- Genesis Model Type
- No Genesis Yet!
I always intended to buy with financing and never realized I could actually get a better deal by leasing the vehicle and then buying. I did have a couple of questions.Best place that I have found is the Edmunds' forums. They will give the current MF, RVs and any lease cash/incentives (other than the normal conquest, loyalty, military, etc.).
2019 Genesis G70 Lease Deals and Prices
To find the incentives available by model/trim autobytel is a good source.
2019 Genesis G70 Incentives and Rebates | Autobytel.com
1) Since the plan is to buy the vehicle in the end, does the residual and yearly mileage matter?
2) Since the MF/Interest is less than anything you would get with financing, does it make sense to have a 48 month lease since according to the autobytel website both the 48 and 36 month leases have the 4000 lease cash? In my mind the best way to handle this would be to take the lease to the end and then buy the vehicle using outside financing to cover the the residual.
3) Is it better to overpay the monthly lease payments to pay down the end residual or just put whatever is over the monthly payment into an interest bearing account and use that as "down payment" when buying the car out? I'm fairly certain its the latter but I just want to see if I'm missing something here.
Thank you for all of this information.