Who Preordered?

[stealthmr]

Thanks. I'm a big fan of Audi's Nardo Grey and this is the closest paint option to Nardo Grey that Genesis offers. I can't wait to see the colour in person on the G70.

 

[GenesisYEG]

Siberian Ice looks pretty close to Fashion Grey on a 911.

 

[stealthmr]

That colour looks great. I knew going in that Siberian Ice was going to be much lighter than Nardo Grey. Cant wait to see a car with Siberian Ice paint in person.

 

[vinuneuro]

There's nothing to be gained by pre-ordering. It's a Genesis, not a Tesla. The reason they've opened pre-orders before releasing pricing is to gauge interest. The higher number of pre-orders, the higher the price will be.

 

[Buckdes]

There is a 1000 dollar discout or lower finance rates when preordering and i think that is worth the refundable deposit

 

[Mcc]

There's nothing to be gained by pre-ordering. It's a Genesis, not a Tesla. The reason they've opened pre-orders before releasing pricing is to gauge interest. The higher number of pre-orders, the higher the price will be.

I don’t think they are going to base the msrp for all of 2019 on initial the number of reorders. Keep n mind that those preorders are refundable so if the price it wrong they will end up with no firm orders. More likely I think they are trying to gauge the initial demand for manufacturing and give prospective buyers something/anything to keep them going.

 

[vinuneuro]

I don’t think they are going to base the msrp for all of 2019 on initial the number of reorders. Keep n mind that those preorders are refundable so if the price it wrong they will end up with no firm orders. More likely I think they are trying to gauge the initial demand for manufacturing and give prospective buyers something/anything to keep them going.

If they were trying to gauge demand for the purpose of production, pre-orders would have been opened after pricing was released so that it was accurate. They won't base their pricing purely on pre-orders, but imho it will be a factor.

 

[devellis]

I think part of the reason for doing preorders is to get people to make at least a partial commitment to the purchase. The more a person spends time imagining himself or herself in a particular situation (like owning a particular car), the more likely they are to follow through. It's not an absolute by any means, but research does show that making a "pre-commitment" leads to more eventual purchases. Also, coming up with the balance creates the feel of actually spending less than coming up with the full amount all at once. A bit of behavioral economics at work.

 

[Mcc]

I think part of the reason for doing preorders is to get people to make at least a partial commitment to the purchase. The more a person spends time imagining himself or herself in a particular situation (like owning a particular car), the more likely they are to follow through. It's not an absolute by any means, but research does show that making a "pre-commitment" leads to more eventual purchases. Also, coming up with the balance creates the feel of actually spending less than coming up with the full amount all at once. A bit of behavioral economics at work.

Devellis, I think you are exactly on the right track. It is not necessarily some nefarious scheme to see if they can boost up the price, it is, as you say, behavioral economics at work.

 

[GenesisYEG]

Devellis, I think you are exactly on the right track. It is not necessarily some nefarious scheme to see if they can boost up the price, it is, as you say, behavioral economics at work.

Correct. Pricing isn't based on # of pre-orders -- it is to get commitment and more sales. Pre-orders are incentivized until the end of the month, in which the lease/finance rates will increase. The pricing is more less set +/- $1000 but needs to get official approval from Korea to release.

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[FeisarG70S]

My first forum post... I found this conversation interesting and wanted to contribute my thinking in the last few months.

I did put in a pre-order for a Siberian Ice 3.3T Sport.

The G70 and the Stinger may have not been designed to be competitors... but that's how it has shaped up for me. I may still go for a Stinger depending on where that MSRP lands. I see them as competitive because they're similar performance for the money, they're AWD sedans, similar electronics and infotainment systems, etc. At the moment I personally like the G70 more but my wife is trying to pull me to the Stinger. We have one 5 year old. Only child.

I guess my only concern is that intent of competition or not - Genesis should be careful about pricing this car too far outside the Stinger GT2 range. I've sat in both and while I agree the interior of the G70 is superior (and again I personally like it more) - you kind of have to remember we are talking about the category of "entry level luxury sedan". Entry level being the key word. Both cars meet the standards of that requirement. As an example : TLX is vastly inferior to both cars in interior quality but Acura is going to sell some 50,000 dollar TSX's for sure. My point is that while there is a difference between G70 and Stinger in interior quality - relatively speaking it's not much. I also don't care nearly as much about one being a 6 inch longer sport back and one being a sedan. Stinger has a more practical trunk and more rear legroom and Genesis should handle better. That's just a pro and a con for each not a reason to completely eliminate one from a list. Sometimes companies get caught thinking a consumer behaves in a completely binary way - and they just don't. We are talking about 2 cars that share quite a bit of their 'soul' with one another, I think. I think judging by how often the Stinger is brought up in the same breath as the G70 people are quite aware of that fact - and Genesis should be aware of it too and not pretend they aren't in any competition with each other at all. Kia made a pretty bold pricing move in Canada and I don't think Genesis would be wise to simply ignore it.

