Whats the G70 pricing already !!

[GV70GUY]

Anyone notice all the stinger commericials? I'm seeing the same one several times a day.

 

[EdP]

Anyone notice all the stinger commericials? I'm seeing the same one several times a day.

I've been seeing them but does anyone under 60 know who Emerson Fittapaldi is? The 167 is impressive though.

 

[Mark_888]

It seems like some hard info should be available fairly soon, no? Time is approaching when they were supposed to be making the cars available. Even with a revised release date of June or so, you'd think they would have determined pricing by now. Maybe they're waiting for some auto show reactions and results of Stinger's marketing to determine how likely customers are to show interest? Honestly, I think a lot of this is like Tarot cards -- somebody makes a WAG and puts it on the window sticker. Within 6 months or so, any corrections that are needed are put into effect. Sales low? Offer steeper discounts below MSRP. Sales brisk? Bump up MSRP for the next model year.

In the past, I don't recall exact pricing to be revealed until the cars went on sale, and the prices were on the website. There is no reason that I know of to reveal that info in advance, and they always want to make sure they have the latest marketing information available when prices are set.

I don't know why people think they have the cars, the pricing, and everything else done way in advance, and are just sitting around waiting until some future date to reveal. Having been involved in the creation of new products, things are usually chaos until the last second.

 

[GV70GUY]

In the past, I don't recall exact pricing to be revealed until the cars went on sale, and the prices were on the website. There is no reason that I know of to reveal that info in advance, and they always want to make sure they have the latest marketing information available when prices are set.

I don't know why people think they have the cars, the pricing, and everything else done way in advance, and are just sitting around waiting until some future date to reveal. Having been involved in the creation of new products, things are usually chaos until the last second.

This is true many companies don't reveal pricing until the actual release to the public, sometimes it's final number crunching sometimes they want the shock and awe factor if they know their pricing will be less than the competitors and less what the public expects. Or if a competitor is releasing a similar product wait until they do to see what their pricing will be.

 

[BlancaGenny]

I mean if you look at the prices between the g80 and g90 there is no overlap whatsoever so I guess it wouldn’t be wrong to assume they would want the same thing for the g70 vs g80.

There will be overlap lol the highest price difference with the G80 and G90 is $14k. Genesis left zero room to price the G70 much lower than the G80. I do not see them starting under $30k since the Stinger starts at $32k. The G80 starts at $41k and the G90 starts at $68k. That's a $27k difference. So where does the G70 fit into all of that?

Edit: take a look at this - https://www.reddit.com/r/cars/comments/70hm93/genesis_g70_korean_prices_revealed/

Here's the link that converts the curreny. https://www.google.com/search?q=37,500,000 won to dollars&cad=h , https://www.google.com/search?ei=Rb....1.13.1508...0i8i30k1j0i22i30k1.0.H7f4YzEv3gY

37,500,000 Won puts the G70 starting at $34,700 roughly. 52,300,000 won converts to $48,683 with their top trim level.

Someone correct me if they know but I believe they already are on sale in Korea. I'm not saying this is factual as Reddit is an open source but, if it is, there ya go!

 

[devellis]

There will be overlap lol the highest price difference with the G80 and G90 is $14k. Genesis left zero room to price the G70 much lower than the G80. I do not see them starting under $30k since the Stinger starts at $32k. The G80 starts at $41k and the G90 starts at $68k. That's a $27k difference. So where does the G70 fit into all of that?

Edit: take a look at this - https://www.reddit.com/r/cars/comments/70hm93/genesis_g70_korean_prices_revealed/

Here's the link that converts the curreny. https://www.google.com/search?q=37,500,000 won to dollars&cad=h , https://www.google.com/search?ei=Rb....1.13.1508...0i8i30k1j0i22i30k1.0.H7f4YzEv3gY

37,500,000 Won puts the G70 starting at $34,700 roughly. 52,300,000 won converts to $48,683 with their top trim level.

Someone correct me if they know but I believe they already are on sale in Korea. I'm not saying this is factual as Reddit is an open source but, if it is, there ya go!

