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  #1 (permalink)  
Old 03 Aug 2004, 01:53 pm
Fred Smith
 
Posts: n/a
Default Accord versus Taurus Economics

I am thinking about getting a used 2003 Taurus or Accord.
The difference for a roughly equivalent model is around 8,000 cheaper
for the Taurus, maybe even more. The Taurus has a high rate of depreciation
and the Accord low depreciation.

Given that, is there something else that I should consider strictly from an
economic
point of view? I know the Accord will be more reliable, but enough to
eventually account
for the difference in price if I own it for say five years or so with
average mileage?

I realize there are other variables, and that the Accord is just a nicer,
tighter, better made car, and
some of this is a matter of personal taste, but I'm wondering if I can make
an business case for
the Honda Accord. I would have to do this to convince my wife to spend the
extra money. : )

Fred



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  #2 (permalink)  
Old 03 Aug 2004, 02:39 pm
Bob S.
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Don't do it, I had a Taurus once and I had every kind of problems, that I
decided to sell it a few months later. And of course, it put me upside down.
I am glad I got rid of that P.O.S.
Never again, I can tell you that.

"Fred Smith" <fred@freddy.com> wrote in message
news:410fdf31.0@news.syr.edu...
: I am thinking about getting a used 2003 Taurus or Accord.
: The difference for a roughly equivalent model is around 8,000 cheaper
: for the Taurus, maybe even more. The Taurus has a high rate of
depreciation
: and the Accord low depreciation.
:
: Given that, is there something else that I should consider strictly from
an
: economic
: point of view? I know the Accord will be more reliable, but enough to
: eventually account
: for the difference in price if I own it for say five years or so with
: average mileage?
:
: I realize there are other variables, and that the Accord is just a nicer,
: tighter, better made car, and
: some of this is a matter of personal taste, but I'm wondering if I can
make
: an business case for
: the Honda Accord. I would have to do this to convince my wife to spend the
: extra money. : )
:
: Fred
:
:
:


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  #3 (permalink)  
Old 03 Aug 2004, 02:46 pm
Eric
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Fred Smith wrote:
>
> but I'm wondering if I can make an business case for the Honda Accord. I
> would have to do this to convince my wife to spend the extra money. : )


With the Accord, you won't have to buy a new car after 5 years. That alone
should save you enough money to justify it's price. If given regular basic
maintenance, the Accord should last you 10-15 years or more.

Eric
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  #4 (permalink)  
Old 03 Aug 2004, 02:52 pm
Bob S.
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Remember something else, this is a Honda group. I am sure you'll get
different answers at a Ford group.

"Fred Smith" <fred@freddy.com> wrote in message
news:410fdf31.0@news.syr.edu...
: I am thinking about getting a used 2003 Taurus or Accord.
: The difference for a roughly equivalent model is around 8,000 cheaper
: for the Taurus, maybe even more. The Taurus has a high rate of
depreciation
: and the Accord low depreciation.
:
: Given that, is there something else that I should consider strictly from
an
: economic
: point of view? I know the Accord will be more reliable, but enough to
: eventually account
: for the difference in price if I own it for say five years or so with
: average mileage?
:
: I realize there are other variables, and that the Accord is just a nicer,
: tighter, better made car, and
: some of this is a matter of personal taste, but I'm wondering if I can
make
: an business case for
: the Honda Accord. I would have to do this to convince my wife to spend the
: extra money. : )
:
: Fred
:
:
:


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  #5 (permalink)  
Old 03 Aug 2004, 02:53 pm
motsco_ _
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Fred Smith wrote:
> I am thinking about getting a used 2003 Taurus or Accord.
> The difference for a roughly equivalent model is around 8,000 cheaper
> for the Taurus, maybe even more. The Taurus has a high rate of depreciation
> and the Accord low depreciation.
>
> Given that, is there something else that I should consider strictly from an
> economic
> point of view? I know the Accord will be more reliable, but enough to
> eventually account
> for the difference in price if I own it for say five years or so with
> average mileage?
>
> I realize there are other variables, and that the Accord is just a nicer,
> tighter, better made car, and
> some of this is a matter of personal taste, but I'm wondering if I can make
> an business case for
> the Honda Accord. I would have to do this to convince my wife to spend the
> extra money. : )
>
> Fred




> ======================


The RESALE VALUE graph for an Accord eventually levels out after a few
years, so you'll always get a fair buck back out of it. The graph for a
Taurus continues to drop and reaches close to ZERO. At least that's what
the Auto Trader prices seem to show. :-)

'Curly'

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  #6 (permalink)  
Old 03 Aug 2004, 03:02 pm
Artfulcodger
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Fred Smith wrote:
> I am thinking about getting a used 2003 Taurus or Accord.
> The difference for a roughly equivalent model is around 8,000 cheaper
> for the Taurus, maybe even more. The Taurus has a high rate of
> depreciation and the Accord low depreciation.
>
> Given that, is there something else that I should consider strictly
> from an economic
> point of view? I know the Accord will be more reliable, but enough to
> eventually account
> for the difference in price if I own it for say five years or so with
> average mileage?
>
> I realize there are other variables, and that the Accord is just a
> nicer, tighter, better made car, and
> some of this is a matter of personal taste, but I'm wondering if I
> can make an business case for
> the Honda Accord. I would have to do this to convince my wife to
> spend the extra money. : )
>
> Fred


The Accord naturally is your car of choice, however dealing with a wife you
may find yourself behind the wheel of a Taurus and completely redecorated
home.
Mike


