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Hyundai Genesis Lease Questions

244 messages,  Last post on Nov 24, 2009 at 7:38 PM

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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#52 of 244
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 244
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 244
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 244
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!
#56 of 244
Re: Genesis Hosts [bp242_tx] by bp242_tx
Feb 23, 2009 (4:21 pm)
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Replying to: bp242_tx (Feb 23, 2009 4:03 pm)

Forget my question about the Houston lease program. I was looking at the website wrong. I am waiting to hear back from the dealer what they can actually offer. I will post it once I know.
#57 of 244
Drove a Genesis by anonymousposts
Mar 01, 2009 (7:08 am)
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and was completely surprised what a great vehicle this is and how well put together it seems.
 
The local Hyundai dealer offered me this deal ... not sure about it though ....
 
2009 Hyundai Genisis V6 with premium and technology package
 
MSRP: $40,000
Cap cost: $37,223
Due at signing: $0.00
550 + tax per month
 
We walked on the deal because I wasn't prepared to buy a Hyundai and didn't have time to do any research.
#58 of 244
Genesis Lease by pk45
Mar 02, 2009 (6:29 am)
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I have a few questions regarding the leases offered by Hyundai Genesis V6 with premium package. Was working on a deal on Fri. and they did not know about the lease offer. After a hour they agreed but when we got to the end they wanted over $4000 down to get to the $419 lease payment. They explained that in addition to the $2599 down there was $799 dealer fee, $595 acquisition fee, $199 for title, doc, and tag, and $89 for dmv. I am worried that Hyundai won't extend the leases (today is the last day for this offer) but I want to know which of these are bogus, I was hoping the $2599 would cover everthing. I need help quickly
#59 of 244
Re: Genesis Hosts [Car_man] by wgr3
Mar 02, 2009 (8:17 am)
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Replying to: Car_man (Feb 06, 2009 3:45 am)

Actually Car_man, the special residual and lease factor only apply at the 12,000 mile level, .00015 and 54% on the V8. A customer wishing a different term will not benefit from the lease rebate or lease factor. Extra miles are available at $0.15 per mile at inception.
#60 of 244
Re: Genesis Lease [pk45] by wgr3
Mar 02, 2009 (8:18 am)
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Replying to: pk45 (Mar 02, 2009 6:29 am)

What state are you in?
#61 of 244
Re: Genesis Lease [wgr3] by pk45
Mar 02, 2009 (8:28 am)
Reply

Replying to: wgr3 (Mar 02, 2009 8:18 am)

Florida

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