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Prices Paid: Buying & Leasing Experiences Hyundai Genesis Lease Questions
240 messages, Last post on Nov 12, 2009 at 3:36 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: toyoman8 (Dec 05, 2008 4:49 pm) 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. |
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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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Replying to: jeffal (Dec 06, 2008 7:10 am) I purchased my Genesis from Pugi Hyundai. They were very pleasant to work with, I tried working with other dealers and they either (a) had no idea how to work the incentives from hyundai or (b) were trying to rip me off. Either way their payments were off in some cases by $300 a month. Even the exisiting dealer I leased a Hyundai at from 24 months earlier gave no where near the deal I received at Pugi, You should check them out and ask for Patrick he was a good guy to deal with |
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Replying to: toyoman8 (Dec 05, 2008 4:49 pm) I would be happy to work up a sample lease payment on the exact car that you are interested in for you, however in order for me to do so I need you to provide me with its full MSRP and its dealer invoice price. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: zephyr2 (Dec 12, 2008 11:46 am) MSRP: $33,000 (base V6) Selling Price: $29,700 Lease Rebate: $500 Term: 27 months 12K miles / year MF of .00027 with 59% residual Monthly base payment (pre-tax): $373.88 0 cap reduction paid up front. Paid $1260.17 at delivery which included acq fee of $595, doc fee of $199.50, title of $10, tax on fees of $55.62, and first month payment of $400.05 (includes tax). Not sure how this stacks up, but I'm pretty happy with it. See you on the road! Vlad
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The 27mo lease seems good to me. And at lease end, I assume the price to purchase is 59% residual of the negotiated "purchase price" or car value, for example, $17,700 on a value of $30,000. My question is whether the car's trade-in value will be more or less than the residual value. My intention would be to keep the car. Thank you
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Replying to: george66 (Jan 08, 2009 1:41 pm)
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Replying to: kyfdx (Jan 08, 2009 1:46 pm)
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Replying to: george66 (Jan 09, 2009 10:40 am) If you are looking to lease, with the idea of buying the car at lease end, you will usually be better off purchasing the car in the first place. regards, kyfdx |
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Replying to: vlad92 (Dec 29, 2008 7:59 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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