trade in value of 03 cl

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Old Feb 27, 2004 | 01:54 PM
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trade in value of 03 cl

Wow, just got finished being insulted by the local Acura dealer. They are offering me 19.5K for my CL S 6spd w/nav. I only have 24K miles. I told her to eat the TL and that I would be talking to infinity soon. How do they expect to get repeat customers when they depriate their own cars 14K in one year?

Fucking morons
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Old Feb 27, 2004 | 02:00 PM
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what is it about the cl that made it depreciate so fast?

are all acuras like that? I can't imagine an RL or a TL dropping like that...
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Old Feb 27, 2004 | 02:01 PM
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Mileage is high, but even so, that's a pretty lowball offer. But I wouldn't expect more than a couple thousand more than that.

Maybe 22K tops???
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Old Feb 27, 2004 | 02:06 PM
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Just seems like repeat bussiness would be rewarded. That is pretty average milaege for Houston drivers. The car was purchased in Sept of 2002 so it is 1.5 years old.
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Old Feb 27, 2004 | 02:09 PM
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First year depreciation is the WORST for ANY car.
My buddy bought a 2003 Mustang GT last summer for about 24,000.
He had nothing but trouble with the 5-Speed and Ford was giving him the runaround.
He just traded it and only got 16,400 bucks.
That’s a HELL of a hit for like 6-Months of use and less then 5,000 miles.

I still think the 2003 CL-S 6-Speed values will hold better then the Auto’s, but that’s gonna take a few years.
Right now there’s the “stigma” of the model cancellation and all the Auto Tranny failure bring it down.
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Old Feb 27, 2004 | 02:31 PM
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I think it's based on them discontinuing the line and pushing the TSX and TL. RL's should resell fine.
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Old Feb 27, 2004 | 02:42 PM
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Originally posted by Shawn S
First year depreciation is the WORST for ANY car.

I still think the 2003 CL-S 6-Speed values will hold better then the Auto’s, but that’s gonna take a few years.

Right now there’s the “stigma” of the model cancellation and all the Auto Tranny failure bring it down.
3 Good points Shawn.

Everyone always screams 'depreciation' when they try to trade at the dealer...OF COURSE. Dealers aren't there to play footsies & the used car market has been flooded the last 2 or 3 years from all the 0% BS.

Sell it outright & get what it's worth. NADA gives a trade value on that vehicle of $23K, dealer may use wholesale figures...if so $21K...So it sounds like they're rooking you anyhow, but don't expect any love since the TL is new & they'll get every penny of MSRP from the next guy in line.
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Old Feb 27, 2004 | 02:50 PM
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Guys I had an 02 RSX type S I traded with 21K miles on it. it as in a major accident and the dealer new it. They still gave me 19K for it and sold me the CL for invoice. that car was wrecked all to hell and put back together horribly and it lost about 7K total from it original drive out price. The CL is emaculate and is losing 15K after 1 year.

Crazy stuff

I will just keep it. I really do like the car and am not heart broken at all. Maybe that is what they are preying on, people who can't control their haste.
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Old Feb 27, 2004 | 03:12 PM
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Originally posted by CBR1100XX
Maybe that is what they are preying on, people who can't control their haste.
So much in the U.S. preys on peoples' haste and greed. No joke, enjoy your car, it's a fine automobile.

Only way I'd trade in my CL for something else is if I had enough money to neglect the fact that I'm going to get reamed, financially speaking.

