Residual values & Money factor

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Old Feb 7, 2005 | 07:31 PM
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zack's Avatar
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Residual values & Money factor

Hello, new to the forum. I have a CG 6spd non navi, bought it in 6/2003. Can anyone tell me a place to find residual values on Acura & Honda cars? Much appreciated!
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Old Feb 7, 2005 | 07:56 PM
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Originally Posted by zack
Hello, new to the forum. I have a CG 6spd non navi, bought it in 6/2003. Can anyone tell me a place to find residual values on Acura & Honda cars? Much appreciated!
Did you lease? If so, aren't they supposed to tell you that up-front? I believe that the dealership told me, 50% to 55% of the car after 3 years. Hope that helps.
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Old Feb 7, 2005 | 08:01 PM
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Originally Posted by CobaltForge
Did you lease? If so, aren't they supposed to tell you that up-front? I believe that the dealership told me, 50% to 55% of the car after 3 years. Hope that helps.

Yes I did lease. But you are right, they tell you at the time of sale. I want this in advance so I can get the best deal. Some dealers tell you over the phone, some don't. I thought there used to be a site that gave this information. I will be in the market for a new honda for my wife in May.
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Old Feb 7, 2005 | 08:41 PM
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Well - if this helps ... I did search and find residuals as of 5/2004 ... my guess is they haven't move much from this:

TSX Resiudual Values:

36/mo 12K: 58%

36/mo 15K: 56%

48/mo 12K: 50%

48/mo 12K: 48%
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Old Feb 7, 2005 | 10:01 PM
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Originally Posted by provench
Well - if this helps ... I did search and find residuals as of 5/2004 ... my guess is they haven't move much from this:

TSX Resiudual Values:

36/mo 12K: 58%

36/mo 15K: 56%

48/mo 12K: 50%

48/mo 12K: 48%

Thanks!
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Old Feb 8, 2005 | 12:34 AM
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From: S.Cal
That sounds about right for the '05s as well. Looks like provench and his kids beat me to the punch
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Old Feb 9, 2005 | 11:06 AM
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Go to Edmunds.com and look for a forum titled Lease Questions - Ask Here!

A guy named Car_Man will answer your question.

MF's and residuals are usually updated once every month, so you need to have the latest information to find out if your dealer is bluffing.
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