I'm Trading it in

[DJS42]

My V6 '21 Prestige has been a dream. An amazing vehicle....great ride....handling...sound system...all fantastic.

The problem, it's too big. I moved from CT to SC 16 months ago and needed a big SUV. Not so much now. So, my third Genesis (G70, GV80) will be a '23 GV70 Prestige with the four banger. A really nice small SUV that I tried as a loaner when "the beast" was in for service. Don't really care about the loss of HP, the '22 C8 Corvette shares the garage and that monster more than satisfies my need for speed.

BTW, the dealer in N Charleston has really stepped up their game. Vastly, massively improved service. Gave me a better trade in than Carvana. Now I'll slink over to the GV70 site.

Aloha

 

[Ike Arumba]

My V6 '21 Prestige has been a dream. An amazing vehicle....great ride....handling...sound system...all fantastic.

The problem, it's too big. I moved from CT to SC 16 months ago and needed a big SUV. Not so much now. So, my third Genesis (G70, GV80) will be a '23 GV70 Prestige with the four banger. A really nice small SUV that I tried as a loaner when "the beast" was in for service. Don't really care about the loss of HP, the '22 C8 Corvette shares the garage and that monster more than satisfies my need for speed.

BTW, the dealer in N Charleston has really stepped up their game. Vastly, massively improved service. Gave me a better trade in than Carvana. Now I'll slink over to the GV70 site.

Aloha

The GV80 really is pretty big. It was a tough choice for us between the GV70 and GV80. We went with the GV80 as our golf clubs fit flush across the back, where we had to angle them on a diagonal with the GV70. Really like both vehicles though, good luck with the new ride!

 

[SebringSilver]

I currently have a 2022 GV70 3.5T and a 2023 GV80 3.5T. Just got a call from the dealership that my new eGV70 is at the port so I can expect to pick it up within a week. I'm in the midst of deciding whether to trade in the GV70 or the GV80.

 

[GV80Fan]

I currently have a 2022 GV70 3.5T and a 2023 GV80 3.5T. Just got a call from the dealership that my new eGV70 is at the port so I can expect to pick it up within a week. I'm in the midst of deciding whether to trade in the GV70 or the GV80.

Trade in the GV70 and, if you have no problems with the GV80, keep the GV80. Having a choice between two different ride and rooominess experiences (eg for sporty driving and also for longer comfy cruises) would be more fun to me. And I like fun : )
PS I’m only offering my personal viewpoint here because you appear to be unsure and open to suggestions. Nice situation to be in, regardless. Good luck!

 

[SebringSilver]

Trade in the GV70 and, if you have no problems with the GV80, keep the GV80. Having a choice between two different ride and rooominess experiences (eg for sporty driving and also for longer comfy cruises) would be more fun to me. And I like fun : )
PS I’m only offering my personal viewpoint here because you appear to be unsure and open to suggestions. Nice situation to be in, regardless. Good luck!

Thanks. I'm leaning in the direction that you suggested. eGV70 for the daily commute and GV80 for road trips. My 2023 GV80 has the power second row seats which are also ventilated, but it doesn't have HDA2. My 2022 GV70 has HDA2 but it doesn't have ventilated second row seats nor are they power operated. These are definitely first world problems. Lol

 

[DJS42]

A thought about the EGV70.....the one I expected to go for.

Dealer says warranty on battery is 10 years. replacement cost of battery, at todays price, exceeds $35,000.00. Essentially, at 10 years the EV will be worthless. It will depreciate faster than any other vehicle. The only reason I could think of to make such a bad financial decision would be to know I won't live the full 10 years

 

[SebringSilver]

A thought about the EGV70.....the one I expected to go for.

Dealer says warranty on battery is 10 years. replacement cost of battery, at todays price, exceeds $35,000.00. Essentially, at 10 years the EV will be worthless. It will depreciate faster than any other vehicle. The only reason I could think of to make such a bad financial decision would be to know I won't live the full 10 years

I didn't realize a product loses 100% of its value because the warranty has expired. I'm canceling the order.

 

[PMCErnie]

Trade in the one with the full ashtray.

 

[GV80Fan]

A thought about the EGV70.....the one I expected to go for.

Dealer says warranty on battery is 10 years. replacement cost of battery, at todays price, exceeds $35,000.00. Essentially, at 10 years the EV will be worthless. It will depreciate faster than any other vehicle. The only reason I could think of to make such a bad financial decision would be to know I won't live the full 10 years

Holy Cow! I wonder how that trade-off gets reflected in a three year lease on the vehicle.

 

[DJS42]

Look, its a bit odd for me to say the electric GV70 looses 100% of its value at 10 years. However, how many people will plunk $35K plus 10 years of inflation down on a 10 year old car? Probably no one. Scrap metal may be worth more in 2033.

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[SebringSilver]

Look, its a bit odd for me to say the electric GV70 looses 100% of its value at 10 years. However, how many people will plunk $35K plus 10 years of inflation down on a 10 year old car? Probably no one. Scrap metal may be worth more in 2033.

I'm trading in either an 18-month old car or an 8-month old car for the eGV70. Somehow, I don't think I'll still be driving the eGV70 for very long.

 

[PMCErnie]

I'm trading in either an 18-month old car or an 8-month old car for the eGV70. Somehow, I don't think I'll still be driving the eGV70 for very long.

Kind of an odd way to save money, is it?

 

[NVQB10]

Real world experience with Prius (introduced 2001) has shown many cars still on the road with their original battery packs, and today's batteries are eons ahead of those early ones. There are also several recycler/refurb battery companies now who do swap outs for 1/3 the new price. Not sure how extended warranty companies treat EV batteries but worth a look before buying.

 

[Hanabanana]

I think the 10-yr warranty on the traction battery is for it to maintain at least 77% of its original capacity when fully charged/recharged...so...it's neither totally dead nor worthless...and possibly/likely (warranty fudge factor) well above the 77%.
One way or another, we all expect less from any 10-yr old car. That's why we pay less. Buying a used EV will involve a different set of aspects to evaluate...much as ICE cars of the same age with different mileage. And if you are trading it in on new, dealers don't really care, because taking your used car is a major step in selling you the new one, which is half the reason they exist (the other half is to fix/service them, which actually raises the motivation to sell, as EV service demands won't be making as much $$ as ICE's)
Today's online price for an OEM GV70 traction battery is $28K plus tax, shipping, etc.
Any crypto bettors want to put down for a guess on where battery prices will be when they actually do reach end-of-service in...how many years? Will it cost more, due to inflation, or less, due to a mature battery production industry being competitive and more efficient?
I get land-line car-warranty calls often. They hang up instantly when I say "Our cars are all-electric." Maybe once the insurance companies' actuaries have a few years of data they will offer some kind of battery coverage.