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Used Genesis GV70
For a used Genesis GV70 model, the car loses about £522 per month in value.
Higher mileage increases depreciation, so keeping the Genesis within the average range helps control this. Regular upkeep is vital, a well-maintained GV70 with a service history will depreciate slower than a neglected one.
With an average, estimated monthly depreciation of £522, the annual total is around £6260.
Average Monthly Depreciation
A summary of the past 12 and an estimation of the next 6 months.
Past 12 months
-£6,260
Next 6 months
-£12,520
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Are you considering purchasing a used electric car? The Genesis GV70 is a solid choice. AutoUncle has 48 used Genesis GV70s for sale in UK, each one gathered from an online marketplace or dealership website.
Currently, the prices for a pre-owned Genesis GV70 start at £34,990 and go up to £48,850.
The used car price for the South Korean car is dictated by five main factors: what year the car is from, engine size and power, the car's fuel efficiency, mileage along with equipment level.
As an example, a newer model with fewer miles covered, or a high-end version boasting a potent engine, often fetches a top-tier price than, for example, an older model with more kilometres driven or with a lower equipment level.
When assessing the price tags of second-hand Genesis GV70 cars, it is important only comparing the deals of cars with the same engine and equipment. If you don't, you could reach a wrong decision on which car to acquire.
The predominant fuel variant for the Genesis GV70 is el. .
Fuel types for Genesis GV70:
Electric cars are becoming increasingly popular in the UK market for several reasons, including reduced CO2 emission, faster acceleration and greater comfort. The embrace of electric vehicles like the Genesis GV70 plays a significant role in the changeover to more green and sustainable transport solutions.
Check out AutoUncle's selection of electric vehicles here
A considerable number of rewards come from investing in a used electric vehicle. Some of the rewards of choosing a previously owned electric car is:
Lower purchase price: Pre-owned electric vehicles are typically less expensive than brand-new models. This lower price point makes EV technology accessible to a wider range of buyers.
Environmental impact: The choice of a second-owner electric car over a new one further reduces its carbon footprint. The production of a new car, specifically the battery, has a significant carbon footprint. Acquiring a previously owned car means you're not contributing to this.
Improved battery life: The issue of battery life in electric cars has become less pressing with the improvement in technology. A significant portion of battery life remains in many used electric vehicles, alongside a downward trend in the costs of battery replacement.
Performance and technology: A considerable amount of the latest electric vehicles offer notable performance and cutting-edge technology. Even vehicles a few years old are capable of offering a state-of-the-art driving experience.
Government incentives: Even though it's less compared to new electric vehicles, government incentives for used electric cars might still be in place, such as reduced road tax and access to low-emission zones.
The Genesis GV70 only comes in the SUV body type in the UK. Sport Utility Vehicles, or SUVs, are some of the most popular cars on the market today, thanks to their versatile style and elevated ride height.
There exist some possible competitors to the Genesis GV70.
Recommended alternatives to the Genesis GV70
With a selection of 7,306 available models on AutoUncle, the Nissan Qashqai unequivocally positions itself as the leading alternative to the Genesis GV70. The Nissan Qashqai has an average price tag of £14,499.
Another alternative car is the Kia Sportage with 5,823 cars currently for sale with an average sales price of £17,998. The Land Rover Range Rover evoque is the third best alternative. There are currently 5,340 of this car for sale in the UK with an average sales price of £17,195.