Genesis / G70 questions

[dingyibvs]

Hi guys, first post here. I've been looking for a lightly used luxury mid-ish sized car for quite a while now, and previously I had been focused on the Lexus GS as reliability is my number one concern. However, tech and speed are quite important to me as well, and when I found out that Hyundai/Kia has made a lot of strides in reliability, I started looking at the Genesis more. My questions are such:

1) Can Hyundai dealerships CPO a Genesis it's selling? I don't see any CPOs out there, but can they do it, for a price of course, if asked? Hyundai/Kia had powertrain concerns in the past, and the 3.3T engine which is the engine I want is pretty new and has two turbos, so having the 10 yr/100k mile warranty would sell me a lot easier. If they could do it, what price should I expect?

2) Looking on the Genesis website, it seems the G70 Sport does not have a HUD, is that right? I love the quilted seats and I'd like the adaptive suspension, but the main reason I'd choose a Genesis over a Lexus would be tech, so I'd want all the typical goodies e.g. HUD, 360 camera, adaptive headlights, etc. The main reason I'm not looking at the Stinger is because in NA there is no 360 camera.

Thanks for any responses!

 

[Beefer]

1) Some dealerships are starting to do CPO. Need to call the dealer and inquire.

2) Yes it does have HUD...but at a certain trim level...I forgot. Use the configurator on the website...all info is there.

As for a deal...ironically I was playing around bored...and found a wicked deal. Check it out here...

Used Market

Took a peek around just for fun. Some really good deals out there. Not sure what transfers over to the new owner if it is sold privately or by a non-Genesis dealer. But...found my exact car. 3.3T AWD Sport...SI with gray stitching....only TWO HUNDRED miles on the sucker. Selling for $43k...

genesisowners.com

 

[Adam85]

The trims stack on each other so its base, elite, prestige then sport.
g70 sport trim includes HUD, so does the prestige trim.

 

[dingyibvs]

1) Some dealerships are starting to do CPO. Need to call the dealer and inquire.

2) Yes it does have HUD...but at a certain trim level...I forgot. Use the configurator on the website...all info is there.

As for a deal...ironically I was playing around bored...and found a wicked deal. Check it out here...

http://[URL][URL]https://genesisowners.com/genesis-forum/threads/used-market.27415/post-336290

[/URL][/URL]

Thanks, I'll check to see if my local Hyundai dealers can CPO one that I want.

The trims stack on each other so its base, elite, prestige then sport.
g70 sport trim includes HUD, so does the prestige trim.

Ah, OK, it wasn't clear on the Genesis website if it's stacked. Some listed features under each section is repeated (e.g. blind spot warning) and some obviously can't be stacked (e.g. the engine),

 

[TXcarguy]

There may be others that are more familiar but here is my feedback as a bmw owner looking at a G70:

1) The standard warranty is 5yr/60k is transferable to any next owner as well as the 10yr/100k powertrain. CPO’s are used by luxury brands to extend warranty and peace of mind to buyers as the price of out of warranty maintenance is obnoxiously high. The Genesis line to date has had pretty large depreciation on the G80/90 models. G70 is a whole new design but would anticipate it also not holding value well in first 3 years.

2) Sport package has all the goods... HUD included. If you wait a year you may find some good one year G70 models at a great price with a ton of warranty still on it, CPO or not.

 

[dingyibvs]

I believe the basic bumper to bumper warranty is transferable, but I don't think the powertrain warranty is transferable unless it's a CPO. As for holding value, I'm thinking the Genesis might be a particularly good value as a lightly used car. It's already priced extremely competitively when new, and recent objective data shows that Hyundai has already caught up to Honda, Mazda, etc. in reliability according to repairpal, carcomplaints' complaint vs. car sales ratio, and may be approaching Toyota's level now. The general public may not have caught up to this fact yet, so the depreciation may be higher than warranted, and a recent year used but well-warrantied Hyundai/Genesis vehicle can IMO be a particularly good deal.

For example, Repairpal, which gathers repair orders from >2000 repair shops across the country, shows that Hyundai/Kia is already on par with Toyota in reliability. For Carcomplaints, I calculate the # of complaints divided by the # of sales, and e.g. the Sonata from 2014 - 2018 (5 full years), which includes the terrible 2015 model that has more complaints than the rest of the years combined, is still ahead of the Mazda 6 and the Accord in the complaint/sales ratio. It's still significantly behind the Camry in this metric, however.

