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Comments
Sure I did. I wasn't raised in a barn.
And I have every intent on paying back that sandwich I accidently ate... as well as several long distance phone calls that were made. :shades:
Regardless of what Edmunds says, the question is: do YOU believe it?
I seriously doubt I could find a Sonata and Accord, similarly equipped, with similar miles and age, that sell for similar money. Better yet, find those vehicles and put them side by side and find someone who would actually pay the same for the Sonata as they would the Accord. That's the real trick (and exactly the reason why used hondas fetch FAR more money than used hyundais). "
well, when the honda starts $3K more than the sonata, then no you won't find 2 used ones priced the same. the depreciation amount is equal, but the sonata sells for sooo much less than the accord (new).
Hyundai HAD to go to that warranty in an attempt to creat some confidence after the junk they first came to market with."
the limits on hyundai's warranty are the same as those on honda's warranty. there is fine print on any warranty, but as to anything specific you are pointing out, please be a lttle more direct.
if hondas have a great resale value, then hyundai is about average. chevy's have a worse resale value, as do kia's, mitsubishis, and some other brands. start reading somemore info on hyundai as a brand and what the experts are saying (the same people that have great things to say about honda) and you will see that hyundai's resale value is improving every year.
considering i sell hyundai's, this $17,800 for a limited sonata is not a real price. the sticker on the car is $25k. read the fine print, as that price includes a downpayment and every rebate possible (even though 99% of the population wouldn't qualify for each one).
That's a pretty big gap. "
while this may be true, you have forgotten 1 VERY important thing, the selling price of both when new.
Not to make excuses for the guy that used your office, but once you work in that environment for a couple of years, you kinda just get in the habit of finding the first open office and setting up shop.
I think this is called a selection bias. The light keeps turning red (or green) on me, too, when I approach the intersection.
Those were pretty good buys if you picked them up for what they were worth.....ie. almost nothing.
Not sure, weren't those cheap but not super-cheap when new? If used, they are certainly cheap, but what is the situation with parts availability?
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
If they sold you a car on order they don't have a profit until the car comes in and you take delivery on it. That could be weeks or even a month. So at that time they still have no profit.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
You're making me feel old.
Sorry about that but as they say, "if the shoe fits .”
I hooked up "FM converters" to them to play through that one little speaker.
I never did that but I remember hooking up a ‘reverberator ‘ in my 66’ Bonneville, even put in two rear speakers when I did that. I had three speakers after that modification, WOW.
That reminds me, is Casey Kasem still around?
Now that’s a name out of the past alright (maybe you are old) but I don’t know about his situation now.
Not good to be back, kinda moody at the present. Might start picking on everyone now.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Since the initial outlay for the Hyundai is much less the advantage overall would go to Hyundai not Honda. Now what are those "non-financial" factors?
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
50K miles in 3 years is alot of miles. most drive between 12-15k miles so 36-45k miles in 3 years. compared to everyone else's powertrain warranty: honda 5 yr, 60k; toyota 5yr, 60k; ford 5yr, 60k; hyundai gives you more coverage. gm has a 100k powertrain warranty but it is only for 5 yrs.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
hey, i have some. how about repairs when after 3 yrs, 36k miles? advantage hyundai.
Thats a significant difference but what was the difference in the original selling price?
I looked up my car a '00 hyundai wagon with 140K miles and it showed a TMV trade in of just over $1,300. A comparable Civic with the same miles came up as just over $3,000 a difference of over $1,700. However new the Civic was in the area of $2,500 more. So to get $1,700 more in resale value 7 years later I had to pay $2,500. Doesn't sound like a good deal to me.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Honda has a five year, 60,000 mile powertrain warranty but very little ever go's wrong.
The BEST warranty is the one you never have to use!
What would you say the price would be? Fitzmall has limited starting at under $19K on their website.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Apparently Hyundai got a hold of some bad exhaust manifolds for the Elantras a while back. They extended the warranty on the exhaust manifolds to ten years unlimited miles. Mine cracked at about 120K miles, they fixed it no questions asked. To me thats standing behind your car.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
With the exception of exotic cars and the like, there's no reason to possibly buy new versus certified for a huge amount less.
And they get lousy gas mileage.
Wonder how many Chevy dealers love the HHR??
Give Pugi Hyundai-Mazda-VW in Downers Grove, IL a call. I stated in my earlier post that it included applicable rebates. No down payment necessary, and no financing required, as I always pay cash for my cars.
I know we paid $10K for the '03 Elantra.
So maybe that gap in resale values is washed out by the lesser amount paid up front.
