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Ford Tops in Vehicle Residual Value

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Old 01-21-2010, 03:22 PM   #16
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Re: Ford Tops in Vehicle Residual Value

go USA
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Old 01-21-2010, 06:13 PM   #17
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Re: Ford Tops in Vehicle Residual Value

Two of those links are 3 years old, and one is 18 months old, and none are from JDP. Hardly current. They don't support your initial assertion, either. The 4th reports numbers that indicate Ford is tops in initial quality, but isn't from JDP. Initial quality is not quite the same thing as "quality". At all.

Here is the press release for the JDP link I posted above, if anyone wants to take a look at the details.
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Old 01-22-2010, 08:38 AM   #18
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Re: Ford Tops in Vehicle Residual Value

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Originally Posted by cpayne5 View Post
Two of those links are 3 years old, and one is 18 months old, and none are from JDP. Hardly current. They don't support your initial assertion, either. The 4th reports numbers that indicate Ford is tops in initial quality, but isn't from JDP. Initial quality is not quite the same thing as "quality". At all.

Here is the press release for the JDP link I posted above, if anyone wants to take a look at the details.

I always wondered what initial quality meant. Apparently from my research it is just how well the car performs in it's first three months, pffff...who cares. I want to know if it will least 10 years and 200k miles if it can do that the first three months should be a cake walk.

Some of these awards are just marketing tools.

Interesting read:

Ford Surpasses Honda In Initial Quality and Ties Toyota (The Torque Report)
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Old 01-22-2010, 11:00 AM   #19
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Re: Ford Tops in Vehicle Residual Value

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Originally Posted by cpayne5 View Post
Two of those links are 3 years old, and one is 18 months old, and none are from JDP. Hardly current. They don't support your initial assertion, either. The 4th reports numbers that indicate Ford is tops in initial quality, but isn't from JDP. Initial quality is not quite the same thing as "quality". At all.

Here is the press release for the JDP link I posted above, if anyone wants to take a look at the details.
I never said the quality reports were the purpose of the thread, they hit the top of the lists a few years ago. This thread is about Ford topping the Residual Value charts.

We get it, you're not a Ford fan.
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Old 01-22-2010, 11:53 AM   #20
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Re: Ford Tops in Vehicle Residual Value

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I never said the quality reports were the purpose of the thread, they hit the top of the lists a few years ago. This thread is about Ford topping the Residual Value charts.

We get it, you're not a Ford fan.
I had two issues with the first post. The first being the title (which didn't accurately reflect what the article's text said), and the second being this sentence: "After surpassing Toyota in quality (according to JD Power), now they beat Toyota in another key category:". You didn't, and still don't have any evidence to back up that statement.

Who said I'm not a Ford fan? Did you not read my previous posts? I'm fairly brand agnostic (Chevy, Honda, Toyota, and Chrysler all represented in my garage). Give me the $60k for an F450, and I'll gladly add it to my stable. I also made a strong case for a Ford Fusion when Daseal was looking to buy a new car a few months ago.

I'll end with this quote from my first post...
Quote:
Ford has earned the credit being heaped on them. Bashing other companies in the name of Ford's success, is not warranted, IMO, though.
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Old 01-22-2010, 11:55 AM   #21
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Re: Ford Tops in Vehicle Residual Value

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Originally Posted by mredskins View Post
I always wondered what initial quality meant. Apparently from my research it is just how well the car performs in it's first three months, pffff...who cares. I want to know if it will least 10 years and 200k miles if it can do that the first three months should be a cake walk.

Some of these awards are just marketing tools.

