italiabrain
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Hopefully these are new:
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Korean pricing is up and tops out at the equivalent of $65.5k. Here's hoping they're just continuing to gouge their home market using their huge market share at home and we keep enjoying models that are significantly cheaper without a big hit in features.
Anyone have KDM top price for the 2013 or 2014 MY?
Probably can't do that anymore as the Germans have been handing Hyundai their lunch when it comes to luxury sales (aside from the FTA, the Germans have been real aggressive about pricing) w/ sales of the Genesis and Equus seeing sharp declines.
The US is now by far the largest market for the Genesis.
But can't see the new R-Spec topping out at much more than $50k (even if that means Hyundai will have to leave out some pricey toys).
I think you can see the VAT in prices if you look closely. The prices listed in bold include a VAT add-on of 10%. I assume that replaces sales tax that would be charged in the USA.I agree on the final price conclusion for the US V8, I think low 50's will be the max to make their volume numbers.
There are other legit causes of the KDM pricing. For one, they have a VAT.
Hopefully these are new:
Very attractive, but still no sign of a stitched leather dash...which would be sorely missed by current Genesis owners.
Very attractive, but still no sign of a stitched leather dash...which would be sorely missed by current Genesis owners.
I think you can see the VAT in prices if you look closely. The prices listed in bold include a VAT add-on of 10%. I assume that replaces sales tax that would be charged in the USA.
Though I agree with you... all is forgiven if that is a REAL wood dash.
I'm really torn between the black and saddle - the only reason I'd lean with the black is because saddle has WAY too many colors going on - look at the headliner; why on Earth would they make it that color? I suppose I'm nitpicking... but I really like the interior of the '15 overall.
Of course... we'll be getting one with a lazy H on the steering wheel.
Right. With a VAT the tax is included in the price, with a sales tax it is added afterwards. So instead of 65k + 7% as you might think when first seeing that number, It would be 59k (pre-vat) + 7% of the net between trade and purchase. With a ~$20k trade that comes to a grand total of $61.7k including tax assuming perfect market parity and paying full retail price. I see that as the absolute worst-case scenario, though -- $59k top model sticker. That's just accounting for the VAT though...
Factor in a much more competitive mid/full size luxury market, Hyundai's significantly lower "status" in the US than at home, and likely equipment differences.
The other thing to consider is the Equus. If Hyundai really does push that close to $60k sticker they're going to have the Equus selling for the same or less than the top-model Genesis after incentives. While the new Genesis does subsume a lot of Equus features that's a free wheelbase stretch, leather upper dash, concierge services, and 3 yrs of maintenance off the top of my head. To me that's the epitome of a marketing nightmare.
As a side note the Equus tops out in the $140's in Korea IIRC.
from what I gather, r-spec = quad exhaust, and one of them is going to have F 245/R 275 tires.
I'm in, wife can pick the colors this time I guess.