GV60 Canadian Pricing Estimations

[Buckdes]

Did you drive the top of the line with the ultimates package? That’s 63000$ on the road price, has all the same features as the gv60, and a nice leather interior.
I do prefer the styling in the gv60 more though.

I just checked out the top trim ioniq as well and its great , its also quick with a 4.6 0 to 60 and has some features the gv60 does not have

 

[Looney100]

Did you drive the top of the line with the ultimates package? That’s 63000$ on the road price, has all the same features as the gv60, and a nice leather interior.
I do prefer the styling in the gv60 more though.

Unfortunately, they did not have the Ultimate on the lot when I popped in, but I have seen the photos and 360 online. Still far too bland for me. It's mostly the dashboard that kills it for me - I find the materials and styling poor. The seats are fine.

My shortlist of additional features of the GV60 would be: +160HP, better quality leather, dashboard styling/materials, wheel & tire combo, 14/12 way seats, suspension, and sound system. I also think Genesis's pick up/drop off service would be appealing.

Ioniq does have a few things on the GV60, though: extra range, pano roof, interior versatility, and price. A short list, but some big items there.

If I don't think the GV60 is worth the price, I'll go with the EV6. I much prefer its interior to the Ioniq.

 

[Looney100]

It is my daughter's 16th birthday today. As I was driving her home from school, I told her to wish for a favourable budget announcement tomorrow.

I've got my fingers crossed on revisions to the EV rebate to knock a few bucks off the price of the GV60, and an increase to the Greener Homes program to knock a few more dollars off the cost of solar for the house.

 

[Bobdhd]

Hey, I really am guessing just like everyone else & looking for a pattern that would offer some foresight into what they don’t seem to want to tell us.
An E-Tron is 100k so if Genesis is competing, they could easily go there.
Hopefully as you say, the budget will bring something to light. I just want to know if I’m in or out.

 

[rickcinyyc]

It is my daughter's 16th birthday today. As I was driving her home from school, I told her to wish for a favourable budget announcement tomorrow.

I've got my fingers crossed on revisions to the EV rebate to knock a few bucks off the price of the GV60, and an increase to the Greener Homes program to knock a few more dollars off the cost of solar for the house.

I put in solar last fall. Already this spring I'm generating 250% of my consumption. I need an EV to use up some those extra kW's!!

 

[NoTeslaforMe]

Any news from the new budget? I wasn't able to find anything yet.

 

[Looney100]

I put in solar last fall. Already this spring I'm generating 250% of my consumption. I need an EV to use up some those extra kW's!!

250%??? How?

I’ve been told that they won’t permit anything above 110% of historical usage.

it’s somewhat moot for me as my pyramidal roof will limit ability to place panels, so I’ll run out of place to put panels before I hit my kw max.

 

[Looney100]

Any news from the new budget? I wasn't able to find anything yet.

Tomorrow. I believe the announcement starts at 4 ET.

 

[NoTeslaforMe]

Tomorrow. I believe the announcement starts at 4 ET.

Thanks!

 

[Buckdes]

Tomorrow. I believe the announcement starts at 4 ET.

Looks like no change in Canada for EV incentive Rebates for the next while , so we are now relying on whatever Genesis decides to price their electric cars at as both Gv60 models in Canada will be too expensive for any rebate , ioniq 5 looks more and more attractive as time goes on

______________________________

Help support this site so it can continue supporting you!

