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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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#3701 of 5692
Re: Hyundai Working On Eight-Speed Transmission for Genesis Sedan [stephen987] by allmet33
Nov 21, 2008 (12:00 pm)
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Replying to: stephen987 (Nov 20, 2008 2:44 pm)

AMEN!!!
#3702 of 5692
Re: The Big Unknown [captain2] by allmet33
Nov 21, 2008 (12:15 pm)
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Replying to: captain2 (Nov 21, 2008 11:36 am)

Captain, Captain...Captain. I know what this is all about. It has nothing to do with Hyundai being better than they ever have been. This isn't about leaps forward in regards to their dependability/reliability. This isn't even about Hyundai producing vehicles that are more appealing to the masses (gotta admit they haven't always made sharp lookin vehicles). This is merely about the fact that Hyundai has created vehicles that breach the magical $30K mark and it's KILLING you! That magical threshold is only supposed to be reserved for the likes of your precious Toyota, Nissan & Honda, but not Hyundai!
 
Dude...get over yourself and just accept the fact that it has happened and there's nothing you can do about it. Instead of complaining about it and tryin to make an arguement from every possible angle as to why it shouldn't be, just accept that it is. The most you can do, is just not buy a Hyundai that costs upwards of $30K.
#3703 of 5692
Re: What to buy, when. [richard124] by skylab
Nov 21, 2008 (12:33 pm)
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Replying to: richard124 (Nov 20, 2008 10:57 am)

Agreed. With the currency movement and a huge glut of supply building in the US auto sector -- particularly the high end -- there is precisely no chance of Hyundai making a price increase stick. The Genesis will routinely be selling below current invoice within the first quarter of next year. No knock on the car, this is simply the reality of the short-term economic outlook.
#3704 of 5692
Re: What to buy, when. [skylab] by allmet33
Nov 21, 2008 (12:40 pm)
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Replying to: skylab (Nov 21, 2008 12:33 pm)

To be honest, it sounded more like a desperate salesperson trying to create a panic so that folks would come rushing in to get one before the end of the year. Even with gas prices falling, there's never been a trend where the price of the car has gone up...especially with Hyundai! If anything, you may just see a $2K slip in prices. I forsee the V-8 w/Tech Package selling for below $40K to be honest.
#3705 of 5692
Almost got a V8 Genesis by vjkaty
Nov 21, 2008 (12:42 pm)
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Drove one with Tech and I liked the rear view camera and Lexicon sound systems.
Only issue was that the suspension was soft. I will wait for the Coupe and keep test driving.
#3706 of 5692
Re: Hyundai Working On Eight-Speed Transmission for Genesis Sedan [captain2] by houdini1
Nov 21, 2008 (2:10 pm)
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Replying to: captain2 (Nov 20, 2008 12:42 pm)

The base Genesis is being advertised in the KC area for $29,890. At that price is it very compelling. Today's Kansas City Star.
#3707 of 5692
Re: Hyundai Working On Eight-Speed Transmission for Genesis Sedan [houdini1] by allmet33
Nov 21, 2008 (2:23 pm)
Reply

Replying to: houdini1 (Nov 21, 2008 2:10 pm)

That being the case, you should be able to get a V-6 w/Tech Package for around $35K...which is even a greater value!!!
#3708 of 5692
Re: Hyundai Working On Eight-Speed Transmission for Genesis Sedan [houdini1] by louiswei
Nov 21, 2008 (2:26 pm)
Reply

Replying to: houdini1 (Nov 21, 2008 2:10 pm)

The base Genesis is being advertised in the KC area for $29,890. At that price is it very compelling. Today's Kansas City Star.
 
Good for the buyers, bad for Hyundai.
#3709 of 5692
Re: What to buy, when. [allmet33] by jeffreid
Nov 21, 2008 (3:16 pm)
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Replying to: allmet33 (Nov 21, 2008 12:40 pm)

Hi guys.
 
The price increase may not be all fluff. I was told, before the Genesis hit the ground, the there was a price hike in the pipe. As for the $2k, I can't speak to the amount, just that I was told that it was coming in some variety.
 
Shouldn't be that much of a shocker though. Most cars get a price hike after they have been on the ground for a while. Where do you think the money for the rebates comes from? I remember when a GLS V6 Santa Fe stickered for $19k. Now they are $23k, but lo and behold, there is a $2500 rebate, and $1000 side dealer cash!! Same price, you just have to give out the "deal" to keep sales going.
 
As to resale value, I think that a number of people are missing a big factor here. This isn't about what percentage value the car holds, it's about the amount that it cost you to drive!! If a LS 460 is say, $70,000 new, I would say that one should look at the value 5 years out. My Black Book says that a 2003 LS 430 is worth around $15000-$16000 trade-in (real money, not "allowance"), now that looks like $54000-$55000 to drive for 5 years. Even if you went over book, and went to $20k, it still cost $50k to drive for 5 years. My point is that the Genesis will have a positive value of some amount in 5 years, and with that in mind, you can drive for less than $40k (or $30k, whatever)in that 5 years. Seems like that makes the DEPRECIATION amount less on the Genesis than one of the most highly regarded vehicles on the road.
 
Just because an Accent is $15k and is worth $3k in five years does not mean that you lost MORE money on it than you would, say an Accord or a Camry, or a Corolla (insert your car where you like). The percentages look terrible on the cheaper cars due to each dollar being worth more, but folks, I can buy bread with dollars, not percentage signs!!!
 
As to the comment about people looking for a "quality" car not looking at Hyundai, I ask, "huh?". People should seriously get in the auto that Hyundai is now putting out. Most every offering is on par with, or better than the equivalent offerings from Toyota and Honda. Find me something about the Genesis that is not up to the Japenese offerings. Also, take a look at the Veracruz and tell me why this unit is "beneath" a Toyota. When you read the reviews of that vehicle, most all have been nothing but glowing. Now, I agree that sales are awful, but that does not change the fact that the vehicles themselves are solid. Lets go start another thread where we make baseless accusations about Honda or Toyota or Nissan and see how much fun that will be. By the way Nissan is just a new name for Datsun. Remember all of those awe inspiring Datsun's? Man, that must mean that Nissan's are all garbage, right? Please.
 
One last thing. There are dealers taking M-B, Lexus, and BMW cars in on this unit. Hate to burst bubbles around here, but there are rumors of people buying these high end cars just to say that they have one. Some of those people are realizing that when they get one, (wait for it) it's still a car!! It's not God's chariot. I have personally taken Audi, BMW, and Lexus models in on trade at my store for Hyundai's not named Genesis, so why would a top shelf model that is winning several journalist awards not get legit consideration from the top end clients? By the way I had a M-B in here last week trying to trade for a Veracruz. $14k in the tub. Hard to work with that these days.
 
Also, our first Genesis sale was to a previous E-class owner. Guess the world works differently when you get out of SoCal...................................................
#3710 of 5692
headlights standard by craigw1
Nov 21, 2008 (3:16 pm)
Reply
Which type of headlights come standard, is it HID? And then with the tech package they are Adaptive HID?

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