Post purchase price details here (US $ only)

[tarhoosier]

This is all great information that I didn't consider. I guess the only benefit to purchasing is if you plan on taking advantage of the 1.9% financing offer?

I like the idea of lowering the cap cost by 4k but I'm worried about the process and screwing something up. I also have a trade that is lowering my tax payment but 2k is 2k...

I felt the same way but after I read the thread on leasing (all the posts) and asked a few questions here I was confident to jump in and make my first lease deal. And read Turtle Boy.

 

[tompass]

Maybe next time for me but will keep this car 6-7 years at least so over time it amortizes out.

 

[Toddasaurus]

Thanks, everyone! I am at 48k right now on a 3.3T Sport with an MSRP of 52.7k without Circle A for a 2019. What are your thoughts? Do you think incentives may increase for the 19's in November or should I just pull the trigger?

That's what I got. 48k with circle A on a 2019 3.3 AWD Sport, with an MSRP of over 52k. I was happy with my deal. Others seem to have done a tiny bit better in some situations.

 

[steelers84]

If you plan on financing the purchase after the lease then you need to consider (guess) what interest rate you will be paying then and if you are comfortable with that unknown. If you plan on just paying cash then it isn't an issue. The comfort of knowing you have fixed 1.9% financing for the entire term may be worth something. Whether it is worth more than lease cash/low MF that is something you need to determine.

As mentioned above, it is bets to run the numbers. Once you have a selling price agreed upon then go home and run the different scenarios. Look at what it would cost for leasing for the 3 years (go 15k to get the lowest residual to take advantage of the low MF) and then financing the residual for 2 years. Then run the numbers for financing for 5 years at 1.9%.

Look at the difference between the two and decide which one would work better for you.

If you look at everything before hand and make sure you agree with the numbers the dealer is giving you three is really nothing that you can screw up.

You will have to check on you sales tax laws but more than likely you will get the $2k sales tax advantage on your trade even when leasing.

There are a lot of folks here who are glad to help so if you have any specific questions or need verification on the numbers you are getting from a dealer just post.

Good luck.

For some reason, when you were saying "buy it out cash", I was taking it as 'buy it out in cash immediately'. Now that I got passed my mental block and I understand what you're saying, you are 100% right in saying that leasing and then buying is the correct decision. As long as the dealer doesn't pull any shady business, leasing the car for 3 or 4 years at 15k miles and buying it out in cash at the end will end up saving me around $1750. Thanks so much!

 

[lcg1519]

So this will be my first lease ever. Vehicle is G70 3.3t Elite. Waited to discuss trade in (Not upside down) until after initial quote. Been researching different cars and finance options for two months and I think today is the day I pull the trigger. I've learned a bit about leases and I think this is a decent deal, but I'd love some other opinions. Any thoughts?

EDIT: This quote was too good to be true. I was digging around and noticed he misquoted me using a 2.0 G70 he has on his lot and not the 3.3t we've been discussing.

 

[Ralakg]

Just financed my 2019 G70 3.3t Sport RWD Thursday, msrp was 50,645. They provided the invoice stating their cost was 48290, and ended up getting it for 45,900.

The Orlando Genesis dealer on West Colonial Drive lists their cars for full msrp but under calculate payment it lists the price for about 5k less. The 3.3 Sport was showing 50575 but selling price 45233. The dealer I showed that price to was resistant at first, but their third offer pretty much matched the price.

 

[carsareus]

So this will be my first lease ever. Vehicle is G70 3.3t Elite. Waited to discuss trade in (Not upside down) until after initial quote. Been researching different cars and finance options for two months and I think today is the day I pull the trigger. I've learned a bit about leases and I think this is a decent deal, but I'd love some other opinions. Any thoughts?

EDIT: This quote was too good to be true. I was digging around and noticed he misquoted me using a 2.0 G70 he has on his lot and not the 3.3t we've been discussing.

Why are you posting your home lease contract here with all of your personal information?

 

[Toddasaurus]

So this will be my first lease ever. Vehicle is G70 3.3t Elite. Waited to discuss trade in (Not upside down) until after initial quote. Been researching different cars and finance options for two months and I think today is the day I pull the trigger. I've learned a bit about leases and I think this is a decent deal, but I'd love some other opinions. Any thoughts?

EDIT: This quote was too good to be true. I was digging around and noticed he misquoted me using a 2.0 G70 he has on his lot and not the 3.3t we've been discussing.

Better get rid of that attachment before some creeper takes it! I think you must've posted the wrong lease info on accident.

 

[PL718]

Just financed my 2019 G70 3.3t Sport RWD Thursday, msrp was 50,645. They provided the invoice stating their cost was 48290, and ended up getting it for 45,900.

The Orlando Genesis dealer on West Colonial Drive lists their cars for full msrp but under calculate payment it lists the price for about 5k less. The 3.3 Sport was showing 50575 but selling price 45233. The dealer I showed that price to was resistant at first, but their third offer pretty much matched the price.

So you purchased from a different Central Florida dealer?

 

[jaymatt]

Better get rid of that attachment before some creeper takes it! I think you must've posted the wrong lease info on accident.

