Cars

Toyota Camry: Can New Formula Leaves Honda Accord In It Shadows

By  | 

The midsized sedan market has not been doing too well on the sales front in recent years but this is with the exception of the Toyota Camry and Honda Accord. The two vehicles from Japan has never stopped selling well here in the US and things have gotten more exciting with the release of new models.

The all-new Honda Accord made its debut several months ago and it features a more attractive design as well as a fully turbocharged trim option. Despite making such a drastic leap over the previous generation model, the new Accord is still unable to narrow the sales gap that separates it from the Toyota Camry.

The Accord may be one of the bestselling names in the segment but sales have confirmed on a 15% decline this year as compared to 2017. The Camry, on the other hand, continues its growth in the market and it is not because of the new things which the car has to offer.

If you’re to head to the nearest Toyota dealer, you will notice that the Camry’s recipe for success is owed to the attractive financing deals where things can go as low as 0% APR.

If this is to be the true reason for it, then we can say that Honda has overlooked on the importance of an attractive financing deal. They will need to work on this fast if they want the car to recover from the sedan decline trend.