Car insurance costs for a Hyundai Genesis are $388 more per year than the Lexus ES 350, $10 less than the Infiniti Q50, and $168 more than the Lincoln MKZ when compared to other midsize luxury car models.
In the midsize luxury car class, the Hyundai Genesis ranks #24 out of 53 total compared vehicles for auto insurance affordability. A full coverage policy for the Genesis is predicted to cost $1,610 per year, whereas the class average insurance cost is $1,681 per year, a difference of $71 per year.
The figure below compares the typical Hyundai Genesis vehicle insurance prices to the most popular midsize luxury cars, such as the Mercedes-Benz CLA250, Audi A6, and Tesla Model S. Following the chart is a more detailed data table that breaks down average vehicle insurance policy pricing for all 53 models in the midsize luxury car segment.
Is a Genesis Coupe expensive to maintain?
The Hyundai Genesis coupe has a total annual car maintenance cost of $621. Given that the Hyundai Genesis coupe costs an average of $621 per year to keep and that the typical car costs $651 per year to maintain, the Genesis coupe is significantly less expensive to maintain.
Is the Hyundai Genesis Coupe a sports car?
The Hyundai Genesis Coupe is a rear-wheel-drive sports coupe produced by Hyundai Motor Company and initially debuted in Korea on October 13, 2008. It is Hyundai’s first rear-wheel-drive sports coupe, and it shares the Genesis premium sedan’s fundamental architecture.
On February 26, 2009, the Genesis Coupe was released as a 2010 model in the United States. The Genesis Coupe, according to Hyundai USA acting president and CEO John Krafcik, is meant “to create a driving experience that challenges automobiles like the Infiniti G37.”
The Hyundai Genesis Coupe remained labeled as a Hyundai when Genesis Motors was established as a separate luxury brand, and it was eventually phased out in 2016.
How much does it cost to insure a Genesis G70?
The average annual auto insurance rate for the Genesis G70 is $1,690, or $141 per month. Comprehensive (or non-collision) coverage costs roughly $402, liability/medical coverage costs around $502, and the remaining collision insurance costs around $786 per year.
The graph below shows how the average cost of G70 auto insurance fluctuates when the driver’s age and policy deductibles change. Insurance rates range from $1,274 per year for a driver aged 60 with a $1,000 bodily damage deductible to $3,934 per year for a motorist aged 20 with $250 deductibles.
Is a Genesis Coupe a reliable car?
The Hyundai Genesis Coupe is regarded above average in terms of reliability for a luxury midsize automobile. It received a 3.5 out of 5.0 rating from RepairPal, putting it in 16th position out of 31 models in its category.
The Genesis Coupe has an average cost of ownership. While the flaws it may develop have a higher likelihood of being serious, the vehicle’s average repair frequency partially compensates for the higher repair costs.
The 2016 Hyundai Genesis Coupe is rated highly by U.S. News & World Report. According to the J.D. Power rating system, it received a reliability value of 3.5 out of 5.0, which was regarded above average.
Are Hyundai Genesis reliable?
The Hyundai Genesis has a 3.5 out of 5.0 reliability rating, which places it 7th out of 30 luxury fullsize automobiles. The average yearly repair cost is $565, indicating that its ownership costs are average.
Is Genesis Coupe a good car?
The Hyundai Genesis Coupe has a lot of potential on paper, but it suffers from a number of problems that prevent it from being a thrilling sports coupe. Its 23 mpg overall is fairly impressive, thanks to a good-sounding and powerful V6 engine. The Coupe’s power is complemented by lively, nimble handling, making it a joy to drive.
Why is Hyundai insurance so high?
Because of their lack of driving expertise, young drivers are typically paid higher auto insurance premiums. Because of their inexperience, they are more difficult to insure.
The average cost of insurance for a Hyundai Elantra for an 18-year-old driver is $4,183 per year. This premium is nearly $2,902 higher than what a 40-year-old motorist would pay.
By pooling their automobile insurance policies, teenagers and their parents can save money. Young drivers may find purchasing insurance on their own to be prohibitively expensive.
Why is a Hyundai more expensive to insure?
Hyundai has a good guarantee, but it won’t help you pay for repairs if you get into an accident. Insurance companies examine how much a car will cost to fix after an accident. Replacement parts for older Elantras can be expensive due to the fact that they were made in Korea and imported to the United States. This cost is passed on to the owners in the form of higher insurance premiums. Hyundai began producing Elantras in Montegomery, Alabama, beginning with the 2011 model year, although this has yet to convert into lower repair prices.
Upscale Options on the Elantra Drive Insurance Costs
The Elantra has been totally remodeled, and the new model comes with a slew of appealing features. Adjustments are simple with full power accessories, and a trip computer keeps track of performance. The drive is made more enjoyable by a USB music interface and satellite radio, while solar glass keeps everyone comfortable. While all of these amenities contribute to the car’s overall luxury, they also increase the cost of insurance due to the high expense of replacing or repairing them in the event of an accident.
Poor Resale Value
If you buy a car and plan to keep it for a long time, you probably aren’t concerned about its resale value. Your insurance company, on the other hand, is quite worried about resale value. After an accident, cars that degrade quickly and have significant repair expenses, such as the Elantra, are more likely to be ruled a total loss. Insurance companies anticipate this by raising your premiums. Consider adding Gap insurance to the total package when purchasing your Elantra to protect your personal investment.
Are hyundais expensive to repair?
Hyundai Maintenance Costs: Frequently Asked Questions Hyundais are inexpensive to keep in good working order. The brand is ranked fourth overall by RepairPal, with owners spending an average of $468 per year on repairs and upkeep. This is less than the $652 annual industry average.