Hyundai may start raising prices soon for tariffs…may want to take what can get now.
Debating whether to fall for the “tariff panic”. Not saying it’s real or not real, just don’t know how much I should let it dictate running down there tomorrow to finalize
Is that to say this isn’t “good”? Or just if it’s even relatively fair, jump on it
I don’t know anything about H/G…did you click on magnifying glass above and search for GV70…appears to be some stuff there…make sure you can use calc and come up with own target payment.
Yup. Sent calc above on what I have from dealer currently.
Hardest thing is there isn’t a ton out there on Genesis, especially in NY. Couple of broker deals but still far and in few to really build up knowledge
How do you benefit from an unhacked lease?
You’ll spend $24k+ on this lease, return it, probably with no equity, probably spend $25+ on the next one if it’s a similar car, and return it, again with likely no equity.
Which part of spending ~50k and having no equity makes sense to you?
Looks like there are some Cali GV70 broker deals in there…if you like that deal try to replicate where you are with an offer to the dealer of X payment for X months with X DAS…or take the best deal you have now and increase the discount and come up with a new target offer that way…make sure it is lower than what you would actually settle for.
I’m still trying to glean why equity would be such a big deal if it nets out to be even (at worse) and I don’t plan on owning the car at the end. Again, trying to info dump as much as I can and I’m willing to learn but a snappy comment isn’t gonna help, just being fair.
As far as Genesis being damn near unhackable, that would be a different story. From what I’ve seen though I thought/felt this was aggressive but doable. If that’s not the case, I’ll have to better understand why
The two I’ve seen in Cali there both are similarly $630 + tax monthly with $3k drive off at 36/7500. quick maths tells me 36/10k at $550/month, NY taxes + fees at drive-off is to me a more aggressive target than those. Very open to learning if that’s wrong though. Still new to this all.
If it is wrong just want to try and understand why
The way I see it, either pick an already proven hackable car to lease or, if the GV70 is the only car you’re willing to drive, then buy it and own it for 4-5 years. You’ll have a ton of equity if it’s smartly bought and financed, which will help you get an even nicer car next time assuming income is same or higher.
The alternative (either leasing or owning the GV70 for 3 years) translates to “I chose an unhacked car because I loved it so much … but then I couldn’t wait to dump it and left a lot of money on the table and I also couldn’t move up to even nicer cars without spending more.”
This is neither a snappy comment nor a rhetorical question—if you’d rather not answer it, just say so, that’s fine.
1 Like
You’re right and I apologize. It’s a mistake to judge tone over text on the interwebs lol.
I think the second part of your reply makes more sense to me now. Notably the leaving money on the table part. I don’t think on its surface it’s a bad deal from the research I did, but I get the part about 3 years from now dumping it and being stuck with not a major loss, but nothing to show for it either.
As far as financing it and buying it, that opens a whole new can of worms for me. Would I have to structure it completely different then in order to gain more of that equity?
No, the goals are still the same except it’s easier.
A. Maximize your discount.
B. Stack as many rebates as you’re eligible for.
C. Get the lowest APR (can use outside lenders too, unlike typical leases).
After that, accumulating equity is just a matter of committing to own past the breakeven point where balance owed = value of the asset.
I’ve been looking at this car and I personally think the 10.9% discount is great. If you like the car , those are the best numbers I’ve seen on this trim
Im looking for one as well if anyone can help me I’d appreciate it. It’s been a long time since I’ve leased a new vehicle can’t find anything better than 2026 3.5T GV70 Prestige $990 per month, with a $2500 down payment, 12k miles, and a 36-month loan.
Scroll up and read the entire thread
Interesting so you’re saying leasing is pointless for these vehicles? Or rather better to finance and own it a few more years in hopes to have equity?
I think the 25 Advance trim has better programs this month, but it will still be quite expensive.
1 Like
Scroll up and read the thread
Still not great
That’s what I said