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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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#21 of 244
Final Price on Genesis Lease by chicagotouareg
Nov 10, 2008 (9:19 am)
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I pulled the trigger on a 3.8 V6 with Premium package. 24 month lease 0 up front, just first months lease payment. Total monthly payment including tax $440.00. 12,000 miles per year. Overall good deal compared to the other crazy dealers and their inability to work the hyundai incentives here in Chicago.
#22 of 244
Additional Milage Options? by xxoz
Nov 11, 2008 (10:48 am)
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If I was interested in the 27 month lease with either 18k or 20k mile allowance per year, can anyone give me the necessary values for this?
 
I am considering a 3.8 V6 with Tech Package.
Thank you!
#23 of 244
V8 lease rates by skylab
Nov 12, 2008 (3:10 pm)
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Replying to: Car_man (Nov 07, 2008 4:31 am)

Car_man, could you please provide the current 12k-a-year money factors and residuals on the V8 Genesis at 24 and 27 months? Many thanks.
#24 of 244
Re: New lease money factor [Car_man] by sandy25
Nov 15, 2008 (6:07 pm)
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Replying to: Car_man (Nov 07, 2008 4:31 am)

Car-man - Is the .00027 money factor and 58% residual for a 27 month lease the same for a V6 with Premium package as opposed to a V6 with Tech?
#25 of 244
Re: Final Price on Genesis Lease [chicagotouareg] by Car_man HOST
Nov 17, 2008 (6:02 pm)
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Replying to: chicagotouareg (Nov 10, 2008 9:19 am)

Congrats on getting your new Genesis, chicagotouareg. Thanks for taking the time to share the details of your lease. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#26 of 244
Re: Additional Milage Options? [xxoz] by Car_man HOST
Nov 17, 2008 (6:14 pm)
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Replying to: xxoz (Nov 11, 2008 10:48 am)

Hi xxoz. I believe that 15,000 miles per year is the highest mileage allowance that Hyundai Finance publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Hyundai Finance's current buy rate lease money factor and residual value for a 27 month lease of a 2009 Genesis V6 with 15,000 mils per year are .00027 and 58%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#27 of 244
Re: V8 lease rates [skylab] by Car_man HOST
Nov 17, 2008 (6:15 pm)
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Replying to: skylab (Nov 12, 2008 3:10 pm)

Hi skylab. Hyundai Finance's current 27 month buy rate lease money factor and residual value for a 2009 Genesis V8 with 12,000 miles per year are .00027 and 56%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#28 of 244
Re: New lease money factor [sandy25] by Car_man HOST
Nov 17, 2008 (6:18 pm)
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Replying to: sandy25 (Nov 15, 2008 6:07 pm)

Yes, sandy25, they are the same for all V6 models.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#29 of 244
disposition fee by sandy25
Nov 18, 2008 (6:25 am)
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After negotiating and agreeing on a price, when I showed up to sign the lease I was then told about a disposition fee of $400 due at lease end if I didn't purchacde the car. Do you folks have this fee in your leases?
#30 of 244
Re: disposition fee [sandy25] by Car_man HOST
Dec 04, 2008 (4:18 am)
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Replying to: sandy25 (Nov 18, 2008 6:25 am)

Hi sandy25. Many banks, including Hyundai Finance, charge disposition fees at lease-end. This is a standard charge that's levied by the bank that you are leasing through. Individual dealers cannot waive it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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