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Hyundai Genesis Lease Questions

239 messages, Last post on Nov 05, 2009 at 11:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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 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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Replying to: george66 (Jan 09, 2009 10:40 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Hello Everyone, Like many here, I'd like to lease a Genesis. I'd been in contact via email with one of the dealerships mentioned in another post, and when in my second email I wrote that I drive 20,000 miles per year and asked how I could pay for this mileage up front to avoid paying a premium/penalty at lease end, the salesperson stopped corresponding. Is 20,000 miles per year out of bounds for leasing a car? I'm not sure where to go from here. I'm not interested in keeping the car beyond the lease period - a new car every couple of years is one of the very few treats I allow myself. Doing this by purchasing and going into the dealership upside down with three years left on a loan gets to be too expensive. Any thoughts? Also, does anyone have any thoughts on using online lease brokers such as 1 Click Auto Brokers? Thank you! Jim
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