Style Research Report
2010 Honda Accord EX V6
Created April 19, 2010
Contents Welcome to the Edmunds.com Style Research Report Congratulations! Thank you for purchasing and downloading your personalized Edmunds.com Style Research Report for the 2003 Honda Accord EX V6. You are now holding the state-of-the-art in automotive research information. Our data engineers and designers have worked hard to provide you with the most useful, comprehensive and up-to-date reports available anywhere, on-line or off-line. We wish you the best of luck in your car-buying experience, and we are confident that, with this information in hand, you will be the best-informed consumer you can possibly be!
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Pricing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1. Pricing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2. Incentives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Features & Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 3. Features. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Specs & Safety. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 5. Specs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. Colors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. Safety . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Ratings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8. Consumer Reviews/Ratings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9. JD Power Ratings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Maintenance & Ownership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10. True Cost to Own . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. Resale Values . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a. TSBs and Recalls (if available) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.Vehicle Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Edmunds.com Research Reports Model Overview
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Edmunds.com Style Research Report
2010 Honda Accord EX V6 What Edmunds.com Says Honda fiddles with a successful recipe, leaving out some of the parts people seem to like and adding spice for which nobody asked. The result, to a critic’s eye, is questionable, though it will certainly sell to the masses in the same quantities it does today.
Editors’ Rating
8.2 Consumer Rating
9.3 1. Pricing 2010 Honda Accord EX V6 3.0
MSRP
Invoice
TMV®
Regional Base Price
$25,800
$23,215
23,576
Typical Price with Options
$28,800
$26,215
27,576
About Pricing Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis aut praessit iustio ero odolore con vel in ullaor si er sectem augue vullam iliquis.
About Edmunds.com True Market Value® Pricing Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan
Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 2. Incentives Knowing what incentives are available for your vehicle can save you substantial amounts of money. Pay close attention to the Manufacturer to Dealer incentives, as these can mean hundreds of dollars in savings.
Manufacturer to Customer Incentives Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis.
Cash Rebates
$1000 Cash to Customer Starts 8/1/2003, ends 9/2/2003 Restrictions
Incentives may vary and are subject to change at any time by the manufacturer; contact your local dealer for details.
Comments
Customer cash may not be combined with special APR.
Financing
2.9% APR Starts 8/1/2003, ends 9/30/2003 Restrictions
Incentives may vary; contact your local dealer for details.
Leasing
$239 Monthly Payment, 39 Month Term $1750
Down Payment
N/A
Security Deposit
12000
Annual Mileage
Restrictions
On approved credit by Honda Financial Services through participating dealers. Honda Financial Services’ standard credit criteria apply. See your Honda automobile dealer for details. DEALER PARTICIPATION MAY AFFECT ACTUAL PAYMENT. Taxes, license, title, registration, documentation fees, options and insurance extra.
Comments
$2,239.00 total due at lease signing (includes security deposit, excludes tax and license). SUBJECT TO LIMITED AVAILABILITY.
Manufacturer to Dealer Incentives Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis.
Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 Marketing Support
$1000 Cash to Dealer Starts 7/1/2003, ends 9/2/2003 Restrictions
Incentives may vary and are subject to change at any time by the manufacturer; contact your local dealer for details.
Comments
None.
3. Features About Features Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis aut praessit iustio ero odolore con vel in ullaor si er sectem augue vullam iliquis augiamet, quismolore ero erat, corperit eugue et eraesenim.
