Any good 2019 G70/80 deals in IL area people see?

[BeefyKeithy]

You can be like me, fly out there and buy that car.

Problem with that one was the sale was only for MI residents, which I am not.

Bummer bummer yea?

 

[BeefyKeithy]

Circle A is for friends and family of H/G employees and there appears to be no limits to issuance. If you do that search you will find many references to him and how others have used the certificate. I had one. (I also preferred the Adriatic and settled on Himalayan Gray-still happy) Also skim-read the leasing question section to learn how others have negotiated. It is what I did and I am sure others as well. Take some time. You say you are not in a hurry and are choosy so use free time for the next day or two to learn from others. This is an eclectic board and BS is extremely rare. You can be quite confident of what people post, with the normal considerations of human nature.

Thanks for learning me bud, sounds like the plan to have.

I wonder if I can DM that guy and see if he's still benevolent?

 

[Revvster_G70]

Hey @BeefyKeithy I got mine at Napletons Urbana-Champaign, Illinois. I used Truecar with Sams club to get few offers from nearby dealers ( got really nice offers from Indiana dealers and they were all 2019's) my initial offer was 1000 down and 530$ on a 2019 Took that offer and negotiated with my local dealer and they gave me a good discount.

I got my 2020 G70 base 3.3T AWD MSRP was 48k on lease for 1k + first month down and 36 month lease with each payment of $567 tax and gap insurance included. Let me know, if you need to get offers this side of Illinois.

 

[BeefyKeithy]

Hey @BeefyKeithy I got mine at Napletons Urbana-Champaign, Illinois. I used Truecar with Sams club to get few offers from nearby dealers ( got really nice offers from Indiana dealers and they were all 2019's) my initial offer was 1000 down and 530$ on a 2019 Took that offer and negotiated with my local dealer and they gave me a good discount.

I got my 2020 G70 base 3.3T AWD MSRP was 48k on lease for 1k + first month down and 36 month lease with each payment of $567 tax and gap insurance included. Let me know, if you need to get offers this side of Illinois.

So you leased for 3 years, and that's a wicked deal. What about if you want to own it after the lease?

Don't they make their money back then and there, with these "deals"?

 

[BeefyKeithy]

Hey @BeefyKeithy I got mine at Napletons Urbana-Champaign, Illinois. I used Truecar with Sams club to get few offers from nearby dealers ( got really nice offers from Indiana dealers and they were all 2019's) my initial offer was 1000 down and 530$ on a 2019 Took that offer and negotiated with my local dealer and they gave me a good discount.

I got my 2020 G70 base 3.3T AWD MSRP was 48k on lease for 1k + first month down and 36 month lease with each payment of $567 tax and gap insurance included. Let me know, if you need to get offers this side of Illinois.

Thank you buddy!

I'm going to look at their website now.

 

[Revvster_G70]

So you leased for 3 years, and that's a wicked deal. What about if you want to own it after the lease?

Don't they make their money back then and there, with these "deals"?

My Residual is 24,830ish something.

So overall I will be paying 21412 + Residual ( 24,830 + tax on residual) = 46,242ish Since it was a 2020 I didnt get much off the MSRP But this was a 2020 in Siberian ICE in AWD. And I liked the offer.
Also I get 3 years to decide if I want to keep the car further. If I want to flip the car in 2022 I am sure it will be worth more than 24,830 if I end up putting lil extra miles.

 

[Mcc]

So you leased for 3 years, and that's a wicked deal. What about if you want to own it after the lease?

Don't they make their money back then and there, with these "deals"?

If you want to buy it anytime including at the end of least you pay the remaining payments (if end of lease there won’t be any) and pay the residual. That number is pretty much fixed regardless of any “deals”. It is a percentage of your purchase price.
Folks are going to comment about an end of lease charge but don’t let that confuse you. It’s small change maybe $200 and sometimes they may even wave that.

 

[Revvster_G70]

Check this offer -- @BeefyKeithy This was one of the offers from Indiana

Thank you for your response. For both these vehicles I ran 36 months, 10k miles a year, and tier 1 credit.

For a 2.0T, https://www.rohrmangenesis.com/new/Genesis/2020-Genesis-G70-8a2709780a0e0ae77df3f0e43b80ea1b.htm, the $0 down would be $461 taxes included and $1000 down would be $432.

For the 3.3T, https://www.rohrmangenesis.com/new/Genesis/2019-Genesis-G70-128c1f3c0a0e0aea7c7340a36d3d2e21.htm, the $0 down would be $610 taxes included and $1000 down would be $521.

GAP insurance, connected services, service valet, and scheduled maintenance will be included at no extra cost to you for the duration of your lease! If you would rather have a different color we can look into sourcing a vehicle for you as well.

Let me know your thoughts on these numbers.

Thank you!

Ben Albaugh
Rohrman Hyundai
Genesis of Lafayette

 

[Revvster_G70]

Check this offer -- @BeefyKeithy This was one of the offers from Indiana

Thank you for your response. For both these vehicles I ran 36 months, 10k miles a year, and tier 1 credit.

For a 2.0T, https://www.rohrmangenesis.com/new/Genesis/2020-Genesis-G70-8a2709780a0e0ae77df3f0e43b80ea1b.htm, the $0 down would be $461 taxes included and $1000 down would be $432.

