Price Paid For 2015 Genesis

[baobay]

Can you share which dealer? Did you get any incentives?

Balise Hyundai, Hyannis.
no incentives. I had to sign a couple $500 certificates at the closing. I guess those were incentives.
the offer for an ultimate they had was $635 per month.

 

[OneOfOne]

Hi, new member here.

I'm looking for a Genesis 5.0 Ultimate Package in Empire State Gray. The only ones I can find in my area have Ivory interior, which is just fine, to me.

The MSRP looks like it's around $55-56K. I went to Truecar and I had 3 dealers respond saying they would honor the Truecar discount and the final price (before TTL) would be between $47,500-$48,600, depending on the dealer.

This seems waaay to good to be true for a 5.0 Ultimate. Is there a catch?

theres no catch. the 5.0 isnt selling as well as hyundai expected.

 

[RSPEC429]

theres no catch. the 5.0 isnt selling as well as hyundai expected.

I'm getting that impression as well.

 

[Sal Collaziano]

theres no catch. the 5.0 isnt selling as well as hyundai expected.

I'm getting that impression as well.

Say goodbye to the V8 then. It's only a matter of time before the twin turbo V6 replaces it. Hyundai is not interested in losing money - and it's not going to have anything to do with "the government". I see a million Genesis Sedans every day - and never a V8. Well. Maybe one here or there. I have nothing against the V8. I like it - just as much as I appreciate the rare sighting of a Camaro or Mustang V8 - or anything else for that matter. V8s sell less MAINLY because they're more expensive - and people want to get "the car of their dreams" regardless of engine size. But there are plenty of V8 Camaros, Mustangs and Chargers on the road. Very, very few Genesis V8s...

 

[greekgeek]

Get that V8 while the gettings good gents, it's a ginoramus value at sticker compared to competitors, and even more exceptional considering it costs less OTD than the similar trim V6's for the last few months...

 

[parinda]

Hi Guys,

Need some advise and insight on following deal I am being offered by a delar.

Genesis 3.8 AWD Ultimate package
MSRP: $52800

willing to give for $45000 + tax + fee.
down payment $5000
life time oil change.
but financing rate is 3.99% and for 60month and he gave me monthly payment of $833

I can refinance it after 3 month from my bank and there is no penalty for this.

I am in NJ so tax is about $3150 calculated based on 7%.
When I calculate how much fees I am paying based on my down payment and monthly payment of 833, total fees come to about $2000. Any idea on what fees they charge beside title, registration etc.
Is this a good deal???

Thanks a Lot

 

[DRS]

Say goodbye to the V8 then. It's only a matter of time before the twin turbo V6 replaces it. Hyundai is not interested in losing money - and it's not going to have anything to do with "the government". I see a million Genesis Sedans every day - and never a V8. Well. Maybe one here or there. I have nothing against the V8. I like it - just as much as I appreciate the rare sighting of a Camaro or Mustang V8 - or anything else for that matter. V8s sell less MAINLY because they're more expensive - and people want to "get the car of their dreams" regardless of engine size. But there are plenty of V8 Camaros, Mustangs and Chargers on the road. Very, very few Genesis V8s...

Your logic here circles around. The "car of their dreams" with a TT buzz saw will cost more than the V8. Bet a dollar against you in that reality.

Looks like to me that more V8s are sold in Genny line than CTS-V, or even the V-Sport. Yet, Caddilac still is behind a halo V8.

Many of the first gen V6 were rentals.

Those Genny's sold new from 2009-2012, it was reported by dealer, 30 percent were the 4.6. I see many used 4.6 around.

Point is, over time, plenty of V8s are sold to justify higher price and performance.

"M" series with BMW that use the 6 instead of V8 are reported 40% lower in sales (Wards Automotive News, which I do not have the week that snippet was published).

And yes, there is a culture of tyranny that tries as they might through faux CO2 "pollution" measurements to require wheezing motors. Mother Authority just had a article about VW supporting their 6 litre W12.. New tech in it reduces CO2 "footprint" to well within European and U.S. Standards through the end of the decade. They are using what is suggest in the Tau (and GM already widespread on V8).. Cylinder deactivation and combination GDI with FI.

I bet if Hyundai did not have only one version of the V8, where the pano roof, and other items were added as required, they would sell additional units.

Ford forced a mild tuned V8 in the SHO. Killed it. Mild handling, and power, no option for high performance compared to previous V6 (plus other silliness in capability, no AWD, added weight of chassis design, cappy tuning and styling) all played a part in a V8 death. Yet today, the TT SHO AWD is not a big seller.. Not because it is a Ford Taurus, but because the TT V6 and other factors do not generate the emotion to grow sales.