Mechanical Features Engine
Drivetrain Suspension Instrumentation
3.0L displacement single overhead cam (SOHC) V6 cylinder configuration gas engine, 24 valves, variable valve timing, 240 hp @ 6250 rpm 212 ft-lbs. torque @ 5000 rpm, regular unleaded fuel Front wheel drive, 5-speed automatic transmission Four-wheel independent suspension, front and rear stabilizer bar Tachometer, clock, display external temperature, low fuel level warning
Exterior Features Tires and Rims Roof and Glass
16 in. alloy rims, P205/60R16 tires, all season tires, spacesaver spare tire, steel spare wheel Variable intermittent wipers, power glass sunroof, rear defogger
Safety Features Braking Passenger Safety
Anti-Theft
Edmunds.com Research Reports Model Overview
ventilated front disc / solid rear disc brakes 4-wheel ABS 4-wheel ABS Front side-mounted airbags, front and rear head airbags, front seatbelt pretensioners, rear door child safety locks, child seat anchors, emergency interior trunk release, rear center 3-point belt, 2 front headrests, 2 rear headrests Remote anti-theft alarm system, engine immobilizer
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2010 Honda Accord EX V6 Comfort and Convenience Features Front Seats
Rear Seats Power Features Convenience
Comfort
5 person total seating capacity, bucket front seats, leather upholstery, 8-way power driver seat, driver seat with manual adjustable lumbar support, heated driver seat, 4-way power passenger seat, heated passenger seat Bench rear seat, folding with pass-thru center armrest, rear heating ducts Remote power door locks, power windows, one-touch power windows, power mirrors Cruise control, speed-proportional power steering, tilt and telescopic steering wheel, audio and cruise controls on steering wheel, front and rear cupholders, remote trunk release, front and rear door pockets, front 12v power outlet(s), front console with storage, overhead console with storage, universal remote transmitter (for garage door, security system, etc.) Dual zone climate controls - driver and passenger, interior air filtration, front and rear reading lights, dual illuminating vanity mirrors, leather-wrapped steering wheel, leather trim on doors, front and rear floor mats, trunk light
Entertainment and Telematics Features In-Car Entertainment
AM/FM in-dash 6 CD player stereo, 120 watts stereo output, 6 total speakers, element antenna
4. Options No optional equipment is available from the manufacturer for this make, model and trim level.
Edmunds.com Research Reports Model Overview
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Edmunds.com Style Research Report
2010 Honda Accord EX V6 5. Specifications Exterior Dimensions Length: 189.5 in. Height: 57.1 in. Curb Weight: 3360 lbs.
Width: 71.5 in. Wheel Base: 107.9 in. Gross Weight: 4300 lbs.
Interior Dimensions Front Head Room: 38.3 in. Front Shoulder Room: 56.9 in. Rear Shoulder Room: 56.1 in. Front Leg Room: 42.6 in. Luggage Capacity: 14 cu. ft.
Front Hip Room: 54.6 in. Rear Head Room: 36.8 in. Rear Hip Room: 53.5 in. Rear Leg Room: 36.8 in. Maximum Seating: 5
Performance Data Base Number of Cylinders: 6
Base Engine Size: 3.0 liters
Base Engine Type: V6 Max Horsepower: 6250 rpm Max Torque: 5000 rpm Turning Circle: 36.9 ft.
Horsepower: 240 hp Torque: 212 ft-lbs. Drive Type: FWD
Fuel Data Fuel Fuel Tank Capacity EPA Mileage Estimates Range
Edmunds.com Research Reports Model Overview
Regular unleaded gasoling 17.1 gal. 21 mpg city / 30 mpg highway Automatic Transmission: 359.1 mi. / 513 mi
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2010 Honda Accord EX V6 6.Colors About Colors Because of the limitations of printing inks and difficulties in controlling how color displays on computer screens and your printer, these colors may not match the actual colors available on your vehicle. Please use them as a guideline only. Your dealer will have actual paint sample swatches for you to view.
Exterior Colors Desert Mist Metallic
Eternal Blue Pearl
Graphite Pearl
Nighthawk Black Pearl
Noble Green Pearl
Redondo Red Pearl
Satin Silver Metallic
Taffeta White
Interior Colors Black
Gray
Ivory
Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 7. Safety About Safety Safety ratings come from two different organizations: the NHTSA and IIHS. Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis aut praessit iustio ero odolore con vel in ullaor si er sectem augue vullam iliquis augiamet, quismolore ero erat, corperit eugue et eraesenim euis nulputat. Dui eum in.
