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Hyundai Genesis Sedan 2009-

5692 messages,  Last post on Nov 25, 2009 at 6:02 AM

You are in the Hyundai Genesis Forum. Your Hosts are pat & karens

What is this discussion about? Hyundai Genesis, Hyundai Genesis Coupe, Concept Cars, Future Vehicle, Coupe, Sedan


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#1209 of 5692
Re: Genesis a disappointment at KC Auto Show [lookylou1] by paisan
Mar 10, 2008 (6:38 pm)
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Replying to: lookylou1 (Mar 10, 2008 6:31 pm)

Did you think that Hyundai would keep the Sonata price low for no reason? Now that it's up to par with Honda and Toyota, they'll sell it for what the market will bear. One of the corner principles of a capitalist/free market economy!
 
-mike
Motorsports and Modifications Host
#1210 of 5692
Re: Genesis a disappointment at KC Auto Show [paisan] by lookylou1
Mar 10, 2008 (7:18 pm)
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Replying to: paisan (Mar 10, 2008 6:38 pm)

The key phrase in your retort is "what the market will bear." The market will not pay the same price for a Sonata as they will for an Accord or Camry until Hyundai's resale value equals those two proven sedans. IMO Hyundai is getting ahead of itself with its '09 Sonata pricing.
 
The Genesis is priced $15-20K below what it is supposedly worth for that very reason.
#1211 of 5692
Some info leaked... by bigelm
Mar 10, 2008 (8:36 pm)
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Here's Hyundai's price point on the Genesis packages. Not sure if this is allowed so please forgive me if this violates the rules.
 
http://www.autospies.com/images/users/Agent001/Hyundai-Genesis-Pricing/SNAG-0000- %203-10-2008.jpg
#1212 of 5692
Re: Genesis a disappointment at KC Auto Show [lookylou1] by allmet33
Mar 11, 2008 (6:01 am)
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Replying to: lookylou1 (Mar 10, 2008 6:31 pm)

Actually...don't take exception to the Genesis being up on the hands-off display. Most companies have done that with their vehicles that aren't actually ready to drop until later on. Buick did the same with the Enclave, Lincoln did it with the upcoming MKZ and Pontiac followed suit with the G8 here at the DC Auto Show last year. This year...the Enclave was down on the floor where folks could get in it, but since the G8, MKZ and Genesis aren't exactly going into show rooms until sometime around summer or shortly after...they were all on the hands-off display.
 
I don't think the idea is to hide anything from the public...look at the Enclave for instance. One year it's up on the hands-off display, then it's in show rooms and it gets rave reviews. I think it's more about keeping the mystique going...show a little, but not everything. Make potential buyers go to the show rooms and check it out fully...then there will be a greater chance of one buying.
 
As far as the Sonata goes...don't know what Hyundai is thinking.
#1213 of 5692
Re: Genesis a disappointment at KC Auto Show [lookylou1] by backy
Mar 11, 2008 (6:04 am)
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Replying to: lookylou1 (Mar 10, 2008 7:18 pm)

The 2009 Sonata is still priced about $1500-2000 +- less than comparably-equipped CamCords. Plus you can bet that once the 2008s are gone, some form of incentives will reappear on the Sonatas, putting the price effectively $3000+ less than CamCords. Plus there's the long warranty, which you don't get for free with CamCords. Given the competitive performance and quality of the 2009 Sonata, I think that kind of pricing is plenty competitive.
 
I find it interesting when people complain (sometimes in the same post) about prices going up on Hyundais and their historically lower resale value compared to Honda and Toyota. You won't see jumps in resale value without corresponding increases in up-front price. Money still doesn't magically appear out of thin air, no matter how much we wish it would.
 
We don't know the actual pricing of the Genesis yet, so to say it's priced $15-20k below what it's worth is premature.
#1214 of 5692
Re: Genesis a disappointment at KC Auto Show [allmet33] by backy
Mar 11, 2008 (6:08 am)
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Replying to: allmet33 (Mar 11, 2008 6:01 am)

Some of the luxury cars that ARE available for sale now were locked up at the Twin Cities auto show this weekend. I noticed also, for example, Chevy wasn't letting anyone sit in the Camaro that was on display, and Dodge wasn't letting anyone sit in the Challenger. Both were on pedestals. Shoot, Honda had a 2008 Accord LX-P locked up, on a pedestal (I noticed that only leather-trimmed Accords were open for sitting in--no lesser trims were open, on the floor. Hmm....) It's just what goes on at these shows.
#1215 of 5692
Re: Genesis a disappointment at KC Auto Show [backy] by allmet33
Mar 11, 2008 (6:16 am)
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Replying to: backy (Mar 11, 2008 6:04 am)

What some fail to realize too...the prices on the competition go up too.
#1216 of 5692
Re: Genesis a disappointment at KC Auto Show [backy] by allmet33
Mar 11, 2008 (6:20 am)
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Replying to: backy (Mar 11, 2008 6:08 am)

Well...here at the DC Auto Show...Benz had plenty of cars open for folks to climb in, however...there were quite a few that weren't. Porsche...same thing and same can be said of Audi, Volvo and Cadillac. The point is...they NEVER make every car available for folks to climb into.
 
The Camaro hasn't hit the streets yet, neither has the Challenger. As far as Honda goes...would you want a lesser trimmed cloth interior vehicle open to thousands of folks climbing in and out of it??? I think not.
 
There is plenty that goes on at the shows, but again...it's nothing to take exception to. It's just a case of not wanting to tip their hand and make potential buyers want to go take a look at it as well as maybe even a test drive.
#1217 of 5692
Re: Genesis a disappointment at KC Auto Show [allmet33] by backy
Mar 11, 2008 (6:29 am)
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Replying to: allmet33 (Mar 11, 2008 6:20 am)

...would you want a lesser trimmed cloth interior vehicle open to thousands of folks climbing in and out of it??? I think not.
 
Didn't seem to be a problem for Toyota (base Camry on the floor), Hyundai (base Sonata), Mercury (base Milan), Chevy (base Malibu), Saturn (base Aura) etc. What I suspect is that Honda realizes that its EX-L cars look much nicer inside than the LX and LX-P, so they decided to put their best foot foward. I appreciated being able to check out the base models of the competition, however.
 
And although the Genesis was on a rotating pedestal, all of its doors were open so we could at least get a good look inside.
#1218 of 5692
Re: Some info leaked... [bigelm] by leovincecarguy
Mar 11, 2008 (7:42 am)
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Replying to: bigelm (Mar 10, 2008 8:36 pm)

Bigelm:
 
Great info, so let's hope the Genesis makes it to the dealers priced in these ranges. If the fit and finish is there and the car drives well, I will spring for a V8 version. At $38-40K the car will be a bargain very similar in value to the original Lexus LS400 back in 1989. Now then will the resale values continue to improve as the product has?

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