How much fluff is in CPO TSX pricing?
#1
Racer
Thread Starter
How much fluff is in CPO TSX pricing?
Hey guys I was just curious as to how much fluff you think dealers are pricing into their TSX's. I ask because 2004's are going from 22,000 to 25,000 with <40k miles. This is ridiculously expensive especially the 25k cars. Just curious as to how much negotiating room you feel is in there. Seems like from all my reading for similar cars they give between 17,500 and 19k for trade and I talked to a buddy of mine today that said they go at auction for 17 or 18k with similar mileage. Just wanted your thoughts on this.
#2
Burning Brakes
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Buy one from a private party (even if you have to go a couple hundred miles to pick it up) while it's still under factory warranty and save a bundle. Even if you do buy used from a stealership, never pay for CPO -- the dealer almost always does all the inspection and repairs that go along with the CPO tag whether you pay for it or not.
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Originally Posted by 6SpeedTA95
Hey guys I was just curious as to how much fluff you think dealers are pricing into their TSX's. I ask because 2004's are going from 22,000 to 25,000 with <40k miles. This is ridiculously expensive especially the 25k cars. Just curious as to how much negotiating room you feel is in there. Seems like from all my reading for similar cars they give between 17,500 and 19k for trade and I talked to a buddy of mine today that said they go at auction for 17 or 18k with similar mileage. Just wanted your thoughts on this.
Diggs
#4
Racer
Thread Starter
Originally Posted by jpt
Buy one from a private party (even if you have to go a couple hundred miles to pick it up) while it's still under factory warranty and save a bundle. Even if you do buy used from a stealership, never pay for CPO -- the dealer almost always does all the inspection and repairs that go along with the CPO tag whether you pay for it or not.
#5
Racer
Thread Starter
Originally Posted by Dirk Diggs
This topic, specifically used TSXs has been covered before. I have posted what they have been doing at auctions. They bring good money, which means, they sell for good money.
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#6
Team Owner
iTrader: (1)
Plenty of room. Think about it...I traded in my car for $19.5k. The dealer prices the car at $24.4k. That's close to $5k of room for negotiation. Assume $1k added to the trade-in price for the dealer's fees and cost to detail the car. You should still negotiate the price down to around $21.5k easily, giving the dealer plenty of profit on the car.
#7
Racer
Thread Starter
Originally Posted by CGTSX2004
Plenty of room. Think about it...I traded in my car for $19.5k. The dealer prices the car at $24.4k. That's close to $5k of room for negotiation. Assume $1k added to the trade-in price for the dealer's fees and cost to detail the car. You should still negotiate the price down to around $21.5k easily, giving the dealer plenty of profit on the car.
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#8
Team Owner
iTrader: (1)
Originally Posted by 6SpeedTA95
Thats what I assumed, its absurd they're pricing used cars almost what new cars are...but I guess some pay for them
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