It was fun while it lasted

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Old Jan 6, 2008 | 05:56 PM
  #1  
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It was fun while it lasted

This coming Friday the 11th of January I will officially no longer own an Acura. I traded it in for the blk/blk 08 G35xs /w every option you can think of. I don't have much to part out on my car except the wheels which is listed on the black market.

I got a really shitty deal on the trade in, they quoted me at 17k for an 05 blk/blk /w navi and 25k miles /w clean title. I only got them to bump it up to 17.5k and i knew one of the mechanics so they took off 2500 off the price of the car. I still owed 22k on the car so that kind of negated the discount. either way I think its an upgrade to the TSX.

Thank you everyone for all your knowledge and advice.
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Old Jan 6, 2008 | 06:50 PM
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I just did the same thing (although my 2005 TSX w/nav was totaled, not traded in) - for an 08 G35x, with everything but tech package. It is also black on black with woodgrain. I love this car. It has everything I want (although wish gas mileage was a bit better). It has power to spare when accelerating from a stop as well as if you are on the highway.

I compared the G35x with the RL item by item and the G35x meets or beats every item other than rear shoulder room and the RL is like $15k more than a loaded G35x. I am extremely happy with my decision.

Enjoy the G35x.
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Old Jan 6, 2008 | 11:02 PM
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jplevine,
I understand you love your car, as everyone should, but have you actually driven an RL ? I have driven the G35x and I own the RL and both cars are worlds apart, by far. If you want to compare your ride with an Acura model, then you would be better off with the TL. The RL if compared with an Infiniti then it would be the M35x and not the G35x.
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Old Jan 6, 2008 | 11:32 PM
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Forget comparing the cars, the financial decision was poor.
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Old Jan 7, 2008 | 12:33 AM
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I agree ^^
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Old Jan 7, 2008 | 12:56 AM
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Its not my money, I don't know your situation, so congrats. Its an upgrade.
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Old Jan 7, 2008 | 02:21 AM
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Originally Posted by ChrisQ1980
Forget comparing the cars, the financial decision was poor.
Yeah we keep getting people making poor decisions, trading up instead of downgrade, even if they're in debt or can't afford the cars they drive.
This is why Americans are in debt today they can't manage their money. I'm glad i'm not one of those in the statistics.
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Old Jan 7, 2008 | 03:01 AM
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Hey it’s his money none the less, if he’s in a situation where it’s financially feasible for him to trade under par and lose money, more power to him ! … lol
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Old Jan 7, 2008 | 06:25 AM
  #9  
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Originally Posted by GTSX-05
Hey it’s his money none the less, if he’s in a situation where it’s financially feasible for him to trade under par and lose money, more power to him ! … lol

as long as he can pay it off i guess.

if he defaults on his loan, that just means slightly higher interest rates for everyone else in his demographic.


and if he has to sell the new g35 cheap, or the fact that he sold his tsx for so cheap, basically just contributes to lower resale values.

then again its true of any car.
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Old Jan 7, 2008 | 06:48 AM
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Originally Posted by CarbonGray Earl
Its not my money, I don't know your situation, so congrats. Its an upgrade.


i actually like the new G35's, my friend had the 1st gen and i hated it. congrats man.
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Old Jan 7, 2008 | 06:59 AM
  #11  
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Originally Posted by jplevine
I just did the same thing (although my 2005 TSX w/nav was totaled, not traded in) - for an 08 G35x, with everything but tech package. It is also black on black with woodgrain. I love this car. It has everything I want (although wish gas mileage was a bit better). It has power to spare when accelerating from a stop as well as if you are on the highway.

I compared the G35x with the RL item by item and the G35x meets or beats every item other than rear shoulder room and the RL is like $15k more than a loaded G35x. I am extremely happy with my decision.

Enjoy the G35x.
The G35X is no comparison to the RL - RL is more refined than the G35 & more luxurious. The G35 compares more to the TL.
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Old Jan 7, 2008 | 07:14 AM
  #12  
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I wouldn't make trading cars like this a habit: https://acurazine.com/forums/showthread.php?t=2117.
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Old Jan 7, 2008 | 07:27 AM
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I have experienced both the RL and G35x. Since the RL is the only AWD Acura sedan, that was the comparison I chose to make as I wanted to go AWD in a sedan. I know the M35x/M45x is the Infiniti flagship sedan and therefore would at first glance be the best comparison to the RL, but you are making my point for me. IMO, these are pretty comparable if you truly line them up stat for stat (you can do this easily on the Acura website).