The guy has one post, the one which contained the PDF. I'm more concerned now that the file itself may be malicious?

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[Ralakg]

So you purchased from a different Central Florida dealer?

Yes it was a different dealer, I’m on the west coast of Florida and I went to one on this side.

 

[Snickerman]

Purchased end of August a 2019 3.3T Sport AWD MSRP at 52,620, was able to negotiate the MSRP down to $47,300. Took the 1.9% finance offer from Genesis. No trade, as I had a lease before. I feel I got a great deal on my new ride.

 

[skiingj]

Hello - I'm looking into leasing a G70 3.3T Sport RWD in the next five months to replace a '17 Q60RS. Thanks for the useful info. Is this deal possible? or am I on crack?

'20 G70 3.3t Sport RWD MSRP $51k
$500 a month with taxes, $500 DAS, 12k miles.

I have Military Vet, USAA, not sure if the Q60 will qualify for Conquest? I'm in NorCal.

Probably looking to order.
Thanks!

 

[Toddasaurus]

Purchased end of August a 2019 3.3T Sport AWD MSRP at 52,620, was able to negotiate the MSRP down to $47,300. Took the 1.9% finance offer from Genesis. No trade, as I had a lease before. I feel I got a great deal on my new ride.

Definitely a good deal, in my opinion! Did a little better than me. 48k for mine (same 3.3 AWD Sport). Though I didn't have any taxes or fees tacked on, so it was 48k out the door.

Hello - I'm looking into leasing a G70 3.3T Sport RWD in the next five months to replace a '17 Q60RS. Thanks for the useful info. Is this deal possible? or am I on crack?

'20 G70 3.3t Sport RWD MSRP $51k
$500 a month with taxes, $500 DAS, 12k miles.

I have Military Vet, USAA, not sure if the Q60 will qualify for Conquest? I'm in NorCal.

Probably looking to order.
Thanks!

Yup, Infinity qualifies for conquest. That is, if they're still doing conquest. I'm sure people here will ask you more details about the terms of your lease.

 

[TurtleBoy]

Hello - I'm looking into leasing a G70 3.3T Sport RWD in the next five months to replace a '17 Q60RS. Thanks for the useful info. Is this deal possible? or am I on crack?

'20 G70 3.3t Sport RWD MSRP $51k
$500 a month with taxes, $500 DAS, 12k miles.

I have Military Vet, USAA, not sure if the Q60 will qualify for Conquest? I'm in NorCal.

Probably looking to order.
Thanks!

First of all, thanks for your service. Until the 2020 numbers come out it really isn't possible to make a guess about the deal. Using the 2019 numbers, incentives and Circle A you can probably get there depending on taxes, fees, etc.

As an aside, Genesis does not offer ordering of vehicles like some other brands do. That said, the dealer should be able to track down the spec you want and/or request it as part of their allocation.

Good luck.

 

[danygenesis]

First of all, thanks for your service. Until the 2020 numbers come out it really isn't possible to make a guess about the deal. Using the 2019 numbers, incentives and Circle A you can probably get there depending on taxes, fees, etc.

As an aside, Genesis does not offer ordering of vehicles like some other brands do. That said, the dealer should be able to track down the spec you want and/or request it as part of their allocation.

Good luck.

2020 numbers are up at Edmunds.com. A rapid look shows a 3.3T 36/12k MF increment to .00043 RWD and .00055 AWD. RV is higher as expected, 52% both, Lease cash incentive is $2750 and $3000 respectively.
In other words, higher MF, higher RV, lower incentives. Somebody has to do the math to compare 2019 vs 2020 leases. I already have mine.

 

[KusaKusa]

The 2020 2.0T RWD AT seems to have $4000 lease cash vs the $5000 cash of the 2019s. The 2020 has a lot more cash to start with than I expected. I'll probably aim for the 2020s then!

 

[Tonester]

2020 numbers are up at Edmunds.com. A rapid look shows a 3.3T 36/12k MF increment to .00043 RWD and .00055 AWD. RV is higher as expected, 52% both, Lease cash incentive is $2750 and $3000 respectively.
In other words, higher MF, higher RV, lower incentives. Somebody has to do the math to compare 2019 vs 2020 leases. I already have mine.

Nice find! I'm not seeing the lease info on Edmunds.com. Can you please provide more detail on where this is posted?

Update: I didn't know you were talking about Edmunds Forums. Thanks for the link @KusaKusa !
2020 Genesis G70 Lease Deals and Prices

 

[KusaKusa]

2020 Genesis G70 Lease Deals and Prices

One thing to note is that at least for the 2.0T, the MF is over 1 percent total APR. I recall someone mentioned the dealers/bank had a MF limit they couldn't surpass, but since the MF has been exceeded now maybe we need to be concerned that the limit doesn't exist anymore.

 

[TurtleBoy]

I'm surprised at how much lease cash they are offering being that the model year has just come out. Many of us amateur observers thought the sales numbers were pretty poor, guess they do too. I don't think that just incentives are going to increase market share though, they will need to try and trim the number of dealers, get the remaining ones to provide the experience/service expected of a luxury brand and increase exposure through better marketing. Then again, I didn't stay at a Holiday Inn Express last night so could be mistaken.