any recent lease signed? Please post your payment and detail..

[muisui]

After almost 4 months of wrestling (with my wife...) I have the green light to go ahead. Will sell my sienna tomorrow and get the genesis 3.8L tech as soon as possible (but can wait as well for a good deal..)

Please share how much (lease) you are paying monthly and the down and lease detail.

 

[Dimitry]

You should be getting a MF of .0004, last I checked on the V6. A price of 700+ below invoice would be a solid deal.

Have you had any offers?

 

[muisui]

You should be getting a MF of .0004, last I checked on the V6. A price of 700+ below invoice would be a solid deal.

Have you had any offers?

Thanks man.
Not yet.... but i want to be prepared. What about residual value like 12K miles a year for 24 or 36 months?

 

[Dimitry]

I believe the special subsidized MF applies to the 36 month program only, or else you will get higher bank percentages.

It should be 48% for 12k, or 47% for 15k.

Here's some help with pricing, depending on what package you will be going for.

V6 Base: 33000 MSRP, 31323 Invoice
Premium Package: 2000 MSRP, 1820 Invoice
Prem Plus: 3000 MSRP, 2730 Invoice
Tech Pack: 4000 MSRP, 3640 Invoice
Cargo Tray: 100 MSRP, 80 Invoice

On a fully loaded V6 with an MSRP of 40100 and 37773, you should aim for a negotiated price of below 37k or below. Don't forget to add another 1000ish on top of that for a 695$ acquisition fee, license/titling, and dealer fee. The V6 should also have the 1000 Rebate available for the V6, which acts as a capitalized cost reduction (which you still have to pay tax for)

A rough estimate of good pricing pre-tax would be 535-540 a month, add your local sales tax on top of that.

Good luck!

 

[muisui]

I believe the special subsidized MF applies to the 36 month program only, or else you will get higher bank percentages.

It should be 48% for 12k, or 47% for 15k.

Here's some help with pricing, depending on what package you will be going for.

V6 Base: 33000 MSRP, 31323 Invoice
Premium Package: 2000 MSRP, 1820 Invoice
Prem Plus: 3000 MSRP, 2730 Invoice
Tech Pack: 4000 MSRP, 3640 Invoice
Cargo Tray: 100 MSRP, 80 Invoice

On a fully loaded V6 with an MSRP of 40100 and 37773, you should aim for a negotiated price of below 37k or below. Don't forget to add another 1000ish on top of that for a 695$ acquisition fee, license/titling, and dealer fee. The V6 should also have the 1000 Rebate available for the V6, which acts as a capitalized cost reduction (which you still have to pay tax for)

A rough estimate of good pricing pre-tax would be 535-540 a month, add your local sales tax on top of that.

Good luck!

is the 5xx monthly payment required any money down?

 

[Dimitry]

That was with no money down.

If you want to put money down, each 1k would reduce your monthly payment by 30$

I would advise against putting money down. In the scenario anything happens to the vehicle, most insurance companies do not cover your down payment, and thus is lost.

 

[muisui]

That was with no money down.

If you want to put money down, each 1k would reduce your monthly payment by 30$

I would advise against putting money down. In the scenario anything happens to the vehicle, most insurance companies do not cover your down payment, and thus is lost.

Thank you. yes, 0 down is my goal.....

 

[GAgenesis]

I signed a lease today, here are my numbers
-V6 with premium plus package
-MSRP 36000
-Cap cost 31300
-Total at signing 2599
-Monthly 375+tax
Is that a good deal?

 

[Dimitry]

I signed a lease today, here are my numbers
-V6 with premium plus package
-MSRP 36000
-Cap cost 31300
-Total at signing 2599
-Monthly 375+tax
Is that a good deal?

You paid a little over invoice (assuming a 100-200$ dealer fee) The best you could of done with that much money down would probably have been 350ish.

I suggest rolling any "due at signing" into the monthly payment for future references.

Enjoy

 

[ilovemygenesis]

After almost 4 months of wrestling (with my wife...) I have the green light to go ahead. Will sell my sienna tomorrow and get the genesis 3.8L tech as soon as possible (but can wait as well for a good deal..)

Please share how much (lease) you are paying monthly and the down and lease detail.

I signed my lease at the end of April, here are my numbers

Genesis 3.8 Black on Black with Tech Package
MSRP - 40,100
SP - 37,600
DP - 2,100
Rebate - 1,000
Trade in - 3,000
Payments - 370

Good luck, you;ll love the car, i got tints and the badges put on immediately after i got the car.

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[tarpumn]

OK, First likeI have said many times, the members of this forum are super!!! And i wish I have your consel when I leased my 3.8. I now would have made sure I DID NOT put anything down. That said:

My lease is:
$2500 down
15K miles per year (not 12K)
36 months
$534 per month

3.8 Prem. plus

Hope this helps sombody

 

[wayoutwest]

V8 Tech w/ IPod cable and trunk tray, full tint, wing emblem on rear, and debadge "Genesis 4.6"
36 months
12k/year
$1800 down (incl. 1st month payment)
$534/mo + tax.

 

[xactstep]

V6 + Tech Package

April.20 :
$36,816.53 = $2,100 down + ( $518.34 monthly * 36 months ) for 12K miles

 

[GAgenesis]

You paid a little over invoice (assuming a 100-200$ dealer fee) The best you could of done with that much money down would probably have been 350ish.

I suggest rolling any "due at signing" into the monthly payment for future references.

Enjoy

How did you say I paid over Invoice?
The Invoice of this car is 33,733(inclusive of destination)
-So if you take 1000 rebate the cost is
33,733-1000-1000(from my downpayment)=31,733Capcost
So I am at 31,130
Isn't it better than 31,733

 

[xactstep]

Checkout http://www.truecar.com
Seems to give actual sales data based on the car and zipcode.

For example, a V6 + Tech Package in Bay Area, California:
http://truecar.com/release/report/2009_Hyundai_Genesis_4dr_Sedan_3.8L_V6.html?colorInfo=Not%20Available,Cashmere,37100,3720,2009%20Hyundai,Genesis,4dr%20Sedan%203.8L%20V6,2009_Hyundai_Genesis_Not_Available.jpg&optionInfo=5588456,5588457&trimId=306133&modelId=18597&zipcode=95148&incentiveInfo=||0&

 

[ayasin]

Checkout http://www.truecar.com
Seems to give actual sales data based on the car and zipcode.

For example, a V6 + Tech Package in Bay Area, California:
http://truecar.com/release/report/2009_Hyundai_Genesis_4dr_Sedan_3.8L_V6.html?colorInfo=Not%20Available,Cashmere,37100,3720,2009%20Hyundai,Genesis,4dr%20Sedan%203.8L%20V6,2009_Hyundai_Genesis_Not_Available.jpg&optionInfo=5588456,5588457&trimId=306133&modelId=18597&zipcode=95148&incentiveInfo=||0&

Sweet thanks for that link. Based on what they said I got a smoking deal at 38,100 (though not leased, cash) for the fully decked 4.6.