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Reliability & Resale in Five Years for G70 & GV70

average joe

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I really like the G70 and GV70, but struggle with the 90s Hyundai dealership vibe. Like so many others, I just worry about the reliability, resale, service, warranty repairs (if needed) at these dealerships, as well as the resale value five years down the road in comparison to say the Telluride (which seems to be well on it's way to having good reliability/resale based on there. years of stellar reviews and trends thus far with supply/demand...I realize resale prices are currently inflated due to supply chain issues), and other brands historically known for reliability/resale like Lexus, Toyota, and Acura. I'm also concerned about the potential cost of turbo related engine issues from a fledgling brand in comparison to naturally aspirated engines, as well as all the tech in these vehicles (a dealership told me that there are essentially 70 computers on these vehicles). That said, I absolutely love what I see and feel from the G70 and GV70. I'm just afraid to pull the trigger in comparison to say the Telluride (seemingly safer resale proposition), MDX, or Lexus IS 350/500 for the reasons listed above. Would love to get thoughts on the reliability/resale concerns for someone that purchases cars and typically keeps them for a long time. I realize the warranty is the best in the business, but is it enough to prevent all significant repair costs during the warranty period, while also supporting competitive resale (inside of fsix years)? Have others come to conclusions based on similar analysis?
 
The brand and its models are still too young for anyone to give you a proper answer on this. None of us know.

However what we do know is that genesis gives you a 10 year powertrain warranty in the US. And given what we know about the g70, genesis really developed and tuned it on the side of longevity.

To me, genesis clearly sat down at the table and discussed the problem of people questioning the longevity and reliability of their brand. Their solution was the warranty, them effectively saying we stand behind these products and you don't need to worry. I wouldn't be too concerned about that.

Now, dealership experience is a different story. It's best to assume that you will receive Hyundai level treatment when buying a genesis. You will not be treated as well as you would be at a german car service center.

Service and warranty are a mixed bag like with any manufacturer. Really depends on the dealership and the type of day they are having. I've been to three different dealerships and had vastly different experiences.

I also wouldn't be too concerned about the turbos. Most vehicles have a turbo now, especially if they are sporty. It's kind of just a reality now, and I personally compare them to transmissions in terms of longevity.

With that being said, I don't think you have much to worry about. These cars were built to be reliable, and the dealership/service/warranty experience is not so bad.

Just pick a vehicle that you like now and don't be so concerned about factors that may not even matter a few years down the road!
 
I really like the G70 and GV70, but struggle with the 90s Hyundai dealership vibe. Like so many others, I just worry about the reliability, resale, service, warranty repairs (if needed) at these dealerships, as well as the resale value five years down the road in comparison to say the Telluride (which seems to be well on it's way to having good reliability/resale based on there. years of stellar reviews and trends thus far with supply/demand...I realize resale prices are currently inflated due to supply chain issues), and other brands historically known for reliability/resale like Lexus, Toyota, and Acura. I'm also concerned about the potential cost of turbo related engine issues from a fledgling brand in comparison to naturally aspirated engines, as well as all the tech in these vehicles (a dealership told me that there are essentially 70 computers on these vehicles). That said, I absolutely love what I see and feel from the G70 and GV70. I'm just afraid to pull the trigger in comparison to say the Telluride (seemingly safer resale proposition), MDX, or Lexus IS 350/500 for the reasons listed above. Would love to get thoughts on the reliability/resale concerns for someone that purchases cars and typically keeps them for a long time. I realize the warranty is the best in the business, but is it enough to prevent all significant repair costs during the warranty period, while also supporting competitive resale (inside of fsix years)? Have others come to conclusions based on similar analysis?
As a young brand, difficult to predict resale in five years. OTOH, you do have warranty coverage backed by a huge corporation so that should not be a worry.
As for the turbos, who makes them? You do know that many parts are bought from other companies and good chance the turbo is made by the same supplier to a dozen other brands. I know Borg Warner has supplied some, a reputable company.
Warranty was one of the reasons I bough my first Hyundai/Genesis vehicle and have now owned five of them with no serious problems.
 
If you're looking at any luxury vehicle you should be prepared for poor resale value.
Lexus and Acura are probably the two exceptions to that rule wouldn’t you say? I was under the assumption they hold value like Toyota and Honda due to historical reliability and perceived lower cost of ownsership compared to other premium/luxury brands.
 
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I'm also concerned about the potential cost of turbo related engine issues from a fledgling brand in comparison to naturally aspirated engines,
I read a while back in you have a turbo engine, it's a good idea to not use it at the of your drive. Easy throttle for maybe the last mile or so and even let the engine idle a minute or so before shutting down if you drove it hard.
 
To me, genesis clearly sat down at the table and discussed the problem of people questioning the longevity and reliability of their brand. Their solution was the warranty, them effectively saying we stand behind these products and you don't need to worry. I wouldn't be too concerned about that.

I mean.. Hyundai and Kia have had that exact same 5/60 & 10/100 warranty for a LONG time now, so it isn't like Genesis is anything special in that regards relative to Hyundai. But I do agree that especially for first time owners, it is a nice perk.
 
I read a while back in you have a turbo engine, it's a good idea to not use it at the of your drive. Easy throttle for maybe the last mile or so and even let the engine idle a minute or so before shutting down if you drove it hard.
For older turbos oil cooled, yes. For modern turbos, not needed.
 
Yup. Garrett/Honeywell are the same thing when it comes to turbos.

Here is a picture of the replacement I bought for the driver's side turbo back when I replaced mine.

IMG_20190918_195851.webp
 
I think we’ve hit a plateau for cars similar to that of cellphones. Cellphones used to make significant improvements year to year and there was a noticeable gap in performance between high end and low end phones. Now your cheap entry level phone can handle anything you throw at it.

I think cars have reached a similar situation. There used to be significant differences between your luxury brands and economy brands. There were significant and noticeable differences in reliability between brands. I’d say from 2010 onwards that gap has been shrinking and from 2016 onwards it’s negligible.

The adage of only Honda’s and Toyota’s being the only reliable brands rings less true in modern times. Modern technology, manufacturing, materials, and supply chain have made all cars reliable for the lifespan of an average driver. Realistically the majority of people are not driving there cars for 10+ years with over 200k miles. Once you get on the extreme ends, sure only a few brands can make it, but practically speaking it doesn’t matter.
 
I think we’ve hit a plateau for cars similar to that of cellphones. Cellphones used to make significant improvements year to year and there was a noticeable gap in performance between high end and low end phones. Now your cheap entry level phone can handle anything you throw at it.

I think cars have reached a similar situation. There used to be significant differences between your luxury brands and economy brands. There were significant and noticeable differences in reliability between brands. I’d say from 2010 onwards that gap has been shrinking and from 2016 onwards it’s negligible.

The adage of only Honda’s and Toyota’s being the only reliable brands rings less true in modern times. Modern technology, manufacturing, materials, and supply chain have made all cars reliable for the lifespan of an average driver. Realistically the majority of people are not driving there cars for 10+ years with over 200k miles. Once you get on the extreme ends, sure only a few brands can make it, but practically speaking it doesn’t matter.
Interesting point! I could be the minority though. LOL
 
It’s unlikely that a typical Kia dealer is going to be a better choice than a typical Hyundai/Genesis dealer.

In your case, OP, it seems that you should stick to your budget AND choose the most reputable dealer you can find for your service. In terms of your purchase, you can buy your vehicle anywhere based on your bargaining powers.
 
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