In the meanwhile, cheers and good luck.
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Old Feb 27, 2004 | 03:14 PM
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Originally posted by CBR1100XX
Guys I had an 02 RSX type S I traded with 21K miles on it. it as in a major accident and the dealer new it. They still gave me 19K for it and sold me the CL for invoice. that car was wrecked all to hell and put back together horribly and it lost about 7K total from it original drive out price. The CL is emaculate and is losing 15K after 1 year.
Same dealer? wow.
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Old Feb 27, 2004 | 04:54 PM
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Damn thats sad.
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Old Feb 27, 2004 | 05:34 PM
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Yeah well the CL is my 3rd acura and I was looking into making it 4. I am just reallt surprised with the lack of customer or repeat customer service. I guess what really pisses me off is a friend of mine just traded in his MDX at this dealer. He got the 04 tl with nav for 32,400. that is the invoice price. He is the finance guy at a local lincoln dealership and apparently knows how to negotiate better than me. So I know they will do it.
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Old Feb 27, 2004 | 05:59 PM
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Why would you want to go from a CLS 6sp to an 04 TL. The CLS 6sp is a better car IMO. I've driven the 04 TL and wasn't impressed with it. It surely doesn't handle as good as the CLS 6sp does and it's heavier; so it's not any faster. Unless you want a sedan over a coupe it doesn't make any sense. The interior is a bit cheezy too as compared to the CLS 6sp.
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Old Feb 27, 2004 | 07:09 PM
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I'm sorry but the KBB for this car with that many miles on it is only $19,000.

You probably won't get any better deal from Infiniti.

Sell it privately. You should be able to get about $23,000.
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Old Feb 27, 2004 | 07:15 PM
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actually go to www.kbb.com and the 2003 6spd trade in value is $20,075 in excellent condition with nav.

so maybe $19.5k isn't that bad, but i would still sell it outright.

Oh, and about 2 days ago i checked my car and it was like $17k something with 32000 miles and now its down to 16k ???
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Old Feb 27, 2004 | 07:53 PM
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Wow, 2003 6MT w/ navi blue book values are only $20k? Makes me damn glad I sold (privately) my 2001 CL-S (non navi) with 28k miles last January for $22,500. Not bad depreciation considering I bought the car about 3 months after they were released in 2000.
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Old Feb 27, 2004 | 08:09 PM
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Sorry I did auto.

My 6 speed it $21,000 Trade in but $24,000 private sale, but I only have 12000 miles on it.
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Old Feb 27, 2004 | 09:04 PM
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per cousin-in-law who is in dealer Finance... unless a dealer makes $4-5k on average, they do not bother to fight to get your tradeIn, unless the incentives, the dealership bonus and some internal purks are in order... but which we obviously know little about...
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Old Feb 28, 2004 | 09:13 AM
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cls6sp03

You are right that is why I am pissed not heart broken. I would kind of like a real back seat and the larger navi. Other than that i would keep the CL. Over all i love the coupe
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Old Feb 28, 2004 | 09:33 AM
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Unfortunately, that dealer trade in value is probably almost right on. I just picked up an 03 Silver CLS 6spd w/Navi & w/x-tended warranty and only 7,600 miles on it for $26,500 (Acura dealer was asking $28K). The car does not have one scratch on it inside or out. If they let it go for that, they must have killed the guy on the trade in price. I am guessing maybe $21K - $22K at most they gave him and the car was originally sold from this dealer 8 months before!
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Old Feb 28, 2004 | 09:36 AM
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i got mine for $26k with 400 miles on it, no nav.
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Old Feb 29, 2004 | 08:52 AM
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It seems as though if dealers were to give more money to repeat buyers on tade-ins, they would sell A LOT more new cars! For instance, say your car is worth 23000 private party--now, if the dealer tells you they will give you 19000 for the car you tell them to go and F themselves. But, if they were to give you 21000, it might be a different story. I'm sure a lot of people would trade up if the dealers didn't try to rape you with trade in values and this would make the dealer's bottom line look better as well.

I fo one know that I would be driving a 6 speed if the dealer could make me an offer like this.
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Old Feb 29, 2004 | 08:58 AM
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Well as soon as you drive an Acura with Navi off the lot, you've lost $1500 according to every valuation I've seen online. Just keep that in mind.

That being said, I am totally stunned by the first year hit people have taken ...

Also, there's a guy looking for a 6spd CL-S with Navi on this board (I think ... could be the TSX board) so if you can find him, see if you two can't make out a deal.

Good luck!
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Old Feb 29, 2004 | 09:21 AM
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Originally posted by goldmember
So much in the U.S. preys on peoples' haste and greed. No joke, enjoy your car, it's a fine automobile.

Only way I'd trade in my CL for something else is if I had enough money to neglect the fact that I'm going to get reamed, financially speaking.

