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Minivans - Domestic or Foreign

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Comments

  • dc_driverdc_driver Posts: 712
    I do not totally agree with you.. We looked at buying a certified low mileage, used (05-06) Honda Odyssey and found the new ones to only be about 1-2K less expensive. It just did not make sense to us to buy an older vehicle that had more miles and we had no idea of the previous owners driving habits and whether the vehicle was serviced properly...

    Buying new to us was a no-brainer...

    However buying a 1-2 year old Kia is a completely different story :)
    Be careful though, the 10/100K warranty is not transferable...
  • averigejoeaverigejoe Posts: 559
    About the Honda you typed, "...and found the new ones to only be about 1-2K less expensive..."
    Did you mean to say more expensive there? Or maybe you meant to say used instead of new in that quoted section?

    Yeah, I know Honda dealers love to make a lot of money on their sales, especially certified used ones. The whole CPO thing is a big marketing gimmick aimed at suckers to boost dealer profits even more on used cars. I think they make tons more on used car sales than on new cars. Most dealers do.

    Only once in 60 cars have I ever bought used from a dealer. The used prices usually are just not attractive at a dealership.

    In some states, if you buy used at a dealer you have to pay sales tax but if you buy used from a private party there is no sales tax. That can make a huge difference favoring private used sales. I assumed you'd realize I meant to buy used privately as well as sell privately. Private parties don't need to make a profit. Dealers always want a profit.

    Reread my post. I was specifically talking about Sedonas, not Hondas. One big reason is that transferable 'bumper to bumper' 5 year, 60,000 miles warranty. Even a used Sedona can have a longer warranty than a new Honda.

    The beauty of a used Sedona from a private party, like I said before, is that the price can be very low because of the low purchase prices lots of those vans went for when new. And the low re-sale value helps you out when buying used.

    I was suggesting the used low mileage, long warranty Sedona now as a temporary van until you can make a good deal next year on a new or used '06 or '07.

    And I'll stick by my statement, buying new cars is terribly wasteful unless you do get those huge discounts not available on competitors. Even Hondas, when purchased new, depreciate more quickly in the first year than later years.

    Don't buy used from a dealer.
  • dc_driverdc_driver Posts: 712
    Your right, I meant to say that a 1-2 year old used Odyssey is less expensive than a new Odyssey, but only by a few thousand dollars. Guess I was tired when I typed that :)

    I also agreed that a used Kia/GM/DCX and a used Honda/Toyota are going to have different depreciation levels.

    As for getting the certified warranty, let me state that I am somebody who never buys an extended warranty, but I also would be leery in buying something that only has 1 year or so left on the warranty.

    When I searched for a used 05/06 Odyssey, I looked in the Washington Post, Cars.com, and Autotrader.com. Even the private sellers wanted only about 1-2K less than a new Odyssey (in some cases they wanted more!). In Virginia, you have to pay tax on private vehicle sales, so there was no benefit there.

    I just did not see the benefit in buying a used van for 2K less than a brand new one when you add in the mileage, warranty, and the fact that you have no real good idea on how the vehicle was maintained vs buying a new one.

    I agree with you though, you can save a ton of money on a slightly used vehicle that normally depreciates quickly (such as a Kia/GM/DCX/Ford van)...
  • 54gradsteds54gradsteds Posts: 102
    I am neither a minivan owner, nor a potential one, but Warren Brown's article in today's (June 4) Washington Post would have me heading for my nearest Kia Sedona dealer. Never have I seen such an enthusiastically favorable review of a vehicle, and he's a real pro! You would be well advised to check it out!
  • avery1avery1 Posts: 372
    I don't really understand the excitement about the Sedona. I just bought a Sienna LE with package 3 for a few hundred more than it appears I can get a Sedona LX for and with just a quick review of the Sedona features I have a number of extras on my Sienna. Given the proven resale value of the Sienna and general track record of Toyota I think the Sienna is a better value.
  • tpa2tpa2 Posts: 9
    I would agree. We drove the Sedona and actually considered it but the price really wasn't so great. The only way to get the features we wanted was to upgrade and pay a lot more. We ended up with a used Sienna and love it. I am no van expert. This is my first one. But I am happy with the decision to go with the Toyota. For me it just feels better than the Sedona which felt a little cheap to be honest. Many of the features I wanted came standard on the Sienna LE. And with the Toyota I feel confident that in a couple of years I can upgrade if I want without ending up upside down.
  • jipsterjipster Posts: 5,345
    First year of total remodeling for any vehicle, prices are going to be closer to MSRP. Gap between Sedona and the rest of minivan world will widen later into this year and next year. When those 2k-4k rebates and incentives from Kia kick in, an already lower priced than competition minivan, will be substantially lower in price for a much improved minivan(from what I've read)
  • dc_driverdc_driver Posts: 712
    Living just outside of DC, and being a Washington Post subscriber, I have been reading Warren Brown for years. Some of his reviews I agree with, others seem to really miss the mark. He has always been jaded against Honda, and always recommends GM products..

