smk4565
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Everything posted by smk4565
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There are probably 2015 Regals out there for under $14k, but I didn't look. I still like a Subaru in this scenario, but I think an all wheel drive car makes more sense than a crossover, unless you really need a crossover. Because something like a 2015 Regal will cost less than a 2013 SUV to buy, and cost less to put gas in.
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I guess GM should stop selling Escalades, CTS-Vs, and CT6's since they will just depreciate $50,000+ in 5 years. Maybe companies should stop selling luxury cars all together.
- 44 replies
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But the person buying an S-class new doesn't care. You have CEO's and pro athletes and lawyers buying them that don't care about $60k.
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That is a pretty good deal considering it is a Sport model and is more of an up level trim it looks like. Not sure if it is better than a 2015 Fusion Titanium for $5,000 less, maybe it is practically new and 40% off msrp
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S-class as a percentage should hold value better than a Pacifica. Large sedans in general lose value fast though, minivans can do better since there are only a few to choose from and there are families that can't afford a new one. If all 38 or so brands were listed in resale value I imagine FCA would have at least 5 of the bottom 10.
- 44 replies
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Porsche holds value like crazy, they are an exception to the high dollar cars holding value. People buy cars now mostly because they have to, and there is a desire to have the best or out do your neighbor or buy a fun or exciting car. There will still be people that buy a Corvette because they want a sports car. But for people that are just buying commuter cars, the drones will probably be way cheaper. Why sit in traffic when a vertical takeoff drone can take you to where you want to go in half the time.
- 44 replies
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Wranglers hold value, maybe Grand Cherokees, I think Compasses and Renegages will drop faster, but the Jeep brand has appeal so it keeps resale doing fairly well. Any expensive car drops in value, unless it is a collectable, because the super rich get a new one every 2 years and the other 99% can't afford those cars. But I think cost of car ownership is a big reason why these flying drones and self driving cars will replace about half the cars on the road in 15 years. People will just quit buying cars because there will be a cheaper, faster way to get around.
- 44 replies
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Either way, the Pacifica will probably tank in value just like every other FCA product. So pay $47k now, and in 3 years time, over half that will be gone. There are 2017 Pacifica Touring-L's on Auto trader right now for $24-25,000 and the MSRP new without options is $34,495. That is $10,000 lost in 1 year, so I don't think it crazy for me to think a Hybrid will drop down to $20k in 3 years.
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So don't buy a Honda from that era. Regardless, Odyessy's have good resale value, while Chrysler products do not.
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Any car, especially used car is a bit of a crap shoot when it comes to reliability. There are a thousand variables that could make one Chevy Malibu run for 200k miles with no problems, and another Chevy Malibu to have half the parts replaced at 100k miles. You have to look at overall averages, but buying a used car just because you assume it is the most reliable car is a bad idea, because you never know. So you have to buy the car that best suits your needs. Like in this case, if small, AWD crossover is what is needed, then you pick the best model in that segment that fits your needs.
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Well there is an example of an Odyssey with 246k miles and still running strong. I am not a Honda fan, but there are a lot of high milage Hondas out there, so they must do something right.
- 44 replies
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What is the price limit here? Like OldsHurst says, there are ATS out there and gen 2 CTS AWD out there, but an ATS is probably expensive and Cadillac and Buick have an old person vibe. Insurance rates could be a factor too on some cars. Certain cars seem to get clobbered on insurance rates, like any 2 door, some turbos, probably Wranglers, etc, where as a Buick or MKZ might have low insurance rates.
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The transmission started slipping around 200k miles, I don't think he ever really had it fixed because at that point, why bother. He is a painter so he commonly carries 1,000 lbs of weight in his van, and does a lot of city driving too, so they are hard miles that he puts on. I don't think he ever had a ball joint problem, I did replace 2 ball joints on my Mercedes, but that was $480, not the end of the world for a 95,000 mile car, and that is the only suspension related repair as of yet. Yes it is one situation and anecdotal, but look at the used car market, and there are a lot of 200,000 mile Hondas and Toyotas selling with some value. I know 2 people that had an Acura CL, they got about 150-70k miles out of them before the transmission and mechanical issues really started to surface and then they dumped the car.
- 44 replies
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Any FCA product will be unreliable, the Renegade is rather new if looking for a used car deal and they are made in Italy, with profits going to Italy. Jeep is one of the most unreliable cars brands out there along with Land Rover and Fiat, some years Jeep ranks worse than those 2 so I would pass on those. "CPO, small, efficient, AWD" fits Subaru to a T. A 2011-2012 Lincoln MKZ with under 50k miles can be had for under $15,000. Fusions are even less, I found a 2015 Fusion AWD Titanium with 48k miles for $14,793
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My dad had a 2001 Odyssey that he put 224,000 miles on, and had fewer repairs and less money spent on that than he did on his 07 Hyundai Entourage or his 2011 Dodge Caravan that he has now. The Caravan has by far been the least reliable and it only has 70,000 miles on it. The Odessy had less repairs over 7 years than he has spent in just the past 1 year on the Caravan actually. And a trip to auto trader or any car dealership shows Toyotas and Hondas with high resale value, and FCA products on deep discounts. Even if the Pacifica is a much better vehicle, it is style a Chrysler which in the minds of most people = unreliable.
