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  #1 (permalink)  
Old 30 May 2010, 06:29 pm
Al
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Default Differences between a 2010 Civic and Elantra

Hello,

Right now I have a 2008 Accord EXL and I am thinking of downsizing my
lease for the up coming one. I'm going to be re-structuring my
investing outlook and need to re-think my finances. I thinking of
either a later model 2010 or 2011 Honda Civic or Hyundai Elantra.

The Civic EX is about 21,800 and the comparably equipped Hyundai
Elantra SE with premium package is 18,200. Has anyone had any
experience with the Hyundai as far as how it runs (good or bad) and
reliability, controls, ride, handling etc compared to the Civic? 3,600
is a pretty big difference in price.

Just to throw some figures out there, I called my Honda dealer and was
given a monthly lease quote of 342.00 for a 2010 Civic EX with 1200.00
down 3 year 36k mi. I also contacted Hyundai about an Elantra GLS with
2000.00 down. Hyundai's lease for 2 year 24k mi was 159.00 a month. So
I'm sure if I dropped the down payment to 1200 on the Hyundai it would
be about 179.00 a month. Still quite a bargain, but only if the car is
close to the Civic in how it drives.

Any thoughts?

Thanks,
Al

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  #2 (permalink)  
Old 30 May 2010, 07:14 pm
Elmo P. Shagnasty
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Default Re: Differences between a 2010 Civic and Elantra

In article
<3304714d-5ddc-4080-9368-6d38e9007a7d@m21g2000vbr.googlegroups.com>,
Al <beretta66x@gmail.com> wrote:

> Right now I have a 2008 Accord EXL and I am thinking of downsizing my
> lease for the up coming one. I'm going to be re-structuring my
> investing outlook and need to re-think my finances. I thinking of
> either a later model 2010 or 2011 Honda Civic or Hyundai Elantra.


How about don't lease a car--but instead buy a nice 2 year old used one,
pay cash, and keep it?

Otherwise, the "re-structuring of your investing outlook" will be
nothing more than rearranging deck chairs on the Titanic.
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  #3 (permalink)  
Old 30 May 2010, 08:07 pm
Al
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

On May 30, 8:14*pm, "Elmo P. Shagnasty" <el...@nastydesigns.com>
wrote:
> In article
> <3304714d-5ddc-4080-9368-6d38e9007...@m21g2000vbr.googlegroups.com>,
>
> *Al <beretta...@gmail.com> wrote:
> > Right now I have a 2008 Accord EXL and I am thinking of downsizing my
> > lease for the up coming one. I'm going to be re-structuring my
> > investing outlook and need to re-think my finances. I thinking of
> > either a later model 2010 or 2011 Honda Civic or Hyundai Elantra.

>
> How about don't lease a car--but instead buy a nice 2 year old used one,
> pay cash, and keep it?
>
> Otherwise, the "re-structuring of your investing outlook" will be
> nothing more than rearranging deck chairs on the Titanic.


Who can afford to buy a 2 year old car in cash? That's a bad
investment, you'd have to deplete a lot of funds in your investments
to do that and the market is coming up. Drawing the money prior to
recovery is a bad thought.
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  #4 (permalink)  
Old 30 May 2010, 09:58 pm
zzznot
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

"Al" <beretta66x@gmail.com> wrote in message
news:3304714d-5ddc-4080-9368-6d38e9007a7d@m21g2000vbr.googlegroups.com...
> Hello,
>
> Right now I have a 2008 Accord EXL and I am thinking of downsizing my
> lease for the up coming one. I'm going to be re-structuring my
> investing outlook and need to re-think my finances. I thinking of
> either a later model 2010 or 2011 Honda Civic or Hyundai Elantra.
>
> The Civic EX is about 21,800 and the comparably equipped Hyundai
> Elantra SE with premium package is 18,200. Has anyone had any
> experience with the Hyundai as far as how it runs (good or bad) and
> reliability, controls, ride, handling etc compared to the Civic? 3,600
> is a pretty big difference in price.
>
> Just to throw some figures out there, I called my Honda dealer and was
> given a monthly lease quote of 342.00 for a 2010 Civic EX with 1200.00
> down 3 year 36k mi. I also contacted Hyundai about an Elantra GLS with
> 2000.00 down. Hyundai's lease for 2 year 24k mi was 159.00 a month. So
> I'm sure if I dropped the down payment to 1200 on the Hyundai it would
> be about 179.00 a month. Still quite a bargain, but only if the car is
> close to the Civic in how it drives.
>
> Any thoughts?


