Ranked #213 car in the UK · SUV (EV) · 640 units sold last year

Genesis GV60

The Genesis GV60 is the electric crossover from Hyundai's luxury arm - sharing the fast-charging 800-volt E-GMP platform with the Kia EV6 and Hyundai Ioniq 5, but with a plusher, more distinctive cabin and quirky touches like the rotating 'Crystal Sphere' gear selector. Quick, well-equipped and luxurious, with a strong warranty, it's a left-field premium electric choice that undercuts the German EVs while feeling genuinely upmarket.

How these figures are sourced the valuation is anchored to a researched used-market price for this model (AutoTrader median, 2023 at 30k miles). Reliability, mileage and variant data are real DVSA MOT records. Dimensions, tyre sizes and costs, servicing figures and the insurance group are segment-level estimates rather than sourced per car, and are being replaced model by model.

Genesis GV60
Photo: Alexander Migl via Wikimedia Commons · CC BY-SA 4.0 · source
Body
SUV (EV)
Years
2022–2026
Fuel
Electric
Efficiency
3.4 mi/kWh

typical

Insurance
Group 33

The short version

44/100

Forecourt score

Value 25 · Reliability 77 · Insurance 18 · catalogue percentiles

The Genesis GV60 loses value faster than most cars and is dearer to run than most. Its MOT-based reliability is excellent — an MOT score of 84/100. On three-year value retention it ranks better than 25% of models.

The Forecourt score blends how this car ranks against the catalogue on value retention, reliability and insurance cost (weighted 40/40/20) — the from-new ownership picture. Higher is better; running cost is not yet folded in.

Flip side for used buyers: heavy depreciation is the first owner’s loss and the used buyer’s discount — a reliable car with a low score here can be a strong used purchase at today’s prices.

Pick your version

Estimates are tuned to the version you choose.

Fuel

Electric

Power

320 ps

Drivetrain

AWD

Efficiency

3.4 mi/kWh

The volume GV60. 77.4 kWh battery, dual motor, 320 PS combined, AWD. 289mi WLTP. 350kW DC (10-80% in 18 min — class-leading via 800V). 5.5s 0-62. Sport trim — 20-inch wheels, sports seats, Nappa leather.

Tell us about the one you're looking at

2023
20222026
27,681 mi
0Expected: 27,681180k
good
PoorFairGoodExcellent

Tidy and well looked-after for its age — the typical car.

Remembered as you browse other cars.

Optional — fills in the exact year and ULEZ status for your specific car. The registration isn’t stored.

Estimated market value

How we got this number — click for the breakdown, or to challenge it.

£26,100

Range £21,000£31,650

medium confidence

When new (2023)circa £54,000Age-based value£27,836Mileage adjustment+£0Condition & region-£19Market calibration-£117Forecourt price£27,700Private sale£24,500Part-exchange£21,550
Holdthis 3-year-old

Fair value — depreciation is moderating.

At 27,681 miles it’s about the ~29,325 typical for a 3-year-old.

Seen one for sale?

£

A data-led guide from the depreciation curve, UK parc trend and reliability — not financial advice.

The depreciation curve

How a 2023-registration Genesis GV60 loses value over time.

What it costs to own

Over

Based on the 2023 car with 27,681 miles you entered above — worth about £26,100 today — here is the cost of owning it for the next 5 years, at roughly 9,227 miles a year.

5-year total

£18,489

Per year

£3,698

All-in per mile

£0.40

Fuel per mile

7.9p

If a company carAround £81/mo Benefit-in-Kind tax at the 40% rate (£41/mo at 20%) — 4% band (EV)

Depreciation£6,605
Fuel / energy£3,664
Servicing£2,570
Road tax£1,000
Insurance£4,650

If you're a company-car driver

At 4% BIK, this would cost a 40% taxpayer about £81/month in company-car tax (£41/month at 20%) — one of the strongest cases for choosing an EV via salary sacrifice. Full BIK table below for context.

Best age to buy — around 2 years

A 2-year-old example loses roughly £4,350 a year — 81% less than the £22,850 a one-year-old sheds. The steepest drop is behind it.

Uses current UK pump and home-charging prices (DESNZ weekly), typical-driver insurance and manufacturer service intervals. "Fuel per mile" is just the energy input — so an EV at ~9p and a diesel at ~22p make running-cost comparison direct. A guide; your own costs will vary.

