Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options

Is it safe to buy a 2018 Camry or Accord when both are redesigned cars

Elliot UdellElliot Udell Member Posts: 83
edited July 2017 in Toyota
The 2018 camry and 2018 Honda Accords are redesigned new cars. Is it safe to invest in a car that is redesigned? There is no mechanical problems history with a new car
Tagged:

Comments

  • Options
    berriberri Member Posts: 10,165
    I don't think these cars are tested out for a prior year in other markets anymore, so new platforms can mean more risk. However, modern technology probably offsets some of that. But sometimes value analysis and cost cutting several years down the road can degrade subsequent vehicles produced as well. Perhaps the biggest risk is that buying one in the first months after it comes out all new likely results in you paying a premium from what it will sell down the road. That price premium paid will not likely be recouped when you trade it in or sell it down the road.
  • Options
    Elliot UdellElliot Udell Member Posts: 83
    True. whenever a new car comes out, it can take six months or year to get the price down to a reasonable figure. many times the dealers will even surcharge on it.
  • Options
    ChaseBellowsChaseBellows Member Posts: 76
    Hi @elliotu Thanks for reaching out to Edmunds! In all honesty, there's absolutely no telling how reliable a vehicle is going to be as it is the first year and it hasn't been proven. Much like what was said above, it may be more beneficial to wait as the prices will eventually drop and you'll see any early problems that other owners may be experiencing. It was similar with the new 2017 Honda CR-V. People were paying sticker for them, and now a half year later, we're finally starting to see some solid discounting.

    Both the Camry and Accord have new drivetrains, new chassis and new interiors. Almost no parts are shared with the older 2017 models. There's no telling what would happen, but I'd roll the dice and say that Honda and Toyota models usually come out without a hitch. Their R&D testing is among the best.

    Let me know if you need assistance with pricing, inventory searches, or general help within the car buying process! Our expert car buying advice is unbiased, and free!
    Edmunds Car Shopping Advisor
    Need help picking out a make/model, finding inventory, or advice on pricing? Talk to us!

  • Options
    Elliot UdellElliot Udell Member Posts: 83
    thanks
  • Options
    palmetto3palmetto3 Member Posts: 2
    My brother was a sales manager at a local Toyota dealership.They always charged a premium for redesigned cars the first year.I believe everyone does.
Sign In or Register to comment.

Helpful Tools

Most popular vehicles