Last post on Jun 27, 2008 at 2:37 PM
You are in the Nissan Altima
What is this discussion about?
Nissan Altima, Hyundai Sonata, Car Comparisons, Car Buying, Sedan
#15 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [jd10013]
Jul 28, 2007 (5:32 am)
Depreciation only affects you if, and when, you sell or trade-in your car. I typically keep my cars for at least a decade, sometimes much longer, so depreciation or resale value is somewhat moot.
Another factor is the delivered price. Last year, I purchased a new 2006 Hyundai Sonata LX V6 (the predecessor trim to the current Limited) for a price of $17,600, plus tax, title, and license. When you pay considerably less than MSRP to begin with, increased depreciation is again somewhat nullified. It's only a matter of time until Hyundai's resale value improves, as they are building excellent products today.
My brother has a 2006 Elantra, and it's never been to the dealer for any warranty work whatsoever. So, the 10 year power train warranty, and 5 year bumper-to-bumper warranty, are just icing on the cake for him. Personally, I really like the looks of the new Altima, but would shy away from the first year of a new generation.
My Hyundai dealer treats me exceptionally well. It's the best experience I've ever had, both from a sales and routine service point of view. And, I've owned Honda, Toyota, Nissan, SAAB, and Volvo cars before with various extremes of dealer experiences.
One other thing - as to the length of warranty offered by a manufacturer. As one who has worked in management for an electronics manufacturer, I can state that the length of a warranty is not determined by how much warranty work is expected or projected over that time period, actually the opposite is true. A manufacturer that offers a long warranty feels that the product is built so well, that the warranty WILL NOT be needed. It's simply used as a marketing tool. If the converse was true, manufacturers who offer long-term warranties would suffer extraordinary expenses and costs which would ultimately bankrupt them.
#16 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [jd10013]
Jul 28, 2007 (6:07 am)
"anytime you buy into a troubled company finacial danger is quite possible."
Financially troubled organizations need to be led by influencial leaders for a successfull turnaround - these involve changes from the leading organization in all aspects of the business. Unless you have a blind organization leading another blind one, i.e. Sears and K-Mart. IHOP and Applebees are shaping up to be the same...
Like Colloquor, I keep my cars at least 10 years after which trade-in value is of insignificant concern. My latest trade-in was my 13 yr old Continental.
The best warranty is one that you never use. The legal liability of a longer warranty like Hyundai's 10 yr warranty is very expensive to the manufacturer - so it has to have high confidence that their product is so reliable that their repair costs over the 10 years is tolerable. Since I keep my cars 10+ yrs, I know that I am covered for the first 10 years.
#17 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [macakava]
Jul 28, 2007 (6:24 am)
these involve changes from the leading organization in all aspects of the business
nissan didn't need changes in all aspects of its business. just the management of it. thats why renault made that change. It's not really a matter of debate, you can look it up. the primary thing Ghosn did when he took over was to layoff, close plants, and fix the dealer network. they don't use the same factories, engineers, design teams, engines or other components. never have, and don't now. with the sole exception of one platform (gblobal B i think its called) that they designed together.
And I'm the same way also, don't trade in cars, unless they are at the end of their life, just to get whatever (usually $500 or less) money I can from the dealership.
But the point remains, if nissan vehicles were half the pile of junk you make them out to be, they wouldn't hold their value like they do, or continue to increase sales and market share like they do. They would be in the same boat that Ford, GM, and mitsu are in now.
#18 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [jd10013]
Jul 28, 2007 (8:14 am)
Management determines the success of any business. Don't matter what is said, responsible/successful management always pokes its head in every aspect of its business, whether it is supply chain/engineering for cost containment, finance, etc.
I am not saying that all Nissan cars are bad. Our 2006 Maxima SL, one of 5 in the family, is holding up very well. Our 2004 Honda Ody just became 3 yrs old and is holding up better and it never needed any warranty service. Good feedback/indicators about vehicle quality and reliability can be had from many sources like CR,C & D, JDP, etc. The last JD Powers rating was Porsche, Lexus, Hyundai, Toyota, Honda in that order. Honda and Toyota have the highest resale value of Japanese cars for those so interested. It took the Japanese 50+ yrs to get to where their quality is today; the Koreans took 25 yrs for similar quality. Toyota and Honda stand on their own feet and are not influenced/rescued from extinction by a bigger/stronger body like Nissan was by Renault. Mazda is in a similar predicament with a Ford rescue - another blind leading the blind...Ford parts(engines) used in Mazda vehicles - USA companies are more aggressive in using common parts for cost containment.
