dave

'I drove it off the lot after paying $7,500 for it brand new now has
210,192 miles on it. With an average mpg around 40 miles/gallon, I
figure I got my money's worth and could care less about depreciation'

REPLY: Ill second that ! Boy, you cant complain about that car .

Christopher Wong

On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
> Dave in Lake Villa wrote:
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>
> I didn't find the story at that link, but did find it at this longer link;
> http://foxnews.smartmoney.com/ask/in...story=20060516

Hyundai and Kia suffer from one specific disadvantage in resale value: their
warranty. Your shiny new Hyundai is a used car the moment you drive it off
the lot. That means when it's sold, the 10/100 powertrain warranty
evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5 year
powertrain warranty on a used car? That is the equivalent value lost in the
transition between new and used.

Chris

Christopher Wong

On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
> Dave in Lake Villa wrote:
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>
> I didn't find the story at that link, but did find it at this longer link;
> http://foxnews.smartmoney.com/ask/in...story=20060516

Hyundai and Kia suffer from one specific disadvantage in resale value: their
warranty. Your shiny new Hyundai is a used car the moment you drive it off
the lot. That means when it's sold, the 10/100 powertrain warranty
evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5 year
powertrain warranty on a used car? That is the equivalent value lost in the
transition between new and used.

Chris

Christopher Wong

On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
> Dave in Lake Villa wrote:
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>
> I didn't find the story at that link, but did find it at this longer link;
> http://foxnews.smartmoney.com/ask/in...story=20060516

Hyundai and Kia suffer from one specific disadvantage in resale value: their
warranty. Your shiny new Hyundai is a used car the moment you drive it off
the lot. That means when it's sold, the 10/100 powertrain warranty
evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5 year
powertrain warranty on a used car? That is the equivalent value lost in the
transition between new and used.

Chris

Jack Cassidy

"Christopher Wong" <cwong@world.std.com> wrote in message
news:8a-dndYpwJU1sPDZRVn-hA@rcn.net...
> On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
>> Dave in Lake Villa wrote:
>>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>>
>> I didn't find the story at that link, but did find it at this longer
>> link;
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>
> Hyundai and Kia suffer from one specific disadvantage in resale value:
> their
> warranty. Your shiny new Hyundai is a used car the moment you drive it off
> the lot. That means when it's sold, the 10/100 powertrain warranty
> evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5
> year
> powertrain warranty on a used car? That is the equivalent value lost in
> the
> transition between new and used.
>
> Chris

That's still better than the 3/36 on many new cars. I am more inclined to
believe that Kia and Hyundai take a big depreciation hit because many people
still think of them as being junk, they're not anymore, at least not all of
them, But that reputation is hard to shake. That coupled with the fact that
for whatever reasons, it seems like Hyundai and Kia dealers bend over
backwards to try to void the warranty and make you pay for everything. My
sister has a 2000(?) Kia Rio with 15,500 miles on it that has been trouble
from the day she purchased it, and she swears she will never buy another. I
have a 2005 Hyundai Accent, My first Hyundai, Probably will be my last,
Great little car, lousy dealer. My brother lost one Hyundai in hurricane
Katrina, and traded the other one in shortly after, Neither replacement is a
Hyundai. In my opinion, Hyundai has come a long way but needs to clean up
its act with many of their dealers, It's hard to build customer loyalty when
the dealers try to screw everybody.

Jack Cassidy

Jack Cassidy

"Christopher Wong" <cwong@world.std.com> wrote in message
news:8a-dndYpwJU1sPDZRVn-hA@rcn.net...
> On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
>> Dave in Lake Villa wrote:
>>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>>
>> I didn't find the story at that link, but did find it at this longer
>> link;
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>
> Hyundai and Kia suffer from one specific disadvantage in resale value:
> their
> warranty. Your shiny new Hyundai is a used car the moment you drive it off
> the lot. That means when it's sold, the 10/100 powertrain warranty
> evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5
> year
> powertrain warranty on a used car? That is the equivalent value lost in
> the
> transition between new and used.
>
> Chris

That's still better than the 3/36 on many new cars. I am more inclined to
believe that Kia and Hyundai take a big depreciation hit because many people
still think of them as being junk, they're not anymore, at least not all of
them, But that reputation is hard to shake. That coupled with the fact that
for whatever reasons, it seems like Hyundai and Kia dealers bend over
backwards to try to void the warranty and make you pay for everything. My
sister has a 2000(?) Kia Rio with 15,500 miles on it that has been trouble
from the day she purchased it, and she swears she will never buy another. I
have a 2005 Hyundai Accent, My first Hyundai, Probably will be my last,
Great little car, lousy dealer. My brother lost one Hyundai in hurricane
Katrina, and traded the other one in shortly after, Neither replacement is a
Hyundai. In my opinion, Hyundai has come a long way but needs to clean up
its act with many of their dealers, It's hard to build customer loyalty when
the dealers try to screw everybody.

