Last post on Jan 19, 2007 at 11:52 PM
You are in the Honda Accord
What is this discussion about?
Ford Fusion, Honda Accord, Sedan
#1 of 432 Accord vs. Fusion
May 01, 2006 (12:06 pm)
I am trying ot make a final decision between the FORD FUSION and HONDA ACCORD.
My requirements are:
Total cost of ownership.
Any insight welcome, current drivers of either are especially welcome!
#2 of 432 Re: Accord vs. Fusion [bristol2]
May 02, 2006 (7:05 am)
FUSION gas mileage is better on the automatic than the manual- loaded SEL
Big discounts on FUSION after FORD down payment match and $500 rebate or low apr financing. currently 0/.9/2.9 for 36/48/60
Sticker on your desired car in 4 cylinder is under $22000 and an be purchase for around 17500 if you work at a deal.
Honda Accord EX with similar features is at minimum $3000 moe expensive.
Although the Ford wont resale as high down the road it will compare favorable if you get compare resale values based on purchase price paid.
Honda Accord EX - MSRP $25000 - OTD purcahse price - ~25000 - Monthly Payment at 6% assuming $2500 down - $435/month - ~value after 36 months and 45000 miles - $13000 - Cost per mile without maintenance - .26 cents per mile
FORD FUSION - MSRP - $21350 - OTD purchase price with rebates - no financing incentive - ~19500(assumes discount of $2000 - it can be had cheaper)Mothly Pamentwith $2500 down ~338 - ~value after 36 months and 45000 miles - ~9000 - Cost per mile without maintenance .23 cents per mile
For me I turn my cars every 3-4 years and I thing the fusion is more stylish then the accord and has a lower cost of ownership short term than the accord. However, if you are the type of person to keep a car long term - 6+ years you will recoup the additional money you spent on the accord in maintenance savings and resale value assuming the FUSION has a similar maintenace record as past fords.
I just bought a fusion and love it. The engine is supposed to go 150000 without a tune up. I think they are building all cars better today. If the prices were the same I would choose Honda. However, I always buy based on value and the FUSION in my opinion is a much better value at this point.
#3 of 432 Re: Accord vs. Fusion [mattnday1]
May 02, 2006 (7:38 am)
Wow, thorough answer!
It sounds like you have done the same research I am doing.
The two models I am looking at are Ford Fusion SEL I4 5sp with moon roof, safety and security package and anti lock braking and Honda Accord EX V6 6 sp w/leather. Already the 2 are not really a straight comparison since the Honda dealer does not have the I4 with stick to test.
I am test driving both in a couple of days. A lot will ride on trade-in offered for my current vehicle in terms of who I go with.
If the Ford does not have a 'deal-breaker' it will be very hard to argue with the $$ savings.
I also need to consider, if it is the Ford I will probably trade in 2-3 years. If it is the Honda, I would expect to keep it for 5+ years.
May 02, 2006 (7:52 am)
What are you talking about? NOBODY pays sticker for an Accord. NOBODY. Go check the prices paid forum for the Accord. People are paying, at a minimum, invoice, and sometimes lower. You can play on at least a few thousand off on MSRP.
I was looking at an Accord EX V6, MSRP of $27800, it would have cost me 24500. No rebate, but dealers are selling at invoice and in some cases giving you holdback.
I'm not arguing either way, I would just encourage the OP to not just assume the Accord costs quite a bit more, you may be quite surprised. Having never bought anything but GM, I was shocked to find out that an Impala loaded up the same way as the Accord I was looking it, even with rebates for the Impala, cost more than the Accord. I was shocked, actually.
#5 of 432 Re: Uhh [mfletou1]
May 02, 2006 (8:17 am)
This may not be the right spot for prices paid etc. but the offer from the Honda dealer was $24,999, this is approx $5k more than the Ford plus Ford has the one-to-one cash incentive and $500 'bonus' money (don't get that, just take it off the sticker Ford).
I get X-plan pricing for the Ford through work and the Honda dealer is a 'one simple price' type place. Of course, my trade-in does not have 'one simple price' so we'll have something to negotiate.
I am 50/50 right now between the 2. Honda is a nicer package but I'll pay for it. Ford looks great and I won't see as many of them out on the road.
For the sake of comparison I should also mention that I do around 30k miles per year, reliability and cost to repair/ maintain is important.
May 02, 2006 (2:52 pm)
I misunderstood the situation when I posted that. You aren't comparing the same car. A better comparision would have been the Fusion SEL V6.
Obviously, a car with a 4 cyl, no leather, is going to cost a lot less...
May 02, 2006 (4:08 pm)
I have a 05 4cyl Accord, leather, automatic...gets fine mileage, wouldn't trade it for anything.
#8 of 432 Re: Ok [mfletou1]
May 02, 2006 (5:33 pm)
No stick with the V6 unfortunately.
#9 of 432 Re: Uhh [bristol2]
May 03, 2006 (5:24 am)
I do around 30k miles per year
With that kind of mileage I would definitely buy the Accord over the Fusion. Accord has a legacy of taking the miles with minimal maintenance. Fusion is a new model with a zero track record. You're gonna take a chance buying the Fusion and hoping it takes the miles well, when you KNOW the Accord will.
#10 of 432 Re: Uhh [leadfoot6]
May 03, 2006 (8:44 am)
I have 160,000 miles on my Accord with which to back up leadfoot's statement. I have a new 06 Accord that sits as often as its driven, because I take my old 96 half the time, as it still drives great, and has only needed two repairs in nearly 11 years of ownership; the brake master cylinder went out last week, and the main cooling fan motor gave out two years ago. Only $613 for 160,000 miles is nothing to scoff at, IMO. Get the Honda if you like those numbers.