It's insurance to cover you in the instance of total loss to cover the "gap" between what the car is worth and how much you owe.
No you wouldn't need it then. your positive equity would be like 40 or more and so therefore no gap to cover.Thank you. So if paying cash, this wouldn't be included?
Who knows what they will include on your invoice even if you pay cash? Don't rely on the dealer to automatically exclude if you pay cash. Just tell them to remove it.Thank you. So if paying cash, this wouldn't be included?
It was an add on at my dealer as it wasn't on the original buyers order and subsequent invoice. I had to ask for it. however as Mark says it may be different at your respective dealers.Who knows what they will include on your invoice even if you pay cash? Don't rely on the dealer to automatically exclude if you pay cash. Just tell them to remove it.
I am not sure, but even if it is financed I would think it should only be added if Hyundai or your dealer finances it. If you finance it through your own bank, etc, then I would think if your finance company wants it, then I assume they will charge you for it, not the dealer.
When I said "invoice" I meant the invoice presented to customer when they purchase car from the dealer, not the invoice presented to dealer by HMA when dealer buys the car.It was an add on at my dealer as it wasn't on the original buyers order and subsequent invoice. I had to ask for it. however as Mark says it may be different at your respective dealers.
Here's my breakdown on pricing.
I purchased a 5.0 Ultimate, Casablanca White with black interior and with quite a few accessories (wouldn't have gotten them but didn't have much choice given the limited selection):
- First Aid kit (came with two for some odd reason, a small, chincy-looking one and a nice, hard-shell version that is much nicer),
- Rear bumper protector (already looks dingy around the edges and I only have 200 miles),
- Reversible cargo tray (not nearly as nice as what was in the '12 R-Spec, and
- Wheel locks.
All in, MSRP was $55,955 with $950 destination fee. Note that the original dealer, I got it through a dealer swap, had it listed for $61,772, and listed things already covered as reason for the price increase. Here's the list: Resist All, Vin (Sic) Etching, 1-Year Maintenance Package, Nitrogen Filled Tires, First Aid Package, Wheel Lock Package, Lifetime Appraisal, "Free" Service Loaner (with Appointment). This was supposedly an added $2,777. And, on top of that, there was an "Adjusted Market Availability fee of $3,000. They were really trying to gouge someone. That dealer was Oxmoor Hyundai in Louisville, Kentucky. Not sure how they can get away with that.
Total price paid before doc fee: $51,028.
Doc fee: $289.
Trade in: $27,820 2012, black on black R-Spec with 32k miles (paid just over $40k so I was pleased with the residual value. It was in near-mint condition with an excellent maintenance log.)
Thank you gift: $50 gift certificate to Starbucks for the kid that worked his ass off to arrange the trade, transport and deal with the fact that I can be particular.
That's about all I can think of . . . please don't tell me if you think I got a bad deal, I'm pretty pleased with myself and am wearing an ear to ear grin right now. Let me live on cloud 9 for a bit?
This sounds like the deal I want. Great price on the '12 R-spec. Looks like mine, but I have 33k miles on it. Shouldnt decrease the value too much. I was thinking about starting my dealings around the $50k mark for a 5.0 Ultimate so this sounds about right. Congrats. As soon as I see the 5.0 Ultimates in my area I may be joining you on the road. Not sure why there are no Utlimates up here yet. I hope they know they're killing me... LOL
Money down price locked in. Delivery within 2 weeks. Car built yesterday sales manager has VIN. 3.8 V6 AWD Ultimate. Empire State Gray with Black interior. MSRP $ 52,450. Sale price $51,100 Customer loyalty $1000 Military $500. Final sale price $49,600. Trade in 2011 V6 with tech package $21,000. Adjusted price $28,600. OTD $31,160 Taxes and misc fees included.
2 weeks was obviously optimistic. The “at least one month” suggested was just about right. Car is in country expected delivery next week.3.8 AWD Ultimate $338 under invoice but car is ordered not physically there. Necessary to lock in price for desired configuration and color scheme.
When I say ordered I don't mean "to be made". I mean on ship.
Let me add to that being revved to 6000 RPM out of gear.I can do one month or better for a car made for me and won’t be test driven by anybody especially on and off curbs as was stated by one of our forum test drive reviewers.
Congratulations on your 2015 5.0 Ultimate. I have a 2013 Rspec white with beige, 8k miles, that I may be trading in to get a 2015 5.0 Ultimate. I've driven the 2015 5.0 Ultimate and its a great car. I was wondering what your thoughts are regarding how the 2015 feels versus your 2012 Rspec. Does the extra weight in the 2015 5.0 make your new car feel less powered, or to heavy.Here's my breakdown on pricing.
I purchased a 5.0 Ultimate, Casablanca White with black interior and with quite a few accessories (wouldn't have gotten them but didn't have much choice given the limited selection):
- First Aid kit (came with two for some odd reason, a small, chincy-looking one and a nice, hard-shell version that is much nicer),
- Rear bumper protector (already looks dingy around the edges and I only have 200 miles),
- Reversible cargo tray (not nearly as nice as what was in the '12 R-Spec, and
- Wheel locks.