NHTSA Safety Ratings Dui eum in vel iuscinc duisi blaor sum quat praesed eum vulla consent adiam, sustio commy nibh eril eugait ad ea aut laor ad eu feu faccum venit atue et wisit, commodiat. Ut nulputpat aut ulput alis nonullaore venis acinci blan ver sequat lor iriuscilissi tat, ver suscil dolore digna autat. Ut elit alis nos er at wisl ilit wisse facilit ipissis num in exercinci tisi.
NHTSA Safety Ratings Passenger
Excellent
Driver
Excellent
Side Impact Front Side Impact Rear Rollover Rating
Not Tested Not Tested
Good
IIHS Ratings Dui eum in vel iuscinc duisi blaor sum quat praesed eum vulla consent adiam, sustio commy nibh eril eugait ad ea aut laor ad eu feu faccum venit atue et wisit, commodiat. Ut nulputpat aut ulput alis nonullaore venis acinci blan ver sequat lor iriuscilissi tat.
IIHS Safety Ratings Crash Offset Bumper Bash
Good Acceptable
IIHS Injury, Collision and Theft Loss Ratings All Midsize Four Door Cars Honda Accord
Edmunds.com Research Reports Model Overview
Injuries 106 - Average 100 - Average
Collisions 99 - Average 95 - Average
Losses 90 - Average 79 - Average
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2010 Honda Accord EX V6 8. Consumer Reviews & Ratings About Consumer Reviews and Ratings Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis aut praessit iustio ero odolore con vel in ullaor si er sectem augue vullam iliquis augiamet, quismolore ero erat, corperit eugue et eraesenim euis nulputat.
“Wake Up!” —submitted by jays Date Posted: 7/8/2003
Style: EX V-6 4dr Sedan (3.0L 6cyl 5A)
Rating: 7.8
Review Awesome engine, but the responsive and sporty handling of 91 Accord is much better than 2003 ! This one is very ok. Shape is horrible, so is trunk space. Sound system seems 49 years old. New Maxima much better for the price. Favorite Features: Engine. Suggested Improvements: Better feel for V-6, Trunk Space, Stereo & Shape. Too much to handle? Mark the price down then!
“honda 2-dr 03” —submitted by djhimes Date Posted: 4/24/2003
Style: EX 2dr Coupe (2.4L 4cyl 5A)
Rating: 9.6
Review Totally pleased and a big improvement over my previous 2002 model. Favorite Features: Bigger engine w/ better fuel economy. really like the keyless entry built into key, and the ability to roll the windows down before you get to the car (with the remote). Suggested Improvements: cup holders in console don’t like “Coke” shaped bottles (they tend to be diff. to get out).
“Awesome” —submitted by GoNewman Date Posted: 5/1/2003
Style: EX 2dr Coupe (2.4L 4cyl 5A)
Rating: 10.0
Review I am 21 and this is my 16th car. This is by far the best. It looks great, handles great, and the brakes are awesome. I couldn’t have asked for more for the price! Favorite Features: Brakes, gauges, stereo, styling, 5speed auto, comfortable seats. Suggested Improvements: Lighted steering wheel controls and a one touch sunroof. I hate having to hold the buttons down. Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 “5 speed fun but 6 may be better” —submitted by Manor Date Posted: 11/16/2002
Style: LX 2dr Coupe (2.4L 4cyl 5M)
Rating: 1.0
Review I can’t afford the 6 speed v6. I love the CLK-look-alike look of the rear end. The front fascia of the coupe is weird. The headlights look like the ones on the Altima. Is Honda having trouble with designing on their own? Favorite Features: 5 speed. I like to shift by myself. Suggested Improvements: Factory body kits with warranty and 17 inch alloys.
9. J.D. Power Ratings About JD Power Ratings
J.D. Power Ratings Legend Among the best Better than most Does not really stand out
Lorper inis adiam nosLoreet, sequam in hendio odo ex eugiate con vulput inciduisl in ut ver sendrer iusci bla feum numsan henim velisim num nit lutatue min vulput dolute consent ing euis esto ea faciniamet, con hent nonsenibh et lobor illum quam, vullum alis dolore vel ex ex enim essis aut praessit iustio ero odolore con vel in ullaor si er sectem augue vullam iliquis augiamet, quismolore ero erat, corperit eugue et eraesenim euis nulputat.
