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Hyundai Genesis Prices Paid and Buying Experience

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  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    edited March 2013
    your probably close but your numbers are on the higher end about both cars price wise.... Resale is much better on the Audi.. the new audi is worth the dime. better car all around.. they dont compare. i drove it and loved it.. I want to see how the new redesign geny looks and see how they upgrade it before making that plunge. the only draw back with the audi is size i'm 6'1 245.
    My friend has the 2011 genesis and i think its a nice car with a great sound system. handling is okay. Needs updating.

    the Equis is the car you would try to compare the Audi, A/S6 BMW 5,7 and MB E series not the Genesis,

    the Genesis was and ahead of its time 5 yrs ago with its price and entry level luxury and features. No longer a though in this market.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • I have some interest in the 2013 Genesis 3.8 w/prem/tech pkg in the northeast but, prices seem to vary widely.
    With the various rebates, I've got a price of $34K +TTL but, not my preferred color combo, so far.
    What should I expect to pay and what credit score is required for 2.9% for 72mos
    MSRP $44,195 and the rebates appear unchanged as of 5/1
    TIA
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    The Accord exl v-6 is a better buy for the money right now. I would wait for the redesign 2014 genesis model late this year. The car needs updating. Tech and front wheel drive options, 8 speed trans are just a few things on the way for this model in 2014.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • jlindhjlindh Posts: 282
    edited May 2013
    The Genesis has had an 8 speed transmission since 2012. Mercedes, Rolls, Ferrari, Porsche, BMW, etc, the finest cars in the world, all have rear wheel drive. Why in the world would Genesis want to go to front wheel drive? Front wheel drive is CHEAPER to build, that's why lesser cars use it.

    On the other hand, all wheel drive may be an option in the new Genesis.
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    edited May 2013
    YOU are correct..
    i meant to say all wheel drive .The new Genesis model will offer it.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • Hmmm?

    My sisters score is 650(not sure which CRA) but, the dealer claims a close relationship with HFS and can get her the promo rate, implying other dealers cannot PUSH an approval.
    Is this credible? Should she expect "hidden fees"? Do some Hyundai dealers have more authority with finance?
  • dclivedclive Posts: 35
    $10,000 off (almost 25% off!) on a loaded 3.8 Genesis sounds unbelievable!

    Around here I'm seeing $6500 off total, after a $1500 competitive upgrade, $1000 finance-with-Hyundai offer, and $4000 in dealership incentives.

    "Here" is Texas.
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    You have to remember the 2014 Genesis will be redesigned and updated. This new make over Genesis will be out at the end of the year. The outdated/ outgoing model will be priced to sell.

    You will get a great deal on a 2013 after the summer. Dealers will be dying to clear there lots and inventory to make room for the 2014. Hyundai discounts big time on there vehicles.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • nychoinychoi Posts: 1
    I would like to buy 2013 Genesis 3.8 w/prem/tech pkg in NY. My target price is $34,000 before TT&L. I will buy it with cash. Is my target price fair, high, or low? I would like to hear your buying experience!
  • $34,000 seems possible since they aren't moving much inventory, sister is waiting till 6/29 or 6/30.
    NJ dealers seem to offer the most aggressive pricing in the NY Metro area
  • tcooltcool Posts: 2
    I assume that I should target $32K for just the premium package without technology? Is that seems to be a reasonable offer in the DFW area?
  • fstephensfstephens Posts: 2
    Sounds like you need to use the EDMUNDS new car pricing services or the TRUECAR . COM site. Prices are much better (be sure and update the INCENTIVES and you will truly be surprised at the guaranteed prices). This printout is very good for those dealerships that promise to beat all competing deals.

    When I look at the pricing and the depreciation rates, a 2011 GENESIS 4.6L with under 40K miles seems to be what I am going to get; either certified or with an extended warranty. The extended bumper to bumper warranty seems to be a much better deal than the Certified option.

