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Sedans Midsize Sedans 2.0
11205 messages, Last post on Nov 21, 2008 at 11:49 AM
You are in the Sedans Forum. Your Hosts are pat & karens
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Replying to: csandste (May 20, 2007 11:25 am)
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Replying to: thegraduate (May 20, 2007 11:36 am) |
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| The Legacy is my personal favourite, its a really under rated Camry/Accord alternative. It is available with a six speed manual, looks really good, has a turbo charged engine, what more can you ask for? You actually control the car, when you steer the car you feel where it is on the road, you feel how its handling, how it is breaking. Instead of getting no response and completely unresponsive, mushy breaks on the Camry. The Camry is really just an appliance, a white good. It will never be as fun or good looking as the Legacy or Aura. It maybe good quality, but there is no soul there, no passion. Something I need in a car. | |
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Replying to: plekto (May 20, 2007 10:31 am) And sure, the fact that Honda is discounting a little more than usual right now on the last year before a model year change is not strange at all - and will have a negative effect on resale values - although I would be willing to bet that resale values won't go down (on a percentage basis) as much as the 'drive out' prices have - making them even more of a true 'value' then they were a year ago.
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Replying to: thegraduate (May 20, 2007 6:35 am) Someone else can probably verify but IIRC Accords were being discounted $3000 - $4000 last year during the end of the model year run. I do remember Edmunds showing a "Manufacturer to Dealer" "Marketing Support" incentive of $3000 and I'm pretty sure it was as high as $4000 at one time. As I understand it, this cash is not on the hood but is available to the dealer if they really need to make sales. So not everyone saw it when they bought an Accord during that time last year. I'm not writing this to imply that there's a problem with the Honda resale formula mind you. I just wanted to point out that they do at times offer a good bit of cash even if it is handed out at the dealer's discretion. Cash like that also allows them to print those outrageous ads showing a car for a crazy low price, then you walk in the door looking for that deal (the bait), and finally walk out with a different car (the switch). 
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Replying to: baggs32 (May 20, 2007 4:34 pm) And you walk out with a whole lot less of the (secret) discount that most customers don't know about but the dealer knows to keep his hands on.
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Replying to: imidazol97 (May 20, 2007 5:12 pm) Regards: Oldengineer |
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Replying to: captain2 (May 20, 2007 3:49 pm) agreed. its easier for them to rebate heavily now at the end of this generations run. You have to figure all the design and engineering costs have been paid for. From what I understand, when a company makes a new car, or redesigns an existing one, the guess how many units they will sell of it. They use that number to spread all the development costs over. being as the accord probably sold a good bit more units than anticipated, it probably generates more profit than it did 3 years ago. and, there is more room to lower the price.
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Replying to: jd10013 (May 20, 2007 5:50 pm) But they need that profit to pay for the development of the new version!!! The logic doesn't wash about the discounting. They are incentives and they aren't even above board to all customers like other companies are.
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Replying to: imidazol97 (May 20, 2007 6:19 pm)
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