Honda Accord vs. Toyota Camry vs. Volkswagen Passat

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Comments

  • peter167peter167 Member Posts: 20
    Yaeh, I know it is very hard for people to say:
    "Yeah, my car now that I have bought is trash. I should have bought the other..."

    But after you buy another car, you are quite confident to say "Yeah, the car I owned before is trash."

    But it is the same car, right?

    Do you know why I post so many comments here?

    Let's disregard all makes and models.
    Be objective. Cars, no matter how expensive your car is, (VW or Mercedes or as cheap as a Hyundai Accent) must have their own advantages and disadvantges, and these disadvantages need to be corrected. But some stubborn car owners keep on saying that "Yeah, my car has no problems," and "Yeah my car is perfect!", then how come there are newer models on the road?

    E.g.: Your car is perfect, then how come your car needs to be redesigned after 4 years?

    The redesign of cars needs the owners inputs, comments. Certainly, there are problems in your own car, unless you don't consider disadvantages as problems. So understand my point here now?

    By the way, I am 19 who study in the the University of Waterloo in Canada. I ain't some old guys.

    Just tell me what you think about this posting.
    Agree or disagree?
  • peter167peter167 Member Posts: 20
    Is it a good comment, or bad comment?
  • peter167peter167 Member Posts: 20
    1999 vw passat has two major recalls.

    Hope 2000 passat owners won't have any recalls same as the 1999 ones.

    www.nhtsa.dot.gov
  • sv1sv1 Member Posts: 12
    I didn't get it first either. One has to read carefully.

    peter167 summed it up best through this analogy. Car guy A compares an Accord to a Toyota Camry--which he happens to own. He says the Toyota has the better engine, and that it's much faster than the Honda's. Yet, a piece of paper proves him wrong...

    Without objective facts, anyone can say anything about his car without any backing. And if one thinks that an owner won't be biased about his vehicle one way or another, he's nuts...

    Of course, subjective opinions are great too. For example, in comparing a Honda engine to a Toyota engine, one might prefer the later rev characteristics of the Honda, or the more even delivery of the Toyota. That's something that a 0-60 time can't tell you.

    Regardless, these "opinions" should be put in perspective. Sometimes, they're just subjective rankings that vary greatly from person to person. Other times, they're not even opinions. Instead, they're simply factually wrong statements. From the tone of pete's posts, I think that these statements are the one's that really get pete's goat...

    With that said, peter, you don't belong here. None of the cars on this list are American, so there's absolutely no point in arguing about American quality/reliability *in this topic*. I suggest heading over to the "Foreign or Domestic" topic, where your views will be more on-topic.
  • dave68dave68 Member Posts: 16
    What you said makes perfect sense!
  • tempuser3tempuser3 Member Posts: 10
    I didn't change my tune and to anyone else I don't care about number 1 sales. Simply stating that the resale value of the Camry will suffer due to the flood of [abused]Camry rentals that will be re-sold by Avis, Hertz etc. You may not believe this now, but you will realize it when you go to sell your Camry -just like the Taurus owner did...

    BTW I am referring to the NA market, thanks for sending us the facts.

    End Of Topic
  • jstandeferjstandefer Member Posts: 805
    Opinions are the exact reason why there are dozens of vehicles in different vehicle categories. How a car makes you feel is very important in a car buying decision. 0-60 times on paper have no relevance in a car buying decision. Car "A" has quicker 0-60 times on paper than car "B". However, car "B" is quicker for a particular person's driving habits. The Honda Civic Si comes to mind. Sure, the Civic Si sure is quick if you redline it at each shift. However, shift it a 4,000rpm and the vehicle's 0-60 times nearly double. That person's opinion of the Civic Si is that it is slower than their minivan. That is an extremely valid opinion.

    Does it really matter what kind of steel my car is made with? Does it really matter what kind of leather my car has in it? Does it really matter what the on-paper performance says? No. What matters is which car I like better. That is my opinion, and that is what makes me who I am.

    On paper, the Chevy Metro is probably the most perfect car you can get. Great mileage, decent performance, excellent price. However, I don't like the Metro so therefore I won't buy one. That's my opinion.

