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Comments
You are right about one thing. People do get what they pay for.
Overpriced? hardly...
It's the size of the mountain of torque this engine produces, more torque available in the lower part of the rpm band and the horsepower on top to deliver strong high rpm passing power.
2. Resale means little to me because I do not turn over a vehicle every 2 years. I keep them 5-7 years at least. As to the 40% thing, well thats just a little far fetched......Lets talk as a % of actual price bought for and rerun the numbers to see what we really get. I think some people are trying to justify getting ripped off by Honda and Toyota... in price
BTW just4fun2, you sound like a smart person
The Ody and Sienna lovers who bash someone who got a loaded Relay for $22k are doing potential buyers a real disservice.
Sure, the Relay isn't as good. But it is a LOT cheaper, and purchase price matters to a lot of minivan buyers.
As to everything else you said....ditto!
1st tank of gas through the Relay - 24 mpg mixed driving. not bad........ :P
As they say, you get what you pay for...
Soderholmd, great gas mileage right out of the box! Nice not having to wait 10k miles like some vans for the MPG to improve. Looking forward to hearing about your experience with your Relay!
Odd seats more comfortable but Odd EX lacks many nice features of my less expensive T&C: Heating coils at base of windshield, lighted controls on doors, complete overhead console with outside temp/compass and accurate trip computer, separately controlled temperature for the driver and front passenger, QUALITY stereo system, QUALITY horn....just for starters.
The Odd EX does have power sliding doors on each side and cast wheels that are not on my T&C. The Odd AT still works as well as the AT in the T&C.
For $31,000 I think I'd just get a Sienna.
Plus everybody else seems to love our van. Especially the SUVers. There is so much more room in a van. And 28 mpg on the highway with 255 horsepower is nice too.
I'd have to argue that this Relay has the nicest looking interior in vandom. Luxurious, classy and quiet. The seat heaters are really nice in Minnesota this time of year!
Once again, Resale means little to me, especially when I have 14K less depreciation and loan to worry about right up front! That combined with 7 years of ownership means I have little to worry about when it's finally time to replace this van.
I tried out the onstar safe and sound package just to see what happens. Pushed the button and when I told the onstar lady that their was no problem and I was just "trying it out" she didnt think it was too funny...............ooopppsss!! :surprise:
Good to hear your Odyssey experience has been good leadfoot6! Just goes to proove that all manufacturers are producing good vehicles. :P
I'm one of them. I'm not that worried about depreciation.
For about $26K for the Ody EX, the superior mechanical performance vs the competition is priceless!
In most/all cases, buying cheap is not always the best deal. That's life. "You get what you pay for" raises its ugly head somewhere along the way.
How much did your Ody cost you when you bought it? What was the resale when you sold it? Years owned, miles driven?
You could also only get a burger at McDonalds (instead of Fuddruckers) a steak at Western Sizzlin ( instead of Ruths Chris) shoes by Champion (instead of New balance) a college education at a community college (instead of an Ivy League school ) and so on ......using your methodology.
I got a loan for a guy a few months back who got deployed and killed in Iraq recently. He had pulled up in a 911 to apply at my office. Maybe he knew something about living.
As with anything there comes a point where the cost will out pace the value given. Comparing a 22K Relay, sorry, 21.5K Relay, I believe that he got a 500.00 dollar card from Target to the Ody that cost 12-14K more is a shining example of lost cost value.
My 2002 Odyssey EX (cloth) cost approximately $28,000 after taxes but before financing at 6% for 36 months. I paid it off early 12 months later.
Resale Value: If I were to dump the van right now, I could get around $9600 trade in and $12,000 private party, per KBB. (theoretical values; I haven't tried listing my van yet as I don't have plans for a new one yet)
Years Owned: 4 years as of today. (I bought it 12/26/01)
Miles Driven: approximately 84,000. (21,000 miles per year)
Need any other information?
