“Stepping up to a midsize is basically a no-brainer for buyers at this point,” CarsDirect’s senior price analyst Alex Bernstein tells TTAC.
With demand for midsize sedans drying up, deals on aging models are warming up.
Now in its sixth model year, the 2017 Volkswagen Passat 1.8T S — the entry-level Passat — is available in June for a 36-month lease at $189 per month and $1,999 due at signing.
The 2017 Honda Accord, a new version of which is due later this year, is also available in June in basic LX trim on the same terms.
Meanwhile, the mid-grade 2017 Toyota Camry SE 2.5, set to be replaced in the coming months by an all-new model, is likewise available in June for $189 per month with $1,999 down over 36 months.
“This is about as cheap as lease deals have ever been on these midsize sedans,” Bernstein says. But it actually gets even cheaper, marginally cheaper, according to CarsDirect’s examination of 500 lease deals.
Call them frenemies. BMW and Toyota are working together on a high-profile sports car project that will result in a long-awaited Supra successor and a replacement for the Z4. Two heads are better than one.
“The concept works, the platform can deliver and now we have two proud sets of engineers — one group German, one group Japanese — who are each fighting and arguing for the car they want,” BMW sales boss Ian Robertson said last year.
The fighting and arguing extends beyond the R&D facilities in Munich and Toyota City.
No. BMW chose the most basic, beige, new Toyota Camry to make a point on behalf of a bright red pre-owned 3 Series.
Hardly the work of a BFF.
Gil’s my next-door neighbor. We live in very similar homes, we share a fondness for canine companions, and we would both happily live on pizza alone.
But Gil and I couldn’t be more different. Gil is cool, you see.
Gil’s young; I’m not not as young as I used to be. Gil can change the alternator on an old Ford Explorer in mere minutes; I can change a lightbulb if given time. Gil goes out on Friday nights; I have little children to put to bed.
And while I spent the last week driving a basic version of the outgoing 2017 Toyota Camry Hybrid, Gil pulled his Suzuki Katana out of storage. Yes, Gil drives a motorcycle. I drive a silver Camry Hybrid LE.
But who does Gil call in the middle of a workday when his Suzuki breaks down?
Camry Man, naturally. Mr. Dependable.
Is this the best car in the world?
Not necessarily this car, but the 2002-2006 XV30-generation Toyota Camry in general. Is this Camry better than all the rest?
It doesn’t handle like a modern Mazda 6, doesn’t stop as well as a modern F-150, doesn’t have the perceived interior quality or features of a modern Honda Fit, and has suffered greatly from the effects of alloy wheel corrosion over the last winter.
But the 2004 Toyota Camry LE V6 we told you about last fall just made its way through another harsh, Prince Edward Island winter. Another 7,000 miles were smeared across its odometer. One trip was taken all the way from Prince Edward Island to Toronto; another from Prince Edward Island to Hamilton, Ontario, and another from Prince Edward Island to Mont Tremblant, Quebec.
Credit a single oil change.
My long-standing personal vendetta against DLO FAIL — an internet-slang definition of black plastic “ cheater panels” — takes center stage in this episode of Detroit Auto Show coverage.
Consider this: if manufacturing and design teams cannot decide on the same roof, if they cheat to make it right, did they design something worthy of the auto show lights?
I [s]complain[/s] report, you make the final decision!
“When you get into next year and you look at 2018, I believe with these three products
and the excitement they bring back to that segment, I don’t see it falling anymore.”
– Jack Hollis, Toyota Motor Sales USA’s VP of marketing
U.S. sales of midsize cars tumbled by more than 250,000 units in 2016 even as new vehicle volume rose to record highs. The rate of decline was sharper than the decline experienced by the car sector at large. Only Chevrolet, with the all-new Malibu, and Subaru, with the relatively low-volume Legacy, sold more midsize cars in 2016 than in 2015.
Fleet sales excluded, retail data manifests a worsening of results as the year wore on. According to J.D. Power’s PIN December Industry Health Report, midsize car market share fell below 10 percent for the first time ever.
But Toyota USA’s marketing chief, Jack Hollis, believes 2017 could mark the end of the midsize decline, and 2018 sales of midsize cars could even begin to increase.
Toyota is hoping to inject some vigor and flair into the best-selling car in America. With the midsize-car market shrinking thanks to affordable gas and a generational shift toward crossovers, the Camry has lost ground for the second consecutive year. While it is undeniably clear that something needs to be done to recapture buyers’ attention, the methodology behind Toyota’s response is more enthusiastic than sound.
The company says the 2018 Camry has a new “emotionally-charged design,” but the mood its designers tapped into must have been bitter sadness. It is an almost unfortunately futuristic modeling of a car. Following some of the Prius’ head-scratching styling cues, the Camry’s new look stands to be extremely polarizing.
Its face is exaggerated and slightly hostile, though the merkinized grille seems to be covering up a damaged — or perhaps missing — piece of bumper. Thankfully, appearances aren’t everything.
Sometimes a manufacturer churns out a base trim that — all things considered — might just be a great choice for that particular model. Here’s an example.
It’s the end of the year, which means the internet is awash with anodyne Best Of pieces, designed to distract readers from the fact that journalists are deep into their third consecutive forty-ouncer of Mohawk vodka and too blitzed to write original material in the week between Christmas and New Year’s. This piece may qualify in that vein.
Let’s coast over to Mr. Cain’s handy sales charts, shall we? Hmm. Which nameplates are expected to occupy the podium once all the deals are tallied for 2016? Can we do an Ace of Base on one of those? *swigs vodka straight from the bottle* Hmm. F-Series? Nope. Already done that. Silverado and Ram are similar propositions; no help there. Ah! The first actual car on the list. It’s the … oh, crap. Alright, let’s get this over with.
