Genesis Unveiled Two Futuristic Concepts In New York

In recent years, auto shows haven’t been the exciting showcases of new vehicles they once were, but this year’s New York International Auto Show has already seen a few compelling concept vehicles. Genesis took the opportunity to show off a pair of SUV concepts, including a sleek electric model and a performance SUV from a new sub-brand called Magma.

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  • Lorenzo It's simple: automakers stopped building enough vehicles that buyers want, while running behind schedule producing vehicles that buyers DON'T want.
  • Lorenzo Well, I guess it would be a good trade-in for a same year Buick Park Avenue with that sweet 3800 V6.
  • Lorenzo People don't want used EVs for the same reason my aunt Harriet never let guys handle food in her kitchen: "You don't know where they've been,"
  • Elvinas Used EV's price is dropping faster because new EV's are way too expensive. They are oveprised by at least 30-50 percent and sometimes even 70-100%. Adding questionable battery lifetime in used EV's results it high price drop.
  • Dwford EVs have always depreciated very fast. Now you have people who paid over MSRP a couple years ago very upside down in their EVs and you have the Tesla price cuts. Hertz is also dumping their EV feet onto the used car market. Unlike 5 years ago, the used EVs of today have real range, so if you want one they are a bargain, especially if you can get some government incentives as well