Teamwork wrote:I would take a 100k+ Honda Accord at a "premium" versus a base/middle trim Focus 10 times out of 10. There's a reason why Honda/Toyota doesn't depreciate in value and hold resale values... there is a reason why American cars don't. I've lived it first hand
There are multiple reasons. One is that some folks have had the experience that you had, which directly supports the reputation.
However, I'm not sure that they come out of the factory quite so unequal; that reputation becomes a self-fulfilling prophecy...
- "Bah, I don't need that kind of longevity, not gonna spend more on that import."
- "I am a careful, thoughtful individual who takes care of his stuff and I want an appropriate vehicle, so no domestics for me."
- "It's just a POS domestic, it's not gonna last forever, no need to invest so much effort/money in maintenance and care. Just gonna beat the hell out of it and throw it away."
- Allow every little thing to go unrepaired until it's a miserable POS, then complain that it's a miserable POS.
- "Market value is too low on this domestic to bother repairing anymore. Off to the junkyard with it!"
- "Market value is too high on this import to give up on it. BRB buying parts." ...then a year down the road, the failure and repair is forgotten.
My own experience and direct observations (e.g. family) has been that while there are differences, if I'm gonna drive it until the end of its service life then that reputation doesn't seem to have an effect on results for myself and those close to me. I've seen roughly equal major failures in GMs, Fords, Hondas, Toyotas, and I've seen each live long dependable lives.
As long as the reputations and actual results hold at their current level, it works out great for me; I get to be satisfied paying lower prices for devalued cars with more life left in them and tons of cheap parts in the junkyard, and folks who have not had the same experiences as I have get to go a different route.