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Ding, Ding, Ding, we have a winner. My first thought was Subaru and I was surprised I read all the comments until now before it came up. Used Subarus aren't too expensive, they run forever, get like 30 mpg, made in the USA, and aren't large either, have AWD and just enough power to not be slow, but not enough to be driving reckless. I think around 2013 or 24 the Eyesight system got added on some of the top trim cars so they have lane departure warning, emergency braking, etc. A used Legacy sedan would be the top of my list, or Impreza if the price point had to be lower, and no WRX or STi, those are just over boosted and will be unreliable, the 2.5 boxer 4 is tried and true.
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Hyundai News:Hyundai Spills the Beans on 2018 Accent for U.S.
smk4565 replied to William Maley's topic in Hyundai
Looks like an Audi A3 almost, because Hyundai only has copy cat styling and nothing original. Which is a shame because I think they and Kia have some decent cars. I tend to like the interiors of Hyundai's and Kias, they have good room and simple straight forward layouts. -
Regardless of what reviews say, a 5 year old Odyssey or Sienna will still sell for $20k, because it says Honda or Toyota on the front, and people know it will be reliable. Maybe not 2 years, but give the Pacifica 3 years and they will be under $20k. Chrysler resale value is abysmal. There are currently 2015 Town and Country Touring's for $20k on auto trader, those both had a base of $32k.
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The electric range and fuel economy numbers are really impressive, but $47k for a Chrysler minivan is a lot, especially when after 2 years these will probably sell for $20k or less on the used market. Chrysler's depreciate like crazy.
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Industry News: Dyson Plans An Electric Vehicle
smk4565 replied to William Maley's topic in Industry News
Auto making as an industry doesn't have good margins. Probably among the worst of all industries.- 31 replies
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Tesla Model 3 Lacks FM Radio and Bluetooth Streaming
smk4565 replied to William Maley's topic in Tesla
Radio and Bluetooth should be there from the start. I don't like touch screen controls for routine functions like volume, temperature, windshield wipers, lights etc. The center speedometer alone would prevent me from buying the car.- 21 replies
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Only way it could get built is if the electric architecture is really scalable and the battery and motor placement allow for just about any body shape imaginable to sit on top of it. But it could be 2025 before things get to that point, Mercedes wants to do an AMG hypercar that is electric around 2025, I suppose they could use the same powertrain on a big convertible. I still doubt they make anything like this or the coupe. Bu you never know, they made the Maybach Landaulet.
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Industry News: Dyson Plans An Electric Vehicle
smk4565 replied to William Maley's topic in Industry News
It takes a car company with existing products about $1 billion to develop a new car, sometimes more. These guys want to go from scratch, that is multi-billion investment. I'll believe it when I see it.- 31 replies
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Genesis News: Hyundai Exec Says Luxury Brands Focus Way Too Much On Tech
smk4565 replied to William Maley's topic in Genesis
I have driven the 2010 Hyundai Genesis V8, it was my 2nd choice actually when I was car shopping 4-5 years ago. For a sort of full size car it had pretty good ride/handling, the V8 moved it pretty easily, not a sports car in any way, but a nice daily driver. No where near as good as an E-class though, which is why I bought an E-class. I have sat in the G90, there is a lot of low rent materials in that car, and the stuff they used to try to make it look expensive is just bling and chrome, that doesn't really make it luxurious, just flashy. I would say the G90 is about on par with a Continental or maybe CT6 at most. It falls short of any other full size luxury sedan. So if the interior isn't up to par, why even test drive it, especially when the specs show their V8 isn't up to par either. Their optional engine makes 383 lb-ft of torque, less than a base model 2007 S-class. Not good when your top engine is 10 years behind the competitor's base engine. Then Beirmann should not compare his car to an S-class. Compare to Lincoln or Acura, or Infiniti, go after them. -
Industry News: Dyson Plans An Electric Vehicle
smk4565 replied to William Maley's topic in Industry News
This won't work. It takes a lot to build a car between wind tunnel, head on crash, off set crash, rear impact crash, side impact crash, roll over crash, and pedestrian impact. Right there is a ton of R&D just to get it to pass regulations. Before you ever get to motors, battery, design, interior, suspension settings, steering feel, etc. Then even if you make the car, you have to market and distribute it, service it, need a dealer network and so on. Automobile industry has huge barriers to entry. And even if they did pull it off, it would cost 3 times the competitors product.- 31 replies
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