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Prices Paid: Buying & Leasing Experiences Hyundai Genesis Lease Questions
244 messages, Last post on Nov 24, 2009 at 7:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: newser (Jun 27, 2009 9:59 pm) Hyundai's current 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 46%, respectively. When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: tmd820 (Jul 12, 2009 7:44 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jul 16, 2009 3:03 am) Can you help me on Residual, MF and any Dealer Cash for a Genesis COUPE 3.8 Track with Manual Transmission? Is it the same as 55%, .00134 and $1,000?? Figuring a standard lease term of 36-months, however, I either need 15,000 or 20,000 miles per year. Thank you!
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Replying to: ghetto2315 (Jul 16, 2009 6:19 am) 15,000 miles per year is the highest mileage allowance that Hyundai Finance publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than to wait until lease-end and have to pay an excess mileage penalty. When negotiating the capitalized cost for this car, make sure to take advantage of the $1,000 cash incentive that is available on leases of it right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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2009 Genesis sedan lease questions v8 w/ everything purchase price 38030 (sticker 42100) 3 years, 18000 miles per year , residual .45, money factor .00099, 0 down not even taxes = 708 per month 2500 down = 636 per month seems a little high to me? what is IR basded on MF? Any advise is appreciated |
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Replying to: mgott23 (Jul 24, 2009 10:38 am) .00099 * 2400 = 2.376% 18,000 miles is costing you a lot, chances are you are prepaying for the miles at a discounted rate over 15,000 since most leases only go up to 15k. The residual of 45% is low for a "luxury" car. Hyundais have been and still are poor cars to lease because their residuals are so bad.
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Replying to: kingpcgeek (Jul 24, 2009 1:26 pm)
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Replying to: mgott23 (Jul 24, 2009 1:37 pm) |
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Replying to: mgott23 (Jul 24, 2009 1:37 pm) Reference Car_man's posts 144/145 I think the MF the dealer is quoting you is a bit high. Also, there is a rebate available on leases as well. |
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