    I agree with him that the Kia is a great value, but this is from the same guy who recommends folks buy a Chevy Malibu over a Toyota Camry/Honda Accord...

    If people are going to buy a minivan based on reviews and awards alone, then there would be nothing on the road but Honda Odysseys...

    My advice is to get the minivan that meets your needs, and wants within your budget. For many folks, the Kia is a great minivan for the money (especially when they start selling for 3-4K under invoice)..
  • marine2marine2 Posts: 1,155
    I just did not see the benefit in buying a used van for 2K less than a brand new one when you add in the mileage, warranty, and the fact that you have no real good idea on how the vehicle was maintained vs buying a new one.

    Another thing to consider. You usually can get a lower financing rate buying new than you can get buying used. So you should think about that also if the price is close between new and used.
  • hansiennahansienna Posts: 2,312
    The Kia Sedona is made by the same company that brought the exciting Hyundai Excel to the USA.
    The Hyundai Entourage minivan is a direct descendant of the Hyundai Excel. :shades:
  • rorrrorr Posts: 3,630
    "The Kia Sedona is made by the same company that brought the exciting Hyundai Excel to the USA."

    Yep.

    And the Sienna is made by the same company that brought the exciting Toyota Echo to the USA.
  • marine2marine2 Posts: 1,155
    Yep and Chrysler is the one that started the whole thing. Wait next year when you see their new one.
  • rorrrorr Posts: 3,630
    I thought the VW Microbus was the first minivan? :P
  • hansiennahansienna Posts: 2,312
    True...BUT Chrysler added some creature comforts like marginal power, a real heater, air conditioning, and reliability. ;)
  • hansiennahansienna Posts: 2,312
    The Toyota Echo also has all the virtues the Hyundai Excel lacked. The Sienna is also made by the same company that makes the Best selling sedan: Camry. :shades:
  • dennisctcdennisctc Posts: 1,168
    One can go back into history and note the "crap" any of the Automotive manufacturers made. Early Toyotas, Datsuns :) Hondas, Ford Pintos, Chevy Chevettes. I'm certain with the leaps and bound improvements Hyundai/Kia is making, all manufacturers are taking notice, regardless if their first model was the Excel or Accent. I think this is great!!!! Real competition raises all boats (cars :)
  • rorrrorr Posts: 3,630
    "True...BUT Chrysler added some creature comforts like marginal power, a real heater, air conditioning, and reliability."

    picky picky picky..... :blush:
  • rorrrorr Posts: 3,630
    "I'm certain with the leaps and bound improvements Hyundai/Kia is making, all manufacturers are taking notice, regardless if their first model was the Excel or Accent. I think this is great!!!!"

    For some strange reason, I'm wondering what kind of minivan Yugo could produce.

    Uh, on second thought, maybe I shouldn't.....
  • haveatithaveatit Posts: 2
    We've been shopping for a 2004 Odyssey - EX w/Leather and DVD. Found one we are interested in. The FMV is close to the asking price of 22,900. How do we negotiate from here? What should we offer or is this considered a fair price and we don't haggle?
    Thanks for any advice
  • badgerfanbadgerfan Posts: 1,564
    For that kind of price I would recommend you buy a new minivan from any of the major manufacturers. If you don't have to have leather seats or a DVD, you could go new for that price or less. Might even get a DVD in a Dodge or Chrysler if you let go of the need for other bells and whistles.
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