10-29-2020, 10:17 AM | #133 | |
General
13549
Rep 20,193
Posts |
Quote:
The dealers have been fighting them tooth and nail ever since it was announced that Genesis was starting their own separate entity. Things finally calmed down a bit but when Genesis came out with their incentive plan to get dealers to build stand-alone facilities things blew up again. They really need to cull the dealer roles but at this point it would be very expensive to do so. They did buyouts during the first phase and got rid of about half the existing Hyundai dealerships and have only lost a few since then. Maybe once the full vehicle line-up is available and more revenue is flowing in they will be able to further reduce the dealer numbers by concentrating on increasing the quality of the consumer experience. While all Genesis dealers are contractually obligated to provide the Owner services that Genesis offers there are still many that do not. It is that and the "Hyundai" level mindset of the sales experience that needs to change if they are going to succeed in being recognized as a top their luxury brand. Stepping down from the soapbox..... |
|
Appreciate
0
|
10-29-2020, 11:59 AM | #134 | ||||
Lieutenant Colonel
1613
Rep 1,608
Posts |
Quote:
__________________
"Beware of false knowledge; it is more dangerous than ignorance."
|
||||
Appreciate
0
|
10-29-2020, 01:35 PM | #136 |
General
13549
Rep 20,193
Posts |
I agree, except for the grill and possibly the side lights, I think it is a better looking vehicle than the X5. Although there are quite a few reasons I would not consider getting one, I think the interior is at the top of the list. Just does not look good to me at all. Then again, it won the poll on our site for the most luxurious looking so obviously my taste must not be the norm.
|
Appreciate
0
|
10-29-2020, 01:57 PM | #137 | |
Brigadier General
2780
Rep 4,405
Posts |
Quote:
There are cars I really thought I would want to buy from seeing pix, reading reviews and owners impressions but when I sat in them and drove them, it was easy for me not to like them. Cars are something you have to experience first hand and especially those you have not owned before. The pix that are in the Hagerty article were well done and make the car look nice on the inside, well except for that Buick Century steering wheel I can tell you one thing though and I don't want to come across as being a car snob but I don't look forward to walking into a Hyundai dealership to drive one. . |
|
Appreciate
1
stein_325i25104.50 |
12-02-2020, 03:05 PM | #138 |
Lieutenant
501
Rep 417
Posts |
First GV80 models have landed at dealerships.
As expected, they are being marked up. Here's a Leasehackr thread from one of the Genesis dealers, where he's sold one for around $5K above MSRP. Anyone here trying to pay $80K for a Genesis? https://forum.leasehackr.com/t/first...-5t-awd/314574 |
Appreciate
0
|
12-02-2020, 03:25 PM | #139 | |
Ring Leader of G8X Haters
25105
Rep 8,764
Posts |
Quote:
__________________
Current Garage: 2022 Mercedes-Benz S 580 / 2023 Genesis GV70 2.5T / 2007 Mercedes-Benz E 350 / 1999 Mazda MX-5 Miata
Retired: '95 E36 325i 5MT / '04 E46 330i 6MT / '05 E83 X3 3.0i / '11 E90 335xi / '17 G30 540i / '19 F87 M2C 6MT / '19 MB CLS 53 / '20 MB GLC 300 |
|
Appreciate
0
|
12-02-2020, 03:54 PM | #140 |
General
13549
Rep 20,193
Posts |
Genesus is moving away from being the value luxury brand. Their plan is to offer products as good or better than the competitors and price accordingly.
Some dealers have a 10k markup on them. My guess is we will see markups from many dealers for the next 6 months or so, especially if the preorders are all still valid. Last edited by TurtleBoy; 12-02-2020 at 05:58 PM.. Reason: Spelling |
Appreciate
1
roshm9.00 |
12-02-2020, 04:04 PM | #141 |
Lieutenant
214
Rep 485
Posts |
I think their products are good enough to allow for them to move up from being a "value" luxury brand. It's what the market will bear. Plenty of luxury brand owners are brand agnostic and will go with their own "perceived" value. Once enough of them are commonplace, sheer volume will get people used to the brand and it'll be just another luxury brand like Infiniti, Acura, Lexus, etc. The Japanese were in the same position. The Koreans are just following those footpaths and I see nothing wrong with that. More competition is good for consumers.
|
Appreciate
0
|
12-02-2020, 04:10 PM | #142 |
Ring Leader of G8X Haters
25105
Rep 8,764
Posts |
They should take a page out of Lexus' book and establish real dealers with great service. While Lexus is based off Toyota, they had value, excellent dealers, and reliability on their side. And despite Toyota is a mainstream brand, they have a good reputation, while Hyundai, despite improving exponentially, still have the s**tbox image from the 90's to a lot of people, and their dealers have a bad rep too, going to be much harder selling a $75k vehicle than the $20k Elantra with that type of service.
__________________
Current Garage: 2022 Mercedes-Benz S 580 / 2023 Genesis GV70 2.5T / 2007 Mercedes-Benz E 350 / 1999 Mazda MX-5 Miata
Retired: '95 E36 325i 5MT / '04 E46 330i 6MT / '05 E83 X3 3.0i / '11 E90 335xi / '17 G30 540i / '19 F87 M2C 6MT / '19 MB CLS 53 / '20 MB GLC 300 |
Appreciate
0
|
12-02-2020, 04:14 PM | #144 | |
Lieutenant Colonel
1169
Rep 1,780
Posts |
Quote:
|
|
Appreciate
0
|
12-02-2020, 04:30 PM | #145 | |
Banned
429
Rep 756
Posts |
Quote:
I always crack up when I see people with those dead knock off S-Class Benz Genesis turds with the Bentley looking emblems. Shameless ripoffs. |
|
Appreciate
0
|
12-02-2020, 06:06 PM | #146 | |
General
13549
Rep 20,193
Posts |
Quote:
There have been over 15,000 pre-orders with deposits for the GV80 so that is a start. Unfortunately right now they are predicting only producing 2k units a month for the NA market so it will be awhile until the initial demand, or anticipated demand, is met. If sales continue like that, as well as what the sales will be from the other new models coming out, then perhaps we will see more standalone dealerships/showrooms.
