Features on PriceHub You May Have Missed

Here are is a quick overview of some of the features you may have missed on PriceHub:

The average, actual sold price for a make/model based on the mileage of the car. These numbers are calculated from REAL prices submitted from users, certified Car Dealers, and public auctions. This information is a great way to gauge how much your car is worth based on what other people really paid.

Here is the same dataset graphed with Price vs. Mileage. As expected, you can clearly see that a car's price declines as its mileage increases.

Here are the average prices for the most recent model years. Again, this is a great way to see what what make/model/year a car is worth based on what other people really paid.

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VIN Number added to Actual Prices Paid

We just launched a new feature that we believe will enhance the PriceHub user experience. Moving forward, with many of our actual price paid data points, we're now including the VIN (Vehicle Identification Number) for the vehicle. Now you'll be able to see each actual price record tied to a specific vehicle (not just a random estimate or guess that other car pricing sites use). You'll also be able to verify some of the core details of the car through AutoCheck, an Experian company that provides vehicle history reports. Here is a screenshot of our new feature. Please be patient with us as our car pricing data continues to grow. Thanks for your support!

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PriceHub Certified Transparent Car Dealer: A & H Motors, Concord CA

PriceHub welcomes A & H Motors as its first Certified Transparent Car Dealer.

Based in Concord, CA, A & H Motors is now helping PriceHub with its mission of bringing transparency to car prices. Starting in February, A & H Motors began sharing all of its actual sale prices of cars with PriceHub. These prices are uploaded on a regular basis into PriceHub's database and are available for consumers to review and see what cars are really selling for. The PriceHub team is excited to partner with A & H Motors and encourages everyone in the market for a used car to visit A & H Motors at 2521 Monument Blvd in Concord, CA (800) 687-1185.

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Looking for the latest in performance? Buy a used car.

PriceHub Guest Blogger: Haider Nazar
Twitter: @haidernazar

The global economic crisis has had far-reaching effects on our economy, buying habits and overall way of life. From a consumer standpoint, we have seen many new premium product launches focused more on cost-cutting vs significant improvement in performance. What do these trends mean for you, the car guy? Historically, car fanatics are used to measuring innovation with specific metrics like 0-60, ¼ mile, lb-ft torque, horsepower, cubic inches and top speed.

For 2010, most new car launches are focused on Green Tech vs traditional interest like horsepower. Now I am not an anti-earth guy, but these trends do represent an interesting opportunity for used performance car shoppers. Used car prices have been dropping like an anvil recently. This dramatic price fall is on the heels of an unprecedented performance war that has taken place from 2003-2008. This performance innovation has been the result of many manufacturers participation in Formula 1 and other performance focused R&D initiatives. Bottom line, there are some amazing performance bargains on the used car market…some still under manufacturer warranty.

Deals of 2004-2007 (Current Price/New price/Depreciation)

2006 BMW M5, $38,000 (sold new for $98k, 63% depreciation)

The latest M5 represents the pinnacle of Formula 1 race bred technology filtering down to production. This high revving naturally aspirated V-10, 7 speed SMG transmission, trick suspension 507 hp beast is capable of launching to 60 in 4.2 seconds. This car drives frustrating at 5/10, but flat out, there is arguably no other car as entertaining and awe-inspiring. All for the price of a new BMW 328i.

2007 Merecedes AMG e63 $42k (sold new for $112k, 63% depreciation)

A rival to the M5, its hand built 507 hp engine has a tree stump pulling 465 lb-ft of torque. This car has more raw power than a Ferrari F430, Porsche 911 Turbo or Lamborghini Gallardo. And it is yours for the price of a brand new Honda Pilot.

2004 Porsche 911 Coupe $32k (new $85k, 62% depreciation)

The 911 is THE quintessential sports car. Over its illustrious 50 year run, it has been refined and honed into one of the best sports car money can buy. Historically, it has also been one of the least depreciating. The previous generation 996 body, although not considered one of the more classic designs, is still a 911. It’s 320 hp flat 6 engine is good for 0-60 runs of 4.8 sec and a 12.5 second ¼ mile. It is yours for the price of a brand new Subaru Forrester.

