How long before the G70 gets into the 25-30k range

[law242]

Hello,

Was curious how people are feeling about the depreciation on the G70 so far? I Want to purchase one but will wait till it is in my price range. Trying to gauge how long till I can acquire one. Want to get a 3.3TT Sport

(Have already seen at least one 3.3TT Sport used for 40k so far with 700 miles)

 

[raf1919]

Good question... I think once the Genesis stand alone stores open up it will attract more buyers and grow in popularity. I think many are unaware of the brand and many feel its Hyundai since you are still going to Hyundai dealer and dealing with them. I can see Genesis becoming more desirable and getting more respect once officially its on its own.

But I would put it on par with like Infiniti/Lexus for depreciation. Long warranty will give confidence to used market, and if above holds true I can see their value holding pretty well.

 

[OMG70]

According to the lease deals I saw in April, RV after 3 years was around 50% (of MSRP = $25k), so my guess is 3 years

 

[law242]

thanks for the guess, I appreciate it!