The 2023 Genesis GV70 is a relatively new entrant in the luxury compact SUV segment, introduced for the 2022 model year. This stylish crossover boasts a distinctive "Athletic Elegance" design philosophy, available in 2.5T and 3.5T Sport trims. With an original pricing range typically spanning from the low $40,000s to the mid-$60,000s, it quickly gained popularity for its striking aesthetics, opulent interior, and impressive performance, offering a compelling alternative to established European rivals.
The Good
The 2023 Genesis GV70 excels with its dynamic performance, luxurious and impeccably designed interior, and surprisingly good value proposition. Emotionally, its breathtaking aesthetics and engaging driving experience captivate. Practically, its robust build, comfortable ride, comprehensive safety features, and competitive pricing against European rivals make it a smart choice for discerning buyers.
The Bad
While impressive, the 2023 Genesis GV70 isn't without minor drawbacks. Some owners note a firm ride, especially with larger wheels, and a slightly less intuitive infotainment controller compared to rivals. Rear seat space, while adequate, isn't class-leading, and brand recognition is still building compared to established luxury marques.
2023 Genesis GV70: Quick Overview
- Engine Options: The 2023 Genesis GV70 offers two potent turbocharged gasoline engines.
- 2.5-liter Turbocharged I4: Standard engine, delivering a strong balance of power and efficiency.
- 3.5-liter Twin-Turbocharged V6: Available in Sport trims, offering significantly enhanced performance.
- Horsepower:
- 2.5T: Approximately 300 horsepower and 311 lb-ft of torque.
- 3.5T Sport: Approximately 375 horsepower and 391 lb-ft of torque.
- Fuel Economy (EPA estimates, AWD):
- 2.5T: Around 22 MPG combined (22 city/28 highway).
- 3.5T Sport: Around 21 MPG combined (19 city/26 highway).
- 0-60 MPH Times (manufacturer/estimated):
- 2.5T: Roughly 5.8-6.0 seconds.
- 3.5T Sport: Impressive 4.9-5.1 seconds.
- Towing Capacity: When properly equipped, both engine variants of the GV70 can tow up to 3,500 pounds, making it suitable for light recreational towing needs.
- Trim-Level Features: The GV70 is typically offered in 2.5T and 3.5T Sport configurations, each with various packages. Key features often include:
- Standard (2.5T Advanced/Prestige): 19-inch wheels, LED lighting, a 14.5-inch infotainment touchscreen with navigation, Apple CarPlay/Android Auto, heated front seats, power liftgate, comprehensive suite of advanced driver-assistance systems (ADAS).
- 3.5T Sport (Sport Advanced/Prestige): Adds the more powerful V6 engine, larger 21-inch wheels, electronically controlled suspension, sport-tuned steering, Brembo brakes (on some packages), leather upholstery, ventilated front seats, heated rear seats, a panoramic sunroof, Lexicon premium audio system, a 12.3-inch 3D digital gauge cluster, and a head-up display. Specific packages layer on features like Nappa leather, a suede headliner, and advanced parking assistance.
2023 Genesis GV70 Specifications
Vehicle Information
| Year | 2023 |
| Make | Genesis |
| Model | GV70 |
| Trim | - |
| Style | SUV 2.5-T |
| Type | Sport Utility Vehicle |
| Category | Standard Sport Utility Vehicle |
Manufacturing Details
| Made In | Korea |
| Manufacturing City | UL-SAN |
Dimensions
| Doors | 4-Door |
| Curb Weight | 4167 pounds |
| Gross Vehicle Weight Rating | 6000 pounds |
| Overall Height | 64.2 in |
| Overall Length | 185.6 in |
| Overall Width | 75.2 in |
| Wheelbase Length | 113.20 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 2.5-L I4 |
| Engine Size | 2.5L |
| Engine Cylinders | 4 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | All-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $65,850 |
| Invoice Price | - |
| Delivery Charges | $1,095 |
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What Problems Does the 2023 Genesis GV70 Have?
As the 2023 Genesis GV70 is a relatively new model, being only its second year of production, comprehensive long-term reliability data is still accumulating. However, early indications and reports from the initial 2022 model year suggest a generally positive outlook. There haven't been widespread, commonly reported mechanical issues or significant "frequently reported problems" that plague the vehicle across the board in its early life. Most feedback points to solid build quality expected from the Genesis brand, which leverages Hyundai's established engineering prowess.
