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Hyundai Genesis Lease Questions

638 messages,  Last post on May 13, 2013 at 4:40 PM

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What is this discussion about? Hyundai Genesis, Hyundai Genesis Coupe, Car Buying, Car Leasing, Coupe, Sedan

Messages Page 35 of 65

#332 of 638 Re: Genesis Lease [bennych1] by Car_man HOST

Sep 22, 2010 (3:13 am)

Replying to: bennych1 (Aug 06, 2010 7:24 pm)
Hi bennych1. Hyundai's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Sedan V6 with 15,000 miles per year are .00132 and 56%, respectively.
 
The numbers for an otherwise identical lease of a Genesis Sedan V8 are .00142 and 55%.
 
I don't believe that Hyundai is currently providing any cash incentives on leases of the '11 Genesis Sedan right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#333 of 638 Re: money factor on genesis sedan and coupe [muse426] by Car_man HOST

Sep 22, 2010 (3:23 am)

Replying to: muse426 (Sep 02, 2010 9:58 pm)
Hi muse426. The '11 Genesis Coupe's money factors and residual values vary by trim level. They're anywhere from .00150 to .00180 on the '11 Coupe.
 
Hyundai Finance's current 36 month, 12,000 mile per year buy rate lease money factor and residual value for the '11 Genesis Sedan V6 are .00132 and 58%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#334 of 638 Re: Need residual and MF for Genesis Coupe 3.8 [avex] by Car_man HOST

Sep 22, 2010 (3:29 am)

Replying to: avex (Sep 08, 2010 11:06 am)
I'd be happy to help you out, avex.
 
Hyundai Finance's September buy rate lease money factor and residual value for a 36 month lease of a base 2010 Genesis Coupe 3.8 with an automatic transmission and 15,000 miles per year are .00180 and 54%, respectively.
 
The numbers for an otherwise identical lease of a base '10 Genesis Coupe 3.8 GT with an automatic transmission are .00180 and 54%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#335 of 638 Lease buyout experiences? TPS issues? by genesis57

Oct 01, 2010 (1:57 pm)

I've got a 2009 3.8 Genesis loaded that is coming off the 24 month lease and has 25K miles. Have loved this car...so want to keep it. Just wondering if anyone else has purchased after the lease and if: 1) you were able to negotiate the sale price at all? (not common), 2) had any surprises with the process?, 3) worked with a dealership or sent the payoff check directly to lien holder?
 
It's nice to buy out a lease and end up with several thousand in equity (to BB retail) and a great car)
 
Also, any other experiences with getting service dept to replace the Throttle Position Sensor? I have noticed some hesitation on acceleration lately....
 
Thanks!

#336 of 638 Re: Lease buyout experiences? TPS issues? [genesis57] by toye

Oct 01, 2010 (2:11 pm)

Replying to: genesis57 (Oct 01, 2010 1:57 pm)
Mine will be up after 36 months and I will probably have about 37k on it and they 3.8 Tech my buy out will be just under 19k according to my paperwork.

#337 of 638 Re: Lease buyout experiences? TPS issues? [genesis57] by kingpcgeek

Oct 01, 2010 (4:32 pm)

Replying to: genesis57 (Oct 01, 2010 1:57 pm)
You cannot negotiate the sale price of a car coming off lease. What the lease paper works states is the residual value is the price you pay. Think about it, if the car were worth a lot less then the contracted residual value would you let the lender charge you for the difference?

#338 of 638 Re: Lease buyout experiences? TPS issues? [kingpcgeek] by genesis57

Oct 01, 2010 (8:53 pm)

Replying to: kingpcgeek (Oct 01, 2010 4:32 pm)
Yeah....think about it. You can indeed negotiate the lease buyout sale price with some companies, my question was regarding any experience with Hyundai. Most lease returns are going to go to auction, or will be sold at a discount to a dealer and they won't get the full residual, so there's often room for negotiation. Some companies have an insurance that covers this gap, so they are not motivated to deal...but buyers will never know who does, and who doesn't...so again, my question regarding any real life experience. I doubt there is...but it can't hurt to ask.

#339 of 638 Re: Lease buyout experiences? TPS issues? [genesis57] by bennych1

Oct 02, 2010 (12:17 pm)

Replying to: genesis57 (Oct 01, 2010 1:57 pm)
I had a great experience. Had a 3.8 2009 with 17000 miles. To get best financial deal, I decided to lease a 2011 4.6. I couldn't negotiate buyout price with Hyundai finance but negotiated trade price with dealer. Picked up 2000 equity from trade and no turn in fees (400). Got a terrific price on 2011 and for a 3 year lease lowered my lease payment 40 month with big improvement in the car. I loved my 2009 but...Drive the 2011...it is a much better ride with every bell and whistle. Also, check out hyundai think tank/hyundai circle. Path to a fabulous deal!

#340 of 638 Re 2011 Genesis Coupe 3.8 Leasing Information by infalliblesal

Oct 02, 2010 (11:11 pm)

Hello Car man,
 
can you provide me with the following information on a 2011 Genesis Coupe 3.8 base (no navi) with Automatic Transmission, on a 36 month, 12000 miles/yr lease, in NYC
 
MSRP
Invoice
Holdback
Residual %
Residual $
Money Factor
Estimated Monthly payment with 0 down
 
Would also appreciate the same info for Grand Touring of the same model.

#341 of 638 Re: Re 2011 Genesis Coupe 3.8 Leasing Information [infalliblesal] by Car_man HOST

Oct 07, 2010 (3:49 am)

Replying to: infalliblesal (Oct 02, 2010 11:11 pm)
Hi infalliblesal. You can find the pricing data that you're looking for over in the New Vehicle Pricing section of Edmunds.com.
 
Hyundai Finance's October buy rate lease money factor and residual value for a 36 month lease of a 2011 Genesis Coupe 3.8 with 12,000 miles per year are .00150 and 57%, respectively.
 
I believe that the numbers for the Grand Touring model are .00150 and 58%.
 
Let me know what the prices for the exact models that you are interested in are and I will be happy to work up some sample lease payments on them for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 35 of 65

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