 

[Canadianbrand]

Reducing Emissions on the Road
On-road transportation accounts for 20 per cent of Canada’s greenhouse gas
emissions.
To accelerate the manufacturing and adoption of cleaner cars, the federal
government will put in place a sales mandate to ensure at least 20 per cent
of new light-duty vehicle sales will be zero-emission vehicles (ZEVs) by 2026,
at least 60 per cent by 2030 and 100 per cent by 2035.
To reduce emissions from medium- and heavy-duty vehicles (MHDVs),
the federal government will aim to achieve 35 per cent of total MHDV sales
being ZEVs by 2030.
In addition, the federal government will develop a medium- and heavy-duty
ZEV regulation to require 100 per cent MHDV sales to be ZEVs by 2040 for
a subset of vehicle types based on feasibility, with interim 2030 regulated
sales requirements that would vary for different vehicle categories based on
feasibility, and explore interim targets for the mid-2020s.
Making the Switch to Zero-Emission Vehicles More
Affordable
To help make ZEVs more affordable for Canadians, the federal government has
offered purchase incentives of up to $5,000 for eligible vehicles since 2019.
This program has helped Canadians purchase or lease over 136,000 new ZEVs,
but more support is needed to help Canadians get behind the wheel of zero-
emission vehicles.
Budget 2022 proposes to provide $1.7 billion over five years, starting in
2022-23, with $0.8 million in remaining amortization, to Transport Canada
to extend the Incentives for Zero-Emission Vehicles (iZEV) program until
March 2025. Eligibility under the program will also be broadened to
support the purchase of more vehicle models, including more vans, trucks,
and SUVs, which will help make ZEVs more affordable. Further details will
be announced by Transport Canada in the coming weeks.

92 Chapter 3
Building a National Network of Electric Vehicle Charging
Stations
Since 2015, the federal government has helped build almost 1,500 charging
stations across the country. As more and more Canadians adopt zero-emission
vehicles, we need to build the charging infrastructure that drivers can rely on,
no matter where they’re going.
Budget 2022 announces that the Canada Infrastructure Bank will invest
$500 million in large-scale urban and commercial ZEV charging and
refuelling infrastructure. Funding will be sourced from the Canada
Infrastructure Bank’s existing resources under its green infrastructure
investment priority area.
Budget 2022 proposes to provide $400 million over five years, starting
in 2022-23, to Natural Resources Canada to fund the deployment of ZEV
charging infrastructure in sub-urban and remote communities through the
Zero-Emission Vehicle Infrastructure Program (ZEVIP).
Budget 2022 proposes to provide $2.2 million over five years, starting in
2022-23, to Natural Resources Canada to renew the Greening Government
Operations Fleet Program, which will continue to conduct readiness
assessments of federal buildings required to facilitate the transition of the
federal vehicle fleet to ZEVs.
Helping Businesses Switch to Medium- and Heavy-Duty
Zero-Emission Vehicles
Businesses across Canada want to upgrade their fleets to be part of the solution
to climate change. However, those upgrades can be expensive, and businesses
need to be confident that ZEVs can reliably transport their goods to market.
Budget 2022 proposes to provide $547.5 million over four years, starting in
2022-23, to Transport Canada to launch a new purchase incentive program
for medium- and heavy-duty ZEVs.
Budget 2022 proposes to provide $33.8 million over five years, starting in
2022-23, with $42.1 million in remaining amortization, to Transport Canada
to work with provinces and territories to develop and harmonize regulations
and to conduct safety testing for long-haul zero-emission trucks.
To help decarbonize vehicles already on the road, Budget 2022 proposes to
provide $199.6 million over five years, starting in 2022-23, and $0.4 million
ongoing, to Natural Resources Canada to expand the Green Freight
Assessment Program, which will be renamed the Green Freight Program.
This will support assessments and retrofits of more vehicles and a greater
diversity of fleet and vehicle types.
With these investments, the government is taking a significant step towards
reducing pollution on our roads, and is on track to meet its commitment to add
50,000 new ZEV chargers and hydrogen stations across Canada.

 

[Canadianbrand]

not a lot of details yet.

 

[fredf]

Looks like no change in Canada for EV incentive Rebates for the next while , so we are now relying on whatever Genesis decides to price their electric cars at as both Gv60 models in Canada will be too expensive for any rebate , ioniq 5 looks more and more attractive as time goes on

So, there ARE changes but no real details. Whether the GV60 will be included under the category of SUVs remains to be seen. If this budget will impact Genesis' pricing structure it looks like we will still have to wait longer to find out pricing.
Sad to say I don't see Genesis pricing coming any time in the next couple of weeks.

