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Hyundai Genesis Lease Questions

244 messages,  Last post on Nov 24, 2009 at 7:38 PM

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

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#165 of 244 Re: Genesis Lease [jjones] It by kingpcgeek Aug 05, 2009 (1:50 pm)
Replying to: jjones (Aug 05, 2009 1:14 pm) I would think that Car_Man or someone out there could say if they thought this was a good deal based on the sticker price and the monthly lease payments   Having read hundreds of posts from Car_Man I can tell you he will not tell you if it is a good deal without knowing the selling price. It would behoove you to find out the selling price and its relation to invoice. MSRP is a worthless number now days except for calculating the residual of a car.
#166 of 244 Re: Genesis Lease [jjones] by titanman Aug 06, 2009 (11:13 am)
Replying to: jjones (Aug 05, 2009 1:14 pm) I have been watching lease prices in the columbus market for the last year on the genesis. Great car, your numbers look about as good as i've seen for 15,000. I was quoted 499.00/ month with 1,000 down with 12,000 miles earlier this year; however the internet salesman i was talking too took a position with BMW before i got the deal done. Can you let me know what dealer you are talking to, as i would like to talk with them. Thanks for your help.
#167 of 244 Re: Genesis Lease [jjones] by bwia Aug 07, 2009 (10:39 am)
Replying to: jjones (Aug 05, 2009 1:14 pm) Jones, I think this is a very good deal based upon the following estimates: MSRP.....................................$40,150 Residual..................................$18,469 (46% of MSRP) Capitalized cost.......................$36,269 (90.3% of MSRP or $1,900 below invoice*) Money factor............................0.00019 (4.46% APR) Lease term...............................36 months   Based upon the above, the monthly payment would be approximately $507 (not including taxes and other fees) Calculations assume an ordinary annuity but lease type arrangements normally use annuity due, which would be slightly higher.   I hope this helps. Replies to this message: kingpcgeek (Aug 07, 2009 2:45 pm) bwia (Aug 07, 2009 3:27 pm) kingpcgeek (Aug 07, 2009 3:30 pm)
#168 of 244 Re: Genesis Lease [bwia] by kingpcgeek Aug 07, 2009 (2:45 pm)
Replying to: bwia (Aug 07, 2009 10:39 am) A MF of .00019 is not 4.46%.   I get 505 with a MF of .00019. I get $598 with 4.46% interest Replies to this message: bwia (Aug 07, 2009 3:27 pm) kingpcgeek (Aug 07, 2009 3:30 pm)
#169 of 244 Re: Genesis Lease [kingpcgeek] by bwia Aug 07, 2009 (3:27 pm)
Replying to: kingpcgeek (Aug 07, 2009 2:45 pm) A MF of .00019 is not 4.46%.   My bad, that should have been 4.56% Replies to this message: kingpcgeek (Aug 07, 2009 3:30 pm)
#170 of 244 Re: Genesis Lease [bwia] by kingpcgeek Aug 07, 2009 (3:30 pm)
Replying to: bwia (Aug 07, 2009 3:27 pm) A MF of .00019 is .456% interest, not 4.56%.   .00019 x 2400 = .456
#171 of 244 lease 3.8 by jongo Aug 08, 2009 (9:34 pm)
I went in today and i believe he offered me the 28,000 3.8 coupe for 299+tax 2000 down. I was wondering if u think i can get him to go down to say 270+tax 2000 down
#172 of 244 lease to purchase by drdiscount Aug 10, 2009 (1:53 pm)
Everything tells me that leasing and buying at the end is more costly than purchasing. However the dealer showed me that I could lease (3.8 loaded w/ tech)for 3 years and then buy at the residual amount for 3 years and my payments for the 6 years would be about $100 less than per month than my payment quoted from the credit union. Is there something I'm missing here. I typically drive too much to lease(25k/mo) but that could always change and I'd just as soon have the opp to switch in three years. This way I can always buy at the residual rate if my miles stay up there. Am I missing something? Some problem at the end of the lease? Replies to this message: tjc78 (Aug 10, 2009 3:37 pm)
#173 of 244 Re: lease to purchase [drdiscount] by tjc78 Aug 10, 2009 (3:37 pm)
Replying to: drdiscount (Aug 10, 2009 1:53 pm) The reason I think this works in your favor is because the money factor (interest rate) on the lease is so low and there is a rebate on the lease that there isn't on purchasing a Genesis.
#174 of 244 Rates Genesis Coupe 3.8 Track Auto by eoseire Aug 27, 2009 (5:14 am)
Hi Carman, Do you have the August 36 month 10K rates on a Genesis Coupe 3.8 Track Auto with Nav. Thanks Replies to this message: Car_man (Sep 16, 2009 2:01 am)

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