Honda has recently announced that the 2014 version of the Accord both the sedan and the coupe models will be sold in prices that are $275 higher compared to their predecessors.
According to the Japanese carmaker, the 2014 Honda Accord sedan when released on the market on August 22, 2013 will have a starting price of $22, 745 including the destination charge of $790.
The price of the 2014 Honda Accord coupe on the other hand when it hits the market on August 20, 20013 is expected to start at $24,415 including the destination the shipping charge of $790.
Prior to the announcement of these figures, Honda has previously announced the starting cost of the 2014 Honda Accord Plug-in Hybrid which is around $40,570 including the destination charge. Unfortunately, Honda refused to divulge the starting price of the 2014 Honda Accord Hybrid. However, the Japanese carmaker assured the buying public that the price of the upcoming Honda Accord Hybrid will surely be announced closer to the date when the vehicle is set to hit the market.
Given the $275 increase in the prices of the 2014 Honda Accord coupe and sedan, many car buyers and even the experts were wondering as to why the carmaker has implemented such hike. Fortunately, Honda was quick to respond that such increase were basically triggered by a number of factors and one of these was the series of upgrades that were implemented on the two Accord variants such as the use of the premium fabric on the seat of the LX model sedan.
Given its current starting price, the 2014 Honda Accord sedan is $50 more expensive compared to one of its closest competitors which is the 2014 Ford Fusion S FWD which is now sold at a starting price of $22,695 including the shipping charge of $795. But when compared to the 2014 Toyota Camry L which is sold at a starting price of $23,045 including the destination charge of $810, the Accord Hybrid emerges as a cheaper option with a price difference of about $300.
The 2014 Honda Accord coupe on the other hand faces a dwindling competition given that the Nissan Altima coupe was discontinued and so is the Toyota Camry Solara.