    Am I educated? Not only am I educated (and certainly more educated than a 19 year old freshman or sophomore), but I work in the auto industry. I know from personal experience that opinions count.
  • wenyuewenyue Member Posts: 558
    Don't worry about it. Now that you know that Honda also does fleet sale in North American, why aren't you worried all those abused Accord ruining Accord's resale value? The reason is simple, the number involve is tiny compared to the market.

    Camry is very rare in Avis and Herz's fleet (They both reported Chevy lumina and Ford Taurus constitute the their midsize fleet). The number of camrys in fleet is insignifcant compared to the demand for Camrys in the used car market out there. Just like Honda's fleet sale is insignificant to the demand in the used car market for Accords. So rest assured that Camry and Accord will hold it's resale very well. :)

    You might not believe it right now, but Camrys are going to have a high resale for many years to come, simply because of its top notch reputation and it's ever increasing popularity (and the resulting demand).

    End of topic.
  • juzefjuzef Member Posts: 37
    Wonders if it is worth getting philosophical
    when it comes to car talk? Judging by this
    forum, it is. When it comes to a 20+ thousand
    dollar purchase, I suppose anything goes.

    Joseph
    in Vermont
  • robertsmxrobertsmx Member Posts: 5,525
    jstandefer:
    Which car do you think needs to be shifted at 4000 rpm and performs better than Civic Si? Somebody was thinking that if S2000 is shifted at 5500 rpm, it will do 0-60 in 12 seconds. These are funny and ignorant assumptions. Why would a 400 lb lighter car, with more torque and horsepower at same rpms take 1.5X of the time when it is not geared like a truck?
  • jstandeferjstandefer Member Posts: 805
    Because the Honda's use a VTEC engine. Before the cam shift, the engines are tuned for maximum efficiency. The Civic Si has a torque peak of 111 lb-ft at 7,000rpm. At 4,000rpm, the engine is probably only producing about 60 lb-ft of torque. The torque jumps at the cam shift (5,000+ rpm) and then peaks at 7,000rpm. In comparison, a Protege ES produces 120lb-ft of torque at 4,000rpm. Also, peak performance generally comes between an engine's torque and horsepower peak. That would put the Civic Si's power band between 7,000 to 7,600 rpm. The Protege's power band spans between 4,000 to 6,000 rpm. The Civic Si will make most of it's acceleration from 6,000rpm up to redline. The Protege ES makes most of it's acceleration from 3,000rpm up to redline. The same goes for the Honda S2000. Unfortunately, that's the down side of VTEC engines. They get great fuel economy as long as you stay under 5,000 rpm, where it is tuned for efficiency. They get great performance above 5,000 rpm, where they are tuned for performance.

    So before you claim that these are ignorant assumptions, you may want to study up on VTEC engines. The same goes for just about any engine with variable valve timing (like Toyota's VVTL-i engines). Nice technology at a price.
  • butch11butch11 Member Posts: 153
    My understanding of VTEC was neatly summarized by post #234. My question is simply this-why would honda offer this technology when most people such as myself buy a honda because they want reliable-no surprises performance. I would almost never push an engine to over 5K rpm's-in fact with an automatic you have to really work at it to make it rev that high-my question is why VTEC. I would like the torque curve to be at the lower end of the rpm range.

    VTEC sounds great for performance oriented drivers-why put it in a honda. My current honda is a 97 lx with a standard 4 cyl engine-85K and nada problems or suprpises. It sounds like a VTEC would be a dog unless you really wind it up. Comments
  • dragon88dragon88 Member Posts: 3
    You don't understand VTEC at all. VTEC strives to create a flat torque curve with a minimal increase at the VTEC switchover point.

    At 4000rpm, it's producing probably no less than 90lb*ft of torque. And even at idle, its producing more than 60lb*ft.

    The S2000 is similar, with over 60% of peak torque at idle, 85% at 2000rpm and within 90% all the way from 3000rpm to redline.
  • jstandeferjstandefer Member Posts: 805
    Well, if VTEC does offer a flat torque curve, then I'm not impressed. However, every VTEC car I've driven has a pretty huge increase at the cam profile switchover, so I'd hate to see what Honda calls minimal. VTEC cars are sluggish before the cam profile shift. VTEC requires that you do a lot of shifting to keep that car in it's powerband and they could really benefit from a 6-spd with close ratio gears so you can keep the engine in it's performance range.

