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Toyota Yaris, Hyundai Accent, Car Comparisons, Hatchback
#154 of 443 A quote for you...
Nov 12, 2006 (3:44 pm)
With regards to the Accent, Car and Driver counts as one of their "lows":
"still carries a Hyundai badge on the nose".
If you don't believe that the stigma still exists, you simply are ignoring reality. A few positive remarks about a car that's been on the market for less than a year is NOT indicative of how the vehicle will perform long term.
Again, if you ask 100 people in a shopping mall, most likely only the Hyundai owners will testify anything positive with regards to the company. Bias? Yup. Unfair? Perhaps. Reality? Absolutely.
I understand there have been improvements. Improving from the bottom isn't overwhelmingly difficult. The point is, UNTIL there is more than a few limited timeframe indicators, the majority of car buyers (note: NOT car magazine writers... buyers) will continue to view Hyundai as a second-tier product.
If you disagree that's 100% ok. But you are in the minority... And most likely either a Hyundai owner or employee j/k.
It MAY be changing... heck, a lot of things might happen too. In the end, the Yaris is a better value because it doesn't rely on supposition. Toyota is a known quantity... with Hyundai you're crossing your fingers.
Don't believe me? Tell that to the people who bought a 2003 Accent/Rio (the car with the worst residual value). I suppose you're going to tell me that up until 3 years ago, they hadn't turned the corner, but now they have, right?
And why are residuals so low on those cars? Residuals are based upon 3 things: Desireablility, Reliability, and Availability. So what was it with all these 3 year old Accents? Did they over-produce them? Or were they just undesireable, inferior cars?
I'm certain I will have a substantial market for my car when I go to sell it. Toyota's are funny like that. I don't have to worry about hoping that history won't repeat itself (because I'm sure all those people who bought the worst residual Accent in 2003 thought they were getting the "new" "quality" Hyundai...).
If you want to take that gamble, good for you.
I'd rather just go with the Yaris.
#155 of 443 Re: A quote for you... [tjw1308]
Nov 12, 2006 (3:52 pm)
Of course for those of us who like a car for the long term (versus a fad car), then residuals are meaningless. What's the residual on a 10 year old car with 200,000 miles...hmmm.
#156 of 443 Re: A quote for you... [bobw3]
Nov 12, 2006 (3:56 pm)
It's not even about the $$$ involved per se, it's WHY the residuals on the Accent are so pathetic?
Just because the occasional person keeps a vehicle for a long time (remember, nationwide, the average ownership length is only about 3.7 years), doesn't mean you should just ignore residuals.
Residuals are a great indicator of the market on a given vehicle, regardless of how long you keep it.
#157 of 443 Re: A quote for you... [tjw1308]
Nov 12, 2006 (4:28 pm)
It seems you are finding it harder and harder to discuss the Yaris wrt the Accent on the cars' merits, and so are resorting to attacking the Hyundai brand and making sweeping generalizations about what people in a shopping mall think about Hyundai.
Again, if you ask 100 people in a shopping mall, most likely only the Hyundai owners will testify anything positive with regards to the company.
Well, at least you finally acknowledge that Hyundai owners are pleased with their cars. Did you know that Hyundai's repeat customer business is one of the best in the industry?
On resale value: do you remember the analysis I did earlier in one of the Yaris discussions, and how many dollars you will be out-of-pocket if you buy an Accent or a Yaris, based on real-world sales prices and the ALG residual percentages? Recall that the results were in the Accent's favor, due to a lower price up front for comparably-equipped cars. I can repeat that here, if you don't remember it. The bottom line is, I don't care one bit if one car has a better ALG residual value percentage than another car. The two important questions are: 1) does the car meet my requirements (if not, the other question is moot); 2) which car will cost more (in dollars) during the term of ownership?
I hope you are right that you will have a "substantial market" for your Yaris when you go to sell it. With safety features like side air bags and ABS becoming commonplace even on B-class cars, I wonder what the market will be like in a few years for a car like your Yaris that doesn't have those features.
With regards to the Accent, Car and Driver counts as one of their "lows": "still carries a Hyundai badge on the nose".
Could you please post the link to the quote from C/D on the current-gen Accent (2006-7)? I couldn't find it. I did find comments like this:
There are no complaints about space from this elongated editor; or about the interior, which is an attractive two-tone design with legible instrumentation and a simple control layout.
The strut-front and beam-axle-rear suspensions were tuned for a refined ride, says Hyundai, and we were surprised by the veracity of that claim.
The new Accent is remarkably quiet in motion, so much so that the flagship Azera we drove on the same day seemed not that dissimilar.
Do you realize that the 2003 Accent was designed in the 1990s? It's a totally different car than the current Accent, which we are discussing here--the car that CR rated better overall by a large margin than the Yaris.
I noticed you didn't say anything about build quality. Were all those third-party opinions about the Accent's solid build quality enough to convince you that it is indeed at least the equal of the Yaris there, if not better? If not, maybe you could provide some published, professional third-party opinions (as I did) that state that the build quality of the Yaris is better than that of the Accent.
btw, How did you determine that my opinion is the minority opinion--and not yours? Some scientific survey no doubt?
