GV80 Pricing (USA) Revealed

[Fun and Joy]

It's not just the purchase price but the trade-in value at resale time. I have no problem with Genesis -- just questioning whether there's still a value proposition.

I see you have a 2009 Genesis this before they were a stand alone brand, Do you like it? At 10 or 11 years old many cars reveal their inner quality, good or bad. I’m not familiar with resale value for Genesis is it bad?
Quality and Reliability are what attracts me Genesis. BMW has the quality but the reliability has been slipping.

 

[Mcc]

BTW, I'm now in my 70's and barely drive 2,000 miles a year. My car buying days are just about over so I'm not the target Genesis has to win over.

And you are still looking for a dollar value proposition? Buy what makes you feel good and you can afford

 

[Backslack]

An X5 with similar feature content to the GV80 is around mid $70K.

Did you really just open an account here to defend BMW?


Anyway, here's the price comparison list someone posted on another site to gauge the competition:

MDX AWD: $59675
MDX Hybrid: $61175
RX 350L: $62020
GV80 2.5T Prestige AWD: $64825
Q7 45 Premium Plus: $65089
XT6 Sport AWD: $69190
GV80 3.5T Prestige AWD: $72375
XC90 T6: $79220
GLE350 4Matic: $83115
Aviator Black Label: $84185
GLE450 4Matic: $87225(doesn't include active body control which costs another $8200)
X5 xDrive40i: $88595
Q7 55 Prestige: $89139
XC90 T8: $89920

*Some of these vehicles can be optioned higher, but I stayed away from things like nightvision and optioning more expensive wheels that were the same size as the wheels that were already on the vehicle.

Price-wise, Genesis is placing itself slightly above the FWD Japanese brands but still well below the Germans. IIRC, this is what Infiniti did with their FX when it came out as well- and it sold remarkably well.

 

[leggy]

Can you read?? The article states that Genesis received 20,000 pre orders in 10 days.

In which market?

 

[Spill6]

See, I would understand the grievances with the price if it were because of actual features that the Genesis is missing compared to its rivals (to which there certainly are, especially in the higher trims). But the complaints I'm hearing sound more like badge disappointment, with people demanding the car be offered at the same bargain basement price of the Genesis sedan from a decade ago (relative to the 5-series at the time). It's laughably absurd. Do you really think this thing would be priced cheaper than a Palisade?

With the G70 vs 3 series -- the reviews said 85% of the 3 series at 70% of the price.

With GV80 vs X5 I think you are going to see: 85% of the X5 at 95% of the price (assume 10% BMW discount vs 0% Genesis discount...with first deliveries).

That's the problem.

 

[Backslack]

95% of the price (assume 10% BMW discount vs 0% Genesis discount...with first deliveries).

Your math is very funny to say the least to come up with those numbers.

 

[Spill6]

Can you read?? The article states that Genesis received 20,000 pre orders in 10 days.

Refundable deposit pre-orders before pricing and reviews. You could easily see half or more of those be pulled.

 

[Spill6]

Your math is very funny to say the least to come up with those numbers.

I think we've see some fair 72.5K fully options GV80s compare to 80-82K X5. You are hearing markups else MSRP or 72.5 for the prestige 3.5T. And you are hearing people can get 10% of the X5, so 72-74K. What's funny with the math there?

 

[Spill6]

I think we've see some fair 72.5K fully options GV80s compare to 80-82K X5. You are hearing markups else MSRP or 72.5 for the prestige 3.5T. And you are hearing people can get 10% of the X5, so 72-74K. What's funny with the math there?

I'm not bashing Genesis here. I have a pre-order in. I want it. But the value prop might not be there. That said, i do consider the 5 year warranty and 5 year servicing (in Canada) worth some cash which is reasonable to deduct from the MSRP to make it more apples to apples.

 

[Backslack]

I think we've see some fair 72.5K fully options GV80s compare to 80-82K X5. You are hearing markups else MSRP or 72.5 for the prestige 3.5T. And you are hearing people can get 10% of the X5, so 72-74K. What's funny with the math there?

Check that list above. A comparable X5 would be around 89k, well above the 72.5K of the fully loaded GV80. No amount of assumptions you make about dealerships and incentives will change the fact that this is an almost 20k delta in price.

This is as absurd as the people comparing base model M340i's with the fully-loaded G70 3.3 and claiming the G70 doesn't offer enough.

Morever, your assumption is that most people will go for the fully loaded 3.5T prestige, when realistically the volume seller will still be the 2.5T, which sits around the same price spectrum as the Japanese brands. That's how it is with the G80 as well, where most sales are of the 3.8 base engine.

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[TurtleBoy]

Check that list above. A comparable X5 without would be around 89k, well above the 72.5K of the fully loaded GV80. No amount of assumptions you make about dealerships and incentives will change the fact that this is an almost 20k delta in price.

That list is not correct, especially for the X5. Obviously it is hard to get apples to apples but you are looking at about $82k for the X5. At 89k the X5 would have just about, if not, every option available to it.

 

[YEH]

With the G70 vs 3 series -- the reviews said 85% of the 3 series at 70% of the price.

