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Chevrolet Malibu vs. Toyota Camry vs. Honda Accord

653 messages,  Last post on Dec 05, 2009 at 2:22 PM

You are in the Chevrolet Malibu Forum. Your Hosts are pat & karens

What is this discussion about? Toyota Camry, Chevrolet Malibu, Honda Accord, Car Comparisons, Sedan


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#420 of 653
Re: Toyota in tight race for No. 1 with GM [dave8697] by elroy5
Jan 15, 2008 (6:54 pm)
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Replying to: dave8697 (Jan 15, 2008 6:37 pm)

I have done better with a camaro. 15 yrs old and got 30% of orig purchase new price. Many cars can be kept nice and get very good resale. Even a 6 cyl MT Camaro.
 
A Camaro and a Malibu are totally different. Depending on the model of Camaro the older cars are many time worth more than a newer model (comparing apples to oranges).
 
resale value? A major concern for buyers of accords and camry's because they know the cars are so boring they need to get rid of them soon after buying.
 
This is the post I was replying to, when I said you don't have to "get rid of them soon". By the way, what makes a Malibu less boring than an Accord? My father has a Malibu, and it is the epitome of boring.
#421 of 653
Re: Toyota in tight race for No. 1 with GM [elroy5] by dave8697
Jan 15, 2008 (7:48 pm)
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Replying to: elroy5 (Jan 15, 2008 6:54 pm)

I don't know but can you tell me why the Accord owners are so concerned with resale value of other car makes if they plan on keeping their Honda cars long term anyway?
 
If I look to the right on my screen, the Malibu sits at 9.3 and the Accord sits at 9.0. 9.3 must be the new epitome of boring.
#422 of 653
Re: Toyota in tight race for No. 1 with GM [dave8697] by elroy5
Jan 15, 2008 (8:11 pm)
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Replying to: dave8697 (Jan 15, 2008 7:48 pm)

I am not at all concerned with the resale value of a Malibu ( I don't plan to own one). Looking to the right, is not something I put much faith in, considering many of the owners have owned the cars less than a month. Not much to go on, if you ask me. Anyone (even a hater) can write a review for any car. There are some authentic reviews in there, but there are just as many useless reviews and people on a mission to lower a car's score. If you choose to take a chance on the new Malibu, that's fine. I feel confident that I will get what I paid for with the Accord.
#423 of 653
resale value by niceguy1234
Jan 15, 2008 (10:48 pm)
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When people buy a car, they will conside resale value as one of the critirias. The other things they may consider could be price, handling, look, build & finishing, brand and so on. You will not just like the look and buy it without test drive it, right? So, the resale value is an important factor you will consider before you laid down the money, does not matter if you keep the car for couple of years or 10+ years.
#424 of 653
Re: resale value [niceguy1234] by simpilot1
Jan 16, 2008 (3:28 am)
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Replying to: niceguy1234 (Jan 15, 2008 10:48 pm)

I'd like to point out that in some states personal property tax or annual tag fees are based on the NADA retail value of the vehicle. A high resale value may cost you more in taxes and fees than you will recoup from the higher resale value, particularly if you keep the car a long time. I live in Missouri which is one of those states.
#425 of 653
Re: Toyota in tight race for No. 1 with GM [dave8697] by imidazol97
Jan 16, 2008 (4:11 am)
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Replying to: dave8697 (Jan 15, 2008 6:37 pm)

>Who can show any data one way or the other about resale value? Is there an argument floating around out there that a better car can be worse due to poor resale value?
 
A few people feel they can look into the future on resale value. If so, I need some help with my 401K and stock portfolio so that I only hold high return items.
 
Looking into the future based on past value doesn't work for Enron workers who held huge amounts of company stock, e.g. Toyota owners of certain cars with transmission behavior problems and sludging have cars that are down in value. So they bought a car with high resale value but CR downgraded Camry; ooops, sorry about your car value.
#426 of 653
Re: Toyota in tight race for No. 1 with GM [dave8697] by fd2
Jan 16, 2008 (9:35 am)
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Replying to: dave8697 (Jan 15, 2008 7:48 pm)

If I look to the right on my screen, the Malibu sits at 9.3 and the Accord sits at 9.0. 9.3 must be the new epitome of boring.
 
Hmm...The Malibu has 21 reviews to the Accord's 118 (as of 12:30pm EST, 1/16/08).
 
I'd be more interested if the Malibu had 118 reviews to the Accord's 118 or the Accord's 21 to the Malibu's 21. Otherwise, you're not exactly comparing Apples-to-Apples, given the fact that the mean average review could either go up or down the more the Malibu and Accord (and Camry, for that matter), are reviewed.
#427 of 653
Re: Toyota in tight race for No. 1 with GM [imidazol97] by elroy5
Jan 16, 2008 (2:50 pm)
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Replying to: imidazol97 (Jan 16, 2008 4:11 am)

A few people feel they can look into the future on resale value. If so, I need some help with my 401K and stock portfolio so that I only hold high return items.
 
I can't look into the future, but I can predict future resale value. I predict the Accord will retain a higher percentage of it's MSRP than the Malibu will. You don't have to agree.
 
Looking into the future based on past value doesn't work for Enron workers who held huge amounts of company stock, e.g. Toyota owners of certain cars with transmission behavior problems and sludging have cars that are down in value. So they bought a car with high resale value but CR downgraded Camry; ooops, sorry about your car value.
 
Honda, and Toyota for that matter, are not Enron. I doubt the Camry resale value will take a big hit by this. Why not? Because normal people (who don't spend time on internet forums talking about cars) don't even know about these problems, and will still pay a good price for a used Camry. The Accord has had some problems in the past, but Honda will usually make it right, and keep the customers happy. The percentage of Accords that go to fleet sales is historically low, and I don't see that changing. I would not count on low fleet sales for the Malibu. Fleet sales affect resale values also.
#428 of 653
Re: Toyota in tight race for No. 1 with GM [fd2] by dave8697
Jan 16, 2008 (5:55 pm)
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Replying to: fd2 (Jan 16, 2008 9:35 am)

apples to apples? if the 21 is the same % of malibu sales as the 118 is of accord sales, then apples to apples is what we already have. What was accord's rating with 21 reviews in? probably about 9.0, so why expect malibu's to change so much? 6 pieces of data can sometimes start to give a hint of what's to come. Yesterday they reported Romney the winner with 9% of precints reporting in.
Apples to oranges will be when someone says the new malibu will have the reliability or resale value of the previous model, that it shares NOTHING with except the 100,000 warranty.
#429 of 653
Re: Toyota in tight race for No. 1 with GM [dave8697] by bug4
Jan 17, 2008 (9:06 am)
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Replying to: dave8697 (Jan 16, 2008 5:55 pm)

For the record, the rating of the Accord has gone down from the mid-9's as it has received more and more reviews. I think there are lots of reasons for this that relate to the type of buyer that purchases a car when it is very first released and who posts a review soon after getting the new car (like I did). I think you will see the Malibu's rating decrease slightly over the next several months---- I'd bet you on it!

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