Genesis Rolls Out a Blazing-Hot GV60 Magma Lease Deal This August

The GV60 Magma has its first official lease deal, giving performance EV fans a new way to get behind the wheel without buying outright this August.

Senior Editor, Autoblog
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2027 Genesis GV60 Magma Lease Deals Now Available

Genesis has been quietly building its luxury EV cred, but the 2027 GV60 Magma is a whole new beast. Sitting at the top of the GV60 food chain, the Magma is Genesis’ first real shot at a high-performance electric crossover, mixing plush interiors with some serious hardware borrowed from the Hyundai Ioniq 5 N.

If you’ve been eyeing the GV60 Magma but aren’t ready to drop $75,000 or more, Genesis just made things interesting. The brand quietly slipped its first official lease deal onto its US website for August, letting qualified shoppers get behind the wheel with a much smaller upfront cost.

Genesis GV60 Magma front quarter beauty

Genesis

Genesis’ Lease Deals for August

According to Genesis Motor Finance, the August Genesis GV60 Magma lease offers apply to well-qualified lessees through participating Genesis retailers in the United States. The published offer is based on ZIP code 33101 and is available from August 4 through September 8, 2026.

Model / TrimMonthly PaymentLease TermDue at SigningAnnual Mileage
2027 Genesis GV60 Magma AWD$1,24924 months$5,99910,000 miles/year

The advertised Genesis GV60 Magma lease price includes the first monthly payment as part of the amount due at signing, along with a capitalized cost reduction. Genesis says no security deposit is required for qualified customers.

Buyers should also know that the lease is a closed-end lease, meaning excess mileage costs 25 cents per mile beyond the annual mileage limit, while wear-and-tear charges and a disposition fee may apply depending on state regulations. Registration, taxes, title, license fees, insurance, and maintenance are not included in the advertised payment.

Genesis GV60 Magma rear quarter on-track

Genesis

2027 Genesis GV60 Magma Highlights

The 2027 Genesis GV60 Magma isn’t just a GV60 with some flashy paint and badges. Underneath, it shares the E-GMP bones with the Hyundai Ioniq 5 N, but Genesis has dialed in its own suspension, loaded it up with luxury touches, and given it a look that stands out from the crowd.

Power? There’s plenty. The Magma packs dual electric motors good for 601 horsepower right out of the gate. Hit Boost Mode and you’re looking at 641 horses, with Launch Control ready to rocket you from 0 to 60 mph in a claimed 3.4 seconds.

Inside, the Magma leans heavily into luxury. A 27-inch panoramic display combines the digital instrument cluster and infotainment screen into one seamless unit. Suede and Nappa leather cover most touchpoints, while the performance bucket seats feature composite backs and openings for racing harnesses without sacrificing everyday comfort.

Genesis claims the flat floor means there’s actually decent space in back, so even adults won’t feel shortchanged despite the GV60’s compact size. Outside, the Magma sits lower and wider than your run-of-the-mill GV60. It’s got real-deal canards, side aero bits, a beefier rear spoiler, and a diffuser that means business.

Cole Attisha

Final Thoughts

If you’re torn between leasing the GV60 Magma or going all-in on a new performance EV, leasing is a smart way to sample Genesis’ flagship without locking yourself in for the long haul. That’s a big plus in a world where battery tech, software, and resale values are changing faster than ever.

The August program isn’t inexpensive, but it does provide an official factory-backed path into Genesis’ newest halo EV before it reaches dealerships later this year. If you’re planning to lease the Genesis GV60 Magma, this introductory offer could be the benchmark future lease incentives are measured against as more trims and promotions become available.

Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.

About the author

Jacob Oliva

Senior Editor, Autoblog

Jacob Oliva is a senior editor at Autoblog with more than a decade of experience covering industry news, price analysis, aftermarket modifications and new-vehicle reviews. He is also managing editor of Autocar Philippines.