Whats the G70 pricing already !!

[canucklehead604]

^ bingo. lots of risk for potential buyers. it doesn't matter how great the actual cars may be - and i'm sure they are great. the issue is perception and fear of the unknown. will Genesis be around in 5 years, 10 years, etc? like any new venture, the early days include a lot of investment in the future. for Genesis, aside from R&D costs and other start-up costs, part of the investment will be very sharp pricing to get their vehicles on the road.

 

[dougjp]

^ bingo. lots of risk for potential buyers. it doesn't matter how great the actual cars may be - and i'm sure they are great. the issue is perception and fear of the unknown. will Genesis be around in 5 years, 10 years, etc? like any new venture, the early days include a lot of investment in the future. for Genesis, aside from R&D costs and other start-up costs, part of the investment will be very sharp pricing to get their vehicles on the road.

Agree. Might be OK on a lease basis where Genesis keeps skin in the game with ownership and lease end numbers, but cash buyers perhaps not. Genesis "made their bed and have to lie in it" in terms of taking away Genesis from local Hyundai dealers and starting out alone, thin on the ground in terms of locations and numbers of staff. What does a time and motion and cost study on the service at home commitment say, not to mention responding to someone's request to bring a car out to wherever to test drive. As I see it, its a catch 22. If the demand isn't there, no problem. If the demand is there, will service meet expectations. 2-3 hours all in (ie; office prep time, take loaner out, drive time to, wait for customer to be free, talk, take car somewhere for service, back to office, paperwork, repeat whole process when done). One customer.

 

[devellis]

Bottom line is, the world really doesn't need the G70. So, Genesis has to make the world (or at least a slice of it) want the G70. It's taken the first step by putting together a good package. The second step will be marketing the car. I'm confident that they'll throw money at advertisers to get images of the G70 out there. If they get those two steps right (and the first one seems already to be in the bag), they can generate some interest. The third step is making it easy to find the car. That's where the thin dealer network may pose a problem. Interest that is difficult to translate into action is a dead end. And especially in this segment, people aren't going to work hard to find a car they're not that familiar with when alternatives are more readily available and have an established reputation. And the final step is aggressive pricing. For customers to want this car enough to actually make the purchase, I think the G70 will have to represent an excellent value. If it does, then all the effort to design and build a new car and to market it aggressively has a chance to pay off. If it's priced really well (not okay, but really well) people will be willing to overlook the fact that they may have to drive a few hours to actually lay eyes on a dealership. Getting Step 4 right can mitigate the blunder of getting Step 3 so wrong by churning up a kerfuffle with dealers and making it so hard for consumers to connect with a Genesis sales force. And getting Step 4 right will allow Genesis to realize some return on their investment in getting Step 1 right and, hopefully, getting Step 2 right.

And a suggestion for Step 2: We've spoken at length here about the fact that the tight back seat will put off some traditional luxury car buyers and have noted that people who want a LUXURY Sedan with a good dose of sportiness may prefer the G80. The G70 will appeal more to people who want a SPORT Sedan with a good dose of luxury, if you get my drift. I think Genesis would be wise to market the car to those buyers. And frankly, the car-trying-to-go-sideways videos that Stinger, Mercedes, and others are airing don't communicate great performance to me as much as they suggest out-of-balance driving dynamics. People who actually understand what a capable sport sedan should do would prefer to see the car holding its stance in corners than being on the verge of wiping out if the driver blinks an eyelid too vigorously. Show the car on a twisty mountain road, not on a track (who's actually going to buy the car and take it to a track?). Show it dodging something that unexpectedly appears in the road (falling from a truck in front of it?) at high speed without losing its composure. Show it blasting onto a highway from a standing stop at the end of an entrance ramp, getting up to highway speed quickly and easily. Show it making a well-controlled panic stop. In short, show its capacity to accelerate, maneuver, and stop with grace and alacrity. Those are the things that will appeal to potential buyers. Going 167 MPH on a track may inspire those inclined toward fantasy but people who are actually looking for a capable car will be more impressed with a car that they can see performing with ease in challenging situations that they will actually encounter -- perhaps even seek out. The point of having a car that will do 167 or accelerate from 0-60 in under 5 seconds isn't so much to do those particular things. Those capabilities are proxies for the ability to do other things, like pull onto a highway in the blink of an eye or overtake another car at high speed with little effort. Think of how people who own serious sport sedans use their cars as sources of enjoyment. Depict the G70's capacity to do those things. If a racetrack has to be in the equation, have someone get out of an actual race car and leave the track in a G70. This isn't a car for the track but for people who appreciate motor sports who want a great car for the road. Present it as doing very well what it's actually intended to do and leave the driving fantasies behind. The real potential buyers will appreciate the difference. I know I would.

