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Hyundai Genesis Lease Questions

37 messages,  Last post on Dec 29, 2008 at 7:59 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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#25 of 37
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 !
 
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Prices Paid: Buying & Leasing Experiences Forum
#26 of 37
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%.
 
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Prices Paid: Buying & Leasing Experiences Forum
#27 of 37
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.
 
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Prices Paid: Buying & Leasing Experiences Forum
#28 of 37
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.
 
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Prices Paid: Buying & Leasing Experiences Forum
#29 of 37
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 37
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.
 
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Prices Paid: Buying & Leasing Experiences Forum
#31 of 37
by toyoman8
Dec 05, 2008 (4:49 pm)
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Hi everyone, If I wanted to lease genesis base model for 36x12k can I do it? or It has to be a 27mos lease?
 
Also assuming the Invoice price what would be my mos payments with $3000 down 36mosX12k yeasr?
#32 of 37
Re: Final Price on Genesis Lease [chicagotouareg] by jeffal
Dec 06, 2008 (7:10 am)
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Replying to: chicagotouareg (Nov 10, 2008 9:19 am)

chicagotouareg,
 
I'm in the Chicago area too and I'm thinking about leasing a new Genesis. I have two Hyundai dealers near me, but they have horrible reputations and deals. Can you tell me what dealership you got your Genesis from?
 
Thanks.
#33 of 37
Re: [toyoman8] by jeffal
Dec 09, 2008 (7:21 am)
Reply

Replying to: toyoman8 (Dec 05, 2008 4:49 pm)

toyoman8,
 
Yes, you can lease the Genesis for 36 months and 12K miles.
 
I'm not sure what your lease payments would be, but you should email or call several Hyundai dealers in your area and get a lease quote. That way you'll have an idea of what you'll have to pay.
 
Also, it does not make any sense to put $3000 down for a lease. When you ask for a lease quote make sure to tell them you want to put $0 down and you want the taxes rolled into the monthly payment. That will make things easier.
#34 of 37
Genesis deal?? by zephyr2
Dec 12, 2008 (11:46 am)
Reply
Current offer from Ohio dealer:
 
40,150 MSRP V6 with tech pkg.
37,995 Sale Price
     500 Lease cash discount
37,495 Final Sale Price
 
15K miles, 27 months 506.40 with 3659.34 down which includes taxes, etc.
 
Any advice would be appreciated.
 
Also, I am 4 payments from the end of my Lexus es350 lease and don't know whether I should wait and hope the lease programs get even better or roll the 4 payments into this deal.

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