By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
Like I said, you didn't believe me. :-(
The Impala is a darn good dollar value even with the drop off of resale value. I would think buying a 1 year old 2001 or 2002 model Impala would be a wise thing depending on the mileage of the vehicle. Let the original purchaser/ owner take the hit on depreciation in the first 12 months. ((-;
I checked on trade in and resale value of our Impala LS, 2K model. With the amount we owe on the Impala , we are upside down in it about 2500 to 3500 us dollars if you believe the kelley blue book ppl. Remember we have near 46k miles on the car in two years of ownership.
We only put 5k cash down on the car when we purchased it. The sales price did include the extended warranty. The loan is at 8 3/4 %. A new vehicle at 2.9% for 48 months looks good. I think. LOL
Maybe I will lease something........ ?
Fords? I would say from a mechanics view that the quality has come up a bit since the 1990's. I have found little additional faults with Ford when compared to GM. They each have areas of trouble.
I will also say there is a good chance that by monday we will own a GMC Envoy or a Ford Super Crew truck. For those keeping tabs we own a 2k Silverado, 1971 Chevy truck and a 1/4 ton Crosley truck too. The Crosley does not run and the 1971 is up for sale to help pay for my separate garage in the back yard of the house. ((-;
Tony
I do see some base cars and intrigues. Probably program cars.
I find the ALG numbers hard to believe. Maybe for an intrigue but not for an impala.
maybe the actual resale will beat the predictions.
I would be curious to see how much you spend when you lease 3 cars for 9 years (3 years per car) with no cash ? Comparing buying a new car (with financing) and keeping it for 9 years Now take the cash saved and not put on downpayment,and look at the return after 9 years.
It will probably cost a bit more to lease,but in return you drive a new car every 3 years,fully warranty,with the roadside assistance.
I believe that the very right move to do is a 2 years old car with low milleage,but who want that ;-)
Thanks!
RR
For people that like that new car feeling evry couple of years, leasing could make better sense, if they don't plan on keeping it more than 3 years, and if they get a subvented GMAC lease wherein they inflate the residual value. (Teo enlightened me to the term "subventing", which is the artificial inflating of residual values to make cars like the Impala more desirable.)
At the end of a 3 year lease, you will have spent less than you would if you financed the car and sold or traded it in at the end of 3 years. That's based on having normal financing with interest. These temporary 0% APR incentives render that formula somewhat moot.
For those that keep a car for 4, 5, 7 years and more, purchasing makes more financial sense than leasing. It's only a question of new or used. Personally, I think used makes more financial sense in most siituations.
Those are all only opinions, but valid ones, I think! ;-)
Best wishes to all
Ken
The Ford factory warranty does not cover loaner cars if they have to hold your car overnight for a repair. GM does.
he told me that the service manager stated that is how the cars are coming in from the factory, blaming the paint spraying on the robots. then he took me and showed a new 2002 oxny black LS
that the paint was lack of with primer showing, if this is the case won't you want to tell the factory so it can be fixed and no complains. The dealer wouldn't like it if i shorten them a couple of thosuand dollars when i bought the car.
has anyone else noticed their cars having lack of paint and the primer showing... thanks walter
Before my '01 LS I had a '00 LS Light Driftwood Metallic and no problems that I can recall there either.
My sister just bought a new '01 Base sedan in Navy Blue and her car exhibits a very good paint job all round. Her roof strips are perfectly fit and no signs of them lifting up, yet.
My '01 LS had the left side roof strip lifting up from the rear and the only satisfactory remedy was to take it to an auto glass shop and have them put a bead of windshield adhesive. It hasn't lift up ever since. Don't waste your time having the dealer replace the roof strips, it is a waste of time.
The roof strips on my '00 LS were perfect and never lifted up. I guess that this is a problem only on certain 2001 Impalas.
Could it be that Black cars are having some sort of paint quality issue? Possible, however, I haven't inspected a black Impala myself to arrive at that conclusion.
You wanna see a thin paint job? Go and take a look under the trunk lid and door jambs of a brand new Honda Accord. Add to that thin can sheet metal too. Licavy, do you agree with this comparison?
My '01 LS has an excellent paint job. Nice clearcoat. Very shiny. I used inexpensive (2 bottles for $20) Zymol on it, and it looks great. (Blasphemy to Zaino users, I know, but worked great nevertheless.)
Also what was your build date?
I find the body and paint job to be of pretty high quality, actually. The steel is much heavier than my CL. It's also obviously larger. The engine is also bigger, even though it's not as powerful. The odd thing is it weighs about the same! Must be the thicker materials in the interior! ;-)
Any luck with the seat track?
