AZTSXer

I am being transferred overseas and am selling my 2004 TSX, 10K miles, AT/non navi. I was somewhat pleased to be offered 20,300 by my local Phoenix dealer where I bought it last July. I guessed I'd get even less at a dealer for a quick buy. Any opinions out there people? Anyone else have to dump a TSX lately. BTW, it has been a great car in my view, after two successive 3'ers. I have been given loaner TL's (and tried a 6 speed as well) and admit there is a charm to the bigger one. If the TL came in a wagon I'd buy one in a minute and never look at a 530T again! Maybe by the time I get back...

iamhomin

6000 is somewhat a significant drop even if you have 10k miles on it, but sounds like a reasonable deal since the new models will be heading out in 3 months or so.

dabuda

wow thats sucks...purchase option on my lease is 14k...3 years from now...i know cars lose a big % of the value the first year so hopefully the next 2 years wont be as drastic

rb1

Wow, indeed. If the original price was $27K, then they only gave you 75% of what you paid for it, less than a year later.

autox17

If you look on Autotrader.com, most of the TSX's on there are going for 23K and up.

dabuda

yeah, i think u were had AZTSXer...u couldve at least go 22k i think

bob shiftright

Went through this depreciation exercise back on March 20 and it's 1 1/2 months later, so adjust accordingly.....

The TSX invoice is $24,961 and obviously a dealer is not going to buy a used car from you for more than they can buy a new one from Acura!

I dusted off my MBA accounting textbook from (ahem) YEARS ago!

Using the "Sum of the Digits" depreciation method, and assuming a 10 year life and a $5000 salvage value, (10/55) x ($24,961-$5000) = $3629 first year depreciation. So $21,322.

Using the "declining balance" method, with the same assumptions, (1/10 x 2) x ($24,961)= $4992 first year depreciation. Or $19,968.

I'd guess the first estimate is closest to reality.

OCICBW, etc. etc.

TSXautoXer

CarMax is willing to pay me $22,500 for mine with 9.5K miles 6MT nonavi.

AZTSXer

I have not signed the deal yet; I think I'll push for a few hundred more now. How does CarMax buy?

Jason

A few hundred? Dude, you should push Bell or Scottsdale Acura (wherever you bought it) for THOUSANDS more. I doubt they'll give it to you so don't even waste your time with them. Go to Carmax or sell it on eBay or something.

biker

Take it overseas with you - you'll be an instant hit on the local Accord scene.

TonyFresh

TSXautoXer

Well, bring it to the CarMax store, they'll appraise it, and let you know the appraisal value, and if you're satisfied, they'll write you a check, on the spot!! Of course I assume you have a CarMax store locally.