One last point - the lead contact at the Genesis dealer I've spoken with is a sharp guy. All things being equal, he is a great differentiator VS the Kia dealership experience.

This deposit holds interest until I'm ready to buy a little further into spring / early summer. Looking forward to it.

Thanks guys.

 

[GenesisYEG]

RE: Pricing. Please message me directly if you have pre-ordered with me or if you are interested in pre-ordering a G70!

 

[rroyce46]

Oh?

[video=youtube;0MXbVOOt_TU]https://www.youtube.com/watch?v=0MXbVOOt_TU[/video]


Sure, you can get a deal on the Stinger. You also pay more in interest, pay for maintenance, have to waste your time in the dealership to get your vehicle serviced, don't get Genesis courtesy vehicles, have worse build quality, have a less ergonomic interior design, and get a slower vehicle overall.

The Stinger and G70 are similar yet different. Buy whichever car suits your needs (e.g. practicality vs. luxury/performance). Both are designed with different goals in mind. Both are great cars.

Please substantiate your comment about Stinger having "worse build quality".
I have a 2016 Genesis Luxury that I bought 2 months ago with 11000 Kilometers.
Really like the car but it has panorama roof rattles & has been back to Hyundai Gallery Calgary twice
to try & fix.I drove Kia's for 5 years,a 2013 Rio SX bought new & a 2015 Forte Turbo Koup bought 18 months old from the Porsche dealer in Edmonton also with 11000 Kilometers.
Neither had rattles & it was the great Kia experience that led me to buying a Genesis.
I can tell you as a 7 year retired 31 year veteran Mercedes/Porsche Sales/Manager in Calgary it's never a good idea
to knock your competitor.

 

[Buckdes]

Please substantiate your comment about Stinger having "worse build quality".
I have a 2016 Genesis Luxury that I bought 2 months ago with 11000 Kilometers.
Really like the car but it has panorama roof rattles & has been back to Hyundai Gallery Calgary twice
to try & fix.I drove Kia's for 5 years,a 2013 Rio SX bought new & a 2015 Forte Turbo Koup bought 18 months old from the Porsche dealer in Edmonton also with 11000 Kilometers.
Neither had rattles & it was the great Kia experience that led me to buying a Genesis.
I can tell you as a 7 year retired 31 year veteran Mercedes/Porsche Sales/Manager in Calgary it's never a good idea
to knock your competitor.

From what i have seen in reviews and other owner comments is that in the last 2 years there has been a pretty good jump in quality regarding the Genesis brand

- - - Updated - - -

My first forum post... I found this conversation interesting and wanted to contribute my thinking in the last few months.

I did put in a pre-order for a Siberian Ice 3.3T Sport.

The G70 and the Stinger may have not been designed to be competitors... but that's how it has shaped up for me. I may still go for a Stinger depending on where that MSRP lands. I see them as competitive because they're similar performance for the money, they're AWD sedans, similar electronics and infotainment systems, etc. At the moment I personally like the G70 more but my wife is trying to pull me to the Stinger. We have one 5 year old. Only child.

I guess my only concern is that intent of competition or not - Genesis should be careful about pricing this car too far outside the Stinger GT2 range. I've sat in both and while I agree the interior of the G70 is superior (and again I personally like it more) - you kind of have to remember we are talking about the category of "entry level luxury sedan". Entry level being the key word. Both cars meet the standards of that requirement. As an example : TLX is vastly inferior to both cars in interior quality but Acura is going to sell some 50,000 dollar TSX's for sure. My point is that while there is a difference between G70 and Stinger in interior quality - relatively speaking it's not much. I also don't care nearly as much about one being a 6 inch longer sport back and one being a sedan. Stinger has a more practical trunk and more rear legroom and Genesis should handle better. That's just a pro and a con for each not a reason to completely eliminate one from a list. Sometimes companies get caught thinking a consumer behaves in a completely binary way - and they just don't. We are talking about 2 cars that share quite a bit of their 'soul' with one another, I think. I think judging by how often the Stinger is brought up in the same breath as the G70 people are quite aware of that fact - and Genesis should be aware of it too and not pretend they aren't in any competition with each other at all. Kia made a pretty bold pricing move in Canada and I don't think Genesis would be wise to simply ignore it.

