Beginning at $65,850, the Electrified GV70 is about $8,000 costlier than the usual gas-powered GV70. A $7,500 federal tax credit score would overcome that distinction, however this car does not qualify regardless of being in-built Alabama.
“The US-assembled Electrified GV70 is not eligible for the EV tax incentive when bought by customers. Nonetheless, it does obtain the tax credit score when leased, and Genesis passes that on to customers with extra enticing lease pricing,” a Genesis spokesperson instructed CarBuzz. So in case you’re contemplating this automobile, we extremely advocate leasing it, particularly with all of the uncertainty surrounding the swap to the NACS charging connector. It is also value noting this car is barely bought in 23 states, so it might not be out there the place you reside.
The Status Package deal provides one other $6,800, bringing the worth to $73,225. That is considerably costlier than a Tesla Mannequin Y, however the GV70 is in a special league when it comes to high quality. The Cadillac Lyriq is the closest when it comes to measurement and value. It begins at beneath $60,000 and delivers the next vary, however delivers much less commonplace energy, slower cost speeds, and could also be even tougher to seek out at sellers resulting from manufacturing constraints.
The Electrified GV70 is sort of flawless as a car, however authorities intervention and lack of availability are demerits on an in any other case good report. We want Genesis would provide a much less highly effective mannequin with the next vary or a bigger battery. Because it stands, it is a superb product that has just some niggles for patrons to contemplate rigorously. It is unlikely that anybody would remorse this buy, although.