No guarantee that the US price will be the same (after currency conversion) as the Korean price. In addition to the extra costs associated with selling in the US market (including transportation), companies generally don't have equivalent pricing in different regions. A lot of European cars cost considerably more in the US, for example, than in their home markets. And at least in the past, some US cars cost a lot more outside of the US. Manufacturers are free to charge more, the same, or less in any two markets. It's a matter of determining what they think customers are willing to spend.

Their goal is to maximize profits, which is a balancing act between getting as much as possible for each sale and getting as many sales as possible. Higher prices benefit the former while lower prices benefit the latter. This all is a fair bit trickier with a new model of a relatively new brand. Demand tends to be low because of unfamiliarity, except for the relatively few people who are enthusiasts and have already discovered the brand and researched the new model. So, I think what most of us are wondering is what sort of strategy Genesis will adopt to stimulate interest in the brand. Will they price on the high end hoping that suddenly a lot of people will notice and be attracted to the new model, or will they price aggressively low as a way of attracting customers away from their competitors? As of now, nobody really knows for sure. The US is a large market. They may intentionally be delaying the US release (getting all their ducks in a row last for the US unveiling) to see how the car fares elsewhere so that those experiences can inform their US pricing strategy. I suspect they're also running focus groups around their planned advertising to gauge consumer interest. They'll also probably want to gin up interest in the US automotive press. So, there are a lot of factors that will impact their final pricing decisions. A straight currency conversion from another market is certainly a valuable data point but it's unlikely to be an accurate estimate of US pricing.

 

[Mark_888]

No guarantee that the US price will be the same (after currency conversion) as the Korean price. In addition to the extra costs associated with selling in the US market (including transportation), companies generally don't have equivalent pricing in different regions. A lot of European cars cost considerably more in the US, for example, than in their home markets. And at least in the past, some US cars cost a lot more outside of the US. Manufacturers are free to charge more, the same, or less in any two markets. It's a matter of determining what they think customers are willing to spend.

Their goal is to maximize profits, which is a balancing act between getting as much as possible for each sale and getting as many sales as possible. Higher prices benefit the former while lower prices benefit the latter. This all is a fair bit trickier with a new model of a relatively new brand. Demand tends to be low because of unfamiliarity, except for the relatively few people who are enthusiasts and have already discovered the brand and researched the new model. So, I think what most of us are wondering is what sort of strategy Genesis will adopt to stimulate interest in the brand. Will they price on the high end hoping that suddenly a lot of people will notice and be attracted to the new model, or will they price aggressively low as a way of attracting customers away from their competitors? As of now, nobody really knows for sure. The US is a large market. They may intentionally be delaying the US release (getting all their ducks in a row last for the US unveiling) to see how the car fares elsewhere so that those experiences can inform their US pricing strategy. I suspect they're also running focus groups around their planned advertising to gauge consumer interest. They'll also probably want to gin up interest in the US automotive press. So, there are a lot of factors that will impact their final pricing decisions. A straight currency conversion from another market is certainly a valuable data point but it's unlikely to be an accurate estimate of US pricing.

Historically, the Genesis, Equus, G80, and G90 have cost more in Korea than in the USA, going all the way back to 2009. However, in the last year or so, the USA dollar has gotten a lot weaker in foreign exchange, so that makes it harder to sell for less in the USA. But they are commited to building the Genesis brand in the USA, and that may mean keeping prices as low as possible to build market share.

 

[devellis]

Historically, the Genesis, Equus, G80, and G90 have cost more in Korea than in the USA, going all the way back to 2009. However, in the last year or so, the USA dollar has gotten a lot weaker in foreign exchange, so that makes it harder to sell for less in the USA. But they are commited to building the Genesis brand in the USA, and that may mean keeping prices as low as possible to build market share.

That makes sense. Also, good to know the historical trend for US vs. Korea. Thanks for posting this information.

 

[BlancaGenny]

No guarantee that the US price will be the same (after currency conversion) as the Korean price. In addition to the extra costs associated with selling in the US market (including transportation), companies generally don't have equivalent pricing in different regions. A lot of European cars cost considerably more in the US, for example, than in their home markets. And at least in the past, some US cars cost a lot more outside of the US. Manufacturers are free to charge more, the same, or less in any two markets. It's a matter of determining what they think customers are willing to spend.

