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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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#80 of 244
Re: Current lease deals for genesis [drewpark21] by Car_man HOST
Apr 01, 2009 (3:12 am)
Reply

Replying to: drewpark21 (Mar 25, 2009 12:22 pm)

Hi drewpark21. This car's lease payment will vary depending upon what its MSRP and selling price is and what mileage allowance you need. If you provide me with these numbers, you can look up the pricing info right here in the New Vehicle Pricing section of Edmunds.com, I will be happy to use Hyundai Finance's actual lease program to work up a payment for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#81 of 244
Re: 36 Month Lease Question [Car_man] by t8935x
Apr 02, 2009 (5:02 am)
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Replying to: Car_man (Mar 13, 2009 1:45 am)

Hi Car_man... Need your help! I don't understand the term 'MONEY FACTOR'. I assume that the 46% number applies to the residual factor (which is to say that HYUNDAI is pricing this 36 month 15K lease on the basis of the car being worth 46% of its original value after the lease...??? But what is the money factor.
 
Appreciate your help. (Looking to lease a 3.8 for 36 months with 15K... What do you think is a fair price - with the PREMIUM PACKAGE)?
 
t8935x
#82 of 244
Re: 36 Month Lease Question [t8935x] by tarpumn
Apr 02, 2009 (4:48 pm)
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Replying to: t8935x (Apr 02, 2009 5:02 am)

I have had my Gen. for less then a month.
It's a 3.8 with Prem. plus package. Got it for $2500 down and 435 and month INC. TAXES.
Thought this a pretty good deal.
 
Tom
#83 of 244
Re: 36 Month Lease Question [tarpumn] by t8935x
Apr 03, 2009 (4:29 am)
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Replying to: tarpumn (Apr 02, 2009 4:48 pm)

Thanks for your reply, Tom.... It is most appreciated. One last question.... wa this for 12k or 15k miles??
#84 of 244
Re: 36 Month Lease Question [t8935x] by tarpumn
Apr 03, 2009 (8:18 am)
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Replying to: t8935x (Apr 03, 2009 4:29 am)

oops, sorry,
My lease is for 15K per year.
#85 of 244
Genesis by gsvipul
Apr 03, 2009 (2:36 pm)
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Hi Tom,
 
Can you please tell me if yours was a V6 with Tech Pkg or not and from which dealer you got this deal.
 
Thanks for your help.
#86 of 244
Re: Current lease deals for genesis [Car_man] by drewpark21
Apr 05, 2009 (3:12 pm)
Reply

Replying to: Car_man (Apr 01, 2009 3:12 am)

Hi Car_man,
I looked up the numbers for a V8 Tech Package. They were $39,354 for the True Market Value and $42,000 for the MSRP. The mileage allowance I need is 12,000 miles. It would be great if you could work up a payment for me!
Thanks so much.
#87 of 244
V-6 lease by tarpumn
Apr 07, 2009 (6:14 pm)
Reply
Mine is a preimum plus pack, not a tech pack.
Leased from Cocoa Hyundai, Cocoa fl.
Hope this helps.
Tom
#88 of 244
Re: Current lease deals for genesis [drewpark21] by hyundaima1
Apr 08, 2009 (7:10 am)
Reply

Replying to: drewpark21 (Mar 25, 2009 12:22 pm)

A 2009 Genesis V8 with an MSRP of $40,100 has an invoice of $39,951 and has a rebate of $1250. A 36 month lease with $2300 due at signing is around $530. Based on 12000 miles per year and a money factor of .00060 and a residual value of 47%.
#89 of 244
Re: 36 Month Lease Question [t8935x] by Car_man HOST
Apr 09, 2009 (3:09 am)
Reply

Replying to: t8935x (Apr 02, 2009 5:02 am)

Hi t8935x. Money factors are used to calculate the interest portion of lease payments. One can convert money factors into approximate interest rate equivalents to get an idea of how good they are by multiplying them by 2400. The following informative articles that are available here at Edmunds.com contain all of the information about how leasing works that you'll ever need to know: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Check them out and ust us know if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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