G70 Lease Comparisons and Discussion (USA)

[sethsquire]

I went to the Glendale Dealer yesterday and the offered me 0 down and $659.00 a month on a 3.3 Sport. This sounds like a good deal. Any input would be appreciated.

This was the closest I was able to get with your quote on some possible numbers:

leasehackr.com/calculator?make=Genesis&miles=12000&msd=0&msrp=51000&sales_price=48450&months=36&mf=.00009&dp=0&dealer_fee=85&acq_fee=595&taxed_inc=2500&untaxed_inc=0&rebate=0&resP=52&reg_fee=400&sales_tax=9.5&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true

It looks like if they're giving you the base interest rate/money factor and you don't have loyalty/conquest or any other incentives beside the lease cash, it's about a 5% discount on MSRP, which is pretty meh.

Edit: I don't why the link didn't hyperlink itself, but copy and paste into your browser to see the calculator breakdown of the numbers.

 

[Riley]

So I did contact them and here is what they said:
MSRP $50,690
Total incentives $4500
Money factor 00006
Residual value $26,358.80

I know little about leasing but am more than willing to learn. Thanks!

 

[TurtleBoy]

So I did contact them and here is what they said:
MSRP $50,690
Total incentives $4500
Money factor 00006
Residual value $26,358.80

I know little about leasing but am more than willing to learn. Thanks!

They are giving you the base MF and the RV is correct so that is good. The lease cash for the 3.3t RWD is 2,500 so they are also giving you a discount of $2k. Looks decent for a non-circle price but others have been getting bigger discounts recently. You may want to try and chew them down a bit on that or get a Circle certificate from @r_spec. The basis (MF, RV, and lease cash) of your deal appear to be good though.

Good luck and let us know how it turns out.

 

[Riley]

So does it look like I am getting the conquest or loyalty incentives? I do Have a Infiniti M45 and also own a Hyundai Santa fe. What is a Circle certificate? Exactly how do I get one? Next time I appear at the dealer I want to have all of my facts. Thanks so much! Last Question, I started looking through this thread. In your opinion, what would be a great lease?

 

[TurtleBoy]

So does it look like I am getting the conquest or loyalty incentives? I do Have a Infiniti M45 and also own a Hyundai Santa fe. What is a Circle certificate? Exactly how do I get one? Next time I appear at the dealer I want to have all of my facts. Thanks so much! Last Question, I started looking through this thread. In your opinion, what would be a great lease?

Can't tell from the numbers you posted but assume that it is included in the $4,500. That means you are only getting a $1k discount which is not really good. Then again, who knows for sure since they didn't give you all of the numbers required to assess the deal.

It is Hyunai Circle pricing, you will need to PM @r_spec after you have made at least 16 posts. If your dealer accepts Circle pricing, your price will be over 3% less than invoice before incentives.

 

[Beefer]

^ hey...I got a total of $4500 off and I’m happier than a pig in shit.

$1k conquest...$2500 LCB...$1k off MSRP.

Never looked back (perhaps a tiny bit).

But the kicker is...for an additional ~$800 for the JB4 (inc all other stuff)...I have a 3.9-4.0 second car!!!

 

[TurtleBoy]

^ hey...I got a total of $4500 off and I’m happier than a pig in shit.

$1k conquest...$2500 LCB...$1k off MSRP.

Never looked back (perhaps a tiny bit).

You got a very good deal at the time (if I remember correctly the biggest discount of anyone) but things have changed. It seems the discounts have been growing the last few months as sales have stagnated.

 

[Beefer]

^ no regrets!!! Love my deal...love my ride!!

 

[Throat Yogurt]

You got a very good deal at the time (if I remember correctly the biggest discount of anyone) but things have changed. It seems the discounts have been growing the last few months as sales have stagnated.

That's true, the deal I just negotiated this past weekend was for over $8,000 off MSRP (circle plan + lease cash + conquest). These cars are stupid cheap now.

