Price Paid For 2015 Genesis

[bobrosenbaumjr]

I'm planning to pick up my 15 Genesis 3.8 AWD Ultimate tomorrow ... I am LEASING ... I am being offered 15,000 miles/year, 36 months @ $599/month $0 down (sign and drive) ... $46,753 Negotiated price, 59% RV, and .00076 MF ... THOUGHTS PLEASE? GOOD DEAL? BAD DEAL?

Thanks in advance folks!

 

[Boulderado]

I'm planning to pick up my 15 Genesis 3.8 AWD Ultimate tomorrow ... I am LEASING ... I am being offered 15,000 miles/year, 36 months @ $599/month $0 down (sign and drive) ... $46,753 Negotiated price, 59% RV, and .00076 MF ... THOUGHTS PLEASE? GOOD DEAL? BAD DEAL?

Thanks in advance folks!

RV and MF numbers are correct but looks like a meh deal because of the negotiated price. There is already a $1500 lease cash and another $1500 conquest cash (if you own a direct competitor's car) or $1000 loyalty rebate if you already own a Hyundai. Add these to your $46,753 and you will realize the dealer is only giving you about %6 off MSRP. Just check Truecar and I am sure you can easily find %9-10 off MSRP before incentives. Wait a little longer for 2016s to show up in the lots and %13-15 off MSRP on 2015s should be doable. Depending on your location and the Genesis inventory of your local dealers I would aim for something around $500/month (including tax and dealer/finance fees) with 0 down if you are looking to make a deal these days.

 

[bobrosenbaumjr]

RV and MF numbers are correct but looks like a meh deal because of the negotiated price. There is already a $1500 lease cash and another $1500 conquest cash (if you own a direct competitor's car) or $1000 loyalty rebate if you already own a Hyundai. Add these to your $46,753 and you will realize the dealer is only giving you about %6 off MSRP. Just check Truecar and I am sure you can easily find %9-10 off MSRP before incentives. Wait a little longer for 2016s to show up in the lots and %13-15 off MSRP on 2015s should be doable. Depending on your location and the Genesis inventory of your local dealers I would aim for something around $500/month (including tax and dealer/finance fees) with 0 down if you are looking to make a deal these days.

I'm not sure where you're finding these incentives or coming up with your numbers - I'm in the dc market and my negotiated price is already below the true car figure (see screenshots attached).

 

[Boulderado]

I'm not sure where you're finding these incentives or coming up with your numbers - I'm in the dc market and my negotiated price is already below the true car figure (see screenshots attached).

Sorry I can't see an attachment but of course I believe that you are beating the Truecar price but that Truecar price wouldn't factor in the rebates I mentioned above. It assumes you are just buying the car.

You can also check the Edmunds forums to see the lease terms/incentives and prices paid experiences:

http://forums.edmunds.com/discussions/tagged/hyundai/genesis

I also use this excel spreadsheet to calculate the monthly payments myself:

http://www.money-zine.com/download/car-lease-calculator.xls

 

[bigdaveinomaha]

I bought a "brasshat" which had 5900 miles on it. It was a manufacturer demo. MSRP was $55,855, got it for $41k after rebates and discounts. I don't mind the extra mileage, some would. And because of the TERRIBLE resale value of the Genesis currently, I lease.

That is an insane deal! Good for you! I currently own a 2013 RSpec and if I found a deal like that on a 5.0 Ultimate I'd upgrade in a heartbeat!

 

[laderadude]

I think i am nearing the point of pulling the trigger on a 2015 3.8 rwd with signature and tech. I will be buying. I'm trying to figure out what my target OTD price should be. True car says it should be 40700 plus TTL (estimate about 15% in CA). That puts me right at MSRP OTD. That just seems high to me. I've read only 4 pages in this string, but I'm hoping someone can give me some advice.

Thanks in advance.

 

[synnyster]

I think i am nearing the point of pulling the trigger on a 2015 3.8 rwd with signature and tech. I will be buying. I'm trying to figure out what my target OTD price should be. True car says it should be 40700 plus TTL (estimate about 15% in CA). That puts me right at MSRP OTD. That just seems high to me. I've read only 4 pages in this string, but I'm hoping someone can give me some advice.

Thanks in advance.

40.7K + TTL sounds about right. Don't think you will get it for much cheaper. Sig+Tech is $7500. MSRP on base is 38K and change. That is 45.5K total, You are getting it for $5K under MSRP. Maybe you can knock off another 1K. Good luck.

