Re: Looks like the Accord my get my vote
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Re: Looks like the Accord my get my vote
| Josh S | 25 Oct 2007 06:36 |
> > Buying a one year old leased car can be a very good deal. > > My current '95 Chrysler was a one year lease with only 7k miles on it. [quoted text clipped - 6 lines] > say, you have been extremely lucky with it. Crapslers have never had a > reputation for reliability. The LH car Concorde 1995 3.3L 83k miles. Also came as the Intrepid and Vision. My only significant problem has been the air conditioner; a well known problem. Chrysler extended the warranty on it to 7 years and repaired mine 3 times, totally at their expense. Most of the problem was the heat exchanger leaking, they finally were successful as it has now been perfectly OK for 6 years. The 3.3L engine is noted as being rock solid, mine is as new. The transmission has an expected life of about 200k miles before repair, again mine is as new. The body doesn't rust even with my winter driving on salt and gravel to the ski hills and the interior wears very slowly, in fact the always used drivers seat is as new.
The Concorde is a tough car to leave, because I love driving it. The handling is first class, sports car handling hidden in a family sedan. Few cars I have driven come close to it's handling and this with it's original shocks and springs. I don't baby it either. I owned several European and Japanese cars some years ago, so a car with excellent handling is very important to me.
No I'm not lucky with my Concorde's reliability. I have a friend who has his father's 1994 that now has 144k miles, still no significant problems. Another friend with a '96 that is also solid as a rock. The 3.3L engine is still used in the Vans. In a smaller city a few years ago I saw a '96 that was still giving good service as a taxi. I'd love to have seen the mileage on it.
Chrysler did have serious problems with the very advanced auto transmission in the early 90s, the first several years. By about 1994 they got it right and problems since then have probably been people using the incorrect oil and not maintaining it frequently enough. Other manufacturers now have similar automatics and correct maintenance (lubrication & flushing) is also very important for them.
Chrysler has had some problem engines since 1980, but to my knowledge all were designed by foreign manufacturers. Some troublesome Chrysler engines I know about are: -The VW 4 cly in the early FWD Chrysler cars, which had the VW valve seal problem. Chrysler honored the class action lawsuit filed on this problem, before VW did. -The Mitsubishi 4 cyl and V6 which burned significant oil far too soon. -The 2.7L V6, a very high performance engine designed by Mitsubishi, which needs synthetic oil and/or more frequent changes to counter sludge build up. Other manufacturers of recent design high performance engines also have had a sludge problem, one being the Toyota V6.
I'm looking for a slightly smaller, more fuel efficient car in city driving. The 4 cyl Accord meets that objective, but the lack of full sized spare capability kills it for me. The CR-V could meet my needs, but it's too expensive in Canada. See below on the Honda pricing problem.
> Also keep in mind that you will not save anywhere near 23% on a 1-year old > Honda that comes off a lease. I realize that is true now. Hardly worth buying a used one eh.
You reminded me of a friend of mine asking me to help her decide on either a new Honda or Taurus way back in 1993. She preferred the Taurus, but was concerned when the Honda salesman told her that when one year old the Honda would be worth far more than the Taurus. That was very true because a high percentage of Taurus's were being leased for 1 year, flooding the market with 1 year old Taurus's. When she asked my opinion I asked her how long she planned to keep her new car. She said at least "10 years". My answer was "the difference when they are both 10 years old will be very small". She bought the Taurus and is still getting good service out of it, 15 tears later.
I'm in Canada where Honda is "tops" in keeping their Canadian prices in the past, using a very outdated exchange rate. The USA & CDN $s are similar now, actually the CDN$ has moved above the USA$ in the last few weeks, yet Honda is unwilling to lower CDN prices. The CR-V in CDA is a huge 35% above the USA price. A 10% premium over the USA prices would be on target. Many other manufacturers have been lowering their Canadian prices as the USA$ drops, but Honda having a low volume and selling well has been able to rip off Canadians. I can see the Honda sales rate here changing recently, a dealer storage lot near me is almost full with the more expensive Honda models.
CDNs are increasingly buying cars in the USA and I notice this is dropping the price of other vehicles and even some used Hondas faster than previously. I know a CR-V buyer who is going buy in the USA. I understand Honda is acting illegally, according to NAFTA, in stating they won't honor the warranty in Canada for new Hondas bought in the USA. I'm sure eventually they will be forced to by our Government to adjust their CDN prices, then the fast drop in Honda new prices will happen. Used Honda prices will be sure follow this downward price movement; not nice for those who bought too high and trade frequently. I wouldn't buy a Honda now, but would lease if the terms are reasonable.
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| High Tech Misfit | 24 Oct 2007 11:46 |
> Buying a one year old leased car can be a very good deal. > My current '95 Chrysler was a one year lease with only 7k miles on it. > I saved 23% and that one year doesn't affect it's value at 10 yrs. > Absolutely no problems came with it and it's still running strong, but > I'm well beyond my max. 10 yr plan, but not happy with what I see out > there. What model of Crapsler do you have? And how many miles on it? Needless to say, you have been extremely lucky with it. Crapslers have never had a reputation for reliability.