    This quote from Road & Track just about sums up the VTEC: "Drop below 5000 rpm and there's not a whole lot going on, but from there to 8000, hang on and enjoy!"-About the Integra GS-R
  • robertsmxrobertsmx Member Posts: 5,525
    butch11:
    I hope my above post helped you too to understand the way VTEC adds fuel to fire. However, you made a conclusion in your post about mating the high performance VTEC to auto. Neither GS-R/Integra Type-R nor Civic Si come with auto option. Prelude does have the auto with SportShift (like TL) but the larger displacment also allows it to have more low end torque, and also, Prelude's engine develops peak power at 7000 rpm (6800 rpm in Japan). The auto in Prelude also reduces peak power output by 5 HP (manual has 200 HP, auto has 195 HP at same rpm). NSX has F1 style auto shifter (with the original 3.0/V6, not with the 3.2/V6), but comes at the cost of reduced performance (252 HP versus 270 HP at 6600 rpm). The VTEC in SOHC on TL, Odyssey and Accord (US) is not the same as the high revvers, and Civic EX has completly different design of its SOHC VTEC.
  • robertsmxrobertsmx Member Posts: 5,525
    Oops...
    I appolgize for taking this topic away from what it was meant to be, after reading the previous posts, I thought it was more about VTEC than about Passat/Camry/Accord!
  • jstandeferjstandefer Member Posts: 805
    So we basically agree that the performance from a VTEC comes on after the cam profile switch, right? So what are we arguing about. The VTEC shifted at an RPM lower than the profile switch will produce acceleration much slower than a VTEC revved up to nearly redline. That's why to some people the VTEC engines feel sluggish and to others it is quick. It depends on your driving habits. For city driving, I would personally prefer an engine that produces it's torque peak at lower rpm's. Now that we are done arguing the same point, we can continue with the topic.
  • robertsmxrobertsmx Member Posts: 5,525
    jstandefer:
    One last post...
    Which engine do you think is more powerful,
    1.8 liter DOHC Protege ES (120 HP) or,
    1.8 liter DOHC Miata (140 HP), or,
    1.8 liter DOHC Integra LS/GS (140 HP),
    1.8 liter DOHC VTEC Integra GS-R (170 HP)?
  • dave68dave68 Member Posts: 16
    How about 1.8 liter Turbo VW Passat (150 hp)

    Add a performance chip for a few hundred bucks and take it to @195 hp!
  • jstandeferjstandefer Member Posts: 805
    Engine power (remember, torque is power, not hp):

    1.8L DOHC Protege ES 120 lb-ft @ 4000
    1.8L DOHC Miata 119 lb-ft @ 5500
    1.8L DOHC Integra LS/GS 124 lb-ft @ 5200
    1.8L DOHC VTEC Integra GS-R 128 lb-ft @ 6200

    Well, if you want to add a turbo engine, let me add a Mazda rotary engine:

