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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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#220 of 259
Re: 2010 4.8 sedan [greenturtle] by audiobuff
Oct 13, 2009 (8:23 am)
Reply

Replying to: greenturtle (Oct 12, 2009 1:55 pm)

I offered them $800 over invoice and they took it. I probably could have stalled, but my lease ran out that same week on an Acura RL so I was caught between a rock and a hard place. I am in the San Jose area.
#221 of 259
Re: 2010 4.8 sedan [audiobuff] by gponick
Oct 13, 2009 (8:51 am)
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Replying to: audiobuff (Oct 13, 2009 8:23 am)

Audiobuff,
 
What was your final negotiated price(before taxes) then? Was this the 4.6 with Tech or just the base 4.6?
 
Thanks!
#222 of 259
Just leased a 2010 4.6 w/Tech by greenturtle
Oct 13, 2009 (3:23 pm)
Reply
2010 4.6L w/ Tech
Here's what I got in Los Angeles area.
 
Cap Cost $40,523
Down payment $0
MF 0.00112
Residual 48% on 15K miles
Plus $1000 Hyundai Rebate
Out the door was ~$300 for tags, 1st pymt ($1000 rebate was applied to that)
 
This was $500 below invoice. I am very happy with our deal, considering this model is just released. I went to one other dealership that didn't even have any 2010 4.6 in stock. I did not know about a $1295 holdback until after the deal was agreed too, but the salesmen were very cooperative and I'm happy with them making $800. Though, I wonder if I asked for $1000 below invoice if they would've gone for it..hmm...
 
For October, Hyundai's buy rates are:
2010 4.6L: MF 0.00112 with residual 49% for 12k miles, minus 1% for 15K miles
2009 4.6L: MF 0.0009 with residual of 45% for 12k miles.
 
I didn't know about the $400 disposition fee for end of lease though.
#223 of 259
Re: Just leased a 2010 4.6 w/Tech [greenturtle] by walt1
Oct 13, 2009 (3:53 pm)
Reply

Replying to: greenturtle (Oct 13, 2009 3:23 pm)

So what is your monthly payment GreenTurtle?
#224 of 259
Re: Just leased a 2010 4.6 w/Tech [walt1] by greenturtle
Oct 13, 2009 (4:25 pm)
Reply

Replying to: walt1 (Oct 13, 2009 3:53 pm)

monthly payments are $625 + tax, so about $680 (LA county in CA is 9.75% tax.)
 
Hyundai has a current lease special of $499/mo for the 4.6L 2010, but that's w/o tech pkg, before tax, and with a $3000 down payment.
#225 of 259
Re: Just leased a 2010 4.6 w/Tech [greenturtle] by chiroman1
Oct 15, 2009 (6:56 am)
Reply

Replying to: greenturtle (Oct 13, 2009 3:23 pm)

Sounds like you got a great deal...I am also in socal...which dealer did you use?
Are you happy with the vehicle right now? Thanks
#226 of 259
Re: 2010 4.8 sedan [audiobuff] by jim_mckeon
Oct 15, 2009 (12:29 pm)
Reply

Replying to: audiobuff (Oct 13, 2009 8:23 am)

I'm also in San Jose - can I ask which dealer you used?
#227 of 259
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 15, 2009 (1:57 pm)
Reply

Replying to: chiroman1 (Oct 15, 2009 6:56 am)

I went to the hyundai dealership in Cerritos, CA. The guys I worked with were very easy to deal with. Turns out they just bought the Hyundai franchise 1-2 months ago. The owner of that dealership owns a few other auto dealerships in that auto mall. I was there for about 3 hours and did not see another customer. So they may be trying to meet monthly quota numbers too, hence the deal. Just speculation.
 
Good luck.
#228 of 259
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 15, 2009 (2:02 pm)
Reply

Replying to: chiroman1 (Oct 15, 2009 6:56 am)

I'm also very happy with the car. Rides very smooth, no problems with the suspension as people with the 2009 complained of. The adaptive cruise control is nice. I liked that the car was fully loaded at a great price, instead of being charged for every single extra feature. ie, BMW charges you for the ability to leave your key in your pocket and still open doors and start the car (forget the name of this) but this is free with the genesis.
#229 of 259
Re: Just leased a 2010 4.6 w/Tech [greenturtle] by chiroman1
Oct 15, 2009 (3:41 pm)
Reply

Replying to: greenturtle (Oct 15, 2009 2:02 pm)

Thanks for the reply...I will go tomorrow to see if i can score the same deal...Just so I am clear was your deal with 12k or 15k miles? And you have a total of 35 payments? Thanks again!!

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