    I plan to never buy a NEW CAR again, unless I can get it for less than a 2 year old used model with extended bumper to bumper warranty.
  • robribasrobribas Posts: 3
    you don't even need the v6! the new direct injection 4 cylinder has plenty of power, and sounds awesome.
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    Sorry Rob i have to disagree with you. The 4cyl is peppy but not fast at all. The V-6 with almost 280hp is alot more fun to drive and sounds alot better When i step on the gas pedal. You cant compare the 4cyl to 6cyl.. Its night and day. I went from 60 to about 90mph in seconds on the hwy yesterday.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • tcooltcool Posts: 2
    Got mine over the weekend for $32.6K after TTL on a brand new 2013 Genesis Sedan with premium package. I test drive the Sonata at first but it was very weak compared to the Camry. The 2.0 Limited has a little more power and fun to drive but nowhere compare to the Genesis...no choking no noise and smooth acceleration. It was an easy decision for me to upgrade to the Genesis for a couple more thousands.
  • dclivedclive Posts: 35
    tcool:

    Please post your price for 2013 Gen Sedan + Premium WITHOUT tax. Tax is a big variable, and when added to the price, makes comparisons useless. Thanks!

    Please include any other dealer fees or costs, just NOT tax and NOT any state-based or city-based DMV registration/etc. fees that don't go to the dealer.
  • Hi,
    I am currently shopping around for a 2013 Genesis Sedan with Premium and Tech packages. This forum is very interesting and helpful, so thanks!

    Has anyone purchased a similar vehicle in the NY Metro area in the past few months? I ask because the best prices I am getting are @ $36,000 w/o TTL.

    Willing to travel to CT/NJ/PA...

    Best,
    Chris
  • C1212,

    If there are no bogus "dealer fees", $36K is pretty good depending on what incentives you qualify for, you might be able to shave off another $1K or so.
    BEWARE of the "Brad Benson Business Model" dealers, or my personal favorite "Inland Freight"...$1K...driving car from the storage lot to the dealer!
  • I just purchased (2 days ago) a base model 3.8 for $27,900. Several rebates including the military $500. I was skeptical of the $1000 rebate for financing with Hyundai but it was real and the rate was 1.9%. Just a day earlier I was quoted 2.0% for a credit union and I thought that was a good rate. I am happy with the car so far (230 miles) and satisfied with the price.

    My brother has purchased (although paper work not done) one with the premium package and with trade it is more difficult to be exact with the "cash" price but my estimate would be between $31,300 and $31,700 for his black on black model. The were both purchased from a dealer in Pensacola, Fl although we both live in Mobile, Al. The dealers here were a oke
  • I dont think there is going to be a 2014 model. It looks as if they will show (introduce ) the 2015 model at the Detroit Auto show early next year. I dont know if the car will be "on the street" by then- There are numerous "early looks" articles all over the net
  • I just purchased a used 2013 Genesis 5.0 R-Spec. Car had 6,300 miles on it. I found it at Kernersville Chrysler Dodge Jeep Ram in Kernersville, NC (85 miles north of Charlotte). It was the second cheapest used 2013 within 1,000 miles. I paid $37,700 for it. It is certified. I traded in a 2012 Acura TL SH-AWD with Advance Package. I LOVE the car so far. The dealership was absolutely packed (Saturday) but they were willing to help. Not much negotiating since they were already cheaper than anyone else around, but I knew that going in and you have to be reasonable. Gave me a good price for my trade, no haggling there either. I walked in the dealership around 3:45 and didn't leave until almost 8 PM. Had to wait roughly 2 hours for them to get to my financing paperwork because there were so many people in there. I didn't mind as my wife and I had a great conversation with our sales person and the used car manager while we waited. I'm getting the trunk and wheel wing emblems installed today!
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    edited August 2013
    Good job on your deal. please post back after a couple of weeks. I want your read on that cars ride , handling , wind noise at high speeds and gas mileage.
    I really am considering buying the 2015 genesis when its avail next summer. i chose the accord V-6 over the 13 genesis. the new Accord i felt was a better buy then the aging genesis. What i dont like about the Accord is its to small inside for me and the recline on the seat gets lower instead of just straight back. Everything else with the new accord is a home run. My youngest daughter who graduates college after 6 long years in jan. w/ her masters degree will be surprised about her new Accord and graduating present.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • Hi. I am considering 2013 Genesis 3.8 base model. I think price will be cheaper because new, fully changed model will be on market next year. Anyway, my target price is 26k (impossible?)