How it compares

Where this car ranks against the 340 vehicles in our index — higher is better.

Holds its valuebetter than 25%
Reliabilitybetter than 77%
Cheap to insurebetter than 18%

Percentile rank across our full index. A measure is shown only where the data spreads meaningfully across the index.

Petrol, diesel, hybrid or EV?

How the available versions compare on price, running cost, and the headaches each tends to develop.

Premium / Sport / Sport Plus

Genesis's luxury sister to Hyundai Ioniq 5. Same E-GMP platform, 800V architecture, 350kW DC. Better finish, more luxurious cabin. Cross-shop BMW iX3, Audi Q4 e-tron, Mercedes EQE. Genesis dealer network's biggest weakness vs established premium brands.

New price
circa £58,000
Annual fuel / energy
£850
3-yr depreciation
51%

Watch for

  • ·ICCU failures on early units (campaign-fixed)
  • ·12V battery drain when unused
  • ·Genesis dealer network limited in UK
  • ·Cabin technology shared with Hyundai Ioniq 5 with luxury finish

Fuel/energy costs based on this week’s UK averages (w/c 03/08/2026) · Petrol 159.9p/L, Diesel 179.2p/L, Electricity 27.0p/kWh · DESNZ

Estimated insurance

Group 33 of 50 (upper-mid — pricier to insure) · Comprehensive · 3 years NCB

Indicative annual comprehensive premiums for this car, by driver age band and risk profile. Pick the combination closest to your circumstances.

3 years
0 yearsBaseline: 3 years15+
Risk profile:

Estimated annual premium · typical, age 33-39

£930/ year

Roughly £78 per month

Typical

Average UK driver — 3 years NCB, average postcode, no recent claims.
Age bandLower riskTypicalHigher risk
Age 17-25£2,120£2,651£3,446
Age 26-32£1,107£1,302£1,588
Age 33-39Selected£818£930£1,097
Age 40-49£695£772£895
Age 50+£619£688£812

How we estimate this

Indicative annual comprehensive premium estimates. The 'Typical' figure represents an average UK driver in each age band; Lower and Higher risk show the realistic spread driven by factors UK insurers legitimately price on (postcode, occupation, claims history, NCB, voluntary excess, modifications). Based on 10,000 miles/yr, £250 voluntary excess, and the no-claims bonus selected above. Always get individual quotes before buying.

Expected annual costs

Adjust the annual mileage to match how you'll actually use the car. Insurance is what you selected above (age 33-39, typical risk, 3 yrs NCB).

9,227 mi/yr
2,000UK avg for this model: 9,22730,000

Routine service

£290

Annual main-dealer service

Major service

£280

Every 2 years, annualised

Road tax

£200

Standard rate, post year-one

Electricity

£733

3.4 mi/kWh, 27p blended

Insurance

£930

Age 33-39, group 33

Clean-air zones

ULEZ compliant
  • Electric variants are compliant with London ULEZ and all UK clean-air zones.

Based on London ULEZ standards — Birmingham, Bath, Bristol, Sheffield, Glasgow and other UK clean-air zones generally follow the same rules.

Total expected£2,433 / year

Excludes depreciation and unscheduled repairs (see next section).

Unexpected costs

What out-of-warranty repairs typically run, by mileage band. Your selected mileage is highlighted.

0-30k miles

£120

per year · low risk

30-60k miles

£360

per year · low risk

60-100k miles

£780

per year · medium risk

100k+ miles

£1,350

per year · high risk

Tyres

215/65 R17 · 235/55 R18 · 235/50 R19

What a full set of four will cost you (including fit and balance), and which brand each tier of buyer should pick. A typical set lasts about 24,000 miles.

Budget

£400

set of 4, fitted · £85 per tyre

Mid-range

£580

set of 4, fitted · £130 per tyre

Premium

£840

set of 4, fitted · £195 per tyre

What to fit

Optional extras worth paying for

Factory options ranked by how much of their original cost they recover at resale. Anything above 70% return tends to make money back; below 40% is paying for your own enjoyment.

OptionNew costAdded used valueReturn

Tow bar (factory-fit)

Niche, but the buyers who want one will pay for it.

£650£45069%

Parking sensors & reversing camera

Near-expected now — its absence costs more than its presence returns.

£500£30060%

Heat pump

Genuinely useful in winter; buyers increasingly look for it.