J.D. Power Ratings for Honda Accord
The rest
2002 Initial Quality Ratings (0-90 days) Mechanical Quality Body & Interior Quality Feature and Accessory Quality Performance Creature Comforts Style
4/5 4/5 5/5 3/5 3/5 2/5
2001 Initial Quality Ratings (0-90 days) Mechanical Quality Body & Interior Quality Feature and Accessory Quality Performance Creature Comforts Style
Edmunds.com Research Reports Model Overview
4/5 4/5 3/5 3/5 4/5 2/5
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2010 Honda Accord EX V6 9. J.D. Power Ratings (continued) 2000 Initial Quality Ratings (0-90 days) Mechanical Quality Body & Interior Quality Feature and Accessory Quality Performance Creature Comforts Style
4/5 4/5 4/5 3/5 3/5 3/5
1999 Initial Quality Ratings (0-90 days) Mechanical Quality Body & Interior Quality Feature and Accessory Quality Performance Creature Comforts Style
4/5 4/5 5/5 3/5 3/5 3/5
1999 Midterm Reliability Ratings (1-3 years) Mechanical Reliability Body & Interior Reliability Feature and Accessory Reliability
5/5 5/5 5/5
1998 Initial Quality Ratings (0-90 days) Mechanical Quality Body & Interior Quality Feature and Accessory Quality Performance Creature Comforts Style
4/5 3/5 4/5 3/5 3/5 3/5
1998 Midterm Reliability Ratings (1-3 years) Mechanical Reliability Body & Interior Reliability Feature and Accessory Reliability
5/5 4/5 3/5
1998 Long-Term Dependability Ratings (4-5 years) Mechanical Dependability Body & Interior Dependability Feature and Accessory Dependability Edmunds.com Research Reports Model Overview
5/5 4/5 4/5 Page 12 of XX
Edmunds.com Style Research Report
2010 Honda Accord EX V6 9. J.D. Power Ratings (continued) Initial Ratings (0-90 days) These six scores come from consumer ratings of their vehicles after the first few months of ownership. Mechanical Quality: This score is based on problems reported with the engine, transmission, steering, suspension, and braking systems. Body & Interior Quality: This score is based on reported problems like exterior paint problems, wind noise, water leaks, poor interior fit/finish, and squeaks/rattles. Feature and Accessory Quality: This score is based on reported problems with interior features like the seats, windshield wipers, and door locks. It also includes problems with features like the heater, air conditioner, stereo system, sunroof and trip computer. Performance: This score is based on how consumers rated the performance of their vehicle’s powertrain and suspension systems, including ratings on things like acceleration, handling stability, braking performance, and shift quality. For some vehicles, 4 wheel/all-wheel drive performance is also included. Creature Comforts: This score is based on how consumers rate a wide range of features like the stereo system, the seats, interior storage bins, gauges/instruments, and heater/air conditioner. It also includes ratings on the quality of interior materials, seat comfort, and the cupholders. Style: This score is based on how consumers rated the interior and exterior styling of their vehicle. The styling score also includes ratings on things like uniqueness of styling, exterior and interior color choices and convenience of trunk access.
Midterm Ratings (1-2 years) These scores come from owners of cars from one-to-three years old who have been asked about experiences with their vehicle. Mechanical Reliability: This score is based on problems reported with the engine, transmission, steering, suspension and braking systems on a vehicle when it is one to three years old. Body & Interior Reliability: This score is based on the frequency of problems with things like exterior paint, wind noise, water leaks, poor interior fit/finish, and squeaks/rattles on a vehicle when it is one to three years old. Feature and Accessory Reliability: This score is based on score is based on reported problems with interior features like the seats, windshield wipers, and door locks on a vehicle when it is one to three years old. It also includes problems with features like the heater, air conditioner, stereo system, sunroof and trip computer.
