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hmm used Hyundai

Shady_panda

Registered Member
Joined
Jun 16, 2013
Messages
302
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Genesis Model Type
1G Genesis Sedan (2009-2014)
hey guys, another question regarding the genesis, there is a local stealership selling a 4.6 version with 100k miles for $17.5. I could opt to get the extended "platinum" warranty for another 2600. but just wondering is this car worth it at that mileage?

P.S its an 09
 
I can't say about that car without seeing it. I can say that I have 94k on my 2011 4.6 with tech and its a great car. no problems. I have had it serviced as required and you should check the records on this one. Also buy the extended warranty if the coverage is good and deductible is not high. The engine, transmission, and brake system can be very, very expensive to repair. 8k or more for engine, 5 to 6k for transmission .
 
I can't say about that car without seeing it. I can say that I have 94k on my 2011 4.6 with tech and its a great car. no problems. I have had it serviced as required and you should check the records on this one. Also buy the extended warranty if the coverage is good and deductible is not high. The engine, transmission, and brake system can be very, very expensive to repair. 8k or more for engine, 5 to 6k for transmission .


wow you drive a lot!

wow that's pretty expensive for a Hyundai. I will ask for a carfax.
 
hey guys, another question regarding the genesis, there is a local stealership selling a 4.6 version with 100k miles for $17.5. I could opt to get the extended "platinum" warranty for another 2600. but just wondering is this car worth it at that mileage?

P.S its an 09

Shady_panda

This is a hard call, let me put it in perspective I picked my 2010 3.8 with 42K on the speedo, added the "full wrap" for $1,100 (and no the full wrap is not a sandwich) that extended the warranty out to 10 years or 100K bumper to bumper my out the door price was $18.3K.

Now this said one of the reasons that I think I got the deal that I did was this car was a lease trade in that sat on the lot for close to 5 months! I had been looking for some time and this car kept showing up but I never paid attention because it was over 300 miles from home. Month after month the price kept going down and down, and that sparked my interest, what was wrong with the car? The only two reasons that a dealer can not sell a car is its over priced, or there is something wrong with it.

So I call the dealer speak to some sales person, and say that I'm interested in the 2010 3.8 that they have on the lot. I let the sale persona know what my deal needs to be at and what I'm willing to buy the car for (be fair when giving your price) then I ask what is wrong with the car, as I've been searching for about 7 months and I have seen this car on his lot for close to 5 months, he says to me that they do not know why they can not sell it, and as a matter a fact they are about to wholesale the car the following week if its not sold by the weekend. Now it was a Monday when I called and the month was ending that same weekend, so now I knew that I was negotiating from a strong point! In my experience you never "negotiate" in the dealer, the sale teams are trained to see when someone is willing to negotiate for hours on end the sales team call this a "fish" and it shows weakness and interest in the car because you are willing to "negotiate" and they will use this to the dealers advantage. What I have done is never negotiate in person, this is done over the phone after to have personally seen and driven the car. You call the dealer back and ask to speak to the used car sales manager, you give them your best and fair price and tell them that your offer is good for 48 hours. What will happen is now you are negotiating for a "strong point" the dealer now has to meet your offer and work your deal or find another person who is willing to buy the car in the sort time that is left in the month. The dealer knows that if they wholesale the car they will lose even more money and time something that dealers are not to keen of.

So the sales person call me back the same day and give me their deal, its not what I wanted so I thank him for his time and I hang up. He calls me back the next day to tell me how good the car is the and that there is some interested in it also, so I tell him that is great and if they can sell it then that is great and I'll just keep looking. Now its Wednesday and the sales person call me again asking me if I can go that same day, I remind him that I'm 4+ hours away and I'm not going unless I know that I have the deal that I need, he go on to say that I I can't make it today then will wholesale the car that's when I know I'm negotiating from the Strong point so I tell him why wholesale the car and loss more money meet my deal and we are all happy. He tells me that he can not, so I politely thank him again and tell him that I will keep on looking. Thursday comes around the sales person calls me again first thing in the morning and says this and I quote "how soon can I come up to see the car and take it for a drive" I reply If you have my deal then I can leave working early on Friday drive up that night and be at the dealer first thing in the AM. The sales personal goes on to tell me that they can do "my" deal I ask him to email me the paper work so I can go over it and if everything is in order I'll be on my way.

