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Hyundai Genesis Lease Questions

259 messages, Last post on Dec 05, 2009 at 2:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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!
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Replying to: kwakasmith (Sep 22, 2009 5:10 pm) |
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Replying to: Car_man (Sep 16, 2009 2:06 am) 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 |
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Replying to: projectvirus (Sep 23, 2009 2:18 pm) It's a no money down sign and drive, too. This is for the Sedan, not the Coupe. |
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Replying to: mikemartin (Sep 23, 2009 7:13 pm) 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)
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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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Replying to: projectvirus (Sep 23, 2009 10:21 pm) 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) PV, right now I'm in LA. If you scour dealer print ads, you'll see Hyundai is trying to move the 09 Genesi with lots of incentives to the dealers on leases. They won't deal as much on the tech packag optioned units though. |
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Does anyone know what the current lease incentives on the Genesis that Hyundai is offering now? Looking at maybe doing a lease now if numbers are right (especially with my trade-in) or waiting as originally planned until next Summer.
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Replying to: mikemartin (Sep 23, 2009 7:13 pm) I am contemplating waiting for 2010 as I hope they will run a new program on lease. The 2009's in v6 are few and far between.
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Replying to: carman56 (Sep 26, 2009 11:55 am) Lease details: MSRP $36,130 (incl. trunk tray, IPod cable, excludes wing pkg) Net Cap Cost $32,708 (after $1200 down pmt, $1000 lease cash, plus the wing pkg) Term 36 mo Miles 15k/yr Resid 45% MF .00019 Total O-O-P $2,700 ($1200 down+dealer fee+tag+1st pmt) Pmt $467 + tax |
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