Long Term Ratings (4-5 years) These scores come from owners who have rated their vehicle on dependability after four-to-five years of ownership. Mechanical Dependability: This score is based on problems reported with the engine, transmission, steering, suspension, and braking systems. Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 Body & Interior Dependability: This score is based on the number of problems reported in areas like exterior paint problems, wind noise, water leaks, poor interior fit/finish, and squeaks/rattles on a vehicle when it is four to five years old. Feature and Accessory Dependability: This score is based on reported problems with the seats, windshield wipers, and door locks on a vehicle when it is four to five years old. It also includes problems with features like the heater, air conditioner, stereo system, sunroof and trip computer.
10. True Cost to Own速 About True Cost to Own Dui eum in vel iuscinc duisi blaor sum quat praesed eum vulla consent adiam, sustio commy nibh eril eugait ad ea aut laor ad eu feu faccum venit atue et wisit, commodiat. Ut nulputpat aut ulput alis nonullaore venis acinci blan ver sequat lor iriuscilissi tat, ver suscil dolore digna autat. Ut elit alis nos er at wisl ilit wisse facilit ipissis num in exercinci tisi.
True Cost to Own - Summary
$34,464 5-year estimate, based on 15,000 miles per year in zip code 90404 Purchase Price Total
$26,322 (see detail chart below)
Cost Per Mile
$0.46
True Cost to Own - Ratings Ratings determined for the specific vehicle category Sedans under $45,000 Operating Cost Rating
low $
high $$$
Depreciation Cost Rating
low $
high $$$
Manufacturers periodically offer cash rebates/incentives which may result in a net overall reduction in your actual costs to own.
Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 10. True Cost to Own (continued) True Cost to Own - Breakdown Depreciation Financing Insurance Taxes & Fees Fuel Maintenance Repairs
Year 1 $4,790 1,607 887 2,286 1,051 289 0
Year 2 $2,052 1,300 900 286 1,083 563 0
Year 3 $1,804 968 914 260 1,115 412 40
Year 4 $1.599 609 928 236 1,148 940 249
Yearly Totals
$10,910
$6,184
$5,513
$5,709
Year 5 5-yr Total $1,436 $11,681 222 4,706 942 4,571 215 3,283 1,182 5,579 1,774 3,978 377 666 $6,148
$34,464
Purchase Price Detail True Market Value速 Pricing Typical Options Price Destination Charge Sales Tax and Fees for your state Gas Guzzler Tax
Total Purchase Price
Edmunds.com Research Reports Model Overview
$23,576 0 460 2,286 0
$26,322
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2010 Honda Accord EX V6 11. Compare Similar Vehicles True Cost to Own - Comparison
2003 Toyota Camry XLE V6 4dr Sedan (3.0L 6cyl 4A)
2003 Nissan Altima 3.5 SE 4dr Sedan (3.5L 6cyl 4A)
2003 Chrysler Sebring LXi 4dr Sedan (2.7L 6cyl 4A)
$43,579
$35,633
$38,491
$38,071
$27,652
$25,970
$28,217
$24,916
Average Cost per Mile $0.46 $0.58 Operating Cost
$0.48
$0.51
$0.51
2003 Honda Accord EX V-6 4dr Sedan (3.0L 6cyl 5A)
2003 Ford Taurus SEL Premium 4dr Sedan (3.0L 6cyl 4A)
True Cost to Own
$34,464 Purchase Price $26,322
$
$$$ $
$$$ $
$$$ $
$$$ $
$$$
$$$ $
$$$ $
$$$ $
$$$
Depreciation Cost $
$$$ $
Expected Resale Value Year 1: $19,246
Year 1: $15,575
Year 1: $19,207
Year 1: $19,404
Year 1: $14,942
Year 2: $17,194
Year 2: $13,086
Year 2: $16,931
Year 2: $17,126
Year 2: $12,805
Year 3: $15,390
Year 3: $10,897
Year 3: $14,930
Year 3: $15,122
Year 3: $10,925
Year 4: $13,791
Year 4: $8,956
Year 4: $13,155
Year 4: $13,345
Year 4: $9,259
Year 5: $12,355
Year 5: $7,214
Year 5: $11,562
Year 5: $11,752
Year 5: $7,764
Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 12. Resale Values Resale Values Year 2002 2001 2000 1999 1998 1997 1996 1995
Trade-In $11,005 - $16,313 $9,405 - $14,369 $8,256 - $12,672 $7,025 - $11,098 $5,811 - $9,764 $4,512 - $8,372 $4,063 - $7,613 $3,559 - $6,631
Private Party $11,850 - $17,566 $10,515 - $16,065 $9,298 - $14,272 $7,968 - $12,587 $6,673 - $11,213 $5,263 - $9,765 $4,760 - $8,919 $4,187 - $7,802
Dealer Retail $13,259 - $19,654 $11,540 - $17,631 $10,320 - $15,840 $8,949 - $14,137 $7,646 - $12,847 $6,181 - $11,468 $5,723 - $10,723 $5,234 - $9,752
The resale values listedabove reflect Edmunds.com True Market Value速 Pricing for this model. These price ranges are the averages for all styles for this model (without optional equipment). The price for a particular style will fall within the ranges indicated.