One last point - the lead contact at the Genesis dealer I've spoken with is a sharp guy. All things being equal, he is a great differentiator VS the Kia dealership experience.

This deposit holds interest until I'm ready to buy a little further into spring / early summer. Looking forward to it.

Thanks guys.

I agree with you completely, i have also cross shopped the stinger and a Bmw m240 and i can get into each one for almost the same payments even though the bimmer will have a year longer finance term.. But from what i have seen of the Stinger i was very impressed ut that car is too damn big for me as even the g70 is at my limit.. the pricing will be really close since from what i have experienced anyway, my Kia dealership will not budge on price (similar to Genesis i guess ) but after freight and dealer fees on top of the 52000 cad price tag for the stinger you are looking very very close to G70 pricing.

 

[GenesisYEG]

Please substantiate your comment about Stinger having "worse build quality".
I have a 2016 Genesis Luxury that I bought 2 months ago with 11000 Kilometers.
Really like the car but it has panorama roof rattles & has been back to Hyundai Gallery Calgary twice
to try & fix.I drove Kia's for 5 years,a 2013 Rio SX bought new & a 2015 Forte Turbo Koup bought 18 months old from the Porsche dealer in Edmonton also with 11000 Kilometers.
Neither had rattles & it was the great Kia experience that led me to buying a Genesis.
I can tell you as a 7 year retired 31 year veteran Mercedes/Porsche Sales/Manager in Calgary it's never a good idea
to knock your competitor.

Simple -- I've been in both vehicles. You can tell the quality by looking at it and feeling it -- it is very obvious the G70 has better build quality and materials by a considerable margin (material quality/touch and feel, panel gaps, interior design and element placement, etc). Rattles are one thing I haven't experienced yet so I won't comment on those.

It isn't a sleight on the Stinger at all. Rather, it is a complement that they have a vehicle that is quite competitive! However, the G70 was intentionally designed to be the superior vehicle in terms of luxury and performance with no compromises in those two regards whereas the Stinger does compromise slightly in order to fit a more aggressive price bracket. It is what it is and they both cater to slightly different audiences.

 

[jailer]

I agree with you completely, i have also cross shopped the stinger and a Bmw m240 .

Not knocking you buck...... but why are you cross shopping these two completely different class and size cars ? The stinger is like the size of a 6 series or at least the 5.

 

[Buckdes]

Not knocking you buck...... but why are you cross shopping these two completely different class and size cars ? The stinger is like the size of a 6 series or at least the 5.

Very good question lol

I have no idea what type of car i want , i am coming from a BMW 335 so i test drove a M240i and loved it, lots of power and looks great along with perfect size but zero features and interior is sub par. Stinger looks amazing and feature set comparable to the G70 but large exterior but love the look and the interior space. G70 seems like perfect middle ground. Basically i want the best AWD car i can get for around 60000 so thats the reason for cross shopping but if the G70 is not amazing i will wait for a good deal on a M240 or Gla45

 

[GenesisYEG]

Not knocking you buck...... but why are you cross shopping these two completely different class and size cars ? The stinger is like the size of a 6 series or at least the 5.

Stinger is a tweener between the G70 and G80. G80 is definitely comparable to a 5 Series.

 

[jailer]

Very good question lol

I have no idea what type of car i want , i am coming from a BMW 335 so i test drove a M240i and loved it, lots of power and looks great along with perfect size but zero features and interior is sub par. Stinger looks amazing and feature set comparable to the G70 but large exterior but love the look and the interior space. G70 seems like perfect middle ground. Basically i want the best AWD car i can get for around 60000 so thats the reason for cross shopping but if the G70 is not amazing i will wait for a good deal on a M240 or Gla45

Yeah the G70 I think will be a better car, maybe not by much, but the pricing will be stiff for a while I would imagine since it is just being released. Since BMW is coming out with the G20 3 series they might start dealing alot more on the F30 340ix loaded. The Stinger would probably deal better much sooner than the G70 since it has already launched and currently a loaded GT2 AWD Turbo 6 for around $50k is what I am seeing. https://amexnetwork.truecar.com/con...lse&cancelOverlays=true&showColorOverlay=true

 

[YEH]

The G70 and the Stinger may have not been designed to be competitors... but that's how it has shaped up for me. I may still go for a Stinger depending on where that MSRP lands. I see them as competitive because they're similar performance for the money, they're AWD sedans, similar electronics and infotainment systems, etc. At the moment I personally like the G70 more but my wife is trying to pull me to the Stinger. We have one 5 year old. Only child.

