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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

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


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#46 of 240
GENESIS LEASE by roberts10
Jan 28, 2009 (3:05 pm)
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I am looking to lease a new Genesis in the next month when my Acura RL lease expires. Does anyone know if you can do better than the current 27 month lease deal? Are dealers willing to go lower than this deal? Also, I want to lease the V6 but with the tech package. not the base..whats the lease payment on that car? I think the MSRP is $40,000 with everything. Any help on lease pricing would be appreciated.
#47 of 240
Genesis Hosts by sweendogy
Jan 28, 2009 (6:27 pm)
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Replying to: Car_man (Jan 16, 2009 3:25 am)

Hello--
 
just wanted to comment on the host interaction on this chat and would like to say thank you for your comments.. its good to see chats that add value to the channels. ==
Thanks again and keep it up..
#48 of 240
Re: GENESIS LEASE [roberts10] by Car_man HOST
Feb 01, 2009 (7:28 am)
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Replying to: roberts10 (Jan 28, 2009 3:05 pm)

Hi roberts10. 27 months is definitely the term to go with if you want to lease a Genesis through Hyundai Finance right now. That is its most attractive program for this car. Like most manufacturers' official advertised leases, I suspect that you can do better than the payments that Hyundai is advertising on this car right now. In order to do so, you need to negotiate a lower selling price than the one that was used to arrive at the advertised payment.
 
Shop around for the lowest selling price possible on this car. If I was interested in leasing a Genesis V6, I personally would shoot for a selling price of right around dealer invoice minus the $1,000 cash incentive that Hyundai is providing on it right now. You can look up the exact invoice price of the car that you want over in the New Vehicle Pricing section of Edmunds.com.
 
Good luck and let us know if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#49 of 240
Re: Genesis Hosts [sweendogy] by Car_man HOST
Feb 01, 2009 (7:29 am)
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Replying to: sweendogy (Jan 28, 2009 6:27 pm)

Thank you very much for the kind words, sweendogy.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#50 of 240
Re: Genesis Hosts [Car_man] by aohurst
Feb 01, 2009 (8:56 am)
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Replying to: Car_man (Feb 01, 2009 7:29 am)

Car Man,
Do you know the money factor and residual for the V8? Is there a special 27 month deal on the V8 as there is on the V6?
#51 of 240
Re: Genesis Hosts [aohurst] by aohurst
Feb 01, 2009 (9:34 am)
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Replying to: aohurst (Feb 01, 2009 8:56 am)

Wait, from what I can see. Money factor is the same on the V6 as V8 for the special 27 months.
Can you tell me residual for 10k, 12k and 15k on the V8?
#52 of 240
Re: Genesis Hosts [aohurst] by chavogringo
Feb 04, 2009 (2:39 am)
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Replying to: aohurst (Feb 01, 2009 8:56 am)

This is a great forum. Good job guys.
 
I am looking for the new leasing numbers on the v6 with premium and 15000 miles. It is my understanding that the program changed on 2/2/09. What is the new residual value and money factor? Thanks for any help you can provide.
#53 of 240
Re: Genesis Hosts [aohurst] by Car_man HOST
Feb 06, 2009 (3:42 am)
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Replying to: aohurst (Feb 01, 2009 8:56 am)

Hello aohurst. Yes, Hyundai is providing support on the V8 model. Its current buy rate lease money factor and residual value for a 27 month lease of a 2009 Genesis V8 with 15,000 miles per year are .00015 and 53%, respectively. This residual value would be 1% higher for a lease with only 12,000 miles per year. I'm not sure if Hyundai offers a 10k option, but if it does I have never seen anything about it.
 
When negotiating your lease on this car, make sure to take the $1,250 cash incentive that Hyundai is currently providing on leases off it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#54 of 240
Re: Genesis Hosts [chavogringo] by Car_man HOST
Feb 06, 2009 (3:45 am)
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Replying to: chavogringo (Feb 04, 2009 2:39 am)

I'm glad that you like this forum so much, chavogringo. Hyundai's February lease program for the Genesis is exactly the same as its January program was. Its current buy rate lease money factor and residual value for a 27 month lease of a 2009 Genesis V6 with 15,000 miles per year are .00015 and 56%, respectively.
 
When negotiating your lease on this car, make sure to take the $1,000 cash incentive that is available on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#55 of 240
Re: Genesis Hosts [Car_man] by bp242_tx
Feb 23, 2009 (4:03 pm)
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Replying to: Car_man (Feb 06, 2009 3:45 am)

Hi Car_man,
 
Thanks for the info on the the Genesis leases. I am interested in leasing the V8 from Champion Hyundai in Houston, TX. I entered my zip (77581) in the "special offers" section on www.hyundaiusa.com and the special offer of $399.m for 27 months is offered. However, via email, the dealership is telling me that Hyundai is offering the whole country except the SE Region this deal and he then mentioned the low APR purchase rates. It sound like fishy to me as it contradicts their website. Do you have any insight on this?
 
Thanks!

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