# Genesis GV70 — Used Car Buying Guide

AutoScout's analysis of the Genesis GV70 on the UK used-car market. Backed by 33 million DVSA MOT tests, current AutoTrader pricing, and depreciation curves derived from CAP/Glass's Guide data.

Live interactive report: https://autoscout.fyi/cars/genesis-gv70

## Verdict

- **Best value year**: 2022
- **Ideal trim**: Sport
- **Target mileage**: 30,000–50,000 miles
- **Max previous owners**: 2
- **Target price**: £29,900

## Why this model

⚠️ Limited UK data — Genesis only arrived in the UK in 2021, so we have fewer MOT tests and less resale history than established brands. The Genesis GV70 Electrified is a fantastic choice if you're looking for a premium electric SUV that stands out from the usual German crowd. It offers a luxurious interior, impressive performance with its dual-motor AWD setup, and a comfortable ride. The 74kWh usable battery provides a decent real-world range, and its rapid charging capabilities mean less waiting on longer journeys. Genesis also offers excellent customer service and a comprehensive warranty, which is a big plus for a newer brand.

## What you should pay

The verified used price for a 2022 Genesis GV70 Electrified with 30,000-50,000 miles is around £29,900. This represents a significant drop from its new price, making it excellent value for a premium EV. Given Genesis's relatively recent entry into the UK, prices can vary, so expect a range of £24,000 to £36,000 depending on condition, mileage, and specific trim. The liquid-cooled battery system helps maintain battery health, with expected degradation around 1.8% per year, meaning a 2022 model should still have excellent capacity.

## Which trim to buy

The 'Sport' trim is often the sweet spot for the Electrified GV70. It typically includes desirable features like a sportier exterior design, larger alloy wheels, upgraded brakes, and a more dynamic interior with unique trim accents. While the 'Premium' trim is already well-equipped, the 'Sport' adds that extra touch of visual appeal and driving engagement without a massive jump in price, making it the best value for money in the used market.

## What to check before you buy

- Check battery health (SoH) via a diagnostic tool if possible, though degradation is typically low (~1.8%/year).
- Ensure all advanced tech features (infotainment, driver assists) are fully functional, as software glitches can occur.
- Inspect tyres for uneven wear, especially given the car's powerful electric motors.
- Look for any signs of charging port damage or slow charging issues.

## Running costs

Running an Electrified GV70 can be very cost-effective, especially if you charge at home. Real-world efficiency is around 2.9 mi/kWh. Using a standard home electricity rate (24.5p/kWh), it costs about 8.3p/mile, or roughly £832 per year for 10,000 miles. If you have a smart EV tariff like Octopus Go or Intelligent Octopus (around 9p/kWh overnight), this drops to about 3.1p/mile, costing only £306 per year for 10,000 miles – a saving of over £500 annually! Road tax for EVs is free until April 2025, after which it will be £195 per year. Insurance for a premium EV like this typically ranges from £800 to £1,500 per year, depending on your personal circumstances.

## Key stats

- **Fuel Type**: Electric
- **Horsepower**: 483 hp
- **Mpg**: N/A
- **Reliability Score**: Genesis, as part of the Hyundai/Kia group, generally offers good reliability, backed by a strong warranty.
- **Safety Rating**: 5-star Euro NCAP (2021 for ICE model, Electrified expected to be similar)

## Trim comparison

| Trim | Price new | Price used | Key features |
| --- | --- | --- | --- |
| Premium | £60,000 | £27,500 | 19-inch alloy wheels; Leather upholstery; Heated front seats |
| Sport | £65,000 | £29,900 | 20-inch sport alloy wheels; Sport-specific exterior styling; Nappa leather seats |
| Ultimate | £70,000 | £32,500 | 21-inch alloy wheels; Panoramic sunroof; Lexicon premium sound system |

## Depreciation forecast

| Year | Estimated value | Retention |
| --- | --- | --- |
| 2026 | £29,900 | 0% |
| 2027 | £25,415 | 15% |
| 2028 | £22,365 | 25.2% |
| 2029 | £20,128 | 32.7% |
| 2030 | £18,518 | 38% |

Buying a 3-4 year old Genesis GV70 Electrified means you're past the steepest part of its depreciation curve. The initial significant drop in value has already occurred, offering you a premium EV at a much more accessible price. While it will continue to depreciate, the rate will be slower, making it a smarter long-term purchase than buying new.

Total value lost since new: 38%.

## Alternatives to consider

- [BMW iX3](https://autoscout.fyi/cars/bmw-ix3.md)
- [Audi Q4 e-tron](https://autoscout.fyi/cars/audi-q4-e-tron.md)
- [Mercedes-Benz EQC](https://autoscout.fyi/cars/mercedes-eqc.md)

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Source: AutoScout (https://autoscout.fyi). Part of a review of the UK used-car market across 500+ models.