Their goal is to maximize profits, which is a balancing act between getting as much as possible for each sale and getting as many sales as possible. Higher prices benefit the former while lower prices benefit the latter. This all is a fair bit trickier with a new model of a relatively new brand. Demand tends to be low because of unfamiliarity, except for the relatively few people who are enthusiasts and have already discovered the brand and researched the new model. So, I think what most of us are wondering is what sort of strategy Genesis will adopt to stimulate interest in the brand. Will they price on the high end hoping that suddenly a lot of people will notice and be attracted to the new model, or will they price aggressively low as a way of attracting customers away from their competitors? As of now, nobody really knows for sure. The US is a large market. They may intentionally be delaying the US release (getting all their ducks in a row last for the US unveiling) to see how the car fares elsewhere so that those experiences can inform their US pricing strategy. I suspect they're also running focus groups around their planned advertising to gauge consumer interest. They'll also probably want to gin up interest in the US automotive press. So, there are a lot of factors that will impact their final pricing decisions. A straight currency conversion from another market is certainly a valuable data point but it's unlikely to be an accurate estimate of US pricing.

This information is probably accurate but true prices will be had by the dealerships and whenever they go online to build configurations. The numbers for the lowest trim are, IMO, very accurate. This will be a car that starts about $3k above the Stinger, which it should. The confusing part is the top trim level at $48k. I would imagine that have packages that can be had for extra $$$ and that will raise the price over the $48k. There is NO way that the top trim will be $4k under the GT2 AWD Stinger. Not possible. Not in a million years.

Time will tell...

 

[Bamm1]

This information is probably accurate but true prices will be had by the dealerships and whenever they go online to build configurations. The numbers for the lowest trim are, IMO, very accurate. This will be a car that starts about $3k above the Stinger, which it should. The confusing part is the top trim level at $48k. I would imagine that have packages that can be had for extra $$$ and that will raise the price over the $48k. There is NO way that the top trim will be $4k under the GT2 AWD Stinger. Not possible. Not in a million years.

Time will tell...

To further muddy the waters we have the 2019 Kia Stinger GT Atlantica. With the 4 features that were removed from the US model returned. Plus an interior trim and exterior color only offered outside the US. Limited to 500 units. What will the Atlantica cost? Will it be the same as the top trim G70 with AWD? Or will the top G70 come in under the new limited edition Stinger? Will the top spec G70 have more "features and amenities" (360 camera, rear heated seats, wireless charging, etc.) plus quilted leather, etc.? Sounds like there is a good chance they will be released around the same time.

reference:
https://www.kiamedia.com/us/en/medi...-unique-features-to-kias-fastback-sport-sedan

______________________________

Help support this site so it can continue supporting you!

 

[BlancaGenny]

To further muddy the waters we have the 2019 Kia Stinger GT Atlantica. With the 4 features that were removed from the US model returned. Plus an interior trim and exterior color only offered outside the US. Limited to 500 units. What will the Atlantica cost? Will it be the same as the top trim G70 with AWD? Or will the top G70 come in under the new limited edition Stinger? Will the top spec G70 have more "features and amenities" (360 camera, rear heated seats, wireless charging, etc.) plus quilted leather, etc.? Sounds like there is a good chance they will be released around the same time.

reference:
https://www.kiamedia.com/us/en/medi...-unique-features-to-kias-fastback-sport-sedan

Why would KIA do this? They already have models outside of the U.S with the features excluded specifically for the U.S.. So they are going to charge a premium for basically a color scheme and interior? Then what will KIA do for the 2019 model year with top trim levels? Exclude the 360-camera, wireless charging, etc. again?

Honestly, this makes no sense. I am very good at seeing other perceptions and understanding why someone would do some of the things they choose but this one, I can't. KIA will be bringing the options to us eventually. But for now, keep it limited to 500 units and charge a premium for it? When the model year comes out that has all of the features, where would it be priced? Top trim is already $52k. Say this limited line is $60k... 2019 rolls around and they add the features to all GT2's, how much of a premium would that cost?

No KIA, just no.

 

[Mcc]

I don't know why they would know more than anyone else but Consumer Reports lists the pricing for the G70 as $35,000 - $50,000 Base MSRP range

 

[vinuneuro]

It's even more silly considering the car just came out recently.

