Year-to-date (YTD) of the Genesis GV70 skyrocketed from 2,146 units to 10,011 this year, but what to blame for this car’s sudden increase in popularity?

The GV70 was an all-new model introduced by the

luxury

offshoot of Hyundai last year, so part of the increase is just due to market availability. Still, the GV70’s success as a compact luxury SUV in an increasingly crowded marketplace shouldn’t be discounted.

Read on with the car ownership experts at Jerry as we dive into the GV70’s sales, how it fared compared to rival models from other brands, and why Genesis is quickly becoming a brand to watch.

The GV70 is catching up to more established rivals

According to

goodcarbadcar.net

, in spite of being a newcomer, the GV70 has already made some serious ground on its competitors.

While comparable cars like the Mercedes-Benz GLC/GLK-Class, the BMW X3, and the Audi Q5 are still outselling the G70, the GV70’s 366.5% YTD growth rate indicates that it could only be a matter of time before Genesis catches up.

Genesis has only existed as a standalone brand since 2015, but Genesis is starting to prove that there’s more to luxury cars than a nameplate. The brand started by making a lineup of sedans, and it wasn’t until last year that it launched its first crossover, the GV80.

The GV70 is slightly smaller and more affordable than the GV80, costing nearly $8,000 less.

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Specs of the GV70

As one of just two SUV offerings, the GV70 has a lot to prove, but Genesis has consistently exceeded expectations as a fledgling brand in the luxury world. It has a starting MSRP range of $41,500 - $53,100 and a destination fee of $1095.

The GV70 boasts strong acceleration via its 300-horsepower, 2.5-liter turbocharged four-cylinder engine. The eight-speed automatic transmission shifts smoothly. The car gets a competitive 24 mpg overall using premium fuel in a test from

Consumer Reports

As the smaller of Genesis’ two SUVs, the GV70 handles a bit more like a sports sedan than an SUV. Smooth handling, precise steering, and a quiet cabin make it a pleasure to drive.

If you choose to upgrade to the Select or Advanced packages, you’ll gain access to a panoramic sunroof, 18-speaker Lexicon audio system, a surround-view camera system, and real leather seats.

With so many luxury feature options and a starting price of $41,500, it's hard to beat the Genesis GV70.

MORE: The Genesis GV80's Infotainment Control Knob May Be Too Quirky to Be Effective

How to save money on a GV70

The new GV70 is a great choice for anyone looking for a luxury SUV experience while still on a budget. With rising gas prices and inflation, every penny counts when it comes to saving on your car.

You can also save hundreds a year on your car insurance when you sign up with

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