Last post on Oct 21, 2009 at 11:51 PM
You are in the Hyundai Genesis
What is this discussion about?
Hyundai Genesis Coupe, Infiniti G37, Car Comparisons, Coupe
2010 Hyundai Genesis Coupe 3.8 vs. 2009 Infiniti G37 Coupe - Let's not mess around; the price of entry for both of these machines is considerable. (more)
#84 of 123 Re: This Was Wrong [eoulim]
Mar 18, 2009 (8:00 am)
2. re-sale value of japanese car. the resale value of japanese cars are at the peak. recently their resale values are on down-hill. for example, toyota camry is now using 90% non-japanese part (including engine ! mostly US and chinese parts) and therefore its recent reliability is not at the top of the class any more.
You're talking about toyotas that aren't made in Japan right? Or also Japanese made camrys are also using chinese parts, including engines
Btw, where is the engine coming from for non Japanese made camrys?
In my opinion, Japanese reliability and electronics are a Century ahead of Germans
#85 of 123 Re: This Was Wrong [stovebolter]
Mar 18, 2009 (8:02 am)
I've been considering picking up a used G35 coupe, but the Genesis coupe has made me think about that - I could get a new car for the price of a similar used model
New is always better than old, go for the Genesis.
#86 of 123 Re: This Was Wrong [bmlexus]
Mar 18, 2009 (9:21 am)
There was a recent article stating how the resale value of Toyotas have dropped significantly.
To be fair, the resale value of many types of autos have dropped (luxury, trucks/SUVs), but otoh, the priced of used cars, overall, have gone up.
Also, the resale value of Hondas haven't seen the same type of drop as Toyotas.
#87 of 123 Re: This Was Wrong [jyym]
Mar 18, 2009 (2:31 pm)
Not sure what your point is here, my guess is the Genesis is probably gunning for the Infiniti M's market share and thats why you brought it up.
Your assertion that the residual value of the Genesis is holding up, considering that its been on the market for a very short time, leaves a lot to be desired. The jury is still out on this one, if you do have make a guess, I would look at the history of Hyundai residual values and base it on that. A Genesis by any other name is still a Hyundai right. I am not saying there is anything wrong with it being a Hyundai, but it comes with its own connotations (justified or not) and this filters through to residual value.
#88 of 123 Re: This Was Wrong [sjaieve]
Mar 25, 2009 (12:50 pm)
Uhh, resale values can differ quite widely btwn different models in a manufacturer's lineup.
And while it certainly isn't a guarantee, Black Book's prediction of the Genesis' 3 yr residual value is pretty decent.
Also note that resale values are based on MSRP - which hurts the models in Hyundai's lineup which sell significantly below MSRP via incentives (which, btw, also applies to the M).
Hyundai, otoh, has yet to offer incentives on the Genesis and as noted by Edmunds:
"The company's residual values have been on the rise and it trails only Toyota in terms of new cutomers coming in versus old customers leaving the brand (ahead of Honda, Scion, Suzuki, Nissan, Mini and everyone else)."
#89 of 123 HYUNDAI 4 the win
Mar 26, 2009 (1:50 pm)
HYUNDAI FOR THE WIN
#90 of 123 completely disagree!
Mar 30, 2009 (4:28 pm)
I was a strict BMW owner for 19 years. Had a kid and was looking for that cool SUV. Tired of the new BMWs lacking in quality, I looked around at all choices Lexus/Infiniti/Acura/Ford/Lincoln. Guess what car impressed me most....The Veracruz! I have 45k on the odometer and have had no problems. Almost all of my later model BMW's had something major happen between 25k and 40k but I was passive as it was always under warranty. This car was $15k less than the RX and has wayyy more room.
I have driven the Genesis sedan and think it is totally worth the dough. Also, I work in a building in Encino, CA filled with lawyer types in suits and no, not many have traded in their MBZ's or Lexus' for Hyundais but YES - 2 of them have opted for the Genesis Sedan.
So, I for one went from BMW and Lexus lots and ended up with a Hyindai
#91 of 123 Re: completely disagree! [joea635]
Mar 31, 2009 (6:29 am)
Wow! I'm very impressed with what you wrote...IMO it takes brass balls to admit what you did. I too was in the same boat as you, been buying Japanese forever and when I went to Hyundai to buy the Azera, well all my friends thought I was crazy and weren't shy to let me know!
Long story short...I now went from the Azera to the Genesis (Which I still haven't received) and am VERY proud to drive a Hyundai made car!
I have friends that make over a million dollars a year (He's one of the biggest names in Radio in Quebec) and some that make hundreds of thousands a year.
Cars they drive are Porsche Carrera, BMW 7 series, 5 series...some friends drive Infiniti, lexus and so on. Some will NEVER go to Hyundai just because of image/perception. (truly sad IMO)
I, on the other hand, couldn't care less of what people think...I know a good/fantastic buy when I see one and the Genesis is truly a remarkable buy TODAY!
So hats off to you for making the BOLD move...Like you stated and I say to you...you won't regret it!
Thanks for sharing your story...I really appreciate it.
#92 of 123 Re: completely disagree! [sergio19]
Mar 31, 2009 (7:59 am)
Given the way Hyundai have totally reinvented themselves in the last decade, it's inevitable that they will suffer from a lag in perceptions as their image takes a while to catch up with their products. I'm glad they're taking steps to establish their brand as desirable, rather than just sensible, with halo products like the Genesis Coupe. It's a pity the beast isn't going to be sold over here in the UK, where the need for a halo product for the brand is just as strong.
Dodgy image notwithstanding I do feel Hyundai's progress over the last decade has been astounding. They're making huge strides as a time when the auto industry is in decline worldwide. Whole new rear wheel drive platform, new industry-leading engines (not just the V6 and V8 in the genesis cars but the all-aluminum 4-cylinder gas/petrol and diesel engines in the i10, i20 and i30 -- UK model names -- with world-class emissions and performance levels), new in-house-developed 6-speed automatic gearbox, 5 year unlimited mile warranty (UK again), etc.
#93 of 123 Re: completely disagree! [sergio19]
Mar 31, 2009 (11:34 am)
Sergio. I was and am still am active on the bimmerboards as my wife still has a 2001 7 series. The only reason I even thought about Hyundai's is that these car buffs on the boards were suggesting Hyundai's for their teen and college age students since the 3 series was getting so expensive and lacked in reliability. Many bought the Azera or the Sonata due to Hyundai's great safety ratings on wwwsafercar.gov and the reasonable price.