2015 Genesis Sedan Thread
06-28-14, 02:45 AM
#946
The pursuit of F
Despite the lower than average resale value, the new Genesis is growing on me. Maybe a used one in a couple of years for half the cost of new is in my horizon. 
http://www.kbb.com/hyundai/genesis/2...undai-genesis/
For MY 2015:
http://www.kbb.com/hyundai/genesis/2...29518733173600
http://www.kbb.com/hyundai/genesis/2...undai-genesis/
Matched up feature-for-feature against luxury-brand sedans of similar size, the Genesis is an astonishing bargain. Check KBB.com's Fair Purchase Price to see what folks in your area are paying for the Genesis. Resale value is still something of an open question as the Genesis continues to blaze a trail for Hyundai in an image-conscious segment. We expect the 2014 Hyundai Genesis sedan to offer fair resale values, bettering some domestic rivals and remaining on par with vehicles like the Volkswagen CC. However, it does not yet retain value the way Lexus, BMW and Audi luxury models do.
For MY 2015:
http://www.kbb.com/hyundai/genesis/2...29518733173600
Compared with the base Cadillac CTS, Lexus GS, Mercedes-Benz E-Class and BMW 5 Series sedans, the 3.8-liter Hyundai Genesis is priced significantly lower. As the Genesis continues to improve the brand's image, we expect to see resale values go up, but that is something that will be determined over time.
Last edited by corradoMR2; 06-28-14 at 02:49 AM.
06-28-14, 08:04 AM
#947
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This is ridiculous. Anyone trying to say the genesis and Equus depreciates just like the German luxury Marques has no clue. You are comparing the deprecation of a 120k German car to a 40k Hyundai saying "oh they both depreciate" which is illogical.
Please don't mistake my Lexus Ownership with not clearly knowing about other brands. I just spoke to Hyundai 2 weeks ago for crying out loud.
But please englighen us CP1 on how incredible their resale value is.
Unfollowed..... #3
Please don't mistake my Lexus Ownership with not clearly knowing about other brands. I just spoke to Hyundai 2 weeks ago for crying out loud.
But please englighen us CP1 on how incredible their resale value is.
Unfollowed..... #3
i just gave you examples of 5 SERIES AND E class. not the v8s. 6 cylinders. go look it up. google is your friend.
dude, i'm not CP1. seriously.
06-28-14, 08:14 AM
#948
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It is true what Mike is saying. I just looked there are 2012 and 2013 fully loaded Gen R-Specs going for mid 20's. There are multiple 2011 examples of the Equus in the high 20's to low 30s. Frankly thats pretty horrible. I have a 2008 535i, in early 2012 I picked it up for $32,000 flat with 45,000 miles. Thats a good bit of depreciation but its damn sure better than the 2009-2010 Genesis's selling in the teens.
The germans do have a good bit of depreciation but you simply cannot compare the resale value of a Hyundai to the rest.
09 Gen $13k - http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=605796677&listingRecNum=189&criteria=feedSegId%3D28705%26rpp%3D50%26isDealerGrouping%3Dfalse%26sf2Nm%3Dmiles%26requestorTrackingInfo%3DRTB_SEARCH%26sf1Nm%3Dprice%26sf2Dir%3DASC%26stkTypId%3D28881%26PMmt%3D1-1-0%26rn%3D150%26zc%3D33055%26rd%3D250%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId%26mdId%3D21221%26stkTyp%3DU%26mkId%3D20064%26sf1Dir%3DDESC&aff=national&listType=1
2012 Equus $25k- http://www.cars.com/go/search/detail...nal&listType=1
You wont see any 2012 Lexus, BMW, MB, or Audi flagship selling that cheap even with the mileage.
The germans do have a good bit of depreciation but you simply cannot compare the resale value of a Hyundai to the rest.
09 Gen $13k - http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=605796677&listingRecNum=189&criteria=feedSegId%3D28705%26rpp%3D50%26isDealerGrouping%3Dfalse%26sf2Nm%3Dmiles%26requestorTrackingInfo%3DRTB_SEARCH%26sf1Nm%3Dprice%26sf2Dir%3DASC%26stkTypId%3D28881%26PMmt%3D1-1-0%26rn%3D150%26zc%3D33055%26rd%3D250%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId%26mdId%3D21221%26stkTyp%3DU%26mkId%3D20064%26sf1Dir%3DDESC&aff=national&listType=1
2012 Equus $25k- http://www.cars.com/go/search/detail...nal&listType=1
You wont see any 2012 Lexus, BMW, MB, or Audi flagship selling that cheap even with the mileage.
hey look 2013 550i xdrive
$32.9k
http://www.cars.com/go/search/detail...nal&listType=1
2012 E550 4 matic 66k miles
32k
[http://www.cars.com/go/search/detail...nal&listType=1
these go north of 70k if you load them up.