#19 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [macakava]
Jul 28, 2007 (2:39 pm)
Toyota and Honda stand on their own feet and are not influenced/rescued from extinction by a bigger/stronger body like Nissan was by Renault
thats the part you don't seem to get. renault doesn't run, influence, or controol nissan. they run thier own comapany, and its always been that way. that is one of the reasons the renault nissan partnership has been heralded as the best ever in the auto industry. two entirely different companies, two totaly different business cultures, that managed to sucsceed precisly because renault understood those differences and didn't get too involved. what nissan and renualt did is entirely like anything else that had been done before in the automotive business. Its nothing like the ford/mazda arrangement, nothing like the mercedes/chrysler deal, or any other.
#20 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [jd10013]
Jul 28, 2007 (4:36 pm)
But I thought I read in one of the car mags that vehicles such as the new Sentra share the
engine with the Renault Megane(not sure of the
spelling on that one.)
#21 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [maximafan]
Jul 28, 2007 (5:48 pm)
I've been trying to decide on an 07 I4 Altima or an 07 or 08 Sonata V6 and it's been much harder than I thought. I test drove both vehicles. I didn't want the 4 cyl Sonata because I didn't feel it had quite enough power. The I4 Altima seems to be just enough hp and torque to satisfy my needs. The V6 Sonata definately had enough hp and torque. There are pros and cons to each car. Comparably equipped, I can get them both for about the same price. The Sonata has a longer warranty, more standard safety equipment and a little more power but also has lower mpg and higher depreciation. There are other comparision that I have found that make one better then the other that I won't elaborate on now. I am sort of leaning towards the Altima but I am still not convinced it is actually the better car. If anyone else has had the same problem deciding but did end up buying the Altima or Sonata, please explain what was the deciding factor(s).
Folks, looks like this discussion has taken a detour. I would appreciate it if the discussions can relate to my above inquiry. What company bought into what company or how good or bad someone's dealer is (unless it's one in the seacoast NH or southern Maine area), is irrelavent for getting the answers I'm looking for. For those of you who gave your choices and why, thanks. It is useful information.
#22 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [starryknight]
Jul 28, 2007 (6:23 pm)
Starryknight, You said you could get either car comparably equipped for about the same price. Are you comparing MSRP or actual prices available?
I did a quick check here on Edmunds, and damn I forgot the numbers, but the most basic Altima had an invoice in the high $17's, I think. The Altima has a $500 rebate according to Edmunds.
You should be able to buy an '07 Sonata below invoice and then deduct the $2K rebate. As you noted, the Sonata has a better warranty and more safety equipment. Those items are certainly worth something from a pricing point when comparing "comparably equipped" cars.
My 2 man business has an '05 & an '07 Sonata...both 6 cyl and both excellent cars.
Check your prices, there may be more of a difference than you think. Then decide, factoring in all the pro's & con's and price.
#23 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [bhmr59]
Jul 29, 2007 (2:15 am)
I got my 2007 Sonata Limited (all V6 in 2007 )a month ago new with only 3 mls on ODO for $19.6K! Fully loaded with all options except sunroof which I don't need or used in my trade-in - just one less thing to go wrong, i.e. leaks or motor.
Comparably equipped Accords, Camrys, Maximas, or even Altima would be at least $8K more. Not justifiable to me. Since I keep my cars 10+ years, the Sonata's 10 yr warranty is another plus if I need it.
#24 of 48 Re: 07 Altima 4 cyl vs 07/08 Sonata 6 cyl [jd10013]
Jul 29, 2007 (2:25 am)
Let's wrap up this thread quickly.
Sugar daddies (eg Renault) or Johns (eg JuiceMon) do not invest in companies (eg Nissan) or sweeties (eg Sweet Desire) without being concerned about ROI or having their wildest desires fulfilled. You can be assured that they are exerting influence over their subjects.
If they don't, then another sugar daddy or John would take over and get what he wants. These are two companies/ entities of different business cultures.