 

[Canadianbrand]

On December 23, 2021, the government announced changes to the automobile deduction limits
that would apply in 2022: (1) the ceiling applicable to capital cost allowances (CCA) for zero-emission
passenger vehicles was increased from $55,000 to $59,000, before tax, in respect of vehicles (new and
used) acquired on or after January 1, 2022; (2) the ceiling applicable to CCA for passenger vehicles
was increased from $30,000 to $34,000, before tax, in respect of vehicles (new and used) acquired on
or after January 1, 2022; and (3) the ceiling applicable to deductible leasing costs was increased from
$800 to $900 per month, before tax, for new leases entered into on or after January 1, 202

 

[Buckdes]

So, there ARE changes but no real details. Whether the GV60 will be included under the category of SUVs remains to be seen. If this budget will impact Genesis' pricing structure it looks like we will still have to wait longer to find out pricing.
Sad to say I don't see Genesis pricing coming any time in the next couple of weeks.

You are right , also all my local dealerships say there are no more ioniq 5s until next model year so no matter what it seems we have to wait lol oh well

 

[Canadianbrand]

Budget 2022 proposes to provide $1.7 billion over five years, starting in
2022-23, with $0.8 million in remaining amortization, to Transport Canada
to extend the Incentives for Zero-Emission Vehicles (iZEV) program until
March 2025. Eligibility under the program will also be broadened to
support the purchase of more vehicle models, including more vans, trucks,
and SUVs, which will help make ZEVs more affordable. Further details will
be announced by Transport Canada in the coming weeks.

 

[MovingOn]

Budget 2022 proposes to provide $1.7 billion over five years, starting in
2022-23, with $0.8 million in remaining amortization, to Transport Canada
to extend the Incentives for Zero-Emission Vehicles (iZEV) program until
March 2025. Eligibility under the program will also be broadened to
support the purchase of more vehicle models, including more vans, trucks,
and SUVs, which will help make ZEVs more affordable. Further details will
be announced by Transport Canada in the coming weeks.

On December 23, 2021, the government announced changes to the automobile deduction limits
that would apply in 2022: (1) the ceiling applicable to capital cost allowances (CCA) for zero-emission
passenger vehicles was increased from $55,000 to $59,000, before tax, in respect of vehicles (new and
used) acquired on or after January 1, 2022; (2) the ceiling applicable to CCA for passenger vehicles
was increased from $30,000 to $34,000, before tax, in respect of vehicles (new and used) acquired on
or after January 1, 2022; and (3) the ceiling applicable to deductible leasing costs was increased from
$800 to $900 per month, before tax, for new leases entered into on or after January 1, 202

If the GV60 doesn't qualify for iZEV (post budget), I might buy through my corp. The CCA route doesn't limit the cost of the car, you just can't claim CCA on the full amount. I also wonder if that $59K cap is a hint of what the iZEV price limit might be.

 

[0xgenesis]

Genesis GV60: Everything we know as of March 2022 i think the price will be around 73,428.67 cad for performance based off korean pricing and this article i found that i have no clue is legit lol

 

[Looney100]

Genesis GV60: Everything we know as of March 2022 i think the price will be around 73,428.67 cad for performance based off korean pricing and this article i found that i have no clue is legit lol

You can't simply apply forex to a foreign car price as marketing, positioning, freight, tariffs, etc. differ greatly. If you were to forex-adjust selling prices in the UK, you'd cry. Use prices in China and you'd likely have a heart attack.

That's why people are buying new cars at dealerships here and immediately putting them into shipping containers to send them to China.

 

[Looney100]

You are right , also all my local dealerships say there are no more ioniq 5s until next model year so no matter what it seems we have to wait lol oh well

I got a similar story from the local Hyundai dealership. When I placed my deposit on an EV6 a few weeks ago the sales person told me it would be March 2023 before I saw the car.