Posted on July 15th, 2008 by P.W.R.
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That hot-looking new Caddy? The ever-popular Camry? A car built in the last decade?
How about…
the 1995 Honda Civic
1. 1995 Honda Civic
2. 1991 Honda Accord
3. 1989 Toyota Camry
4. 1997 Ford F-150 Series Pickup
5. 1994 Chevrolet C/K 1500 Pickup
6. 1994 [...]
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Filed under: The Car Business
Posted on July 7th, 2008 by P.W.R.
In sharp contrast to most of the rest of the industry, Honda showed a dramatic increase in sales over a year ago in June. Helped by their environment-conscious image and small-car excellence, American Honda sales were up almost 18% over last year. The Honda Civic posted record June sales, and the fuel-efficient Fit had it’s [...]
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Filed under: The Car Business
Posted on July 6th, 2008 by P.W.R.
How does a highly visible report like the annual J.D. Power initial quality scores affect important buyer considerations like value and depreciation?
It seems to vary widely. For instance, Porsches depreciate at roughly the same rate as do other high-end, high-performance sports cars–rather quickly, VW holds it’s value even though the scores are never very good, [...]
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Filed under: On Depreciation, The Car Business
Posted on July 5th, 2008 by P.W.R.
The latest J.D. Power rankings of initial quality reveals some interesting things to the objective observer. These figures represent the number of problems per 100 vehicles. Here are the 2008 rankings for the 36 top nameplates:
1. Porsche: 87 2. Infiniti: 98 3. Lexus: 99 4. Mercedes-Benz:104 5. Toyota: 104 6. Mercury: 109 [...]
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Filed under: CAR FU, The Car Business
Posted on February 18th, 2008 by P.W.R.
Ready for your next car?
Have you been studying up at the websites? Edmunds.com, Kelly Blue Book, etc.? Is it helping you prepare, or is it WAY too much information for anyone to absorb? Let’s simplify this a little bit. Here are some common myths, or “advice” from [...]
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Filed under: Buying a Car, The Car Business
Posted on February 18th, 2008 by P.W.R.
The worst thing any car salesman ever has to do is explain to a customer that the car they are trading in isn’t worth much money. Or any money. This is how the conversation often goes:
[...]
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Filed under: Buying a Car, On Depreciation, The Car Business
Posted on February 18th, 2008 by P.W.R.
Overheard on car lots every single day, all across this great land:
Sales Manager: “ Where did those people go?”
Salesperson: “ Which people?”
SM: “ Those people that were back there checking out the (anycar).”
SP: “ Oh, they said they were just looking.”
SM: “Really. Did they talk to a manager before they left?”
SP: “ Well….no.”
SM: “You’re fired.”
Over [...]
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Filed under: Buying a Car, The Car Business