What was exactly the software update the made to the engine PCM?
The Impala doors are pretty heavy. Some times that annoys me a bit but I am reminded that they provide better impact safety.
Honda must tape bricks to the underside. It ain't in the body, that's for sure. Maybe that VTEC engine weighs more due to it's relative complexity compared to the Impala's straightforward engine design.
Especially on the rear door jambs and under the hood. I have never seen this before. Hope itis not a trend.
How about owners of Red, green or white cars?
Tan metallic colors and silver seem to be fine.
This reminds me of the Toyota Avalon forum where some owners had paint chipping problems with the Desert Lunar Mist paint, but others were doing OK.
The paint is one of the things that has always impressed me about the car.
I'll bet the paint is OK under the hood and trunk lid too.
All this talk about paint - I think I'll wax it this weekend!
Hey teo, I'll be in So. Fl. for Thanksgiving weekend with the family. What kind of car should I rent?
Well it depends of how many people are you bringing over and what places or activities are your planning to do. Going to Disney or Universal?
If so, I highly recommend the following rides:
Epcot: Test Track (Fun, fun and fast)
Universal Islands of Adventure: Spiderman..the best interactive 3D simulation ride in the world! Got to see it.
Here in Miami we have South Beach, Coconut Grove, the beaches in Key Biscayne and the relative close proximity to the FL keys...lots of things to do...
Without a doubt, the dark colors will be less forgiving in terms of finish. But everytime I wash and Zaino (blasphemy, garypen! ;?) I am happier and happier I got black.
The pictures sure look great, especially on the deeper colors.
Sorry folks, I guess some got cars not properly finished, which is unacceptable.
Definetely a warranty service item.
You might remember my problem with the paint overspray when i bought mine in June. They wanted to paint over it. I had them buff it out.
I am going to let my un painted areas stay unpainted.
I took it into the dealer a few times, once they reprogrammed the remotes, then another time they replaced a remote, then again they reprogrammed. FINALLY, a TSB was found stating to replace the instrument cluster (since I assume the electronics for the remote entry is integrated into the cluster assembly).
Since then, I have had absolutly no problems with the remote entry (been almost a year now).
The only complaint I have with the service was that there is a slight rattle from behind the dashboard ( I think), which I assume is a loose cable wire or something. I am taking it in soon to have looked at.
WHat are your symptoms???
Paul
The roof strips lifting must be a fairly common problem. My wifes 01 is doing the same thing.
Oh, today while driving to Valencia (home of Magic Mountain), I saw at least 8 Impalas! The most I ever saw in a single day. All of them were base models.
Here is small pic at:
http://www.highperformancecars.com/crosley/1971chevy.jpg
It was painted in 1990, paint is thin in spots. Small dents here and there.
Maybe I need to check into leasing a vehicle? The General Manager where I work is a serious by the numbers guy and he has two lease vehicles(Denali & Infinity) at this time. I have chatted with him on leases and I am still not convinced on them.
Tony
I have a problem, I Zaino'd the car and it looks awesome but I got some wax on the trim and now its all white. I should have taped it off first but now that I am in this situation, what can I do to get all the wax off of the plastic?
Thanks
ghostwolf
P.S. I got my pictures back of my exhaust modifications and will be posting soon.
That can potentially affect the resale value of the car indeed.
I remember you telling us about the paint blemish that you found in your car. If is something "minimal" perhaps it can be repaired without having to get the whole car repainted.
BTW, how long you plan to keep your Impala?
Brad
We still have the low quality amp that was common in the 2k Impala "upgraded" stereo.
I must admit ever time I read an invoice sticker on a vehicle lately I chuckle at "premium sound or upgraded stereo" listings.
Boze (sp?) is availible on the 2002 Envoy and TrailBlazer's .
I have been driving the camaro the last 6 days.
That car is completely trashed but still runs, so I keep driving it.
I think the impala will be around for at least two years and probably three. I t has been a great car. The first new car that i have not had to take back to the shop for one thing or the other.
If i got something else and it needed repairs i would kick myself for not keeping it.
i really enjoy driving it.
I opened up the door yesterday to get someting and that wonderful leather smell came wafting out of it. it was great. Still has the new car smell too.
As of now I can't complaint, the car has performed great. It has been exactly six months today since I took delivery of the car.
As a car lover there are many nice sedans out there that I look at and even find myself day dreaming about but most of them are way more $$$ and not as well equipped in many cases.
I enjoy driving it as well and smokin' other more $$$ in stoplights...
I am heading to opening night, tonight, of the South Florida International Autoshow...fun, fun...