There is really NO good reason for you to sell it yet and buy a new one. The 02 Ody EX has the 5 speed AT that performed very well in the 02 Ody EX-L-NAV that I test drove in the fall of 2001. I like the 7 spoke cast wheels more than the previous 5 spoke and the current cast wheels of the 2005-06 Ody and I think the 2002-2004 Odyssey is one of the most attractive minivans built.
The only other information we need to know is how much you get for the Ody when you sell it. Without that informaion we only have half the picture. Thanks!
I've driven the new GM minivans, they're not bad, but let's face it. They are the old Opel-inspired narrow box with a new long front end that was glued on to improve crash scores. Some people won't care, others may even like it. If they don't mind it why pay the premium for a Honda or Toyota? But they are certainly not in the same league technically.
They did recall my Odyssey, but the dealer checked it (different dealer than the one I use now) and it turned out fine. They inspected second gear I believe.
I just followed Honda's service guide.
Any previous Odyssey owners here willing to provide the whole story? (not just half)
http://www.usatoday.com/money/autos/2005-12-29-rollover-sense-usat_x.htm
Hey, we're talking about a MINIVAN, not a sportscar. But to each his own. If you plan on taking your wife and kids around twisty roads a little fast in your Odyssey, I'm sure they'll love all that bouncing around that's going on behind you It's almost better to have worse handling because that will prevent people from driving a minivan full of kids like they were in a sports car.
True, but you need to look a little deeper and see the real differences they came in last place. Usually it's for engine power & handling because that's what the car magazines are interested in writing about. They use the same test criteria on sports cars as they do on minivans. But I'd say that most people driving a minivan full of kids to a soccer game or down the highway aren't all that concerned with 0-60 times or G forces
It depends on your driving style. Our family vehicles cover a broad range from minivan to sedans, luxury sport sedans, convertibles, and trucks. And in all categories, we choose the better performing ones that are fun to drive while performing their respective tasks. These vehicles include the Ody, CTS-V, Maxima, Ridgeline, SL500, & BMW 550i.
Oh I forgot to mention our now trusty well maintained 10 yr old Continental with the 32V DOHC V8, that continues to surprise many other drivers on the road with its quick moves.
Seems expensive to me. I can change my own flat (and my wife can call me if she gets one) and I don't think I'll run out of gas with all of the warning lights that come on starting at 1/4 tank. And I've only needed a tow maybe once every 5-10 years, so I'll just pay for that if it comes up. So to me, the justification of buying the extended warranty based on the cost of roadside assistance doesn't work for me.
It is expensive, that is the reason I bought the extended warranty and not AAA. There is only a couple of hundred dollars difference between the AAA and the extended warranty and with the extended warranty you also get road side service. Plus, if your A/C, window, doors, seat motors, go out that is not covered by the drive train warranty, you are covered by the extended warranty. Call up a dealer and ask what it would cost to replace any of those motors or A/C compressor and you'll see buying the extended warranty is a good deal, especially when your covered both ways. You'll have at least seven years of no worries if anything breaks. And if you look at all the power equipment on these new vans, there is plenty of stuff that can go out and cost a bundle to fix.
I think Marine2's point was, AAA is too expensive by itself! I haven't been a member for many years, and not sure why I was a member. With the technology available, calling your own tow truck isn't a big deal. And I can count the number of times I've needed a tow truck on zero fingers. At least in the last 5-6 years. Vehicles are ridiculously reliable these days, and flats aren't even common like they were back in the day.
I've owned a lot of vehicles and put a lot of miles on them and this stuff doesn't break regularly. At least not at low enough miles to be covered by these extended warranties. Out of all the vehicles I've owned, my repair cost between the factory warranty and 100k miles is very low.
Of course there's always a chance you might be unlucky and can use the statistics to your advantage. I tend to be lucky with cars.
But even if it covered absolutely everything, my experience with my previous cars ('99 Cougar that I currently own and a '91 Escort) is that I've had $500 in repairs on one car and about $100 on the other before 100K miles. I had to spend about a thousand in my Escort post 100K miles, and about $2K in my Cougar post 100K miles for A/C & alternator issues.
