struggling with Genesis return on investment

[BacktoHyundaibychoice]

A casual reading of this forum suggests quite a few folks are leasing Genesis (Genesi?), but I haven't kept track of whether 3.8 or 4.6 predominate (I would bet 4.6). If you can find a not-too-used 3.8 it would probably be a good purchase. If you have a relationship with a dealer (and maybe even if you don't) you could ask them to notify you when one comes available.

Yep. The 27 mo. lease on my 4.6 ends in 3 months, with probably no more than 17,000 miles. Should make someone very happy!

 

[BacktoHyundaibychoice]

And to the OP:

Take a look at the Azera. Might be the perfect compromise for you.

 

[VIPISM]

no way not the current azera styling, wait for the 2012 if u want a nice compromise...

And to the OP:

Take a look at the Azera. Might be the perfect compromise for you.

 

[meanderthal]

One possible way to rationalize a car purchase as an investment is to consider the $$ payback from cost avoidance. If you love the car so much that you drive it until it drops, you'll save several depreciation losses and startup costs that would've come at each trade-in time, costs that one would reasonably hope would be much higher than maintenance on the single car. Just something to consider if the alternate choice is something you might grow tired of. You won't make money with this "investment", but you may lose less.

 

[ellsworth007]

hmmmmm
Sonata is going to quickly be like the Jeep cherokee was many years ago. It multiplied and became the vehicle of choice for a large part of the population . The Sonata is an average vehicle for an affortable price. My opinon is, these type of car's can be bought at such an affortable price they may not be an attractive purchase from an owner used. I would get a camery or a honda at a similar price which show stable blue book resale.I wanted the Genesis first because of it's looks and finally made a decision because of how much luxury and power I could get for the price. I see people on this site all the time drooling over the Genesis and looking to find a way to buy one . The Genesis would attract more attention and potential buyers than the sonata so .....I vote the Genesis

 

[ricrawling]

I would definitely agree at looking at the used Genesis 3.8/4.6. I looked for several weeks at various Lexus, Lincoln, Infiniti, and Hyundai products. I came across a 2009 Genesis 4.6 with Tech package with 18,000 miles for about $31,000 including the platinum 100,000 bumper to bumper Hyundai extended warranty. The dealer had also just put brand new tires on it. The car looked brand new also, so I couldn't pass it up. That's just a bit more than the loaded up Sonata, since the dealer wouldn't deal at all on the Sonatas since they are such high demand right now. I think the Genesis will definitely hold its value longer after already taking a $13-14K hit in depreciation.

 

[flyboy2]

I'm getting an 8% return with my car which
is doing better than my Enron stock-

 

[bradyb]

all great feedback folks.
I'm coming from an 05 cadillac sts - and looking for a similar comfort level/feature set.

My choice of words with "return on investment" was poor.
A more accurate phrase would have been "bang for the buck".

I'm looking to get the most for my dollars.

One of the previous posters mentioning waiting for a gently used 3.8. I'm leaning that way - but don't see alot of them on dealer lots. Carmax has a few - but i'm not a carmax fan (bad experience in the past).

I was able to get my sts used in 07 at a great price, as it was coming off lease.
Is this a popular lease car ? Should i expect to start seeing lease returns coming available soon ?

i dont think there is any better "bang-for-the-buck" than the genesis 4.6........

Anyone on deck with me?

 

[dg_moore]

i dont think there is any better "bang-for-the-buck" than the genesis 4.6........

Anyone on deck with me?

The 3.8 is no slouch, either!

 

[ASHDUMP]

Can anyone say Hindenburg Omen?
http://blogs.wsj.com/marketbeat/2010/08/23/yes-folks-hindenburg-omen-tripped-again/

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[Mstrplnr]

If you are going from a Cadillac STS, you definately want the Genesis. I had considered both the Genesis and Sonata. I ended up with a new Genesis 4.6 and am very happy with my purchase. Everyone is correct - they are very different cars.

Since I buy a new car every 10 years, the increased cost of the Genesis was justified.

 

[Snake33]

The Genesis will give you a good bang for the buck. A nicely loaded Genesis 4.6 is comparable to a 5 series BMW at a much lower price.

 

[Cut-Throat]

I'm enjoying my 4.6 too. It's a better car than my much more expensive Lexus GS350

 

[dhaile]

My wife owns a 2011 Sonata limited and I drive a 2010 Genesis 4.6. I can tell you they are both great vehicles. My wife's car gets great mileage (32 hwy) and is in my opinion, a better looking car both inside and out. That said, my Genesis drives much much nicer, handles better, has alot more power... etc.. My wife still likes her Sonata better and she could have either.... The Sonata has a real 6sp trans like the genesis and kinda makes up for the 4cyl with that trans. It really depends on what you like.... Both are great vehicles....

 

[rwriglet]

I was also looking at a new Sonata versus a gently used Genesis - both price out to be out the same once you load up the Sonata with the luxury extras. I tracked the prices in my area for a couple of months, and just picked up a 2-year 3.8 with Premium Plus, CPO and 30k miles for under $24k.

Good luck on the search.

 

[jkang29]

I considered Sonata before purchasing my 2010 3.8 Genesis.
I got the base model for $30K and it includes everything I need.
In my opinion, for a slightly more than a fully load Sonata, I got a much better car.