The 2021 Genesis G80 mid-size luxury sedan costs $48,725 to start and reaches $68,675 in top Prestige trim, the automaker announced Tuesday. The 2021 prices represent a $5,000 price hike on average over the outgoing model.

Based on the 2021 Genesis GV80 crossover SUV, the redesigned fastback sedan has a new look, comes with a more potent V-6, and is loaded with more equipment than the outgoing model.

The 2021 G80 comes in Standard, Advanced, and Prestige trims in rear-wheel drive with available all-wheel drive for an extra $3,150. It is powered by either a 300-horsepower 2.5-liter turbo-4 making 311 pound-feet of torque and dubbed 2.5T or a 3.5T with a 3.5-liter twin-turbo V-6 that makes 375-hp and 391 lb-ft of torque. The V-6 is more potent than the outgoing model by 10 hp and 15 lb-ft, respectively. Both engines pair to an 8-speed automatic transmission. The V-8 is no…

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