,000 Lexus to dealer special.
#60 of 224
Re: Lease Deal [carolinabob] by jeffreid
Oct 28, 2008 (9:28 am)
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Replying to: carolinabob (Oct 27, 2008 11:09 am)

That is still $14750 from a V8 Genesis with tech MSRP. If you have a 5% state tax, then you are up to a $15487.50 difference. Then there is the other $1950 that you would pay in interest over 60 months at 5%. Or the $1950 that you would lose in interest on your money (assuming paying cash) if you could draw 5% over the next 60mo. That gets us to $17437.
 
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.
#61 of 224
Re: Lease Deal [jeffreid] by carolinabob
Nov 07, 2008 (1:03 pm)
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Replying to: jeffreid (Oct 28, 2008 9:28 am)

The sales tax in SC is $300 MAX on any vehicle. However, my intention was to show that Lexus was offering huge (for them) discounts. Genesis will always be cheaper than Lexus, but it might be time for Hyundai to begin considering discounts on the car. Plus the car already has a recall on the most complicated component - the computer.
   Add that the market is now in the toilet. Hyundai sales down 31% in October, Toyota Corp. sales down 23%.
#62 of 224
Re: Lease Deal [carolinabob] by jeffreid
Nov 07, 2008 (1:37 pm)
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Replying to: carolinabob (Nov 07, 2008 1:03 pm)

One other thing to consider is this.
 
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!!
#63 of 224
Re: Lease Deal [jeffreid] by carolinabob
Nov 09, 2008 (12:50 pm)
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Replying to: jeffreid (Nov 07, 2008 1:37 pm)

Interesting call from Lincoln/Hyundai salesman. He wants me to come test drive the V8 that just came in even though I told him that I prefer the Lincoln MKS over the Genesis V6 after test driving both with him and am not interested in a V8. Still asking MSRP, but he said people who bought V6's are trading them for V8's. Sales talk or fact? If V8 is so hot, why did he bother to call me?
#64 of 224
Genesis-sedan V8 Tech-pak below invoice or 0% by veragen
Nov 09, 2008 (5:20 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
#65 of 224
Re: Genesis-sedan V8 Tech-pak below invoice or 0% [veragen] by daviderle
Nov 09, 2008 (6:41 pm)
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Replying to: veragen (Nov 09, 2008 5:20 pm)

Has anyone from this Genesis-sedan buying experience forum negotiate below-invoice of purchase
 
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...
#66 of 224
Re: Genesis-sedan V8 Tech-pak below invoice or 0% [daviderle] by veragen
Nov 09, 2008 (7:39 pm)
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Replying to: daviderle (Nov 09, 2008 6:41 pm)

Thx. Dav, For response & 0% for 24 mon. lease for a fully loaded Genesis V8 sound terrific w / getting the price down $714 to $605. Also what is the color-combo? Myself, preferly of 1st. color-combo: Red-Pearl / Premuim Saddle-Leather or 2nd. color-combo: Sterling Blue / Premuim Black-Leather.
 
And yes, A Genesis V8 Tech-pak for $35K? I maybe possible in a few months of 2009 year.
 
VeraGen
#67 of 224
Re: Genesis-sedan V8 Tech-pak below invoice or 0% [veragen] by daviderle
Nov 09, 2008 (8:58 pm)
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Replying to: veragen (Nov 09, 2008 7:39 pm)

what is the color-combo? Myself, preferly of 1st. color-combo: Red-Pearl / Premuim Saddle-Leather
 
One of the dealers I was working with had a nice Red-Pearl / Saddle-Leather V6 Tech and I must say the color combo looked sharp indeed..
 
Where I live (South East) the V8s are just beginning to arrive, first I was looking at the Titanium, but the black interior with the saddle dash trim did not sit well with Mrs., not mention the dealer was very proud of being the first in town to have the V8 and would not play, so I switched dealers and they had a Champaign (the color is closer to being pearl than gold/Tan) with the cashmere interior and the black dash leather trim. Most people who have seen it agree that the color combo is both Elegant and stunning.(although the important thing is I like it )
 
As far as 35k V8 Tech.. everything is possible.. then again sometimes life is just too short...
#68 of 224
Genesis Sedan - V6 - Tech Pkg by xxoz
Nov 10, 2008 (12:31 pm)
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I having been enjoying reading about the experiences everyone has had with the Hyundai Genesis so far. I drove one this weekend and it was a very nice vehicle.
 
I am trying to figure out what kind of pricing I should be able to negotiate for a V6 w/Tech Pkg. I have not seen people talking about these much and I am definitely hoping I can negotiate under the invoice price. Anyone purchase V6 tech for below invoice yet? I have seen 1 dealer online offering the package for $34,499... Not sure if I could get it down further. Thanks for any insight!
 
xxOz

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