In the meanwhile, cheers and good luck.
Unless you think the new TL is demonstrably better I'd stick with the CL-S.
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Old Feb 29, 2004 | 09:46 AM
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Wow...

That friggin sucks. My 01 Navi CLS with 43000 miles on it (in excellent condition)--My dealer offered me like 16,800 for it..(after a tiny bit of negotiating)--and I thought that was insulting...
My dealer told me if my car was a 6 speed(which would be impossible for a 2001 I know) it would be worth less...they said they just cannot move them off the lot. I have not sold yet as I am still considering a few different autos...
As far as the new TL is concerned--I love it--I believe in stock form it is faster than the cls...0-60 5.9 I believe? --I also feel the interior is much better than ours. I want a TL because I want a sedan. If they offered me the car at invoice I would have done the deal right there. They barely come off the msrp on the tl...especially the ones with Navi. --
I definitely would want a 6 speed for the TL but I can only imagine how much it will deprecciate...
Well anyway...good luck selling your car.
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Old Feb 29, 2004 | 11:36 AM
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Re: Wow...

Originally posted by SilverJ
...
My dealer told me if my car was a 6 speed(which would be impossible for a 2001 I know) it would be worth less...they said they just cannot move them off the lot. I have not sold yet as I am still considering a few different autos...
Odd that a 6-speed will sit on the lot for a long time. Very fine car. I am not planning to change it soon anyways (I had it for 13 months now). I will continue to enjoy the car in every aspect.
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Old Feb 29, 2004 | 07:49 PM
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The six speed is actually a DEDUCT per the guide books...

HOWEVER, any dealer worth their weight knows the car was a limited production piece & will bring a quick sale.

To date, I've seen ONE red 6 speed on a lot in my area. A few on Autotrader in the Philly area, but they are not very common.
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Old Mar 1, 2004 | 04:56 AM
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hmm

Originally posted by chris3240929
The six speed is actually a DEDUCT per the guide books...

HOWEVER, any dealer worth their weight knows the car was a limited production piece & will bring a quick sale.

To date, I've seen ONE red 6 speed on a lot in my area. A few on Autotrader in the Philly area, but they are not very common.
The dealer may "know" its a limited production but its unlikely
he will give you any more money because its a manual and thats a deduct per kbb and others. There seems to be less and less people who want a manual these days...according to the percentages of people who buy manual vs automatic...I personally love it.
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Old Mar 1, 2004 | 07:18 AM
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Re: hmm

Originally posted by SilverJ
The dealer may "know" its a limited production but its unlikely
he will give you any more money because its a manual and thats a deduct per kbb and others. There seems to be less and less people who want a manual these days...according to the percentages of people who buy manual vs automatic...I personally love it.
Yes, less people want a 6spd, but more "performance" oriented enthusiasts want a 6spd.

Try pricing mid-90's 6spd Legend coupes vs. the auto coupes. The 6spds are hard to find in good condition, and you'll pay more if you want one instead of the auto version.

I'm hoping that once the initial depreciation of the CLS 6spd levels off it'll remain higher then the auto in the long run.
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Old Mar 1, 2004 | 08:06 AM
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I will just keep it. Look at it like this. If the car is only worth 19K trade, then let's say you have only 19K and you are shopping for a used car. A 03 cl type s with Nav is a bad ass car for 19K. I say screw them. I love the car and will just spend money on it to make is seem new. I have already ordered the tv tuner and dvd player for the factory navi conversion. next may be the headers.
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Old Mar 1, 2004 | 08:32 AM
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Originally posted by CBR1100XX
I will just keep it.
I'll probably keep mine till 200K. With the price that you quoted the dealer offering, I can't afford to throw away money (it's paid for).
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Old Mar 1, 2004 | 11:07 AM
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Originally posted by chris3240929
The six speed is actually a DEDUCT per the guide books...
YUP…….But, as mentioned above that’s true for the 91-95 Gen II Legend Coupe as well, but everybody knows the five and six speeds are in MUCH more demand then the Auto’s.
The dealer offered me 7,800 for my 91 Legend Coupe in trade.
They told me it was less valuable because it was stick.
I ended up selling it privately for 11,500 because I found someone looking specifically for a manual.