    1.3L rotary naturally aspirated: 280hp

    We still seem to be arguing over nothing. VTEC produces lots of power after the cam profile switch. So, if you redline your engines all day, then the VTEC is great. If you prefer to keep engine rpm's in the first half of the tach, then VTEC is wasted because it is never activated. Plus, when you look at peak torque, VTEC doesn't really offer much of an advantage.
  • robertsmxrobertsmx Member Posts: 5,525
    jstandefer:
    We are back to square one, torque is not power. Horsepower is power. Torque and engine speed give us what we call Horsepower (and is measured in watts or HP or whatever). And the longer the torque is held, the more powerful the engine is, and revs don't come cheap. I don't like TD engines for the same reason. They have all the torque at low rpms and make the cars extremely slow.
    (do you know how much torque Integra LS/GS puts out at 4000 rpm?).
  • robertsmxrobertsmx Member Posts: 5,525
    The rotary engine, yes, if something can have 10,000 rpm redline, it can have that kind of power. And V-twin engines are right out of motorcycles that rev in that range (ask Honda, they are the world's largest motorcycle company).
  • njyangnjyang Member Posts: 1
    Hi gentlemen, I will have to agree with jstandefer. It's purely a personal choice. If one will shift at redline every time, a little Civic will be much more than just a little Civic. However, transforming from being a college kid to a working guy, I just find myself using much lower rpm range than I used to. I just simply can't stand the noise and rattle I feel when it goes over 5 grant. But by driving below 4 grant, it's very frustrating to see little Corollas and Geos sip up and take off at stoplights and numerous other occasions. And I know I have to push my Civic like I hate it before I can catch up with any one of them. And they were only in their normal driving mode. So my very personal preference at this point is that to have an engine (most likely a V6) which will produce most of the torque and power within my normal rpm range, 0 to 4000. Fuel efficiency is definitely not as good as a VTEC Civic, but it will be quiet and smooth but powerful at the same time. Such is the result of my own personal driving habit. But if one can shift at redline and be able to deal with the rattle and noise, the VTEC is a very fine technology.
  • jstandeferjstandefer Member Posts: 805
    Personally, I'd like to see Mazda use their amazing Miller Cycle V6 in more than just the Millenia S. That little 2.3L V6 puts out 210hp and 210 lb-ft of torque. It does rev high, but the engine is so silky smooth and quiet, I don't mind it at all. I spent two hours today driving two different Millenia S's, and that engine is amazingly refined, quiet, powerful, and fuel efficient (28mpg highway on the heavy Millenia). It has great power from a stand still and the power multiplies as revs go up.

    Better yet, Mazda has dropped the price of the Millenia S roughly $10,000 since 1998. For about $2,000 more than a Passat GLX, you can get this amazing engine and an entry-level luxury sports sedan. The Millenia S is a terrific bargain.

    Here's how this little engine works: It uses delayed intake valve timing with the aid of a Lysholm compressor and dual intercoolers to reduce pumping loss (the power an engine wastes while trying to breath). The intake valve stays open half way through the compression stroke. The result is a compression ratio of 8:1 and an expansion ratio of 10:1. In this way, this 2.3L puts out the power of a 3.5L but gets the fuel efficiency of the 2.3L that it is. The whole design is "the epitome of the reciprocating engine" as put by Wards Auto. I think Mazda should embrace this technology much like Honda has done with VTEC. Of course, Mazda still dreams of having a full line of rotary powered cars. But, they have been developing a Miller Cycle rotary engine...
  • jslickjslick Member Posts: 3
    Perhaps no one answered your old post about towing 1000 lbs. My old 84 celica, with 95 hp, and ORIGINAL 181,200 mile clutch, can easily pull my 14' aluminum fishing boat, motor, trailer, and assorted crap. Dealers may not want to discuss towing with a passenger car, because it can have a detrimental effect on clutch, auto tranny, and suspension. Just depends on your driving style, and what you're towing.
  • purp3purp3 Member Posts: 24
    Any of you Toyota and Honda lovers look at the newly redesigned Mitsubishi Galant? I had a Toyota before I bought a Galant a month ago. The Galant was just much more reasonable on price and it was rated over the Camry and Accord by Car and Driver. I love the way my Galant drives and the way it looks. It looks like a BMW series 5. I got the ES 4cyl with no upgrade package. Got it for 17,000 plus $339.00 dealer service fee. After tax and title and a $750.00 rebate I am getting it for 17,700 out the door. Plus Mitsubishi has the 0/0/0 deal with no payments until 1/01. Going with this 0/0/0 program makes you not eligible for the $750.00 rebate. But, still it is a great deal if when you finance your car in 1/01 they still give you a good interest rate.
  • tempuser3tempuser3 Member Posts: 10
    I can think of two reasons why I wouldn't:
    1. It's a Mitsibushi
    2. It's not a BMW
  • purp3purp3 Member Posts: 24
    Have you driven a Mitsubishi and what reasons are you giving your opinion that it is a Mitsubishi? Sure it is not a BMW but don't you think if you can get something for about half the price and it has great looks you would buy it? I have no problems with buying Mitsubishi and you shouldn't either. Go look at the new ones before you voice your opinion. I think you'll change your mind! You shouldn't voice your opinion before you look and drive one!
  • tempuser3tempuser3 Member Posts: 10
    I see you advertising for Mitsubishi in just about every Accord topic on Edmunds site. I don't like your hard sales or whatever your mission is approach.