__________________
2021 BMW G20 M340i xDrive - Verde Ermes/Black - 03/2024.40
2019 BMW G05 X5 xDrive40i - Phytonic Blue/Cognac - 11/2023.50 |
|
Appreciate
1
stein_325i25104.50 |
12-02-2020, 06:12 PM | #147 | |
General
13549
Rep 20,193
Posts |
Quote:
__________________
2021 BMW G20 M340i xDrive - Verde Ermes/Black - 03/2024.40
2019 BMW G05 X5 xDrive40i - Phytonic Blue/Cognac - 11/2023.50 |
|
Appreciate
0
|
12-02-2020, 06:21 PM | #148 | |
Ring Leader of G8X Haters
25105
Rep 8,764
Posts |
Quote:
These Are The Insane "Bubble Cars" From When Mazda Went Nuts 20 Years Ago
__________________
Current Garage: 2022 Mercedes-Benz S 580 / 2023 Genesis GV70 2.5T / 2007 Mercedes-Benz E 350 / 1999 Mazda MX-5 Miata
Retired: '95 E36 325i 5MT / '04 E46 330i 6MT / '05 E83 X3 3.0i / '11 E90 335xi / '17 G30 540i / '19 F87 M2C 6MT / '19 MB CLS 53 / '20 MB GLC 300 |
|
Appreciate
0
|
12-02-2020, 09:13 PM | #150 | ||
Lieutenant
207
Rep 497
Posts |
Quote:
__________________
2020 G05 40i | ZMP | Carbon Black | Ivory
|
||
Appreciate
3
|
12-04-2020, 12:21 AM | #151 | |
Lieutenant
214
Rep 485
Posts |
Quote:
Tech evolved a LOT more slowly back then. Leather automatically made you a luxury vehicle. Airbags were cutting edge tech. My 1995.5 Jeep Cherokee was actually an half year model because it came with a driver's side airbag whereas the 1995 did not. I mean, the Germans had more tech, but by today's standard, not really. Reliability was HUGE back then. Now, pretty much any car can run to 100,000 miles easy provided you do basic maintenance. The Japanese could do 100,000 if you refused to do basic maintenance. They went with reliability because that's what let them stand out. That's why Lexus has the rep it does. The Germans don't have that rep (except maybe initially right from the factory) for a reason. The Japanese do. I had an e46. I opened the moonroof 3 times. It broke on the 2nd time. The 3rd time was just to check if it worked. It ate window regulators like candy. I loved that car for many reasons, but German reliability wasn't one of those reasons. Now it's about electronics. I sold my X3 after 2 years in part because the infotainment drove us nuts. I'm hoping iDrive 7 has enough updates to be tolerable if combined with Apple CarPlay. I know it'll still suck compared to my Tesla, but at least it'll be a million times more comfortable. There's nothing wrong with the Koreans copying the Japanese playbook. It may not be super innovative, but they're catching up. They don't have the money to be super innovative. They just want to play in the game. Becoming the star comes later. Lexus may be boring, but it sells in huge numbers because a lot of people want their version of luxury. It's the kind of luxury Cadillac and Lincoln used to be known for before the American companies turned to crap. Toyota is huge now. Nothing wrong with trying to be the next Toyota. I love German cars, but I know full well they've got their warts. A Lexus has incredible resale value for a reason. A BMW doesn't for the same reason. Last edited by codex57; 12-04-2020 at 12:27 AM.. |
|
Appreciate
1
thereef5101169.00 |
12-04-2020, 07:09 AM | #152 |
Brigadier General
4365
Rep 4,246
Posts |
Recent MT summary says it all -
"2019 Genesis G70 Long Term Test Update: Dealing With the Dealer Experience Genesis may be a luxury brand, but many customers still have to go to Hyundai dealerships for service." - Dec 3, 2020 https://www.motortrend.com/cars/gene...date-7-review/ "Genesis is an offshoot of Hyundai Motor, and Hyundai dealers wanted to get Genesis franchises, as well, just like Toyota dealers did with Lexus. Problem is, Hyundai dealers rank below the industry average among mainstream brands in the JD Power Customer Satisfaction Index. Plus, Hyundai dealers were resistant to spending millions of dollars on a shiny retailing palace for an uncertain return. Add in numerous states' arcane and often conflicting franchising laws regarding new dealerships, and it's not the greatest starting point for a new brand..."
__________________
Current BMWs - '20 X5 xDrive40i M Sport, '20 BMW M550i | Past BMWs - '03 E39 540iT M Sport, '06 E53 4.8is, '11 E70 M Sport LCI
|
Appreciate
1
stein_325i25104.50 |
12-04-2020, 07:18 AM | #153 |
Lieutenant Colonel
1053
Rep 1,952
Posts |
I think the major difference between what you will get with an X5 and GV80 is the driving experience. There are a lot of ppl who just want to get to A to B in a luxurious cabin (stereotypical Lexus buyer). I think Genesis is targeting that market. BMW has built their niche for buyers who still like to drive and get the hair standing on the arms and neck when they hear a throaty exhaust or accelerate quickly down an onramp or passing traffic, or country back roads. Those ppl will never buy a Genesis GV80 b/c it isn't that car. This car is competing with the GX460 crowd, IMO.
|
Appreciate
3
|
12-04-2020, 07:28 AM | #154 |
Banned
429
Rep 756
Posts |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|