WHat holds value better Honda or BMW? How long do you keep and drive your car!

[Anonymous]

If you have to worry about depreciating value, then you can't afford to own a BMW. Stick with the Honda or lease the BMW. I own a German car and know that it's costly to maintain.

[Anonymous]

Anonymous wrote:If you have to worry about depreciating value, then you can't afford to own a BMW. Stick with the Honda or lease the BMW. I own a German car and know that it's costly to maintain.

I can afford it and I still like to consider value over time. I'm sure the OP can afford it as well. It's not necessary to make these comments.

[Anonymous]

Buy a Buick.

I can’t take any of these reliability arguments (luxury vs. Hondatoyota blah blah blah)

If you are serious about reliability, buy a Buick!

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you have to worry about depreciating value, then you can't afford to own a BMW. Stick with the Honda or lease the BMW. I own a German car and know that it's costly to maintain.

I can afford it and I still like to consider value over time. I'm sure the OP can afford it as well. It's not necessary to make these comments.

Np- nobody buys a BMW for its value. I mean that’s a silly question when it comes to European cars.

[Anonymous]

I have a 2003 Honda Accord with 220k mikes on it that rubs great.

[Anonymous]

Anonymous wrote:I have a 2003 Honda Accord with 220k mikes on it that rubs great.

I just sold my commuting car...1998 honda accord. It had over 250k miles on it. 20 years and ever after 2 decades, I couldn't drive it until the wheels fell off. It would not die. I wanted it to, but it wouldnt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you have to worry about depreciating value, then you can't afford to own a BMW. Stick with the Honda or lease the BMW. I own a German car and know that it's costly to maintain.

I can afford it and I still like to consider value over time. I'm sure the OP can afford it as well. It's not necessary to make these comments.

OP here. I'm not offended, rather bemused. Just because I *can* afford something doesn't mean I *want* to spend the money on something. This is a philosophical difference, as we each have our own view on what's worth it to us. Ascetic would be a strong word, but I tend in that direction, and actually really love the idea of driving a safe, reliable, nondescript car for years and years with no payments (and took pride in doing so with the car I had before getting married.) When we have a car payment, I always think of what else we could be doing with that money, esp. the idea of lost opportunity of not investing it. My DH is not reckless, but not as conservative with money as I am, so we balance each other out.

[Anonymous]

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

sooo, what are you repairing if its so reliable

[Anonymous]

Anonymous wrote:

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

You almost got me convinced. Please provide your BMW dealership's name and your name. I'm sure someone would like to stop by for a test drive.


100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

You almost got me convinced. Please provide your BMW dealership's name and your name. I'm sure someone would like to stop by for a test drive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

You almost got me convinced. Please provide your BMW dealership's name and your name. I'm sure someone would like to stop by for a test drive.

I find it nauseating that this attitude is so pervasive in this thread, where anyone who dares to share the truth that BMW is now more reliable than Honda is questioned as a BMW dealer. Note the reverse doesn't happen - now one here is accusing you of being a Honda salesman for repetitively ignoring the fact that both leading authorities on vehicle reliability ranks BMW ahead of Honda. If you choose to ignore facts and withdraw into the fantasy of your mind, that's fine, but don't attack the rest of us who choose to live in reality.

[Anonymous]

My neighbor had a BMW. For about a year. Just between us, he couldn't afford the upkeep. He just liked fronting. I probably wouldn't know this if not for him telling my husband about his car woes. Seems it was pricey to get the beautifying wheels he wanted. He had to settle. And that dent his wife put on the rear panel ? Yeah. The paint alone had him clenching. I see he now has an SUV.

I would have been more impressed had he bought a riding mower and put up a privacy fence like the whole neighborhood did.

Value has nothing to do with resale. It has to do with what sucker I mean buyer is willing to take on future maintenance/repairs that can easily be afforded.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To the OP, this thread illustrates the fact that vast majority people have little to no actual knowledge of what they talk about. They simply repeat what they've heard, or hold on to notions that are no longer true.

In general, vehicle reliability gap between different brands have narrowed significantly since the 80's and 90's, when there was a sizable gulf between Honda/Toyota and "the rest". With just a handful of notable exceptions, current selection of vehicles fall into a fairly small range of reliability. Note that Consumer Reports places BMW higher on their average reliability rating than Honda. I am sure either a new BMW or Honda would be similarly reliable, and any issues you encounter would be the exception rather than the rule.

That said, the cost of ownership for an older BMW will typically be higher due to more expensive repairs when they do happen. There are fewer budget oriented independent shops that work on BMWs versus those that fix Honda/Toyota.

As for why BMW typically has worse resale value, there are a multitude of reasons. The most significant of which is the incorrect perception that Hondas are such reliable cars. This perception is the reason why a used 2-3 year old Honda are usually sold with just a modest discount from an all-new price. People are so set in their thinking that a used Honda is a great deal that they pay entirely too much for one. Another reason is that BMWs are often purchased as status vehicles and as such people tend to want to drive late models with newer body styles.

100% correct. Finally someone who gets it.
People confuse reliability with cost of repair.
BMW are as reliable as Honda if not more. The issue is cost of repair and ownership.
I have owned both of them. My Honda was even less reliable than my BMW, it broke down much more.
But it was cheap to repair. Honda parts and labor costs are much cheaper compared to BMW’s.
My BMW never let me down, it was the most reliable car I ever owned. But any trip to the dealership was costly.
Luxury brands like BMW charge more because they target luxury buyers that can afford it.
Hondas are for price sensitive buyers.

sooo, what are you repairing if its so reliable

I'm not this PP, but that's the point--basically, the same things as I repair for my Honda, but at a much greater expense.

We have a 2009 BMW X5 (which I drive), a 2010 Acura MDX (which my wife drives), and a 2009 Honda Odyssey (which used to be our family car, but now our nanny drives it). The Odyssey has been great--there's nothing better than a minivan for hauling kids. The X5 has been as good, at least in terms of reliability; it's basically required the same types of maintenance/service as the Odyssey. The difference is that replacing the brakes on the X5, for example, usually requires replacing the rotors because of the way the car is designed, so it's a big expense. Replacing the brakes on the Odyssey may just require a modest layout for the brake pads and labor. So the difference adds up and becomes significant over time. If you can't stomach big service costs, particularly outside of the warranty period, then I wouldn't recommend any luxury vehicle, whether BMW, Mercedes, or Audi. But the issue, at least in my own anecdotal experience, is not one of reliability; it's basic cost of ownership.

[Anonymous]

i think the only reason bmw makes bmw's is so they can makes tons of money off of repairs.