Unpacking the Genesis GV80 Standout Features

1. Exquisite Exterior Design

The Genesis GV80’s exterior is a masterpiece of modern automotive design. The 2024 and 2025 models feature a refined front grille, sleek LED headlights, and a sculpted body that exudes confidence and sophistication. The attention to detail in the GV80’s design makes it a standout on Stuart’s roads, ensuring you turn heads wherever you go.

2. Luxurious Interior Comfort

Step inside the GV80, and you are greeted with an oasis of luxury. The cabin is adorned with premium materials such as Nappa leather, genuine wood trim, and brushed aluminum accents. The 2024 and 2025 models take comfort to the next level with heated and ventilated seats, a panoramic sunroof, and an advanced climate control system. This ensures every journey is a pleasure, even in the Florida heat.

3. Advanced Safety Features

Safety is a paramount concern for Genesis, and the GV80 excels in this area. The 2024 and 2025 models are equipped with an array of advanced safety features, including:

• Forward Collision-Avoidance Assist
• Blind-Spot Collision-Avoidance Assist
• Lane Keeping Assist
• Surround View Monitor. These features work together to provide peace of mind, making the GV80 one of the safest SUVs on the market.

4. Cutting-Edge Technology

The Genesis GV80 is packed with state-of-the-art technology designed to enhance your driving experience. The 2024 and 2025 models feature a 14.5-inch HD touchscreen infotainment system with navigation, Apple CarPlay, and Android Auto. Additionally, the GV80 offers a heads-up display, wireless charging, and a premium Lexicon audio system, ensuring you stay connected and entertained on the go.

5. Impressive Performance and Handling

Under the hood, the GV80 offers a choice of powerful engines, including a 2.5-liter turbocharged inline-4 and a 3.5-liter twin-turbo V6, delivering exhilarating performance and smooth handling. The 2024 and 2025 models also come with an advanced all-wheel-drive system and adaptive suspension, providing a comfortable and controlled ride, whether you’re navigating city streets or exploring the scenic routes around Stuart.

The Genesis GV80 is not just an SUV; it’s a statement of luxury, safety, and performance. With its exquisite design, luxurious interior, advanced safety features, cutting-edge technology, and impressive performance, the 2024 and 2025 GV80 models offer a driving experience that is second to none. If you’re in the market for a new SUV, the GV80 is definitely worth considering. If you do decide to purchase a new GV80, the professionals at the Wallace Genesis Service and Wallace Genesis Parts departments will be there for you to keep it running like new!

The post Why Are Genesis GV80 Popular? A Closer Look For Stuart Drivers appeared first on Wallace Genesis Blog.

There has been a lot of confusion about 2023’s new federal EV tax credit law.  First of all, when it comes to the tax code, many of us find it beyond confusing.  That is why a lot of people rely on tax professionals to help them prepare their annual tax returns.  Well the new EV tax credit won’t disappoint you, it is extremely confusing.

So What Exactly Is The Electric Vehicle Tax Credit? 

The electric vehicle tax credit is a nonrefundable tax credit. It is offered to taxpayers who purchase a qualifying new electric vehicle or plug-in hybrid vehicle. It can also be used on qualifying used electric vehicles.  A nonrefundable tax credit will lower your tax liability by the credit amount. However, it can only be used to offset taxes owed. If you do not owe taxes and are receiving a refund, you can not use the tax credit.  Taxpayers can only claim one credit per vehicle.

The new vehicle EV tax credit is worth up to a total of $7,500. It consists of a $3,750 tax credit for the battery requirement and a $3,750 tax credit for the critical minerals requirement. The new electric vehicle must meet several other qualifications in order to qualify the full EV tax credit. 

You may also qualify for up to $4,000 tax credit on qualifying used electric vehicles. There is a maximum limit of 30% of the sales price of a used EV.

How Will I Know If I Qualify For The Tax Credit?

First, the vehicle you are purchasing must qualify for the tax credit.  The vehicle must meet several criteria such as MSRP, final assembly requirements, and battery & critical minerals requirements.  The IRS urges taxpayers to use its tool for the most up to date information on the tax credit and vehicle requirements.  You can now consult the FuelEconomy.gov website for the latest information.

The purchaser of the electric vehicle must also qualify for the tax credit.  The new law sets limits on the modified adjusted gross income for taxpayers in order to qualify for the tax credit.  If both the vehicle and the taxpayer meet the requirements for the tax credit, you must file IRS Form 8936 with your tax return to claim the EV tax credit.

Wallace Genesis Is Here To Help

Let the sales professionals at Wallace Genesis in Stuart help answer any questions you may have on new or used electric vehicles and plug-in hybrids.  Ready to explore a new or used electric vehicle, contact Wallace Genesis today.

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