Camry is the car most frequently traded in for Malibu

Isn't the Camry the best selling car? Wouldn't that itself make it the car most likely traded in?

And the great thing is that after four years the Malibu buyer will be ready for a new Malibu, whereas the Camry owner will be driving his or her vehicle for twelve to fifteen years.

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Well, I wouldn't be so sure. GM, Ford and even Chrysler make some good cars. My Ford Contour is 11 years old and still going strong.

The Malibu might or might not be one of those.

Jeff

We'll see if that holds up in 3-4 years when durability and out of warranty costs are measurable. A reputation for bad quality could emerge earlier if problems pile up even under warranty. Good Wrench service is not what I would want to be dealing with if problems arise. Remember, Renault Alliance was the "car of the year" when it first came out. Real quality and satisfaction is realized after the shine wears off, the warranty ends, and you pay for the design flaws and corner cutting out of your own pocket. Resale value is the measure of value. Is the new Malibu a Fad? We'll see.

If Malibus can go 100-200k without major issues, and minor repairs nickel & diming you to death, then they may capture some of the Camry/Accord/ Altima market. for the long haul. Camry didn't build it's reputation overnight. Malibu has built a reputation over several years.

Interesting that GM would say that right after news of them losing the number one spot in sales to Toyota... despite Toyota not having an edge on the Truck Market.

Yes Sir!

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That's the great thing about getting stuck into a trade in mixer with Chevy and Ford. You can never get out until you file bankruptcy.

Yeah, but people actually pay $200 more on average?

Detroit paid $65/hour for employees to mow grass (GM's former Delphi subsidiary) while Toyota built more compact/fuel sipper cars that people want.. No surprise there.

GM can build cars as reliable as the Lexus, sure if Malibu is one remains to be seen. So anybody want a Buick or Lexus? Not me.

NEW YORK (CNNMoney.com) -- For the first time in 12 years, Toyota's Lexus luxury brand has to share its top rank in J.D. Power and Associates' annual Vehicle Dependability Study. And it has to share it with an American car.

General Motors' Buick brand tied Lexus in the study, which measures the number of problems owners experience with their cars after three years of ownership.

Apparently, they think it is worth more. In addition, that might be the cost before rebates and other incentives.

Jeff

The

I agree. IMHO, Toyota has some new competition. I have no doubt they're looking hard at this car.

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But the Camry with 150,000 miles on it will still be worth quite a bit more then the Malibu.

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I gotta admit, my LHS was 11 years old when I got it, and went 2 years and

20,000 miles with no problems.

But repairing the AC was going to cost ~$2500...

According to the article, the price reflects rebates and incentives.

Buying a new model redesign is never a good idea, it takes years to get out the bugs

Don't worry, even if this car is a hit, the extortioning UAW will put a halt to that. Great time to take the company down.

That's about right.

When GE was building large transformers in Pittsfield, MA, the union always had their panties in a bunch. One of my friends said his uncle always said, "We'll bring this company to it's *KNEES*!"

Well, they did. Jack Welsh took over and saw all the trouble in the transformer division, and sold it to Westinghouse. Engineers were retained and sent to Westinghouse to help them set up, but the Rank and File were given pink slips. Ok, pal, you brought the company to it's knees! Happy?

They replaced the transformer division with Plastics; all engineers and beancounters. General laborers need not apply...