My one concern is that engine problems are still among the more common complaints with their cars, thus my desire for the powertrain warranty.

 

[SimpsonTide985]

The HUD on the G70 is one of the best I've seen in its class btw

 

[Adam85]

I believe the basic bumper to bumper warranty is transferable, but I don't think the powertrain warranty is transferable unless it's a CPO. As for holding value, I'm thinking the Genesis might be a particularly good value as a lightly used car. It's already priced extremely competitively when new, and recent objective data shows that Hyundai has already caught up to Honda, Mazda, etc. in reliability according to repairpal, carcomplaints' complaint vs. car sales ratio, and may be approaching Toyota's level now. The general public may not have caught up to this fact yet, so the depreciation may be higher than warranted, and a recent year used but well-warrantied Hyundai/Genesis vehicle can IMO be a particularly good deal.

For example, Repairpal, which gathers repair orders from >2000 repair shops across the country, shows that Hyundai/Kia is already on par with Toyota in reliability. For Carcomplaints, I calculate the # of complaints divided by the # of sales, and e.g. the Sonata from 2014 - 2018 (5 full years), which includes the terrible 2015 model that has more complaints than the rest of the years combined, is still ahead of the Mazda 6 and the Accord in the complaint/sales ratio. It's still significantly behind the Camry in this metric, however.

My one concern is that engine problems are still among the more common complaints with their cars, thus my desire for the powertrain warranty.

I personally don't want to own anything turbocharged without a power train warranty.

 

[Adam85]

There may be others that are more familiar but here is my feedback as a bmw owner looking at a G70:

1) The standard warranty is 5yr/60k is transferable to any next owner as well as the 10yr/100k powertrain. CPO’s are used by luxury brands to extend warranty and peace of mind to buyers as the price of out of warranty maintenance is obnoxiously high. The Genesis line to date has had pretty large depreciation on the G80/90 models. G70 is a whole new design but would anticipate it also not holding value well in first 3 years.

2) Sport package has all the goods... HUD included. If you wait a year you may find some good one year G70 models at a great price with a ton of warranty still on it, CPO or not.

With hyundai and Kia products the bumper to bumper 5/60 warranty is transferable, 10yr power train typically is not. If you get a cpo car you get the 10yr 100k mile warranty. I haven't read the fine print on genesis warranties but I assume it is the same

 

[EdP]

I personally don't want to own anything turbocharged without a power train warranty.

I understand your reasoning but turbos have been greatly improved in the last dozen years or so. At the right price I'd go for it. My second turbo car was the Hyundai 2.0T. OTOH, if I was a young guy buying used, looking for extra power, it would be dumb to pay a premium for it.

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[Adam85]

I understand your reasoning but turbos have been greatly improved in the last dozen years or so. At the right price I'd go for it. My second turbo car was the Hyundai 2.0T. OTOH, if I was a young guy buying used, looking for extra power, it would be dumb to pay a premium for it.

I'm not really worried about a lack of reliability so much as when something goes wrong in a newer direct injected turbo car the cost/complexity of repair is worse, I assume. At least the BMW's do
I love my g70 3.3tt, but at 101k miles it's probably outta here

 

[EdP]

I'm not really worried about a lack of reliability so much as when something goes wrong in a newer direct injected turbo car the cost/complexity of repair is worse, I assume. At least the BMW's do

I certainly get that aspect. Working on engines had been down hill since the 1964 Chevy 6 where you could stand in the engine compartment and pull the plugs.

 

[Beefer]

If you are discussing the used market...I started a specific thread for this...

Used Market

Took a peek around just for fun. Some really good deals out there. Not sure what transfers over to the new owner if it is sold privately or by a non-Genesis dealer. But...found my exact car. 3.3T AWD Sport...SI with gray stitching....only TWO HUNDRED miles on the sucker. Selling for $43k...

genesisowners.com

 

[Draco-REX]

My one concern is that engine problems are still among the more common complaints with their cars, thus my desire for the powertrain warranty.

Just to be clear, the engine problems Hyundai is having is solely with a certain line of their 4 cylinder engines. These are NOT used in any of the Genesis models.

 

[danygenesis]

Just to be clear, the engine problems Hyundai is having is solely with a certain line of their 4 cylinder engines. These are NOT used in any of the Genesis models.

That's correct.