Last edited by hlee12; 06-28-14 at 08:19 AM.
06-28-14, 08:14 AM
#949
Boardroom Thug
Guy in my office is seeking a CPO ride so we had to take a look really quick based on your numbers.
We just pulled the stats within 500 miles of Detroit which includes your area and average price of a 535 xdrive is about 30k, maybe you found some beat up one for 25k and used it to make your point but I do not see these numbers as being accurate as my employee just said, if they are only 25k there would be one in our parking lot right now.
i can bring LS in the discussion whenever i want. but all i said 'NOT NAMED LS.'
and why do you think i'm kidding? ah that's right. you are the ultimate lexus loyal customer. you must never bought german cars before.
just from my recent car shopping experience, many german products depreciates alot. i don't even have to research it. i know this. i was looking around used cars.
2010 528i. you can easily find them in low 20s.
2010 535i xdrive certified - you can find these easily for 25k. there are ton of them where i live.
2010 genesis 3.8. you can easily find them for around 18-20k.
2010 E350 - easily can be had for around 23-25k. my friend bought one.
i think a6 has a better value. but 5 series depreciates alot.
so will german car buyers be shocked to see hyundai depreciating like crazy? hell naw. german car buyers know many of german luxury products depreciate like crazy. so yes it is a baseless accusation to say genesis' depreciation will shock them because those GERMAN CARS depreciates alot. 2010 genesis was what 33k-42k car? much lower in msrp.
we all know S class, a8, 7 series, xj depreciate like crazy. doesn't matter what year. 100k car depreciates like crazy. NOT NAMED LS.
We just pulled the stats within 500 miles of Detroit which includes your area and average price of a 535 xdrive is about 30k, maybe you found some beat up one for 25k and used it to make your point but I do not see these numbers as being accurate as my employee just said, if they are only 25k there would be one in our parking lot right now.
i can bring LS in the discussion whenever i want. but all i said 'NOT NAMED LS.'
and why do you think i'm kidding? ah that's right. you are the ultimate lexus loyal customer. you must never bought german cars before.
just from my recent car shopping experience, many german products depreciates alot. i don't even have to research it. i know this. i was looking around used cars.
2010 528i. you can easily find them in low 20s.
2010 535i xdrive certified - you can find these easily for 25k. there are ton of them where i live.
2010 genesis 3.8. you can easily find them for around 18-20k.
2010 E350 - easily can be had for around 23-25k. my friend bought one.
i think a6 has a better value. but 5 series depreciates alot.
so will german car buyers be shocked to see hyundai depreciating like crazy? hell naw. german car buyers know many of german luxury products depreciate like crazy. so yes it is a baseless accusation to say genesis' depreciation will shock them because those GERMAN CARS depreciates alot. 2010 genesis was what 33k-42k car? much lower in msrp.
we all know S class, a8, 7 series, xj depreciate like crazy. doesn't matter what year. 100k car depreciates like crazy. NOT NAMED LS.
06-28-14, 08:17 AM
#950
Boardroom Thug
The 550 you posted has a salvaged title. so yeah its cheap.
2010 550 price average list is $35k, hell 2012 averages 45-47k let alone a 2013
2010 550 price average list is $35k, hell 2012 averages 45-47k let alone a 2013
hey look 2013 550i xdrive
$32.9k
http://www.cars.com/go/search/detail...nal&listType=1
and it's probably much more expensive than equus you found.
$32.9k
http://www.cars.com/go/search/detail...nal&listType=1
and it's probably much more expensive than equus you found.
06-28-14, 08:22 AM
#951
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2012 e350 4matic 68k miles on it
27k
http://www.cars.com/go/search/detail...nal&listType=1
hell i think e350 4matic are probably 70k
27k
http://www.cars.com/go/search/detail...nal&listType=1
hell i think e350 4matic are probably 70k
06-28-14, 08:28 AM
#952
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look at my post about autotrader average.
anyway, both 8 cylinder 5 or E class are easily more expensive than Equus. and like i said it doesn't matter equus depreciates more than those. gap probably aren't that much.
and both 2012 5 or E 8 cylinder can be easily had for 35k-40k if the mileage is over 60k. that should be a target $. i know this because i know many friends who always look 3 year old v8 for 40k.
bottomline, lexfather make it sound like equus depreciates twice more than germans. that's just not the case.
