Post purchase price details here (US $ only)

[Beefer]

What you're saying is dealership employees are Hyundai employees.

Actually...the more I think about it...are they? They are employees of the dealership who are individually owned.

So I guess they are "treated" as direct Hyundai employees...which makes sense.

So Plan-Z are for dealer employees...which are treated like direct employees of Hyundai.

I hope that settles it

 

[danygenesis]

They're dealership employees, not Hyundai corporate employees..

Well, they get plan Z discount. I don't know how much the other plans get but this one is huge.

 

[Beefer]

In all of this...I now wonder if direct Hyundai employees (r_spec) get even DEEPER discounts. If yes...that is insanely friggin nuts...LOL.

 

[danygenesis]

In all of this...I now wonder if direct Hyundai employees (r_spec) get even DEEPER discounts. If yes...that is insanely friggin nuts...LOL.

Sure thing.

 

[r_spec]

Actually...the more I think about it...are they? They are employees of the dealership who are individually owned.

So I guess they are "treated" as direct Hyundai employees...which makes sense.

So Plan-Z are for dealer employees...which are treated like direct employees of Hyundai.

I hope that settles it

Apparently, that is the case.

 

[Electrode]

WRONG. Don’t change my information!!!

Discounting is off of invoice.

You are correct. It's off of invoice, which is a discount from a discount, technically. In any event, it makes me think there's a lot more margin in this car than I thought.

 

[dengen]

So what discounts are available to Joe Q Public if I am not a hyundai employee, nor do I know any?

 

[Beefer]

So what discounts are available to Joe Q Public if I am not a hyundai employee, nor do I know any?

Well that goes back to everything that has been discussed in various threads. You have the Conquest Incentive...you have Lease Cash Back (goes up and down apparently)...and finally your bargaining skills at the deal table.

 

[SeekingGen]

Well that goes back to everything that has been discussed in various threads. You have the Conquest Incentive...you have Lease Cash Back (goes up and down apparently)...and finally your bargaining skills at the deal table.

Alternatively you can convince a Hyundai employee to marry you; purchase a car; and then annul the marriage but give the car to you. Might be worth it.

 

[Scrface]

So i dont work for hyundai and dont work for an affiliate company. How can i get a discount?

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[Electrode]

Is this kind of generous employee discount typical for a manufacturer to offer? If I worked for Audi or Ford, could I expect about the same?

 

[HyperM3]

Is this kind of generous employee discount typical for a manufacturer to offer? If I worked for Audi or Ford, could I expect about the same?

When I sold Audi we got 15% off MSRP. I miss that discount.

 

[Electrode]

When I sold Audi we got 15% off MSRP. I miss that discount.

Oh; so not unusual for Hyundai to be generous here. An employee could buy a new car, keep it for 6 months, probably recover most of the purchase price and repeat. Maybe that's why you see 6 month old cars listed from time to time?

 

[HyperM3]

Oh; so not unusual for Hyundai to be generous here. An employee could buy a new car, keep it for 6 months, probably recover most of the purchase price and repeat. Maybe that's why you see 6 month old cars listed from time to time?

I used to trade in my lease every year under my plan.

 

[danygenesis]

A long time ago I promised that I woul show my numbers the day I'll get my car. Well, that day has arrived. Here you have.
Genesis G70 3.3T RWD Prestige package, Havana Red, Grey interior. 36/12k lease.
MSRP: $49225
Sale Price: $48225
Lease Cash: $1000
Loyalty Incentive: $1000
Adquisition fee: $750
MF: .00002
RV: 52%
Dealer fee: $999 (Florida authorized burglary)
Registration: $66
Down payment: $1000 (for the paper stuff) + first month
Monthly Payment $644.72 (7% Florida tax included)

 

[Beefer]

A long time ago I promised that I woul show my numbers the day I'll get my car. Well, that day has arrived. Here you have.
Genesis G70 3.3T RWD Prestige package, Havana Red, Grey interior. 36/12k lease.
MSRP: $49225
Sale Price: $48225
Lease Cash: $1000
Loyalty Incentive: $1000
Adquisition fee: $750
MF: .00002
RV: 52%
Dealer fee: $999 (Florida authorized burglary)
Registration: $66
Down payment: $1000 (for the paper stuff) + first month
Monthly Payment $644.72 (7% Florida tax included)

Very nice...thanks.

So you got $1k off MSRP....was it difficult? Any fake walk-outs? LOL

 

[Beefer]

Very nice...thanks.

So you got $1k off MSRP....was it difficult? Any fake walk-outs? LOL

In comparison...mine is the Sport with AWD. $615/month...VA tax is less...and I put ~$3,700 or so down.

 

[danygenesis]

Very nice...thanks.

So you got $1k off MSRP....was it difficult? Any fake walk-outs? LOL

LOL , I think you were there. The first "deal" the offered me was $599 + taxes with $3000 down and of course I started laughing. I showed them the real numbers using the MF, RV, incentives and the dealer invoice. The sales manager came to my table and then we started talking seriously. He agree with $1000 off MSRP (I knew that even with those $1000 off MSRP they were getting $1288 over the invoice plus the dealer fee and all the incentives we know the dealer gets from the manufacturer) so we made a deal.

 

[Beefer]

LOL , I think you were there. The first "deal" the offered me was $599 + taxes with $3000 down and of course I started laughing. I showed them the real numbers using the MF, RV, incentives and the dealer invoice. The sales manager came to my table and then we started talking seriously. He agree with $1000 off MSRP (I knew that even with those $1000 off MSRP they were getting $1288 over the invoice plus the dealer fee and all the incentives we know the dealer gets from the manufacturer) so we made a deal.

Nice...it’s fast right? What a car.

 

[Electrode]

If the "dealer fee" is $999, then that washes out the dealer discount pretty much. Dealers must have a strong lobbyist in the Florida statehouse. In PA, the maximum fee is about $150 for docs.