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  #7 (permalink)  
Old 03 Aug 2004, 03:03 pm
Artfulcodger
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Fred Smith wrote:
> I am thinking about getting a used 2003 Taurus or Accord.
> The difference for a roughly equivalent model is around 8,000 cheaper
> for the Taurus, maybe even more. The Taurus has a high rate of
> depreciation and the Accord low depreciation.
>
> Given that, is there something else that I should consider strictly
> from an economic
> point of view? I know the Accord will be more reliable, but enough to
> eventually account
> for the difference in price if I own it for say five years or so with
> average mileage?
>
> I realize there are other variables, and that the Accord is just a
> nicer, tighter, better made car, and
> some of this is a matter of personal taste, but I'm wondering if I
> can make an business case for
> the Honda Accord. I would have to do this to convince my wife to
> spend the extra money. : )
>
> Fred


Besides which you can get a taupe Taurus and it blends so well with the new
roof and trim paint on the house.
Mike


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  #8 (permalink)  
Old 03 Aug 2004, 03:42 pm
Larry
 
Posts: n/a
Default Re: Accord versus Taurus Economics

That's a pretty accurate statement.....I fetched $220 at the junkyard for my
89 Taurus Wagon a few years back that had 185,000 miles and was pretty well
shot. They gave me more than a sedan, because they needed wagons. If it
has still been in decent running condition, it would have been worth $1,000
tops, even though it was in good physical shape. Older comparable Hondas
still fetch $2500.

"motsco_ _" <"motsco_ _"@interbaun.com> wrote in message
news:410FED42.6080608@interbaun.com...
> Fred Smith wrote:
> > I am thinking about getting a used 2003 Taurus or Accord.
> > The difference for a roughly equivalent model is around 8,000 cheaper
> > for the Taurus, maybe even more. The Taurus has a high rate of

depreciation
> > and the Accord low depreciation.
> >
> > Given that, is there something else that I should consider strictly from

an
> > economic
> > point of view? I know the Accord will be more reliable, but enough to
> > eventually account
> > for the difference in price if I own it for say five years or so with
> > average mileage?
> >
> > I realize there are other variables, and that the Accord is just a

nicer,
> > tighter, better made car, and
> > some of this is a matter of personal taste, but I'm wondering if I can

make
> > an business case for
> > the Honda Accord. I would have to do this to convince my wife to spend

the
> > extra money. : )
> >
> > Fred

>
>
>
> > ======================

>
> The RESALE VALUE graph for an Accord eventually levels out after a few
> years, so you'll always get a fair buck back out of it. The graph for a
> Taurus continues to drop and reaches close to ZERO. At least that's what
> the Auto Trader prices seem to show. :-)
>
> 'Curly'
>



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  #9 (permalink)  
Old 03 Aug 2004, 04:11 pm
bearman
 
Posts: n/a
Default Re: Accord versus Taurus Economics


"Fred Smith" <fred@freddy.com> wrote in message
news:410fdf31.0@news.syr.edu...
> I am thinking about getting a used 2003 Taurus or Accord.
> The difference for a roughly equivalent model is around 8,000 cheaper
> for the Taurus, maybe even more. The Taurus has a high rate of

depreciation
> and the Accord low depreciation.
>
> Given that, is there something else that I should consider strictly from

an
> economic
> point of view? I know the Accord will be more reliable, but enough to
> eventually account
> for the difference in price if I own it for say five years or so with
> average mileage?
>
> I realize there are other variables, and that the Accord is just a nicer,
> tighter, better made car, and
> some of this is a matter of personal taste, but I'm wondering if I can

make
> an business case for
> the Honda Accord. I would have to do this to convince my wife to spend the
> extra money. : )
>
> Fred
>
>
>


Get a copy of Consumer Reports annual guide where it lists vehicle Frequency
of Repair. Compare Accord with Taurus. Make you decision.

Bearman


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  #10 (permalink)  
Old 03 Aug 2004, 06:18 pm
Ted
 
Posts: n/a
Default Re: Accord versus Taurus Economics

Just my opnion:

Before I bought the Accord, I thought I will love it. However, I found my
Accord with Automatic Transmission (96 year model) does not shift as smooth
as the Corolla that I have. The ride is not as comfortable as Toyota either.

I will never buy another Honda.

"Bob S." <bsnoma@msn.com> wrote in message
news:qRRPc.14272$_25.2175@fe2.texas.rr.com...
> Don't do it, I had a Taurus once and I had every kind of problems, that I
> decided to sell it a few months later. And of course, it put me upside

down.
> I am glad I got rid of that P.O.S.
> Never again, I can tell you that.
>
> "Fred Smith" <fred@freddy.com> wrote in message
> news:410fdf31.0@news.syr.edu...
> : I am thinking about getting a used 2003 Taurus or Accord.
> : The difference for a roughly equivalent model is around 8,000 cheaper
> : for the Taurus, maybe even more. The Taurus has a high rate of
> depreciation
> : and the Accord low depreciation.
> :
> : Given that, is there something else that I should consider strictly from
> an
> : economic
> : point of view? I know the Accord will be more reliable, but enough to
> : eventually account
> : for the difference in price if I own it for say five years or so with
> : average mileage?
> :
> : I realize there are other variables, and that the Accord is just a

nicer,
> : tighter, better made car, and
> : some of this is a matter of personal taste, but I'm wondering if I can
> make
> : an business case for
> : the Honda Accord. I would have to do this to convince my wife to spend

the
> : extra money. : )
> :
> : Fred
> :
> :
> :
>
>



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