Interesting read:

Ford Surpasses Honda In Initial Quality and Ties Toyota (The Torque Report)
Yep, it's a reliability survey that accounts for the first 90 days of ownership.
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Old 01-22-2010, 12:23 PM   #22
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Re: Ford Tops in Vehicle Residual Value

I own a Ford Van. It isn't fuel savvy but I don't care. Old ladies have a knack for running into me. Ford has a long track record of having a serious beef with the Gov going back to Henry Ford. So that's cool in my book. I've had a Hundai before and it was a good vehicle as well. Automobiles in general these days will last a long time if you keep up with them. I usually jack mine up with K&N filers, top off the line fluids, and check on them constantly. I wish Ford would manufacture more autos in the US. If Congress put some tariffs on autos not made in the US maybe . . . Perhaps the UAW would stop trying to kill the golden goose too?
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Old 01-22-2010, 01:01 PM   #23
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Re: Ford Tops in Vehicle Residual Value

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I own a Ford Van. It isn't fuel savvy but I don't care. Old ladies have a knack for running into me. Ford has a long track record of having a serious beef with the Gov going back to Henry Ford. So that's cool in my book. I've had a Hundai before and it was a good vehicle as well. Automobiles in general these days will last a long time if you keep up with them. I usually jack mine up with K&N filers, top off the line fluids, and check on them constantly. I wish Ford would manufacture more autos in the US. If Congress put some tariffs on autos not made in the US maybe . . . Perhaps the UAW would stop trying to kill the golden goose too?
i should have figured you would think this.
and by the way....
Toyota Motor Sales U.S.A. said today that it would recall 2.3 million vehicles for sticking accelerator pedals, in addition to the 4.2 million Toyota and Lexus vehicles already being recalled.
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Old 01-22-2010, 01:16 PM   #24
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Re: Ford Tops in Vehicle Residual Value

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i should have figured you would think this.
and by the way....
Toyota Motor Sales U.S.A. said today that it would recall 2.3 million vehicles for sticking accelerator pedals, in addition to the 4.2 million Toyota and Lexus vehicles already being recalled.
I'm not saying all trade unions are bad. Many of my relatives are union. I'm just saying some of the UAW's policies make the companies they work for uncompetitive in the US and Canada.
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Old 01-22-2010, 02:10 PM   #25
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Re: Ford Tops in Vehicle Residual Value

remember that there was always 2 sides sitting at the table when negotiating. and i agree with the tariff on non U.S vehicles
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Old 01-22-2010, 02:28 PM   #26
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Re: Ford Tops in Vehicle Residual Value

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remember that there was always 2 sides sitting at the table when negotiating. and i agree with the tariff on non U.S vehicles
By all means, management were fools for signing off on some of these contracts. The end result is still the same. I'm for tariffs on vehicles manufactured outside the US. If it's a Toyota coming out of Alabama, I'm cool with that. That's an American family putting bread on their table.

Does the UAW hire illegals? I know the Carpenter and Joiners do in CA. The local Electric 666 runs them off every job they get from what I hear.
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Old 01-22-2010, 04:53 PM   #27
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Re: Ford Tops in Vehicle Residual Value

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Yes they have. I've owned my Ford for 9 years now, but have no major problems (just alternator and leaky water pump, common and easy repairs), so I haven't had a reason to replace it. Probably will in the next couple of years, but they've been doing great for a while now. Toyota has been on a bit of a downslide with quality (Comsumer Reports was exposed to be re-using old quality surveys on Toyotas for a few years while newer models were having more issues).

It's amazing how people have the stereotypes in their minds and can't be changed...Toyotas and Hondas = Good, Fords = Bad!

The best part about Ford's story, they refuse to take Government handouts/bailouts...they're doing it all on their own.


Don't you have a Fusion, Matty? Love those cars.

My first car was a 1989 Ford Thunderbird SC, pretty decent car. Since then i have had a Mercury Topaz (bad transmission) and a Exporer (bad engine, transmission and something else that was going to cost 1k+ to fix). All my Explorer problems happend at different times. I finally broke down and bought a Honda.

Ford has made major strides, but years of a producing a crappy and inferior product is going to take a while to fix.

Think of McDonalds everything they had sucked 5 years ago. Now the menu is vastly improved, restaurant quality is near the top in their industry, and their core products are better because they are made or anticipated to order (they dont just sit under a heat lamp any more). But i think a lot of people here would never go to a McDonalds just because of their old perception of the place.
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Old 01-22-2010, 10:37 PM   #28
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Re: Ford Tops in Vehicle Residual Value

it was 2 seperate points. sorry for my lack of clarity
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Old 01-27-2010, 05:17 AM   #29
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Re: Ford Tops in Vehicle Residual Value

and now this
Toyota halts US sales of Camry, 7 other models
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Old 01-27-2010, 10:06 AM   #30
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Re: Ford Tops in Vehicle Residual Value

Today's news: Toyota made 2 million cars with accelerators that can stick and drive you into a building, lake, person, etc. They're suspending the production AND sales of 8 models nationwide.

