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Hyundai Genesis Lease Questions

239 messages,  Last post on Nov 05, 2009 at 11:15 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#230 of 239
Why is the 2010 so much higher than 2009? by jim_mckeon
Oct 15, 2009 (3:59 pm)
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I was surprised to see that the MSRP and Invoice for the 4.6 Genesis w/Tech is about $2K higher going from the 2009 to the 2010, but with no apparent change in functionality. Is anyone aware of any functional improvements to justify this markup, or is it simply a case of old vs. new?
#231 of 239
My actual lease cost: 2009 3.8 w/tech by jim_mckeon
Oct 16, 2009 (2:41 pm)
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I just leased a 2009 3.8 Genesis w/tech from Capitol Hyundai in San Jose with the following terms:
 
MSRP $40180
Cap cost $36700 (~$600 below invoice)
MF 0.00019
Residual 46%
Wear/tear coverage $603
Payment $507 + tax
 
Had a very smooth experience with these guys, and they were much more responsive than other dealers in the area. They have a few more 2009 left I think. Only question I had was whether the higher residual on the 2010 made up for the higher price and left the lease a wash vs. the 2009; something for folks to investigate.
 
This car is just an awesome deal. I'm probably going to end up selling half a dozen via word of mouth. Go Hyundai!
#232 of 239
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 16, 2009 (4:56 pm)
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Replying to: chiroman1 (Oct 15, 2009 3:41 pm)

Chiroman1,
My deal was for 15K miles.
#233 of 239
Re: Why is the 2010 so much higher than 2009? [jim_mckeon] by greenturtle
Oct 16, 2009 (4:57 pm)
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Replying to: jim_mckeon (Oct 15, 2009 3:59 pm)

The 2010 version did fix tighten the suspension and add adaptive cruise control. Worth $2K? I guess that depends on the person.
#234 of 239
Re: Just leased a 2010 4.6 w/Tech [greenturtle] by chiroman1
Oct 21, 2009 (8:41 am)
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Replying to: greenturtle (Oct 16, 2009 4:56 pm)

Thanks again greenturtle ...Got your same deal...We actually got 2 of them..They were great to deal with..Love the car..Thanks again!
#235 of 239
Re: 2010 Genesis sedan 4.6 [greenturtle] by Car_man HOST
Oct 23, 2009 (2:44 am)
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Replying to: greenturtle (Oct 10, 2009 10:19 pm)

Hi greenturtle. Hyundai's October buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Sedan V8 with 15,000 miles per year are .00112 and 48%, respectively.
 
I mad to make some assumptions because you never mentioned how long you want to lease for or what mileage allowance you need. Let me know if you want something different.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#236 of 239
Re: 2010 v 2009 [lhatten] by Car_man HOST
Oct 23, 2009 (2:47 am)
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Replying to: lhatten (Oct 13, 2009 6:16 am)

Greetings lhatten. Hyundai's October buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Sedan V6 with 15,000 miles per year are .00149 and 51%, respectively. The numbers for an otherwise identical lease of a 2010 Genesis Sedan V8 are .00112 and 48%.
 
Hyundai's October buy rate lease money factor and residual value for a 36 month lease of a 2009 Genesis Sedan V6 with 15,000 miles per year are .00019 and 45%, respectively. The numbers for an otherwise identical lease of a 2010 Genesis Sedan V8 are .00090 and 44%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#237 of 239
Re: Regarding leases in Texas.... [markinfrisco] by bdud
Oct 23, 2009 (5:57 pm)
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Replying to: markinfrisco (Apr 24, 2009 2:13 pm)

10-22
Yes, I had the same experience!
I was denied a lease today on a genesis coupe after signing for it on tuesday with a near perfect credit score. Hyundai financing advised me to purchase, now I know why!
Won't buy because I just formed a corporation and wanted a business lease. I love that car, what a shame.
#238 of 239
Novemeber Lease Cash Genesis Coupe by kwakasmith
Nov 05, 2009 (10:32 am)
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has anyone heard what Hyundai are offering in terms of 'Lease Cash' for November ?
#239 of 239
Re: Regarding leases in Texas.... [bdud] by gforce11
Nov 05, 2009 (11:15 am)
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Replying to: bdud (Oct 23, 2009 5:57 pm)

How bizarre! Since when did Hyundai get into the business of financial advising?

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