Well, my time with you has been short

[blacktom]

But alas...I have not been loyal. I tried and tried to buy a 2014 Genesis 5.0 R-Spec, but the Hyundai dealers just yanked me around constantly. You should see some of their ridiculous emails. They never gave me a price I was happy with (and in fact, when I finally did get a good price, it seemed to include expired incentives); alas.

That's where the Cadillac dealership comes into play. They were able to get me into a new 2014 ATS 2.0T Performance within the same budget I had set for a Hyundai. Ultimately, I'm leasing a $47k car for three years, and I pay a bit less than $500/mo for the privilege. The Hyundai dealers were only really getting me to around $530/mo for their similarly priced vehicles.

The Genesis is obviously a bigger car with more power and more standard features than an ATS. But the Caddy is small, fun to drive, and it's a more comfortable cockpit (a/c seats notwithstanding). I dig it.

Anyway, I guess that's farewell. I thought the 2014 Genesis 5.0 R-Spec was the car that I wanted until I drove the 2015 model, which is an amazing machine that I unfortunately cannot afford. But Cadillac was willing to deal a little more on their leftover stock, and I'm happy with the car that I got.

Cheers.

 

[kev4]

But alas...I have not been loyal. I tried and tried to buy a 2014 Genesis 5.0 R-Spec, but the Hyundai dealers just yanked me around constantly. You should see some of their ridiculous emails. They never gave me a price I was happy with (and in fact, when I finally did get a good price, it seemed to include expired incentives); alas.

That's where the Cadillac dealership comes into play. They were able to get me into a new 2014 ATS 2.0T Performance within the same budget I had set for a Hyundai. Ultimately, I'm leasing a $47k car for three years, and I pay a bit less than $500/mo for the privilege. The Hyundai dealers were only really getting me to around $530/mo for their similarly priced vehicles.

The Genesis is obviously a bigger car with more power and more standard features than an ATS. But the Caddy is small, fun to drive, and it's a more comfortable cockpit (a/c seats notwithstanding). I dig it.



Anyway, I guess that's farewell. I thought the 2014 Genesis 5.0 R-Spec was the car that I wanted until I drove the 2015 model, which is an amazing machine that I unfortunately cannot afford. But Cadillac was willing to deal a little more on their leftover stock, and I'm happy with the car that I got.

Cheers.

Sorry to hear you failed. The 2.0T is a firecracker, but the life span in short. The size of the Caddy nowhere compares with the Genesis. There is no comparison in any of the features between the two. The Genesis is head and shoulders above the Caddy, even in the looks department.
In conclusion, sorry to hear you made such a big mistake.

 

[landtuna]

They never gave me a price I was happy with (and in fact, when I finally did get a good price, it seemed to include expired incentives); alas.

We tend to forget cars are commodities and should be purchased that way. Hyundai dealers are also commodities so allegiance to one is foolhardy.

Do your homework on the exact car/model you want, specify every option then boil that car's cost down between several reputable online estimators (Edmunds, TrueCar, KBB, etc.) and determine what constitutes a fair price you would pay. Spray the dealers fleet contacts with emails spelling out the details above.

If you have done due diligence you should be able to choose from a response offer without all the BS that typically goes into a buying scenario. Of course, if you are trying to buy a car in very short supply or very high demand adjustments must be made.

 

[LA Genesis]

Congrats on the Cadillac. The ATS deservedly gets good reviews and I'm sure its fun to drive. Before I bought my '15 G I looked at the CTS. I was shocked at how much the CTS had risen in price and decided not to buy it.

I've never leased a car but I'm guessing the resale value on the Cadillac is higher than the G and therefore cheaper to lease. Good luck with the new car. I hope you enjoy yours as much as I enjoy mine.

 

[blacktom]

Do your homework on the exact car/model you want

I can't imagine anyone has done the homework and legwork that I did in my search for a Genesis. You should see the spreadsheets and calculators. I've spoken with every dealer that has an R-Spec in stock within a 5 hour drive. Eventually, they all settled around the same price, so I felt certain that was as low as they could go. Unfortunately, it was just not as low as I was comfortable paying. It wasn't that they were overcharging for the car, but that in the end, I just couldn't afford it. For that, I don't blame them.

My main complaint was just that the dealer reps that I talked to were so incompetent. They would give me wrong numbers, and I'd call them on it, and their manager would step in and apologize, bewildered by his employee's stupidity. They would consistently send me canned response messages indicating that they hadn't read my emails at all, even after repeatedly asking them to stop doing that and to answer my questions. They would promise to "beat anyone's price" and give me numbers that were significantly lower than what I already said I was willing to pay (which warrants an immediate B.S. alarm). I really wanted to buy a car from these people, and they tried really hard to dissuade me from doing so. I could have increased my budget a little, but the bottom line truth is that the idiotic sales people really turned me off.

The 2.0T is a firecracker, but the life span in short. The size of the Caddy nowhere compares with the Genesis. There is no comparison in any of the features between the two.

Yeah I realize they're completely different cars. I may regret the smaller car with slightly fewer comfort/convenience options (e.g., the Caddy has no ventilated seats, blind spot warning, or adaptive cruise). But I do like the looks (realizing they're a bit polarizing); the drive is more sporting (likely the "lighter" factor); maintenance is covered; and I felt that it fit my style/needs/budget a little better than the Genesis. I'm not taking anything away from the Genesis by saying so; it's still an amazing car that I would have really enjoyed. I just couldn't make it work.

I've never leased a car but I'm guessing the resale value on the Cadillac is higher than the G and therefore cheaper to lease.

Yep, that had a big impact on the payments (54% vs. 49%, plus excellent incentives). This is my first lease (I used to be one of those staunch anti-leasers), but it just made sense for how I use cars (low mileage, few mods) and the frequency with which I update. I typically buy a used car, make my payments on a 4- or 5-year loan, and then sell it within 2 years. I get my down payment back and move on to something new. So I figured, why not lease the car, pay nothing down, make lower payments (or drive a more valuable car), and lock myself in for three years? We'll see if it works out 36 months from now. If I ever want to stop the payment cycle (probably if I find a car I want to marry), then I'll just go back to buying used.

For anyone curious, my calculators tell me that I'm paying about $1700 extra over three years to lease vs. buying the same car (assuming I would sell the car in 3 years). If the car is worth less than the projected residual (as I expect it will be), then that premium falls pretty quickly. Plus I've got the down payment I would have spent, and I can invest that however I like. I really convinced myself that a lease actually makes sense in my situation.



Anyway, cheers all. You've got a good community here, and I'm a bit sorry I won't get to be a part of it going forward. I'll always look fondly on every 5.0 R-Spec I see on the road as I zip past your land yacht in my tiny turbo roller skate.