 

[TurtleBoy]

That's true, the deal I just negotiated this past weekend was for over $8,000 off MSRP (circle plan + lease cash + conquest). These cars are stupid cheap now.

That is an outstanding deal. Did you get everything finalized? I think the last I read you said you still had to iron out the rate which I took as they were trying to charge higher than base MF.

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[Beefer]

One thing to consider...my car is top trim AWD. Big deals on those as well?

Jeez...I don’t care...LOL

Everyone just enjoy!!!

 

[TurtleBoy]

One thing to consider...my car is top trim AWD. Big deals on those as well?

Yes, it seems on all models. I just looked at a 3.3t AWD Sport and with Circle, Conquest and lease cash it was a little over $8k under MSRP.

MSRP: 52,620
Circle Price: 48,358.25
Conquest: 1,000
Lease Cash: 3,000

Net Price: 44,358.25

 

[sethsquire]

Yes, it seems on all models. I just looked at a 3.3t AWD Sport and with Circle, Conquest and lease cash it was a little over $8k under MSRP.

MSRP: 52,620
Circle Price: 48,358.25
Conquest: 1,000
Lease Cash: 3,000

Net Price: 44,358.25

My back-of-the-napkin calculations on the 3.3 Prestige AWD I'm looking at goes like:

MSRP: 51040
Circle: 47161
CIrcle Incentive: 250
Conquest: 1000
Lease Cash: 3000
NY Auto Show Bonus: 1000 (assuming it stacks, I don't see the point if it doesn't)
Net Price: 41911(over $9k in discount!)

This sounds mighty tempting...

How does it work with r_spec? Everyone's singing his praises, but it feels weird PM'ing a guy I don't know and being like "hey bro, can you get me a discount?"

 

[Beefer]

Yes, it seems on all models. I just looked at a 3.3t AWD Sport and with Circle, Conquest and lease cash it was a little over $8k under MSRP.

MSRP: 52,620
Circle Price: 48,358.25
Conquest: 1,000
Lease Cash: 3,000

Net Price: 44,358.25

Fme

Well...at least I’ve been enjoying it for 6+ months now. Still only one around seems like...and I’m treated like a pseudo king amongst fellow mofo’s

 

[sethsquire]

Fme

Well...at least I’ve been enjoying it for 6+ months now. Still only one around seems like...and I’m treated like a pseudo king amongst fellow mofo’s

It's true; you're driving a G70 and I'm not.

 

[TurtleBoy]

My back-of-the-napkin calculations on the 3.3 Prestige AWD I'm looking at goes like:

MSRP: 51040
Circle: 47161
CIrcle Incentive: 250
Conquest: 1000
Lease Cash: 3000
NY Auto Show Bonus: 1000 (assuming it stacks, I don't see the point if it doesn't)
Net Price: 41911(over $9k in discount!)

This sounds mighty tempting...

How does it work with r_spec? Everyone's singing his praises, but it feels weird PM'ing a guy I don't know and being like "hey bro, can you get me a discount?"

Excellent deal. Don't feel weird, he has made a number of posts telling people to PM him if the want a Circle certificate.

If anyone needs Hyundai Circle pricing, pm me.

 

[apothnyc]

So SoCal peeps.... Glendale vs. Palm Springs dealers? I don't feel much willingness to deal.

 

[specialk]

I keep seeing lease cash, and have been trying to find out what is this and how it works dealing with dealers.
Any help...Thanks

 

[specialk]

So SoCal peeps.... Glendale vs. Palm Springs dealers? I don't feel much willingness to deal.

I am dealing with both dealers and so far Palm Springs is going better!

 

[TurtleBoy]

I keep seeing lease cash, and have been trying to find out what is this and how it works dealing with dealers.
Any help...Thanks

It is an Incentive for leasing. After agreeing on a sales price for a vehicle, if you are leasing then in addition to any other incentives you may qualify for (loyalty, conquest, military, etc) you also should get any lease cash that is available for the vehicle and the incentives are subtracted from the sale price. Hopefully that makes sense.