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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

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


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#194 of 259
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 259
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 259
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 259
Re: 2010 Genesis by mikemartin
Sep 23, 2009 (7:13 pm)
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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 259
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 259
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?
#200 of 259
Re: 2010 Genesis [projectvirus] by mikemartin
Sep 24, 2009 (11:36 am)
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Replying to: projectvirus (Sep 23, 2009 10:21 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)

 
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.
#201 of 259
Lease Incentives Now? by bmb1767
Sep 25, 2009 (10:39 am)
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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.
#202 of 259
Re: 2010 Genesis [mikemartin] by carman56
Sep 26, 2009 (11:55 am)
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Replying to: mikemartin (Sep 23, 2009 7:13 pm)

Thats a good deal; what and where is this dealership? I have been looking over the past 2 months and the south Florida dealers are not coming anywhere close! They offered on a base model $399 plus tax w/ $3000 down on base model. I said I wanted a premium plus model and they didn't have one on the lot. they have told me there was only 11 left in the U.S? Is this BS?
 
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.
#203 of 259
Re: 2010 Genesis [carman56] by waugust
Sep 29, 2009 (5:02 am)
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Replying to: carman56 (Sep 26, 2009 11:55 am)

Not sure where you are in SFla, but I just leased an 09 Genesis (black/black) Prem Plus (added wing package/center caps) at Napleton in West Palm Beach this past weekend, they had 1 more 09 V6 Prem Plus model on the lot and a bunch of V8 Techs. I believe Delray Hyundai also has 2 V6 Prem Plus cars on lot.
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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