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A Toyota spokesman once said the only car company that worries them is Hyundai, the parent company of Kia. They are making HUGE strides in quality, and are nearly up to the benchmarks that Toyota and Honda built.
Are you looking at a NEW Sorrento? They're a bit dated in my opinion. I'd go with a Santa Fe Sport over a Sorrento any day. They share the same powertrain, but the body is much more modern.
Regarding resale: I can tell you that car for car (comparably equipped), the Toyota and Honda run AT LEAST $2000. more.
(I recently spent 4-5 weeks of my life going from dealer to dealer checking this stuff out).
So you'd need to get $2000 more on resale just to break even.
Getting back to Hyundai/Kia being in a similar position to that of Toyota and Honda years ago:
We can start a laundry list of what people were saying about Toyota and Honda 40 years ago.... How about:
1. Japanese junk
2. Won't last
3. Fred Flintstone cars
4. Nothing like an American car
5. There's a reason why GM has a 60% share of the market.
Owner of a 2012 Kia Sportage EX purchased new. Just about ready to hit 50,000 miles. At this point, I need to replace the OEM Hankook tires. They're not bad yet, just experiencing normal wear. No issues to report with the alignment, brakes, electrical systems, interior, or drivetrain. The reliability has exceeded my previous experiences with other makes:
- 2005 Toyota Highlander that completely wore through the OEM tires in 20,000 miles.
- 2005 Toyota Matrix which has required tires and a complete four-wheel alignment every 20,000 miles and, with 120,000 miles on the odometer, has required three complete sets of brake pad, drum, disc pad, and rotor replacements.
- 2003 Toyota Solara SLE V6 that I traded in for the Kia when, at just a bit over 34,000 miles, it started burning oil at the rate of a quart every 1000 miles.
Previous vehicles were a Toyota Tacoma and a few Honda Accords which never had any reliability concerns of note.
Resale still lags quite a bit behind comparable Honda/Toyota models.
Not true. Check the Autotrader. Three year old Elantra and Civic are selling for the same price. In fact, if you throw in the higher purchase price of the Civic, Honda is a worse deal.
Not true. Check the Autotrader. Three year old Elantra and Civic are selling for the same price. In fact, if you throw in the higher purchase price of the Civic, Honda is a worse deal.
Asking price does not equate to the price cars are actually selling at.
Check blackbook as they publish actual selling price rather than a guesstimate like KBB.
Then compare 5,7 and 10 year old prices.
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