Genesis search.. A few newb questions.

[MrWesson]

I am in the market for a 2011-13 4.6 or a 2012-13 3.8. I'm leaning heavily towards the tech package as well.

My questions are mostly about whether I should look for a CPO.

My reasoning for now is that I think I would purchase a HPP platinum warranty and wouldn't that make the CPO warranty pointless?

Two example cars I am looking at

2012 CPO 4.6 loaded with 22k miles asking is 27,000 @ Hyundai

2012 NON CPO 3.8 loaded with 26k miles asking 23,000 @ Dodge dealer

I originally wrote off the 3.8 because its not CPO certified but now that I've done some research it seems I could just buy that car(I prefer it) and put a platinum HPP warranty on it correct?

 

[GenesisCaptain]

If you are going to buy the Platinum Warranty regardless, then shop for any good car at a fair price. If it happens to be a CPO, fine. But if not, it is not a material difference.

With the 2012+, you would get the updated cosmetics, suspension tweaks, Michelin tires, higher-res color instrument cluster LCD, and one more year of factory warranty.

 

[Mark_888]

I originally wrote off the 3.8 because its not CPO certified but now that I've done some research it seems I could just buy that car(I prefer it) and put a platinum HPP warranty on it correct?

Sounds good to me. Try calling Jim Ellis Hyundai in Atlanta to get a quote on the warranty and ensure that a particular VIN is eligible.

 

[clum553946]

Have you test driven both?

 

[MrWesson]

If you are going to buy the Platinum Warranty regardless, then shop for any good car at a fair price. If it happens to be a CPO, fine. But if not, it is not a material difference.

With the 2012+, you would get the updated cosmetics, suspension tweaks, Michelin tires, higher-res color instrument cluster LCD, and one more year of factory warranty.

I am after the 2012 but a 2011 with the 4.6 would work for me.

Another benefit and it is a big benefit is Hyundai is offering 1.9% financing on their CPO cars.

I can get good rates at the bank but I'd bet on double that plus not having the convenience of doing it in house.

Sounds good to me. Try calling Jim Ellis Hyundai in Atlanta to get a quote on the warranty and ensure that a particular VIN is eligible.

Do you know of any particular things that would keep a car from being eligible?

I assume that Jim Ellis Hyundai will do this over the phone(I'm 4 hours away).

Have you test driven both?

I have.
The white one had a color combo I preferred and the silver had some scratches on the car I didn't think was in line with how the car is being marketed.

IMO if a car is gone through with a fine tooth comb for CPO certification a 4x4" paint rash on the running board isn't acceptable to me.


Preferred the power of the 4.6 but found the 2012 to be "plenty". I wont pay much more for that 4.6 and that seems to be a problem with dealerships. I don't see the value for me in spending 3k more for it.

The other car in our house is a 2010 BMW 328I.

When comparing to that the genesis is not as sporty in the handling dept. In the Genesis's defense I haven't driven much that handles better than the 328I with the sport package.. its on rails.

The Genesis was Faster, More comfortable, twice the trunk, quiet, bigger, loaded with features.

While the 328i is more fun to drive we paid similar money for less car.
We are keeping it FWIW.

 

[Mark_888]

Do you know of any particular things that would keep a car from being eligible?

I assume that Jim Ellis Hyundai will do this over the phone(I'm 4 hours away).

I don't know much about the eligibility of getting the Hyundai extended warranty on a per-owned car. All you need is a VIN and mileage reading, and then call a dealer just to be safe.

You can purchase the HPP extended warranty at any USA Hyundai dealer. Based on posts from members of this forum, Jim Ellis Hyundai in Atlanta seems to sell them for about the lowest price you can get them for. Call them.

 

[MrWesson]

I don't know much about the eligibility of getting the Hyundai extended warranty on a per-owned car. All you need is a VIN and mileage reading, and then call a dealer just to be safe.

You can purchase the HPP extended warranty at any USA Hyundai dealer. Based on posts from members of this forum, Jim Ellis Hyundai in Atlanta seems to sell them for about the lowest price you can get them for. Call them.

From research it appears that of you have more than 35k miles you have to have the car inspected at the dealer to qualify for hpp coverage.

I plan on letting the factory coverage run down a bit before buying it. I don't see the point of being double covered under the 5/60.

 

[KyKernel]

I don't understand all the interest in warrantees. Unless you are especially tough on your cars, over your lifetime you will spend more on warrantees than you will get from them. Evidence? The warrantee-issurer makes money on the warrantee--big money. That money comes from buyers pockets.

