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Hyundai Accent

598 messages,  Last post on Sep 30, 2009 at 4:15 AM

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What is this discussion about? Hyundai Accent, Coupe, Hatchback


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#297 of 598
Re: Versa Pricing vs Accent [backy] by delta4
Mar 25, 2006 (9:12 am)
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Replying to: backy (Mar 25, 2006 7:28 am)

The Accent is well ahead of the fit in packaging and pricing based on the target demographics for this segment, who are early first time buyers or new car buyers on a tight budget. The starting price of the 3 door Accent is around $10,995. The Accent 4dr begins at 12,455. Both vehicles are equipped with std front/side/curtain air bags and ABS. Extras are a/c and power package. This keeps the initial price down and therefore allows Hyundai to keep Accent's pricing elastic if not more flexible and aggressive. From a marketing/packaging standpoint this is a smart move. It allows more buyers flexibility to "build" their own car.
 
However this last point should be obvious. Additionally, you mentioned that rebates are not the last word on value. So why do manufacturer's including Honda offer them? No one knows how the Fit will compete against the Accent. No one knows whether Honda will be able to maintain margins on the Fit.
 
Honda recently slowed production of their much ballyhooed Ridgeline. At last count it had 53 to 72 day supply on dealer lots. Honda To Cut Production Of Slow Selling Ridgeline
#298 of 598
Re: Versa Pricing vs Accent [delta4] by backy
Mar 25, 2006 (11:40 am)
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Replying to: delta4 (Mar 25, 2006 9:12 am)

Well, IMO the Ridgeline is an ugly, poor excuse for a truck--that may be why it's not meeting sales expectations. But it has nothing to do with the Accent vs. Fit discussion, does it?
 
I thought by "packaging" you were referring to the packaging of the car itself, not how options are packaged. It is true that the Accent starts at a lower price and has more option packages available. But this is an advantage only for people who want the stripped models. I have yet to see a '06 Accent on the lot w/o A/C--and I'm in Minnesota! So making A/C optional may cut the advertised price of the car but not the real price. For people like me who want all the safety features (including ABS and side bags/curtains) and power windows & locks, the Fit's packaging is better. And it doesn't force me to get options I don't want (like alloys) by throwing them into one huge package rather than offering them separately. (I notice Hyundai is tweaking the packaging on the Accent for 2007 though.)
 
To my knowledge, Honda has not offered direct-to-consumer rebates in the past few years on any of its cars. I doubt they will need to resort to rebates for a car like the Fit that will be priced about the same as its Korean competitors and available in small numbers.
#299 of 598
I doubt that Honda by iluvmysephia1
Mar 25, 2006 (12:56 pm)
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will need to offer rebates on the new Fit. It seems to be generating tons of interest and Honda will probably not be able to produce enough of them to fulfill all American orders for them.
 
They are already such a nice price, the first Honda's since the tiny Hondacar of the late 70's that is reasonably priced, IMO. I will even take a short gander at them.
#300 of 598
Re: I doubt that Honda [iluvmysephia1] by joe97
Mar 25, 2006 (1:15 pm)
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Replying to: iluvmysephia1 (Mar 25, 2006 12:56 pm)

I wish Honda would have waited to bring the next-gen Fit to the NA market. The current one is already a few years old; and dated judging by some of the items on board. Anyway, I disgress. Let's get back to the Accent
#301 of 598
Re: Versa Pricing vs Accent [backy] by delta4
Mar 25, 2006 (5:24 pm)
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Replying to: backy (Mar 25, 2006 11:40 am)

"Well, IMO the Ridgeline is an ugly, poor excuse for a truck--that may be why it's not meeting sales expectations. But it has nothing to do with the Accent vs. Fit discussion, does it?"
 
The example regarding the Ridgeline was a comparative one. Note that when the Ridgeline was first introduced how much "media-citement" was stirred as well as consumer interest. This is a vehicle that was heavily promoted as well.
 
The Accent will do well within its segment due to its packaging/pricing and aggressive factory incentives. although I believe that the Fit is going to generate sales they are going to have discount to maintain numbers. Repeating: This is an extremely competitive segment and buyers are both price sensitive and value conscious. Looking at the overall strategy of Hyundai's Accent they have adjusted the dynamics of this car to meet the competition head-on.
 
One last, Honda does indeed resort to "rebates" they are known as reverse-rebates where they offer special finance deals and dealer incentives. However back on topic with the Accent.
#302 of 598
Re: Versa Pricing vs Accent [delta4] by backy
Mar 25, 2006 (8:30 pm)
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Replying to: delta4 (Mar 25, 2006 5:24 pm)

I think the Ridgeline is a poor example. The Fit is already a proven seller around the world, e.g. the #1 seller in Japan and very popular in Europe and throughout the rest of Asia also. And it is not a new market for Honda, as was the Ridgeline--it is actually re-introducing a car to a market that Honda owned not too many years ago.
 
I think it is inaccurate terminology to call special finance deals "rebates." They are not rebates of any sort but subsidies for financing programs. There are also manufacturer-to-dealer incentives. But generally when one thinks of rebates, it is the manufacturer-to-consumer type--like the $1000 Hyundai just started offering on the Accent after cries from dealers that the car was overpriced for its market.
#303 of 598
east is last by ross14
Apr 05, 2006 (7:54 am)
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Not a sign of the New Accent Hatcback in Nyc. Has it appeared in the west, Midwest?
#304 of 598
06 Accent Review by fertimo002
Apr 07, 2006 (9:21 pm)
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http://info.detnews.com/autosconsumer/autoreviews/index.cfm?id=22470
#305 of 598
Re: 06 Accent Review [fertimo002] by backy
Apr 08, 2006 (5:07 am)
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Replying to: fertimo002 (Apr 07, 2006 9:21 pm)

Thanks for the link. They seem really positive on the car. But IMO is was not a very well-done review. Not a lot of details--they didn't even explain what equipment was on their test car. And the photos were from Hyundai's archives, and old ones at that, of a prototype instead of the current production car (note the interior pics).
 
I am going to try to drive one of these today, head-to-head with the Yaris. Right now the Fit, Versa, Accent, and Yaris are at the top of my shopping list, with the Fit having the pre-drive edge.
#306 of 598
dont buy a honda fitttttt by enka
Apr 22, 2006 (9:05 am)
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I got to say dont buy a Fit because its not anything speacial ugly exterior people just buy it because it has a honda badge on it. Hyundai accent is so much better look at the sales of accent in europe like everyone is buying them and also in europe they have Hyundai Getz and that sells alot too and better loking than fit i would prefer accent Hyundai fan til i die

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