The Real Truth: Honda Accord Turns Profit After Nearly 30 Years: Higher Price Than New Despite Over 3,500km Driven

The 1995 Honda Accord is creating a buzz in the United States and appears to have found a new owner.

0
40

In December, Vern Eide Honda dealership in Sioux Falls, South Dakota, USA posted a controversial article. The main subject of the article was a 1995 Honda Accord sedan. Judging by the photos, the quality of the car has been maintained very well. The dealership also guarantees this aspect. The leather seats look like new, as well as the exterior tires. The odometer reads only 2,187 miles, which is equivalent to 3,520 km. It’s not an exaggeration to say that this is a “showroom” model to the highest standard possible for a 1995 Honda Accord.

The nearly 30-year-old Honda Accord looks like new. Photo: Vern Eide Honda

The controversy comes from the piece of paper attached to the windshield of the car. The dealership’s asking price for the sedan is $24,911 (equivalent to 606.8 million VND). This amount is higher than the original price of the sedan nearly three decades ago ($22,470), meaning that it is “profitable” after almost 30 years. However, if we account for USD inflation, this car can be considered as holding its value rather than making a profit.

Despite the well-preserved quality, it is unlikely that anyone would be willing to spend such a large sum of money on this Honda Accord. It should be noted that this is not a rare model, with production numbers reaching tens of millions, including over 13 million cars in the US alone.

The interior of the car is kept like new despite nearly 30 years have passed. Photo: Vern Eide Honda

The price of a same-generation Accord, as reference in the US used car market, can range from $1,500 to $2,500 (equivalent to 36.5 to 60.9 million VND).

However, shortly after posting information about the “one-of-a-kind” Accord, the dealership quickly removed the car. The fact that the car is no longer advertised for sale and is no longer at the dealership indicates that it has likely been sold.

The only controversial factor on the sedan is the “premium” price compared to a brand new car. Photo: Vern Eide Honda

The selling price of nearly $25,000 for the “like new” 1995 Accord is considered insane compared to similar cars. However, for those who intend to collect, this amount is not worth mentioning.

You may also like

Honda Accord: 40 Years of Automotive Excellence

Looking at the Vietnamese car market right now and humorously comparing it, we will see Camry as a well-behaved young girl, not outstanding in every aspect but easily becoming the choice of the “other half”. Teana, on the other hand, is like a dignified and tranquil woman, full of courage. Meanwhile, Mazda6 is like a hot girl, quickly attracting and captivating anyone’s gaze from the first encounter. As for Accord – with the elegance and experiences of a U30 lady, even though she is always praised by everyone, she hides something “difficult to deal with” in the minds of the majority.

Honda Accord 2022: Enhance your driving experience with Honda SENSING

Equipped with the advanced safety technology package Honda SENSING at the same unchanged price, the 2022 Accord confidently stands strong in the D-segment sedan market.

November 2023: Get Exclusive Offers and Save Millions of Dong when Buying a Honda Car

Honda Vietnam is pleased to announce the launch of a promotional program from November 6th to November 30th, 2023 for a range of car models including the Honda City, Honda BR-V, Honda HR-V, Honda Civic, and Honda Accord. Take advantage of this limited-time offer now!

New generation Toyota Camry launching this month with redesigned look challenging Honda Accord

In its latest announcement, Toyota revealed that the all-new generation of Camry will be officially unveiled on November 14th.