Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Sedans Midsize Sedans 2.0
10737 messages, Last post on Aug 31, 2008 at 4:36 PM
You are in the Sedans Forum. Your Hosts are pat & karens
|
Re-sale is an overated number both ways. I have two cars on opposite ends of the resale spectrum---a 2007 Camry Hybrid, and a 2004 Chevy Malibu Maxx. Obviously, I paid more for the Camry, and got less of a discount off of MSRP. However, if I were to trade it in tomorrow, I'd make out very well as a percentage of what I paid. I just had the Malibu Maxx assessed at CarMax. I was offered $9500 for it. Pretty bleak for a car with a $23150 MSRP, right? Well, no, actually. The MSRP was $23150, but I paid $16900 for it. And that was before my GM card discount which took another $1000 off. 56% of value for a car that is now 39 months old is not bad. In current terms, I imagine Sonata's have lousy resale, but I'm also seeing them at huge discounts off MSRP...so if you buy one, you know you aren't going to get as much...but you didn't pay as much. But if you want to buy what I, at least, perceive to be a higher quality car, like an Accord or Camry, you shouldn't be dissauded because of the higher price because you know you'll get more for it. It is what it is. |
|
|
|
|
Replying to: mfletou1 (Sep 15, 2007 9:55 pm) And if you sold it on your own, you would perhaps get more...maybe 60-65%. BTW, it looks like CarMax is selling those for $13-15,000. So much for the the supposed big saving for buying used. Can't imagine who would pay that much for a used '04, if a new one can be had for $17,000.
|
|
|
Replying to: master_ryu (Sep 15, 2007 4:49 pm) Old MIke
|
|
|
|
|
Replying to: mf15 (Sep 16, 2007 5:25 am)
|
|
|
|
|
Replying to: lilengineerboy (Sep 16, 2007 6:28 am)  Edit: Yep, there it is...intellichoice: Total 5-Yr. Ownership Cost $40,772 for TL and $38,317 for Fusion...I don't believe these figures for a minute, myself. |
|
|
Replying to: jeffyscott (Sep 16, 2007 5:04 am)
|
|
|
|
|
Replying to: m6user (Sep 16, 2007 7:21 am) |
|
|
Replying to: mfletou1 (Sep 15, 2007 9:55 pm) If someone likes a car like an Accord or Camry better than the alternatives, that's what they should buy, and they will probably enjoy owning it. But they should do so not counting on saving money at re-sale time compared to lower-priced alternatives like the Malibu et. al.
|
|
|
Replying to: stlpike07 (Sep 15, 2007 6:43 pm) The rear windows in our 2007 AWD SEL Ford Fusion do not go all the way down. It bugs me. |
|
|
Replying to: urnews (Sep 16, 2007 7:33 am)
|
|
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Hyundai Sonata
2009 Toyota Camry
2009 Honda Accord
2009 Nissan Altima
2009 Volkswagen Passat
2009 Mazda MAZDA6
2009 Ford Fusion
2009 Chevrolet Malibu
2009 Saturn Aura
Browse by Board
Browse by Topic
Today's Chats