For the 3.3T, https://www.rohrmangenesis.com/new/Genesis/2019-Genesis-G70-128c1f3c0a0e0aea7c7340a36d3d2e21.htm, the $0 down would be $610 taxes included and $1000 down would be $521.

GAP insurance, connected services, service valet, and scheduled maintenance will be included at no extra cost to you for the duration of your lease! If you would rather have a different color we can look into sourcing a vehicle for you as well.

Let me know your thoughts on these numbers.

Thank you!

Ben Albaugh
Rohrman Hyundai
Genesis of Lafayette

This was back in Nov of 2020. I got mine in Nov too.

 

[BeefyKeithy]

My Residual is 24,830ish something.

So overall I will be paying 21412 + Residual ( 24,830 + tax on residual) = 46,242ish Since it was a 2020 I didnt get much off the MSRP But this was a 2020 in Siberian ICE in AWD. And I liked the offer.
Also I get 3 years to decide if I want to keep the car further. If I want to flip the car in 2022 I am sure it will be worth more than 24,830 if I end up putting lil extra miles.

So let's say you choose to not buy the car at the end of your 3 year lease.

You paid 21k in payments over the years, do you get hit with any other fees?

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[BeefyKeithy]

If you want to buy it anytime including at the end of least you pay the remaining payments (if end of lease there won’t be any) and pay the residual. That number is pretty much fixed regardless of any “deals”. It is a percentage of your purchase price.
Folks are going to comment about an end of lease charge but don’t let that confuse you. It’s small change maybe $200 and sometimes they may even wave that.

Ok so using @Revvster_G70 lease for reference...

He'll pay 21412 (Over 3 year lease) + Residual ( 24,830 + tax on residual) = 46,242ish (Total cost)

If you choose to keep the car and pay the residual, are you able to finance the residual? Or do you have to buy it out right cash/credit?

 

[Revvster_G70]

So let's say you choose to not buy the car at the end of your 3 year lease.

You paid 21k in payments over the years, do you get hit with any other fees?

Depends on a lot of factors. If the Miles are above the limit, You get Hit. if there are scratches and dings you can get hit. Ideally if everything is good, you will not have to pay anything massive.

 

[Revvster_G70]

Ok so using @Revvster_G70 lease for reference...

He'll pay 21412 (Over 3 year lease) + Residual ( 24,830 + tax on residual) = 46,242ish (Total cost)

If you choose to keep the car and pay the residual, are you able to finance the residual? Or do you have to buy it out right cash/credit?

You can finance the residual - This is my research not my personal experience.

 

[BeefyKeithy]

Depends on a lot of factors. If the Miles are above the limit, You get Hit. if there are scratches and dings you can get hit. Ideally if everything is good, you will not have to pay anything massive.

It almost sounds like it's rigged to where you're better off buying the car out right, unless you've got the play money.

Personally I'm a 26 year old, and would like to buy to won. I've had a few cars thus far, but this'll be my most expensive car purchase to date.

 

[BeefyKeithy]

You can finance the residual - This is my research not my personal experience.

I'll have to look into it.

I'm just curious if you could finance the residual, and get 0% over 60months or something. That would be stellar.

 

[Mcc]

I'll have to look into it.

I'm just curious if you could finance the residual, and get 0% over 60months or something. That would be stellar.

yes you can finance the residual but through a bank or credit union. Not likely through Hyundai/Genesis. I don’t think you will get 0%, thats reserved for selling new cars and after 3 years your car is used. Note that that will make it a very long finance period. You are financing 3 years through the least (hopefully at a very low rate) and the financing x number of years through the bank.

 

[Mcc]

It almost sounds like it's rigged to where you're better off buying the car out right, unless you've got the play money.

No it’s not rigged. Lots of folks keep their car in good shape and within the contracted mileage and walk away from it at the end of the lease. Genesis asks you return the car in the condition you bought it less reasonable wear. Scratches and dents are not reasonable wear.

Buying to own is an admirable idea but it sounds like to are struggling with the finances. Yes it’s a big expense. If you lease and the after 3 years finance the residual you will be making payment for perhaps eight years after you first leased. Do you want to be making payments for that long? At the end you will have an eight year old car But it will be yours.

 

[BeefyKeithy]

No it’s not rigged. Lots of folks keep their car in good shape and within the contracted mileage and walk away from it at the end of the lease. Genesis asks you return the car in the condition you bought it less reasonable wear. Scratches and dents are not reasonable wear.

Buying to own is an admirable idea but it sounds like to are struggling with the finances. Yes it’s a big expense. If you lease and the after 3 years finance the residual you will be making payment for perhaps eight years after you first leased. Do you want to be making payments for that long? At the end you will have an eight year old car But it will be yours.

That would be assuming I only make the minimum payments for the remainder of the financing though.

I'm just trying to weight all my options and understand this fully before I pull the trigger. Trying to save money isn't only for the less fortunate ya know.

 

[BeefyKeithy]

yes you can finance the residual but through a bank or credit union. Not likely through Hyundai/Genesis. I don’t think you will get 0%, thats reserved for selling new cars and after 3 years your car is used. Note that that will make it a very long finance period. You are financing 3 years through the least (hopefully at a very low rate) and the financing x number of years through the bank.

I'll have to research what kind of APR people tend to get on residual financing.

Thanks for the input!

 

[Mcc]

I'll have to research what kind of APR people tend to get on residual financing.

Thanks for the input!

Check with your credit union.