Specific to early production runs of the 2022 and 2023 models, some minor software glitches or infotainment system idiosyncrasies were occasionally noted, but these were typically resolvable via over-the-air updates or dealership service. Isolated reports of slight wind noise at highway speeds have also appeared, though this isn't a universal complaint.
Regarding recalls, as of late 2023/early 2024, there have been a few minor safety recalls issued by the NHTSA that could apply to the 2023 GV70. These have included issues like:
Specific to early production runs of the 2022 and 2023 models, some minor software glitches or infotainment system idiosyncrasies were occasionally noted, but these were typically resolvable via over-the-air updates or dealership service. Isolated reports of slight wind noise at highway speeds have also appeared, though this isn't a universal complaint.
Regarding recalls, as of late 2023/early 2024, there have been a few minor safety recalls issued by the NHTSA that could apply to the 2023 GV70. These have included issues like:
- A potential problem with the fuel pump in some vehicles that could lead to a loss of drive power (affecting a small number of 2022-2023 Genesis models).
- A possible issue with the integrated starter generator (ISG) wiring in certain vehicles that could short circuit (also affecting a broader range of Genesis and Hyundai models).
How long will the 2023 Genesis GV70 last?
Based on the general reputation of Genesis and its parent company, Hyundai, the 2023 Genesis GV70 is expected to offer excellent long-term durability. Owners who adhere to the recommended maintenance schedule can reasonably expect their GV70 to achieve 150,000 to 200,000 miles or more, potentially spanning 10-15 years of service. While specific owner data for the GV70 is still nascent due to its newness, Genesis models typically demonstrate robust engineering. Over time, potential weaknesses might include wear on sophisticated electronic components, which are common in tech-laden luxury vehicles, and higher costs for specific luxury-tier parts. Regular servicing, including fluid changes and timely replacements of wear-and-tear items, is paramount for maximizing its lifespan and mitigating age-related issues. The powertrains are generally considered reliable.
What Technology & Safety Features are Included?
The 2023 Genesis GV70 is replete with cutting-edge technology, offering a sophisticated and user-friendly experience.
Built-in Tech & Entertainment:
Driver-Assistance & Safety Features (ADAS): The GV70 comes standard with an extensive suite of advanced driver-assistance systems, contributing to its strong safety profile.
Passive Safety: Equipped with 10 airbags, including a front center airbag.
Crash-Test Ratings:
Built-in Tech & Entertainment:
- Infotainment System: A standard 14.5-inch HD touchscreen dominates the dashboard, controlled by touch, a rotary controller on the center console, or voice commands. It includes built-in navigation, Apple CarPlay, and Android Auto (though initially wired, wireless connectivity was added to some later builds/updates).
- Digital Gauge Cluster: Upper trims feature a stunning 12.3-inch 3D digital instrument cluster, providing customizable displays with a unique depth effect.
- Premium Audio: An available Lexicon 16-speaker premium audio system delivers exceptional sound quality.
- Other Features: Wireless phone charging, multiple USB ports, Genesis Connected Services for remote access and emergency assistance are standard or available.
Driver-Assistance & Safety Features (ADAS): The GV70 comes standard with an extensive suite of advanced driver-assistance systems, contributing to its strong safety profile.
- Forward Collision-Avoidance Assist (FCA) with Pedestrian/Cyclist Detection and Junction Turning.
- Lane Keeping Assist (LKA) and Lane Following Assist (LFA).
- Blind-Spot Collision-Avoidance Assist (BCA).
- Rear Cross-Traffic Collision-Avoidance Assist (RCCA).
- Driver Attention Warning (DAW).
- Smart Cruise Control with Stop & Go.
- Highway Driving Assist (HDA) II, an advanced adaptive cruise control system that includes lane-changing assist.
- Remote Smart Parking Assist (RSPA) for automated parking (optional on higher trims).
- Surround View Monitor and Parking Distance Warning.
Passive Safety: Equipped with 10 airbags, including a front center airbag.
