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192 messages,  Last post on Aug 30, 2008 at 10:03 AM

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What is this discussion about? Car Leasing, Car Financing


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#7 of 192
Re: Ah so ! Just as the "bloom" will soon be off Honda ? [isellhondas] by danf1
Feb 11, 2006 (1:19 pm)
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Replying to: isellhondas (Feb 11, 2006 11:47 am)

Not to be argumentative, but in Pittsburgh Hyundai not only outsells Honda, but Toyota too.
 
Resale is getting better, but nowhere near Honda. I just took in a 2001 Civic DX coupe with 37k miles for $7200. Wasn't that car about $14k new? Not one to buy for a used car bargain. I checked all the books and the number was right on.
#8 of 192
Hard to believe... by isellhondas
Feb 11, 2006 (1:27 pm)
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Unless Honda has some horrible Honda dealers in Pittsburgh?
 
Ditto for the Toyota stores!
#9 of 192
Re: Hard to believe... [isellhondas] by danf1
Feb 11, 2006 (1:36 pm)
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Replying to: isellhondas (Feb 11, 2006 1:27 pm)

It's more the market here. We have a Hyundai store sitting next to our Nissan store. Same management team for both of them and Hyundai outsells Nissan 2 to 1. My Hyundai store outsells our other one by the same ratio.
#10 of 192
locally be Central Florida by beliver
Feb 11, 2006 (1:41 pm)
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Isell: State dmv stats tell the tale.
 
still a believer
#11 of 192
I believe you... by isellhondas
Feb 11, 2006 (1:42 pm)
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I just don't understand. They sure aren't very popular around here new or used!
#12 of 192
Re: I believe you... [isellhondas] by biancar
Feb 11, 2006 (3:11 pm)
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Replying to: isellhondas (Feb 11, 2006 1:42 pm)

Look for them to start making a dent soon, because they definitely appeal to people who want a new car but can't quite afford a Honda, Toyota or Nissan. They are indeed much improved, and their warranty helps sell the cars too.
 
Re the PT Cruiser: my sister has one, totally loves it and wouldn't be without it. Hers is two or three years old now. She doesn't care about resale value either, will own it as long as it's standing. It's a perfect run around town, park and shop kind of car.
 
Their other car is a Cadillac, so they've got their bases covered, whether they need the highway cruiser or the run-around town mobile.
#13 of 192
Except... by isellhondas
Feb 11, 2006 (5:04 pm)
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Any "savings" realized by buying a Hyundi disappear at trade in time! They were forced into the long warranties in an attempt to win confidence in what had been a troublesome car.
 
I agree, they imnproved. They had to. I would still rather have a two year old Honda or Toyota, but that's me.
#14 of 192
A matter of demographics ? by beliver
Feb 12, 2006 (7:29 am)
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Isell: Not being flip but let's be honest, your customer base is probably more sophisticated there in Seattle ( how else could you explain Starbucks?) and I suspect the median income is higher than here in the Sunshine State.
 
biancar is right. The appeal of a new car with a killer warranty appeals to folks that just cant see the difference on the surface between a Honda or Toyota. If you have not taken the time to REALLY look over a new Sonata or the new Azera you should. You will be amazed !! That new Azera is for a fact getting mighty close to a Avalon in quality, fit and finish etc. at a bargain price. Please go do that and report back with a unbiased opinion. (is that even possible for a Hyundai salesman LOL !!)
 
Hyundai is a knockin' on your back door. I think nationally they are fifth in sales and may be even fourth by now. This speaks volumes for their perceived value and reliability.
 
I remember "back in the day" when Honda first started out in my home town they were selling that little, butt ugly car in the parking lot of the local hardware store. Hyundai has already gone thru that stage and is going to be a company that will rattle all the collective cages of the competition from now on. NO- I don't work for them.
 
believer
#15 of 192
A matter of demographics ? by beliver
Feb 12, 2006 (7:33 am)
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Isell: Not being flip but let's be honest, your customer base is probably more sophisticated there in Seattle ( how else could you explain Starbucks?) and I suspect the median income is higher than here in the Sunshine State.
 
biancar is right. The appeal of a new car with a killer warranty appeals to folks that just cant see the difference on the surface between a Honda or Toyota. If you have not taken the time to REALLY look over a new Sonata or the new Azera you should. You will be amazed !! That new Azera is for a fact getting mighty close to a Avalon in quality, fit and finish etc. at a bargain price. Please go do that and report back with a unbiased opinion. (is that even possible for a Honda salesman LOL !!)
 
Hyundai is a knockin' on your back door. I think nationally they are fifth in sales and may be even fourth by now. This speaks volumes for their perceived value and reliability.
 
I remember "back in the day" when Honda first started out in my home town they were selling that little, butt ugly car in the parking lot of the local hardware store. Hyundai has already gone thru that stage and is going to be a company that will rattle all the collective cages of the competition from now on. NO- I don't work for them.
 
believer
#16 of 192
Re: A matter of demographics ? [beliver] by isellhondas
Feb 12, 2006 (8:21 am)
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Replying to: beliver (Feb 12, 2006 7:29 am)

Last night I watched a Hyundai commercial for a Sonata and I have to admit, it looked really nice. I've never even heard of a Azera? Where do they come up with these names?
 
Looking at that commercial, it was clear to me that they are going after the Accord/Camry market.
 
And, I too remember, when the first Japanese cars were introduced, and I remember hearing " Who would ever buy a car made in Japan?"
 
Detroit was smugly sleeping, and Japan was quietly and efficiently producing quality cars.
 
I think the Koreans stumbled badly with their initial offerings and for people like me, we keep thinking "It's still a Korean car". Had they produced a quality product from the beginning, and they COULD have, they would be a whole lot more accepted than they are now.
 
And, I know marketplaces vary. I do work and live in a pretty upscale area. Honda buyers don't worry so much about the length of the warranty because they figure they won't have to use it anyway, The 100K warranty the Korean cars have is not all inclusive either. Not such a "killer" warranty when you read it. Still long warranties really appeal to some people who have owned troublesome cars in the past.
 
Time will tell, but I do hope Honda is paying attention.

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