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2007 Hyundai Accent v 2007 Toyota Yaris Lift

442 messages,  Last post on Aug 31, 2008 at 8:32 AM

You are in the Hyundai Accent Forum. Your Host is pf_flyer

What is this discussion about? Toyota Yaris, Hyundai Accent, Car Comparisons, Hatchback


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#38 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [tjw1308] by backy
Oct 04, 2006 (10:27 am)
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Replying to: tjw1308 (Oct 04, 2006 10:01 am)

Please show me where I described it as anything but more risk?
 
OK, how about this from a few minutes ago:

Historically, even as recent as the last 5 years, you'd have far less to "risk" [emphasis mine] if you went with a Yaris.

 
Not sure what buying with cash has to do with this. Since the Accent costs less up front than the Yaris, why should taking out a loan be a problem with the Accent, given the Accent's real-world advantage in dollar depreciation over 5 years? Also, "keeping it forever" is an exaggeration I think. After five years, you would likely lose more money on depreciation on a Yaris than an Accent. Unless five years is "forever" for you?
 
According to the U.S. Government, the average miles driven per car in 2001 (most recent numbers I could find) was 12,041--up just a few hundred miles since 1994. So is 10,000 miles "far less than average"? I wouldn't say that.
 
So wouldn't someone who buys a car with a loan, drives 12,000 miles a year, and owns the car for at least five years (the length of many loans these days) be pretty "average"? And please explain to me why a Yaris would cost this kind of person less? We've already established the Accent is likely to have an advantage in lower depreciation expenses. The Accent will be under full warranty for all five years and 60,000 miles that this "average" driver will own the car. The finance charges on the Accent will be lower, due to lower up front price. The lower gas costs for the Yaris may offset some, maybe all of these higher costs. But I don't see how you can infer from this that the costs of owning the Yaris will be lower.
 
As for the "many" Toyotas having problems, look back at the article I posted earlier. And I think you need to check back with JD Power, because it was Toyota that finished behind Hyundai in their latest report (at least the one I quoted earlier).
#39 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [backy] by tjw1308
Oct 04, 2006 (10:56 am)
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Replying to: backy (Oct 04, 2006 10:27 am)

Again, if you consider that "many" problems, Hyundai has more than the "many" problems Toyota does:
 
http://www.cnn.com/2006/AUTOS/06/07/jdpower_iqs/
 
If you want to make this a discussion about which manufacturer has more awards (even recent ones), let's go... But I have a hunch you already know how it'll end up.
 
And didn't you say not too long ago that you drove LESS than 10k per year? I think that's only fair to describe as far less than average, even if you believe the average to be 12k today, that's a full 17% or more (less) (depending on many miles less than 10k you drive).
 
I also thought we settled long ago, that on comparably equipped cars, using TMV, that once you factor in AVERAGE gas use, the Yaris is in fact less expensive...
 
Now you want to throw in finance charges? Ok, let's look at the difference in finance charges, on a difference of $1000, over 5 years, on an avearage APR (let's say 10%). Is it more or less than $300???
 
And you say 5 years is the average length of the LOAN, but do you know how many are actually paid to term? I do. It's less than 50%. That means, the MAJORITY of car loans never have every payment made... hmmm... falls in line with the point people don't, on average, keep cars very long compared to you... now doesn't it?
 
IF you calculate in purchase price, depreciation, finance charges, and gas-mileage (no matter how much of a window you look at) the Yaris either beats, or is within a hundred dollars or so, of the Accent.
 
The Yaris is, for most people, a better buy $$$-wise than the Accent.
 
T
 
PS: With regards to my "risk" quote... I don't think that's even the slightest exaggeration, especially when you look at the reliability history of the ECHO compared to the Accent. The Accent may not be "unreliable", but it is indeed, far less reliable than the ECHO. Sorry
#40 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [tjw1308] by joe97
Oct 04, 2006 (11:10 am)
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Replying to: tjw1308 (Oct 04, 2006 10:56 am)

The JD Power study referred, Hyundai finished ahead of Toyota in the non-luxury nameplate. Backy's right because Yaris is not a Toyota, not Lexus.
 
In your point, Comparing Hyundai to Lexus, well, that should be a complement for Hyundai
#41 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [joe97] by tjw1308
Oct 04, 2006 (11:15 am)
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Replying to: joe97 (Oct 04, 2006 11:10 am)

Right, and that is the IQS study.
 
I am trying to find a good link to the "problems per 100" study, which is more applicable to the statement of Toyota having "many" problems.
 
T
#42 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [tjw1308] by joe97
Oct 04, 2006 (11:17 am)
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Replying to: tjw1308 (Oct 04, 2006 11:15 am)

You're looking for the VDS study. Actually both IQS and VDS are measured in terms of "problems per 100". By the way, VDS studies 3-year-old vehicles, not exactly relevant for this discussion. Let's come back in 2010 to discuss these 07 models
#43 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [joe97] by tjw1308
Oct 04, 2006 (11:21 am)
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Replying to: joe97 (Oct 04, 2006 11:17 am)

Cool, did not know that
 
Just out of curiosity, do you have a link to the current VDS? I can't seem to find one
 
That way, we can look at how "many" more problems Toyota has than Hyundai, when we look at a slightly wider ownership window than 90 days?
 
T
#44 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [tjw1308] by joe97
Oct 04, 2006 (11:25 am)
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Replying to: tjw1308 (Oct 04, 2006 11:21 am)

The VDS is a reliability study of 2003MY vehicles. Toyota 179; Hyundai 253
 
The reason why it's not relevant discussion is because both models are new (well, Yaris, relative), so reliability is still a moot point. Of course, everyone, including Toyota, would tell you the new Hyundai lineup are a lot better than previous models, even back track 3 years (2003)
#45 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [joe97] by backy
Oct 04, 2006 (11:31 am)
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Replying to: joe97 (Oct 04, 2006 11:25 am)

The other reason that I expect tjw1308 will agree a 3-year period isn't relevant is because he said so earlier:
 
Do you know when MOST cars start having trouble? I'll give you a hint before you bring up the IQS... it isn't less than 3 years, and it certainly isn't less than 90 days lol...
 
So since most cars don't start having trouble within 3 years, a 3-year reliability study will be of limited value.
#46 of 442
Re: 2007 Hyundai Hatch and 2007 Toyota Yaris Lift [joe97] by tjw1308
Oct 04, 2006 (11:33 am)
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Replying to: joe97 (Oct 04, 2006 11:25 am)

See, I think it is pertinent seeing as they are BOTH "new" models. All we have to go off of is history, not just a 90 day "honeymoon" (people like new and shiny things haha).
 
As discussed before, despite being "new" the Yaris shares a lot mechanically in common with the ECHO. So does the Accent (with the previous-gen). Look at the history of both, and it's easy to PREDICT that the Yaris will be more reliable.
 
The other issue is, Backy made the statement that Toyota is having "many" problems.
 
3 years ago is too long now? I might even give you that they've come a long way from the days of the Scoupe/Excel (12 years ago), but THREE years is too long??? Come on now
 
T

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