Car Value

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Old Feb 19, 2003 | 02:01 PM
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Car Value

If they do discontinue the CL what would that do for the resale and trade in value?
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Old Feb 19, 2003 | 02:06 PM
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From: The QC
both would probably drop pretty significantly.....
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Old Feb 19, 2003 | 02:07 PM
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It'd be similar to the DOW Jones in recent months...
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Old Feb 19, 2003 | 02:24 PM
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I do not think it would be any different if they redesigned it.

Because technically, if they introduce a "NEW" redesigned cl, then the current CL is more or less discontinued anyway.

Just because a name lives on doesn't mean it will help resale of the older car.
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Old Feb 19, 2003 | 02:29 PM
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I don’t know about all you SLUSHBOX drivers, but I would expect the value of the (2,700) 6-Speeds built to hold BETTER if 2003 is the last year for the CL-S.

Shawn S
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Old Feb 19, 2003 | 03:14 PM
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Looking at the Legend the name was changed to Rl, but the Legends continue to have great resale value. I agree with Shawn the 6speed may not get hit as hard as the 5speeds. Oh well
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Old Feb 23, 2003 | 03:44 PM
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It's still an Acura...

Shouldn't affect it too bad, it's still an excellent car, loaded, etc.
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Old Feb 23, 2003 | 09:32 PM
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Originally posted by chris3240929
It's still an Acura...

Shouldn't affect it too bad, it's still an excellent car, loaded, etc.
This scenario (our cars being discontinued so quickly) reminds me of the Vigor. Out for only 3 years, not really accepted initially, but over time has held its value well. The car's value will probably sink for the first 2-3 years but I think they will stabilize and hold well over the years to come. IMHO of course.
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Old Feb 23, 2003 | 10:41 PM
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I agree

I agree...

If the car was a POS, hot today & not tomorrow, I'd be worried. But the 48 month warranty & lux appeal is not going anywhere. This time of year everyone takes a hit on trade in.
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Old Feb 23, 2003 | 11:27 PM
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Well, supposedly there were VERY few 6-speeds sold in the US compared to the miserable number of TOTAL CL's sold overall. The CL-S 6spd will be sought after in about a year or so when everybody and their mom has a G35C. Keep your mileage low and the car in good condition... you can't go wrong.
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Old Feb 24, 2003 | 09:04 AM
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If it matters, after they discontinued the Prelude (due to lack-luster sales), I still got over 42% back on trade in after 5 years and just shy of 60K miles. I would have gotten more like 45%-50% had I not had a quarterpanel replaced a couple years prior.

It's a Honda. Hondas hold their value. Usually.
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