I had somewhat of a unique high school experience, in the sense that it was the most after-school special, stereotypical experience possible. I went to a suburban school with just the right amount of ethnic diversity — which is to say that even the black and Hispanic and Asian kids listened to Pearl Jam and wore Ralph Lauren.
When it came to our first cars, we didn’t just go down to the local dirt lot and buy something with our savings from fast food jobs. No, we were spoiled brats who were given sensible compact to mid-sized sedans by our parents. We didn’t lust after MK II GTIs or Geo Storms — no, we sat around the lunch table in 1994 and debated the merits of the fifth-gen Honda Accord, the basic but steady Ford Taurus, and the GOAT XV10 Toyota Camry, especially the blingy “American Edition.”
As for me, I had my heart set on the recently introduced Nissan [s]Stanza[/s] Altima.
Midsize cars just don’t excite like they used to. North American buyers have happily made the switch to voluminous crossovers and SUVs, turning the once top-ranked segment into a raisin on the vine.
Toyota hopes to change that, announcing that next month’s North American International Auto Show will reveal the next generation of the first midsizer off anyone’s lips — Camry. Perhaps realizing that name recognition and safe styling is no longer a surefire plan for sales dominance, the automaker has scheduled its uber-sensible sedan for an image makeover.
Having endured 12 hard Canadian winters on an island covered in red dirt, this 2004 Toyota Camry is about to enter its thirteenth; its tenth since my father-in-law took ownership.
That red dirt is truly key to the story, because its color comes from Prince Edward Island’s high iron oxide content. Yes, that iron oxide. Rust.
But the Camry, undercoated three times since 2007, is an almost rust-free wonder with nearly 340,000 miles under its belt.
This is the fifth overall edition of TTAC’s Midsize Sedan Deathwatch. The midsize sedan as we know it — “midsizedus sedanicus” in the original latin — isn’t going anywhere any time soon, but the ongoing sales contraction will result in a reduction of mainstream intermediate sedans in the U.S. market.
How do we know? It already has.
U.S. sales of midsize cars plunged by 20 percent in October 2016, a year-over-year loss of nearly 39,000 sales for a segment that was already down by nearly 195,000 through the first three-quarters of 2016.
American consumers, businesses, government agencies, and daily rental fleets are still on pace to purchase and lease more than two million midsize cars in calendar year 2016. Of course, Americans had already purchased and leased more than two million midsize cars at this point in 2015, when the midsize sedan decline was already underway.
Regardless of what came before, October’s results were a punch in the midsize sector’s gut, as total sales fell by a fifth because of declines reported by every player in the category.
Save for the Subaru Legacy.
This is the fourth overall edition of TTAC’s Midsize Sedan Deathwatch. The midsize sedan as we know it — “midsizedus sedanicus” in the original latin — isn’t going anywhere any time soon, but the ongoing sales contraction will result in a reduction of mainstream intermediate sedans in the U.S. market. How do we know? It already has.
As more proof of a struggling midsize sedan sector, September 2016 sales tumbled 11 percent year-over-year, a loss of more than 21,400 U.S. sales for a segment that was already losing an average of 21,600 sales per month during the first two-thirds of 2016.
The Toyota Camry, America’s top-selling midsize car and the most popular car in America over the last 14 consecutive years, was outsold by its own compact sibling in September. Yet the Camry’s sales decline, in line with the segment average, was by no means unusual in September. Aside from a modest Nissan Altima increase and a jump in sales of the new Chevrolet Malibu, every midsize nameplate generated fewer sales this September than last.
There will always be a place in the American market for the conventional midsize sedan.
Despite harsh declines in recent months, consumers are still on track to register more than 2 million midsize cars in calendar year 2016. In fact, a handful of nameplates — Accord, Legacy, Malibu — are attracting more buyers this year than they did in the first two-thirds of 2015.
But U.S. sales of midsize cars are now falling with a special kind of speed, plunging 26 percent in August, a loss of nearly 58,000 sales over the span of just one month.
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- Inside Looking Out For midsize sedan it is too small. It basically is a compact car.
- Stodge I test drove the 200S and damn, its suspension was so firm, I was convinced it didn't actually include suspension at all. It hurt my spine and hip, it was that firm.
- MRF 95 T-Bird If Mopar had only offered sport hatch versions of the 200 and or Dart they might have sold more of them for folks who wanted some more versatility without having to go for a small utility Compass Patriot or new at the time Renegade or Cherokee.
- El scotto I started driving in the late 70's. The cars high school kids could afford and wanted were very very worn out muscle cars. Oh Lordy those V-8's bring back some happy memories. Oh there some outliers in my crowd, a VW Bug and a Dodge Scamp with slant six; neither car would die. In 10 years their will be young people wanting very used Teslas or Dodge's with hemis. B&B, I say that if someone is excited about their EV, Hybrid, or Hemi welcome them to the club of people who like cars.
- El scotto Farley and Billy Ford need to put on some jeans, flannel shirts and PPE. They should (but never will) walk the factory floors and ask "what is wrong?", "what could we be doing better?"Let me caveat that. Let Jimmy and Billy explain that any constructive criticisms will be non-attributable. Oh they can use platitude like making the house level again or setting the ship on the right course.Sadly I suspect than many, many Power Points will die in vain in the executive suites in Dearborn. At least three if not four very expensive consulting teams will be hired to review Ford's QC problems. Four consulting teams will mean four different solutions. None them will be put in action. Ford will still have huge QC problems.