 

[Toddasaurus]

Anybody get any pricing quotes up in Canada, considering you guys can pre-order it already?

 

[g70]

Anything a car salesman says, and what is actually true, is purely coincidental. Believe it or not, most car salesman are not car nuts, and don't really care what the price is until they have units are on the lot and ready to sell. The sales guy probably heard someone talking about it, and got confused about prices for the G70 2.2 T fully loaded, vs a G70 3.3 TT fully loaded.

There is no use trying to guess what the price is. Just wait until it is released.

That's because even the base trim G90's are very well equipped.

I suspect there will be some overlap between a base G80 ($41,750) and a fully loaded G70 with 3.3 TT. The top of the line Kia Stinger is $49,200.

Anybody get any pricing quotes up in Canada, considering you guys can pre-order it already?

I pre-ordered but no news here in Quebec yet.

 

[BlancaGenny]

I don't know why they would know more than anyone else but Consumer Reports lists the pricing for the G70 as $35,000 - $50,000 Base MSRP range

I think that's fair with two stipulations:

1. What are the features that come with the "base" model.
2. What are the features that come with the "base" top trim level and how much are the packages.

If they can make the 3.3TT Sport the top trim and have $5-$6k in options, that's enticing and within the $4-$5k increase stated earlier. $55k will be more than reasonable and I hope they do it.

 

[Mark_888]

I don't know why they would know more than anyone else but Consumer Reports lists the pricing for the G70 as $35,000 - $50,000 Base MSRP range

I suspect they got that from someone at Hyundai/Genesis. But given the round numbers, it is likely that not even Hyundai/Genesis knew for certain what the final numbers would be (which is to be expected).

 

[Bamm1]

I think that's fair with two stipulations:

1. What are the features that come with the "base" model.
2. What are the features that come with the "base" top trim level and how much are the packages.

If they can make the 3.3TT Sport the top trim and have $5-$6k in options, that's enticing and within the $4-$5k increase stated earlier. $55k will be more than reasonable and I hope they do it.

I am expecting the G70 "Sport/Top Trim" to be contented in similar fashion to the way the G80 Sport is vs. other G80 trim levels. There is only one option package on the G80 Sport: HTRAC (AWD + Heated Steering Wheel). Otherwise it has EVERY available option. I would think the top trim G70 would follow suit. So there shouldn't be 5-6K in options. Maybe one ~$2300 package that bundles AWD and a heated steering wheel. So the 50K price (or whatever it ends up at) should be the G70 Sport HTRAC with every single available option (this would obviously exclude accessories like a cargo liner, wheel locks, etc.).

The Stinger GT2 AWD is contented in this way as well.

 

[g70]

My salesman said he should have pricing news for me next week! And delivery in Canada is still on for April.

 

[BlancaGenny]

I am expecting the G70 "Sport/Top Trim" to be contented in similar fashion to the way the G80 Sport is vs. other G80 trim levels. There is only one option package on the G80 Sport: HTRAC (AWD + Heated Steering Wheel). Otherwise it has EVERY available option. I would think the top trim G70 would follow suit. So there shouldn't be 5-6K in options. Maybe one ~$2300 package that bundles AWD and a heated steering wheel. So the 50K price (or whatever it ends up at) should be the G70 Sport HTRAC with every single available option (this would obviously exclude accessories like a cargo liner, wheel locks, etc.).

The Stinger GT2 AWD is contented in this way as well.

The G80 Sport isn't the top trim level. There is the G80 5.0 Ultimate HTRAC (Sorry if the HTRAC is included with the Ultimate package, I'm not that educated on the 5.0 line). So if they made it similar to the G80, there would be a higher engine option or more options available. I think the Sport will have some packages available for it in addition to the HTRAC. The G80 Sport is quite similar to the Chevy SS when it comes to standard features. They both are well equipped without any packages. All that's available on the SS is a sunroof and/or spare tire. I'd like to see the G70 3.3 be well equipped in "base" form so that there aren't many packages to be had when buying one. However, if $50k is the "base" starting point for the 3.3, there will have to be some options/packages available. Again, there is NO way this car will top out under Stinger prices. ($52k)