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Sedans Hyundai Genesis 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
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Replying to: allmet33 (Nov 20, 2008 12:53 pm) right on - and apparently there are many many more just like us - betcha the profit on those 1000 cars/mo. they are selling can't even cover all those silly TV ads they are running during football games etc. Granted it is a Toyota and the economic times were much different but the Avalon was running 10 times that volume a few months after it became available in 05 with no advertising at all, and it is not nearly the screaming 'deal' that the Genesis is. You 'H' guys seem to be celebrating that Hyundai is no longer amongst the dregs of the auto industry, which it seemingly has graduated from in recent years - perhaps just perhaps Hyundai's should have loftier goals if it really wants to sell like the Genesis to those badge and quality oriented folks that they seem to think would be interested. Being 'average' is nothing to brag on.
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Replying to: allmet33 (Nov 20, 2008 12:53 pm) The VWs of today are very different from those of, say, 30 years ago. VWs in the late '70s were known for low price, cheap interiors, poor rust resistance and many quality problems. The one bright spot was acceleration--the Rabbit was a bit quicker than most of its direct competitors. Today, VW is known as a sort of Euro-chic brand with a distinctive personality, and people routinely pay more for VWs than for comparably sized and equipped Hondas, Toyotas, or Nissans. Twenty years ago, Hyundai was building very disposable cars. The Excel was dreadful, and the first Sonatas were equally so. The Scoupe (remember?) was cute, but poorly executed. Even ten years ago, not many buyers took the Accent or the first Elantra all that seriously. But now the mainstream motoring press regards the Elantra and Sonata as fully competitive with Toyota, Honda, and Nissan--arguably superior in some areas. Even the Accent is a quality car for the money. It's just an image problem--but when you're buying a luxury car, image is very important, arguably more important than reality. With intelligent marketing, it won't be long before Hyundai is taken as seriously in the Azera and Genesis price ranges as it is in the compact and midsize market. But I suspect the marketing is the weak spot.
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Replying to: captain2 (Nov 20, 2008 8:00 am) Several manufacturer lineups include a $30K or larger spread. Chevy does (Aveo to Corvette/Suburban), Toyota goes from Corolla to Land Cruiser (actually a $50K spread), etc. I doubt you'll find many people who dis the 'vette because the same dealer sells Aveos and Cobalts.
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Replying to: fushigi (Nov 20, 2008 3:23 pm) Really, though. When the same posters continue to post negative ideas and negative speculation, it becomes very obvious. People who are interested in reading about the Genesis are not mindless lemmings. I guarantee you the majority are car enthusiasts who will read back through hundreds of posts if they haven't seen them already. Bottom line: the Genesis is an exceptional car that compares very well with the Lexus GS, and more and more people are showing interest.
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Replying to: carolinabob (Nov 20, 2008 2:00 pm) I've heard all the estimates and projections about residual values on the Genesis, and they remain just that - projections and estimates. Only time will tell if the early adopters are punished excessively or not for buying the first 30k+ Hyundai. We passed on it because of the suspension issues we highlighted before, and which many articles and reviews are starting to mention, but that's just a subjective complaint. Aside from the price tag and suspension, it seems fairly competitive with other cars in the same price range (even though many of those cars are now being sold with larger incentives given the economic morass). Don |
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Replying to: ksmigel (Nov 20, 2008 10:35 pm) |
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Replying to: ksmigel (Nov 20, 2008 10:35 pm) Only time will tell if the early adopters are punished excessively or not for buying the first 30k+ Hyundai. ... That goes for any manufacturer. When the '05 RL came out, a lot of folks jumped on it with it's $50K+ price tag; some folks even paid as much as a $5K markup! That's how enthusiastic they were about it. About a year later, a person could buy a brand new, loaded up RL for around $41K if they searched hard enough. The resale on them is horrendous considering Honda products are supposed to retain value like a one-of-a-kind antique. Anybody who buys an RL gets oiled up in depreciation off the bat, and those early adopters were absolutely slathered in it. But at the end of the day, they all still love their RLs; low resale value and all. |
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Replying to: ksmigel (Nov 20, 2008 10:35 pm)
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Replying to: backy (Nov 21, 2008 7:08 am)
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Replying to: captain2 (Nov 20, 2008 2:37 pm) Before Toyota dropped the Avalon on us, they had established themselves as a dependable car maker. Hyundai has improved greatly and nobody wants to give them the respect that's due them. All you want to keep saying is, "But it's a Hyundai!" You are right, for Hyundai to no longer be among the dregs of the auto society is to be celebrated...considering they were one time the door mat and butt of all auto jokes. Who says that Hyundai doesn't have loftier goals? Are you in their front office making decisions? Just because you and a few other believe it should be one way, that doesn't mean it MUST be that way. Like I've said and I'll say it again, Hyundai is breaking the mold of what an automaker is supposed to be. I truly love the fact that it ruffles the feather of the likes of you and anyone else that can't get over the fact that Hyundai is doing what they are doing. Hyundai is far from average which is why they are now ranked #5 among all automakers. Sorry Charlie, you don't get that high being average. 
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