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By Colin Ryan
Updated January 30, 2025
Like every other Genesis, the 2023 Genesis GV60 comes with lots of standard equipment, including several features that would be optional in rivals — like a head-up display, a Bang & Olufsen audio system, and every major driver-assistance feature.
This new GV60 comes in Advanced AWD and Performance AWD variants, with AWD signifying all-wheel drive as standard. Maximum range is 248 miles.
This is also going to be the first Genesis to be built in the United States at Hyundai’s plant in Montgomery, Alabama. The new GV60 shares a dedicated electric vehicle (EV) platform with the Hyundai Ioniq 5 and Kia EV6. But the differences that make this a special Genesis model include several high-tech features, the aforementioned generous equipment inventory, and a lot of design flair.
2023 Genesis GV60 pricing starts at $33,978 for the GV60 Advanced Sport Utility 4D, which had a starting MSRP of $60,415 when new. The range-topping 2023 GV60 Performance Sport Utility 4D starts at $34,559 today, originally priced from $69,415.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$60,415 | $33,978 | |||
$69,415 | $34,559 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Genesis GV60 models in typical condition when purchasing from a dealership. These prices are updated weekly.
Acceleration is phenomenal. Grip is phenomenal. The steering feels quick and precise, with a pleasant weight to it, even if it’s not particularly informative. But let’s back up a bit.
Finding the ideal driving position in the 2023 GV60 might take some time and several tweaks, despite 14-way power adjustability for the seat. The extendable under-thigh support is a welcome inclusion, however. The Performance model’s front seats also have a lumbar massaging function that comes on automatically after an hour.
With the audio system turned off, the whine of the motors and general road noise become more noticeable. Better to turn the stereo on and enjoy the active noise cancellation. It is a Bang & Olufsen setup, after all.
An adaptive suspension is fitted to the Performance AWD model. In the Comfort setting on a really rough road surface, there’s a tendency for the car to pitch, with the front end going up and down. Many drivers will find Sport mode preferable in virtually every situation. And the Performance model’s 21-inch alloy wheels don’t have an adverse effect on ride quality.
Overall, the new GV60 SUV feels composed and eminently controllable. Especially when the brake regeneration starts slowing the vehicle — a benefit taken to its logical conclusion with the i-Pedal mode.
The highest degree of brake regeneration comes in eagerly and can bring the vehicle to a stop if the driver stays off the throttle. The benefits aren’t just maximizing range along with immediate thrust and retardation in frenetic city driving. It can also be useful when blasting along a canyon road with one tricky corner after another.
And blasting is well within the GV60’s capabilities. The Performance AWD model has the most horsepower, but its Advanced AWD stablemate has the same amount of torque (a meaty 446 lb-ft), so it’s hardly going to be left in the dust. Well, not most of the time.
The horsepower advantage in the Performance AWD model is enhanced by an electronic limited-slip differential (E-LSD) at the rear and a boost function. The E-LSD allows drivers to get on the power early when exiting a corner, providing traction for the run to the next curve. Boost mode brings a 10-second jump from 429 horsepower to 483, with torque increased to 516 lb-ft. Accelerate along a straight, hit the Boost button on the steering wheel, and the GV60 becomes cartoonishly fast.
It takes a lot of pushing to get the tires squealing. When that happens, it’s the fronts that fall progressively into giving up their grip. That’s the safest option, so criticism would be churlish. But it seems like the GV60 only condones enthusiastic driving up to a point. It has the ability to manage beyond that point, yet then it feels like it’s containing the driver’s efforts rather than encouraging them.
Genesis calls it a Crystal Sphere gearshift, but if this crystal ball provides a vision into the future of the company’s interiors, then things are going to be interesting. The shifter is in a “floating” center console.
This intriguing piece of tech is complemented by what is becoming an increasingly common dashboard feature, the single-unit housing two screens, both of beautifully high resolution in this new GV60 SUV. There’s a 12.3-inch display for driver information and a 12.3-inch touchscreen for the infotainment system. We’re not crazy about the way the rectangular instrument cluster has its top corners obscured by the round steering wheel, but all the crucial information is visible.
The main color schemes are black or white/gray, although Performance trim also offers a navy blue option with yellow stitching, the same yellow as the Boost button on the steering wheel. The simulated leather includes polymers extracted from corn, and some fabrics use recycled plastics and nylon yarn. Another interesting touch is that the glove compartment is more like a drawer.
The front seats can recline to a well-judged position for drivers to grab a little rest and relaxation while the GV60 is charging.
Shorter than the Tesla Model Y and Audi Q4 e-tron, the new GV60 electric luxury SUV still manages to incorporate a relatively long wheelbase (the distance between the front and rear axles) for a decent amount of occupant space for what is really a compact vehicle.
