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2007 Hyundai Accent v 2007 Toyota Yaris Lift
442 messages, Last post on Aug 31, 2008 at 8:32 AM
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Replying to: tjw1308 (Oct 04, 2006 10:01 am) 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).
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Replying to: backy (Oct 04, 2006 10:27 am) 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... 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
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Replying to: tjw1308 (Oct 04, 2006 10:56 am) In your point, Comparing Hyundai to Lexus, well, that should be a complement for Hyundai
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Replying to: joe97 (Oct 04, 2006 11:10 am) 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
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Replying to: tjw1308 (Oct 04, 2006 11:15 am)
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Replying to: joe97 (Oct 04, 2006 11:17 am) 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
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Replying to: tjw1308 (Oct 04, 2006 11:21 am) 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)
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Replying to: joe97 (Oct 04, 2006 11:25 am) 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.
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Replying to: joe97 (Oct 04, 2006 11:25 am) 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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