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if you want a cheap car, honda's the way to go.
if you want a truck, no beating ford.
if you have some money, lexus or mercedes for sure.
midsize and full sized suvs are pretty much the same.
.....in my humble opinion.
man, i need to find something to do today..........
Ken
Is it possible to get a Matrix, either base or XR, with all the safety features like VSC, ABS and Side Airbags, but without sunroof, aluminum wheels and the 6-CD changer? My mother-in-law absolutely must have all the safety features, but her husband doesn’t want to pay for all the other “luxury junk". I can’t find one equipped this way anywhere. I am in the Washington DC area.
MSRP for this configuration is $19,835
The difficulty lies in that what Toyota and the dealers have both found is that when people are looking at the base models, bottom-line price is usually the primary factor. Of course, nothing is the case for everyone, but this is most often the case. So if you're looking to get these options the above configuration seems to be it. I did not see any models with the VSC in my search, btw.
You could try to order a vehicle, but I wouldn't hold my breath. With Toyota, "ordering" is next to impossible. I know from personal experience with waiting for over 6months once to try doing so without success even after that long. So it really boils down to either choosing a vehicle that doesn't have any of the options or one which as all of them.
Hope this helps.
Ken
Reeeeaally, and what planet might that be on ........?
Clean 00 SE's with 65/75k are worth in and around the $10's on the trade side and will do all of the $12's on the retail side .... clean 05 SE's with 5/7k will see all of the $20/21 figure trade side and get almost new money on the street ... if that is "don't do well" - then the new ice age should be here by Thursday .....
Terry
"* i didnt include small pickups, because none of them are very good."
"Small pickups" from Toyota: The Tacoma, esp. the 4x4, gets stupid money on the used side.
Even the reg cab 4cyl stick 4x4s do well.
-Mathias
We sell the heck out of these! Our guys go out to the auctions and buy as many as they can, they sell for thousands cheaper than the corollas, and it's pretty easy to show customers how they're really just Toyotas. Great buys.
Honestly the car is fairly safe without the airbags. Traction control? Just buy some good all-weather tires. If cost really is a concern then look for a used one that has all those options. But her chances of getting one with *just* ABS, VSC, and side airbags are slim to none. That's an order-only car, and in which case she'll be waiting half a year to get the car.
Looks like he’ll have to enjoy the “luxury junk” or get a corolla, civic or accord lx.
Mathias: "I wish" I could find a cheap Yota truck ...... well actually I can, but I don't want to put my body shop to work for the next 3 days ..l.o.l.....
Terry.
I have a feeling we are not done with this yet and I'm hoping to get some expert advice on how to proceed from here.
Any thoughts regarding this situation are appreciated.
Regards,
Steve
2001 Prizm, base, no-sale blue/green with 35k miles. 4sp auto, bald tires on the left side, no runs no hits and all the power stuff, $6,300. It even had a month or so of the b2b warranty left.
I'd buy two if i could get '02s for that kind of money now... and I'm not even a dealer...
The other local Chevy dealer is trying to unload 2002 33k base no-pwr 3sp autos for $9k with a CPO warranty.
I think the Vibes will be good once the start coming off lease en masse.
[Don't look it up, Terry, it means "lots" :-) ]
-Mathias
I can't imagine Chrysler 300's having great resale values but I don't know what other full size car would do better for now.
Where I REALLY disagree with you is on your pick for small SUV!
Ford Escape? Mercury Mariner?...never even seen one...Mazda Tribute?
The CRV has OUTSTANDING resale value and RAV 4's aren't that far behind.
Lastly, Toyota Sienna isn't "crap".
As for the second question, there are only a few makes/models that this is the case. Most of the others that were listed here have book values just as bad as their real-world values. The other factor is that often owners, who are attached to their vehicles often over-estimate the condition of their vehicle. I can't even tell you how many times that I've had to explain to people, "Mr. Smith, I might agree with you that your 180,000 mile vehicle is in much better shape than most with that sort of miles, but I don't think that we can use "excellent" as the condition of your vehicle seeing as you can put both hands through the rust hole in the trunk and fender."
Hope this helps.
Ken
Every time I find out about nice, cheap, reliable transportation, Mathias writes a book about it... Go ahead, Mathias... link us to the book...
Hey... next year, I'm selling the wife's 325i... Think you could start telling everyone about how great they are as used cars? Especially the ones just coming out of warranty?
regards,
kyfdx
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I would say the top three from a resale order would be
the CRV, RAV4, and Subaru Forester....if the latter is really an SUV.
(I own one, and it feels more like a car to me)
I have to disagree on the Matrix. I am not in the business, but it seems that its resale is at least as good as that of the Corolla, the latter not being helped by its abundance in rental fleets.
ford escape, mercury mariner, mazda tribute. no quetion.
Hmmm... I would say RAV4 and CR-V.
mini van-
honda odyssey (all others are crap)
The new Sienna is very nice, though I personally prefer and would buy the Ody. The MPV is decent, though its resale is not great (but apparently not horrible as percentage of actual transaction price rather than MSRP.)
