638 messages,
Last post on May 13, 2013 at 4:40 PM
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Hyundai Genesis, Hyundai Genesis Coupe, Car Buying, Car Leasing, Coupe, Sedan
#308 of 638 Re: 2010 Genesis 3.8 lease information needed [nrwayne]
by Car_man HOST
Apr 06, 2010 (3:36 am)
Hi nrwayne. Hyundai has a number of different trim levels for the 3.8 Coupe. For now I will make an assumption about which specific one you want. Let me know if you want something different.
I don't believe that Hyundai is providing support on 24 month leases of this car right now. Hyundai Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Coupe 3.8 Track without navigation with an automatic transmission and 15,000 miles per year are .00224 and 58%, respectively.
Hyundai Finance charges a $595 acquisition fee on leases. You really don't have to perform any maintenance other than tire rotation and oil changes on leased vehicles.
Hyundai is currently providing a $1,000 cash incentive on leases of this car.
Car_man
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#309 of 638 Re: 2010 Genesis 3.8 lease information needed [Car_man]
by nrwayne
Apr 06, 2010 (9:07 am)
Carman, thank you for your quick reply. My mistake, though. I meant the 3.8 sedan, not the coupe. I'd appreciate the numbers on that model so I can make an informed decision.
I spoke with a CT Hyundai dealer earlier today. He quoted me .00127 money factor, 53% residual, $591.90 with zero down on a 36 month lease. Also said that Hyundai was not supporting 24 month leases. Given that information, the Genesis route may not be the best choice. In view of the current deals available on BMW 5s, I'm thinking that's probably the better way to go at the moment, especially since the bimmer is available with four-wheel drive.
#310 of 638 Residual & MF on NEW 2009 sedans?
by FrankRizzo
Apr 06, 2010 (5:33 pm)
There are quite a few "left overs" on dealer lots around the US, and I'm considering picking one up. Does Hyundai still list leasing info on them?
If so, what's the pertinent info for a 2009 3.8L with technology, and premium plus. 12K miles would be fine.
24-36-48 month.
Thanks!
Frank
#311 of 638 Re: Hey Car_man [ghetto2315]
by cappla
Apr 07, 2010 (12:37 am)
What was the cost of purchasing the extra 3,000 or 5,000 miles in advance?
#312 of 638 Re: 2010 Genesis 3.8 lease information needed [nrwayne]
by Car_man HOST
Apr 07, 2010 (2:32 am)
You're welcome, nrwayne. Hyundai Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Genesis Sedan 3.8 with 15,000 miles per year are .00102 and 51%, respectively.
Hyundai is currently providing a $1,000 cash incentive on leases of Genesis Sedans.
Car_man
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#313 of 638 Re: Residual & MF on NEW 2009 sedans? [FrankRizzo]
by Car_man HOST
Apr 07, 2010 (2:36 am)
Hi Frank. Unfortunately, Hyundai is not providing lease support on leftover 2009 models any longer. If you are intent on leasing, then you'll have to go with a '10.
Car_man
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#314 of 638 Re: 2010 Genesis 3.8 lease information needed [Car_man]
by nrwayne
Apr 07, 2010 (8:19 am)
Hi Carman,
Based on your information, it appears that a 36-month lease deal at invoice for a 3.8 Genesis sedan with tech and premium packages should come in at $555/month (after $1,000 dealer cash). The one dealer I contacted quoted $591. He said most of these cars were sold down south since they're RWD. My guess is that I'll have to shop around. I have to think that there's a high-volume dealer somewhere who will beat that by a wide margin. I don't mind traveling for an hour or two to make a decent savings.
#315 of 638 Re: Residual & MF on NEW 2009 sedans? [Car_man]
by FrankRizzo
Apr 29, 2010 (3:45 pm)
Thanks Car_man. That being the case, can you tell me the rates on 3.8 & 4.6 sedans, 12K miles? (Does equipment matter that much to lease numbers?)
#316 of 638 Figures look correct for '10 Genesis 4.6?
by teasip
May 01, 2010 (4:14 pm)
Looked at a Genesis 4.6 today with Tech/Premium packages. Sticker is $43800 and according to this site's FMV less the $1500 discount for owning a Lexus I come up with a Cap Cost price of $39703. I intend to pay the sales tax and other necessary fees up front. I don't see residual values for a 4.6 at 36 mos. so I used 51% and the current MF of 0.00102 (tier 1 credit). This gives me a lease price of $579.74. This look correct, and if so, a reasonable offer on my part?
#317 of 638 Leasing 3.8 GT or Track
by easilyamused
May 10, 2010 (7:08 pm)
In Houston, TX, looking to lease the GT or track v6 manual genesis coupe for 48 months. Looking for an idea on the residual value and monthly payments for that car. Really appreciate some help here. Thank you.