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Prices Paid: Buying & Leasing Experiences 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
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Replying to: roberts10 (Apr 11, 2009 11:24 am) CPAMAN |
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Replying to: cpaman (Apr 11, 2009 11:59 am)
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Replying to: roberts10 (Apr 11, 2009 12:07 pm) MSRP - 40,100 Sales price - 37,693 Money Factor - .0006 36 Months Residual - 49% Cap Cost Reduction - 2,200 Rebate - 1,000 Payment - $462 If i get the 3.8 without tech package: MSRP - 34,000 Sales Price - 29,546 Payment - $311 I am going for a test drive this weekend, i'm not sure about the MSRP, i will work on talking that down, otherwise these deals looks great, am i missing something cuz it looks a little too good to be true. CPAMAN
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Replying to: cpaman (Apr 16, 2009 3:57 pm) For the basic car at 311...I think thats good too... But i wanted all the bells and whistles. so I went with the loaded car. I didnt deal on a basic car. so not sure on that payment. There is also a premium package you can price out. with some goodies on the car. |
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Replying to: cpaman (Apr 16, 2009 3:57 pm) If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment. |
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CAR MAN Quick question, how do you calculate the sales tax on car leases if you want to pay the tax up front. Do you pay tax only on the total lease payments?? Do you also include tax on the cap cost reductions (downpayments and/or trade in)? I am about to seal the deal on my lease and when i tried to recalculate the sales tax it didn't add up. The total lease payments come to $13,658.68 and the sales tax in NY is 8.375%, so the amount i come to is $1,144, the amount the dealership quoted me is $1,644.52 which is about $500 difference, please response as soon as possible i need to give them an answer by Monday. Thanks for your help CPAMAN
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This forum has been very informative . I really like the Genesis V6 with tech package. Some of the recent lease prices sound great. If I could get those same numbers(less than $500/ month including taxes) I would be very interested. Anyone know dealers in southFlorida that are willing to match ? Thanks |
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Yesterday I finally bit the bullet and leased a Genesis at the Hyundai on I75 near Weston. 3.8 Silver/black interior, wing badges $515 including taxes $2500 down payment including 1st month 36 month lease. 49% residual 15,000 miles per year $19,280 to buy at the end of 36 months I think the $19,280 would seem quite reasonable for this car in 3 years if I keep with in the mileage. If the Genesis catches on like it has then I would think that this car will be worth low to mid 20's depending on condition and wear and tear. A first for Hyundai. Hope this helps.
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Replying to: toye (Apr 19, 2009 4:52 am) Was that a v6 with tech package? Sounds like a great deal. |
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V6 Tech package I thought it was about the best I could get here in South Florida. I hear some dealer in WPB were marking up the Genesis by 5k. If the demand is building for car expect it to happen more often. It took 2 plus hours to get that deal so it wasn't easy. I have owned a 96' Accent, 00' Sonata, 04' XG350 and just recently a 06' Azera. Every car was a major step forward and now the Genesis just blows everything away including the competition.
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