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Hyundai Genesis Lease Questions

638 messages,  Last post on May 13, 2013 at 4:40 PM

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

Messages Page 20 of 65

#187 of 638 Re: Rates Genesis Coupe 3.8 Track Auto [eoseire] by Car_man HOST

Sep 16, 2009 (3:01 am)

Replying to: eoseire (Aug 27, 2009 6:14 am)
Hi eoseire. Hyundai's September buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Coupe 3.8 Tack with an automatic transmission, navigation, and 12,000 miles per year are .00152 and 53%, respectively.
 
I don't recall ever seeing a Hyundai Motors Finance lease with only 10,000 miles per year, but if it offers that mileage allowance, its residual values for it are likely 1% higher than its 12k resids.
 
When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that is currently being provided on leases of it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#188 of 638 Re: 2010 Genesis? [carman56] by Car_man HOST

Sep 16, 2009 (3:06 am)

Replying to: carman56 (Sep 12, 2009 7:07 pm)
Hey carman56. Nice name . The 2010 Genesis Sedan will almost certainly have higher residual values when it is introduced than the 2009 version currently has. The problem is that one really cannot tell whether these higher residual values will lead to lower lease payments because we don't know what sort of money factors or lease cash Hyundai will have on the 2010 Genesis Sedan at launch. I personally doubt that Hyundai will offer more more attractive payments on the '10 model, but at I said it is difficult to say.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#189 of 638 Re: 2010 Genesis? [Car_man] by carman56

Sep 16, 2009 (6:59 am)

Replying to: Car_man (Sep 16, 2009 3:06 am)
I was speaking with the finance dept over at Rick Case Hyundai and he had mentioned when the Genesis sedan originally came out they had an aggressive program with incentives and higher residuals. I know this is speculation, but in your opinion, do you think they will run programs like this again? When will 2010 come out; end of Sept?
 
Thanks,

#190 of 638 Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by jim_mckeon

Sep 16, 2009 (12:36 pm)

Replying to: kwakasmith (Sep 12, 2009 4:32 pm)
I'd love to understand the math behind that. Assuming the car costs ~$33K, your residual assumes $18K of depreciation. But the total amount of your payments over three years is ~$12K; where are they getting the missing $6K plus interest? Are they really offering this car for a sale price below $30K?

#191 of 638 Lease Deal from Hyundai by newser

Sep 21, 2009 (4:10 pm)

I recently saw a lease deal from hyundai. its a 399 a month deal and requires a $2600.00 down and the first months 399 pmt. What it doesn't say is if that includes tax and Lisence. This is a deal in California...so I don't know if you might know if it does include Tax and Lic
 
any help would be great....thanks Car man

#192 of 638 Re: NJ Lease Genesis Coupe 3.8 Auto [jim_mckeon] by kwakasmith

Sep 22, 2009 (10:31 am)

Replying to: jim_mckeon (Sep 16, 2009 12:36 pm)
Jim,
 
Not sure where the $33k is coming from, are you confusing this with the Track ? Would clarify this is a base Genesis Coupe 3.8 Auto. The purchase option I have is $24,449 on the car ($1600 below invoice, allowing for the destination charges which is being matched by all dealers I contacted).
Does this answer your question ?
 
Brgds

#193 of 638 Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by kwakasmith

Sep 22, 2009 (6:10 pm)

Replying to: kwakasmith (Sep 22, 2009 10:31 am)
Jim,
 
just realised you must be referring to the Sedan and not the Coupe.
 
Brgds

#194 of 638 Hyundai 2009 Genesis Sedan V6 w/Technology Pkg Lease Question by toottoot

Sep 23, 2009 (9:18 am)

Car_Man or anyone else, I need your help. I am seriously considering leasing a 2009 V6 Sedan. The breakdown from the dealer is as follows:
 
Cash Option
Vehicle Price: $37,726.50
DMV Fees: $519.75
Documentation Fee: $45.00
Tax: $3,112.44
Amount Due: $41,403.69
Rebate: $1,000.00
Balance Due: $40,403.69
 
Lease Options - 15K miles/yr
Out of Pocket 36 mos.
$3,000.00 $539.33
 
Money factor is .00019 and 15k miles per year is 18,081- residual with $3,000- dwn and $1,000- rebate from factory
 
This deal is in SoCal. How does it shape up?
 
Thank you!

#195 of 638 Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by jim_mckeon

Sep 23, 2009 (2:03 pm)

Replying to: kwakasmith (Sep 22, 2009 6:10 pm)
Exactly - sorry about that.

#196 of 638 Re: 2010 Genesis? [Car_man] by projectvirus

Sep 23, 2009 (3:18 pm)

Replying to: Car_man (Sep 16, 2009 3:06 am)
Hey Car Man,
 
I am looking at helping my local Hyundai dealership offload their last remaining V6 Genesis w/ Tech package in to my driveway
 
What is the MF and Residual on a 36/mo 15K miles/yr lease?
 
Are there any other incentives available for the '09 model? From what I've seen on this board, people are suggesting a negotiated selling price of under $35k for the '09 3.8 w/ Tech.
 
- pv

Messages Page 20 of 65

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