All in, MSRP was $55,955 with $950 destination fee. Note that the original dealer, I got it through a dealer swap, had it listed for $61,772, and listed things already covered as reason for the price increase. Here's the list: Resist All, Vin (Sic) Etching, 1-Year Maintenance Package, Nitrogen Filled Tires, First Aid Package, Wheel Lock Package, Lifetime Appraisal, "Free" Service Loaner (with Appointment). This was supposedly an added $2,777. And, on top of that, there was an "Adjusted Market Availability fee of $3,000. They were really trying to gouge someone. That dealer was Oxmoor Hyundai in Louisville, Kentucky. Not sure how they can get away with that.
Total price paid before doc fee: $51,028.
Doc fee: $289.
Trade in: $27,820 2012, black on black R-Spec with 32k miles (paid just over $40k so I was pleased with the residual value. It was in near-mint condition with an excellent maintenance log.)
Thank you gift: $50 gift certificate to Starbucks for the kid that worked his ass off to arrange the trade, transport and deal with the fact that I can be particular.
That's about all I can think of . . . please don't tell me if you think I got a bad deal, I'm pretty pleased with myself and am wearing an ear to ear grin right now. Let me live on cloud 9 for a bit?
This is a bit detailed, I apologize in advance.Any feedback you can provide would be great. Also, how do you like the white vs your old black Rspec. 10 months ago I had a black car that i sold when I bought my white Rspec. I like the white and was planning on getting a White 2015 5.0 but with the black sun-roof which runs down the entire roof, I'm not sure how how I will like it. Thus I may go back to black with gray interior which looks great in my opinion, but black gets hot as I'm sure you know.
This is a bit detailed, I apologize in advance.
Comparing the '12 R-Spec to the '15 5.0 Ultimate is a bit like comparing apples to oranges. To me the drive, "feel," and everything about the car is different. I'll start with what most people reference, the ride. I never noticed a "problem" with the R-Spec, but it was stiff. You could feel the road and knew where the bumps were without being jarred by them. The transmission shifted smoothly, the cabin was quiet, but the steering was stiff and uniform across the range. When you turned the wheel, you felt the tension equally across the range of turning the wheel.
The '15 is quite simply different. There is a very light feel to the steering at low speeds, feather light in fact. At higher speeds it stiffens and the feel is soft but firm. The suspension loses the firm feel of the R-Spec and instead evens the bumps so that you forget about even the moderate ones. Haven't run into truly bad roads yet, but anticipate that it will have more of a luxury feel than a sports sedan feel. I think the effect is that you lose some connection to the road, but the wider stance and bigger tires gobble that up and make it a non-issue. The transmission is still forgetfully smooth and even in "Sport" you can tell there is a focus on luxury with overtake rather than a street machine.
Interior quality is a massive leap forward. The wood inlay, the upgrade in leather, and beyond all else, the seats. The driver's seat is simply amazing. I'm tall and have never had the seat extender which is fantastic. The bolsters connect you laterally to the car and give you a sense of being plugged in. I was impressed by the '12's interior when I first bought the car, but stunned by the '15's.
Regarding the color, I love the white. It's a pearl effect and the only explanation I have is that it almost looks like the color has 3D depth. I love the contrast of the black panoramic sunroof with the black feature on the side mirrors and plastic accents on the bumpers. The white car is uniquely striking in person. I never even considered the white until I saw it in person and was hooked from the second I saw a 3.8 in white when I first test drove a '15. I haven't yet had a chance to determine a difference in how the car heats up in the sun in the white versus black exterior, I go from garage at home to garage at work, but I'll run into that soon I'm sure.
Biggest differences - the tech. The '15 is oozing with tech. At every corner there's a sensor, a stat you can see (with the BlueLink package) or some thoughtful design feature you don't notice until you need it or are helped by it. The '12 felt as if it was still shackled to the '09 tech which was great for its time, but outdated compared to today's cars.
The not good:
- Visibility over the hood is horrible. You do have the parking sensors, but in the '12 you could still see to park. In the '15 you are forced to rely on the parking sensors because of how flat the hood is across the entire front of the car.
- They still haven't fixed the rain in the trunk problem, but it's not nearly as bad as before.
- The iPhone app sucks. You have to log on twice. Once with a password to get into the app, and then again via the PIN to actually perform any action (like remote start). I think the PIN only would be sufficient, or allow us to log in and then remain logged in permanently.
- The "in-car" apps . . . there aren't any! I wish they would have launched with a few so that we could explore those features.
- iPhone integration is weak at best and gimmicky, but I have had no issues with voice controls as others have.
- No rear heated seats. This is a massive overlook as it can't possibly be an expensive feature (it's in base model Kia's!). The '12 had a sense of four passenger luxury that's diminished with its removal.
- Wish they would have given us fold down seats for Costco runs, especially since there is significantly less trunk space.
- The manuals! There's a sea of manuals. Tech, yes, but there's no need for hundreds and hundreds of pages of inane warnings and senseless additions. It goes so far as to warn against leaning on the center console or "arm rest"!
