Obviously you were not a math major

mike hunt

"dh" <dh (AT) stargate (DOT) com> wrote

"Mike Hunter" <mikehunt2 (AT) mailcity (DOT) com> wrote

Oh? Point out the error. My assumption here, in case it wasn't clear, is
that the Pontiac and Toyota hit similar relative price points back when
first introduced. So, as a percentage of value retained, this calculation
is a valid guide. Point out the error or refute the assumption. Provide
evidence.

By your figures, it looks like the Vibe lost a slightly higher percentage of
its purchase price than the Matrix.


"DH" <dh (AT) stargate (DOT) com> wrote

You have not purchased a new vehicle lately it appears. You might want to
educate yourself. Go get a total drive home price on a Vibe and Matrix from
dealers in your area then get back to us. NADA list a Matrix at $1,000 more
used than a Vibe but it cost more than $2,500 more to drive home when new.
Therefore the Vibe returns more in dollars as well as a higher percentage of
the original drive home price

mike hunt


"Knotty" <Knot (AT) home (DOT) com> wrote

"Mike Hunter" <mikehunt2 (AT) mailcity (DOT) com> wrote

I have. I bought a Matrix in January for less than an equivalent Vibe. I got
a 2005 XR 4WD, tire and wheel insurance(Chicago potholes), and 4 years of
oil changes and tire rotations for under $20,000 including all taxes and
fees. You might stick to GM groups. Don't bother replying. I won't be able
to see it anymore.

Pat

"Mike Hunter" <mikehunt2 (AT) mailcity (DOT) com> wrote

Edmunds lists the "what other people are paying" price for the Matrix as
LOWER than the Vibe. This includes a rebate for the Vibe but no rebate for
the Matrix. Edmunds has the Vibe at about $700 more.

That's a curious place to cut off the post. What happened to the Toyota
info? Let's get it back.

These links show you MSRP::

2006 Pontiac Vibe: $16,430
http://www.edmunds.com/new/2006/pont....html?action=1

2003 Pontiac Vibe: $10,021
http://www.edmunds.com/used/2003/pon...71/prices.html

10,021/16,430 = 61%

2006 Toyota Matrix: $15,110
http://www.edmunds.com/new/2006/toyo....html?action=1

2003 Toyota Matrix: $10,717
http://www.edmunds.com/used/2003/toy...23/prices.html

10,717/15,110 = 71%

Sooo, if the Vibe costs more up front and the Matrix is worth more after
three years... Well, I guess I'd pick the Matrix to save money.

If you want to adjust the comparison go to those links and ask Edmunds for
"price with options" and then the "tmv pricing report." I didn't select any
options on either vehicle. If you'd like to refute something, post
evidence.

I am a loyal Toyota buyer, I made a vow to not buy anything off the
Toyota lot ...... SO ...... I just bought a 2006 Vibe.

Edmunds gives base prices. The Vibe base comes standard with some
things the Matrix does not. The only additions to the Vibe were the
Power Package (door locks w/remote entry, windows, cruise).

Do not have the exact numbers in front of me right now, but when adding
the "stuff" to make the cars the same ...... Matrix was a bit more
expensive.

The other factors:

1) Local Toyota dealer can't even get Scions, Corollas & Matrixes to
put on the lot. 4 to 6 week wait after ordering.

2) When they did get a car; GONE.

3) Toyota won't deal on price ..... Don't have to.

4) Vibe sticker was $19,150. Walked out (after rebates, discounts, &
TTL) at $17,850.

5) Similar Matrix would be ~$20,500 + TTL.

6) Vibe available in Salsa color, Matrix not.

7) Pontiac dealership more personable. Call owner at home with any
problems.

So far so good. 2 tanks, both 25 mpg in city. Will test the highway
MPGs this weekend.

"Ripley" <Bruce.Ripley (AT) gmail (DOT) com> wrote:

Does anyone know whether the Vibe and the Matrix look exactly the
same?...year for year I mean...
--

-Gord.
(use gordon in email)

It's too bad the depreciation is so much greater on the Pontiac.


On 27 Oct 2005 00:01:54 -0700, "Ripley" <Bruce.Ripley (AT) gmail (DOT) com>
wrote:

"Ripley" <Bruce.Ripley (AT) gmail (DOT) com> wrote

If true, then I might consider the Pontiac variation myself. I think it's
better looking than the Matrix, anyway. However, around here the Toyota
dealer will deal. Maybe he's better connected than the dealer in your area
and gets higher priority for cars or something.

You do raise a reasonable doubt and if I was planning to buy a Matrix, I
probably would have checked the deals at Pontiac, anyway. Could be the
Pontiac dealer would have a reason to really make a deal when I walked in
and it's still a Toyota under the trim.