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.

 

try Kelly book value now

 

its probly like $26k

 

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.

 

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.

 

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.

 

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

 

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

 

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!)

 

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.

 

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

 

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????