Let's Talk Price $$$$$ - Genesis G70 Forum
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post #1 of 23 (permalink) Old 10-15-2017, 10:45 AM Thread Starter
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Let's Talk Price $$$$$

As far as anyone can tell...will the G70 be priced dollar-for-dollar (USD vs. KRW)? Because I wound up on the South Korean site and clicked on Carbon Metal (paint) only to be quoted 51,800,000 KRW! I then did a currency conversion and came up with $57,555 USD! And THAT was before OPTIONS were figured in! ? ? ? ? ? ?
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post #2 of 23 (permalink) Old 10-15-2017, 11:26 PM
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That's usually never the case because we need to take into account tariffs and shipping fees. Also sometimes cars are equipped differently for certain markets. It's good for a very general idea of what you may need to pay out of pocket, but I wouldn't start budgeting based on that.
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post #3 of 23 (permalink) Old 10-16-2017, 02:03 AM
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As far as anyone can tell...will the G70 be priced dollar-for-dollar (USD vs. KRW)? Because I wound up on the South Korean site and clicked on Carbon Metal (paint) only to be quoted 51,800,000 KRW! I then did a currency conversion and came up with $57,555 USD! And THAT was before OPTIONS were figured in! ? ? ? ? ? ?
Well first off 51,800,000 KRW is 46,000 USD as of 10/16. Genesis is probably going to include options in the engine choices like they do for the G90 and G80. Everything pretty much comes included.

The G90's MSRP ranges from $68K to $74K ($68K to $71K for the 3.3T). The G80's MSRP ranges from $42K to $60K ($55K to $58K for the 3.3T). I'd say the G70 will be between $35K and $50K depending on the engine choice (2.0T or 3.3T).
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Last edited by johnnyb; 10-16-2017 at 02:12 AM.
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post #4 of 23 (permalink) Old 10-16-2017, 11:27 AM Thread Starter
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Well first off 51,800,000 KRW is 46,000 USD as of 10/16. Genesis is probably going to include options in the engine choices like they do for the G90 and G80. Everything pretty much comes included.

The G90's MSRP ranges from $68K to $74K ($68K to $71K for the 3.3T). The G80's MSRP ranges from $42K to $60K ($55K to $58K for the 3.3T). I'd say the G70 will be between $35K and $50K depending on the engine choice (2.0T or 3.3T).
I just went back and did the conversion again with the North Korean Won (KRW) against the dollar and came up with $57,556.0160. VHAT geeve?

I'd be more interested in lease pricing though and how the MSRP would translate into a lease!
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post #5 of 23 (permalink) Old 10-16-2017, 08:12 PM
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I just went back and did the conversion again with the North Korean Won (KRW) against the dollar and came up with $57,556.0160. VHAT geeve?

I'd be more interested in lease pricing though and how the MSRP would translate into a lease!
Why are you using the North Korean Won? That's KPW by the way. You need to use KRW which is used in South Korea where Genesis is building their cars.
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post #6 of 23 (permalink) Old 10-18-2017, 11:11 AM Thread Starter
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Why are you using the North Korean Won? That's KPW by the way. You need to use KRW which is used in South Korea where Genesis is building their cars.
BOY...do I feel DUMB

Like...I shoulda KNOWN better when I saw the word NORTH! Rose Nylund Syndrome...it comes & goes!
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post #7 of 23 (permalink) Old 11-05-2017, 07:44 PM
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So is the entry level converted price 46,000 USD or was that converted from North Korean Won?
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post #8 of 23 (permalink) Old 11-07-2017, 07:38 PM
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So is the entry level converted price 46,000 USD or was that converted from North Korean Won?
Again, why are we using North Korean? The KRW 51.8 MM (South Korean) on the price sheet converts to roughly $46K but that's just a ballpark figure for the top spec model when it arrives in the USA. Looks like you can add another KRW 1.6 MM for a safety package so really $48K is a loaded G70.
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post #9 of 23 (permalink) Old 11-08-2017, 03:29 PM
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I'm not sure that we're gonna see any North Korean vehicle on the market anytime soon

Anyways, I just found an article with an estimated price of $33,300 for 2019 Genesis G70 (automobilemag). What do you think about it?
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post #10 of 23 (permalink) Old 02-04-2018, 12:27 PM
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Iíve been doing a bit of research on this pricing. I believe the top of the line 3.3T will have a list price at approximately $42-43k USD.

My concern is that the Genesis line has a low resale value. After much research it appears the G80 & G90 lose 32% of their value in the first year compared to 9% on Honda. Donít get me wrong...Iím a huge fan of Hyundai & Genesis!

Iím simply curious is the Genesis dealers are going to AGGRESSIVELY discount off of list price.
If so the depreciation issue is not as concerning.

Any thoughts or experiences on pricing that anyone can share? Iím most interested in hearing opinions and gaining data on pricing as I am almost certain I want to purchase a G70 when theyíre released in the U.S. this spring.

Thanks in advance for your comments!!
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