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> Genesis Pricing And Leasing Question, Poll of Owners for the deal they got
stjohnson
post Aug 31 2008, 12:00 AM
Post #1


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Group: Members
Posts: 2
Joined: 30-August 08
Member No.: 50,578
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Location: Texas
Drives: genesis possibly



Hello all,

I've been reading this forum for about a week and it has convinced me to go out and test drive a Genesis. I was very impressed with the drive. My present lease is up and fortunately for me I get to shop for cars on the last month of the quarter. I find myself inextricably attracted to the Tech package models.

So my question to current owners (especially those in/around Texas, and Ideally those with the Tech package) is what price have you been able to negotiate to before TTL? (obviously on the V6) I'm expecting to be able to push to right around invoice of 37.

Also, since when leasing the primary concern is residual not primarily topline cost, what residual have you guys/gals been agreeing to after your term (24/36/39 months)?

Have they been giving good money factors on the Genesis? I'm expecting something with at least .0008 or better, but just curious what your dealers have been pushing.

Thanks for any insight. I'm looking to take advantage of the herd's knowledge to try and negotiate the best deal possible. I like to have my ducks in a row before even thinking about talking to a sales associate.
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HyundaiLvr87
post Aug 31 2008, 11:11 AM
Post #2


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Group: Members
Posts: 590
Joined: 16-July 06
Member No.: 19,942
Status: Offline
Location: Philadelphia
Drives: Mine-08 Slate Blue Santa Fe SE FWD, Dad-07 Quicksilver Elantra GLS with preferred package, Mom-03 Noble White Sonata GLS V6



I can't answer any of your questions but I was just curious what kind of car you are turning in and what color Genesis you are looking at.

You can't go wrong with a Genesis. To give you some idea of pricing, the dealership I work for is marking Genesis up $1,500! which is insane. We had 5, dealer traded a black one with tech package and we just sold our first 2 this week. One was a red one with tech package and the other was a silver one.

Good luck on your search and keep us updated!

This post has been edited by HyundaiLvr87: Aug 31 2008, 11:11 AM
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stjohnson
post Aug 31 2008, 11:35 AM
Post #3


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Group: Members
Posts: 2
Joined: 30-August 08
Member No.: 50,578
Status: Offline
Location: Texas
Drives: genesis possibly



I'm turning in a platinum G35 Sedan (04) and really like the saphire blue Genesis. Although, you absolutely can't go wrong with the pearl black either. Both are really beautiful colors up close.

I'm finding from one post that residuals for 24 months are about 66%. That sounds OK, but I was hoping for the 69 to 72% mark.

Has anyone scored a good rate on a 24 or 36/39 month lease on the tech package? That's my primary concern. I definitely won't pay the dealer a premium, but I will walk up to them with a good price for the car they can take or leave. The question is still, what should that price be. I'm thinking 37650.

But I'll keep you posted if I hear anything. Please if you have personal experience, please share. We should always try to be as educated as possible when going into the shark-tank of new car salesmen!
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