Why does the CL have such a bad resale value??
10-09-2007, 09:06 AM
#41
Senior Moderator
Most 5 year old cars retain 50% of there value...
When I bought my 6spd in 2002, I looked at edmunds and it said the Acura CL should retail 52% of it's value after 5 years. I bought mine for 29.4K (non-navi) and it's probably worth 14K in a private sale which isn't that far off from the estimate from 5 years ago...
The automatic transmission issues, the fact that the CL is a coupe, and it was discontinued back in 2003, aren't good factors for high resale value, but the CL has been pretty good.
An average 03 will probably be in the 14-17 price range with the 01's probably in the 9-12K range.
When I bought my 6spd in 2002, I looked at edmunds and it said the Acura CL should retail 52% of it's value after 5 years. I bought mine for 29.4K (non-navi) and it's probably worth 14K in a private sale which isn't that far off from the estimate from 5 years ago...
The automatic transmission issues, the fact that the CL is a coupe, and it was discontinued back in 2003, aren't good factors for high resale value, but the CL has been pretty good.
An average 03 will probably be in the 14-17 price range with the 01's probably in the 9-12K range.
10-09-2007, 09:38 AM
#42
Originally Posted by Gerry Burnsed
I bought a CL in 2001 new with everything that was available, including a nav. Silver with black leather interior. I paid 32K. Last Thursday night I totaled it on I-10 in Alabama. I have been looking for another one since and have not found ond with the same features (nav). I found that most (without nav)were being offerred for around 15K. Since I have not bought a used car for more that 30 years I am not aware of the used car prices. Os 50 per-cent of new price on a six year old car with 80 to 100K miles bad? I am still looking for a CL with nav so if anyone knows of one please let me know.
10-09-2007, 10:58 AM
#43
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Originally Posted by Megatron
Just curious what you think an 01 CL Type S Silver with NAV just like your's is worth. This car has only 7,000 original miles and is basically like brand new. It has been garaged since new and even has some of the new car smell still. It has never touched rain. Basically, it's the best condition, lowest mileage CL Type S you will ever find anywhere. Not totally set on selling it, but just curious what this car would be worth to people...
It's not like you're selling a Z06. $13,500 tops.
10-09-2007, 02:37 PM
#44
Trolling Canuckistan
The fact that it is a big coupe is probably the Cl's biggest resale flaw. It take a unique person who will give up almost all praticality for style.
10-09-2007, 03:59 PM
#46
Senior Moderator
Originally Posted by fenixxishot
Mr.Steve every time I see your new avatar I just want to say how right you really are, keep up the awesome work.
10-10-2007, 11:59 AM
#47
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Originally Posted by Megatron
Just curious what you think an 01 CL Type S Silver with NAV just like your's is worth. This car has only 7,000 original miles and is basically like brand new. It has been garaged since new and even has some of the new car smell still. It has never touched rain. Basically, it's the best condition, lowest mileage CL Type S you will ever find anywhere. Not totally set on selling it, but just curious what this car would be worth to people...
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