The Breakdown The 2027 Genesis GV60 Magma starts at $71,495 (including destination fees). Like any respectable luxury automaker, Genesis is giving birth to a performance sub-brand, Magma. At $71,495 with destination and handling fees included, the 2027 Genesis GV60 Magma is $8,995 more expensive than its Ioniq 5 N twin. 2027 Genesis GV60 Magma 22 Source: GenesisWhat do you think? Motor1's Take: The GV60 Magma is a predictably strong start to Genesis’ Magma lineup, but we’re more excited to see what lies ahead.