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Prices Paid: Buying & Leasing Experiences Hyundai Genesis Lease Questions
252 messages, Last post on Dec 03, 2009 at 8:44 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I think I am getting very bad deal on a V8; any help would be greatly appreciated... Here is the deal (some numbers are rounded up); 12k miles / year with 24 months lease. Price $42100 ($100 dollars more) Doc / Acquisition / License fees: $1000 (I know I have to pay this!?) Gross Cap $43.100 Down $2200 Rebate $500 Amt applied up front $900 (Not sure what that is?) Total Cap Reduction $1,800 Net Cap cost $41,3k Residual %60 (Not sure if this supposed to be 62% or 63% for V8) Money Factor .00001 Upfront charges $170 (not sure what that is?) Base monthly $670 + Taxes = $715 (Which is a lot higher than what I was expecting) I was expecting around $590 (including taxes!!) not sure how we got to $715?? Thanks for your help...
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Replying to: daviderle (Oct 23, 2008 6:19 pm) I agree with you. You're putting down a lot and paying high monthly fees. I'd walk on this deal or try negotiating on the 6 cylinder. I was quoted $2200 down and $499/mo. plus fees (TTL) for the loaded 6 with luxury and tech. packages. (For less than what you were quoted you can lease a loaded 5 series BMW, FWIW.)
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I am considering leasing a 3.8L Genesis with either base or premium package (haven't decided yet). Does anyone know how much room for negotiation we have from the MSRP? Hyundai is advertising 399/month lease for base package with 2199 down but does not include tax. Any one has any recent experiance they could share? Thanks!
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Replying to: viperz4 (Nov 01, 2008 3:55 pm) |
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Replying to: carnaught (Oct 23, 2008 7:07 pm) Changed dealers and I think I did o.k... I got the V8 tech , 2199 down (everything including first month payment) and $605 a month, I think I could have got few more $s, but at some stage there is a price of driving the first V8 in the state (or at least that is what I was told)  ...
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Please can you tell me the new residual figures for 15,000 mile, and money factor on the Genesis. I think they changed on 11/4 to 27 months, 62%, and 0.00027. Thanks |
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Replying to: automan999 (Nov 05, 2008 11:41 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I pulled the trigger on a 3.8 V6 with Premium package. 24 month lease 0 up front, just first months lease payment. Total monthly payment including tax $440.00. 12,000 miles per year. Overall good deal compared to the other crazy dealers and their inability to work the hyundai incentives here in Chicago.
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If I was interested in the 27 month lease with either 18k or 20k mile allowance per year, can anyone give me the necessary values for this? I am considering a 3.8 V6 with Tech Package. Thank you!
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Replying to: Car_man (Nov 07, 2008 4:31 am)
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