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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

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


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#190 of 244
Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by jim_mckeon
Sep 16, 2009 (11:36 am)
Reply

Replying to: kwakasmith (Sep 12, 2009 3:32 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 244
Lease Deal from Hyundai by newser
Sep 21, 2009 (3:10 pm)
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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 244
Re: NJ Lease Genesis Coupe 3.8 Auto [jim_mckeon] by kwakasmith
Sep 22, 2009 (9:31 am)
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Replying to: jim_mckeon (Sep 16, 2009 11:36 am)

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 244
Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by kwakasmith
Sep 22, 2009 (5:10 pm)
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Replying to: kwakasmith (Sep 22, 2009 9:31 am)

Jim,
 
just realised you must be referring to the Sedan and not the Coupe.
 
Brgds
#194 of 244
Hyundai 2009 Genesis Sedan V6 w/Technology Pkg Lease Question by toottoot
Sep 23, 2009 (8:18 am)
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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 244
Re: NJ Lease Genesis Coupe 3.8 Auto [kwakasmith] by jim_mckeon
Sep 23, 2009 (1:03 pm)
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Replying to: kwakasmith (Sep 22, 2009 5:10 pm)

Exactly - sorry about that.
#196 of 244
Re: 2010 Genesis? [Car_man] by projectvirus
Sep 23, 2009 (2:18 pm)
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Replying to: Car_man (Sep 16, 2009 2:06 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
#197 of 244
Re: 2010 Genesis by mikemartin
Sep 23, 2009 (7:13 pm)
Reply

Replying to: projectvirus (Sep 23, 2009 2:18 pm)

Sales of the Genesis must be very slow because all the dealers near me are blowing out base models on a 36 month lease for $369/month.
 
It's a no money down sign and drive, too.
 
This is for the Sedan, not the Coupe.
#198 of 244
Re: 2010 Genesis [mikemartin] by projectvirus
Sep 23, 2009 (10:21 pm)
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Replying to: mikemartin (Sep 23, 2009 7:13 pm)

Mike,
 
Thanks for the heads up. I'm going to be traveling quite often so I think I can make good use of the navigation included in the Tech package. That base model lease sounds quite nice though.
 
What area are you in?
 
I'm in the Bay Area, CA. (coincidentally I know a Mike Martin in the Bay Area who is in the car business)
#199 of 244
2009 4.6 w/Tech Lease by gponick
Sep 24, 2009 (9:23 am)
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Can anyone tell me the lease rates for a 4.6 w/Tech for 36 mo + 15k Miles? I'm in NYC. By "lease rates" I just was looking for MF and Residual. I just got quoted .7 as my MF and 45% residual. Does this sound right?

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