    BTW: I would never consider a Mitsu, therefore I have no need to test drive one.
  • purp3purp3 Member Posts: 24
    Well, you know why I put my opinion on many of these pages? Because it's ill-informed consumers like you that pay $2000-$3000 more for a comparible car that I was trying to help. Just because you won't try out Mitsubishi for some reason is your choice! There are many other people out there that have a budget and don't like overpaying for a car that will gladly try out a Galant and decide. I guess you are the one that won't. But you know there are people out there who will research and find out that Galant is just as good for less of a price. I guess Honda loves your money!!! Good Luck!!!
  • jstandeferjstandefer Member Posts: 805
    I would have to agree with purp3. There are too many consumers who immediately consider only the Accord or Camry. They don't even know what else is out there. The Accord and Camry are good cars, but they certainly are not the only good cars out there. There is the Mazda 626 and the Mitsubishi Galant to consider. Both of those cars offer a more rewarding driving experience than the Accord and Camry and have their own unique features. Sure, you can't go wrong with the Accord and Camry. But where you can go wrong is to not consider the other options. By doing so, you become just as close minded as the Mazda and Mitsubishi and Volkswagen fans you are criticizing.
  • tempuser3tempuser3 Member Posts: 10
    I would suggest that purp3 start a new topic for Mitsu's rather than bother people who have searched on Camry, Accord or Passat. I'm not "closed minded" I'm simply not interested in Mitsu's. Comparing a Mitsu to a BMW (as purp3 has) is like little Dan Quayle comparing himself to JFK. What a joke!

    If long-term history means anything to either of you then you would have to agree that Mitsu's and Mazda's just don't last. Why would I look at either when I know they will break down more frequently. Same goes for Chrysler, they look great and I'm sure they're alot better than they were, but I have had alot of Chrysler products over the years and have been burned more than once and won't buy another. -History

    BTW: What's the value on a Galant after 5 years?
  • isell_mitsus1isell_mitsus1 Member Posts: 23
    I sell Mitsubishis and I drive a 99 Honda Accord. The Mitsubishi is by no means a bad car and it is cheaper than the Camry, Accord, or Passat.

    BUT, the Mitsubishi is not as proven as the Accord or Camry. The resale value is not as high and you don't have "brand recognition". I do sell the Mitsubishis and they are a worthwhile alternative to the Camry and Accord. However, it has not yet surpassed either of the above.

    It is cheaper price wise, but the other 2 have more history. If I were to have to buy a car all over again, I would still buy the Accord. The Accord was the best car for me and you can not get a 5 speed Galant. But, if I had a budget and had few thousand dollars less to spend the Galant would be high on my list of choices.

    In short, the Galant is a good option to those who do not want to pay Accord and Camry money. It has the same options, a good warranty, and it is overall a great car. Especially considering you can get a V6 for 20k.

    But I do agree with you that this forum is for Accord, Camry, and the Passat so I will end this post right now. :)
  • purp3purp3 Member Posts: 24
    Tempuser3, Where did you see that I was comparing the Galant to a BMW? Did I say that Galant looks like a BMW series 5 and did I say that Galant is not a BMW but it looks great? I believe I did didn't I? Where are you coming up with your stats about Mazda and Mitsubishi? The last time I checked was that imports are still better than domestic cars overall in quality. Do I think that Accord, Camry, and Passat are good cars? You bet I do! I really like them but I don't like the price! If you want to pay higher prices for a car than that's your business! I, myself, I don't like paying higher prices for a car that is comparible in quality and design. Besides, people work hard enough to get by and paying higher prices for a comparible car just doesn't make sense to me. It might to you but it doesn't to me!! Why do you think we have discount airlines? If all were up to you everyone would fly in first class!! See my point. I'm just bringing it to everybody's attention to check out other alternatives to Accord, Camry, and Passat. Also, with respect to the car being worth in five years. I run my car to it doesn't run anymore, so what it is worth in five years doesn't matter to me. I'll have money saved up to buy something else by then and I don't trade when I buy.
  • tempuser3tempuser3 Member Posts: 10
    purp3,

    See post #252 you clearly state "It looks like a BMW series 5."

