TL - Bad Resale Value Lately

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Old Apr 22, 2003 | 11:00 AM
  #1  
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TL - Bad Resale Value Lately

I dont know if its just me, but it seems like used TL's in general have really been selling for dirt cheap. Don't know if it's all the negative publicity of the transmission issues, but it doesn't appear that the TL holds it's value like it used to. Anyone else agree??
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Old Apr 22, 2003 | 11:05 AM
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The entire used sales car market is depressed; all of the zero percent financing on new cars has flooded the market.
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Old Apr 22, 2003 | 12:52 PM
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I have been looking to buy a gently used car for the past month. And I can attest that it's a buyers market out there. The only car that still gets enough interest is the BMW 3-series 99+.

I don't think it's transmission because a lot of us don't know about it when we enter the market. Basically it's the low demand for any large investment, and like the previous reply mentioned low rate interest rates.

Mohmd.
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Old Apr 22, 2003 | 12:52 PM
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that and there's a new model coming out. whenever there are new models released, older cars of that model lose value
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Old Apr 22, 2003 | 12:54 PM
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i have yet to find a ssm tl-S with navi and low milage for a good price. where are u guys looking? iv been looking at autotrdr but nuttin.
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Old Apr 22, 2003 | 02:50 PM
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i saw a 00 tl for 15000 with not too many miles on it
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Old Apr 22, 2003 | 03:11 PM
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Originally posted by got_3.2?
i have yet to find a ssm tl-S with navi and low milage for a good price. where are u guys looking? iv been looking at autotrdr but nuttin.
My favorite: http://www.cars.com
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Old Apr 22, 2003 | 03:56 PM
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Originally posted by Strannik
My favorite: http://www.cars.com
yea thanks bro but iv already checked dat lol... i searched every used car site. their prices are to high for my price range n i prefer navi which i havent seen for my price range.
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Old Apr 22, 2003 | 04:14 PM
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keep looking mike.

there's no point of rushing when you buy a car.
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Old Apr 23, 2003 | 08:42 AM
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Originally posted by got_3.2?
yea thanks bro but iv already checked dat lol... i searched every used car site. their prices are to high for my price range n i prefer navi which i havent seen for my price range.
Where do you live?
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Old Apr 23, 2003 | 09:57 AM
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there is a used car dealership that deals in selling exotics, hard to get cars and luxury vehicles by my house. They have a 00 vette with 17000 miles on it. Red, red leather, polished wheels, and targa top. They are selling this car for 24000
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Old Apr 23, 2003 | 10:27 AM
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Originally posted by Professor
The entire used sales car market is depressed; all of the zero percent financing on new cars has flooded the market.
Now is definitly the time to get that high end used car that you couldn't afford when it was new. You can probably find a 2000 BMW 740 for under 35 grand easy (if not 30). Hmm, new TL or 3 year old 740. Granted the TL is more reliable, but damn the 740 rides nice.

There are some pretty good financing rates on used cars now too.


As for the TL, the market is flooded with TLs. You can bet a load of TLs come off lease everyday.
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Old Apr 23, 2003 | 02:48 PM
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My friend just bought a 00 with 19k miles for 17k. Not sure if this is good or bad. Considering the car was what, 28k new it's not that bad.
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Old Apr 24, 2003 | 09:11 AM
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Just found on http://www.caranddriver.com - in the news, used luxury car prices are VERY depressed, and have dropped significantly in the past few months. So yeah, this is a great time to buy used luxury.

Regarding getting a good deal - there are a few dealer in MD that can take you to wholesale dealer only auciton - like Mannheim in PA, for $300 fee. SO, you can choose a car, and then pay what dealers pay for it. I got my '00 w/Navi 1 year ago, 24K miles, paid $22,300+fee+taxes. Comparing to the deals in the dealerships or private sales, saved at least $1,000.
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Old Apr 24, 2003 | 03:26 PM
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19K payout

I crashed my 99TL few months ago. They insurance company would not total it but so far they ended up paying 18,000 in repairs.. I don't know if it means that they market value is more than 18Gs or they just screwed up on there initial estimate,...
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Old Apr 24, 2003 | 06:00 PM
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Guys, I also think that ebay has something to do with our car's overall value. I mean you can get a used TL for a bag of baseballs now-a-days. You see TL's that are only a couple of years old that have 30-40k on them selling for like $15,000. To put it in doopstr's terms, if you didn't have a TL, would you buy a brand new civic or a 2000 TL with 35k?
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Old Apr 24, 2003 | 11:37 PM
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Yeah i agree with you guys, Bad resale value, our car is worth so much more plus all the mods and time we put into it, Why even sell it when we don't get the value it deserves.
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Old Apr 25, 2003 | 09:16 AM
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I am not selling mine!
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Old Apr 25, 2003 | 10:05 AM
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i'm driving mines all the way to the ground...
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Old Apr 25, 2003 | 12:05 PM
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Originally posted by BigNard
if you didn't have a TL, would you buy a brand new civic or a 2000 TL with 35k?
i had a tl which got totaled and just bought a 00 ssm tl with navi with 34k miles on it. so hard to find dat color with navi n low milage. actually mine is pretty good milage. its like 11,000 miles/yr. paid about $21,500 OTD.
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Old Apr 25, 2003 | 12:13 PM
  #21  
Dr. TLS
 
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From: ATL
Originally posted by BigNard
Guys, I also think that ebay has something to do with our car's overall value. I mean you can get a used TL for a bag of baseballs now-a-days. You see TL's that are only a couple of years old that have 30-40k on them selling for like $15,000. To put it in doopstr's terms, if you didn't have a TL, would you buy a brand new civic or a 2000 TL with 35k?

Try that to comparable Infiniti sedans selling for that much after only one year of use. Used TLs values are lower because of the market.
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