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Hyundai Genesis Lease Questions

263 messages,  Last post on Dec 08, 2009 at 5:38 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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#224 of 263
Re: Just leased a 2010 4.6 w/Tech [walt1] by greenturtle
Oct 13, 2009 (4:25 pm)
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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 263
Re: Just leased a 2010 4.6 w/Tech [greenturtle] by chiroman1
Oct 15, 2009 (6:56 am)
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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 263
Re: 2010 4.8 sedan [audiobuff] by jim_mckeon
Oct 15, 2009 (12:29 pm)
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Replying to: audiobuff (Oct 13, 2009 8:23 am)

I'm also in San Jose - can I ask which dealer you used?
#227 of 263
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 15, 2009 (1:57 pm)
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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 263
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 15, 2009 (2:02 pm)
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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 263
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!!
#230 of 263
Why is the 2010 so much higher than 2009? by jim_mckeon
Oct 15, 2009 (3:59 pm)
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I was surprised to see that the MSRP and Invoice for the 4.6 Genesis w/Tech is about $2K higher going from the 2009 to the 2010, but with no apparent change in functionality. Is anyone aware of any functional improvements to justify this markup, or is it simply a case of old vs. new?
#231 of 263
My actual lease cost: 2009 3.8 w/tech by jim_mckeon
Oct 16, 2009 (2:41 pm)
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I just leased a 2009 3.8 Genesis w/tech from Capitol Hyundai in San Jose with the following terms:
 
MSRP $40180
Cap cost $36700 (~$600 below invoice)
MF 0.00019
Residual 46%
Wear/tear coverage $603
Payment $507 + tax
 
Had a very smooth experience with these guys, and they were much more responsive than other dealers in the area. They have a few more 2009 left I think. Only question I had was whether the higher residual on the 2010 made up for the higher price and left the lease a wash vs. the 2009; something for folks to investigate.
 
This car is just an awesome deal. I'm probably going to end up selling half a dozen via word of mouth. Go Hyundai!
#232 of 263
Re: Just leased a 2010 4.6 w/Tech [chiroman1] by greenturtle
Oct 16, 2009 (4:56 pm)
Reply

Replying to: chiroman1 (Oct 15, 2009 3:41 pm)

Chiroman1,
My deal was for 15K miles.
#233 of 263
Re: Why is the 2010 so much higher than 2009? [jim_mckeon] by greenturtle
Oct 16, 2009 (4:57 pm)
Reply

Replying to: jim_mckeon (Oct 15, 2009 3:59 pm)

The 2010 version did fix tighten the suspension and add adaptive cruise control. Worth $2K? I guess that depends on the person.

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