bad idea to trade 02 RSX-S for TSX??
#1
Advanced
Thread Starter
Join Date: Aug 2003
Location: San Antonio, Texas
Posts: 83
Likes: 0
Received 0 Likes
on
0 Posts
bad idea to trade 02 RSX-S for TSX??
What is your opinion on this? Money wise, is this a bad idea?
I have 32K miles on the RSX and really want to upgrade; what do you suggest??
Thanks in advance
I have 32K miles on the RSX and really want to upgrade; what do you suggest??
Thanks in advance
![Dunno](https://acurazine.com/forums/images/smilies/dunno.gif)
#2
Bye TSX, hello domestic?
Join Date: Jan 2004
Location: NOVA
Age: 42
Posts: 8,552
Likes: 0
Received 0 Likes
on
0 Posts
Upgrade what exactly? The sportiness, power and feel should be almost identical between the cars w/ the RSX Type-S having an edge. If you want to upgrade features and interior then the TSX is definately the choice.
#3
Senior Moderator
Re: bad idea to trade 02 RSX-S for TSX??
Originally posted by Champ
What is your opinion on this? Money wise, is this a bad idea?
What is your opinion on this? Money wise, is this a bad idea?
I have 32K miles on the RSX and really want to upgrade; what do you suggest??
#6
Intermediate
Join Date: Jan 2004
Location: Central Coast Ca.
Posts: 45
Likes: 0
Received 0 Likes
on
0 Posts
Champ..........I'm in the same situatiion. I have an 02 RSX Type S with only 12,000 miles that I'm might sell to get a TSX. I'm ready for a bit more quiet cruising and luxury features. I've already test driven a TSX and believe me...they are different cars! Without a doubt my RSX is quicker,remember it's about 600 lbs. lighter. But the TSX drove so nicely and quietly and was plenty quick for me although I never punched it during my test drive. I'm just getting a little tired of the bouncy ride of the RSX but I think I can wait till the 05's come out. By then maybe all of the bugs will be eliminated from the TSX.
Trending Topics
#8
6MT Snob
Join Date: Feb 2004
Location: Chicagoland
Age: 49
Posts: 2,276
Likes: 0
Received 0 Likes
on
0 Posts
Before you even concider this you need to find out what your loan buyout is.
Once you have your loan buyout then you need to figure that against what your trade in, and private party retail is.
If you sell it on your own its more money for you but you also have to deal with the headaches where as when you trade it in you hand them the keys and the car goes away.
Once you get those numbers straight and decide if you want to trade in or sell it yourself, you then take the difference in that and your loan buyout + whatever money you would have to put down on a TSX and you have a realistic number of what you need to do out of pocket.
Once you have that number, you can think about it. Until then you are pretty much fooling yourself / daydreaming.
Once you have your loan buyout then you need to figure that against what your trade in, and private party retail is.
If you sell it on your own its more money for you but you also have to deal with the headaches where as when you trade it in you hand them the keys and the car goes away.
Once you get those numbers straight and decide if you want to trade in or sell it yourself, you then take the difference in that and your loan buyout + whatever money you would have to put down on a TSX and you have a realistic number of what you need to do out of pocket.
Once you have that number, you can think about it. Until then you are pretty much fooling yourself / daydreaming.
![Smile](https://acurazine.com/forums/images/smilies/smile.gif)
#9
Good summary gfx. All other things being equal, the monthly cost also comes with another two years of car payments attached to it, vs. keeping the rsx. (Assuming champ has been paying for the rsx for 2 yrs and the same term loan on the tsx).
#10
Advanced
Thread Starter
Join Date: Aug 2003
Location: San Antonio, Texas
Posts: 83
Likes: 0
Received 0 Likes
on
0 Posts
good point....the RSX is mine in 3 years or i can bite the bullet and start off fresh with a loan that wont be paid off until 2009.
Like some one said , is it worth 10 grand more?. probably 3 more years on top of my original loan due to the higher monthly payment. hmm..alot to think about. I just got my aspec suspension and love it too but i'm growing tired of 6MT in rush hour not to mention i'm an old fart pushin 40!
Like some one said , is it worth 10 grand more?. probably 3 more years on top of my original loan due to the higher monthly payment. hmm..alot to think about. I just got my aspec suspension and love it too but i'm growing tired of 6MT in rush hour not to mention i'm an old fart pushin 40!
#12
PM "hondaloyalist" on this board, he did exactly the change you are thinking about.
#13
Advanced
Thread Starter
Join Date: Aug 2003
Location: San Antonio, Texas
Posts: 83
Likes: 0
Received 0 Likes
on
0 Posts
I was offered 15250 for trade and 3.8% financing for a monthly payment of 475 on a red TSX auto non nav selling for 26.2
What are your thoughts on this deal??
What are your thoughts on this deal??
#14
Intermediate
Join Date: Jan 2004
Location: Central Coast Ca.
Posts: 45
Likes: 0
Received 0 Likes
on
0 Posts
Champ....welcome to the club.I'm an older dude with an RSX-S also. My situation is just the same. Sell the RSX and start all over again with payments for another 5 years. But hey...life is short and you are younger than I am ...what the hell. You might as well drive the car you want. And Champ......i have the exact same car as yours....desert silver...I have the factory spoiler...no other mods yet.
#15
Originally posted by Champ
I was offered 15250 for trade and 3.8% financing for a monthly payment of 475 on a red TSX auto non nav selling for 26.2
I was offered 15250 for trade and 3.8% financing for a monthly payment of 475 on a red TSX auto non nav selling for 26.2
Also, compared to the KBB value I posted above, it looks like you are getting burned on the trade, assuming your car is in good shape.
#17
Advanced
Thread Starter
Join Date: Aug 2003
Location: San Antonio, Texas
Posts: 83
Likes: 0
Received 0 Likes
on
0 Posts
I backed out....
I definitely got a bad offer on trade in, more than 1000 less than edmunds, KBB or nada. I also have a credit report at 800 + and wasnt happy with 3.9. The dealer is the only one in town so i guess i will go elsewhere next time. This is a supposed fixed price dealer so they tend to make their money using smoke and mirrors on trade in and interest rates.
Next time i will do better homework before going in. I would have walked out in person had i known how much they low balled me on my trade.
Thank you all for your support and input...car buying sucks, reminds me of las vegas= house always wins
I definitely got a bad offer on trade in, more than 1000 less than edmunds, KBB or nada. I also have a credit report at 800 + and wasnt happy with 3.9. The dealer is the only one in town so i guess i will go elsewhere next time. This is a supposed fixed price dealer so they tend to make their money using smoke and mirrors on trade in and interest rates.
Next time i will do better homework before going in. I would have walked out in person had i known how much they low balled me on my trade.
Thank you all for your support and input...car buying sucks, reminds me of las vegas= house always wins
Thread
Thread Starter
Forum
Replies
Last Post
cycdaniel
1G TSX Performance Parts & Modifications
8
12-17-2019 10:58 AM
Skirmich
2G TL (1999-2003)
37
09-15-2015 06:41 PM