Jack Cassidy

Jack Cassidy

"Christopher Wong" <cwong@world.std.com> wrote in message
news:8a-dndYpwJU1sPDZRVn-hA@rcn.net...
> On 2006-05-18, JPH <jphagcanbereached@***.net> wrote:
>> Dave in Lake Villa wrote:
>>> http://foxnews.smartmoney.com/ask/in...story=20060516
>>>
>> I didn't find the story at that link, but did find it at this longer
>> link;
>> http://foxnews.smartmoney.com/ask/in...story=20060516
>
> Hyundai and Kia suffer from one specific disadvantage in resale value:
> their
> warranty. Your shiny new Hyundai is a used car the moment you drive it off
> the lot. That means when it's sold, the 10/100 powertrain warranty
> evaporates, leaving you with the basic 5/60. Ever tried to purchase a 5
> year
> powertrain warranty on a used car? That is the equivalent value lost in
> the
> transition between new and used.
>
> Chris

That's still better than the 3/36 on many new cars. I am more inclined to
believe that Kia and Hyundai take a big depreciation hit because many people
still think of them as being junk, they're not anymore, at least not all of
them, But that reputation is hard to shake. That coupled with the fact that
for whatever reasons, it seems like Hyundai and Kia dealers bend over
backwards to try to void the warranty and make you pay for everything. My
sister has a 2000(?) Kia Rio with 15,500 miles on it that has been trouble
from the day she purchased it, and she swears she will never buy another. I
have a 2005 Hyundai Accent, My first Hyundai, Probably will be my last,
Great little car, lousy dealer. My brother lost one Hyundai in hurricane
Katrina, and traded the other one in shortly after, Neither replacement is a
Hyundai. In my opinion, Hyundai has come a long way but needs to clean up
its act with many of their dealers, It's hard to build customer loyalty when
the dealers try to screw everybody.

Jack Cassidy

Tunez

HAHAHAHA Here we go again ........



"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C7DFAD87D55Xz124HiiUdfEEE6@140.99.99.130 ...
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
>
>> Very true. I also tend to keep my vehicles until "death due us part"
>> and so depreciation is merely a fictitious expense dreamed up by
>> accountants. Now if you are one of those "more money than brains"
>> people who trade cars every year or three, then depreciation is a very
>> real concern.
>>
>>
>> Matt
>
> Man, good thing you put the "more money than brains" in quotes or you
> might
> just have started another flame war :-) Of course, what other reason
> could
> someone have for buying a new car every few years except for having too
> much money and too little brain?
>
> How does someone with such a big brain wind up saying such stupid stuff
> all
> the time? Or do you really believe everything you say?
>
> Hey, you know you are entitled to your opinion. But you probably know
> what
> they say about opinions....
>
> Eric
>
> P.S. - I usually turn over my cars every few years for the plain and
> simple
> reason that I am tired of them. Or something better has come along. I
> can't do it with my wife (too expensive).
>

Tunez

HAHAHAHA Here we go again ........



"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C7DFAD87D55Xz124HiiUdfEEE6@140.99.99.130 ...
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
>
>> Very true. I also tend to keep my vehicles until "death due us part"
>> and so depreciation is merely a fictitious expense dreamed up by
>> accountants. Now if you are one of those "more money than brains"
>> people who trade cars every year or three, then depreciation is a very
>> real concern.
>>
>>
>> Matt
>
> Man, good thing you put the "more money than brains" in quotes or you
> might
> just have started another flame war :-) Of course, what other reason
> could
> someone have for buying a new car every few years except for having too
> much money and too little brain?
>
> How does someone with such a big brain wind up saying such stupid stuff
> all
> the time? Or do you really believe everything you say?
>
> Hey, you know you are entitled to your opinion. But you probably know
> what
> they say about opinions....
>
> Eric
>
> P.S. - I usually turn over my cars every few years for the plain and
> simple
> reason that I am tired of them. Or something better has come along. I
> can't do it with my wife (too expensive).
>

Tunez

HAHAHAHA Here we go again ........



