Last post on May 24, 2013 at 7:58 AM
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
Aug 31, 2010 (8:00 pm)
Those pics of the Optima look gorgeous, apart from the wheels.
I've been car shopping the last few weeks to replace my 2008 Honda Accord EX-L that's going to be coming off lease soon (I should mention that this is the third Honda in a row that I have leased). I went to my local Honda dealer this past weekend to take a look at the 2011 Accords. I managed to dodge the salespeople and stroll to the back of the lot where I found a few, including another EX-L (without navigation).
Looking at that car and the sticker, I notice the differences between this vehicle and mine are:
The grille and rear of the car were redesigned with an ugly stick.
Console buttons were shifted around a bit.
It now has bluetooth.
There's a power passenger seat.
For that, they want a little over $28,000 MSRP including destination. Good luck with that. For that MSRP and destination, I can get a Sonata Limited with a 6 speed transmission (as opposed to Honda's 5), better gas mileage, push button start, a nav system, backup camera, Homelink, turn signals on the mirrors, heated rear seats, rear vents, a bigger trunk, a better sound system, stock fog lights, a more generous warranty, and a car with (to me) superior styling. Plus the same bluetooth capabilities, leather, sunroof, heated front seats, and auto climate control as the Honda. The only thing the Honda gets me that's not in the Sonata is...a power passenger seat. Not that that's bad but, really, I'm willing to sacrifice to get everything else.
Even if you acknowledge that nobody pays MSRP for cars, any difference in bargaining is still not going to be enough to justify choosing the Honda over the Hyundai. Plus, for leasers, Hyundai has higher residuals than Honda right now.
I would not want to be a Honda salesman right now. If you'd asked me a few years ago if I'd ever consider a Hyundai or a Kia, I'd say probably not. Now those two are on my short list for my next car. The value is pretty incredible.
#15472 of 18220 Re: Some Kia Optima updates [acdii]
Sep 01, 2010 (5:10 am)
I saw a Jaguar yesterday and it reminded me of the Kia. Some good news on the wheels, which apparently are very polarizing. I've had people tell me they love those wheels, and others obviously hate em. According to this article you will have a choice on the 18's!
"The 2011 model features dramatic new styling with a sweeping chrome arch, Kia's Tiger front grille design and a choice of four wheel sets, including two 18-inch options."
Hopefully the other option is the ones on this K5:
#15473 of 18220 Re: Some Kia Optima updates [dash5]
Sep 01, 2010 (9:06 am)
Yes! on the wheels. I wish some more solid info was available as to when the Optimas will arrive dealerships as well as the date of the turbo introduction. I wish our government could keep secrets as well as these auto manufacturers.
All the mags and sites say is "this fall" and "later this year". I think they are all just repeating each other and really have no better guess than we do on these forums.
#15474 of 18220 Re: Accord vs Sonata [jliles528]
Sep 01, 2010 (11:19 am)
Plus, for leasers, Hyundai has higher residuals than Honda right now.
I find that shocking. What are they?
#15475 of 18220 Re: Diesel Mazda6 in 2012? [m6user]
Sep 01, 2010 (11:24 am)
I read that article yesterday. That is pretty impressive.
They also tested the new SKY-G 2.0L as well, but in Euro form. The US will get a 2.0L and 2.5L SKY-G and the 2.2L SKY-D.
The 2.0L SKY-G will debut in the 2012 Mazda3 (which I have already seen), and put down about 156hp and get 30mpg city / 39mpg hwy.
I'm guessing in 2012 / 2013 we will see the 2.2L SKY-D and 2.5L SKY-G for the Mazda6. I can't wait!
#15476 of 18220 Re: Accord vs Sonata [aviboy97]
Sep 01, 2010 (12:01 pm)
I saw some residual numbers from ALG that put the '11 Sonata at something like 54% and the Accord at 53% if I recall. Could be off a little but the Sonata came out like 1% higher than the Accord.
#15477 of 18220 Re: Accord vs Sonata [aviboy97]
Sep 01, 2010 (12:34 pm)
Yes it is shocking. Hyundai does have high residual value. I recently traded a 2008 Hyundai Veracruz, and I got what I owed on it, which was roughly $26k. I paid 34k for it, drove it for 2 years, and wind up upside down on the loan. I can truthfully say I was shocked.
#15478 of 18220 Re: Accord vs Sonata [acdii]
Sep 01, 2010 (12:52 pm)
Sometimes it's hard to tell exactly what you got for your trade as they may have given you a little more for it to meet your loan balance and gave you a little less off on the new vehicle. Not saying that's the case though.
Question though, if you got what you owed on your loan, what do you mean that you were "under water on the loan". Usually, that means that you owe more than you recieve for it in trade or sale. Just curious.
#15479 of 18220 Re: Accord vs Sonata [m6user]
Sep 01, 2010 (1:09 pm)
According to Honda's web site, they have an advertised lease on an Accord LX AT for $199/mo with $1,999 down and that is for 36 months / 12,000 miles with a residual value of 58%. MSRP $22,605
On The Sonata, it leases for $199/ mo for 36 months with $2,399 due at signing and has a lower MSRP of $20,915. They do not disclose the buy out on their web site, but, it's obvious the residual is no where near 58%, more like 52% or 53%.
Judging by these lease offers, Honda has a better deal based strictly on numbers.
#15480 of 18220 Re: Accord vs Sonata [acdii]
Sep 01, 2010 (1:12 pm)
I recently traded a 2008 Hyundai Veracruz, and I got what I owed on it, which was roughly $26k.
What trim of Veracruz was it?
2008's are advertised on AutoTrader in my area from $19,000 to $26,000 retail for AWD models. You are saying you got $26K for trade value?