    The real point here is that this is not a Mitsu thread and you should go make your own.

    end discussion.
  • sv1sv1 Member Posts: 12
    Several other people, including the press, have noted that a Mitsubishi Galant looks like a BMW. (That doesn't mean it drives like one.)

    And why can't a $16K car look like a BMW? What's so absurd or unbelievable about that?

    Here's what I think. It's a great car, and overall offers a better ride/handling combo than both the Accord or Camry. It has a better 4 than both. It only two faults with it are A) it could use better brakes and B) it's classified as a midsized Sedan, but it's smaller than some compacts. Overall, it's easily as good as an Accord or Camry, and I'm sure that several people would prefer it over both.

    With that said, Mitsubishi has a very bad reputation for reliability, and the Galant is a new model. It is a great value, but no moreso than a 626, V6 Contour, or Altima.

    The Mazda 626 however probably has the worst reputation for reliability out of any midsized sedan today, foreign or domestic. I checked one out and it was OK, but when I checked the 626 topic, the complaints were unbelievable. In fact, there was this one guy who worked at a transmission place. He said he saw more Mazdas than anything else. Now seriously, think about what this statement means. Mazda has a 1% market share. GM and Ford have a 24% to 28% market share. So, if the Mazda was simply as reliable as GMs or Fords, the GMs and Fords should be in there 24-28X as much. But the Mazda was in more than both of them. (More than 24-28X less reliable transmission.)

    Needless to say, if you're going to get one, get a manual.
  • dave68dave68 Member Posts: 16
    I don't believe this topic is about Mitsubishi or Mazda!
  • jstandeferjstandefer Member Posts: 805
    I'm sorry, but I have to run to Mazda's defense. The transmission problems on the 626 are only on the automatic 4-cyl models. The automatics used in those are a Ford unit and are highly unreliable. The V6 models are bulletproof. Why doesn't Mazda use their own tranny? I don't know, someone will have to ask their parent company, Ford. But, with such good manual transmission coming out of Mazda, why get the auto? A 626 V6 5-spd is quite a driver's car. The automatic removes all of the car's otherwise great character. And you can get one of those for the price of comparably equipped 4-cyl Accord LX with CD and keyless entry or Camry CE with value package.

    But, this is a Accord, Camry, and Passat topic, so I will quietly sink away.
  • sv1sv1 Member Posts: 12
    Which Fords still use that transmission?
  • hammerghammerg Member Posts: 13
    I bought my Accord EX-L 5sp in February 1998, terrific vehicle. This past summer I wanted to replace my other 10 year old Accord. I wanted a 5 speed married to a V6, so I checked out the 626. Not bad, but not nearly as nice as the Accord. I don't think, as stated above, that the driving experience is better in the 626 than in the Accord. The extra 2 cylinders and 20 extra HP are hardly noticeable and the MT is notchy. The interior wasn't as nice also, somewhat cheap. Styling is subjective, so for what it's worth, the 626 is fine. The Accord is a solid, fun car to drive, in my car's configuration, that's hard to beat, regardless of cost. I think it competes w/ cars costing much more, not less.

    There is a law of diminishing returns with the amount of money people spend on their vehicles. Is a 40 thousand dollar car twice the car of a Accord/Camry/Galant. No way. Is a 5 series BMW twice as fast, twice as safe, twice as much fun? Doubtful. Does it boost the ego of the driver twice as much? Sure, why else would someone buy one. I believe the Accord is the perfect balance between cost, performance, safety and value.
  • hammerghammerg Member Posts: 13
    What about Ponitacs or Buicks? Would anyone here buy a Grand AM or Century?
  • sv1sv1 Member Posts: 12
    Yeah, sure, why not? You don't hear so many people complaining about the Century's/Grand Am's engine/transmission.
  • dave68dave68 Member Posts: 16
    Based upon your "law of diminishing return" you should be driving a $10,000 car. Something like a entry level Saturn, Neon, or Escort. Do you think the Accord is twice as fast, twice as safe, and twice as much fun as these cars?