Also keep in mind that you will not save anywhere near 23% on a 1-year old Honda that comes off a lease.
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| Josh S | 24 Oct 2007 04:37 |
> Buying a used car i won't do, I've already done that in the past and after > owning a used Ford Taurus with only 67k miles on it all i can say is never > again to Fords and probably never again to used cars! Buying a one year old leased car can be a very good deal. My current '95 Chrysler was a one year lease with only 7k miles on it. I saved 23% and that one year doesn't affect it's value at 10 yrs. Absolutely no problems came with it and it's still running strong, but I'm well beyond my max. 10 yr plan, but not happy with what I see out there.
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| alfred | 20 Oct 2007 23:20 |
> You're obviously a person who thinks things through carefully and makes > decisions based on objective data-- so why did you lease rather than > purchase your '05? You paid a lot more than you needed to over these past > three years to drive that puppy... The reason I lease is because I like to get a new car every 3 years, because I get bored easily (probably why I'm still single), and I like new things. I don't like to have to fix things when they get old.
Buying a new car (financing) requires 15%-20% down in many cases and paying the sales tax up front and on top of that the payments end up costing alot more.
For instance with a 2008 accord the money down would be about $1,500.00 and the sales tax would be worked into the lease. The payments would cost about $360.00 per month for the 2008 ex auto.
On the other hand if I financed the 2008 accord ex auto for 3 years, I'd have to put down $3750-$5000 dollars down and the sales tax of about $1750 and the monthly payments would still be $600.00 a month! Same insurance and same everything else. Leasing is a no brainer. The only thing is that with a finance you'd have a car worth about $14,000.00 at the end of the finance and with the lease you wouldnt, but thats alot of money to shell out at the begining and during the process.
Buying a used car i won't do, I've already done that in the past and after owning a used Ford Taurus with only 67k miles on it all i can say is never again to Fords and probably never again to used cars!
Al
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| Ira Hayes | 20 Oct 2007 14:10 |
> Well unreliability is not something that I want either. Thats all I > wanted, information about the Jeep, although based on giving this some [quoted text clipped - 13 lines] > 4cyl, probably auto. My lease is up on my 2005 Accord ex in a few months, > so I will be making a desision soon. You're obviously a person who thinks things through carefully and makes decisions based on objective data-- so why did you lease rather than purchase your '05? You paid a lot more than you needed to over these past three years to drive that puppy...
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| alfred | 20 Oct 2007 03:02 |
Well unreliability is not something that I want either. Thats all I wanted, information about the Jeep, although based on giving this some good thought I am thinking more in the Civic and Accord areas. Accord will have good comfort and Civic really good MPG. Still comfort such as what the Accord offers is more important than the MPG since I am only averaging around 160-190 miles per week.
Basically what I am looking for is something which is roomy, comfortable, safe and has decent performance. Snow ability and MPG are not the most important, although good, the comfort and performance out weighs that. Plus I tend to drive like a nut at times, drive fast and take corners fast and stuff like that and I don't think the CRV would meet my handling and speed requirements requirements!
If I had to choose one of the Accords it would probably be the 2008 ex 4cyl, probably auto. My lease is up on my 2005 Accord ex in a few months, so I will be making a desision soon.
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| Greg Campbell | 20 Oct 2007 00:33 |
> Hello, > [quoted text clipped - 21 lines] > Thanks, > Al Damn, those advertising agencies deserve a bonus! They've done a sterling job nurturing your insecurities! If you're THAT worried about driving a 'woman's car' (whatever the hell that means!) then you clearly need a freaking Hummer. Forget Honda altogether!
While performing a self inspection (in search of the 'set' you've been urged to 'grow,') you might reach around and feel your back. There should be something hard and lumpy just under the surface. Unless, of course, those pesky aliens have sucked out your spine spine with that 'anal probe' thingy that gets so much press.
FWIW, I owned a late 80's Cherokee and it was a piece of junk. Whenever something broke and I had to replace/disassemble some bit of hardware, I'd be AMAZED that the POS worked AT ALL.
-Moo
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| alfred | 16 Oct 2007 22:51 |
Hello,
I like the CRV because it has what I am looking for in a car: versatility, comfort, space, safety, comforts and 4WD. To date I am yet to see a guy driving one (especially the new ones) anywhere! I don't really want to be driving a car that is labeled as a womans car. When I went to the dealer I talked to a salesman about my interest in the CRV. The first thing he asked was if I had kids, when I said no, he seemed surprised that I would want the CRV and tried to get me interested in the Pilots. Unfortunately I don't have 30-36k to spend on an suv.
Now I am thinking about the possibility of getting a Jeep Patriot or Jeep Wrangler, just don't know what the reliability is like. I know those are considered more men's cars than the CRV. Its not that this is a big issue, but its a little odd that only women seem to drive them. Same with the RAV4 for that matter.
I'm looking to be in the 19-24k range in the next car so I thought either of the Jeeps would be in this range and offer some kinds of comfort and 4WD ability.
So does anyone know anything about the Jeeps from personal experience?
Thanks, Al
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