Last post on May 25, 2013 at 7:54 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
#312 of 18228 Re: sales of midsize sedans in March [elroy5]
Apr 22, 2007 (6:34 pm)
Let me clarify what I said earlier: these incentives and deals on the Accord didn't just start appearing in the past few months, on 5-year-old Accords (design-wise). They have been around for about 2 years. Coinciding with the arrival of the '06 Sonata, the first truly competitive mid-sized offering from Hyundai. I don't think it was a coincidence.
It will be interesting to see what happens if Honda drops incentives on the 2008 Accords and dealers try to sell them at or near MSRP, especially if MSRP goes up. Then it will be back to a $5000-6000+ difference between the Sonata/Optima and the Accord, if Hyundai/Kia maintain current levels of incentives.
#313 of 18228 Re: sales of midsize sedans in March [backy]
Apr 22, 2007 (6:53 pm)
I suppose it won't matter as the Accord, will sell like hot cakes. I wouldn't be the least surprise if the Accord is the #1 car sold in America, in 2008.
#314 of 18228 Re: Sales numbers [jimmy81]
Apr 22, 2007 (7:05 pm)
Why take a chance on a Ford (weak reputation) or a Hyundai (unproven to the masses) when you can just buy an Accord and rest easy?
In the case of the Sonata two reasons immediately come to mind; price and warranty. Then there's the 5 year roadside service and features of each car.
We just bought an '07 Sonata SE w/XM for $3357 LESS than Edmund's TMV. What is the street price of a comparable ACCORD?
We may be looking at a real price difference of $5,000 or more right now. If the comparable Honda is the LX V-6, Edmunds says the TMV is $24,282 and there is a $750 to dealer incentive. If 100% of the incentive is granted to the consumer, the TMV price would be $23,532.
If I compare our actual Sonata purchase price to the TMV for the Accord, I'm looking at a savings of $6481 for the Sonata. Are Accords selling below TMV? If so, by how much?
#315 of 18228 Re: sales of midsize sedans in March [backy]
Apr 22, 2007 (7:17 pm)
I don't think Sonata/Optima are likely to ever steal sales from Accord. They are much more likely to steal sales from cars with less loyal buyers (Galant, Malibu, Fusion, Sebring). To think that the 06 Sonata affected Accord incentives, is exaggeration, if not fantasy.
#316 of 18228 Re: Can you guys pass me some of that Honda, Kool-Aid ? [rockylee]
Apr 22, 2007 (7:53 pm)
Just looking at your subject line...
...thanks for not going the personal route .
#318 of 18228 Re: sales of midsize sedans in March [rockylee]
Apr 22, 2007 (8:12 pm)
That wouldn't surprise me, either. Few things do these days. However, the mid-sized market is a different than it was in the fall of 2002, when the current Accord design debuted. Back then, you had the Camry, Altima, and then-new Mazda6 as clear-cut front-runners in the class. The competition is much stiffer now, with new-for-2007 Camry and Altima still there; the Aura, Fusion, Legacy, and Milan; the Sonata and Optima; the Passat; and all-new Mazda6 and Malibu due for 2008. So if Honda tries pricing the Accord too high, there are lots of good alternatives for price-conscious buyers.
#319 of 18228 Re: Can you guys pass me some of that Honda, Kool-Aid ? [thegraduate]
Apr 22, 2007 (8:16 pm)
I try not to get personal. I deal with that way too much and I have many wounds to prove it.
The 08' Accord, I think will indeed be a nice car. I like the pics I see as it finally has character. I being a former Acura TL, owner (a mistake) did like the product very much but hated the service. I however do think a SH-AWD Acura TL, would be a hit. It will need enough power to overcome the AWD problem if they aren't going to make it a RWD car. I think it would be more popular as a SH-AWD car anyways but it's going to have to come in with plenty of power and have the "gadgetology" to once again become a class leader. We will see.....This fall the best mid-size automobile even though I's perfer the Holden grill is the RWD Pontiac G8. If they make a HSV version of this car like they do in Australia, their isn't another non-lux car out on the market that will touch it's handling and power. It's basically a street legal race car in HSV trim. I however won't expect to see a HSV for a year or two. Acura, right now has the best chance to meet the G8's power. They better not under estimate the G8's impact on their own sales. I still think Acura, would be best to Twin-Turbo their V6 to make the power. Like I said we will see as more and more sporty and luxury cars hit this segment. The new Mazda6 and Mazdaspeed 6 is coming. Of course we have the Spec. B Subie. The RWD Impala in 2009. How bout the 2010 Buick Velite Sedan ? I'm just saying it's going to be a crowded field as more and more offerings hit the midsize segment.
#320 of 18228 Re: sales of midsize sedans in March [backy]
Apr 22, 2007 (8:18 pm)
backy, couldn't agree with you more. I as I said in my last e-mail can't believe how crowded this field will get. I guess I should of left out the 09' RWD Impala, as I forgot it will be considered a large car then. The malibu, will take the current Impala's place.
#321 of 18228 Re: sales of midsize sedans in March [backy]
Apr 22, 2007 (9:37 pm)
these incentives and deals on the Accord didn't just start appearing in the past few months, on 5-year-old Accords (design-wise). They have been around for about 2 years.
Not according to Edmunds and other sources. There was no dealer incentive when I bought my Accord in March of 06. They started soon after, however,