The 2009 Honda Accord LX books at $17,750, while the 2009 Fusion SE books at $13,925 right now, as I just booked them both. They were both comparably priced ONE YEAR AGO as new cars, and now they are suddenly $4,000 apart; the Honda being favored. So much for domestic resale value huh? He lost $7,000 or more in one year, when he could have kept that to about $3,000. Not a good choice by any means.
My 2008 Accord actually booked higher than the price I paid for it after a year and 19K miles when I traded it in. Now that is good economics, wouldn't you say? Unfortunately I traded it in on a Focus for fear of losing my job and needing Ford's payment plan, and now I am down over 40% in the first year of ownership... a Civic would not be even close to that amount of depreciation. Argue all you want, but go to KBB.com first and get the facts...
As far as reliability.... type "Fusion problems" into Google and see how many hits you get. They are just as reliable (or not) as any Honda, so there really is no gain there. They have their own building list of transmission failures to compete with anything Honda has.
26th May 2010, 22:32
The 2009 Honda Accord LX books at $17,750, while the 2009 Fusion SE books at $13,925 right now, as I just booked them both. They were both comparably priced ONE YEAR AGO as new cars, and now they are suddenly $4,000 apart; the Honda being favored. So much for domestic resale value huh? He lost $7,000 or more in one year, when he could have kept that to about $3,000. Not a good choice by any means.
My 2008 Accord actually booked higher than the price I paid for it after a year and 19K miles when I traded it in. Now that is good economics, wouldn't you say? Unfortunately I traded it in on a Focus for fear of losing my job and needing Ford's payment plan, and now I am down over 40% in the first year of ownership... a Civic would not be even close to that amount of depreciation. Argue all you want, but go to KBB.com first and get the facts...
As far as reliability.... type "Fusion problems" into Google and see how many hits you get. They are just as reliable (or not) as any Honda, so there really is no gain there. They have their own building list of transmission failures to compete with anything Honda has.