Crash-Test Ratings:
- The 2023 Genesis GV70 earned a "Top Safety Pick+" award from the Insurance Institute for Highway Safety (IIHS), the highest possible rating, with "Good" ratings in all crashworthiness tests and "Superior" for front crash prevention.
- The National Highway Traffic Safety Administration (NHTSA) awarded the 2023 GV70 a 5-star overall safety rating, their highest rating.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
2023 Genesis GV70 Prices and Market Value
When new, the 2023 Genesis GV70 had a Manufacturer's Suggested Retail Price (MSRP) ranging roughly from the low $40,000s for the base 2.5T trim to the mid-$60,000s for a fully loaded 3.5T Sport Prestige model. For example, a 2.5T Advanced might start around $46,000, while a 3.5T Sport Prestige could push $65,000.
In the current used market, given its relative newness and popularity, the 2023 GV70 generally holds its value quite well compared to many luxury competitors. Prices for used 2023 models can range from the high $30,000s for a lower-mileage 2.5T to the high $50,000s or even low $60,000s for well-equipped 3.5T variants. Depreciation for Genesis vehicles has historically been better than some European rivals but not as strong as Lexus. Factors affecting its resale value include its excellent design, strong performance, comprehensive feature set, and high crash-test ratings. However, being a newer luxury brand, it may still experience slightly higher depreciation than perennial segment leaders like the BMW X3 or Audi Q5 over the very long term, though its initial depreciation has been quite reasonable. Mileage, condition, and optional packages significantly influence current used prices.
In the current used market, given its relative newness and popularity, the 2023 GV70 generally holds its value quite well compared to many luxury competitors. Prices for used 2023 models can range from the high $30,000s for a lower-mileage 2.5T to the high $50,000s or even low $60,000s for well-equipped 3.5T variants. Depreciation for Genesis vehicles has historically been better than some European rivals but not as strong as Lexus. Factors affecting its resale value include its excellent design, strong performance, comprehensive feature set, and high crash-test ratings. However, being a newer luxury brand, it may still experience slightly higher depreciation than perennial segment leaders like the BMW X3 or Audi Q5 over the very long term, though its initial depreciation has been quite reasonable. Mileage, condition, and optional packages significantly influence current used prices.
2023 Genesis GV70 Cost of Ownership
The 2023 Genesis GV70, as a luxury compact SUV, presents a mixed picture regarding ownership costs. Insurance costs are typically higher than mainstream vehicles due to its luxury status, higher repair costs for premium parts, and powerful engines. Fuel costs will vary based on engine choice; the 2.5T is reasonably efficient for its class, while the 3.5T V6 will naturally consume more premium fuel.
Maintenance costs for Genesis vehicles are generally competitive within the luxury segment. Hyundai/Genesis offers complimentary scheduled maintenance for the first 3 years/36,000 miles, which is a significant saving early on. Beyond that, expect service costs to be higher than a non-luxury brand, though often less than some German rivals. Repair costs, if out of warranty, can be substantial due to specialized parts and labor, though the strong warranty (5-year/60,000-mile basic, 10-year/100,000-mile powertrain) mitigates early unexpected expenses. Overall, it's not an "economical" car to own in the long run like a Honda CR-V, but it offers a good balance of luxury features and relatively manageable costs within its premium segment, especially considering the initial complimentary maintenance.
Maintenance costs for Genesis vehicles are generally competitive within the luxury segment. Hyundai/Genesis offers complimentary scheduled maintenance for the first 3 years/36,000 miles, which is a significant saving early on. Beyond that, expect service costs to be higher than a non-luxury brand, though often less than some German rivals. Repair costs, if out of warranty, can be substantial due to specialized parts and labor, though the strong warranty (5-year/60,000-mile basic, 10-year/100,000-mile powertrain) mitigates early unexpected expenses. Overall, it's not an "economical" car to own in the long run like a Honda CR-V, but it offers a good balance of luxury features and relatively manageable costs within its premium segment, especially considering the initial complimentary maintenance.