    One question. I searched fair purchase price for this car is 28 - 29k, depending on incentives. However, I click the reality check button, fair price is changing to 25-27k. Is this normal? Then what is real fair price?
  • scwells72scwells72 Posts: 4
    edited September 2013
    Two weeks ago I bought a brand new 5.0 R-Spec (White/Cashmere) for $39.7K (less trade-in value) + TT&L with 1.9% financing for 60 months. I bought the car from Roger Beasley Hyundai in Kyle, TX (just south of Austin). The Round Rock dealer offered the same price, but I live in south Austin so I went with the closer dealership.

    There was a potentially lower price in Houston ($37.7K), but the dealership seemed really shady and I didn't want to spend an entire day driving over there and back just to find out the deal wasn't legitimate.

    That seems like a great price on a heck of a lot of car! My wife and I took the car on a weekend road trip and it was extremely comfortable and fun to drive.
  • MichaellMichaell ColoradoPosts: 5,654
    The $39.7K was before or after your trade in value was applied? What was the MSRP?

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  • bigdaveinomahabigdaveinomaha Posts: 26
    edited October 2013
    Here are my thoughts after a few weeks of ownership. Frankly, I'm pissed I ever bought the car I had before this car (2012 Acura TL-SHAWD w/ Adv pkg). This is such a better car and I actually paid $1,000 LESS for the Genesis than the TL. The ride is so much smother at all speeds, handling is tighter, and my god the low end torque is addictive! I punched it going 40 and the downshift to 2nd gear felt like someone punched me in the back! The transmission is much smoother shifting than my Acura was. Car is quieter than the Acura at all speeds (only had it up to about 85, I know, shameful!). Much better navi system and lots of options that I couldn't even get on the Acura like rain sensing wipers, adaptive lighting, lane departure warning, radar cruise, power folding side mirrors and power rear sunshade. I feel like I got 50% more car for less money. Gripes? I wish the steering wheel was a little thicker and I wish there was a little more head room, but I'm 6'5" so that's to be expected. Also the backup camera is pretty crappy compared to the HD camera in my TL. Overall I am thrilled with the car. And the best part? Watching the look on peoples faces when I tell them it's a Hyundai:)
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,755
    Alot of car for the money. I want to wait til next yr to see the updated re-modeled version as a 2015 before buying. At 6'1 and ahalf i know the feeling in some of these cars.. Enjoy..... tks for posting back

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • scwells72scwells72 Posts: 4
    edited October 2013
    $39.7K was my price independent of trade-in value. I got a 2013 R-Spec with mud guards (which I had them remove) and cargo tray, so MSRP is $47,890.

    I traded in a 2010 G37S 6MT with low mileage (~25K) and significant equity. They gave me a decent trade-in offer for the car (about $1K less than I'd have wanted, but close enough given the great price on the new car), so with the 1.9% financing on the difference, I have a crazy low payment on a pretty tremendous amount of car!

    I'd love to say that I'm a super negotiator, but their initial quote via email was just over $40K, and with one additional email exchange we landed on $39.9K. Round Rock beat that by $200 to try to get my business, but then Beasley met Round Rock and was 20 miles closer to my house. That's how I got to $39.7K + TT&L. Pretty easy!

    Hope this helps,
    Scott
  • MichaellMichaell ColoradoPosts: 5,654
    Thanks for the details, Scott.

    So, in reality, it was $39.7 - equity from trade in + TT&L.

    Or did you simply take a check from the dealer for the equity in your G37?

    Either way, seems like you got a great deal on a car you love.

    Happy motoring!

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    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
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  • Michael, it was $39.7K - trade-in-equity + TT&L. I used the equity (trade-in value - payoff) to lower the tax basis of the Genesis. I might have gotten more in a private party sale, but the tax savings probably canceled that out for the most part, and it certainly simplified the transaction considerably.
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