I guess my only concern is that intent of competition or not - Genesis should be careful about pricing this car too far outside the Stinger GT2 range. I've sat in both and while I agree the interior of the G70 is superior (and again I personally like it more) - you kind of have to remember we are talking about the category of "entry level luxury sedan". Entry level being the key word. Both cars meet the standards of that requirement. As an example : TLX is vastly inferior to both cars in interior quality but Acura is going to sell some 50,000 dollar TSX's for sure. My point is that while there is a difference between G70 and Stinger in interior quality - relatively speaking it's not much. I also don't care nearly as much about one being a 6 inch longer sport back and one being a sedan. Stinger has a more practical trunk and more rear legroom and Genesis should handle better. That's just a pro and a con for each not a reason to completely eliminate one from a list. Sometimes companies get caught thinking a consumer behaves in a completely binary way - and they just don't. We are talking about 2 cars that share quite a bit of their 'soul' with one another, I think. I think judging by how often the Stinger is brought up in the same breath as the G70 people are quite aware of that fact - and Genesis should be aware of it too and not pretend they aren't in any competition with each other at all. Kia made a pretty bold pricing move in Canada and I don't think Genesis would be wise to simply ignore it.

Agree that Genesis shouldn't price the G70 significantly more than the Stinger; altho, would say that it applies more to the US market than the Canadian where Kia Canada priced the Stinger aggressively.

Simple -- I've been in both vehicles. You can tell the quality by looking at it and feeling it -- it is very obvious the G70 has better build quality and materials by a considerable margin (material quality/touch and feel, panel gaps, interior design and element placement, etc). Rattles are one thing I haven't experienced yet so I won't comment on those.

The G70 may have tighter panel gaps (since supposedly, Hyundai has its best assemblers building Genesis models, in particular, the G90), but I've been impressed by how tight the panel gaps have been in more mundane Kias like the Sorento and Optima.

It isn't a sleight on the Stinger at all. Rather, it is a complement that they have a vehicle that is quite competitive! However, the G70 was intentionally designed to be the superior vehicle in terms of luxury and performance with no compromises in those two regards whereas the Stinger does compromise slightly in order to fit a more aggressive price bracket. It is what it is and they both cater to slightly different audiences.

Agree that the Stinger was developed to a certain price-point (much like what the original Genesis sedan was - speaking of which, the starting MSRP of the Stinger is right around what the starting price of the Genesis was w/ the diff. being that the Kia has a turbo 4 as its base engine and the Genesis a NA V6).

But the interior of the G70 wouldn't have been as luxurious as its is if it weren't for one person working on the project who insisted that all the metal looking bits be actual metal (if there's one thing I would change for the interior of the Stinger is to make all the metal looking bits be actual metal instead of the current mishmash where it's a combo of aluminum and painted plastic).

Stinger is a tweener between the G70 and G80. G80 is definitely comparable to a 5 Series.

Much like how the 4 Series GC and A5/S5 are a tweener btwn the 3 and 5 Series and the A4 and A6, respectively.

Now, about the pricing, typically, a fastback/liftback bodystyle (which is usually on an extended version of the platform underpinning the 4-door) has a price premium - which would mean that the Stinger should be priced higher than the G70.

But the G70 has the more luxurious interior, a slight edge in performance, a luxury brand (and a dealer network in the works) and the added service/convenience amenities that go w/ a luxury brand - so the G70 makes up for its smaller footprint and 4-door bodystyle.

But Genesis needs to be careful in how much more they charge for the G70 in comparison to the Stinger, esp. for the US market where the Stinger is already treading close to the pricing on the Q50 (which is on the large end of the entry-sedan segment).

The base Stinger w/ 255HP starts at $32k.

The base Q50 w/ 208HP starts at $34k.

The Q50 w/ 300HP starts at $39k

The Stinger GT w/ 365HP starts at $38.3k.

The Q50 RS AWD w/ 400HP tops out at $53k - only $1,600 more than the Stinger GT2 AWD.

There have been a # of prospective Stinger GT2 buyers who's hearts were w/ the Stinger, but ended up opting for the Q50 RS b/c the lease deals were so much better.