I’m not following the down payment and drive-off. I get that 3219 is DAS and 3k post sale rebate brings you to 219, what’s the other 2000 “down payment”?
Mostly skin off someone else’s back. I’m hearing these aren’t selling super well and for returning lessors they are taking a big haircut without manufacturer incentives.
I’d want to see numbers with $0 DAS and I suspect you can do better.
Is there actually a post-sale rebate or do you have an incentive/rebate in the wrong area on the calculator. Post-sale rebates are not particularly common, other than state tax incentives on EVs
An effective $608+tax on a $53k car. I wouldn’t classify that as good. It’s not horrible for a Genesis.
Having looked at the Genesis I don’t see anything that would justify that kind of monthly payment. Definitely much better values for the payment.
Still not following. 2k is an incentive from Genesis for returning lease customers or it’s money you have to put down for this lease?
Ehh splitting hairs but no. If the post sale rebate comes back 30 days after delivery and car is totaled on day 31, you lost your $3219 out of pocket. If you pay $0 at signing and take the rebate, same scenario you are out 2 slightly higher payments and keep the rebate.
$2K is the down to reduce cap cost. Cap cost is $45,450.
$3K is the total rebate for loyalty and other rebates. There is no option from Genesis to take the rebate as cash.
Even at $552 I don’t think it’s a good deal for the G80. Frankly - it sounds like no matter what anyone says you want to do the deal. If you want it just get it.
I’m not really looking at other manufacturers or models. I’d like to hear from anyone that has actual information on G80 leasing.
It’s a matter of personal preference as far as the G80. I looked at BMW an Audi. The list of options and packages for both is ridiculously long. Trying to find one with the feature set I want is like trying to find a needle in a haystack. Yes, there are huge discounts on those brands. Even with Audi’s $11,000 off an A6, the low residual and high money factor generate lease payments close to $800/mo. For $300/mo less and free maintenance I’ll stay with the G80.
Then what exactly is your question? You asked for thoughts or suggestions and that is exactly what you got. As I said previously just do it if you want it. I don’t think you are going to get some kind of reassurance that you’re getting a great deal but that seems to be what you’re looking for.
Do you actually know anything about G80 leases? Seems like you basically threw out some general stuff that works on BMW’s that charge extra for heated seats on a 70k car