With GV80 vs X5 I think you are going to see: 85% of the X5 at 95% of the price (assume 10% BMW discount vs 0% Genesis discount...with first deliveries).

That's the problem.

More like 90% of the 3 Series at 70% of the price.

The only real areas where the current G70 lags behind the 3 Series (aside from things like interior space) is powertrain (which should get rectified w/ the F/L) and not having certain tech that BMW offers on the 3er.


The GV80 seems to be more like 95% of the X5 at around 85% of the price.

The interior of the G70 doesn't compare to that of the GV80's (or the G80) and the design of the dash in the GV80 is more elegant/sophisticated than that in the X5.

W/o having personally experienced the interior of the GV80, would say that it is at least on par w/ the X5, but probably better.

Based on what someone had configured, comparably equipped, the X5 will be about $9k-10k more than the GV80.

 

[Cruiser]

See, I would understand the grievances with the price if it were because of actual features that the Genesis is missing compared to its rivals (to which there certainly are, especially in the higher trims). But the complaints I'm hearing sound more like badge disappointment, with people demanding the car be offered at the same bargain basement price of the Genesis sedan from a decade ago (relative to the 5-series at the time). It's laughably absurd. Do you really think this thing would be priced cheaper than a Palisade?

Laughably absurd is a bit strong. Genesis seems to be playing a different pricing game with its sedans. For example, the top of the line AWD 8 cylinder G90 is (I just checked) priced at $76,725. The **base** price for the AWD 6 cylinder 7 series is $89,450, and for the 8 cylinder is $102,650, all USD. The 4matic S-Class starts at $97,250, USD. I think across the board, manufacturers see the demand for SUVs in the US and are pricing accordingly.

 

[BGR]

Did you really just open an account here to defend BMW?


Anyway, here's the price comparison list someone posted on another site to gauge the competition:

Price-wise, Genesis is placing itself slightly above the FWD Japanese brands but still well below the Germans. IIRC, this is what Infiniti did with their FX when it came out as well- and it sold remarkably well.

Actually no I've been watching threads a couple weeks, but a first post will come from somewhere, correct?

The prices you posted from someone else you probably don't know are for every single option checked including an expensive option like air suspension, which the GV80 doesn't have. Also options like night vision and a $5K premium upcharge for an audio system.

A similarly equipped X5 with similar options is low to mid 70s as I and others have stated.

 

[Advocate225]

I see you have a 2009 Genesis this before they were a stand alone brand, Do you like it? At 10 or 11 years old many cars reveal their inner quality, good or bad. I’m not familiar with resale value for Genesis is it bad?
Quality and Reliability are what attracts me Genesis. BMW has the quality but the reliability has been slipping.

I absolutely LOVE my 2009 Genesis. As I've said, I barely drive in recent years. My Genesis has only 44,000 miles but has never needed anything other than routine maintenance. Previously I owned 8 Cadillacs and not one held a candle to my Genesis. I am sure that the new Genesis are excellent vehicles and my only criticism is if the public will choose the brand without a significant price difference from the "name" players.

Resale value to my particular ar is not meaningful as it is now 11 years old and fully depreciated.

 

[YEH]

I'm not sure that it is overpriced for what it is. But I remember when I bought my 2015 Genesis. I was actively considering a 5 series as well. There was a $15-$20K difference. I smiled the entire way home from the dealership thinking that I just got the deal of the century: What I thought was as good or better of a car for almost $20K less than the other car I was considering.

A big part of why the 2015MY Genesis sedan was that much cheaper was b/c it didn't offer luxury amenities (and hence, didn't have to price in such costs); it was the reason why the Genesis sedan was more of a value proposition within its segment compared to the Equus.

The new G80 will likely be priced in the high $40k range, a marked departure from the $33k price for the original Genesis sedan.

That's what actually offering luxury amenities and having on par interior, tech, etc. does to the price.

There's a reason why the original Genesis sedan was such a bargain.

 

[Beefer]

Actually no I've been watching threads a couple weeks, but a first post will come from somewhere, correct?

The prices you posted from someone else you probably don't know are for every single option checked including an expensive option like air suspension, which the GV80 doesn't have. Also options like night vision and a $5K premium upcharge for an audio system.

A similarly equipped X5 with similar options is low to mid 70s as I and others have stated.

That is completely incorrect. Low $80k’s is the equivalent X5.

 

[BGR]

That is completely incorrect. Low $80k’s is the equivalent X5.

Wrong! You're adding options the GV80 doesn't have in the low 80s.

 

[TurtleBoy]

I think we need to all agree that it is impossible to get a configuration of the X5, or any other competitor for that matter, to have the same options as the GV80. Given that, the best one can do is try and get the most the same.

For example, it is not possible to have the 22" inch wheels and the third row in the X5. At that point one must decide what they think is more important in their comparison. Being very familiar with all of the options, I have played around with multiple configurations as a way to get a range of prices of "comparable" X5's. When doing that, you are looking at about a $76-83k range.

I have attached the X5 pricing guide with all of the ordering rules should anyone want to fool around with it and try to get more exact.

 

[Mcc]

Folks, just do a liner item list of the base and options and pricing and then you will all be talking about the same thing.