Best Luxury SUVs of 2025

The Genesis GV70 has quickly become a standout in the luxury SUV market, and with the arrival of the 2025 model, there are exciting updates to explore. If you're comparing the 2025 Genesis GV70 to its 2024 predecessor, it's important to understand what each model brings to the table. Below, we’ll highlight the key differences and standout features of these two luxury SUVs. Contact Wallace Genesis in Stuart for more information or to schedule a test drive on a new Genesis. more Head to Head Comparison: 2025 Genesis GV70 vs 2024 Genesis GV70 2025 Genesis GV70: What's New? New Plug-in Hybrid Option: The 2025 GV70 introduces an all-new plug-in hybrid variant, offering drivers the option for better fuel efficiency and electric-only driving for short distances. Updated Infotainment and Connectivity: A new 14.5-inch touchscreen infotainment system with faster processing speeds and updated software delivers a seamless user experience. Advanced AI-Powered Driver Assistance: The 2025 model brings more advanced driver assistance features, including AI-based lane-centering and adaptive cruise control, making highway driving even more intuitive and safer. Sleeker Exterior Design: The 2025 GV70 gets a mild facelift with a more aerodynamic front grille and new alloy wheel designs, giving it an even more polished and aggressive appearance. Enhanced Interior Comfort: Genesis has further refined the cabin with more premium materials, including a wider selection of high-end leathers and customizable ambient lighting to elevate the driving experience. 2024 Genesis GV70: Key Highlights Powerful Engine Lineup: The 2024 GV70 offers two robust engine options: a 2.5-liter turbocharged four-cylinder and a 3.5-liter twin-turbo V6, providing a thrilling balance of power and performance. Luxurious Interior Finishes: The 2024 model includes high-quality interior materials, such as Nappa leather and real wood trim, creating a luxurious cabin feel. Comprehensive Safety Suite: With features like forward collision warning, blind-spot monitoring, and rear cross-traffic alert, the 2024 GV70 comes well-equipped to ensure driver and passenger safety. Intuitive Touchscreen Display: The 2024 GV70 offers a 14.5-inch touchscreen infotainment system, although slightly less advanced than the 2025’s version, it remains one of the best in its class. Dynamic All-Wheel Drive: The 2024 model includes a responsive all-wheel-drive system, perfect for tackling a variety of road conditions with confidence and stability. Both the 2025 and 2024 Genesis GV70 models provide luxury, performance, and cutting-edge technology, but the 2025 version steps up with more advanced driver assistance systems, a plug-in hybrid option, and updated design elements. Whether you're looking for the latest innovation or a proven luxury SUV, the GV70 remains a top choice in its class. The professional team at Wallace Genesis in Stuart is ready to help you with all your Genesis needs from new or used sales, Genesis service appointments or Genesis parts sales.

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. more 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.

Wallace Genesis Welcomes Dennis Yu As Its New Service Manager Wallace Genesis is happy to announce Dennis Yu as its new Service Manager. Please join us in welcoming Dennis to the Wallace Family. Dennis started in the automotive industry as a valet 19 years ago. Since then, Dennis has worked his way up as a service advisor at Acura, BMW, Hyundai, Lexus and Nissan. He now brings this experience working with different import brands to the Wallace Genesis Service Department as our new Service Manager. Dennis was born in California, raised in Queens, NY, and has be happy to call South Florida his home since 2013. Outside of work, Dennis loves spending time with his family and loves baseball, soccer and mixed martial arts. Dennis will continue to bring the best service experience to all our Genesis customers. Schedule your next Genesis service appointment at Wallace Genesis and be sure to say hello to Dennis.