.....hmm, statements like that severely hurt your credibility.... interesting.
I'd be curious (I think a lot would) for you to throw some figures out on your crv / escape, tribute, mariner comparison please and backup your claims with figures.
I'm not talking the sales figures as you state above b/c the fact Ford sells more of this type doesn't mean a thing to me.... I'm talking about purchase price and trade in, etc... thanks.
As Terry would say, "did you write that with a straight face?"
'05 Tribute i 4wd = $22,xxx
'05 CRV LX AWD = $21,3xx
'03 Tribute LXV6 4wd w/airbags, security, stereo, ABS and 30K miles = $14K TMV
'03 CRV LX AWD w/30K miles, airbags = $15,250 TMV
Do I even need to do the math? well, ok, if you insist ... that's ~62% resale on the Tribute vs ~72% on the CRV. AND, if you'll notice, I gave that used Tribute a V6 and the new one is just a 4-banger. So, really, the Tribute trade-in would be even lower.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
2005 base model crv 4 cyl with auto tranny bought at invoice with destination charge included less incentives-
19173.00
kbb trade in value, same model 2003 with 40k miles in good condition-
11765.00
depreciation-
$7408.00
2005 escape base model 4 cyl auto tranny bought at invoice plus destination less incentives-
16829.00 (though that employee pircing program would make it substantially less i think)
2003 same model good condition with 40k miles trade in value according to kbb-
9595.00
depreciation-
$7234.00
any more whining? how bout an appology?.....i'm owed several.
BUT, even using your numbers, the CRV is ahead by over 4%.
Reason you must use percentages rather than dollars is (this should be obvious) because, if you compare vehicles that are drastically different in price, the one that cost, let's say $40K new is going to depreciate in dollars much more than one that cost $20K, but they might depreciate the same percentage. Percentage is a much more accurate measure.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
7408 is 38% of 19173
and
7234 is 42 % of 16829
So the CRV loss is a smaller percentage of the total price.
of course for the most part if your looking at a car purchase as a investment I would say don't. When I make a investment I like my investment to increase in value.
I purchase the best car for my needs. After meeting my needs I then make sure it meets my luxury needs and of course price needs resale means some but unless your not planning on keeping a car more then 2 years then it should not really be a big consideration.
Thanks for doing the research though
If I was a bettin' man (in this case I would be)....which one of these vehicles do you think is going to spend more time on the lifts at the repair shop?
Tough choice...but we all know which one we are more likely to see broke down on the side of the road....
"let the games begin"
If I had the choice between the Two I would take a ford escape over the CRV. Then again I am sure there is many that would go the other way it's all about personal taste. I would gather that both are about the same reliable, unless you get unlucky and get the lemon from the factory ( this happens with all makes). All that said even knowing the escape losses more money I would rather have it as I think it is more appealing to me ( now truth be told I don't really like either ).
We all have our bias' on different model vehicles.
As eloquently state by dedwards, as a percentage of its initial cost (as you had discussed in your intial claims), the CRV depreciates less, ie - holds a larger percentage of its initial value. Look at any $45k car, you'll drop $10-15-20k in depreciation, but the real question is what is that % of the original costs... Make any sense?
sorry, no apologies here.
11765.00"
I'll take five.
-Mathias
[Not in the business]
...this above statement came from one of your prior posts... You just proved yourself incorrect and showed us how the CRV depreciates less as a percentage of the original price than an Escape...
"would you rather pay 19k to lose 7.4 or pay 17k to lose 7.2?....pretty much a no-brainer'
.....Really? If we are talking cars just on pure numbers and not what kind, what i liked, etc (a lot more goes into a decision than just the numbers).... i'd take the 19k car everytime, thank you.
And no, I'm not in the biz either.....
NOW, if you really want to change your tune and stick to your guns, then you'll have to start stating that Hyundais and Kias have some of the best resale values on the planet. Why? Because you can buy one for like $9K new. In that case, the MOST it will ever depreciate is $9K. Heck, put that up against a $50K Benz or even your $17K Escape and that $9K car is the golden child of depreciation.
Sorry, but that dog ain't gonna hunt. You certainly aren't getting an apology from me with that type of argument.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I suspect that Rizzo is spoofing here.First he makes claims, than as support for those claims he gives as hard evidence an example that totally contradicts his claims.Than when he is called on it-he decides to ignore his own words and examples and makes more claims.He is obviously kidding here.
.
Granted I'm not in the biz so I can't back this up with real world numbers or experience, but everything points to giving the advantage to the CRV in terms of expected reliability and resale value........Terry summed this up perfectly the other day.
.
For more in-depth reading and to discuss this with some emotional (but very nice) folks, go to the CRV vs. Escape forum.
Thanks,
Kirstie_H
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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I am a investment banker and my quick advice here is never invest money in something that you can have a argument about to which is a better investment and both choice are losing you 40% in 3 to 4 years. Buy the car that is best for you that you will enjoy the most.
Anyone? Bueller?
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