£1,000£45045%

Heated seats / cold-weather pack

£450£20044%

Adaptive / matrix LED headlights

£900£40044%

Faster on-board AC charger

£800£30038%

Metallic or premium paint

Almost universal — an unusual colour is the bigger resale risk.

£600£20033%

Panoramic / opening roof

£1,100£35032%

Advanced driver-assistance pack

£1,500£45030%

Larger alloy wheels

£700£20029%

Premium sound system

£800£20025%

Parts most likely to fail

Drawn from owner reports and warranty data. Filtered for relevance to 27,681 miles.

Watch now

Failure typically happens around your current mileage.

Upcoming

A known weak point — but you haven't reached its usual mileage yet.

Already due

Past its usual failure mileage. Either already fixed, or about to.

Tyres & wheelsUpcoming

Typical at 60k-100k milesCost £80-£500medium severityParts high

Recorded in 9.3% of MOT tests 60k-100k miles — from 2,956 DVSA MOT tests analysed.

Driver's viewUpcoming

Typical at 60k-100k milesCost £60-£300low severityParts high

Recorded in 2.3% of MOT tests 60k-100k miles — from 2,956 DVSA MOT tests analysed.

BrakesWatch now

Typical at 30k-60k milesCost £150-£500medium severityParts high

Recorded in 0.5% of MOT tests 30k-60k miles — from 2,956 DVSA MOT tests analysed.

Lighting & signallingWatch now

Typical at 30k-60k milesCost £15-£120low severityParts high

Recorded in 0.5% of MOT tests 30k-60k miles — from 2,956 DVSA MOT tests analysed.

Seat belts & restraintsWatch now

Typical at under 30k milesCost £80-£250low severityParts high

Recorded in 0.3% of MOT tests under 30k miles — from 2,956 DVSA MOT tests analysed.

ElectricalWatch now

Typical at 30k-60k milesCost £60-£400low severityParts high

Recorded in 0.3% of MOT tests 30k-60k miles — from 2,956 DVSA MOT tests analysed.

"Parts low/medium/high" indicates how easy the replacement part is to source — discontinued or specialist parts mean longer workshop time and bigger bills.

Safety rating

Euro NCAP's independent crash-test rating for the Genesis GV60, from its 2022 assessment.

5/5
TEST YEAR2022
Current rating · valid to 2028

The passenger compartment of the GV60 remained stable in the frontal offset test.

Independent crash-test data from Euro NCAP. Star ratings reflect the test protocol of the year shown — newer protocols are stricter, so a 5-star from 2024 represents a higher bar than a 5-star from 2014. Euro NCAP ratings run for six years from publication; a lapsed rating means the protocol has moved on, not that the car performs any worse than it did on test.

MOT outlook

How this model fares at its MOT as it ages — from 3,102 real DVSA test records.

MOT pass rate by age

A 3-year-old GV60 passes its MOT 92.5% of the time; by 4 years that has slipped to 90.4%. The y-axis is zoomed to this model’s range so the trend is readable.

Longevity

Not enough older examples yet to gauge longevity.

What fails at the first MOT

The defect categories a GV60 registered 2022–2023 fails on at its first MOT, from 879 first tests. Every car here is the same age and the same generation, so these are the faults that show up first - not the wear a high-mileage older example collects.

  • Tyres & wheels3.6%
  • Driver's view1.1%
  • Brakes0.5%
  • Lighting & signalling0.3%
  • Suspension0.1%
  • Seat belts & restraints0.1%

Share of first MOT tests recording at least one defect in that category. DVSA test-item categories, not parts: “Driver’s view” covers mirrors, wipers and glass.

Typical mileage by age

The average odometer reading for a GV60 at MOT, by age — measured from the same DVSA records, not assumed. A useful yardstick for whether a given car has done more or fewer miles than its age suggests.

  • 3 yr29,325
  • 4 yr32,881

Mean recorded mileage at MOT by vehicle age, from DVSA test records. Ages below three are not shown: the first MOT is due at three years, so the few cars tested earlier are a self-selected minority rather than a representative sample. Ages with at least 10 tests shown.

Reliability

84/ 100

Excellent

First-MOT pass rate and defect rate for cars registered 2020 onward (879 first tests), with cohort survival — medium confidence.

MOT outlook

Insufficient MOT history at this car's reference age — too few tests to compute a reliable percentile.

