Hey all. Still trying to decide between Polestar 3, Cadillac Lyriq and Genesis GV70 Electrified, primarily.
Got a quote for a a dealer owner-driven demo GV70 Electrified AWD with the Prestige trim (1,473 miles). I’m in South Florida.
MSRP: $76,130 | Total savings: $23,500*
** I believe they are offering $11,000 to $14,000 off EVs, plus extra discount for demo*
Dealer fee: $950 | Tax: $1,014 | Non-tax fees: $1,075
Adjusted price: $52,630 | Balance after taxes & fees: $55,735
24 months / 7,500 miles
$0 DAS | 23 payments of $753 (including tax & fees) | equivalent $722 over 24 payments | $17,319 total outlay
I don’t have the residual or MF, so I didn’t build the calculator yet. Will update if/when I get it. But emailed and asked for it.
Would love thoughts and opinions on the quality of this deal and such.
This has been a challenging year for Genesis leases and is the reason i am turning my GV60 in in a few days. Last April-May they did a 13 month lease on the GV60 and GV70 electric with a 77% residual. Throw in a 10% dealer discount and the electric lease cash and you had an RWD GV60 for $250/mth. Now it is double that.
I would not lease a 200 mile range car unless I was only using it as an in town commuter. Both of my 300 mile range electric cars were frustrating to use in January when it was cold (and i live in temperate NC). It took twice as long to fast charge and range was cut 20-30%.
That being said, the GV60 was one of my favorite vehicles to drive in the last couple of decades. Granted most of my vehicles were trucks and SUVs which are not what I would call “fun”.
I got the wife a Jeep GC 4xe because she said no more electric “Gremlin” cars. (Despite neither the GV60 or Ariya needing to go to the dealer for anything). I will drive the Ariya that she had been driving for the remaining 5+ months of its lease, then get something else electric or hybrid in Oct.
I considered the Ariya. I haven’t had a new car in 12 years, and I just want something a bit more luxurious. If it leased as cheap in my state as it does in others, I’d probably get it. But it doesn’t.
Wife loves the GC 4xe, mainly because it’s higher off the ground and takes gas, so she has a comfort feeling that she will never be left stranded or have to worry about finding a charger. We bought the last one at the John Hiester Lillington, NC store. Their partner stores had a couple but werent willing to deal at all. [Their partner store did call me daily for 3 weeks after I bought, so they may have gotten more aggressive.]
As has been mentioned here before, if you are driving on gas only, the motor revs high getting up to speed, you really have to baby it to not have it hit 3-4k RPMs - where you can tell it is working. Behind the 2nd row is much bigger than either Ariya or GV60. I dont think driver sear is as comfortable as the other 2, but i am strange that i hate center consoles and the GC has a tall one which restricts my knee movement (which the Ariya and GV60 didnt do). But the GC is my wife’s vehicle and she doesnt mind that.
Like others said, check the Signed forum and also the Marketplace. Unfortunately, you can’t always pick the vehicle you want and hope it leases well, go after the stuff with high residuals, low MF, incentives on the table etc.
Lots of people scored sub $500 Lyrics, Acura ZDXs, etc. Mercedes GLC 350e isn’t too bad and should end up in the $500 range as well. If you want luxurious, you’re almost at BMW iX money, just go that route, lots of deals in the marketplace.
This was 2 months ago, lease cash has improved, Jeep TDM no longer applies to 2024 GC 4xe. There have been some deals posted with bigger dealer discounts recently. There was a dealer in Eastern NC that had 30+ 2024 GC 4xe in stock at end of March.