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Has anyone wondered who the average Genesis owner is? Genesis has their own definition of who buys but it doesn’t entirely reflect the people I see in G70’s, G80’s and G90’s during the odd spotting. That definition was published as “upscale buyers who are savvy, affluent progressives, who are reasonable, progressive and young,” a demographic younger than the average German luxury car buyer.
Problem is, the lack of SUV's and CUV's are holding them back from attracting that group. Take a look at sales stats, they are LOW. Everyone I know driving a Genesis loves it, a small portion doesn't and an even smaller group seriously consider going Genesis right now. Oh, and 80% of that last group like myself presently own a Hyundai product. I love my 14' Genesis 3.8, its aged well and kept me loyal to Hyundai/Genesis.
Driving around and observing who's behind the wheel, I've seen a lot of boomers in G80's, a long shot from the "savvy, affluent progressives." G70's have 1/2 as many younger boomers, older millennial's with younger millennial's as the smallest group. These groups have grown up around mostly sedans and more traditional SUV's and make up a dying age range of car buyers. The rest are younger and don't care for sedans as much. Basically they want what Genesis should be selling.
As Genesis prepares to launch crossovers, CUV's and SUV's to rival Infiniti, Lexus, Acura, Mercedes, BMW, Audi, Jaguar and others we're going to see a massive demographic shift. The G70 is a soft launch towards that and I won't be surprised if many on this board are older millennial's to younger boomers, even older.
It gets even harder for Genesis as there's race to offer the most affordable and attractive luxury compact from the leading luxury automakers. Not to mention the vast amount of CPO vehicles with a few worry free years of warranty left on them.
In case you're wondering, i'm 40 y/o male and in a senior management position, close to other Gen owners I meet.
Problem is, the lack of SUV's and CUV's are holding them back from attracting that group. Take a look at sales stats, they are LOW. Everyone I know driving a Genesis loves it, a small portion doesn't and an even smaller group seriously consider going Genesis right now. Oh, and 80% of that last group like myself presently own a Hyundai product. I love my 14' Genesis 3.8, its aged well and kept me loyal to Hyundai/Genesis.
Driving around and observing who's behind the wheel, I've seen a lot of boomers in G80's, a long shot from the "savvy, affluent progressives." G70's have 1/2 as many younger boomers, older millennial's with younger millennial's as the smallest group. These groups have grown up around mostly sedans and more traditional SUV's and make up a dying age range of car buyers. The rest are younger and don't care for sedans as much. Basically they want what Genesis should be selling.
As Genesis prepares to launch crossovers, CUV's and SUV's to rival Infiniti, Lexus, Acura, Mercedes, BMW, Audi, Jaguar and others we're going to see a massive demographic shift. The G70 is a soft launch towards that and I won't be surprised if many on this board are older millennial's to younger boomers, even older.
It gets even harder for Genesis as there's race to offer the most affordable and attractive luxury compact from the leading luxury automakers. Not to mention the vast amount of CPO vehicles with a few worry free years of warranty left on them.
In case you're wondering, i'm 40 y/o male and in a senior management position, close to other Gen owners I meet.