Last post on Nov 23, 2013 at 7:19 AM
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Hyundai Genesis, Hyundai Genesis Coupe, Car Buying, Car Leasing, Coupe, Sedan
#485 of 657 Re: 2011 + 2012 gencoupe grand touring [snootch]
Aug 14, 2011 (12:15 pm)
Hey snootch. Hyundai Finance's August buy rate lease money factor and residual value for a 2012 Genesis Coupe Grand Touring with 12,000 miles per year are .00230 and 60%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2011 model are .00098 and 54%.
I don't think that Hyundai Finance offers leases with only 10,000 miles per year, but if it does its residuals for that allowance are likely 1% higher than its 12k residuals.
Prices Paid: Buying & Leasing Experiences Forum
#486 of 657 Re: Lease residual and Money factor [Car_man]
Aug 14, 2011 (6:22 pm)
Thank you for the quick reply. I am looking at the R-Spec sedan. I should have ben more specific. Any help you can give is greatly appreciated.
Aug 23, 2011 (7:25 am)
I have an offer for a 2011 4.6 lease 36 months, 12k miles, no money down out the door for $428 month not including tax. I noticed they have a $400 disposition fee that seemed high. What is the residual and money factor for the 2011 4.6, 3 yr. 12k mile ?
#489 of 657 2012 Genesis Lease
Aug 25, 2011 (9:44 am)
I'm looking at leasing at new 2012 Hyundai Genesis 3.8 with premium package. Can someone please tell me if they've leased this model and what is "considered" a good deal. I'm looking to put down 3K and my payment would be 385 a month. Also has anyone waived he 399 doc fee?
#490 of 657 Re: 2012 Genesis Lease [dutton22]
Aug 25, 2011 (2:08 pm)
Is the $385 including taxes. Also is this 3k of your own money plus 1500 rebate. If the rebate is not included it appears you have a good price. As a general rule it is not a good idea to put money down on a lease.
#491 of 657 Re: 2012 Genesis Lease [edrpc]
Aug 25, 2011 (5:10 pm)
Thanks for the infor Edrpc. I'm new to leasing so the 3K would be money out of my pocket. So what can I expect the payment to be with no money down. Can I really get a payment close to 400 a month with no out of the pocket cost? Thanks for the feedback.
#492 of 657 Re: 2012 Genesis Lease [edrpc]
Aug 25, 2011 (5:10 pm)
Thanks for the info Edrpc. I'm new to leasing so the 3K would be money out of my pocket. So what can I expect the payment to be with no money down. Can I really get a payment close to 400 a month with no out of the pocket cost? Thanks for the feedback.
#493 of 657 Re: 2012 Genesis Lease [dutton22]
Aug 26, 2011 (11:20 am)
you can go to www.leaseguide.com an figure out your payment. you will need the residual and money factor. the residual on 12,000 mile lease is 61% and 60% on 15,000. i think the money factor is .00199.
#494 of 657 Re: 2012 Genesis Lease [edrpc]
Aug 26, 2011 (1:46 pm)
Thanks the for website. I just walked on a dealer he wanted to give me a .00219 money factor. Its great when you are informed before signing anything. I'm thinking about going in and really playing hardball at the end of the qtr 9/30/2011. Also asked about the doc fee and they said they could not waive that fee which I believe is totally hogwash.