Genesis is finally fleshing out its lineup with the kinds of vehicles people want to buy: SUVs. The new 2022 Genesis GV70 is a smaller sibling to the company’s first SUV, the GV80. Details are scarce, but it’s expected to share a platform and powertrains with the company’s G70 sedan. Highlights include a rakish roofline and a new approach to interior design that blends high-technology with themes and forms of the past.
It's not well known, but you can often arrange to have the vehicle delivered to your home or workplace. This option allows you to sign the paperwork in a relaxed environment, skip the trip to the finance and insurance office, and avoid many car-buying pitfalls. Wherever you finalize the deal, call your insurance company and let your agent or customer service representative know that you'll need coverage for your new ride.
Cons: While buying new might be the most satisfying way to buy a car, it's also the most expensive. Some cars depreciate faster than others, but no matter what you're buying, your new car is going to experience depreciation the minute you drive it off the lot. That's not to say buying a new car isn't a good value, but it's a financial hit you should keep in mind if you're shopping for a new car. Consider doing a little homework on the depreciation rate of the car you have your eye on before pulling the trigger.
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