2023 Genesis GV70 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
24 gallons
City Mileage
22 miles/gallon
Highway Mileage
28 miles/gallon
2023 Genesis GV70 Safety Rating
NHTSA
2023 Genesis GV70 Warranty
Basic
Original warranty
60 months / 60,000 miles
Estimated remaining
36 months / 60,000 miles
Powertrain
Original warranty
120 months / 100,000 miles
Estimated remaining
96 months / 100,000 miles
Rust
Original warranty
84 months / unlimited miles
Estimated remaining
60 months / unlimited miles
2023 Genesis GV70 Insurance
Insurance for a 2023 Genesis GV70 is moderately priced, reflecting its status as a Sport Utility Vehicle with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 Genesis GV70 Compare to Other Sport Utility Vehicle?
The 2023 Genesis GV70 directly competes in the hotly contested luxury compact SUV segment, facing formidable rivals such as the BMW X3, Audi Q5, Mercedes-Benz GLC, Lexus NX, and Volvo XC60.
Recommendation:
The Genesis GV70 is a strong contender. For buyers prioritizing cutting-edge design, powerful standard features, a compelling driving experience, and excellent value for money in the luxury segment, the GV70 is a fantastic choice.
Alternatives:
- Performance: The GV70 shines here, especially the 3.5T Sport, which, with its 375 hp, can easily outpace base and even mid-level engines of its German competitors. Its handling is dynamic and engaging, often praised for its athleticism, rivaling the X3 while offering a smoother ride than some. The 2.5T also delivers more standard horsepower than many base German luxury engines.
- Features: Genesis loads the GV70 with an incredibly generous standard feature set. It often includes items as standard that are expensive options on rivals, such as the large infotainment screen, extensive ADAS suite, and even premium interior materials. Its interior design and material quality are often considered on par with, or even exceeding, rivals, offering a fresher aesthetic.
- Reliability: While a newer brand, Genesis benefits from Hyundai's strong reputation for reliability. Early indications suggest the GV70 is robust. It offers one of the best warranties in the luxury segment (5-year/60,000-mile basic, 10-year/100,000-mile powertrain), which often surpasses the coverage of BMW, Audi, and Mercedes, though Lexus is also known for strong long-term dependability.
- Price: This is where the GV70 delivers exceptional value. Its starting price is highly competitive, and even fully optioned, it often undercuts similarly equipped German rivals by several thousand dollars, while offering more standard features.
Recommendation:
The Genesis GV70 is a strong contender. For buyers prioritizing cutting-edge design, powerful standard features, a compelling driving experience, and excellent value for money in the luxury segment, the GV70 is a fantastic choice.
Alternatives:
- BMW X3: For ultimate driving dynamics and slightly more cargo space.
- Audi Q5:0 For refined elegance, a quiet cabin, and top-tier interior materials.
- Lexus NX: For proven long-term reliability and a plush, serene ride, albeit with less exciting performance.
- Mercedes-Benz GLC: For a more traditional luxury feel and sophisticated interior design.
Final Verdict: Is the 2023 Genesis GV70 a Good Sport Utility Vehicle?
The 2023 Genesis GV70 is an outstanding luxury compact SUV, ideally suited for buyers seeking a distinctive vehicle that perfectly blends "Athletic Elegance" with compelling performance and exceptional value. It's perfect for individuals or small families who appreciate striking design, a lavish interior packed with technology, and an engaging driving experience.
It is absolutely worth buying, whether new or as a slightly used model. For those looking for a fresh face in the luxury segment that offers more standard features and performance for the dollar than established German rivals, a new GV70 is an intelligent choice. Opting for a certified pre-owned (CPO) GV70 from the 2022 or 2023 model year offers an even greater value proposition, retaining much of its comprehensive warranty and luxury appeal at a reduced price point. We recommend the 3.5T Sport for enthusiasts craving power, while the 2.5T remains an excellent, well-balanced option for everyday luxury. The GV70 successfully carves its niche by providing a premium experience without the premium price tag often associated with its competitors.
It is absolutely worth buying, whether new or as a slightly used model. For those looking for a fresh face in the luxury segment that offers more standard features and performance for the dollar than established German rivals, a new GV70 is an intelligent choice. Opting for a certified pre-owned (CPO) GV70 from the 2022 or 2023 model year offers an even greater value proposition, retaining much of its comprehensive warranty and luxury appeal at a reduced price point. We recommend the 3.5T Sport for enthusiasts craving power, while the 2.5T remains an excellent, well-balanced option for everyday luxury. The GV70 successfully carves its niche by providing a premium experience without the premium price tag often associated with its competitors.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.