All the paper work was in order, I call him back and let him know that I'll see him first thing in the AM Saturday 1 day before the end of the 5 months that it was on the lot. I drive up inspected the car for about a good hour, took it out on the road for the longest road test that I have ever been on a good hour and a half, back roads, surface roads and even on the highway. By the time I get back to the dealer it was about a hour before they where closing so all the paper work was laid out on a deal for me to sign and with in that hour I had my keys in hand and walking out the door with "my" deal and my new to me 2010 3.8 Genesis.

Shady_panda the moral here is wait for your car it will show up, and be smart and negotiate your deal from your strong point not the dealers!
 
Shady_panda

This is a hard call, let me put it in perspective I picked my 2010 3.8 with 42K on the speedo, added the "full wrap" for $1,100 (and no the full wrap is not a sandwich) that extended the warranty out to 10 years or 100K bumper to bumper my out the door price was $18.3K.

Now this said one of the reasons that I think I got the deal that I did was this car was a lease trade in that sat on the lot for close to 5 months! I had been looking for some time and this car kept showing up but I never paid attention because it was over 300 miles from home. Month after month the price kept going down and down, and that sparked my interest, what was wrong with the car? The only two reasons that a dealer can not sell a car is its over priced, or there is something wrong with it.

So I call the dealer speak to some sales person, and say that I'm interested in the 2010 3.8 that they have on the lot. I let the sale persona know what my deal needs to be at and what I'm willing to buy the car for (be fair when giving your price) then I ask what is wrong with the car, as I've been searching for about 7 months and I have seen this car on his lot for close to 5 months, he says to me that they do not know why they can not sell it, and as a matter a fact they are about to wholesale the car the following week if its not sold by the weekend. Now it was a Monday when I called and the month was ending that same weekend, so now I knew that I was negotiating from a strong point! In my experience you never "negotiate" in the dealer, the sale teams are trained to see when someone is willing to negotiate for hours on end the sales team call this a "fish" and it shows weakness and interest in the car because you are willing to "negotiate" and they will use this to the dealers advantage. What I have done is never negotiate in person, this is done over the phone after to have personally seen and driven the car. You call the dealer back and ask to speak to the used car sales manager, you give them your best and fair price and tell them that your offer is good for 48 hours. What will happen is now you are negotiating for a "strong point" the dealer now has to meet your offer and work your deal or find another person who is willing to buy the car in the sort time that is left in the month. The dealer knows that if they wholesale the car they will lose even more money and time something that dealers are not to keen of.

So the sales person call me back the same day and give me their deal, its not what I wanted so I thank him for his time and I hang up. He calls me back the next day to tell me how good the car is the and that there is some interested in it also, so I tell him that is great and if they can sell it then that is great and I'll just keep looking. Now its Wednesday and the sales person call me again asking me if I can go that same day, I remind him that I'm 4+ hours away and I'm not going unless I know that I have the deal that I need, he go on to say that I I can't make it today then will wholesale the car that's when I know I'm negotiating from the Strong point so I tell him why wholesale the car and loss more money meet my deal and we are all happy. He tells me that he can not, so I politely thank him again and tell him that I will keep on looking. Thursday comes around the sales person calls me again first thing in the morning and says this and I quote "how soon can I come up to see the car and take it for a drive" I reply If you have my deal then I can leave working early on Friday drive up that night and be at the dealer first thing in the AM. The sales personal goes on to tell me that they can do "my" deal I ask him to email me the paper work so I can go over it and if everything is in order I'll be on my way.

All the paper work was in order, I call him back and let him know that I'll see him first thing in the AM Saturday 1 day before the end of the 5 months that it was on the lot. I drive up inspected the car for about a good hour, took it out on the road for the longest road test that I have ever been on a good hour and a half, back roads, surface roads and even on the highway. By the time I get back to the dealer it was about a hour before they where closing so all the paper work was laid out on a deal for me to sign and with in that hour I had my keys in hand and walking out the door with "my" deal and my new to me 2010 3.8 Genesis.

Shady_panda the moral here is wait for your car it will show up, and be smart and negotiate your deal from your strong point not the dealers!


problem is I dont have a lot of time left where I'm at, I'm 1 month away from pcs to Hawaii, wish I start looking a while back though :(
 
SP Just my .02 cents worth, but for me, I'd look at a base model 2012. The former rentals can be bought for about $22k-$22.5k or $23k-$23.5k for a CPO, with generally 25k miles.

While it doesn't have all the toys of the loaded cars, it is still a great car and virtually new compared to a 100k model. I'm pretty sure a 25k v6 will run with a 100k v8, but you'll still have almost 4 years and 35k miles of full wty and the new body style.

