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Genesis value appraisal
A quick guide to the Genesis value tool
How Genesis values are calculated: Our calculator uses data from a wide variety of sources, including dealer transactions, depreciation costs for unique vehicles, and consumer information. The appraised value is based on factors such as the year of the Genesis, the model, trim, mileage, depreciation and features.
Which Genesis vehicles can be appraised: Just about every Genesis is covered. The tool appraises vehicles dating back to 1990, so if you own a classic car, this method will not work. In that specific case, you'd need to find a specialized classic car guide, such as Hagerty, to determine its fair market value.
What you'll see in your Genesis appraisal: We will help you make the best decision if you're selling or trading in your Genesis. You will be presented with three or four Genesis automobile values: trade-in, private party, dealer retail and certified used. The trade-in price is what you can expect from car dealerships if you trade in your current vehicle for your next car. It is always the lowest of the values.
If you plan on doing a private sale, the private-party amount is what a seller can expect. This is always a higher amount than the trade-in value, but it takes more work because you'll be dealing with buyers yourself.
The dealer retail value is for used Genesis customers. It's an average of what a shopper may expect to pay when they visit the Genesis dealership to buy the pre-owned Genesis. If your used Genesis is new enough, you will also see a suggested "certified used" number, the approximate sale price for customers looking for a certified pre-owned vehicle.
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FAQ
- Many Genesis owners are understandably interested in Genesis resale value. But how can you get reliable data on how well Genesises hold their value? Thanks to industry-leading vehicle transaction data, the Edmunds Appraisal tool is the best place to start. Simply enter the year, make, and model, and you're on your way to finding out just how much value that Genesis has retained from new. Learn more
- Whether Genesis vehicles are worth the money is really a matter of personal opinion. Every brand has its loyalists and detractors. Having said that, the question of whether Genesises are a good value can be addressed by reading Edmunds' peerless consumer reviews. If you're curious about a given Genesis year and model, just look at the consumer reviews. You'll get a great feel for whether actual Genesis owners feel that their Genesises were worth the money. Learn more
- The Edmunds Appraisal tool means that checking the value of your car has never been easier. You can start with the year, make, and model of your car, or you can plug in the VIN or even the license plate. We'll leverage our deep vehicle transaction data to give you an accurate appraisal on the spot, and we'll never ask for your personal information. Learn more
- The value of a given Genesis vehicle depends on a number of factors. How old is it? What condition is it in? How many miles are on it? These are just some of the questions that need to be answered before the value of a Genesis can be assessed. But that's exactly what the Edmunds Appraisal tool is for. It walks you through the process step by step, and at the end, you'll have an accurate estimate of how much that Genesis is worth. Learn more
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Resources For Buying or Selling A Car
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