The 2024 Genesis GV60 is a premium all-electric compact crossover, first introduced for the 2023 model year. It shares its E-GMP platform with Hyundai's Ioniq 5 and Kia's EV6, but distinguishes itself with a luxurious interior and distinctive styling. Key trims include the Advanced and Performance, with pricing generally starting in the high $50,000s. Its popularity stems from its opulent cabin, rapid acceleration, and advanced technology, offering a compelling alternative in the growing EV luxury segment.
The Good
The GV60 excels with exhilarating electric performance, a serene and luxurious interior for comfort, striking futuristic design that captivates emotionally, and impressive efficiency. Its value proposition lies in its premium features and technology at a competitive price point for its class, appealing to both discerning tastes and budget-conscious practicality.
The Bad
Potential buyers should be aware of the GV60's relatively limited maximum driving range compared to some rivals, and its charging speed, while good, isn't class-leading. Some users find the touch-sensitive controls and crystal sphere shifter to be less intuitive than traditional buttons. Rear visibility can also be somewhat compromised by the styling.
2024 Genesis GV60: Quick Overview
- Engine Options: The 2024 Genesis GV60 is exclusively offered with an all-electric powertrain, featuring dual electric motors for all-wheel drive.
- Horsepower:
- Advanced Trim: 314 horsepower
- Performance Trim: 483 horsepower (up to 429 hp with Boost mode)
- Fuel Economy (MPGe):
- Advanced Trim: Approximately 97 city / 83 highway / 90 combined MPGe
- Performance Trim: Approximately 90 city / 75 highway / 82 combined MPGe
- 0-60 Times:
- Advanced Trim: Around 5.5 seconds
- Performance Trim: Around 4.0 seconds (with Boost mode activated, estimated closer to 3.7 seconds)
- Towing Capacity: The 2024 Genesis GV60 does not have a factory-specified towing capacity and is not designed for towing.
- Trim-Level Features:
- Advanced Trim: Standard features include a 12.3-inch infotainment touchscreen, 12.3-inch digital instrument cluster, Nappa leather seating, heated and ventilated front seats, heated steering wheel, panoramic sunroof, wireless device charging, Genesis Connected Services, and a suite of advanced driver-assistance systems.
- Performance Trim: Builds upon the Advanced trim with features such as performance-tuned suspension, electronic limited-slip differential, larger wheels (21-inch), upgraded brakes, active noise cancellation, and a more powerful dual-motor setup.
2024 Genesis GV60 Specifications
Vehicle Information
| Year | 2024 |
| Make | Genesis |
| Model | GV60 |
| Trim | - |
| Style | - |
| Type | Minivan |
| Category | Standard Sport Utility Vehicle |
Manufacturing Details
| Made In | South Korea |
| Manufacturing City | UL-SAN |
Dimensions
| Doors | - |
| Curb Weight | - |
| Gross Vehicle Weight Rating | 6000 pounds |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | - |
| Engine Size | - |
| Engine Cylinders | - |
| Transmission | - |
| Transmission Type | - |
| Transmission Speeds | - |
| Drivetrain | Four-Wheel Drive |
Additional Features
| Anti-Brake System | Standard |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 2024 Genesis GV60 Have?
As a relatively new vehicle, the 2024 Genesis GV60 has not accumulated extensive long-term reliability data. However, early owner reports and reviews have highlighted a few areas that prospective buyers might want to consider. One recurring theme revolves around the user interface and infotainment system. Some users have found the touch-sensitive controls, particularly those on the center console like the Crystal Sphere shifter, to be occasionally finicky or prone to accidental activation. This can lead to a learning curve and a slight distraction while driving.
Another point of discussion is the charging experience. While the GV60 supports fast charging, some owners have reported variability in charging speeds or minor glitches with the charging port activation. This is not a widespread issue but something to be aware of, and software updates may address such concerns. The GV60, like many EVs, can be sensitive to cold weather, which can temporarily reduce range and charging performance, though this is a common characteristic of battery technology.
There have been no major widespread mechanical failures reported for the 2024 model year. Recalls, when they occur, are typically minor software updates or related to specific component installations. Genesis generally offers a robust warranty, including a lengthy battery warranty, which provides a good safety net for early adopters. The E-GMP platform, shared with other Hyundai and Kia models, has a growing track record, suggesting a solid foundation. Owners are advised to stay updated on any service bulletins or recalls issued by Genesis.
Another point of discussion is the charging experience. While the GV60 supports fast charging, some owners have reported variability in charging speeds or minor glitches with the charging port activation. This is not a widespread issue but something to be aware of, and software updates may address such concerns. The GV60, like many EVs, can be sensitive to cold weather, which can temporarily reduce range and charging performance, though this is a common characteristic of battery technology.