Look... the RL is a terrific car and some feel more refined than the G35x, but comparably equipped, it is $10-15k more than the G35x. The point I was trying to make is for that much more money (25-38% more), I think there should be a larger distinction between the two vehicles.
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Old Jan 7, 2008 | 07:45 AM
  #14  
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Originally Posted by LuvMyTSX
I wouldn't make trading cars like this a habit: https://acurazine.com/forums/showthread.php?t=2117.
Just as a follow up, I could not have seen myself trading in my TSX lease early to switch vehicles - just would not have worked financially. (My TSX was totaled by another driver, so I had no choice as far as getting a new vehicle. The total cost was covered by auto insurance and gap insurance.)
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Old Jan 7, 2008 | 07:49 AM
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Originally Posted by jplevine
Just as a follow up, I could not have seen myself trading in my TSX lease early to switch vehicles - just would not have worked financially. (My TSX was totaled by another driver, so I had no choice as far as getting a new vehicle. The total cost was covered by auto insurance and gap insurance.)
Yeah, I was talking more about the OP who still owed $22k on his TSX and traded it anyway.

I'm excited to pay off my loan this Friday.... 2.5 years early.
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Old Jan 7, 2008 | 07:54 AM
  #16  
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Originally Posted by jplevine
I just did the same thing (although my 2005 TSX w/nav was totaled, not traded in) - for an 08 G35x, with everything but tech package. It is also black on black with woodgrain. I love this car. It has everything I want (although wish gas mileage was a bit better). It has power to spare when accelerating from a stop as well as if you are on the highway.

I compared the G35x with the RL item by item and the G35x meets or beats every item other than rear shoulder room and the RL is like $15k more than a loaded G35x. I am extremely happy with my decision.

Enjoy the G35x.

The gas mileage gets better, just let her break in a little. I got an average of about 17 MPG up until my first oil change at 3500 miles. Now I average about 22 MPG. Although I have the S and not the X it should not be that big of a difference.
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Old Jan 7, 2008 | 08:23 AM
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enjoy your new toy
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Old Jan 7, 2008 | 09:56 AM
  #18  
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Originally Posted by CarbonGray Earl
Its not my money, I don't know your situation, so congrats. Its an upgrade.
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Old Jan 7, 2008 | 10:52 AM
  #19  
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Originally Posted by CarbonGray Earl
Its not my money, I don't know your situation, so congrats. Its an upgrade.
x2, Very nice upgrade.
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Old Jan 7, 2008 | 12:34 PM
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Thanks for the comments. To address the low resell on my car. The only reason why i accepted the 17.5 is because the back bumper was cracked, I didn't know it was repainted before I bought it 2 yrs ago(Paragon Acura). Another reason was because the guy that my salesman dealt with just before me also traded in a TSX. The guy got 20k for his, which was in pretty good condition from what I saw in the parking lot, it was an 06 /w navi /w 16k miles. There was also suspension problems with my car along with a broken trunk. All the problems started to happen this past month so I just said instead of paying for it to get fixed, I might as well just trade in for something new and not deal with this.

If you want to look at it a more positive way, It's kinda like I got 19k for the car if you include the tax break for the trade in.
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Old Jan 7, 2008 | 03:09 PM
  #21  
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Originally Posted by mrpeeng
Thanks for the comments. To address the low resell on my car. The only reason why i accepted the 17.5 is because the back bumper was cracked, I didn't know it was repainted before I bought it 2 yrs ago(Paragon Acura). Another reason was because the guy that my salesman dealt with just before me also traded in a TSX. The guy got 20k for his, which was in pretty good condition from what I saw in the parking lot, it was an 06 /w navi /w 16k miles. There was also suspension problems with my car along with a broken trunk. All the problems started to happen this past month so I just said instead of paying for it to get fixed, I might as well just trade in for something new and not deal with this.

