Used Genesis Sedans going for cheap?

[3.8Liter]

Was driving by the local car dealerships here and I saw a Genesis Sedan sitting in the parking lot, decided to take a quick drive by it and saw a price in the window of $28,000!!! Do our cars have really bad resale value or something?! (I am not sure if the car was in bad shape as I didn't stop to get out and look at it, just drove by in the lot)

[Administrator]

Perhaps it was a bad one or had really high mileage. I can't see a price drop like that for any other reason.

Nadeem

[Vibrant]

Too cheap if you ask me. Seen a few for low 30's

[SedanLove]

I have yet to see any used ones at my Hyundai dealership. I was suspecting a few would come back off of lease but not sure if people just continued their lease or if they sold so quick I didn't see them for sale. I am very happy with the Genesis so I suspect lots of other people have bought them and just kept them.

[Administrator]

Give it a little time and you will see all the off lease ones for sale. That will give us a better idea of the real resale value of these.

Nadeem