 

[DRS]

Would like some help folks.. Got a price for a Ultimate optioned 5.0 for $47,900, no sales tax or fees were added into this number. Includes the misc factory sticker mud flaps and few other goodies. No dealer added items, and no Platinum 10/100. Is this good enough? Any thoughts? Thanks

 

[Boulderado]

Would like some help folks.. Got a price for a Ultimate optioned 5.0 for $47,900, no sales tax or fees were added into this number. Includes the misc factory sticker mud flaps and few other goodies. No dealer added items, and no Platinum 10/100. Is this good enough? Any thoughts? Thanks

14% off MSRP is a sweet deal if that is solely the dealer discount not factoring in any rebates or incentives...

 

[Alwaysforward]

Would like some help folks.. Got a price for a Ultimate optioned 5.0 for $47,900, no sales tax or fees were added into this number. Includes the misc factory sticker mud flaps and few other goodies. No dealer added items, and no Platinum 10/100. Is this good enough? Any thoughts? Thanks

That is a sweet deal. I got the Hyundai Circle Discount and mine was around $50k.

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[DRS]

14% off MSRP is a sweet deal if that is solely the dealer discount not factoring in any rebates or incentives...

Thanks. It had about $2.5k in rebates in the price I quoted. Sorry for confusion.

 

[DRS]

That is a sweet deal. I got the Hyundai Circle Discount and mine was around $50k.

Thanks for the feedback.

 

[G-me]

Hi all, new to the forum and Hyundai. Just bought a Casablanca white Genesis Ultimate 5.0
Sticker was 57k with every bell and whistle (All-weather mats, Hyundai emblem swap, mud flaps, etc.) I paid 51k after 2k in rebates. Not to mention they offered me a killer deal on my trade sight unseen. Never thought I'd go from Infiniti to Hyundai. LoL

I will say you cannot beat everything you get dirt the price you pay. The Audi A7 and Infiniti Q70 I was looking at were both about 20k + for the same technology package setups. Happy so far.

 

[Alwaysforward]

to the forum and congrats on the new ride and joining in on the Hyundai Genesis family. I too have a 5.0 Ultimate and I must say, best car I have ever owned or driven.

 

[Aquineas]

Hi all, new to the forum and Hyundai. Just bought a Casablanca white Genesis Ultimate 5.0
Sticker was 57k with every bell and whistle (All-weather mats, Hyundai emblem swap, mud flaps, etc.) I paid 51k after 2k in rebates. Not to mention they offered me a killer deal on my trade sight unseen. Never thought I'd go from Infiniti to Hyundai. LoL

I will say you cannot beat everything you get dirt the price you pay. The Audi A7 and Infiniti Q70 I was looking at were both about 20k + for the same technology package setups. Happy so far.

and Congrats!! You chose the best color combo I still think the Infiniti wheels are my favorite OEM wheels of all time.

 

[opticsguy]

New member. Long time (15 years) owner of an Audi A6. Though it still runs, it's looking at 10K worth of suspension/engine seals/turbo work. I've always liked the Genesis. I'm wondering if any ex-Audi owners can chime in.

Living in TX, I really don't see the need for AWD. I've identified a few 3.8 models at a dealer close by. What is a reasonable price to pay for a Singature/Tech model, about 3K under sticker? I'm not really interested in the Ultimate package, but if it helps them move a car, will they discount it?

I haven't bought/leased a new car since 2000. A lot has changed.

 

[litesong]

I am trading in a 2009 Genesis. They gave me $12,960 for it.

My Elantra is worth $13,000. Ya shoulda kept the 2009 Genesis..... or given it to your kid..... or girlfriend......or charity.

 

[hclll1]

Good to hear that Hyundai is generous with Trade-ins. I have a loaded 2014 X3 that I am thinking about trading. Do you think they will give me anything close to KBB trade-in value?

Also, is the incentive on lease and conquest rebate still available for March? Then what would be a target selling price for the lease for a 3.8 Ultimate, somewhere around $42k +TTL?

 

[gabe0521]

Glad to own a new Genesis! I got mine in the Dallas market. Casablanca white with beige interior. I got the base model with no upgrades. I did get the rebadging, wheel locks, first aide kit, and cargo net. Stickered at $38,950 (MSRP with destination fee). I bought the car (no lease) at $34.489. The total out the door was $37,000 after taxes. Just wanted to check to see if that was an ok deal. Happy with the car so far!

 

[opticsguy]

Was it Huffines in Plano or McKinney?

I'm heading to Plano with the title to my Audi this afternoon.