2015 Better, when 2014 are selling so cheap?

[GenesisCaptain]

At least the catastrophic downward spiral of resale value has been factored into the price... 2010 Audi A4, BMW 3 series and Mercedes C class are bringing higher prices on the used market than similar year used Genesis and they are supposed to be a class below it.

I think this may be the other way around. A modestly appointed A4/328/C400 would have sold for a lot more money than its 1st gen Genesis counterpart. So, while they may be a little more used, it is not that much more. So, the small Euro cars appear to have been killed by depreciation. Don't think about depreciation against MSRP-- base it on what people likely paid.

Say you got a discounted 2010 4.6 for around $40K, and it is selling 4 years later for around $20K. That is pretty stinking good.

 

[Gunkk]

Msitter: Not sure where you're getting your numbers, but your local market might be skewed. A 2010 A4 premium sells for mid teens to low 20s around here. About the same as a 2010 v8 Genny. National average depreciation at 3 yrs is within a couple percent, per a recent thread posted on these boards.

 

[ferrethouse]

Unless all of the electronic doodads are worth the extra $10-$15k, the discounted 2013-2014 makes much better sense.

You don't think a vastly superior ride quality factors into the equation?

 

[NTX]

You don't think a vastly superior ride quality factors into the equation?

Not to mention improved build quality and a perfect score from the IIHS on the new Small Overlap test...

 

[Mark_888]

You don't think a vastly superior ride quality factors into the equation?

Of course it factors into the equation. But it ultimately depends on how much money each person is willing (or able) to spend on a car.

It is easy to see that the MB S550 is a superior car to the Genesis 5.0 Ultimate, but not everyone is willing to spend the money to buy a MB S550 (usually more than $100K when configured). Same applies to the difference in features/price of the 2014/2015 Genesis. It is perfectly legitimate to say it worth the extra money for one person, but not worth it for someone else.

 

[Ernie3647]

Unless all of the electronic doodads are worth the extra $10-$15k, the discounted 2013-2014 makes much better sense. .

First let me say that I really liked my 2011 with Tech. It was one of the best cars I’ve had.
With only 36.000 miles It was with great regret that I traded it in but it was clear to me that the new Genesis promised to correct some of short comings of mine.
Those electronic doodads should really be at the heart of this comparison. That is where some of the most significant updates have been implemented into the new car. Of course the there are the other things like the ride, handling and comfort but the safety features are really significant. The safety awards garnished on the 2015 attest to that. I can tell you from driving this car the systems work just as claimed. The Auto Braking, Lane Warning, Lane Keep, Rear Cross Traffic Alert have proven their worth for me. Yeah those doodads work really well. If money is paramount in your decision then obviously one of the later models will serve you well. They are very good cars. If one of the reasons I stated for the 2015 is more important to you.... well there you have it. Yes the updated safety systems are worth the difference for me. What price do you place on safety?

 

[Mark_888]

What price do you place on safety?

I don't know what the price of safety is, but there is a price for each person, and likely not the same price.

If price was no object, I am sure there is a car that is safer than the Genesis, but costs a lot more (or is a lot heavier/stronger, but uses more gas). Also, money not spent on car safety gadgets might be spent on other safety expenses, such as home security system, etc. Obviously, this assumes that not everyone has unlimited funds to buy everything they would like to have if money were no object.

The National Highway Traffic Safety Administration (a regulatory agency of the US government) regularly takes cost into account as to whether or not to mandate certain safety features on cars.

 

[Ernie3647]

I don't know what the price of safety is, but there is a price for each person, and likely not the same price.

Priority and budget allowing.

If price was no object, I am sure there is a car that is safer than the Genesis, but costs a lot more (or is a lot heavier/stronger, but uses more gas).

http://www.autoguide.com/auto-news/2014/05/2015-hyundai-genesis-awarded-iihs-top-safety-pick.html

APCs haven’t been tested yet.

Also, money not spent on car safety gadgets might be spent on other safety expenses, such as home security system, etc. Obviously, this assumes that not everyone has unlimited funds to buy everything they would like to have if money were no object.

We’re talking cars if that’s a viable concern then adjust accordingly.

The National Highway Traffic Safety Administration (a regulatory agency of the US government) regularly takes cost into account as to whether or not to mandate certain safety features on cars.

I’m sure at one time airbags, ABS and other fundamental systems we take for granted now were optional or not mandated.

 

[Mark_888]

I’m sure at one time airbags, ABS and other fundamental systems we take for granted now were optional or not mandated.

That was do to available technology, not cost.

Right now, the both the government and consumers take cost/benefit into account when making decisions about safety. For example, if there were features that cost $5,000 per car, but only reduced accidents by a very small number, then it would not be considered to be cost effective by government regulators or by consumers.