    Lets face it, most people purchase what they can comfortably afford. The average new car on the road today costs @$20,000. If everyone's income increased by $50,000 next year, I guarantee you would see a increase in the amount people spend on new cars.

    I've owned several Honda Accords and they are great reliable transportation. If you are not the kind of person who has a passion for cars the Accord will be more than you ever need. But if you truly enjoy "driving", as income increases so will the quality of the cars you purchase.
  • isell_mitsus1isell_mitsus1 Member Posts: 23
    Your theory is not true. Actually the people buying Lexus, BMW, and Mercedes are upper middle income families. The truly rich drive Taurus'. As income increases not every one runs out and buys a Mercedes S600. If you look on MSN Carpoint you will see the income level of the people buying the cars. Check it out, you may find it interesting.
  • isell_mitsus1isell_mitsus1 Member Posts: 23
    Before you ask where did I get that information from....In a recent article in Millionaire magazine they showed the top 10 cars that millionaires drove. At the top of the list was the Ford Taurus. Weird huh?
  • dave68dave68 Member Posts: 16
    Thanks for the informaton. I was unable to find it on MSN Carpoint, but I don't doubt the validity. You're right, it is interesting to think about, but I'd like to offer a few thoughts. These are not facts, just my theory.

    I believe the luxury car market is going after buyers in their mid 30s to mid 50s with household incomes of over $125,000. Having buying power does not make one a millionaire. Not to mention having a net worth of over a million dollars is not that unusual anymore. Most of us in our 30s and 40s had better have a plan in place to be a millionaire by the time we retire.

    There are many millionaires out there who have earned a relatively modest wage throughout their life but have saved diligently and acquired wealth. These are not the people who are buying luxury cars. I stated in the previous posts, that regardless of money you still need to have a passion for cars.

    It would be interesting to see what the average age of a millionaire in this country is. I would imagine in their late 60s. Again, probably not people purchasing European and Japanese luxury cars...maybe Town Cars and Caddilac DeVilles.

    In any case, I stand by my comment that if you took the "average" American and increased their salary in the year 2000 by over $50,000, you would see a dramatic increase in the number of luxury automobiles sold.
  • gerapaugerapau Member Posts: 211
    If you took the average American and increased their salary by over $50,000 you would most probably not see any increase in the number of luxury cars sold because we would probably have to start paying $50,000 for an Accord or Camry due to the fact that the average employee at the assembly plants for those cars just got a $50,000 raise.
  • hammerghammerg Member Posts: 13
    DAVE, the Accord is a good example of what the title infers in this posting. A 10K dollar car generally offers only economy. Little performance and no luxury can be obtained at this price level. Plus only a passing attempt at safety. In my Accord I get everything at I want at levels I am comfortable with at a price I am comfortable with. The Accord is not a true sport sedan, but comes close, again for the money. Specially w/ the 5 speed.

    BTW, my wife and I combined make considerably more than the $125K figure mentioned above (I'm not trying to brag) but I wouldn't even consider overpaying for the perceived status and luxury that an Acura, Volvo, Saab, Lexus, Mercedes or Bimmer would offer. The only thing I would desire in my Accord, that isn't generally offered at this price point is added safety. The 2000 Accord, in its more expensive trim versions, now has a SIPS system. But the Swedes and the Germans seem to excel at this.
  • dave68dave68 Member Posts: 16
    Points well taken. I still take exception to the notion that all people who drive luxury autos do so because of status. To each his own. Diversity makes this world interesting.
  • hammerghammerg Member Posts: 13
    You really think that someone driving a 80 thousand dollar "jag" or a 125 thousand dollar 600 series Mercedes DOESN'T do it for the status?! Not to mention the 5, 7 and 8 series Bimmers.

    Sports cars are a little different. Vettes and their ilk are driven for performance and some status.

    Ferrari's, Rolls, Bentley's are ALL about status.
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