 

[volnedan]

Just went on Genesismotors.ca to build the G70 2.0T Sport 6MT, and damn that is a steal at $45,500 CAD!!!!!! If it were direct conversion to USD at today's rate of 1 CAD = 0.79 USD, that puts the US version of 2.0T Sport 6MT at $35,990 USD! Sign me up and take my money. The amount of included features is mind blowing, even at $45k USD:

2019 Genesis G70 2.0T Sport RWD
$45,500.00 CAD

Key Features

2.0L turbocharged inline 4-cylinder engine
Rear-Wheel Drive (RWD)
6-speed manual gearbox with leather-wrapped shift knob
Sport Appearance Package*
Limited Slip Differential (LSD)
Brembo® braking system
LED headlights
Head-Up Display (HUD)
Driver's Integrated Memory System (IMS)
Power-folding, auto-dimming, heated side mirrors with Genesis logo puddle lamps
Rain-sensing wipers
Rear parking assistance sensors
15-speaker Lexicon surround sound audio system
*Sport Appearance Package includes:
Sport 19" aluminum alloy wheels with 225/40R19 (F) + P255/35R19 (R) Michelin Pilot Sport PS4 high-performance summer tires
Dark chrome exterior accents and lower front bumper insert
Dark-finish taillight lenses
Black headlight housings with copper accents
Sport-type quilted Nappa leather seating
Red or grey interior contrast stitching
16-way power-adjustable driver's seat, including thigh extension and side bolsters
Black suede headliner
Alloy pedals
2.0T Sport only: Sport exhaust system

 

[canucklehead604]

^ yeah, but often the US and CAD car specs do not match. typically CAD spec offers fewer trim levels since we buy fewer cars so the brand only offers 3-4 CAD-spec trims, whereas the US trims come in 5-6 varieties. not sure if that is the case here or not...time will tell. perhaps this is to justify the higher price premium that CAD usually pays? Genesis may take a different approach which would be great for us up north. there's no way i see a 6MT Sport G70 coming in at $36k USD, but the US car may have more features to offset the disparity. i would happily pay an extra $500-$1000 to be able to get ventilated seats & heated steering wheel & in-dash navi in the 6MT Sport trim. curious to see what contect US spec cars have.

this may be one isolated instance where CAD has an advantage. almost never the case. we usually get stuck with trims or packages that come in thousands of dollars higher then the equivalent US spec car, even taking exchange into account.

so far i have found it difficult to compare specs between trims the way most manufactures provide, where you can see a spec sheet and a trim listing with dots/checks for what is included on each trim. i saw a brochure that came close, but it did not appear to be North-American spec. the website has trim-specific listings but that mainly focuses on highlights, not details.