Rear legroom is a respectable 37.6 inches. The main issue here is that if the driver’s seat is set low, it’s hard for passengers behind to slip their toes underneath. Cargo space behind the 60/40 split/folding rear seats measures 29 cubic feet. This increases to 57 cubic feet when those seats are both down.
Just under the rear seats is a power outlet — the Vehicle to Load feature — where users can charge laptops, run sound systems or even charge another electric vehicle. You can also access battery power from the external charging socket.
The long wheelbase and short overhangs give the GV60 electric SUV a pleasing profile. Genesis has also created arguably cool designs for the alloy wheels. Advanced trim has 20-inch wheels, and 21-inch alloys are fitted to the Performance model.
The chrome window surround (not too shiny) kinks into a V (for volt) at the rear pillars. Unusually, this surround also goes across the top of the windshield. Double headlights are echoed at the rear by dual taillights.
More of an SUV body style than anything else, the 2023 GV60 sticks with the contemporary trend of having a sloping roof. This compromises headroom a bit, but avoids the typical SUV boxiness. It drops down to a fixed rear spoiler.
There’s a choice of 10 exterior colors, three of which are white. The more remarkable hues are Atacama Copper, Sao Paulo Lime, and Hanauma Mint (a green for people who don’t usually like green).
CRYSTAL SPHERE GEARSHIFT
This is original. When the new GV60 is at rest, systems off, the rotary gearshift is a glass dome with the same kind of fractal diamond pattern as the new Genesis badge on the hood. Turn the systems on, and the glass part rotates into the center console — like a high-tech beach ball in a swimming pool — to reveal something that looks more recognizable as a shift control.
FACIAL RECOGNITION
Just like some smartphones recognize their owners’ faces for functions like unlocking, the 2023 GV60 does the same thing. It’s the first production car ever to include this feature. There’s also a fingerprint reader inside to activate all the various systems.
DIGITAL KEY
Standard in the Performance AWD model, this gives several users access to a 2023 GV60 through their smartphone or smartwatch. No keys required, unless there’s going to be some remote-controlled parking going on. It even works when the phone’s battery is low.
Starting with Advanced AWD trim, the 2023 GV60 compact electric luxury SUV has LED headlights/daytime running lights/taillights, rain-sensing wipers, self-dimming mirrors (inside and out), and a fixed glass roof with powered shade. For pure comfort and convenience, you get leather seating surfaces, heated/ventilated front seats, 14-way power-adjustable driver’s seat/12-way front passenger seat (both with memory settings), dual-zone automatic climatic control, heated steering wheel, and hands-free tailgate operation.
Safety systems include forward collision warning with automatic emergency braking, blind-spot monitoring with rear cross-traffic alert, head-up display, front/rear parking sensors, navigation-based adaptive cruise control, 360-degree camera system (with image capture), and a remote parking function.
The infotainment system brings Apple CarPlay/Android Auto smartphone integration, Amazon Alexa/Google Assistant compatibility, two USB-C ports up front, two USB-C ports for the rear passengers, wireless charging, satellite radio, over-the-air updates, user profiles saved to the cloud, 17-speaker/1,400-watt Bang & Olufsen audio system, and a 12.3-inch touchscreen.
The Performance AWD version has more horsepower, the boost function, electronic limited-slip rear differential, adaptive suspension, Nappa leather seating surfaces, heated rear seats, and the Digital Key feature.
The Advanced AWD version of the 2023 GV60 luxury SUV has a 99-horsepower electric motor driving the front wheels and a 215-horsepower motor turning the rears. Combined torque is 446 lb-ft.
The Performance AWD model has the same amount of torque, but with the bigger motor at both ends. A boost function pushes output to 483 horsepower and 516 lb-ft of torque for 10 seconds.
A lithium-ion polymer battery provides the spark for both versions. Hooked up to an 800-volt/250-kilowatt DC ultra-fast charger, this battery goes from 10% to 80% in 18 minutes. A 400-volt supply does the same job in 73 minutes. Or a home charging setup fed by 240 volts takes energy levels from 10% to 100% in seven hours or so. For a quick top-up, the 800-volt method can provide 64 miles of range in five minutes.
Maximum range is achieved by the Advanced AWD variant: 248 miles. But 235 miles from the Performance AWD model is still completely respectable. Both models can tow up to 2,000 pounds.
The Environmental Protection Agency (EPA) has a method for calculating energy consumption that works out to a miles-per-gallon equivalent (MPGe).