There have been no major widespread mechanical failures reported for the 2024 model year. Recalls, when they occur, are typically minor software updates or related to specific component installations. Genesis generally offers a robust warranty, including a lengthy battery warranty, which provides a good safety net for early adopters. The E-GMP platform, shared with other Hyundai and Kia models, has a growing track record, suggesting a solid foundation. Owners are advised to stay updated on any service bulletins or recalls issued by Genesis.
How long will the 2024 Genesis GV60 last?
Estimating average mileage or years of service for the 2024 Genesis GV60 is challenging due to its recent introduction. However, based on typical luxury EV ownership patterns and Genesis's commitment to quality, it is reasonable to expect the GV60 to be durable and reliable for at least 100,000 to 150,000 miles or 8-10 years with proper maintenance. Key to its long-term durability will be the health of the battery pack, which Genesis typically backs with a substantial warranty (e.g., 10 years/100,000 miles for the battery). Weaknesses over time could include the longevity of intricate interior electronics or the paint and trim if not cared for. Regular software updates and adherence to recommended maintenance schedules will be crucial for maximizing its lifespan.
What Technology & Safety Features are Included?
The 2024 Genesis GV60 is replete with cutting-edge technology, entertainment, and safety features. Standard tech includes a dual 12.3-inch display setup, comprising a digital instrument cluster and a responsive infotainment touchscreen. This system supports navigation, Apple CarPlay, Android Auto, and Genesis Connected Services. A premium Bang & Olufsen audio system is also standard, offering an immersive listening experience. For convenience, wireless device charging is included.
Driver-assistance and safety features are extensive. The GV60 comes standard with Genesis SmartSense, which encompasses adaptive cruise control with stop-and-go, lane keeping assist, lane following assist, blind-spot collision avoidance assist, rear cross-traffic collision avoidance assist, forward collision avoidance assist with junction turning, and safe exit assist. A surround-view monitor and parking assist systems further enhance safety and maneuverability.
Optional features can enhance the experience further, though specific packages vary by trim. For instance, the Performance trim often includes an advanced head-up display. Genesis is known for its robust safety engineering, and while specific 2024 GV60 crash-test ratings from NHTSA and IIHS may still be emerging or updated, its platform and extensive suite of active safety features are designed to achieve top scores. Expect the GV60 to perform very well in crashworthiness tests, reflecting Genesis's commitment to occupant protection.
Driver-assistance and safety features are extensive. The GV60 comes standard with Genesis SmartSense, which encompasses adaptive cruise control with stop-and-go, lane keeping assist, lane following assist, blind-spot collision avoidance assist, rear cross-traffic collision avoidance assist, forward collision avoidance assist with junction turning, and safe exit assist. A surround-view monitor and parking assist systems further enhance safety and maneuverability.
Optional features can enhance the experience further, though specific packages vary by trim. For instance, the Performance trim often includes an advanced head-up display. Genesis is known for its robust safety engineering, and while specific 2024 GV60 crash-test ratings from NHTSA and IIHS may still be emerging or updated, its platform and extensive suite of active safety features are designed to achieve top scores. Expect the GV60 to perform very well in crashworthiness tests, reflecting Genesis's commitment to occupant protection.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2024 Genesis GV60 Prices and Market Value
When new, the 2024 Genesis GV60 typically started with an MSRP in the high $50,000s for the Advanced trim, with the Performance trim commanding a higher price, often in the low $60,000s. Current used market prices for a 2024 GV60 will vary significantly based on mileage, condition, trim level, and location, but expect to find examples in the $40,000-$55,000 range, depending on these factors.
Depreciation for the GV60 is expected to be moderate to significant in the first few years, a common trait for most new vehicles, especially luxury EVs. Factors influencing its resale value include its strong brand reputation for luxury and technology, its all-electric nature in an increasingly EV-focused market, and competition from other luxury EVs. Maintaining a good service history and keeping the vehicle in excellent condition will help mitigate depreciation and ensure a stronger resale value.
Depreciation for the GV60 is expected to be moderate to significant in the first few years, a common trait for most new vehicles, especially luxury EVs. Factors influencing its resale value include its strong brand reputation for luxury and technology, its all-electric nature in an increasingly EV-focused market, and competition from other luxury EVs. Maintaining a good service history and keeping the vehicle in excellent condition will help mitigate depreciation and ensure a stronger resale value.
2024 Genesis GV60 Cost of Ownership
Ownership costs for the 2024 Genesis GV60 lean towards the premium side, reflective of its luxury status. Insurance premiums can be higher due to the vehicle's advanced technology and luxury components. "Fuel" costs, in this case electricity, are generally lower than gasoline, making it economical to run daily, especially when charging at home during off-peak hours. Maintenance costs are typically lower than internal combustion engine vehicles due to fewer moving parts, with primary expenses being tire rotation, cabin air filters, and brake inspections. Repair costs for specialized EV components could be higher if out of warranty. Overall, while the initial purchase price is significant, the long-term running costs are competitive for a luxury electric vehicle.
