Genesis GV Forums banner
1 - 4 of 4 Posts

· Registered
Joined
·
114 Posts
Discussion Starter · #1 ·
Here's what CarsDirect is reporting.


  • Rebates: No cash incentives
  • Financing: From 1.9% APR
  • Lease: From $589 for 36 months
FIRST GENESIS SUV:
The 2021 Genesis GV80 is the brand's first luxury SUV but suffered from a delay in release date due to the pandemic. Fortunately, early incentives set to begin November 3 can help lower your cost whether you plan to buy or lease.
The GV80 boasts a slew of standard features, especially when it comes to driver assistance technology. The mid-size SUV is based on the G80 and has a sleek new look with redesigned headlights and grille.
Like other Genesis models, the GV80 offers 3 years of free routine maintenance. This is a benefit you won't find from every luxury brand.
Current offers are set to expire on NOVEMBER 2, 2020 and are available nationally.
NO CASH INCENTIVES:
The 2021 Genesis GV80 doesn't feature any standard rebates. There also aren't any loyalty discounts or bonuses for coming from a competitor. We sometimes see bonuses worth up to $1,000, but it may be some time before the GV80 gets a similar offer.
That said, Genesis does offer a $1,000 military discount for active duty, reservist, veteran, and retired military personnel. If you're a recent college graduate or plan to graduate within the next six months, a $400 college grad discount is available.
FINANCE FROM 1.9% APR:
All versions of the 2021 Genesis GV80 are eligible for 1.9% APR financing for up to 60 months. There's also a 72-month option at 2.5%.
0% financing from Genesis tends to be rare, so we consider this a pretty standard deal for this brand.
LEASE FROM $589/MONTH:
The 2021 Genesis GV80 2.5T debuts at $589 for 36 months with $5,499 due at signing. That equates to an effective cost of $742/month and is quite expensive given the vehicle's MSRP. That's about $50/month more than a 2021 G80.
Alternatively, the more potent GV80 3.5T with all-wheel-drive is listed at $699 for 36 months with the same amount at signing. Its effective cost is $852/month and may actually be a better value. Check with your local dealer for details.
 

· Registered
Joined
·
399 Posts
Car Buzz is reporting the same lease rates. They also compare the GV80's rates to the X5.

It's also worth mentioning the outgoing 2020 BMW X5, another direct GV80 rival, is currently being offered with up to $3,000 in rebates. But if your heart is set on a new GV80, the 3.5T is the one you'll want because not only is it more powerful but also has a slight price advantage thanks to the aforementioned $1,000 in lease cash; you simply get more bang for your buck. The more nicely equipped 3.5T Advanced trim isn't being ignored as it will receive $750 in lease cash.

What many would still like to see from Genesis is a loyalty discount or a conquest bonus for those coming from a competitor. All of the above offers are valid through January 4, 2021.
 

· Registered
Joined
·
684 Posts
Could we expect Genesis to release a GV80 Lease Deal for Black Friday? If not, how likely is it that we'll see improved GV80 lease rates in the days and weeks ahead with Christmas and Boxing Day approaching? Anyone know?
 
1 - 4 of 4 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top