GV60 Canadian Pricing Estimations

[0xgenesis]

pricing is all speculation right now. hopefully the real numbers are good for us

 

[Looney100]

$66k and no blind spot camera? That sucks.
I was originally interested in the VW ID.4 AWD but no availability until summer 2023 now.
I wish I could wait but I need to pull the trigger by end of 2022. Unfortunately I think the GV60 is going to be too rich for my blood.
As was mentioned above, the Ariya was if interest but too big for me and likely too expensive as well.
I know there will be a lot of options in a year or two but I’m not sure I can wait that long.

If it weren't for the current crazy market, I'd say to buy a used vehicle to bridge the gap until you find 'the one' that you want to keep long term. What's preventing you from extending your current vehicle?

 

[mlb007]

If it weren't for the current crazy market, I'd say to buy a used vehicle to bridge the gap until you find 'the one' that you want to keep long term. What's preventing you from extending your current vehicle?

Or leasing for 2 or 3 years. I'm pondering this as we 'seem' to be on the cusp of mass production of solid state batteries that will be a game changer. Hate to spend large on the last of the 'pre' solid state battery powered cars and then have their value greatly reduced do to the suddenly small range. Also the Chinese and others will be here in small waves THIS year. And Tesla's cheaper car is supposed to start next year. I am afraid that once a wave of 30k EV's with decent range hit the shores our expensive (now) models will be greatly reduced in value. But you can wait forever for the next latest and greatest.

 

[Looney100]

Or leasing for 2 or 3 years. I'm pondering this as we 'seem' to be on the cusp of mass production of solid state batteries that will be a game changer. Hate to spend large on the last of the 'pre' solid state battery powered cars and then have their value greatly reduced do to the suddenly small range. Also the Chinese and others will be here in small waves THIS year. And Tesla's cheaper car is supposed to start next year. I am afraid that once a wave of 30k EV's with decent range hit the shores our expensive (now) models will be greatly reduced in value. But you can wait forever for the next latest and greatest.

Battery tech developments are incremental. I would budget for a ~5% range increase per year as batteries and drivetrains evolve, but I don't think that SS batteries are something most of us will need to worry about for the period we're likely to own this vehicle. I suspect they'll likely not be a drop-in replacement, and given changes to supporting systems, would likely be something done during a generational revamp.

 

[fredf]

If it weren't for the current crazy market, I'd say to buy a used vehicle to bridge the gap until you find 'the one' that you want to keep long term. What's preventing you from extending your current vehicle?

Frankly with the cost of buying a used car for two years I’m better of just paying whatever for a GV60.
I really don’t understand the economics of a ‘transition’ car.

 

[GV602023]

The closet competitor IMHO is the 2022 Audi Q4 e-tron.
It starts at $59,996 CAD and tops out at around $70;000.-- fully loaded.
the 2022 Audi Q4 Sportback e-tron starts at $67,600 almost loaded, $72,000 loaded as equivalent to GV60 Advanced. Both are AWD.

GV60 will need to be lower in price to attract a market as Audi has a significant premium badge to Genesis.

 

[Minbari]

The closet competitor IMHO is the 2022 Audi Q4 e-tron.
It starts at $59,996 CAD and tops out at around $70;000.-- fully loaded.
the 2022 Audi Q4 Sportback e-tron starts at $67,600 almost loaded, $72,000 loaded as equivalent to GV60 Advanced.

GV60 will need to be lower in price to attact a market as Audi has a significant premium badge to Genesis.

I'd argue the Q4 e-tron is inferior in a lot of ways to the GV60 and that the fair comparison is the regular Audi e-tron, not the Q4 model. The Q4 model is a much slower (<300hp, 6.1s 0-60) SUV that also charges less than half as fast as the GV60 will. The standard e-tron is more performance oriented and comes with the much nicer interior and design that I'd expect from Audi too. Frankly I think the GV60 slots almost between the two, but with the actual e-tron coming in at 90k+ CAD. After reading/watching enough content about the Q4 e-tron I don't think it seems like a fun or engaging vehicle to drive and my distaste for Audi MMI in general turned me away from wanting to own one. I suspect Genesis won't be that motivated to cut prices compared to the Q4 regardless of the brand name because they have an arguably superior product, and even moreso in the Performance trim.

 

[GV602023]

I do not agree. The real world charge rate for both cars is similar. Look at the videos, for the Ioniq 5, nobody has reached high charge rates. Also the Audi Q4 has a larger battery pack at 82 KWH vs 77 KWH.

I am comparing the GV60 Advanced vs Audi Q4 e-tron.
You might not like Audi but is is a very well received premium brand.

I did order a GV60 because I like the sporty look better.
Both have very upscale interiors in leather.

 

[Minbari]

I do not agree. The real world charge rate for both cars is similar. Look at the videos, for the Ioniq 5, nobody has reached high charge rates. Also the Audi Q4 has a larger battery pack at 82 KWH vs 77 KWH.

I am comparing the GV60 Advanced vs Audi Q4 e-tron.
You might not like Audi but is is a very well received premium brand.

I did order a GV60 because I like the sporty look better.
Both have very upscale interiors in leather.

I can't say I've seen these sources for bad charging rates outside of conditions where charging will always be limited - lack of preconditioning, cold weather, etc. There are an equally large number of sources illustrating 150-230 kW charging rates for the majority of the battery pack, a far cry from the 125kW peak the Q4 e-tron is capable of. The 82kWh is also the nominal capacity of the Q4 pack - the usable capacity is the same at 77 kWh.

Frankly I think the only Audi product that really looks great is the e-tron GT which gorgeous alongside the Porsche Taycan but either one is well into the $130k+ range. As a current BMW 7-series owner (and somebody who has won a CAMVAP buyback against Audi Canada a few years back) I might be biased to the BMW overall here, but I still think the GV60 is the superior vehicle of the lot.