As I mentioned, there may be better ways to spend the $5,000 to make lives safer, some of which have nothing to do with driving a car. Also, if safety is the only criteria, then speed limits would be drastically reduced and the Genesis would have a 4 cylinder engine.

 

[ferrethouse]

Of course it factors into the equation. But it ultimately depends on how much money each person is willing (or able) to spend on a car.

It is easy to see that the MB S550 is a superior car to the Genesis 5.0 Ultimate, but not everyone is willing to spend the money to buy a MB S550 (usually more than $100K when configured). Same applies to the difference in features/price of the 2014/2015 Genesis. It is perfectly legitimate to say it worth the extra money for one person, but not worth it for someone else.

His statement was...

Unless all of the electronic doodads are worth the extra $10-$15k

I was simply pointing out that you are getting MUCH more than "electronic doodads" with the 2015.

It is perfectly legitimate to say it worth the extra money for one person, but not worth it for someone else.

Never said it wasn't.

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[jimb100]

For what its worth, I was on the fence about 2014 vs 2015. Saturday I looked at a new 14 at a local dealer and my wife and I were both surprised at how much nicer the 15 is.

Styling, features, ride quality, fit and finish, material quality, the 15 is a real step up from the Gen 1 cars.

If you simply don't have the money to buy a 2015 but can afford a 2014 you can convince yourself the value proposition says buy the 2014 but there's no doubt the 2015 is a much better car in every facet. Is it $10k better? I think it is and I also believe the 2015 will hold its value better than the 14.

I would guess that 5 years from now a 2015 will be worth $5-10k more than the 2014 thus returning most, if not all of the current price difference.

Now I just need to find the right combination of colors and equipment on a 2015 and I'll buy.

 

[Alwaysforward]

Now I just need to find the right combination of colors and equipment on a 2015 and I'll buy.

I have found this to be very time consuming. Luckily I had time to decide. You will find out when you see the various colors that each one on it's own looks amazing and has something different to offer. It is hard to explain but must see them all in person to understand. Have fun checking them all out and be sure to post up some pics on which one you end up with. I am hopefully pulling the trigger this weekend on one providing my dealer can find the color combos we have chosen.


Order of preference of 5.0 Ultimate’s we narrowed it down to:
• Montecito Blue/Beige Interior
• Montecito Blue / Gray Interior
• Parisian Gray / Black Interior
• Montecito Blue / Ivory Interior
• Empire State Gray / Black Interior

Also haven't completely ruled out the Caspian Black as every time I check out Chucks picks of his on here, I find myself drooling.

 

[ckon]

Also haven't completely ruled out the Caspian Black as every time I check out Chucks picks of his on here, I find myself drooling.

You should see it in the flesh! Seriously, it is fascinating how they all look so different when viewed live instead of a brochure.

 

[TexasJim]

The silver is a good example. I had little interest in that color until I saw one in a parking lot last week. It was stunning.

 

[Alwaysforward]

The silver is a good example. I had little interest in that color until I saw one in a parking lot last week. It was stunning.

You had to mention that. I have been ignoring that color because I have been driving a silver Honda Civic SI for the past 12 years and wanted something different

ckon I have seen it in person both inside the showroom and outside. Your pics make it look even better if that is at all possible

 

[jimb100]

I have found this to be very time consuming. Luckily I had time to decide. You will find out when you see the various colors that each one on it's own looks amazing and has something different to offer. It is hard to explain but must see them all in person to understand. Have fun checking them all out and be sure to post up some pics on which one you end up with. I am hopefully pulling the trigger this weekend on one providing my dealer can find the color combos we have chosen.


Order of preference of 5.0 Ultimate’s we narrowed it down to:
• Montecito Blue/Beige Interior
• Montecito Blue / Gray Interior
• Parisian Gray / Black Interior
• Montecito Blue / Ivory Interior
• Empire State Gray / Black Interior

Also haven't completely ruled out the Caspian Black as every time I check out Chucks picks of his on here, I find myself drooling.

I'm having a difficult time with colors as my wife doesn't want black, interior or exterior.

 

[ckon]

Your pics make it look even better if that is at all possible

Thanx! It must be the tint.

 

[Ernie3647]

I'm having a difficult time with colors as my wife doesn't want black, interior or exterior.

I have felt your grief. Like I said in a prior post I like just about all of them. They are each unique according to lighting conditions. My wife was of a different opinion. It was a tedious selection process.

 

[Mark_888]

I'm having a difficult time with colors as my wife doesn't want black, interior or exterior.

Ask the dealer if they will take you wife as a trade-in along with your old car.

 

[ckon]

I'm having a difficult time with colors as my wife doesn't want black, interior or exterior.

Not that it makes a lot of difference, but the "black" interior in the Gennys looks like a charcoal gray to me. Still dark, but definitely not a true black.