My Take: The Genesis Sedan V6 is probably the better lease compared to the V8 model. There is supposed to be a $1000 cash incentive floating around so please take that into account during your negotiations. There is also a $500 rebate for those who are in the military. The lease, at invoice, is still a bit more expensive than I prefer (due to the 27-month term, you have less months to spread the depreciation across). However, I feel that there’s a decent amount of room for negotiation here, so dipping below invoice is certainly possible. You probably want to stay away from the V8 model since the residual drops another 3% and the car is pricier. If you choose to lower your mileage to 12k per year to save some money, keep in mind that it only increases the residual by 1%.
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|At Invoice||At MSRP|
|2009 Hyundai Genesis V6||$30,993||$33,000||N/A||$470*||N/A||$545*|
|2009 Hyundai Genesis V8||$35,271||$38,000||N/A||$568*||N/A||$670*|
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
2009 Hyundai Genesis February Lease Rates
2009 Hyundai Genesis V6
27-month | 15k miles | residual 56% | .00015 base money factor
2009 Hyundai Genesis V8
27-month | 15k miles | residual 53% | .00015 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!