2004 BMW M3 $22k (new $56k, 61% depreciation)

The ultimate street racer, track car and family sedan all rolled into one, it’s 333 hp inline 6 is the perfect blend of speed and practicality. It is also relatively efficient. With the next generation of M products replacing core brand values like high revving naturally aspirated engines with turbocharging and hand built chassis for mass produced platform sharing, this car represents a lot unique car for the money. It is yours for the price of a brand new Honda Civic

2005 Acura NSX $48k ($115k new, 57% depreciation)

The Acura NSX was a car of firsts. It was the first production car to feature aluminum construction for its body structure, body panels, suspension and engine. Its engine was the first to feature variable valve timing and a variable-volume intake manifold. It was the first Japanese sports car sold in America to truly go head-to-head with the world's best. Its 290 hp, sweet shifting 6 speed manual transmission was smooth, quick and reliable. All your for the price of a new Infiniti G37 coupe.

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Complete List of Toyota Cars affected by Recall

I received this great email from DriverSide.com that summarizes which Toyota cars are being recalled and for what. This is accurate as of 2/5/2010 (Still waiting to hear about the 2010 Prius).

Vehicles recalled on September 29, 2009 and January 27, 2010 to address the risk of pedal entrapment by removable floor mats:

• 2007 – 2010 Toyota Camry
• 2005 – 2010 Toyota Avalon
• 2004 – 2009 Toyota Prius
• 2005 – 2010 Toyota Tacoma
• 2007 – 2010 Toyota Tundra
• 2007 – 2010 Lexus ES350 and 2006
• 2010 Lexus IS250 and IS350
• 2008 – 2010 Highlander
• 2009 – 2010 Corolla
• 2009 – 2010 Venza
• 2009 – 2010 Matrix
• 2009 – 2010 Pontiac Vibe

Vehicles recalled on November 24, 2009 to address excessive corrosion on the frame rear cross-member:

• 2000-2003 Tundra

Vehicles recalled on January 21, 2010 to correct sticking accelerator pedals:

• Certain 2009 – 2010 RAV4
• Certain 2009-2010 Corolla
• 2009 – 2010 Matrix
• 2005 – 2010 Avalon
• Certain 2007 – 2010 Camry
• Certain 2010 Highlander
• 2007 – 2010 Tundra
• 2008 – 2010 Sequoia

Toyota has also announced it would temporarily suspend sales of the above eight models. Not affected by this recall are Highlander hybrids, Camry hybrids, as well as Camry, RAV 4, Corolla and Highlander vehicles with VINs that begin with "J."

Vehicles not affected by any of the above recalls:

• Sienna
• Solara
• Yaris
• 4Runner
• FJ Cruiser
• Land Cruiser
• 2010 Prius

Owners of the affected vehicles will receive a notice from Toyota advising when they need to bring their vehicle to a Toyota dealer. For more details, visit Toyota’s website or call Toyota at 1-800-331-4331.

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Honda CR-Z Hybrid = 38MPG?

I just saw an article on the upcoming, 2011 Honda CR-Z. The CR-Z is a hybrid sport-coupe 2 seater that is essentially a 2 door version of the current Honda Insight. The shocking thing about the car is the 38 MPG. 38 MPG? For a hybrid? The much larger Prius averages 45-50 MPG. As the article points out, even the late 80's / early 90's Civic VX (100% gas) got 55 MPG.

Maybe this car is targeted to the speedracer types - but they won't be able to modify this thing anything near the way CRX's were modified. No nitrous, shaved heads, big pistons or any of that - not with the sophisticated hybrid system in place.

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Hyundai's Decade Long Comeback

It wasn't long ago when Hyundai cars were the butt of many car jokes.  In 1986, Hyundai entered the U.S. car market and began selling the Hyundai Excel for less than $10k.  The Excel, while cheap, had many problems including engine and transmission problems.  Many cars did not even make it to 100k miles.

 

Fast forward a decade, and Hyundai now has a decent fleet of sedans, coupes, SUVs, minivans, and even luxury cars.  Hyundai's lineup now includes the Accent, Elantra, Sonata, Santa Fe, Genesis, Azera, Tucson, Veracruz, and Entourage.  Long gone are the unreliable cars of the past, and we now see Hyundai ranked in the top 10 in quality and customer satisfaction polls like J.D. Powers.  Hyundai is planning to challenge BMW and Lexus in the luxury car market, as well as tackle the sports compact market.  Additionally, Hyundai is also working on hybrid technology.  With that said, we think Hyundai be the Honda or Toyota of the '90s.

 

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