Things owners say

  • 01800-volt E-GMP architecture means very fast charging - shared with the EV6 and Ioniq 5.
  • 02Plush, distinctive cabin and strong equipment; the performance versions are seriously quick.
  • 03Rarer than the German rivals, so check residual expectations; the long warranty aids used confidence.

Safety recalls

Manufacturers occasionally issue safety recalls to fix a fault free of charge. You can check whether the Genesis GV60, or your exact vehicle, has any outstanding recalls on the official DVSA service.

Check on GOV.UK

Opens the Driver & Vehicle Standards Agency recall checker. Choose the make, model and year of manufacture — no registration needed.

Theft risk

A general indicator from UK 2025 theft data and this car’s characteristics — not a prediction for any one vehicle.

Whole-car theft

Higher

Desirable SUVs like this are relay-theft targets — keyless entry can be exploited from the driveway in under a minute.

Parts theft

Lower

As an electric car it has no catalytic converter, so the most common parts-theft vector doesn't apply.

Worth doing

  • Keep keys in a Faraday pouch and away from the front door to block relay attacks.
  • A visible steering lock is a cheap, strong deterrent on a frequently-targeted car.

Clean-air zones

Whether driving a Genesis GV60 into a UK clean-air zone will cost you anything. Rules use the same Euro standard across most zones — petrol from 2006 and diesel from 2015 onwards are exempt; pure electric is always exempt.

Charging zones for cars

CityAreaDaily chargeLikely outcome
LondonAll of Greater London (within the M25)£12.50
Likely exempt
Battery-electric — exempt everywhere.
BirminghamInside the A4540 Middleway£8.00
Likely exempt
Battery-electric — exempt everywhere.
BristolCity centre and part of the Portway£9.00
Likely exempt
Battery-electric — exempt everywhere.
GlasgowCity centre
Likely exempt
Battery-electric — exempt everywhere.
EdinburghCity centre
Likely exempt
Battery-electric — exempt everywhere.
AberdeenCity centre
Likely exempt
Battery-electric — exempt everywhere.
DundeeCity centre
Likely exempt
Battery-electric — exempt everywhere.

Zones that don't charge private cars

  • BathCity centre (Private cars and motorbikes are not charged).
  • BradfordOuter ring road and the Aire Valley (Private cars are not charged).
  • SheffieldInside the A61 inner ring road (Private cars are not charged).
  • Newcastle & GatesheadCity centres and the Tyne, Swing, High Level and Redheugh bridges (Private cars are not charged).
  • PortsmouthPart of the city centre (Applies to taxis, PHVs, buses, coaches and HGVs only).

Model-level guidance only. To check a specific registration, use the official gov.uk clean-air zone checker. Zone charges and boundaries are set by local councils and change over time.

EV reality check

64 kWh
Winter range
215 mi
Cold-weather realistic
DC charge 10–80%
18 min
Class-leading (800V)
Heat pump
Standard
Standard fit
Battery chemistry
NMC
Higher energy density, faster charging, charge to 80% daily
Cost to charge
~£17
full charge · ~£7.94/100mi

Winter range estimates assume ~5°C ambient with cabin heating; figures from manufacturer cold-weather testing where available, otherwise derived as a fraction of WLTP. DC times are manufacturer-claimed 10–80% on the headline charger; real-world sessions on UK rapids can be slower. Charging cost is a full battery at the home/blended electricity rate; public rapid charging costs more.

UK charging network

119,080 public chargers across the UK

As of 2026-04-01, the UK has 119,080 publicly available EV chargers, up 12.6% on the prior year (13,281 added in 2025). 23% of those are rapid (50 kW+) or ultra-rapid (150 kW+), so the network can support both home and on-route charging.

3-8 kW

50%

Standard

8-50 kW

27%

Standard plus

50-150 kW

12%

Rapid

150 kW+

11%

Ultra-rapid

Source: Department for Transport / Zapmap · Released 2026-05-21 · DfT statistics

Company car tax

What HMRC's Benefit-in-Kind charge looks like if you ran this Genesis GV60 as a company car, by tax year and income-tax band. Calculated from a CO₂ of 0 g/km, using £61,000 as the P11D value.

EVs sit at the bottom BIK band — currently 4% — so this is one of the cheapest ways to take a company car.