13. Maintenance No Copy given in mockup?
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2010 Honda Accord EX V6 14. Glossary Price with Options Glossary Invoice The base invoice price that a manufacturer charges a franchised dealer. MSRP Manufacturer’s Suggested Retail Price. This is a recommended retail price as suggested by the manufacturer and posted on the vehicle. The retailing dealer is free to sell the vehicle for any price they choose. National Base Price The national market price for the base configuration of this vehicle. This figure does not include optional equipment and destination charges. Regional Base Price Market price for the base configuration of this vehicle, regionally adjusted using the zip code entered. This figure does not include optional equipment and destination charges. Standard Equipment The standard equipment or accessories included on a specific vehicle model. Optional Equipment Optional equipment or accessories available for inclusion on a specific vehicle model. Destination Charge A flat fee that the manufacturer charges to deliver a vehicle from the factory to the dealership. The fee is not negotiable and is generally the same amount no matter how far or near you live from the factory. Customer Rebates These are different from manufacturer-to-dealer incentives and don’t impact the actual transaction price; the consumer generally has the choice to apply these funds against the sales price as a down payment or to accept a check for the amount of the rebate or incentive. Dealer Incentives Manufacturer to dealer incentives and rebates are programs offered by the manufacturers to increase sales of slow-selling models, or to reduce inventory levels. Incentives can take the form o f either direct cash back or low-rate financing offers. If both financing and cash are offered for the same model, the buyer must choose which he or she would prefer. TMV® True Market Value prices are statistically modeled estimates of actual market transaction prices. They are based on actual transaction prices that are used as inputs into Edmunds.com’s proprietary statistical model. Color Adjustment The price of a new vehicle may differ based on your choice of color and the area in which you are looking for this color. TMV® uses actual transaction data to calculate this adjustment. Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 Regional Adjustment Market price for the base configuration of this vehicle, regionally adjusted using the zip code entered. This figure does not include optional equipment and destination charges.
About True Cost to OwnSM (TCO) Edmunds.com’s True Cost to OwnSM is a proprietary tool that helps you estimate the total five-year cost of buying and owning a vehicle - including some items you may not have taken into consideration. A benefit of using this tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice. The costs that we estimate include depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance and repairs. In order to estimate certain mileage-dependent costs, we assume that vehicles have been driven an average of 15,000 miles per year. For used vehicles, we calculate mileage using the nominal difference between the current calendar year and the vehicle’s model year. Note that TCO is a comparative tool, not a predictive tool - your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.
How We Calculate True Cost to Own The True Cost to OwnSM calculations use the following set of assumptions: ·
Ownership expenses are considered over a five-year time span
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You will drive an average of 15,000 miles per year
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You are financing the vehicle using traditional financing, not lease financing
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You are in the Silver credit tier for the purpose of determining your finance rate
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You are putting a 15% down payment on the vehicle at purchase
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Your retail contract term is 60 months
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You represent the average demographic for insurance rate consideration
Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We do not account for special offers from the manufacturers (i.e. cash rebates or subsidized APR), which may result in a lower net cost of ownership. This is due to the variability in the offers as well as the eligibility rules for such offers.
