Genesis Leasing

[lux]

Anyone have thoughts if they will allow leasing on these brand new models or will they limit them to sales only at first?

 

[GrandPrix08]

They should. Not everyone is fond of financing the car. Though I am one of those who always finance, since I am not a fan of leasing.

 

[Sal Collaziano]

I actually never knew anyone prohibited leases on new models... That being said, I would think Hyundai would be doing whatever they could to get these cars on the road. The more people see them, the better.. So I think it would be unwise for them to prohibit any form of getting cars out the door.

Maybe if the car was going to be an incredibly good seller - but that's just not going to happen with a Hyundai. They still have something to prove - and this is the car to do it with.

 

[Genesis X]

When you lease a car it is sold to a bank and the bank then leases the car to you. Many times that bank is owned by the car manufacturer. They often subsidize a lease to help move overstock or slow moving inventory. The manufacturers financial side may not offer a lease option but there are many leasing companies that would be willing to lease the car to you. This is why you should negotiate the best sale price on a lease prior to actually leasing the car.

 

[Sal Collaziano]

When you lease a car it is sold to a bank and the bank then leases the car to you. Many times that bank is owned by the car manufacturer. They often subsidize a lease to help move overstock or slow moving inventory. The manufacturers financial side may not offer a lease option but there are many leasing companies that would be willing to lease the car to you. This is why you should negotiate the best sale price on a lease prior to actually leasing the car.

Excellent advice.. Thank you.

 

[Mishka]

I'd be interested in knowing this as well.

 

[bnhbutts]

I, too, would like this option - that is for those of us who don't have $40,000 to shell out for any car. While it is enticing to have a car that by comparison is $20-30,000 less than comparable vehicles - it is still $40,000. I love this car - by looks - but can I really make the jump to the luxury market - even an Hyundai. Maybe I'm just destined to be a $15-20 K guy and drive an Elantra...

 

[Sal Collaziano]

Don't worry. The options will be available. If not right away, shortly after launch...

 

[mmelone]

I was going to try lease an Azera Limited and the delaer didn't want to go for 32,000 per year. He called me back yesterday and said he had 3 cars that were due in 2 weeks. The Hyundai rep told him that the leasing options will be incredible on the car. I'll keep you updated!

 

[GrandPrix08]

Welcome aboard.

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[Sal Collaziano]

I was going to try lease an Azera Limited and the delaer didn't want to go for 32,000 per year. He called me back yesterday and said he had 3 cars that were due in 2 weeks. The Hyundai rep told him that the leasing options will be incredible on the car. I'll keep you updated!

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