Tax yearBIK %Tax @ 20%Tax @ 40%Monthly @ 20%Monthly @ 40%
2025-263%£366£732£31£61
2026-274%£488£976£41£81
2027-285%£610£1,220£51£102
2028-297%£854£1,708£71£142
2029-309%£1,098£2,196£92£183

P11D value is approximated from the latest new price; the exact figure on your tax code will depend on options fitted. The 4% diesel surcharge applies only to non-RDE2 (pre-2021) diesels — we assume RDE2 compliance for current models. Bands and rates from HMRC's Autumn Budget 2024 confirmation through 2029/30.

Servicing & the dealer network

How well-supported Genesis is across the UK — a practical read on how easy servicing, parts and warranty work will be to find.

Franchised UK dealers

~8

Limited network

New-entrant premium

Network size relative to the UK's largest (Genesis is 0.2% of all franchised outlets)

A limited network — you may need to travel for main-dealer servicing, though independent specialists can often help.

For context, the UK has roughly 4,500 franchised car-dealer outlets in total, plus about 15,500 independent garages.

Approximate figures, curated from public UK industry sources (NFDA, Car Dealer Magazine). Franchised networks shrink year on year — these indicate network size, not an exact count.

Dimensions & weight

These are segment estimates, not manufacturer figures. 296 of 325 catalogued cars share one of 14 identical dimension sets, so they describe a class rather than this particular car. Sourced figures replace them model by model.

Length

4,600 mm

Width

1,880 mm

Height

1,650 mm

Kerb weight

2,100 kg

Boot

500–1,600 L

Battery

64 kWh

How many are still out there

How the UK Genesis GV60 fleet splits: taxed and on the road, parked off the road on a SORN, and gone from the register where that figure is available.

Currently registered

2,396

Currently taxed & on road

2,358

98% of all registered

SORN (off road)

38

2% of all registered

Scrapped or exported

n/a

not in this DfT extract

UK fleet trend — 2022 to 2025

+38.7% vs 2024
5782,358

Source: DfT VEH0124 vehicle licensing statistics (year-end 2025) · Updated 29 Jul 2026

Same underpinnings

Built on the Hyundai E-GMP platform

800V dedicated EV platform underpinning Hyundai, Kia and Genesis EVs from 2021. Different badges, often substantially different residuals, but broadly the same mechanicals and repair cost profile.

Electric-Global Modular Platform · Hyundai Motor Group

Common questions

Genesis GV60, answered from the data

Is the Genesis GV60 reliable?
The Genesis GV60 scores 84/100 on Forecourt's MOT-based reliability measure. That is computed from 3,102 real DVSA MOT test results.
How much does a used Genesis GV60 cost?
A 2023 Genesis GV60 with around 27,681 miles is worth roughly £26,100 today (typical range £22,400–£29,800). Dealer forecourt prices sit higher and part-exchange offers lower; newer or lower-mileage examples cost more.
How quickly does the Genesis GV60 depreciate?
A new Genesis GV60 typically loses about 48% of its value over the first three years, then depreciates more slowly. Buying at three to five years old avoids the steepest part of the curve.
What insurance group is the Genesis GV60?
The Genesis GV60 sits in insurance group 33 of 50 — the more expensive end of the scale. Exact premiums depend on the trim (some versions sit a few groups higher or lower), your age, postcode and no-claims history.
What goes wrong on a used Genesis GV60?
The most common age-related issues we track for the Genesis GV60 are: tyres & wheels (typically around 60k-100k miles, £80-£500 to put right); driver's view (typically around 60k-100k miles, £60-£300 to put right); brakes (typically around 30k-60k miles, £150-£500 to put right). A full service history and a recent MOT with no advisories are the best protection.
What does the Genesis GV60 cost to run?
Expect around 3.4 miles per kWh on the Sport AWD, £200 a year in road tax, about £290 for a standard annual service. The full cost-of-ownership table above breaks this down per year and per mile for the exact year and mileage you choose.
Is the Genesis GV60 ULEZ compliant?
The Genesis GV60 is pure-electric, so it is exempt from the London ULEZ charge and every other UK clean-air zone, whatever the registration year.
How many Genesis GV60s are on UK roads?
About 2,358 Genesis GV60s are currently taxed and on the road in the UK, from DfT vehicle-licensing data.

Answers are generated from this car's Forecourt data — DVSA MOT records, DfT licensing statistics and our valuation model — and update with the weekly data refresh.

SearchCompare with