[Sheppard]

Genesis has confirmed a new all in one lease package for their new models, that will launch exclusively in Florida for now. The new leasing service is set for three years and includes all maintenance and insurance, bundled into one monthly payment. Price ranges from $489 to $909 a month depending on model, down payment and various other fees. Since this is likely just a testing phase, we should see this expand to new markets in the future. https://www.carscoops.com/2019/03/genesis-launches-spectrum-leasing-program-for-g70-g80-and-g90/

3 years/36,000 miles of complimentary scheduled maintenance
3 years/36,000 miles complimentary Service Valet
3 years of complimentary Genesis Connected Services, including Enhanced Roadside Assistance, Destination Search powered by Voice and Remote Start with climate control
3 years of complimentary SiriusXM® Travel Link (Data Services)
3 years of complimentary Annual Multimedia and Navigation Updates
Lifetime complimentary traffic data
Best-in-class warranty with Enhanced Roadside Assistance and Concierge Services, including tire changes or transportation to the nearest Genesis dealership or authorized service facility, and reimbursement for inconvenience.
Guaranteed Asset Protection waiver for Genesis Finance leases
Up to $1,525 allowance for excess wear and use, excess mileage, and disposition fee for returning Genesis Finance customers

 

[Maximus91]

I feel like Genesis has done everything they can to make their new lineup as appealing as possible. Its just unfortunate timing that the sedan segment has taken such a dive. If they have delivered the G70 a few years ago it would been hugely successful.

 

[Roderick]

For what you would pay on a German alternative for similar equipment, there is still a lot of value in these cars. Yes sedan sales are much lower than they have been in recent years, but raising gas prices is all that will be needed to make people reconsider another crossover. Hopefully this pilot is a success in Florida.

 

[Sheppard]

On the lower things pricing is reasonable, but I'm not sure there are many who would be willing to spend upwards of a grand a month for a Genesis. Yes their warranty packages are among the best in the segment, but you don't have to buy into this subscription service to enjoy those benefits.