I know it's more money than you want to spend, but buying someone else's 100k car is a lot different than driving your car up to a 100k. On resale, I think you will easily make the difference back...there aren't many buyers out there for a 150k miles used car.

Hope this helps in some way and good luck.
 
SP Just my .02 cents worth, but for me, I'd look at a base model 2012. The former rentals can be bought for about $22k-$22.5k or $23k-$23.5k for a CPO, with generally 25k miles.

While it doesn't have all the toys of the loaded cars, it is still a great car and virtually new compared to a 100k model. I'm pretty sure a 25k v6 will run with a 100k v8, but you'll still have almost 4 years and 35k miles of full wty and the new body style.

I know it's more money than you want to spend, but buying someone else's 100k car is a lot different than driving your car up to a 100k. On resale, I think you will easily make the difference back...there aren't many buyers out there for a 150k miles used car.

Hope this helps in some way and good luck.


I plan to keep my car for a long time, I have an 02 Acura that I own for 8 years, if the car can make it to 200k I consider that a well bought car.
 
wow you drive a lot!

wow that's pretty expensive for a Hyundai. I will ask for a carfax.

I do drive a lot but as far as expensive, remember the Genesis is a car that is a premium luxury sedan with engine and transmission similar to Jaguar, BMW, Lexus etc. You have to pay to play.
 
Looking to update and upgrade your Genesis luxury sport automobile? Look no further than right here in our own forum store - where orders are shipped immediately!
does anyone know the depreciation value of this car? especially the V8 version
 
hey guys, another question regarding the genesis, there is a local stealership selling a 4.6 version with 100k miles for $17.5. I could opt to get the extended "platinum" warranty for another 2600. but just wondering is this car worth it at that mileage?

P.S its an 09

Book it at KBB. I believe the price is a bit high.
 
Nah -- Look elsewhere............:grouphug:
 
hey guys, another question regarding the genesis, there is a local stealership selling a 4.6 version with 100k miles for $17.5. I could opt to get the extended "platinum" warranty for another 2600. but just wondering is this car worth it at that mileage?

P.S its an 09
Keep in mind that when you purchase an extended warranty on a used Genesis it's duration in miles and months will be reduced in accordance with how old the car is and how many miles it has on it. If you go with this be sure to see, in writing, the terms. If it already has 100K on it, you may not get much in the way of additional coverage, and 2600 is twice as much as most are paying for Platinum. If something breaks down the road you may have an unpleasant surprise.
 
thanks all.

let me know if this is a good deal please, I know its subjective but I would like to know everyone input

I test drove that V8 genesis, it has 97k, Negotiate the price to 16400 I opt for the 4 years 48k platinum service which is bumper to bumper as I was told for $2835 grand total of 19235. I thought it was a good deal, but something holding me back.
 
thanks all.

let me know if this is a good deal please, I know its subjective but I would like to know everyone input

I test drove that V8 genesis, it has 97k, Negotiate the price to 16400 I opt for the 4 years 48k platinum service which is bumper to bumper as I was told for $2835 grand total of 19235. I thought it was a good deal, but something holding me back.
You can get the same HMM Platinum policy from Jim Ellis Hyundai in Atlanta (over the phone or by email) for less than half the price you're being quoted.
 
You can get the same HMM Platinum policy from Jim Ellis Hyundai in Atlanta (over the phone or by email) for less than half the price you're being quoted.

how can i get in contact with him?


to my undertanding platinum is bumper to bumper or did the dealrship lied to me?
 
The HMM Platinum is bumper to bumper for whatever term is called out in your contract. Apparently with your 100K miles they will go to 4 years/48K miles. It's up to you whether that extra coverage is worth the cost (it might be at half the price you're quoting, but 2.8K sounds way high). If I were looking at this deal I'd go elsewhere - there are plenty of previously owned Genesis' out there.

Re Jim Ellis Hyundai - the guy I dealt with is the business manager, Haub Cao <haub@jimellis.com>
 
Keep in mind with the HPP there are certain exclusions, even on the bumper-to-bumper version. For example, the Platinum wty does not cover either the smart cruise control or the parking sensors; and for 2012 it seems to not cover the LDWS.

Not sure if the car you are considering has these, but a reminder for all.
 
If you go with the extended warrenty, check the writing, if you don't take it to the selling dealer, you may have to make a co-pay for repairs.
 
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