anyone has worked out a lease after 1/5 and what is the deal?

[muisui]

Please list all the detail like selling price, money factor, residual value, and etc

 

[bpajax]

The current program for the 3.8 Genesis:

27 month lease
Residual - 56%
Money factor - .00015
Manufacturer lease bonus money - $1,000

For the 4.6 Genesis, the residual is slightly lower but the bonus money is $1,250.

I think you should be able to negotiate a deal at dealer invoice. They have holdback money and will also try to build a dealer delivery fee into the cap cost.

 

[muisui]

The current program for the 3.8 Genesis:

27 month lease
Residual - 56%
Money factor - .00015
Manufacturer lease bonus money - $1,000

For the 4.6 Genesis, the residual is slightly lower but the bonus money is $1,250.

I think you should be able to negotiate a deal at dealer invoice. They have holdback money and will also try to build a dealer delivery fee into the cap cost.

A dealer has offered me an sale price at invoice with 57%; 12K and 0.00015 mf. is it a good deal, how much more room to go down giving for a fact that the employment rate tops 7.2% in 15 yrs?

 

[BacktoHyundaibychoice]

A dealer has offered me an sale price at invoice with 57%; 12K and 0.00015 mf. is it a good deal, how much more room to go down giving for a fact that the employment rate tops 7.2% in 15 yrs?

If you're asking "where's the bottom", good luck with that. Perhaps the next 1% will include the guy who offered you invoice pricing? Or perhaps the entire dealership? All I know is that many here payed above invoice through purchase or lease and are loving their Gens. Mine was at invoice, and I couldn't be happier. But if you need to wait for sub-invoice before pulling the trigger, then it ain't for me to judge. I was just drooling more than you!

 

[bpajax]

If you're asking "where's the bottom", good luck with that. Perhaps the next 1% will include the guy who offered you invoice pricing? Or perhaps the entire dealership? All I know is that many here payed above invoice through purchase or lease and are loving their Gens. Mine was at invoice, and I couldn't be happier. But if you need to wait for sub-invoice before pulling the trigger, then it ain't for me to judge. I was just drooling more than you!

Or perhaps one of us! But at least if it happens in our first 12 months of ownership, Hyundai will take our cars back under their "lost job" deal.

 

[BacktoHyundaibychoice]

Or perhaps one of us! But at least if it happens in our first 12 months of ownership, Hyundai will take our cars back under their "lost job" deal.

Excellent point. In this economy, only the bankruptcy lawyers are looking at job security. Thanks for the reminder.

 

[AlsGen]

What would be the payment for a 4.6?

Selling price $39,000
27 months
12K/ yr
No down but drive off only.

What is the acquistion and deposit fees for a Hyundai lease?
And is there a disposition fee with a Hyundai lease?

 

[drew0020]

What would be the payment for a 4.6?

Selling price $39,000
27 months
12K/ yr
No down but drive off only.

What is the acquistion and deposit fees for a Hyundai lease?
And is there a disposition fee with a Hyundai lease?

Does the selling price include the rebate of $1,250 or no? The acq fee and doc fees are around $599 at least from what ive seen. Residual is 54% (not sure if this is 12k or 15k though?) and money factor is .00015.

 

[muisui]

If you're asking "where's the bottom", good luck with that. Perhaps the next 1% will include the guy who offered you invoice pricing? Or perhaps the entire dealership? All I know is that many here payed above invoice through purchase or lease and are loving their Gens. Mine was at invoice, and I couldn't be happier. But if you need to wait for sub-invoice before pulling the trigger, then it ain't for me to judge. I was just drooling more than you!

I am not asking for the bottom and i am not sure where you get this... I am gathering information on how much impact to the dealer's selling decision will be based on the figures or the atm we had around us.
I am a firm believer about supply and demand and if DOW tops 25000 today, Gen can be selling at 50-60K easy. Or at least charge a few Ks for market adjustment. Dealers are not my friend. At least not until I sign.. as you can imagine, he wants as much money from my pocket as possible....

Oh.. BTW, enjoying a great car (I am sure Gen is one of the great car in today's market) is one thing.... try to hunt and get the best deal possible is also some sort of enjoyment for me too... It may sound a little bit sick on this but hunting a best deal bring me good memories that last... driving a new car is will be faded in 27 months, right?

 

[sandy]

AlsGen - the acq fee is $595. There is a disposition fee of $400 paid at the end of the lease and not part of the calcualtion for monthly payment. There is no security deposit. There are dealer Doc fees for "paperwork" that are negotiable and not part of the Hyundai lease. In order to determine your monthly lease payment, you need to know the selling price, money factor and residual. If you roll the acq fee and doc fees into the lease, add those numbers to the selling price. Deduct any rebates from the selling price.

The calculation for monthly payment is:
selling price less residual value divided by #of months = monthly "rent".
selling price plus residual value multiplied by the money factor = monthly interest charge. Rent plus interest gives you monthly payment before taxes.

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