Sounds high.

I'm paying only $300.00 for a 2010 Accord EX, including $10/month for
Hondacare. That's USA, you in Canada or anything?

Be sure to use the Honda site or Edmunds.com or something to solicit quotes
from several vendors in the area.

J.


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  #5 (permalink)  
Old 30 May 2010, 10:32 pm
Elmo P. Shagnasty
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

In article
<d43036d0-62b6-403a-8b8b-3e010312e301@t26g2000prt.googlegroups.com>,
Al <beretta66x@gmail.com> wrote:

> > How about don't lease a car--but instead buy a nice 2 year old used one,
> > pay cash, and keep it?
> >
> > Otherwise, the "re-structuring of your investing outlook" will be
> > nothing more than rearranging deck chairs on the Titanic.

>
> Who can afford to buy a 2 year old car in cash?


OK, so finance it--and then keep it.

And squirrel away those lease payments you've been paying.

After not too long, you'll realize you can buy that Acura you've always
wanted, and pay cash for it.



> That's a bad
> investment, you'd have to deplete a lot of funds in your investments
> to do that and the market is coming up. Drawing the money prior to
> recovery is a bad thought.


A car is never an investment, no matter how you structure things. It's
an expense, pure and simple.
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  #6 (permalink)  
Old 30 May 2010, 11:03 pm
Grumpy AuContraire
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

Elmo P. Shagnasty wrote:
> In article
> <d43036d0-62b6-403a-8b8b-3e010312e301@t26g2000prt.googlegroups.com>,
> Al <beretta66x@gmail.com> wrote:
>
>>> How about don't lease a car--but instead buy a nice 2 year old used one,
>>> pay cash, and keep it?
>>>
>>> Otherwise, the "re-structuring of your investing outlook" will be
>>> nothing more than rearranging deck chairs on the Titanic.

>> Who can afford to buy a 2 year old car in cash?

>
> OK, so finance it--and then keep it.
>
> And squirrel away those lease payments you've been paying.
>
> After not too long, you'll realize you can buy that Acura you've always
> wanted, and pay cash for it.
>
>
>
>> That's a bad
>> investment, you'd have to deplete a lot of funds in your investments
>> to do that and the market is coming up. Drawing the money prior to
>> recovery is a bad thought.

>
> A car is never an investment, no matter how you structure things. It's
> an expense, pure and simple.



Well yes 'n no... Antique/classic cars are investment but often
marginal examples never are profitable.

OTOH, for daily transportation, your cite is exactly why I deal in
ancient Civics that are cheap to obtain, operate and maintain...

JT

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  #7 (permalink)  
Old 30 May 2010, 11:18 pm
Al
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra


>
> OTOH, for daily transportation, your cite is exactly why I deal in
> ancient Civics that are cheap to obtain, operate and maintain...
>
> JT



So are you saying that Hyundai Elantra's are costly to operate and
maintain? I'm just trying to see where the difference in price is.
Hyundai has been around a while so it should be a lot more reliable
than it was in the 80's, and also its known long enough to have prices
parallel to Honda, but yet there's a large gap in costs for comparable
models. I've owned 4 Honda's for 3 years each. They were all bought
new. During that time all of them had some kind of annoying problem,
which was fixed by warranty, but still being a car which is know for
reliability it hasn't really been that reliable for me.
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  #8 (permalink)  
Old 30 May 2010, 11:19 pm
pws
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

Grumpy AuContraire wrote:
> Elmo P. Shagnasty wrote:
>> In article
>> <d43036d0-62b6-403a-8b8b-3e010312e301@t26g2000prt.googlegroups.com>,
>> Al <beretta66x@gmail.com> wrote:
>>
>>>> How about don't lease a car--but instead buy a nice 2 year old used
>>>> one,
>>>> pay cash, and keep it?
>>>>
>>>> Otherwise, the "re-structuring of your investing outlook" will be
>>>> nothing more than rearranging deck chairs on the Titanic.
>>> Who can afford to buy a 2 year old car in cash?