Last edited by hlee12; 06-28-14 at 08:45 AM.
06-28-14, 08:30 AM
#953
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2012 equus 71 matches
http://www.cars.com/for-sale/searchr...=50&slrTypeId=
highest 48k
lowest 25.7k (the one that he posted)
http://www.cars.com/for-sale/searchr...=50&slrTypeId=
highest 48k
lowest 25.7k (the one that he posted)
06-28-14, 08:33 AM
#954
Boardroom Thug
You can think, but thinking is not fact. In 2012 that car depending on options could often be found on the lot in the $50's, you also cherry picked a 2012 with 68k miles on it.
Post all the one off examples you want, the market averages, which is a pool sampled large enough to provide a mean show your numbers are not accurate.
Lets play the game by your rules 2012 Hyundai Genesis 3.8 - $15,997
http://www.cars.com/go/search/detail...nal&listType=1
Post all the one off examples you want, the market averages, which is a pool sampled large enough to provide a mean show your numbers are not accurate.
Lets play the game by your rules 2012 Hyundai Genesis 3.8 - $15,997
http://www.cars.com/go/search/detail...nal&listType=1
06-28-14, 08:47 AM
#956
Forum Administrator
iTrader: (2)
Hlee12 and Lexfather you have both been booted out of this thread not long ago. If you continue posting here you will be banned from car chat.
https://www.clublexus.com/forums/8557290-post819.html
Also...
https://www.clublexus.com/forums/8267035-post374.html
https://www.clublexus.com/forums/8558062-post841.html
Giving benefit of doubt on these that threads were merged.... Knock off the rejoining accusations as well and need to use that ignore list.
https://www.clublexus.com/forums/8557290-post819.html
Lexfather & HLee12, please exit this thread (removed personal comments/ back & forth).
I'll again encourage you to please use the forums ignore list feature
https://www.clublexus.com/forums/pro...?do=ignorelist
I'll again encourage you to please use the forums ignore list feature
https://www.clublexus.com/forums/pro...?do=ignorelist
https://www.clublexus.com/forums/8267035-post374.html
https://www.clublexus.com/forums/8558062-post841.html
Giving benefit of doubt on these that threads were merged.... Knock off the rejoining accusations as well and need to use that ignore list.
Last edited by DaveGS4; 06-28-14 at 08:52 AM.
06-29-14, 03:56 PM
#957
they really nailed down the design. what a good looking car. there's nothing about it that I would change. it's just so well thought out so look so strong.
IMO this looks better than all the lexus line up and as good, if not better than the european competition. they nailed it down tight.
the price is so sweet to. will be very satisfying for the owner to enjoy for many many years to come
IMO this looks better than all the lexus line up and as good, if not better than the european competition. they nailed it down tight.
the price is so sweet to. will be very satisfying for the owner to enjoy for many many years to come
06-30-14, 08:58 AM
#960
Rather than look at used car prices which are variable with location and condition, lets look at Cars.Com residual values as a percent of new car price.
Mercedes S550 residuals are 50% after 36 mo and 34% after 60 mo.
Audi A8 is 48%and 30%
BMW 7 is 43% and 28%
Eqqus is 49% and 33%
I could not find a residual for the 2014 LS460, but is should be the highest of these.
Bottom line, Hyundai Eqqus depreciation is in the same ball park as the luxury German brands. Since these numbers are percents, the 3 year old S550 will be worth $50000 and the Eqqus will be at $30000 based on the difference in new car prices.
They did not have data for the new Genesis on the site yet.
Steve
Mercedes S550 residuals are 50% after 36 mo and 34% after 60 mo.
Audi A8 is 48%and 30%
BMW 7 is 43% and 28%
Eqqus is 49% and 33%
I could not find a residual for the 2014 LS460, but is should be the highest of these.
Bottom line, Hyundai Eqqus depreciation is in the same ball park as the luxury German brands. Since these numbers are percents, the 3 year old S550 will be worth $50000 and the Eqqus will be at $30000 based on the difference in new car prices.
They did not have data for the new Genesis on the site yet.
Steve