LaxTSX

Hi All,
I've seen alot of TSX for sale on the forum but most of them don't really have an update on whether it was sold and for how much. I was thinking about selling mine back due the amount of milage I'm putting on it. I have an auto artic blue non-navi that gets about 26K a year. Yeah I know, long commute to work. Instead of selling I just just might buy another really cheap car as my commuter, not sure yet.

But I was just wondering the resale value of my TSX. I called the dealer just to get a price quote of over the phone, he said 20K ,but I'm sure I can negotiate on that.

nanda68

try Kelly book value now

tsxhondatuner

its probly like $26k

biker

People have paid less than that for a brand new one.
The dealer might not be too far off - you probably won't get more than $22K for it - unless you sell it yourself and even then not much more than that.

bob shiftright

Went through this depreciation exercise back on May 5, so adjust accordingly.....

I just tried KBB which now lists the TSX, and came up with $21,400 for my 9,000 mile 6M example. I'm still keeping my 150,000 mi. '98 Volvo as a "winter beater", not really to keep the miles off the TSX as much as for advantages like I don't really worry about driving it right behind a salt truck.

The TSX depreciation seems almost identical to the Accord's, retaining 82% of my actual transaction price. Which really isn't bad, the lion's share of a car's depreciation occurs in the first 2 years.

iamhomin

The KBB is simply a guide that's relevant to the S&D in that area. That's why they ask for a zipcode. Correct me if I'm wrong.

tsxhondatuner

i just checked my car and its kbb is $27441 and yes, used tsx's around here are all over $25k. (bay area)

tsxhondatuner

edit....just re did it with 20k miles and it dropped $3k.

bob shiftright

Since I have nothing better to do right now, I tried this. For my 9000 mile car, I came up with $22,625 in Honolulu, HI. $22,625 in Anchorage AK, $22,625 in Bakersfield, CA, $22,225 in Kansas City vs. $21,400 in the NYC area. Caveat emptor about those NYC cars! (Although rarely does anyone hit a moose around here!)

biker

There must be a lot of misinformed shoppers there. In these days of easily accessable data on the Internet it's your own fault if you pay prices like that.

tsxhondatuner

ya theres only 8 used ones in a 300 distance from where i am

bob shiftright

Hmmmm. Interesting.

Now kbb comes up with $22,850 as a trade-in value for mine, NYC area. Maybe all those great magazine reviews have increased the demand????