A warrantee is just insurance (but "insurance" doesn't sound as good). If you can afford a Genesis, you probably can afford to self-insure it.

I am happy with insurance included in the purchase, but to buy after-market insurance? Not me.

 

[Mark_888]

I don't understand all the interest in warrantees. Unless you are especially tough on your cars, over your lifetime you will spend more on warrantees than you will get from them. Evidence? The warrantee-issurer makes money on the warrantee--big money. That money comes from buyers pockets.

A warrantee is just insurance (but "insurance" doesn't sound as good). If you can afford a Genesis, you probably can afford to self-insure it.

I am happy with insurance included in the purchase, but to buy after-market insurance? Not me.

There has been a lot of discussion about problems with Genesis 2009-2014 high tech items, especially Tech Package audio/video/GPS electronics. Hyundai dealers cannot "repair" them when there is a problem, and have to replace the entire head-unit or entire amp, at about $3,000 plus labor if out of warranty. The Hyundai factory warranty on audio/video/GPS electronics is only 36 months / 36K miles, which is one reason people are getting the HPP (platinum) extended warranty.

 

[craigt]

There has been a lot of discussion about problems with Genesis 2009-2014 high tech items, especially Tech Package audio/video/GPS electronics. Hyundai dealers cannot "repair" them when there is a problem, and have to replace the entire head-unit or entire amp, at about $3,000 plus labor if out of warranty. The Hyundai factory warranty on audio/video/GPS electronics is only 36 months / 36K miles, which is one reason people are getting the HPP (platinum) extended warranty.

Exactly. On normal cars without high tech items, I agree that extended warranties are not worth it. For the Genesis (Premium or Tech), $1200 is well worth the investment to be covered for 10/100. As Mark said, the head units are not the most reliable and are over 2x the cost of the warranty.

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[rminor]

Exactly. On normal cars without high tech items, I agree that extended warranties are not worth it. For the Genesis (Premium or Tech), $1200 is well worth the investment to be covered for 10/100. As Mark said, the head units are not the most reliable and are over 2x the cost of the warranty.

What tech items are covered with the extended warranty? I thought I read where most of it was not covered.

 

[rminor]

Ok, I just answered my own question. No components in the smart cruise control are covered. Does that mean they expect high cost problems from the smart cruise? Why else would they put that in the "not covered" section.

 

[PMCErnie]

I don't understand all the interest in warrantees. Unless you are especially tough on your cars, over your lifetime you will spend more on warrantees than you will get from them. Evidence? The warrantee-issurer makes money on the warrantee--big money. That money comes from buyers pockets.

A warrantee is just insurance (but "insurance" doesn't sound as good). If you can afford a Genesis, you probably can afford to self-insure it.

I am happy with insurance included in the purchase, but to buy after-market insurance? Not me.

Sure, I can afford self-insurance too, but I like to minimize potential loss. As was said above, your Genesis Nav, radio and Bluetooth are only covered for 3/36,000. Poof, one of them dies and your are out $3 thou, plus!

The cost of replacing an A/C compressor, plus a heated seat element far exceeded the cost of the warranty we had on my wife's last car, an '09 Ford Taurus, recently passed on to our son. That's another reason why we decided to buy extended warrantees on both of our Hyundais. When we pass along one or both of the Hyundais to our son in the future he will drive them worry-free for some more years. Not to mention that I won't have to pay for repairing his cars!

 

[dg_moore]

I don't understand all the interest in warrantees. Unless you are especially tough on your cars, over your lifetime you will spend more on warrantees than you will get from them. Evidence? The warrantee-issurer makes money on the warrantee--big money. That money comes from buyers pockets.

A warrantee is just insurance (but "insurance" doesn't sound as good). If you can afford a Genesis, you probably can afford to self-insure it.

I am happy with insurance included in the purchase, but to buy after-market insurance? Not me.

Obviously, if it turns out in the end that you didn't need the warranty, then you have wasted your money. However, I purchased the HMA Platinum warranty for about $1100 from Ellis in Atlanta and then had to have my head unit replaced after 36 months. I saved at least $2000 by having the warranty in place. I don't view the money spent on the warranty as wasted.

 

[KyKernel]

Thanks for the replies. Based on them, I will consider the extended warrantee when my 2011 gets near 3 years old next spring. Apparently the dealers sell them.