2024 Genesis GV60 Fuel Efficiency
Fuel Type
Electric
Fuel Capacity
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City Mileage
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Highway Mileage
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2024 Genesis GV60 Safety Rating
NHTSA
2024 Genesis GV60 Insurance
Insurance for a 2024 Genesis GV60 is moderately priced, reflecting its status as a Minivan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2024 Genesis GV60 Compare to Other Minivan?
The 2024 Genesis GV60 competes in a rapidly growing segment of premium electric crossovers. Its primary rivals include the Tesla Model Y, Audi Q4 e-tron, BMW iX1 (where available), and the Volvo XC40 Recharge.
In terms of performance, the GV60's Performance trim offers exhilarating acceleration that often rivals or surpasses its competitors, particularly the Audi Q4 e-tron and Volvo XC40 Recharge. The Tesla Model Y Performance is a strong contender here as well.
When it comes to features and luxury, the GV60 truly shines. Its interior design is arguably more opulent and distinctive than the Model Y's minimalist approach or the Q4 e-tron's more conventional luxury. The GV60 offers unique touches like the Crystal Sphere and high-quality materials that appeal to buyers seeking a more traditional luxury experience. Tesla excels in its software and Supercharger network.
On reliability, the GV60 is built on the E-GMP platform, which is gaining a solid reputation. However, Tesla generally has a longer track record in the EV space. The Audi and Volvo entries also benefit from established automotive brands with years of experience.
Price-wise, the GV60 is positioned competitively. It offers a compelling package of luxury and performance often at a similar or slightly lower price point than similarly equipped German rivals like the Audi Q4 e-tron. The Tesla Model Y often presents a slightly different value proposition, especially considering its charging network and software ecosystem.
Recommendations:
In terms of performance, the GV60's Performance trim offers exhilarating acceleration that often rivals or surpasses its competitors, particularly the Audi Q4 e-tron and Volvo XC40 Recharge. The Tesla Model Y Performance is a strong contender here as well.
When it comes to features and luxury, the GV60 truly shines. Its interior design is arguably more opulent and distinctive than the Model Y's minimalist approach or the Q4 e-tron's more conventional luxury. The GV60 offers unique touches like the Crystal Sphere and high-quality materials that appeal to buyers seeking a more traditional luxury experience. Tesla excels in its software and Supercharger network.
On reliability, the GV60 is built on the E-GMP platform, which is gaining a solid reputation. However, Tesla generally has a longer track record in the EV space. The Audi and Volvo entries also benefit from established automotive brands with years of experience.
Price-wise, the GV60 is positioned competitively. It offers a compelling package of luxury and performance often at a similar or slightly lower price point than similarly equipped German rivals like the Audi Q4 e-tron. The Tesla Model Y often presents a slightly different value proposition, especially considering its charging network and software ecosystem.
Recommendations:
- For ultimate luxury and a unique design: The Genesis GV60 is a strong choice.
- For performance and the best charging infrastructure: The Tesla Model Y remains a benchmark.
- For a more conventional luxury EV experience with solid tech: The Audi Q4 e-tron is a worthy alternative.
- For Scandinavian design and safety focus: The Volvo XC40 Recharge is a compelling option.
Final Verdict: Is the 2024 Genesis GV60 a Good Minivan?
The 2024 Genesis GV60 is ideal for discerning buyers seeking a premium electric crossover that offers a distinctive blend of luxury, performance, and technology without the ubiquitous presence of some German luxury brands. It is an excellent choice for those who prioritize interior refinement, rapid acceleration, and a unique aesthetic.
Whether it's worth buying depends on individual priorities. If you value a serene, opulent cabin and a fun driving experience, the GV60 is definitely worth considering, especially when compared to rivals that may be more utilitarian or less design-focused.
Purchasing new offers the latest features and full warranty coverage. However, considering the current market and moderate depreciation, a lightly used 2024 model could represent even better value, particularly if you're looking at the Advanced trim, which still offers a substantial luxury and performance experience at a potentially lower entry price. The Performance trim is for those who demand maximum exhilaration and are willing to pay a premium for it.
Whether it's worth buying depends on individual priorities. If you value a serene, opulent cabin and a fun driving experience, the GV60 is definitely worth considering, especially when compared to rivals that may be more utilitarian or less design-focused.
Purchasing new offers the latest features and full warranty coverage. However, considering the current market and moderate depreciation, a lightly used 2024 model could represent even better value, particularly if you're looking at the Advanced trim, which still offers a substantial luxury and performance experience at a potentially lower entry price. The Performance trim is for those who demand maximum exhilaration and are willing to pay a premium for it.
Jovan
Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.