Now today we have a similar situation. Overweight Genny Chassis, mild tune for the V8, only luxury focus. Putting a TT truck engine will not fix that. Nor with a SHO TT V6 version of the Genny called R-Spec or whatever. Especially with no more power and only 40 lbs lighter than the current V8.

You want a TT V6 and will justify it with false critical comments about V8 sales. Go for it... History will not work in your favor.

 

[Sal Collaziano]

Why are we talking about the CTS-V here? That's a halo car and will probably have a V8 for a long, long time. I don't know WHO is going to be the first to put a V6 with forced induction in their halo car first (Mercedes E63? BMW M5? Cadillac CTS-V?) but I don't foresee that coming any time soon. No brand is going to sell enough V8 halo cars to affect CAFE or whatever.

When I mention "car of their dreams" - I'm referring to people who dream of owning a new Camaro, Mustang or car in that class. Most of these people are happy to own their dream car with a V6 because it's the style of the car that attracted them in the first place.

You're sharing your opinions and that's perfectly fine but I'm thinking about facts. If Hyundai is not selling a lot of V8s, they're not going to keep selling them. UNLESS they make a Genesis-N Sedan. Then I HOPE they use the V8. At least at first...

This is not a discussion about V8s and their inevitable demise. This is about the price people have paid for their 2015 Genesis Sedan. If you'd like to have a discussion regarding the demise of the V8, start a new topic please.

 

[scooterb]

Researching purchase of a 3.8 AWD Ultimate.
Truecar is showing me following pricing (including $1000 in competitive owner coupon).
Couple of questions -
1) should i consider this a place to start with negotiations ? (in other words - should i view this as pricing anyone off street should expect to get but there is more dealer discount to be had)
2) i've read others talk about $3000 in incentives...viewing the Hyundai incentives, i don't see how this can be. am i confusing their comment on incentives with better negotiatied pricing ?
2015 Hyundai Genesis Pricing Details near Fishers, IN

Factory Invoice Average Paid MSRP TrueCar Estimate
Base $37,978 $39,398 $40,500 $36,993
Options $10,234 $9,510 $11,280 $10,234
Regional Fees $415 $415 $0 $415
Destination Fees $950 $950 $950 $950
Customer Incentives n/a -$1,000 n/a -$1,000
Total $49,577 $50,273 $52,730 $47,591
Estimated Savings off MSRP: $5,139

 

[RSPEC429]

Researching purchase of a 3.8 AWD Ultimate.
Truecar is showing me following pricing (including $1000 in competitive owner coupon).
Couple of questions -
1) should i consider this a place to start with negotiations ? (in other words - should i view this as pricing anyone off street should expect to get but there is more dealer discount to be had)
2) i've read others talk about $3000 in incentives...viewing the Hyundai incentives, i don't see how this can be. am i confusing their comment on incentives with better negotiatied pricing ?
2015 Hyundai Genesis Pricing Details near Fishers, IN

Factory Invoice Average Paid MSRP TrueCar Estimate
Base $37,978 $39,398 $40,500 $36,993
Options $10,234 $9,510 $11,280 $10,234
Regional Fees $415 $415 $0 $415
Destination Fees $950 $950 $950 $950
Customer Incentives n/a -$1,000 n/a -$1,000
Total $49,577 $50,273 $52,730 $47,591
Estimated Savings off MSRP: $5,139

The $3000 of rebates that I am using come from the $1000 competitive/valued owner, $1500 lease cash and $500 military.

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[db6]

Researching purchase of a 3.8 AWD Ultimate.
Truecar is showing me following pricing (including $1000 in competitive owner coupon).
Couple of questions -
1) should i consider this a place to start with negotiations ? (in other words - should i view this as pricing anyone off street should expect to get but there is more dealer discount to be had)
2) i've read others talk about $3000 in incentives...viewing the Hyundai incentives, i don't see how this can be. am i confusing their comment on incentives with better negotiatied pricing ?
2015 Hyundai Genesis Pricing Details near Fishers, IN

I've had the same questions. It's hard to tell what the dealer will do, but as far as TrueCar goes, it seems they use that as their bottom line. I think it's good to use as a reference, but I think you should be able to negotiate better pricing.

The incentives are a bit confusing. Dealer cash isn't listed on the Hyundai website, but all of the dealers that I have worked with seem to offer $1500 in lease cash for the 2015 Genesis.

 

[RSPEC429]

db6, from what I understand, that $1500 lease cash is not something that will show up on the Hyundai website. I've been told that it's something that the dealerships receive directly from Hyundai via memo.