My point is that if I would spend a thousand or two on every new car for an extended warranty, I'd be down probably $3000 by now. And my current Freestyle if I got an extended warranty for $2K, that means that I would have spent $5000 on extended warranties over the past 14 years with about $600 in benefits, not including deductables.
So even if in my Freestyle (no extended warranty), if at 85,000 miles the transmission goes out and I need to put in a few thousand dollars I'm still ahead, and based on my experience I'm not expecting any major problems before 100,000 miles. I do drive about 20-25K miles per year, and maybe I've been lucky with the lack of repairs in the pre-100,000 miles range.
The fact is that most people don't use as much money from the extended warranties than they put into it. Otherwise the extended warranty companies would go out of business. The difference is that I'm betting on the quality of my car based on my experience and you're betting on the lack of quality based on your experience.
The $1,300 covers everything that your 3/36,000 covers on the the regular warranty, plus road side service all up to 7/70,000. You can get it longer. You guys might be lucky and I hope you don't need it. But these vans have a heck of a lot more to them than any car I have ever owned. I have seen plenty of cars out here in Arizona without A/C and I know some are only 4-5 years old. With these new ones now with automatic lift gates and sliding doors, to go along with power seats, windows and door locks, there is just to much more to go wrong than with the older vans. I would rather have the peace of mind that if something breaks, it's covered and if I get a flat, someone else can crawl under my van and get the spare out and change it. I guess if one can spend $23-39,000 for a minivan, $1,300.00 isn't that much more for peace of mind.
FWIW, I was offered the 100k mile Honda care warranty for somewhere around $900. I know it was less than $1,000. Not bad as far as warranties go. They wanted $2,700 for the extended warranty on my '03 Ram 3500 and it came with a factory 7/70 powertrain and a 100k engine warranty from Cummins. I'm at 90k miles and used the 7/70 for a u-joint ($500 labor and everything) and that's the only problem.
I think most folks buying minivans are somewhat thrifty, which is I'm sure why the Honda and Toyota do not sell in record numbers. A warranty really isn't all that thrifty IMHO, it's more of a gamble you're statistically guaranteed to lose.
How much money will a person lose in interest on the amount the warranty cost for 7 years?
That is why my friend got the Toyota Extended Warranty for his 2006 Sienna LE...and I have read the fine print where it states the refund policy in plain English.
"$1,300.00 isn't that much more for peace of mind."
And on this, people will haggle for a few hundred dollars on the price of the car, and then lose thousands on the trade-in, extended warranty, etc...which is where dealers really make their money.
The Toyota "Platinum" ZERO deductible 7 year 75,000 mile warranty cost my friend considerably more than the DaimlerChrysler "Added Care" $100 deductible 7 year 75,000 mile warranty the original owner of the 02 T&C purchased. However, Toyota will refund the money at the expiration if not used while DaimlerChrysler will not.
Right on. The reason you buy a Honda or Toyota is for their propensity to be trouble free. Life itself is a risk. You can insure all kinds of events. But you gotta draw the line somewhere. I'm betting that the Honda will go the distance without major out of warranty problems, like the other 2 Hondas I've owned. Take the money you would have put into the warranty and invest it and if you have a repair required, use that money. Otherwise you still have the cash.
Also AAA comes with so many other benefits that make it worth it's cost. It costs me $64 a year for two covered drivers.
Keep up the GOOD work TOYOTA!
Huh?? What toyota dosen't sell extended warrenties?? Another loaded statement to try and get the response you got!! I don't have complete confidence in anything(nothings perfect), but insurance is hard to buy on any product! So i prefer to take my chances! If you have less than 6K I believe you can buy a 120K/8yr 0 deductable for less than 1300.00 for the Ody.
Guess you got what you wanted GOOD FOR YOU!!