Genesis Electrified GV70 Offers Best Residual Value in its Class - Canadian Black Book
• 2024 Genesis Electrified GV70 offers Best Residual Value in its class, according to Canadian Black Book.
If there's one thing that's harder to gauge with the new electric vehicles coming to market, it's their residual value.
Some products that you'd expect to hold their value very well are seeing that value plummet. This is particularly true of the Toyota bZ4X and Lexus RZ450e, which, as Insideevs reminded us ten days ago, are struggling to hold their value after just a few months on the market.
The truth is that everything is new in the electric world, and we have a new reality on our hands. Some models will become established, others less so.
Genesis announced today that the Electrified GV70 SUV has won the Canadian Black Book's (CBB) Best Residual Value 2024 award in the Electric SUV over $60,000 category.
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