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Hyundai Genesis Lease Questions

249 messages,  Last post on Dec 01, 2009 at 10:30 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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#147 of 249 Re: Lease program details for 39 month lease [Car_man] by ghetto2315 Jul 16, 2009 (6:19 am)
Replying to: Car_man (Jul 16, 2009 3:03 am) Car_man, you've been a big help so far and have had my family and friends purchase many cars due to your info (mostly the Honda Civic).   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! Replies to this message: Car_man (Jul 17, 2009 1:46 am)
#148 of 249 Re: Lease program details for 39 month lease [ghetto2315] by Car_man HOST Jul 17, 2009 (1:46 am)
Replying to: ghetto2315 (Jul 16, 2009 6:19 am) I'm glad that I've been able to help you and your family out. Hyundai's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Coupe 3.8 Track MT with 15,000 miles per year are .00134 and 53%, respectively.   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
#150 of 249 2009 Genesis sedan lease ???s by mgott23 Jul 24, 2009 (10:38 am)
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 Replies to this message: kingpcgeek (Jul 24, 2009 1:26 pm) mgott23 (Jul 24, 2009 1:37 pm) tjc78 (Jul 25, 2009 4:29 am) tjc78 (Jul 25, 2009 4:30 am)
#151 of 249 Re: 2009 Genesis sedan lease ???s [mgott23] Tex by kingpcgeek Jul 24, 2009 (1:26 pm)
Replying to: mgott23 (Jul 24, 2009 10:38 am) Money Factor * 2400 = Interest Rate .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. Replies to this message: mgott23 (Jul 24, 2009 1:37 pm) tjc78 (Jul 25, 2009 4:29 am) tjc78 (Jul 25, 2009 4:30 am)
#152 of 249 Re: 2009 Genesis sedan lease ???s [mgott23]Tex [kingpcgeek] by mgott23 Jul 24, 2009 (1:37 pm)
Replying to: kingpcgeek (Jul 24, 2009 1:26 pm) thanks, I might try for 15K and see what it does. Do you think that at 18k it's a bad deal. Replies to this message: tjc78 (Jul 25, 2009 4:29 am) tjc78 (Jul 25, 2009 4:30 am)
#153 of 249 Re: 2009 Genesis sedan lease ???s [mgott23]Tex [kingpcgeek] [mgott23] by tjc78 Jul 25, 2009 (4:29 am)
Replying to: mgott23 (Jul 24, 2009 1:37 pm) Residuals have dropped on everything. Go look at the ES350 leasing board. Its carrying the same mid 40s residual values. Right now the only attractive leases anyone will receive is with low (subsidized) money factors that equal 1 - 2%. When I leased my Avalon back in 06 the residual was 56 or 57%. My Genesis was 49% at 12K/yr, however the money factor was low enough to make it worth it (.0006).
#154 of 249 Re: 2009 Genesis sedan lease ???s [mgott23]Tex [kingpcgeek] [mgott23] by tjc78 Jul 25, 2009 (4:30 am)
Replying to: mgott23 (Jul 24, 2009 1:37 pm) mgott23,   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.
#155 of 249 Re: California Genesis [Car_man] by newser Jul 25, 2009 (2:29 pm)
Replying to: Car_man (Jul 16, 2009 2:53 am) thanks for the reply car_man....I am gonna try to get a fully loaded V6 genesis...another question is should I wait until december for a better deal on an 09? I know the pickins will be slim but who knows??? Replies to this message: Car_man (Aug 04, 2009 2:46 am)
#156 of 249 Re: Lease program details for 39 month lease [Car_man] by chipster2 Aug 01, 2009 (4:17 pm)
Replying to: Car_man (Jul 16, 2009 3:03 am) Hi Carman, I just joined after going to a dealership today in search of a Genesis Coupe. I have got an offer for the Genesis Coupe 2.0 Premium Automatic for 3500 Down and $329/month for 36 months with 15K miles.   Is that a good offer or should I be paying less. I have already put down a deposit on the car as someone else almost purchased it. Please advice. Replies to this message: kingpcgeek (Aug 03, 2009 8:17 am) Car_man (Aug 04, 2009 3:19 am)

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