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Hyundai Genesis Sedan 2009-

5666 messages,  Last post on Nov 11, 2009 at 6:03 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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#3629 of 5666
Re: check this out [stephen987] by allmet33
Nov 13, 2008 (1:29 pm)
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Replying to: stephen987 (Nov 13, 2008 1:22 pm)

The media at it's best! We don't know exactly what happened, we don't even know if it was a full production model car even though they come out in Korea before they come here.
 
Personally, I'm not worried about it.
#3631 of 5666
Re: check this out [allmet33] by sanjaysdca
Nov 13, 2008 (2:06 pm)
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Replying to: allmet33 (Nov 13, 2008 1:29 pm)

I am with allmet here...hope I am not in a situation & find out that the airbags didnt deply...
 
Could be "media"..but the first paragraph says...one customer...which makes me believe its a production version
 
Here is the first paragraph
 
The Koreans have gotten their allocation of the new 2009 Hyundai Genesis Coupes and it seems like one customer felt his Genesis Coupe could push the limits a little more than he thought possible. Needless to say that he learned the hard way by crashing into the concrete base of a metal light pole.
#3632 of 5666
Re: Discounts on Genesis [backy] by captain2
Nov 13, 2008 (2:10 pm)
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Replying to: backy (Nov 12, 2008 1:55 pm)

For an example a 2009 Hyundai Genesis V6 equipt with both Premium and Technology Package, has a MSPR of $40,000.00. But with your $1,900.00 in savings your price will be $35,713.00, that's over $4,200.00 in savings.
 
This is BAD news not good, indicating that just maybe that a Hyundai dealer is NOT where folks go to spend $35 large. This just a few short months after it became available and also became about the most advertised vehicle around. Can you imagine what's happening to those first few souls that paid something close to MSRP for the thing - they are being rewarded (like most Hyundai owners are) with a car with bad resale values, Not good for Hyundai and not good for the Genesis owner. Too bad, the car itself deserves so much more.
#3633 of 5666
Re: check this out [sanjaysdca] by allmet33
Nov 13, 2008 (2:13 pm)
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Replying to: sanjaysdca (Nov 13, 2008 2:06 pm)

The Koreans have gotten their allocation of the new 2009 Hyundai Genesis Coupes and it seems like one customer felt his Genesis Coupe could push the limits a little more than he thought possible. Needless to say that he learned the hard way by crashing into the concrete base of a metal light pole.
 
We know what the article says, but we don't know if the details are correct. For all we know, the photographer just walked up and saw the Genesis Coupe all crashed up and went from there, he/she may have never spoken to the actual driver to know if he/she was an owner or someone test driving for the company or what.
 
For that, we have to take it with a grain of salt. It's a shame to see it as it is and ultimately...we do see that the air bags didn't deploy and clearly...should have. However, I've never heard of Hyundai having an issue with air bag deployment, well...lack thereof. If anything, they've had recalls to deal with sensors to be replaced so that air bags wouldn't deploy inadvertently.
#3634 of 5666
Re: Discounts on Genesis [captain2] by carolinabob
Nov 13, 2008 (3:02 pm)
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Replying to: captain2 (Nov 13, 2008 2:10 pm)

It may be bad news for Hyundai, but it is the reality we now have. On the other hand, I think it is realistic pricing for a Hyundai. The Genesis may prove to be a great car, but it is still a Hyundai.
    What will happen with car prices in 2009?
#3635 of 5666
Re: Discounts on Genesis [captain2] by backy
Nov 13, 2008 (4:34 pm)
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Replying to: captain2 (Nov 13, 2008 2:10 pm)

Can you imagine what's happening to those first few souls that paid something close to MSRP for the thing - they are being rewarded (like most Hyundai owners are) with a car with bad resale values,...
 
What is happening to those first few souls who paid close to MSRP for the honor of owning the first Genesis in their neighborhood is the same thing that happens to anyone who pays a premium for "first on my block" status. This happens all the time with new models... it is hardly unique to the Genesis, or Hyundai.
 
Just as Hyundai offering the Genesis at a good discount is hardly unique in the luxury sedan market right now. Remember the posts from people talking about huge discounts available on other luxury cars, e.g. Infinitis and Audis? What amazes me is that Hyundai was able to hold off this long before putting big discounts on the Genesis, given economic conditions as they are. And there are still no factory rebates on the car... which not many other luxury sedans can say.
#3636 of 5666
Re: Discounts on Genesis [backy] by marvinlee1
Nov 13, 2008 (8:06 pm)
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Replying to: backy (Nov 12, 2008 1:55 pm)

I wonder if the discount merely discounts the high-profit margin of a dual Premium and Technology Package combo? If so, the same cited $4,200 savings on a base model may be hard to obtain. Please advise if I err.
 
Meanwhile, still no personal luck in locating a satin pearl white 4.6 V8 with cashmere interior and no technology package. Anyone? Is this combo merely the imagination of a creative sales brochure writer?
#3637 of 5666
Re: check this out [sanjaysdca] by joe97
Nov 13, 2008 (9:07 pm)
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Replying to: sanjaysdca (Nov 13, 2008 12:05 pm)

This is why S. Korea is the test market
#3638 of 5666
Re: Discounts on Genesis [captain2] by joe97
Nov 13, 2008 (9:16 pm)
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Replying to: captain2 (Nov 13, 2008 2:10 pm)

NEWSFLASH: the economy is in the sh*thole. Auto dealers are doing whatever they can to move cars right now, period. Heck, I am seeing 10K off or more on GS, M, etc, this is generous.
 
As for those owners paid at or above MSRP earlier on the Genesis - that was nothing new, as it is the general trend for new cars.
 
As for the bad resale values, you know this how? FWIW, the predicted residual for the Genesis has been fantastic, beating out others in the class, even though luxury vehicles depreciate like a rock in general across the board.

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