Explanation of True Cost to OwnSM Terms Depreciation This is the amount by which the value of a vehicle declines from its purchase price. The purchase price employed is the vehicle’s True Market Value® price in your state (including typical equipment and destination charge). The resale value assumes the vehicle will be in “clean” condition, will be driven an average of 15,000 miles per year, and will be sold to a private party. Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 Insurance This is the estimated average annual insurance premium being charged by insurers in your state. The premium has been determined based on industry-wide, state-by-state data from the National Association of Insurance Commissioners (NAIC)* for all makes, models, drivers, usage/mileage, etc. for the major coverages (liability, comprehensive and collision), and vehicle-specific rating data from three of the country’s largest insurance companies. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle. * Data from the NAIC’s most recently available Average Auto Expenditure and Premium report has been used in this calculation. The NAIC does not endorse or support any analysis or conclusions based upon the use of this data. Financing This is the interest expense on a loan in the amount of the True Market Value® purchase price (including typical equipment) plus the destination charge and the base sales tax and initial fees for your state, assuming a 15% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are charging consumers in your geographic region who are in the Silver credit tier (which encompasses the majority of the car-buying population) of the Edmunds.com Finance Rate Estimator. Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to OwnSM is still appropriate because it reflects the “opportunity cost” of the return you could have made if you had invested the Purchase Price elsewhere. Taxes & Fees Sometimes referred to as DMV fees, this consists of the base sales taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are frequently based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value. Note that the state sales tax that we use does not include any adjustments for local or county taxes. Fuel This expense is based on EPA mileage figures, assuming consumption consists of two-thirds highway and one-third city driving, and that the vehicle has an automatic transmission unless automatic is not available. Cost estimates are based on self-service prices, using an average mix of two-thirds regular grade and one-third mid-grade gasoline; premium gasoline for vehicles whose manufacturers recommend premium grade; or diesel fuel for diesel models. Maintenance This is the estimated expense of two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.
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2010 Honda Accord EX V6 Repairs This is the estimated expense for repairs not covered by the vehicle manufacturer’s warranties over the five years from the date of purchase, assuming an average of 15,000 miles are driven annually. This expense is based on the cost of a typical “zero deductible” extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider’s overhead and profit. Purchase Price For new vehicles, the Purchase Price Total shown is the sum of the vehicle’s True Market Value® (TMV) price, typically equipped options, destination charge, base tax and fees for the state, and, if applicable, guzzler tax. For used vehicles, the Purchase Price Total shown is the sum of the vehicle’s Private Party TMV® price in “clean” condition, typically equipped options, and base tax and fees for the state.
Explanation of the True Cost to Own Ratings Operating cost These are the ongoing “out of pocket” costs associated with owning and operating a new vehicle: Financing, Insurance, Taxes & Fees, Fuel, Maintenance, and Repairs. This rating displays the vehicle’s relative ranking in terms of operating costs when compared to the other vehicles in its category. Depreciation cost This is the amount by which the value of a new vehicle declines from its purchase price as defined by its Edmunds.com True Market Valuereg; price. This rating displays the vehicle’s relative ranking in terms of depreciation percentage when compared to the other vehicles in its category. Category Edmunds.com uses 24 vehicle categories. Sedan under $15K
Convertible over $45K
Coupe under $15K
Sedan under $25K
Compact SUV
Coupe under $25K
Sedan under $35K
Midsize SUV
Coupe under $35K
Sedan under $45K
Large SUV
Coupe under $45K
Sedan over $45K
Compact Truck
Coupe over $45K
Convertible under $25K
Large Truck
Wagon under $25K
Convertible under $35K
Minivan
Wagon under $35K
Convertible under $45K
Van
Wagon over $35K