"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C7DFAD87D55Xz124HiiUdfEEE6@140.99.99.130 ...
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
>
>> Very true. I also tend to keep my vehicles until "death due us part"
>> and so depreciation is merely a fictitious expense dreamed up by
>> accountants. Now if you are one of those "more money than brains"
>> people who trade cars every year or three, then depreciation is a very
>> real concern.
>>
>>
>> Matt
>
> Man, good thing you put the "more money than brains" in quotes or you
> might
> just have started another flame war :-) Of course, what other reason
> could
> someone have for buying a new car every few years except for having too
> much money and too little brain?
>
> How does someone with such a big brain wind up saying such stupid stuff
> all
> the time? Or do you really believe everything you say?
>
> Hey, you know you are entitled to your opinion. But you probably know
> what
> they say about opinions....
>
> Eric
>
> P.S. - I usually turn over my cars every few years for the plain and
> simple
> reason that I am tired of them. Or something better has come along. I
> can't do it with my wife (too expensive).
>

Michael

Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
> P.S. - I usually turn over my cars every few years for the plain and
> simple reason that I am tired of them. Or something better has come
> along. I can't do it with my wife (too expensive).

Hmmm, a car is a tool , nobody "gets tired" of a tool ...... you can
tell
yourself what you want though .

Michael

Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
> P.S. - I usually turn over my cars every few years for the plain and
> simple reason that I am tired of them. Or something better has come
> along. I can't do it with my wife (too expensive).

Hmmm, a car is a tool , nobody "gets tired" of a tool ...... you can
tell
yourself what you want though .

Michael

Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
> P.S. - I usually turn over my cars every few years for the plain and
> simple reason that I am tired of them. Or something better has come
> along. I can't do it with my wife (too expensive).

Hmmm, a car is a tool , nobody "gets tired" of a tool ...... you can
tell
yourself what you want though .

Tunez

Eric SAID .......

P.S. - I usually turn over my cars every few years for the plain and simple
reason that I am tired of them. Or something better has come along. I
can't do it with my wife (too expensive).

Good one Eric I too turn my cars over every few years, Better looks better
technology ECT.

I also did it with a wife once !!!!! but it was well worth the
expense...hahahahaha

Tunez





"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C7DFAD87D55Xz124HiiUdfEEE6@140.99.99.130 ...
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
>
>> Very true. I also tend to keep my vehicles until "death due us part"
>> and so depreciation is merely a fictitious expense dreamed up by
>> accountants. Now if you are one of those "more money than brains"
>> people who trade cars every year or three, then depreciation is a very
>> real concern.
>>
>>
>> Matt
>
> Man, good thing you put the "more money than brains" in quotes or you
> might
> just have started another flame war :-) Of course, what other reason
> could
> someone have for buying a new car every few years except for having too
> much money and too little brain?
>
> How does someone with such a big brain wind up saying such stupid stuff
> all
> the time? Or do you really believe everything you say?
>
> Hey, you know you are entitled to your opinion. But you probably know
> what
> they say about opinions....
>
> Eric
>
> P.S. - I usually turn over my cars every few years for the plain and
> simple
> reason that I am tired of them. Or something better has come along. I
> can't do it with my wife (too expensive).
>

Tunez

Eric SAID .......

P.S. - I usually turn over my cars every few years for the plain and simple
reason that I am tired of them. Or something better has come along. I
can't do it with my wife (too expensive).

Good one Eric I too turn my cars over every few years, Better looks better
technology ECT.

I also did it with a wife once !!!!! but it was well worth the
expense...hahahahaha

Tunez





"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C7DFAD87D55Xz124HiiUdfEEE6@140.99.99.130 ...
> Matt Whiting <whiting@epix.net> wrote in
> news48bg.8888$lb.804198@news1.epix.net:
>
>> Very true. I also tend to keep my vehicles until "death due us part"
>> and so depreciation is merely a fictitious expense dreamed up by
>> accountants. Now if you are one of those "more money than brains"
>> people who trade cars every year or three, then depreciation is a very
>> real concern.
>>
>>
>> Matt
>
> Man, good thing you put the "more money than brains" in quotes or you
> might
> just have started another flame war :-) Of course, what other reason
> could
> someone have for buying a new car every few years except for having too
> much money and too little brain?
>
> How does someone with such a big brain wind up saying such stupid stuff
> all
> the time? Or do you really believe everything you say?
>
> Hey, you know you are entitled to your opinion. But you probably know
> what
> they say about opinions....
>
> Eric
>
> P.S. - I usually turn over my cars every few years for the plain and
> simple
> reason that I am tired of them. Or something better has come along. I
> can't do it with my wife (too expensive).
>