what is the lease rate (money factor)?

[nextcar]

I'm pretty sure I'll be buying the genesis, but if the lease rate is really good, i might lease.

Does anyone know what the interest rate or money factor is when leased thru hyundai?

 

[gadgetboyatl]

I think it is .00275, not great, but not the worst either. The finance manager should be able to tell you for sure.

 

[nextcar]

I think it is .00275, not great, but not the worst either. The finance manager should be able to tell you for sure.

that's terrible!
MF of 0.00275 equals 6.6% APR
APR=MF * 2400


did you lease it?
what was the residual value? was it for 12k miles/yr?

 

[Teasip]

Check "http://www.ridewithg.com/" website or Edmunds Lease forum for current MF rates and residuals.

 

[joe215]

Your lease rate depends on your credit rating. Just like in a traditional financed purchase. You can find the lowest lease rate available from HMF on the Hyundai website under "special offers". You need to input your zip and model. Rates also vary across the country and by the term of the lease.

For example, in Dallas you can currently get a 0.9% lease rate for 36 months on a 2012 Genesis if you qualify for the lowest rate.

My current 2009 Genesis is leased via HMF at 0.6%.

 

[nextcar]

Check "http://www.ridewithg.com/" website or Edmunds Lease forum for current MF rates and residuals.

great info at the site. thanks.
money factor isn't very low, which means hyundai is not having much problem selling the genesis.

 

[nextcar]

Your lease rate depends on your credit rating. Just like in a traditional financed purchase. You can find the lowest lease rate available from HMF on the Hyundai website under "special offers". You need to input your zip and model. Rates also vary across the country and by the term of the lease.

For example, in Dallas you can currently get a 0.9% lease rate for 36 months on a 2012 Genesis if you qualify for the lowest rate.

My current 2009 Genesis is leased via HMF at 0.6%.

i know hyundai offers 0.9% APR on financing the car for 36 months for the 2012 genesis, but this is not the rate for leasing.