What did you pay for your Genesis G80?

[Kevin L]

I'm currently yanking the chains of several Florida dealers and the best out the door price I've found on a no option G80 is $51,000 otd, but I want $49,900 before I pull the trigger. That $51k includes a $950 dealer fee.

What powertrain is this?

 

[dadgonebroke]

What powertrain is this?

Base, no option no sunroof car- 4 cyl turbo. List msrp around $49125.

 

[TinsleyC]

Base, no option no sunroof car- 4 cyl turbo. List msrp around $49125.

I bought the base, no option 2019 RWD G80 in Nov 2019, $37,500 plus TTL. They have gone up.

 

[Kevin L]

Base, no option no sunroof car- 4 cyl turbo. List msrp around $49125.

Understood. So, you want to pay $49.9K for the car with fees plus tax and tags, is that correct. If so, that's reasonable and maybe even a bit generous.

I'm in Florida, too. I paid $58,025 (the MSRP for my car) plus tax and tag only - no fees other than the mandated tire and battery fee. Technically, they charged me a $778 dealer fee and $165 doc fee, but I had them reduce the sale price by those amounts. Here's the breakdown. If you do the math, you'll see they made a $100 mistake, in their favor, that I believe it was a true mistake. When I came back the following day I pointed out the mistake, they checked the math, and said I was right. They refunded me $106.00 ($100 plus 6% tax) without hesitation.

You're offering $775 over MSRP including fees. Not bad for an in-demand car, but you can do better. I have an aversion to paying dealer fees and other bogus add-ons, and never have on any purchase. I was in sales for 40 years before retiring. I appreciate making a living by commission can be difficult. That's why there's a high attrition rate in the profession. I don't look to squeeze every dime out of negotiation, but look for a fair deal. At MSRP, there is a fair margin in the deal and doesn't warrant any of the dealer fees and add-ons that only have value for the dealership.

Good luck with your negotiations.

 

[bthor]

Good thural post. THx b

 

[dadgonebroke]

Understood. So, you want to pay $49.9K for the car with fees plus tax and tags, is that correct. If so, that's reasonable and maybe even a bit generous.

I'm in Florida, too. I paid $58,025 (the MSRP for my car) plus tax and tag only - no fees other than the mandated tire and battery fee. Technically, they charged me a $778 dealer fee and $165 doc fee, but I had them reduce the sale price by those amounts. Here's the breakdown. If you do the math, you'll see they made a $100 mistake, in their favor, that I believe it was a true mistake. When I came back the following day I pointed out the mistake, they checked the math, and said I was right. They refunded me $106.00 ($100 plus 6% tax) without hesitation.

You're offering $775 over MSRP including fees. Not bad for an in-demand car, but you can do better. I have an aversion to paying dealer fees and other bogus add-ons, and never have on any purchase. I was in sales for 40 years before retiring. I appreciate making a living by commission can be difficult. That's why there's a high attrition rate in the profession. I don't look to squeeze every dime out of negotiation, but look for a fair deal. At MSRP, there is a fair margin in the deal and doesn't warrant any of the dealer fees and add-ons that only have value for the dealership.

Good luck with your negotiations.

View attachment 34110View attachment 34111

 

[dadgonebroke]

I'm looking to write a check with a total of $49,900 out the door including tax and tag and anything else they want to write on the paperwork- for a car with a msrp of $49,3xx.

 

[Kevin L]

I'm looking to write a check with a total of $49,900 out the door including tax and tag and anything else they want to write on the paperwork- for a car with a msrp of $49,3xx.

That's a pretty ambitious goal for a brand new model that's in demand, especially when it's only been out a month. You may have to wait a bit for the initial rush to cool down to get that deal. I hope you get it.

 

[dadgonebroke]

If it wasn't for the darn $949.00 dealer fee- it'd almost be there!

 

[Kevin L]

If it wasn't for the darn $949.00 dealer fee- it'd almost be there!

Amen to that. I hate the dealer fee.

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[Falaris]

2021 G80 3.5T AWD Prestige Porto Red

23 miles on it.

Sticker: $69075
Tax VA: $2750.74
License/Tags: $73.75
Dealer Service fee: $784
Acquisition: $750
TOTAL: 73,433.49

Lease Cash: $2250
Military: $500
Dealer Discount: $4000
TOTAL Discounts: 6,750

Total OTD: 66,683.49

Paid first month Lease payment and walked away with it. Plan to do a lease buyout ASAP and finance through my Credit Union.

May not be the best deal ever but for purchase early, and with the no longer available color, combined with the fact my 2018 GT2 Stinger lease was up, I am quite happy.

-Fal

 

[Trixie86]

2021 G80 3.5T AWD Prestige Porto Red

23 miles on it.

Sticker: $69075
Tax VA: $2750.74
License/Tags: $73.75
Dealer Service fee: $784
Acquisition: $750
TOTAL: 73,433.49

Lease Cash: $2250
Military: $500
Dealer Discount: $4000
TOTAL Discounts: 6,750

Total OTD: 66,683.49

Paid first month Lease payment and walked away with it. Plan to do a lease buyout ASAP and finance through my Credit Union.

May not be the best deal ever but for purchase early, and with the no longer available color, combined with the fact my 2018 GT2 Stinger lease was up, I am quite happy.

-Fal

Waiting on the red one to buy. Never leased before. Is there a minimum amount of time you have to wait to buy? What is your payoff price? May do the same if I can get it.

 

[Falaris]

There is no waiting period once it comes up on the Genesis Finance website. Here is a copy of my buyout screen.

-Fal

 

[Trixie86]

Interesting, $450 buyout fee? Btw, red is tough to find!

 

[Falaris]

Interesting, $450 buyout fee? Btw, red is tough to find!

I think it is a $400 fee for turn in or buyout etc. There are 3 more Porto Red's at the dealer where I purchased mine. It is quite nice looking and so is the green.

New Porto Red Genesis G80 for Sale in Alexandria, VA - Genesis of Alexandria

-Fal

 

[Trixie86]

I think it is a $400 fee for turn in or buyout etc. There are 3 more Porto Red's at the dealer where I purchased mine. It is quite nice looking and so is the green.

New Porto Red Genesis G80 for Sale in Alexandria, VA - Genesis of Alexandria

-Fal

Thanks, I'm not seeing the lease cash by me. In fact, I don't see it in VA either.

 

[Trixie86]

Thanks, I'm not seeing the lease cash by me. In fact, I don't see it in VA either.

Found it, let's see what dealer does. Thanks again for info.

 

[Genesis2021*]

Nice to see the MSRP logjam is breaking. On Long Island my closest dealer doesn’t have one G80- even for test drives. 10 miles away , they have 9. My current lease is over in March. Hopefully by then the dealers will be flush and it will be a buyers market.

 

[Kevin L]

Nice to see the MSRP logjam is breaking. On Long Island my closest dealer doesn’t have one G80- even for test drives. 10 miles away , they have 9. My current lease is over in March. Hopefully by then the dealers will be flush and it will be a buyers market.

You should be good in March. You can always extend the lease up to six months.

 

[Trixie86]

My dealer says there is no Retail Balloon Cash, just Special Lease Cash, but it is advertised on several car sites. $2250 would be a deal maker.