Used GV60 purchase: Waiting for 50% off MSRP

[Grayson]

How many miles have you put on your car to get that 1% degradation?

That was at 9561 miles

 

[steveinarizona]

I'd be way more fearful of the battery condition and lifespan when buying say even an EV that has 35,000 miles on it. The end of life for that battery could be very near. As opposed to an ICE vehicle, people don't think twice about mid to higher mileage cars. Many ICE cars these days could got well over 100K miles with next to no worries. Not the case with an EV.

The car comes with a transferrable battery pack warranty:

WARRANTY TRANSFERABILITY SECTION 5 The New Vehicle Limited, Anti-Perforation Limited, Emissions Performance, Emissions Design and Defect, Emissions Control Systems, and Replacement Parts and Accessories Limited warranty coverages described in this handbook apply to the vehicle regardless of a change in ownership, and are transferable to subsequent owners. The 10-year/100,000 mile Powertrain Limited Warranty is not transferable and applies only to the original owner, as defined under “Original Owner” included in the Powertrain Limited Warranty (Original Owner) section of this Owner's Handbook.

So unless the second buyer is planning to keep the car for a very long time with lots of mileage, it should not be a concern.

 

[oilerlord]

The car comes with a transferrable battery pack warranty:

WARRANTY TRANSFERABILITY SECTION 5 The New Vehicle Limited, Anti-Perforation Limited, Emissions Performance, Emissions Design and Defect, Emissions Control Systems, and Replacement Parts and Accessories Limited warranty coverages described in this handbook apply to the vehicle regardless of a change in ownership, and are transferable to subsequent owners. The 10-year/100,000 mile Powertrain Limited Warranty is not transferable and applies only to the original owner, as defined under “Original Owner” included in the Powertrain Limited Warranty (Original Owner) section of this Owner's Handbook.

So unless the second buyer is planning to keep the car for a very long time with lots of mileage, it should not be a concern.

From the calls I've made to a Genesis dealers on used GV60's - the 2nd owner receives a 5-year / 60K mile warranty on the battery pack. However I've also read conflicting information (as you posted) that the original 10-year / 100,000 mile *does not* transfer the the 2nd owner. To further the confusion, a Certified Pre-Owned warranty apparently preserves the original powertrain warranty.

What Is Genesis Certified Pre-Owned? | Capital One Auto Navigator

Extra protections and services for recently used luxury sedans from the Korean brand.

www.capitalone.com

It would be great if Genesis made this clear on their website without having to research this.

 

[The Genesis Genie]

Genesis CPOs give you:

6 Yr, 75k comprehensive warranty ( bumper to bumper)
10 Yr, 100k Powertrain
3 years of connected services

 

[oilerlord]

Genesis CPOs give you:

6 Yr, 75k comprehensive warranty ( bumper to bumper)
10 Yr, 100k Powertrain
3 years of connected services

However, the 2nd owner (if not CPO) gets the reduced 5-years / 60K miles on the battery pack, is that correct?

Quoting verbatim from Genesis: "The 10-year/100,000 mile Powertrain Limited Warranty is not transferable and applies only to the original owner, as defined under “Original Owner” included in the Powertrain Limited Warranty (Original Owner) section of this Owner's Handbook."

^This is what's confusing to me. Is the battery part of the comprehensive, or powertrain warranty? As written ,it implies the 2nd owner does not receive the original powertrain warranty but dealers assure me that the 2nd owner do a receive a reduced warranty.

 

[oilerlord]

Found it.

Warranty details aren't listed in the Owner's manual, they are in the "Owner's warranty information handbook"

https://owners.genesis.com/genesis/us/mygenesis/manuals/factory-warranty/2023/2023-Owners-Handbook-and-Warranty-Information-GIA.pdf

It's still a lot to take in, so much for making things simple.

 

[steveinarizona]

However, the 2nd owner (if not CPO) gets the reduced 5-years / 60K miles on the battery pack, is that correct?

Quoting verbatim from Genesis: "The 10-year/100,000 mile Powertrain Limited Warranty is not transferable and applies only to the original owner, as defined under “Original Owner” included in the Powertrain Limited Warranty (Original Owner) section of this Owner's Handbook."

^This is what's confusing to me. Is the battery part of the comprehensive, or powertrain warranty? As written ,it implies the 2nd owner does not receive the original powertrain warranty but dealers assure me that the 2nd owner do a receive a reduced warranty.

Keep reading (actually prereading if that is a thing):

WARRANTY TRANSFERABILITY
The New Vehicle Limited, Anti-Perforation Limited, Emissions Performance, Emissions Design and
Defect, Emissions Control Systems, and Replacement Parts and Accessories Limited warranty coverages
described in this handbook apply to the vehicle regardless of a change in ownership, and are transferable
to subsequent owners.
The 10-year/100,000 mile Powertrain Limited Warranty is not transferable and applies only to the
original owner, as defined under “Original Owner” included in the Powertrain Limited Warranty (Original
Owner) section of this Owner's Handbook.

Section 6 of the warranty booklet defines powertrain and that definition does not include the battery pack which has a separate section of the booklet (section 7).

Of course, a subsequent owner might have difficulty contesting a claim that warranty conditions precedent were not satisfied by the previous owner.