I have a co-worker whose daughter had a Highlander's pedal stick on her, very scary. She also has an affected Avalon herself.

This is SEPERATE from their prior "floormat floors it for you" defect/recall.

Toyota's quality continues to go down the drain in the past few years. They've peaked.

Quote:
Toyota suspends U.S. sales of 8 models in recall - Yahoo! News

Toyota suspends U.S. sales of 8 models in recall

TOKYO/DETROIT (Reuters) Toyota Motor Corp will suspend U.S. sales of eight models subject to a massive safety recall, an unprecedented move that sent its shares tumbling and raised questions about the timing of its earnings recovery.

Toyota said it would also halt production of the models, including the best-selling Camry, at plants in the United States and Canada in the first week of February.

Shares in the world's biggest automaker suffered their biggest slide in eight months, falling 4.3 percent in a Toyko market down 0.7 percent on Wednesday.

Last week, Toyota announced it would recall 2.3 million vehicles in the United States to fix potentially faulty accelerator pedals, its second large recall in four months in the United States, its biggest market.

The series of recalls threaten to damage Toyota's reputation for safety and quality that helped it ascend to the top of the global auto industry.

"This unprecedented automotive decision indicates how serious a safety problem this is," said Michelle Krebs, senior analyst at Edmunds.com. "We've gone from floormats to recalls for wear items to a full shutdown, and I can't help but think that the company's credibility is being called into question."

Toyota said the production halt would initially last a week before being reviewed. Officials could not recall a sales or production suspension resulting from vehicle defects on such a scale.

Toyota is considering whether it needs to issue a recall in Europe as well, where the same parts are used for some models.

EARNINGS THREAT

The sales and production suspension could also affect its earnings in the near term.

"The recall itself won't be a big problem for Toyota's earnings, but suspending production and sales could have a big impact depending on how long it lasts," said Koji Endo, an auto analyst at Advanced Research Japan.

Battered by a plunge in global sales brought on by the financial crisis, Toyota has forecast a 350 billion yen ($3.9 billion) operating loss for the year to March -- a projection widely regarded as conservative.

It was expected to post a operating loss of around 47 billion yen in the year to March 2010, before rebounding to a 599 billion yen profit in 2011, according to 19 analysts polled by Thomson Reuters I/B/E/S.

"There is a chance that Toyota could swing to profit this business year, but this sales and production suspension may have a certain impact," Endo said.

Toyota said this week it expects a 6 percent rise in group-wide global sales to 8.27 million units in 2010, but according to a company spokesman in Tokyo, the outlook does not take this sales suspension into account.

The sales suspension and recall includes Toyota's top-selling vehicle in North America, the Camry, for model years since 2007.

Also included are the 2009-2010 model year RAV4, Corolla and Matrix, the 2008-2010 model year Sequoia, the 2007-2010 model year Tundra, the 2005-2010 model year Avalon and the 2010 model year Highlander.

19,000 CARS A WEEK

Annual combined sales of these models are 1 million cars in North America, more than half of Toyota's annual sales there last year, according to Advanced Research's Endo. It is more than 2,700 units a day or 19,000 cars a week.

"In this highly competitive market, no automaker -- not even Toyota -- can afford to stop selling its cars and trucks for long, but perhaps Toyota is banking on the idea that customers will appreciate the priority of their safety in this decision," commented Edmunds.com Senior Analyst Jessica Caldwell.

Bob Carter, Toyota U.S. group vice president, said the world's No.1 automaker is taking the actions to ensure safety and restore confidence in Toyota among consumers.

"This action is necessary until a remedy is finalized," Carter said in a statement. "We're making every effort to address this situation for our customers as quickly as possible."

The plants where the models are made are located in Indiana, Texas, Kentucky, and in Ontario.

($1=89.22 Yen)
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