Last post on Apr 13, 2007 at 11:55 AM
You are in the Sedans
What is this discussion about?
Hyundai Sonata, Toyota Camry, Honda Accord, Nissan Altima, Volkswagen Passat, Mazda MAZDA6, Ford Fusion, Subaru Legacy, Saturn Aura, Sedan
#3646 of 12297 Re: Altima 3.5SL - A Very Unexpected Surprise [alan_s]
May 29, 2006 (1:57 pm)
Congratulations on your purchase. We owned a 1995 Nissan Maxima, which was a very good car. You should be very happy with the Nissan. Hope all goes well with your Pilot. I normally post on the Accord, Pilot, and Camry/Avalon threads. (I do like the Avalon's style better than the new Camry, but it appears that a majority of most posters are negative on the Avy). I know the thread is not a representative sample, but the negatives are supported by a recent article (starring you) and CR.
#3647 of 12297 Re: Altima 3.5SL - A Very Unexpected Surprise [tinatina]
May 29, 2006 (3:53 pm)
I just sold my beloved Nissan Murano copper w/ black leather and drove like a dream. People commented on its looks and it was fast w/ decent MPG--about 18-20 city on premium. I just bought a Camry THC and though I miss the speed of the Nissan, I really like this car, tiny trunk and all. I get a tax rebate next year and great Toyota resale.
#3648 of 12297 Re: 3.0L VTEC [alan_s]
May 29, 2006 (4:12 pm)
Forgive me for being slightly off topic responding to your post, but how do we know the Azera resale will be poor? Please respond on the Azera forum.
#3649 of 12297 Re: Altima 3.5SL - A Very Unexpected Surprise [alan_s]
May 29, 2006 (4:31 pm)
If you want my honest opinion, (after reading the 150+/- negative posts in your crusade about the Av you had)I could imagine you being a Nissan promoter right from the start. Personally, I think you had an oddball Avalon--one of those one in a million goof ups. I do not believe your Av situation was the norm--not at all.
Altho' I didn't consider one in my search, the Av is a superb automobile.
Best to you re the Altima. Unfortunately it's not my choice.
PS. Nissan isn't out of the woods yet. Bucketloads of cash?? Not true!! You must be an optomist!!
#3650 of 12297 Re: Altima 3.5SL - A Very Unexpected Surprise [djpdx1]
May 29, 2006 (4:38 pm)
The TCH is a nice car, especially with the B Package (nav, leather seats, etc.) However, IMO, the trunk is quite small. In terms of styling though, I like the Avy better than the Camry especially with the blizzard white pearl color. Its too bad they appear to be experiencing problems with the Avy as documented on the thread, the white dot in CR, and a recent article. (I also wonder if they are discounting the vehicle due to the rumored 6 speed tranny for 2007). Best of luck with the TCH.
#3651 of 12297 Re: 3.0L VTEC [bhmr59]
May 29, 2006 (5:24 pm)
Best way to determine projected resale value when there is no history on a particular model, is to look at the leasing residuals. According to Hyundai Motor Finance Corp., the Azera's projected depreciation over 2 years is more than 50% which unfortunately is way higher than the competitors.
#3652 of 12297 Re: Altima 3.5SL - A Very Unexpected Surprise [billybob8]
May 29, 2006 (5:45 pm)
Sheesh! You guys are hard to please! I give the Avalon a bad review and you guys get mad at me. Now I give the Altima a good review and you guys are mad at me again!
I wish I could believe that my Avalon experience was atypical, but there are many similar accounts of the problems Avalons are experiencing - not just on Edmunds but on Toyotanation and other forums too. When there is smoke there is fire. Camry's new 6-speed problems are further testimony that Toyota is going through a less than stellar period. Tough to accept - it was tough for me too. Maybe you'll get lucky and get a good one, maybe you won't and you'll get stuck with a bad one. Do you want to take that increased chance when you spend around $30K or more, on a new car?
I have been called many different names while reporting my Avalon experience, but take into account that I had many Toyotas previously and was a very loyal Toyota owner until the Avalon set new lows in quality. We used to turn in Toyotas at the end of their leases and lease new ones without even looking at the competition, but our last Sienna also started showing some chinks in Toyota's armor.
I'm not going to belabor the point but when a lower-cost car like the Altima is better built and has better engineered electromechanical systems than the Avalon, one has to question... The Altima and Accord certainly don't have the proliferation of similar problems reported by multiple owners littering these forums as the Avalon does.
I am not going to make further posts on the Avalon. This is not the forum for it and I'm pretty tired of the subject anyway. If you think I'm nuts for singing the praises of the very worthy Altima, you are entitled to your opinion!
Check Nissan financial statements and you will see what I mean about Nissan's current financial position.
Now if you'll excuse me, I'm going to take the Altima out for a run!
#3653 of 12297 Re: 3.0L VTEC [alan_s]
May 29, 2006 (6:08 pm)
Thanks for the reply. I'm not a fan of leasing and think, for most people, it is a bad deal.
Maybe I don't understand the residual value. But, the dealer I bought my '05 Sonata from last April is retailing used Sonata's equipted exactly as mine, with 20,000 miles for only $1,000 less than I paid for mine. If I understand residual value, I don't see the Azera losing over 50% of value in two years.
#3654 of 12297 Re: 3.0L VTEC [bhmr59]
May 29, 2006 (6:21 pm)
I think you misunderstood me. Even if you are not leasing, looking at the leasing residuals is a very good way to determine estimated future resale values.
The leasing companies estimate the value of the vehicle at the end of a lease period (residual) and these values are revised monthly to be as close to actual market value as possible. The lessee pays for the depreciation over the term of the lease, but that is not the purpose of this discussion.
When a new vehicle like the Azera hits the market, it is tough to estimate the future value, so the previous model is used as a basis until real-life market values can be progressively used over time.
In the case of the Azera and the Sonata, their projected market values are being based on the old models. My personal opinion is that these new Hyundais are so much better than their predecessors and will in fact have higher resale values than the finance companies are forecasting, but at this point in time, from an estimated total-cost-of-ownership perspective, the Hyundais are higher than the competition.
Right now it is a bit of a gamble as to how the market will accept the new generation of Hyundais, but if they turn out to be reliable and give the competitors the spanking I think they will, these cars are going to be in demand in a few years and worth quite a bit more at resale time than currently forecasted.
May 29, 2006 (6:59 pm)
Ok, I found this really weird. I read some list somewhere that said the new Impala sells better than the Honda Accord. Not Camry or anything, but I find that hard to believe. Is that right or is the list just crazy. 'Cause if its right, GM is coming back, now just give us the Aura already...