Explanation of Financial Calculators’ Terms Vehicle Sales Price (Before Customer Cash Incentives) The price you pay for the vehicle. When you select a specific vehicle, Edmundspre-populates this field with the sum of the Edmunds.com True Market Value® price for your state and the applicable destination charges. Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 State Sales Tax Percentage The state and local sales taxes levied on the Vehicle Sales Price. Edmunds pre-populates this field based on your state, if you have entered a ZIP code. State sales tax often includes a supplement levied by individual cities or counties, so you should adjust this amount accordingly. Note that the sales tax levied on your vehicle will be based on the state and locality in which the vehicle is registered. Title, Registration & Other Costs Fees and charges customarily charged, including vehicle title, state registration, dealer documentation, government fees, service contracts and any additional equipment not included in the Vehicle Sales Price. Additional equipment may include “aftermarket” equipment that is installed by the dealer before delivery. Customer Cash Incentives The amount offered by the manufacturer to encourage the lease/sale of selected vehicles. This is normally credited as a down payment against the Vehicle Sales Price. Cash Down Payment For a vehicle purchase, the amount of your down payment. For a vehicle lease, an initial payment that reduces the capitalized cost (i.e., the amount you finance) or that is applied to other amounts payable at lease signing. My Trade-In Value The value of your old vehicle credited towards the purchase or lease of the vehicle you are acquiring. You can find the value of your current used vehicle by using the Used Vehicle Appraiser. Finance Rate (APR) For a vehicle purchase, the annualized cost of credit, expressed as a percentage. Edmunds prepopulates this field with the Silver-tier finance rate value from the Edmunds.com Finance Rate Estimator for your geographic region and for the loan term you select. This interest rate is the prevailing rate being charged by banks and other direct automotive lenders to consumers who fall into the third-highest credit tier (which encompasses the majority of the car-buying population). Finance Term (months) For a vehicle purchase, the number of months of the term of your loan. Edmunds uses a default finance term of 48 months. Miles Driven/Year The average number of miles you expect to drive each year during the finance or lease term. Edmunds uses a default of 15,000 miles/year. Lease Term (months) For a vehicle lease, the number of months of the term of your lease. Edmunds uses a default lease term of 36 months. Lease Residual Value The leasing company’s assumption of what the vehicle will be worth at the end of the lease term. The higher the residual that is used, the lower your monthly payments will be. Money Factor Also called the “lease factor,” this is the implicit interest rate you are charged in a vehicle lease. Money factor is a method of expressing an interest rate that is more suited to computing your monthly Edmunds.com Research Reports Model Overview
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2010 Honda Accord EX V6 payments. It is calculated by dividing the percentage interest rate by 2400 (regardless of the length of the loan). For example, 7.2% interest expressed as a money factor is 0.003. Edmunds pre-populates this field with the Silver-tier finance rate values from the Edmunds.com Finance Rate Estimator for your geographic region and for the financing term you select. See Finance Rate (APR) above. Acquisition Fee For a vehicle lease, a fee charged by the leasing company that covers a variety of administrative costs, such as the costs of obtaining a credit report, verifying insurance coverage, checking the accuracy and completeness of the lease documentation, and entering the lease in data processing and accounting systems. This charge may also be called a bank fee, an administrative fee or an assignment fee. Disposal/Purchase Fee For a vehicle lease, the fee charged by the leasing company to defray the cost of preparing and selling the vehicle at the end of the lease, if you decide not to purchase the vehicle. If you do elect to purchase the vehicle, the fee may be imposed by the leasing company to defray the costs of transferring title to the vehicle. Security Deposit For a vehicle lease, the amount you may be required to pay, usually at the commencement of the lease, that may be used by the leasing company in the event of a default. Any unused amount will be refunded to you at the end of the lease term. Estimated Payoff on Trade The amount still owed on the current financing, if any, on your trade-in. When you trade your vehicle into a dealer, the dealer will normally pay off the loan balance to secure clear title. The difference between the trade-in value and the actual payoff on the trade is treated as a credit/debit against the Vehicle Sale Price. Special Finance Rate (Low APR) For a vehicle purchase, a lower subsidized finance rate offered by the manufacturer or dealer to encourage the sale of selected vehicles. MSRP Manufacturer’s Suggested Retail Price, sometimes called the “sticker price.” The amount that the vehicle manufacturer recommends that dealers charge for the vehicle.
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