Dual electric motors (Advanced AWD)
314 total horsepower
446 lb-ft total torque
EPA city/highway fuel economy: 103/86 MPGe
EPA-estimated range: 248 miles
Dual electric motors (Performance AWD)
429 total horsepower (483 horsepower in Boost mode)
446 lb-ft total torque (516 lb-ft of torque in Boost mode)
EPA city/highway fuel economy: 97/82 MPGe
EPA-estimated range: 235 miles
Get 5.49% for 60 months on a new 2025 Gv60 All Options Eligible for well qualified buyers.
Closed end lease for a new 2025 GV60 STANDARD AWD AUTOMATIC TRANSMISSION for $429 per month for 36 months with $5,999 due at signing to well-qualified lessees.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $60,415 | $60,415 | ||
2024 | $19,426 | $40,989 | $37,480 | ||
Now | $9,498 | $31,491 | $27,970 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 4769 lbs. | ||
---|---|---|---|
EPA Passenger | 101.1 cu.ft. | ||
Max Seating Capacity | 5 | ||
Towing Capacity, Maximum | 2000 lbs. | ||
Trunk or Cargo Capacity | 54.7 cu.ft. | ||
Turning Diameter | 39.2 feet | ||
Gross Vehicle Weight Rating (GVWR) | 5721 lbs. |
Moon Roof/Sun Roof | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Power Folding Exterior Mirrors | Available | ||
Privacy Glass | Available | ||
Roof Rails | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 103 MPGe | ||
---|---|---|---|
Combined | 95 MPGe | ||
Highway | 86 MPGe |
Drivetrain | AWD | ||
---|---|---|---|
1 speed | Available | ||
Hill Start Assist | Available | ||
Parking Assist System | Available |
Horsepower | 314 hp | ||
---|---|---|---|
Torque | 446 foot pounds | ||
Engine | Dual Electric Motors | ||
Estimated Electric Range | 248 miles | ||
Charge Time (240V) | 7 hours | ||
Battery Capacity | N/A |
Powertrain | 10 years / 100000 miles |
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Highway Driving Assist 2
Accessed by a button on the steering wheel, this helps make freeway driving easier by pacing the speed of vehicle ahead and keeping the GV60 in its lane when the road curves. It’s standard in both 2023 GV60 variants.
Blind-Spot View Monitor
Activate a turn signal, and a real-time view of the corresponding side appears in the instrument cluster. It’s great for freeways when vehicles approach at speed, as well as in the city if a cyclist is coming up the inside. This is also standard equipment in the new GV60 electric SUV.
Safe Exit Assist
Another of the many advanced safety features that come as standard in the 2023 GV60, think of this as blind-spot monitoring for every occupant, setting off warnings if it’s unsafe (traffic-wise) to open the doors.
Used 2023 Genesis GV60 | Used 2023 Audi Q4 e-tron | New 2025 Genesis GV60 | Used 2023 Volvo C40 Recharge | ||
---|---|---|---|---|---|
Price | $33,978 | $35,055 | $53,800 | $30,225 | |
KBB.com Rating | 4.5 | 4.5 | 4.5 | 4.5 | |
Consumer Rating | 5.0 | 3.7 | 5.0 | 4.0 | |
Fuel Economy | City 103/Hwy 86/Comb 95 MPGe | City 97/Hwy 87/Comb 93 MPGe | City 125/Hwy 99/Comb 112 MPGe | City 94/Hwy 80/Comb 87 MPGe | |
Fuel Type | Electric | N/A | Electric | N/A | |
Estimated EV Range | 248 miles | 236 miles | 294 miles | 226 miles | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | N/A | 4 years or 50000 miles | 5 years or 60000 miles | 4 years or 50000 miles | |
0-60 | N/A | 5.8 seconds | N/A | 4.7 seconds | |
Horsepower | 314 HP | 295 HP | 225 HP | 402 HP | |
Engine | Dual Electric Motors | Dual AC Electric Motors | Electric Motor | Dual Electric Motors | |
Drivetrain | AWD | AWD | RWD | AWD |
Pricing for the 2023 GV60 starts at $58,890 for the Advanced AWD model. The higher Performance AWD version starts at $67,890. This is all before any destination charges, federal tax credits, or state incentives.
An ultra-fast 800-volt charger can take the battery in the 2023 GV60 from 10 to 80% in just 18 minutes. It can provide about 64 miles of range in five minutes. A 240-volt home setup requires around seven hours to go from 10 to 100%.
With no real off-road ability, despite all-wheel drive as standard, the 2023 GV60 is nevertheless an excellent all-electric luxury compact SUV with a lot of technology.
Yes, the 2023 Genesis GV60 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.5 out of 5.
Used 2023 Genesis GV60 prices currently range from $33,978 for the Advanced Sport Utility 4D to $34,559 for the Performance Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Genesis GV60 is the Advanced Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $33,978.