 

[Looney100]

I can't say I've seen these sources for bad charging rates outside of conditions where charging will always be limited - lack of preconditioning, cold weather, etc. There are an equally large number of sources illustrating 150-230 kW charging rates for the majority of the battery pack, a far cry from the 125kW peak the Q4 e-tron is capable of. The 82kWh is also the nominal capacity of the Q4 pack - the usable capacity is the same at 77 kWh.

Frankly I think the only Audi product that really looks great is the e-tron GT which gorgeous alongside the Porsche Taycan but either one is well into the $130k+ range. As a current BMW 7-series owner (and somebody who has won a CAMVAP buyback against Audi Canada a few years back) I might be biased to the BMW overall here, but I still think the GV60 is the superior vehicle of the lot.

Thoroughly agree. The issues I've seen on less-than-ideal charging rates for the E-GMP cars have been batteries outside of ideal temps. Improvements to the pre-conditioning feature seem to have helped things a fair bit.

I took an RS e-Tron GT for a test drive last year. Absolutely beautiful car, with frightening acceleration - but overpriced, IMHO. I was leaning toward the BMW i4 M50 before finding the E-GMP products.

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[DaveGV60]

I am stoked to view the GV60 up close and personal!
I'm even more excited when the forum mentioned a 70k price tag!! Will be disapointing though if it is in the 80k range.
I placed a deposit on a ModelY back in October with a purchase price of 78k and since then MY prices have increased by 10k nevermind what resellers are getting, meaning i can sell at a profit from day 1 on my delivery day in June, but I would give all that up if the GV60 will be in the low 70's.
If GV60 is in 80's sorry to say I think a MY would be in my future.

 

[Waldo]

The closet competitor IMHO is the 2022 Audi Q4 e-tron.
It starts at $59,996 CAD and tops out at around $70;000.-- fully loaded.
the 2022 Audi Q4 Sportback e-tron starts at $67,600 almost loaded, $72,000 loaded as equivalent to GV60 Advanced. Both are AWD.

GV60 will need to be lower in price to attract a market as Audi has a significant premium badge to Genesis.

Agreed, I think Genesis is more interested in cementing their first foray into EV’s as a luxury value brand and hence will be in line with or lower than the Q4. Although the GV60 is objectively better in nearly all quantifiable metrics than the Q40, it wouldn’t be smart to price it higher than the Audi due to lowered public interest.

 

[Backslack]

I doubt the GV60 will be much cheaper than the Q4 because the Ioniq 5 isn't any cheaper than the Volkswagen ID4, which are the two mainstream versions of the GV60 and Q4. Not to mention the GV60 has the performance model which the Q4 has no answer to.

 

[GV60er]

Of course! They do definitely contradict what myself a couple others have heard from dealers regarding pricing (and I'm definitely hoping the real numbers reflect that, 10-15k is a huge jump and places the GV60 into a different class of vehicle altogether. It really surprises me that the price gap between the Performance and other trims in the UK pricing is touching 40% of the "Premium" one- it's undeniable the Performance/Sport Plus is the "better" vehicle, but where is the justification for that delta?

I hear what you're saying about the Advanced trim as well - I'm not interested in anything but the Performance from a feature standpoint alone, especially at the prices these vehicles are likely to come in at. That said, I'm 100% willing to walk away and buy a different vehicle if the Performance ends up above the low 70's - it doesn't compare favourably in my mind.

 

[rickcinyyc]

You might not like Audi

Audi lost my interest when I was on the "build and price" page and they were charging extra for rear air bags. Sorry, safety features like this should be built in, not a money grab. Next!

 

[GV602023]

Audi lost my interest when I was on the "build and price" page and they were charging extra for rear air bags. Sorry, safety features like this should be built in, not a money grab. Next!

Audi did that to keep it below $60,000 so you will get the new enhanced Federal rebate that looks like will include lower cost SUV up to $60,000 base.. So you spend $450.. to get $5000. not a bad trade off. We should know the new rebates in the next two weeks. They just announced the new 1.7 billion to extend the IZEV program for three more years past March 30, 2022

 

[rickcinyyc]

Or they have - and hear me out here - included the air bags without adding the $450. Problem solved.

 

[Looney100]

Audi lost my interest when I was on the "build and price" page and they were charging extra for rear air bags. Sorry, safety features like this should be built in, not a money grab. Next!

I, too, thought it was strange that airbags were an option, but wanting to make a price point to be eligible for the rebate sounds like a sensible explanation.

I've never quite understood it when people make comments that 'such-and-such a feature should be included at this price point.' Options come at incremental cost to the manufacturer, and get passed onto the buyer. Some one may say 'For $60K, the GPS should be standard, not cost an extra $1K.' But, what's the difference between one car at $60,000, that charges an extra $1,000 for a GPS system, and another identical one that is $61,000 with GPS as standard equipment? There is no benefit to the second, and someone that may not be interested in the GPS wastes their money on it.

Ultimately, we all need to make a decision as to whether a car, as we want it spec'd, is worth the price we need to pay. There's no point in fussing which boxes we needed to check to build what we wanted.

 

[rickcinyyc]

Call me crazy, but I think that air bags are basic features at this point. They should just be included and the price is the price. That's like offering seat belts as a paid option. (Not legally I know, just for illustrative purposes.)

 

[Looney100]

I agree that it seems a bizarre item to list as an option. But, something close to 80-90% of vehicle on the road at any time have only one person in them, and I suspect the percentage without someone in the back rounds to 100. If I were single and looking to save some money on a vehicle, I might be pretty happy to save $500 on airbags intended for unoccupied seats.