Last post on Dec 05, 2013 at 4:17 PM
You are in the Sedans
What is this discussion about?
Hyundai Sonata, Toyota Camry, Honda Accord, Nissan Altima, Volkswagen Passat, Mazda MAZDA6, Ford Fusion, Chevrolet Malibu, Kia Optima, Car Comparisons, Sedan
#15321 of 20193 Re: The cliche quandary [thepieguy]
Jul 24, 2010 (7:58 am)
RE: new vs. used...
Agreed. If purchased smartly, and are able to keep right side up in the loan, you can do very well buying a new car. I have done that now for 3 years. I bought a 2007 Prius in April 2007, paid MSRP on it, which at the time WAS a good deal, got 2.9% financing, drove it for 10 months, didn't like it, didn't feel safe in it with my wife and 2 kids, and traded it in on a 2008 Hyundai Veracruz(big difference ) trade in value was way more than I owed, in fact it was still near the MSRP that I paid with 24K miles on it. Bought the VC for a little under MSRP, they weren't dealing too much on them at the time, got 6.9% financing, put 18K on it over 2 years, traded it in on a 2010 Flex Ecoboost, got more than I owed on it in trade, and got a check back from the bank on overpayment of $500, got the Flex for $36K, and 3.9%, payments $114 a month less than the VC. In April of 2008 bought a 2009 Camry Hybrid for far under MSRP, got 6.5% financing on it, drove it for 34K miles, traded in in last year for a Fusion Sport, got what I owed on it, and got the fusion for just under MSRP( I could have done better, but I needed to dump the Camry while it still had value), got 0% financing on it, and pay less per month than I did on the Camry.
Summing it all up, I took what I paid out on these 3 cars that I bought in traded over the past 3 years. Considering depreciation values, what I paid, not including fuel and insurance since those are pretty much the same on any car, it was not much different than had I leased the cars, without any penalties, time limits, or over mileage that you would get on a lease.
Compared to used cars I bought in the past, with higher finance rates, huge depreciation rates, the older it is, the more miles you put on it, the more it all adds up, I was always upside down on the used cars. I have not been upside down on any of the cars I bought new. I don't know where I stand on the Fords yet, the Fusion looks promising, it should hold it's value, the Flex, unknown, but that doesn't matter, once I drove it with the Ecoboost I was hooked, and will most likely keep that one for a long time, as well as the Fusion. I looked for a long time to find a car I really liked, and the 2010 Sport fit, as for the family ride, the Flex fits it very well too. Ford did an Excellent job with these two cars. So upside down or not, I like the cars and plan to keep them for quite a long time, way past the time the last payment is due. I have a 1999 F350 that I bought back in 02, and it is fully paid for and I have no plans whatsoever to replace it, even though I no longer drive it. I have it for when I need it, and insurance is dirt cheap on it. Once I find a car I like, I hang on to it for a very long time. I traded a 2001 F150 in on it that i got upside down on due to having a used car that I was upside down on, but the dealer made me a good deal which worked out well for both of us, and that was the last time I bought used.
#15322 of 20193 Re: The cliche quandary [thepieguy]
Jul 24, 2010 (10:09 am)
It is interesting how the Edmunds 5-year TCO on the 2007 Fusions is only 3K or so less than the 2010s. It certainly isn't in line with the $6-8K one seemingly saves on the initial purchase of used vs. new. A lot of that benefit evaporates on maintenance costs.
#15323 of 20193 Re: The cliche quandary [acdii]
Jul 24, 2010 (11:04 am)
I have tried to decide between the 2010 SEL and the Sport. I like the more powerful engine. The low profile tires will not be known for their long term wear, if I am guessing right. What about the suspension? Is it really stiff or does it absorb the bumps? The SEL is really smooth, but I have not driven the Sport.
#15324 of 20193 Re: The cliche quandary [chinorth]
Jul 24, 2010 (5:37 pm)
Have you read about Accords V6 VCM vibrations? Some people don't notice, some pull their hair out. Also there were some complaints about sloshing noises from the gas tanks.
The Fusion, on the other hand, has some cases of gurgling noise in the heater core, but I think it's pretty rare. At least that's the feeling I get. There's no way I know of to get the numbers.
Also, looks are of course, a personal opinion, but to me, the front of the Fusion and Accord look great, but in the back, the Accord looks a bit too swelled up in the top of the trunk for me.
I wound up with a Fusion SE I4, and have no regrets.
Good luck with your decision.
#15325 of 20193 Re: The cliche quandary [chinorth]
Jul 24, 2010 (6:10 pm)
I'd go with the 2010 Fusion if it were me. I'm not a Ford guy and swore them off after my family had several ford products in the 1980's, but I've had Fusions as rental cars a lot lately and have been very impressed with the car. I actually choose the Fusion now when I rent. I've rented a couple of new Accords, they're OK, but if I were buying it would be the Fusion.
On the new vs. used, I prefer new, but in this case I'd definitely go with the 2010 Fusion, they made a lot of great improvements in the new model and I think you'd be happier with it than the 2007.
#15326 of 20193 Re: The cliche quandary [jpp5862]
Jul 24, 2010 (9:34 pm)
Yeah, new vs used is another thing people can argue about forever. There isn't right or wrong, it's just what you like, because you're the one that has to live with it.
#15327 of 20193 Re: The cliche quandary [temj12]
Jul 25, 2010 (7:16 am)
The tires on the Sport are 18" Goodyear Eagle RS-As, and from what I've seen, typical mileage is anywhere from 40-50K miles before replacement, which is typical for a performance all-season tire. The 17" tires are Michelin, and IMO they won't get much more, although the ride will be smoother than the 18", at the expense of handling.
The Sport suspension is pretty good for me. The SEL suspension was too soft for my tastes, but then again, my tastes tend to the sports car side, so, as with the tires, YMMV.
#15328 of 20193 Re: The cliche quandary [temj12]
Jul 25, 2010 (9:38 am)
The RS-A tires have pretty good wear, but wet weather traction stinks with the 3.5L engine. OTOH my Flex Ecoboost as the same tires, but in 20" size, and with AWD, traction is absolutely fine, not once have I spun a tire. My Sport is FWD, the AWD may have better wet weather traction with the goodyears. I may consider finding a pair of better tires for the front of the Sport, only for better wet traction. Ride and handling are pretty darn good for a family sedan, compared to the Camry I had, the Sport is a Ferrari in turns. Nice smooth ride, firm cornering, overall a nice car. If you decide on the Sport, you will be pretty happy with it.
Go drive a Sport, then drive the SEL, find a road with some twists and compare the two. You will probably not notice too much difference between the two when it comes to road noise, bumps are noticeable, but that is a trade off to get metter handling.
#15329 of 20193 Re: The cliche quandary [mz6greyghost]
Jul 26, 2010 (7:01 am)
The tires on the Sport are 18" Goodyear Eagle RS-As, and from what I've seen, typical mileage is anywhere from 40-50K miles before replacement
I've seen the exact opposite from the RS-A's. I have not really seen many go past 20-25K.
#15330 of 20193 Re: The cliche quandary [aviboy97]
Jul 26, 2010 (4:54 pm)
I had RS-As on my Focus. Got 38k out of them, but I rotated them every 5k and checked air pressure on a regular basis. They were only rated for about 30K.