>>
>> OK, so finance it--and then keep it.
>>
>> And squirrel away those lease payments you've been paying.
>>
>> After not too long, you'll realize you can buy that Acura you've
>> always wanted, and pay cash for it.
>>
>>
>>
>>> That's a bad
>>> investment, you'd have to deplete a lot of funds in your investments
>>> to do that and the market is coming up. Drawing the money prior to
>>> recovery is a bad thought.

>>
>> A car is never an investment, no matter how you structure things.
>> It's an expense, pure and simple.

>
>
> Well yes 'n no... Antique/classic cars are investment but often
> marginal examples never are profitable.
>
> OTOH, for daily transportation, your cite is exactly why I deal in
> ancient Civics that are cheap to obtain, operate and maintain...
>
> JT


My 1995 Honda Accord 4 banger is becoming semi-ancient in years. It hit
81,000 miles today!

This car runs like a top, and so far it is the most reliable car I have
ever owned. Every single thing works, no lights, no funny noises, and
ice-cold A/C. It kind of freaks me out.

It isn't glamorous, but I like it. I can just feel it sipping gas
economically as I drive it down the highway.

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  #9 (permalink)  
Old 30 May 2010, 11:30 pm
pws
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra

pws wrote:

> My 1995 Honda Accord 4 banger is becoming semi-ancient in years. It hit
> 81,000 miles today!
>
> This car runs like a top, and so far it is the most reliable car I have
> ever owned. Every single thing works, no lights, no funny noises, and
> ice-cold A/C. It kind of freaks me out.
>
> It isn't glamorous, but I like it. I can just feel it sipping gas
> economically as I drive it down the highway.


Oh yeah, I meant no warning lights, the headlights and other lights work
great.
I have only had the car for a few thousand miles, and I would not expect
it to have a lot of problems considering the mileage, but it seems like
a well-made car, especially considering the current value.

The A/C was entirely replaced the summer before last, it has nearly-new
Pirelli P5's installed with a new alignment, and the timing belt/water
pump job was done at 60K miles in 2008.
It is about due for a tune-up, which two Honda dealerships have
performed regularly for 15 years, and I will probably let them continue
with the excellent service.

This Accord is a pretty nice one to drive while working on the Mazda for
a year or so.

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  #10 (permalink)  
Old 31 May 2010, 06:41 am
tww1491
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Posts: n/a
Default Re: Differences between a 2010 Civic and Elantra



"Al" <beretta66x@gmail.com> wrote in message
news:3304714d-5ddc-4080-9368-6d38e9007a7d@m21g2000vbr.googlegroups.com...
> Hello,
>
> Right now I have a 2008 Accord EXL and I am thinking of downsizing my
> lease for the up coming one. I'm going to be re-structuring my
> investing outlook and need to re-think my finances. I thinking of
> either a later model 2010 or 2011 Honda Civic or Hyundai Elantra.
>
> The Civic EX is about 21,800 and the comparably equipped Hyundai
> Elantra SE with premium package is 18,200. Has anyone had any
> experience with the Hyundai as far as how it runs (good or bad) and
> reliability, controls, ride, handling etc compared to the Civic? 3,600
> is a pretty big difference in pricec
>

Have you driven the Hyundai -- as compared with the Civic. From what I
have read the Elantra does not do as well as the Civic. But, Hyundai has
steadily improved their quality and reliability and with the 100k warranty
the price difference for a lease appears compelling. Given some of Honda's
new offerings -- the ugly Crosstour and beaked Acuras -- I am going to keep
my 06 I4 Accord coupe just as long as possible. Another aspect of the
newcomers to the market -- Ford Fusion, Hyundai Sonata and so forth is what
will those cars be like when they hit 150k. Will they compare with a Honda
at the same mileage. Our 03 Pilot at 96k drives and handles like new.
Since its paid for and is only worth about 7500 on trade or so -- keeping it
makes far more sense.

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