The same will be true for the 6-Speed CL-S in a few years.

Shawn S
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Old Mar 1, 2004 | 11:21 AM
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Originally posted by Shawn S
The same will be true for the 6-Speed CL-S in a few years.
Which will mean will be able to sell our 6spds privately for a decent price, and use the money as a down payment on a new TL based awd coupe, right ??
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Old Mar 1, 2004 | 11:27 AM
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Originally posted by greenmonster
Which will mean will be able to sell our 6spds privately for a decent price, and use the money as a down payment on a new TL based awd coupe, right ??
Sounds good to me....
WAKE UP Acura and build it.......But not right now.
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Old Mar 1, 2004 | 11:33 AM
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Originally posted by Shawn S
YUP…….But, as mentioned above that’s true for the 91-95 Gen II Legend Coupe as well, but everybody knows the five and six speeds are in MUCH more demand then the Auto’s.
The dealer offered me 7,800 for my 91 Legend Coupe in trade.
They told me it was less valuable because it was stick.
I ended up selling it privately for 11,500 because I found someone looking specifically for a manual.

The same will be true for the 6-Speed CL-S in a few years.

Shawn S

Yeah, I had a friend looking for a Legend 6-speed for months, and he never found one. Just an auto.

Fuck the dealer trade in, just wait for someome who really wants and appreciates the 6-speed.

Now, lets make an example. Infitini G35 coupe 6-speed. It sells for higher price than the auto. It means that in a dealer trade-in that car will be worth less than the auto? C'mon, that's bullshit.
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Old Mar 1, 2004 | 11:44 AM
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Originally posted by zamo


Now, lets make an example. Infitini G35 coupe 6-speed. It sells for higher price than the auto. It means that in a dealer trade-in that car will be worth less than the auto? C'mon, that's bullshit.
The 6 speed in the G is more desirable because it's intended to be more of a "sports car" than the CLS was. Also, don't forget the 6MT G35 also comes stock with Brembos all around and 18" wheels.
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Old Mar 1, 2004 | 11:46 AM
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Originally posted by tmk70
The 6 speed in the G is more desirable because it's intended to be more of a "sports car" than the CLS was. Also, don't forget the 6MT G35 also comes stock with Brembos all around and 18" wheels.
Thats because you appreciate those features. Dealers will give you some bullshit about the manny tranny, plus Infiniti depreciates its value in a faster way than other "luxury" brands.
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Old Mar 1, 2004 | 11:49 AM
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Originally posted by zamo
Thats because you appreciate those features. Dealers will give you some bullshit about the manny tranny, plus Infiniti depreciates its value in a faster way than other "luxury" brands.
No, that's not true. You can only get the Brembos on the 6MT. If you want 18's on an Automatic, you have to order them for big bucks.....and the resale of the G looks to be pretty good.
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Old Mar 1, 2004 | 12:10 PM
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Originally posted by tmk70
No, that's not true. You can only get the Brembos on the 6MT. If you want 18's on an Automatic, you have to order them for big bucks.....and the resale of the G looks to be pretty good.
Just go to kbb web site and punch in some info for trade-in value on the G35C. Or the website is giving the wrong information, or you are just getting the same trade-in value for both auto and manual.
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Old Mar 1, 2004 | 12:30 PM
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Re: Re: hmm

Originally posted by greenmonster
Yes, less people want a 6spd, but more "performance" oriented enthusiasts want a 6spd.

Try pricing mid-90's 6spd Legend coupes vs. the auto coupes. The 6spds are hard to find in good condition, and you'll pay more if you want one instead of the auto version.

I'm hoping that once the initial depreciation of the CLS 6spd levels off it'll remain higher then the auto in the long run.
I agree. Performance oriented buyers, who tend to be younger and more likely to buy used cars will be willing to pay a premium for the 6 speed but that's not the audience that's in the market for this car right now. It will be in a few more years though. Besides, the 5A is so poorly built that once the car has > 100K miles I would be willing to guarantee that that a 6 speed will fetch a higher price.
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