JZ

Here is an interesting little tidbit on how well our cars hold their value:

Per Edmunds:

2001 CLS Black, 75k miles, outstanding condition
Trade: 13527
Private party: 15097
Dealer: 16599
Certified: 18499

2001 Accord V6 coupe Black, 75k miles, outstanding condition
Trade: 12489
Private party: 14434
Dealer: 16279
Certified: 17629

Now, since the CLS was really closer to an 02 model, here are the 02 Accord prices

2002 Accord V6 coupe Black, 75k miles, outstanding condition
Trade: 14235
Private party: 15674
Dealer: 18142
Certified: 19492

Thus, our cars being Acuras and superior to the Honda Accord Coupe in EVERY conceivable way are worth essentially equal to that of an Accord.

With these prices out there, who in their right mind would buy the Accord?

SAD.... Talk about being locked into a car--and I'm one of the lucky ones whose car is paid off but just doesn't want to take a bath on selling the CL.

Chaptorial

Yeah but the 6th gens don't have memory seats or an option for Navi. So they suck.

ghost_masterCL

just because edmnds has those prices doesn'te mean youll actually find a CLS at those prices.

jherb

I bought an 02 CLS with 35k miles for $17,300 a month ago.

jaxbchCL-S

i got my CL-S w/nav ..w/27,000 miles at the time for 18,000....

av6ent

It's not that. AV6 has NO low-end torque, no knock sensor so they suck.
Well, unless you swap CLS cyl. heads + manifold + TB

And still, no comparison

Chaptorial

Just joking. I had a 6th gen accord coupe for a short time before the CLS and i actually liked it.

goredcar

Well, having owned an Accord prior to my CLS, I have to tell you up here (Canada) there is a big difference in resale price. I jumped three years form a 98 Accord to an 01 CLS and paid a $11K difference.

I think that "list" prices from sources like edmunds and others are just a guide. What cars really sell for is often very different.

When I first got the CLS I was a bit dissapointed... I guess that I had really built it up in my mind, but I would never go back to the regular Honda.

The level of luxury and the power difference make it a totally different class of car. I just wish that it was red (like my Accord was).

darrinb

thats a great deal

Red-CL

:traitor:

Chaptorial

Come on i just "upgraded" to the CLS.

SG81

iTrader: (1)

i got my '03 with 46,000 KM (28,500 miles) for $25K Canadian, or about $16,000 US.
and that was in june of this year.

but mine was snow driven

F900

Your figures are 6months old.

Here are the Current Values for both Cars at Auction Below

F900

2001 Acura CL S 2D Coupe 70,000miles

MSRP: $30,330
Loan Value: $13,055

Black Book Retail as of 11/08/04

Black Book Retail as of 11/08/04
Extra Clean Clean Average Rough
Base N/A $18,425 $16,500 $14,250
Options N/A $0 $0 $0
Mileage N/A ($1,375) ($1,300) ($950)
Total N/A $17,050 $15,200 $13,300


Black Book Trade-In as of 11/08/04
Clean Average Rough
Base $15,650 $14,375 $11,340
Options $0 $0 $0
Mileage ($1,375) ($1,300) ($950)
Total $14,275 $13,075 $10,390

F900

2001 Honda Accord EX 2D Coupe V6 70,000miles

MSRP: $25,100
Loan Value: $12,130

Black Book Retail as of 11/08/04
Extra Clean Clean Average Rough
Base $17,575 $16,900 $15,250 $13,325
Options $0 $0 $0 $0
Mileage ($1,400) ($1,050) ($925) ($575)
Total $16,175 $15,850 $14,325 $12,750



Black Book Trade-In as of 11/08/04
Clean Average Rough
Base $14,175 $13,075 $10,440
Options $0 $0 $0
Mileage ($1,050) ($925) ($575)
Total $13,125 $12,150 $9,865

GreenMonster

I bought my Acura because I thought it would have a great re-sale value. It's not bad when compared to some domestic vehicles, but sometimes I wish I would have waited and bought an Accord 6spd instead...

I'll probably keep my CLS for awhile now that the re-sale is in the crapper, and it'll probably become my winter beater

AMorgCLS

The CL would have held it's resale value if Acura didnt discontinue the model. Theoretically, once a manufacturer discontinues a model, the models resale value doesnt hold that much. But since it is a honda product, it didnt get hit as bad as our domestic vehicles.

chef chris

That's certainly more like it & I agree, it doesn't necessarily mean that one will pay these amounts at the dealership.

Looking at autotrader in the philly area, there aren't a whole lot of cheap CLS's to be had.

chef chris

Like a Ford Taurus...thing loses over half it's value in the first year due to the fleet sales...ouch.

AMorgCLS

GreenMonster

BTW, my last car was an 1994 Ford Thunderbird.... They discontinued it in 1997

EDIT: I sold my Tbird for $700 w/ 136K miles on it... It went so cheap because the tranny was dying (It might have just needed a torque converter, but I wanted a new car anyways).

clorich

When I bought my '98 CL in 2001 it was actually $1k cheaper than a '98 AV6 on the same lot...

AMorgCLS

$700??? ouch

GreenMonster

It's weird like that. You would think an Acura would be higher priced, but the Accords are just more popular.

I kinda like the fact that my CLS isn't popular, and you don't see many around.

F900

Interesting enough there is a 01 CLS with spolier with 72000miles @ at my Acura local dealer, i'd say from looking at it, its in average condition. It only comes with a 30 Warranty. 2 months ago it was 17.9, now its reduced to $16,000.

My bet is whoever buys it could get it somewhere around 14.5, if they know how to haggle