If you want to look at it a more positive way, It's kinda like I got 19k for the car if you include the tax break for the trade in.
The problems with your car would have been covered on warranty so they wouldn't have cost you anything. You think you had a low trade in value on the Acura, wait until you try to sell the Infinity! Anyway, enjoy your new ride!!
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Old Jan 7, 2008 | 03:54 PM
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I can't tell if people are jealous that mrpeeng got a G35, or if that they are generally concerned about him trading in for low and upgrading. If he can and wants to do it, all the more power to him.
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Old Jan 7, 2008 | 05:59 PM
  #23  
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Congrats, but you got ripped off with that trade in!
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Old Jan 7, 2008 | 06:08 PM
  #24  
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Well the new G35 is definitely more car than the TSX, so congratulations. However, I'll never understand the logic of trading a car after 2years. One has to realize, after two years there will always be a better feature laden "sexy" new model car.

It doesn't make much financial sense. If a car is totaled, the lease is up, the car is paid for, very little is left on the car, or the new car is being bought with cash, it's fiscally irresponsible.

I have an 05 TL, stock. Sure I look at all the new cars and say I wish my car had that new feature. Still my car is rock solid and has enough goodies to keep me content. I plan on having my car for 5-7 years. Only after it's paid for will I consider upgrading. I am not necessarily going to continue with another Acura then so I'm not some sort of fanboy.

Your young and the decision is ultimately yours to make. You are the only one who knows your finances so everything else from anybody is speculation. LuvmyTXS, I read that same article in the LA times when it first came out. I thought of this forum when I read it because so many people are doing that. Here is a link, I encourage people to read:

http://www.latimes.com/business/la-f...852,full.story

Sorry for the sermon but I had to get that off my chest.
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Old Jan 7, 2008 | 06:22 PM
  #25  
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Originally Posted by JAB00
It doesn't make much financial sense. If a car is totaled, the lease is up, the car is paid for, very little is left on the car, or the new car is being bought with cash, it's fiscally irresponsible.
Not sure if you meant that if the car is totaled, it is fiscally irresponsible. Did you mean "Unless the car is totaled, the lease is up...it's fiscally irresponsible."?
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Old Jan 7, 2008 | 06:31 PM
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Originally Posted by LaZyPiGgY
I can't tell if people are jealous that mrpeeng got a G35, or if that they are generally concerned about him trading in for low and upgrading. If he can and wants to do it, all the more power to him.
Some people (like me) are just tired of hearing about the mortgage crisis, crazy amounts of credit card debt, and generally defaulting on loans just because people can't learn how to live within their means. I am in no way jealous, I just think it's irresponsible and a total waste of money. A better use of the money would have been an IRA or put it into savings of some kind. Just my opinion, that is all.
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Old Jan 7, 2008 | 09:10 PM
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Let's put one thing clear. You won't get a good deal on the trade in at a dealer. I don't care what planet you're from. Dealers are going through the hassle of changing titles, selling your car, and negotiating with the buyer. Dealers aren't going to do that for free. If you want to get a good money for your car, sell it yourself.

Buying a car in itself is not an investment. It is an luxury. Car values goes down as soon as you drive it off the lot, so you won't get a good deal on the trade in. Dealers are not stupid. They know how to make money. You're taking a hit for obtaining something more newer and perhaps more luxurious, no matter what the situation is.

Since everyone seems to be putting in their two cents, here's mine.

I switched from an 03 Camry, a year back. Reliable car, but little to boring. Wanted to drive an reliable sporty stickshift while I still had the option.

I knew I was going to get hit on the trade in for the Camry, so I gave it to my sister who needed a reliable car. Still running great. So traded in my sister's crappy Chev Malibu for the TSX. Wise decision to this day. Now we both have reliable cars.

We did get raped on the trade in for the Malibu. (Lower than the Camry, even though Malibu was newer) But it is the price I paid for obtaining the "luxury" or "void" that I had. Was it a financially sound decision? Probably not, but I'm enjoying my TSX, so that's the price I paid for it.
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Old Jan 8, 2008 | 10:17 AM
  #28  
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Originally Posted by mrpeeng
...

If you want to look at it a more positive way, It's kinda like I got 19k for the car if you include the tax break for the trade in.
This is often overlooked when evaluating dealer trade in versus selling it yourself.
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