 

[GV70GUY]

Just went on Genesismotors.ca to build the G70 2.0T Sport 6MT, and damn that is a steal at $45,500 CAD!!!!!! If it were direct conversion to USD at today's rate of 1 CAD = 0.79 USD, that puts the US version of 2.0T Sport 6MT at $35,990 USD! Sign me up and take my money. The amount of included features is mind blowing, even at $45k USD:

2019 Genesis G70 2.0T Sport RWD
$45,500.00 CAD

Key Features

2.0L turbocharged inline 4-cylinder engine
Rear-Wheel Drive (RWD)
6-speed manual gearbox with leather-wrapped shift knob
Sport Appearance Package*
Limited Slip Differential (LSD)
Brembo® braking system
LED headlights
Head-Up Display (HUD)
Driver's Integrated Memory System (IMS)
Power-folding, auto-dimming, heated side mirrors with Genesis logo puddle lamps
Rain-sensing wipers
Rear parking assistance sensors
15-speaker Lexicon surround sound audio system
*Sport Appearance Package includes:
Sport 19" aluminum alloy wheels with 225/40R19 (F) + P255/35R19 (R) Michelin Pilot Sport PS4 high-performance summer tires
Dark chrome exterior accents and lower front bumper insert
Dark-finish taillight lenses
Black headlight housings with copper accents
Sport-type quilted Nappa leather seating
Red or grey interior contrast stitching
16-way power-adjustable driver's seat, including thigh extension and side bolsters
Black suede headliner
Alloy pedals
2.0T Sport only: Sport exhaust system

One thing that this lacks that I know my short wife wouldn't like is the non-powered passenger seat, especially to go up.

 

[volnedan]

Are you sure the passenger seat isn't powered? Most passenger seats don't go up/down, and I know that Hyundai/Kia have low front passenger seats. My 2016 Genesis sedan was pretty low, and my wife is maybe 5'1" and could barely see over the dash.

Either way, they need to price this thing soon so I can gauge my next car purchase. Looking to dump my '13 335i xdrive 6MT, which is getting more expensive to fix by the day. The 2.0T Sport 6MT is looking like winner winner chicken dinner.

 

[GV70GUY]

That's what is strange I can't find one article that mentions the passenger seat only the powered drivers seat?

Ok well I finally found this: FR Power Seats (Driver+Passenger) not sure if it goes up and down but at least it is a powered seat.

 

[PD705]

Be careful estimating pricing based purely on CAD-USD FX - vehicle pricing doesn't work that way. The Canadian dollar varies widely and consumers won't accept major price shifts in the short-term, so the price gap can be misaligned with the current foreign exchange. USD pricing is not yet set so I couldn't say what the gap will be, but note that other cars in this segment (BMW, Mercedes, Audi) cost ~7-9% more in Canada than the U.S., not the 20+% the FX rate would imply.

 

[Beefer]

Be careful estimating pricing based purely on CAD-USD FX - vehicle pricing doesn't work that way. The Canadian dollar varies widely and consumers won't accept major price shifts in the short-term, so the price gap can be misaligned with the current foreign exchange. USD pricing is not yet set so I couldn't say what the gap will be, but note that other cars in this segment (BMW, Mercedes, Audi) cost ~7-9% more in Canada than the U.S., not the 20+% the FX rate would imply.

If you want to do an estimate...do a comparison between the G80 Sport in Canada and USA...take a percentage. Then apply that to the G70. Really...you don't need to involve the exchange rate at that point.

I consistently come up with ~$54,500k USD for the G70 all out.

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[MindMechanic]

Are you sure the passenger seat isn't powered? Most passenger seats don't go up/down, and I know that Hyundai/Kia have low front passenger seats. My 2016 Genesis sedan was pretty low, and my wife is maybe 5'1" and could barely see over the dash.

Either way, they need to price this thing soon so I can gauge my next car purchase. Looking to dump my '13 335i xdrive 6MT, which is getting more expensive to fix by the day. The 2.0T Sport 6MT is looking like winner winner chicken dinner.

Passenger seat is powered, up down, front backwards, recline

 

[canucklehead604]

^ is that across the board for all trims? I sure hope so. Power passenger seat should be standard in this segment.