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Hyundai Genesis Lease Questions

638 messages,  Last post on May 13, 2013 at 4:40 PM

You are in the Hyundai Genesis Forum.

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

Messages Page 59 of 65

#573 of 638 Re: Genesis Sedan in CT [Car_man] by cpaman

Mar 13, 2012 (4:48 pm)

Replying to: Car_man (Mar 13, 2012 4:32 pm)
Thanks Car_Man,
 
   Great numbers as always, just a quick question, do you think there will be much changes for April lease numbers?

#574 of 638 Re: Genesis Sedan in CT [Car_man] by dhwj

Mar 20, 2012 (4:45 pm)

Replying to: Car_man (Mar 13, 2012 4:32 pm)
Hi Car Man
 
I am negotiating to lease a 2012 Genesis 3.8. The dealer has not given me the lease quote yet but will (according to salesperson) take into account the Costco deduction from price (about $1,000) and the competitive make discount of $1,500. On the dealer's website it indicates a lease capitalized cost of $31,927.58 for a "standard" lease of the Genesis 3.8 (with no options). The initial payment is $2,999 of which $399 is the first month's payment. Is this $31,927.58 the amount remaining after credit for the $2,600 of the $2,999 which is supposed to go to pay down of the "principal" or is it the actual "sales price" from which the $2,600 will be deducted.
 
If the lease money factor is .00136 what should the residual be?
 
Thanks heaps!!!

#575 of 638 Re: Genesis Sedan in CT [cpaman] by Car_man HOST

Mar 22, 2012 (5:14 pm)

Replying to: cpaman (Mar 13, 2012 4:48 pm)
You're welcome cpaman. Hyundai's lease program is scheduled to run through April 2nd. It's difficult to say what its lease program will be like after that, but I suspect that it will be similar.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#576 of 638 Re: Genesis Sedan in CT [dhwj] by Car_man HOST

Mar 22, 2012 (5:20 pm)

Replying to: dhwj (Mar 20, 2012 4:45 pm)
Hi dhwj. It depends upon whether the dealer is talking about the gross capitalized cost or the net capitalized cost. Most likely it is the net, which means the actual amount financed with any capitalized cost reductions taken out.
 
Hyundai Finance's March buy rate lease money factor and residual value for a 36-month lease of a 2012 Genesis Sedan 3.8 with 12,000 miles per year are .00136 and 56%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#577 of 638 2013 3.8 Track lease by heymccall

Mar 29, 2012 (7:23 pm)

Hi Carman,
 
I currently have a 2010 GC Track MT acquired in April '09, for $1999 down, $379 mo (plus tax), from a $30250 window sticker, and a $1000 in lease cash from HFMC, on a 36 month term. I wish to lease a 2013 GC Track MT with a $33,625 window sticker, with a dealer seeling price of $33,100. I only have 22k miles on my 2010, so a 12k/ year lease is preferred (or a 10k/yr).
 
Working with top tier credit, what is the money factor and residual thru HFMC, and is there any lease cash, or returning customer moneys on this car?
 
Thank you for your time.
 
BTW, a dealer 250 miles from here gave a $570/mo for 36 with $2500 down lease guesstimate. I guess they've got to put food on their table too, albeit on 24k gold plates.

#578 of 638 Current leasing for 2012 Genesis 5.0 V* R-spec by rodhyman

Mar 30, 2012 (6:11 pm)

I'd really like to know how competitive the offering I'm being given is from the dealer. They showed me the invoice and they also have a $3000 rebate I can use towards the lease. However, I'd like to verify as to whether the money factor and other components they've outlined still have any room for me to negotiate.
Here are the numbers I was given:
2012 Genesis 5.0 V* R-spec
 
47485.00 MSRP
44151.00 Invoice
24692.00 Residual or 52.%
3000.00 Total rebate (1500 competitive coupon and 1500 lease cash)
 
.00209 Money Factor
12,000 miles
 
649.31 Monthly payment with tax, license -- everything -- 35 remaining payments
 
884.31 Due at lease start--- includes first montly payment
 
I've be very grateful for the feedback!

#579 of 638 Re: Genesis Coupe - Feb [Car_man] by myke0323

Mar 31, 2012 (8:33 pm)

Replying to: Car_man (Mar 04, 2012 10:51 am)
Hey Car_Man,
 
Do you happen to have the lease numbers for a 2013 Genesis Coupe 2.0T Base, 36 month, 15k miles/year?
 
I'm trying to decide between the 2012 and 2013 model.
 
Your help is always appreciated,
Mike

#580 of 638 Re: Genesis Sedan in CT [Car_man] by thewatchman

Apr 12, 2012 (12:38 pm)

Replying to: Car_man (Mar 13, 2012 4:32 pm)
Hi Car_Man,
Hope all is well.
Could you pls. let me know the money factor for a 2012 hyundai Genesis 3.8L, with Premium & Tech package for 36 months at 15K/yr miles for the month of April. The dealer is telling me the money factor is 0.00194.
 
Regards,
TheWatchMan

#581 of 638 Hyundai V6 sedan, premium package by hpowders

Apr 22, 2012 (8:08 am)

Hi Car_man.
 
I would like the residual and money factor for a 2012 Genesis sedan with premium package, 10,000 miles a year, 36 months.
 
Thank you!
 
hpowders

#582 of 638 Re: Genesis Coupe - Feb [myke0323] by Car_man HOST

Apr 22, 2012 (3:29 pm)

Replying to: myke0323 (Mar 31, 2012 8:33 pm)
Hi Mike. Hyundai Finance's April buy rate lease money factor and residual value for a 36-month lease of a 2013 Genesis Coupe 2.0T with 15,000 miles per year are .00223 and 66%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 59 of 65

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