 

[nizmoz]

Why are we talking about the CTS-V here? That's a halo car and will probably have a V8 for a long, long time. I don't know WHO is going to be the first to put a V6 with forced induction in their halo car first (Mercedes E63? BMW M5? Cadillac CTS-V?) but I don't foresee that coming any time soon. No brand is going to sell enough V8 halo cars to affect CAFE or whatever.

Cadillac already did on a few of their cars. V6 TT.

 

[db6]

db6, from what I understand, that $1500 lease cash is not something that will show up on the Hyundai website. I've been told that it's something that the dealerships receive directly from Hyundai via memo.

Thanks! That's good to know when negotiating. Now I just need to wait for the deals to get a little sweeter!

 

[Sal Collaziano]

The incentives are a bit confusing. Dealer cash isn't listed on the Hyundai website, but all of the dealers that I have worked with seem to offer $1500 in lease cash for the 2015 Genesis.

Lease cash? They actually offer $1500 off the price if you want to lease?

 

[Aquineas]

Lease cash? They actually offer $1500 off the price if you want to lease?

Yup. Kinda sucks if you're a buyer, but I put too many miles on a car to lease.

 

[Sal Collaziano]

Cadillac already did on a few of their cars. V6 TT.

Cadillac hasn't had V8s in their mainstream vehicles in years. I'm talking about halo cars here. Cars like the CTS-V, M5, E63 AMG are going to have V8s for the foreseeable future. But cars like the Genesis (non-N) are going to get twin turbo V6s like everyone else. It would actually be kind of ridiculous if Hyundai kept their Tau V8 in the mainstream Genesis (non-N) while industry leaders (who are leaders for a reason) ditch them in everything but their halo vehicles.

Not only would Hyundai look bad to all the environmentalist media reporters -- who certainly make vehicle purchase decisions for an ever-growing population of distracted American customers -- but it would also look like a brand which cannot innovate with the best of 'em. So Hyundai will certainly, in my opinion, follow the pack and (again) in my opinion - will absolutely not offer ONLY a V8 in the third generation Genesis sedan - if ANY V8 at all (besides "N")...

Hyundai-N: Namyang Research and Development

Yup. Kinda sucks if you're a buyer, but I put too many miles on a car to lease.

Now I wonder if they'll tack that lease cash discount onto a conquest/loyalty discount AND TrueCar price...

 

[Man of Mystery]

I've been negotiating the price on a 3.8 Ultimate and have used TrueCar and Cars Direct to get some sort of a target. I found that by requesting a quote from several dealers through either TC or CD one can end up beating the prices shown by TC and CD by quite a bit.

I was looking for a rather unique, for this area, combination Silver/Gray and ended up with an 11% + discount from MSRP and well below what TC was showing for the Certified Dealers. I ended up at what TC shows as an "Unusually Low Price" for the DC area.

It took several days of negotiation and to find the car, but if all goes well tomorrow I should be closing the deal on Thursday.

If you don't want to spend the time negotiating/haggling then just get the price from several dealers through either TC or CD, then going with whichever one has what you want at the price you want seems to be the way to go. Beware, however, some of the dealers may not have the actual car in stock but are betting that they can acquire it in a reasonable amount of time or try to get you to switch to a similar one they have on the lot.

 

[Sal Collaziano]

Thank you, Bob. And welcome to the community! Keep us posted on your new Genesis purchase!

I've been negotiating the price on a 3.8 Ultimate and have used TrueCar and Cars Direct to get some sort of a target. I found that by requesting a quote from several dealers through either TC or CD one can end up beating the prices shown by TC and CD by quite a bit.

I was looking for a rather unique, for this area, combination Silver/Gray and ended up with an 11% + discount from MSRP and well below what TC was showing for the Certified Dealers. I ended up at what TC shows as an "Unusually Low Price" for the DC area.

It took several days of negotiation and to find the car, but if all goes well tomorrow I should be closing the deal on Thursday.

If you don't want to spend the time negotiating/haggling then just get the price from several dealers through either TC or CD, then going with whichever one has what you want at the price you want seems to be the way to go. Beware, however, some of the dealers may not have the actual car in stock but are betting that they can acquire it in a reasonable amount of time or try to get you to switch to a similar one they have on the lot.

 

[RSPEC429]

Now I wonder if they'll tack that lease cash discount onto a conquest/loyalty discount AND TrueCar price...

In a few words, yes: http://www.dougshyundai.com/seattle...4JF5FU021269/~/ModelActual_~ExteriorColor_/15

Texas does not have the $1500 conquest cash however...only $1000.