#158 of 443 Re: A quote for you... [tjw1308]
Nov 12, 2006 (7:02 pm)
Also, with respect to residuals, what do they mean in actual dollar values. For example, I buy an Accent and a Yaris for $14,000, after 5 years what will the value be for each of them, assuming they're in the same condition at 75,000 miles each.
For example, I just went to KBB to see the private party selling value for a 2001 Corolla LE with 75,000 miles and it's $7085. I did the same thing for a 2001 Hyundai Accent GL with 75,000 and the KBB private party value for excellent condition is $4380, or a $2705 difference.
Now the MSRP of a 2007 Hyundai Accent GLS with Manual is $13,145, and for a 2007 Corolla LE with Manual is $16,035, or a difference of $2890. I didn't even compare in detail all of the options and features, but based on my knowledge of Toyotas, there are probably more safety features on the Hyundia, and probably more discounts when buying a Hyundia vs Toyota. So even if you end up losing $2705 when you sell the Accent 5 years down the road, you'll have paid at least $2890 less for the Accent and probably a lot more to get comparable features. And you're assuming that after the Toyota's 3 year warranty expires, you have zero repairs in the Corolla. With the Accent, you have the longer warranty.
So in terms of value, the residual difference seems small in comparison to the initially higher cost, less features, and a greater potential of non-warranty repairs in the Toyota. You still may end up buying the Corolla, but for reasons other than residuals and future resale value, because there is no value there.
Nov 13, 2006 (9:05 pm)
I went and drove a Hyundai Accent and it was nice......I liked the way it handled and just the overall feel. I have also test drove a Toyota Yaris....and it had a different feel to it...but I liked it also. I think for me it come down to what I wanted from each car. I am kinda quirky so I think the Yaris handling and all and good gas mileage fill that need. For a more sporty feel and a little less mileage I would take the Accent.
#160 of 443 Re: Relax [randydriver]
Dec 04, 2006 (12:25 pm)
Sloppy shifter, still carries a Hyundai badge on the nose, never going to get you noticed.
if you get the apple green color (hatch version), you WILL get noticed!!!
i drove both cars too, auto tranny and I much prefered the accent.we were in fact disppointed with the yaris, enough to take it off our list! and my husband is a BIG toyota fan.
I went there, without any prejudice againts hyundai or favor to toyota. I want a car that I (yes, ME cause I will be THE driver and most important, I will be the one PAYING it).
we were gonna go with the Xa, HANDS DOWN, but since it will be replaced soon or whatever is gonna happen to the scions, we choose to go another route (mostly because we are concerned about the parts availability in the future since they were not on the market for long) we prefer to go with something that is also easier to get (we dont want to order a car)
last word, I really liked the accent and I am seriouly considering it for my next purchase.
(i will need to drive the aveo5 and the accent again to make my last choice)
Dec 05, 2006 (12:49 pm)
Just FYI, the xA is about 95% the same as a Yaris and the Echo in terms of drivetrain (and chassis-wise it is virtually identical to the Echo hatchback sold in Canada etc). Parts availability shouldn't be a problem in the next 20 years, especially the way Toyota supports its models. They also sold about a kajillion ist's in Japan, which is what the xA is.
I am surprised your local dealer doesn't keep enough stock to sell you an xA without ordering one. Ordering is really just for customizing a car to your exact preferences as far as accessories.
I have been in the '07 Accent a few times now, and I would say if you are looking to have some of the optional equipment like the power package etc, the Accent SE is a better pick than the Yaris. But it's not cuter though...
#162 of 443 Re: canuck [nippononly]
Dec 05, 2006 (1:11 pm)
thanks for your infos!
i never thought about that...hummm...
and about ordering, i was not talking about the Xa in particular but in general.
We are in rural kansas and the toyota/scion/hyundai/nissan are 50+ miles away, more for volks,suzuki,kia and others.
the market here is really in trucks so they tend to keep only very few small cars.
the toyota/scion had 2 yaris liftback (one bayou blue, nice color BTW and a silver one that we drove) and they had 2 xB and one xA that we drove.
on the other hand, the hyundai had 4 accent. 2 wine red and 2 silver, all auto tranny and 2 were GS with prefered pack and 2 with premium pck.
I asked him why they already came with pck (just for curiosity) and he said that it makes no sense to the dealership to put a car without a/c on the lot 'cause he will get stuck with it so they always order their cars with the pck that includes a/c. good thinking on their part!
we also wanted to test drive a nissan versa but none was available at the subaru/nissan dealer. same at the honda, no Fit available. the ford dealership closer to us did not have any focus either...
so now you know what i meant by "ordering" ! it is just because of my location i guess.
#163 of 443 Re: canuck [canuck785]
Dec 05, 2006 (11:59 pm)
Hi this is my second post. I just wanted to share with you guys how I feel about my new car. I got a 2007 Accent gs white stick shift with premium package.I've had it for a month and its been great. a few things i really like are the markers, the ice cold a/c (i live in phoenix) and everything is laid out very logically. the window switches are illuminated but the lock switches are not. After you take the keys out the windows will still roll back up. the lighter is illuminated also. it has a nice arm rest. so far i've been getting 30 mpg mostly city. things that i don't really like are that the engine is buzzy at 80 mph. the range on the key fog is not the greatest. and there are no mirrors in the sun visors. hope this helps anyone. oh and the price was just right.