The Vibe and the Matrix ARE the same car with different trim as well. As a
percentage of the original drive home price, the Vibe will most likely have
the best return, since the Matrix costs an average of $1,500 to $2,000 more
to drive home when equipped the same.
However the smarter ones are buying the Vibe because they know the Matrix
costs an average of $1,500 to $2,000 more to drive home when equipped the
same and the value of a used Matrix in five years will not be $1,500 to
Absolutely correct. Unless minor styling differences made the vibe
'ugly' for a buyer, one who was educated would buy the Pontiac over the
however, Mike, do you also see how this is the problem (or at least 1
part of the problem) GM has? 2 cars, built on the same line with the
same quality. GM charges (say) $2k less than Toyota.
now, Toyota's responsibility is to maximize shareholder value. So is
the problem is that GM's reputation from the past 20-30 years has eroded
it's name-brand. Therefore, they CAN NOT charge the same as toyota,
because of people's opinions of them (poor quality, whatever).
So, GM might make a couple-hundred off each vibe, but for the same per-
unit cost Toyota is making an extra $1.5k! Money Toyota can pump back
into engines, structures, and research.
It's a shame, but it's a fact of GM's life. Higher union costs, higher
legacy costs, and a lower opinion in the marketplace leads to slimmer
or, 10+ billion in losses.
Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here.
All logos and trade names are the property of their respective owners.