Still, I wouldn't have any qualms at all with buying another Hyundai. From personal experience, they are that good with regards to build quality and reliability. Also from personal experience, I can tell you the dealership and service experience is worlds better than what I've experienced with a Cadillac.
it sure is.
I can tell you the dealership and service experience is worlds better than what I've experienced with a Cadillac.
I had wonderful experience from the Cadillac dealership. but to be honest I never take the Hyundai to the dealership (well just once).
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
an '03 Elantra with 100k miles is now worth about $4k, while a similar Civic is about $3k more. Same price gap, but if you think in terms of depreciation, the Hyundai dropped 60% while the Honda only dropped 47%. The extra $3k you spent up front would not be lost because you get that same $3k now.
(Numbers are for Elantra GLS automatic with cruise control vs Civic LX automatic. Based on KBB trade-in values.)
'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 can see that making for some looooonnng days!! When that happens, how do you keep yourselves from dying of boredom?
That means advantage to Huyndai for financed purchases (interest payments are higher in Honda with the same downpayment), advantage to Hyundai for tax (lower sales tax based on lower price), advantage to Hyundai on repairs (longer warranty period for original owner). Seems Hyundai is better choice when taking finances to account.
So what are real advantages to Honda?
1. Gas mileage (consistently better for all comparable models), which offsets some finances.
2. Brand Image.
3. Handling (most people agree Hondas are better handling)
4. Some people may find their designs/interiors better, but it's purely subjective.
Assuming partial offset from gas mileage, Honda seems to be just slightly more expensive choice, but a bit better in terms of subjective qualities. Looks like a tie to me...
Now imagine if Hyundai continues its progress without substantial price hikes, it will likely overtake Honda in 5-10 years. Of course that is a big if, as improvements are always getting smaller and smaller with your progress (and usually cost more).
2018 430i Gran Coupe
absolutely. hyundai has offered this warranty since 1999, yet they have made money each year since then, meaning they aren't losing a bunch of money backing up this warranty so obviously since they continue with this warranty, more people don't use than do.
the rebate is $1000 (although if you finance with hmfc as of 2/14, you get an additional $1000 rebate).
the limiteds stickers start at 23,645 with and invoice of 22,182, so if you got one at invoice with the $2k in rebates then you are still higher than the $19k advertised by this dealership. all i can say is read the fine print in the ad.
hey, thats great. the price just seemed too low to be true considering used 06 sonatas with similar equipment sell for that price.
rover, did that lady on the volvo xc90 call back and offer her ridiculous amount again? did you end up taking it to auction? haven't heard about that recently...
any crazy new stories moo or boomchek?
TGIF!
-thene
1. Gas mileage (consistently better for all comparable models), which offsets some finances. "
not anymore. the sonata (bot 4 cyl, and v6 get better mpgs than the accord), the elantra is 2 less in the city and 4 less on the highway, the santa fe gets the same as the pilot, the tucson gets the 1 less in the city and 2 less on the highway than the crv.
By the way, it will be VERY INTERESTING to see new EPA mileage estimates for 2008 models.
I suspect it may be shattering to some vehicles. I may be wrong, but I suspect that some highway numbers may go substantially down for those smaller displacement Japanese engines (there is a substantial difference in engine demand between 55 and 70 mph if you don't have a lot of torque) and conversely city mileage numbers will suffer in large GM pushrods (push you gas pedal just a bit harder harder and you hear gulps in your tank). We shall see of course...
2018 430i Gran Coupe
Brand/reputation/image etc. matter to some folks, whether we like it or not. If you meet/drive clients, Honda vehicle may not get in the way the same way that Hyundai might. The perceptions of the public at large matter although it is difficult to attach numbers to those facets...
Given Edmunds TCO, buying a Hyuandai is still "penny wise, pound foolish", if we consider the fact that there is still a good (yes, not huge) probability that you may have to sell/total any vehicle you own at ANY time.
2018 430i Gran Coupe
Do they say, "Well, I don't know - this (Brand 1) only gets 23.75 Miles Per Gallon, and the (Brand 2) gets 23.89" or do they say, "Gee this is nice, but I really like the color of the seats on the Brand 2", or is it feature driven? "Gee, the snooterglimmer on the Brand 2 is really a nice feature, but I'd give it up if you give me a $500 break on this Brand 1"
Questions, questions, questions....
No...you would have to deduct more for me. A well designed snooterglimmer is worth a heck of a lot more than $500
90% of the dicussions are price driven though. usually within the first minute of talking to a customer they will always ask about how much a discount they can get.
i personally think the new sonata is every bit as nice as a camry or accord (in fact it looks like an accord). in fact most people that come in to look at the sonata are very impressed with what hyundai has done.
But that's the way to bet.