Overall, I love the car and items like the in-car apps and smart phone apps will eventually be fixed. More than you asked for, but that's my 27 cents. The pictures wouldn't load so I'll put it off yet again - they'll come eventually!
To my recollection most of the reviews I’ve read have said that it shouldn’t be considered a “Sport Sedan” but a well mannered Luxury car emphasis on Luxury. For me in particular that is what matters the most. There are a lot of us here that would like to think that their year or model to be the consummate “Sport Sedan”. While some are better than others the difference is marginal at best unless of course altered in some way from stock. I’ve driven the 2014’s in V6 and Rspec form when evaluating the cost justification of going with the 2015. The 2014s I would think to be the best if not the latest the 1st generation can offer in terms what I expect from a luxury car. It’s hard to be a “Jack” of all trades so a car needs a clear target has to be considered. “For me” there is no doubt. The 2015 is a more refined car and a lesson well learned by Hyundai on how to build luxury cars. It did everything with an ease and poise that instills confidence. Money well spent.
I can do one month or better for a car made for me that won’t be test driven by anybody especially on and off curbs as was stated by one of our forum test drive reviewers.
trotti -- Thanks again for the detailed feedback between the 2012 Rspec vs 2015 Genesis 5.0. How about the extra weight the 2015 has. Does that extra 500 pounds make the 2015 feel sluggish, or does the weight not even bother the 2015? On my initial drive with the 2015 5.0, the car just felt a lot bigger due to the extra 500 pounds of weight. I'll drive it again, and see how it feels. Thanks for your feedback. Regards, DanThis is a bit detailed, I apologize in advance.
Comparing the '12 R-Spec to the '15 5.0 Ultimate is a bit like comparing apples to oranges. To me the drive, "feel," and everything about the car is different. I'll start with what most people reference, the ride. I never noticed a "problem" with the R-Spec, but it was stiff. You could feel the road and knew where the bumps were without being jarred by them. The transmission shifted smoothly, the cabin was quiet, but the steering was stiff and uniform across the range. When you turned the wheel, you felt the tension equally across the range of turning the wheel.
The '15 is quite simply different. There is a very light feel to the steering at low speeds, feather light in fact. At higher speeds it stiffens and the feel is soft but firm. The suspension loses the firm feel of the R-Spec and instead evens the bumps so that you forget about even the moderate ones. Haven't run into truly bad roads yet, but anticipate that it will have more of a luxury feel than a sports sedan feel. I think the effect is that you lose some connection to the road, but the wider stance and bigger tires gobble that up and make it a non-issue. The transmission is still forgetfully smooth and even in "Sport" you can tell there is a focus on luxury with overtake rather than a street machine.
Interior quality is a massive leap forward. The wood inlay, the upgrade in leather, and beyond all else, the seats. The driver's seat is simply amazing. I'm tall and have never had the seat extender which is fantastic. The bolsters connect you laterally to the car and give you a sense of being plugged in. I was impressed by the '12's interior when I first bought the car, but stunned by the '15's.
Regarding the color, I love the white. It's a pearl effect and the only explanation I have is that it almost looks like the color has 3D depth. I love the contrast of the black panoramic sunroof with the black feature on the side mirrors and plastic accents on the bumpers. The white car is uniquely striking in person. I never even considered the white until I saw it in person and was hooked from the second I saw a 3.8 in white when I first test drove a '15. I haven't yet had a chance to determine a difference in how the car heats up in the sun in the white versus black exterior, I go from garage at home to garage at work, but I'll run into that soon I'm sure.
Biggest differences - the tech. The '15 is oozing with tech. At every corner there's a sensor, a stat you can see (with the BlueLink package) or some thoughtful design feature you don't notice until you need it or are helped by it. The '12 felt as if it was still shackled to the '09 tech which was great for its time, but outdated compared to today's cars.
The not good:
- Visibility over the hood is horrible. You do have the parking sensors, but in the '12 you could still see to park. In the '15 you are forced to rely on the parking sensors because of how flat the hood is across the entire front of the car.
- They still haven't fixed the rain in the trunk problem, but it's not nearly as bad as before.
- The iPhone app sucks. You have to log on twice. Once with a password to get into the app, and then again via the PIN to actually perform any action (like remote start). I think the PIN only would be sufficient, or allow us to log in and then remain logged in permanently.
- The "in-car" apps . . . there aren't any! I wish they would have launched with a few so that we could explore those features.
- iPhone integration is weak at best and gimmicky, but I have had no issues with voice controls as others have.
- No rear heated seats. This is a massive overlook as it can't possibly be an expensive feature (it's in base model Kia's!). The '12 had a sense of four passenger luxury that's diminished with its removal.
- Wish they would have given us fold down seats for Costco runs, especially since there is significantly less trunk space.
- The manuals! There's a sea of manuals. Tech, yes, but there's no need for hundreds and hundreds of pages of inane warnings and senseless additions. It goes so far as to warn against leaning on the center console or "arm rest"!
Overall, I love the car and items like the in-car apps and smart phone apps will eventually be fixed. More than you asked for, but that's my 27 cents. The pictures wouldn't load so I'll put it off yet again - they'll come eventually!