Acura resale value exceeded by Infiniti?
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Acura resale value exceeded by Infiniti?
saw somewhere the residual for Acura TL after 39month lease is 49%, but infiniti M35 is 56%.
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
#4
feel like i responded to a similiar thread but anyways...
the m35 is a nice car, but you should not compare it to the TL. not in the same class as stated above. for that price, i would get german technology. i love my TL because everything comes standard. compare to other cars, i would have to spend thousands more. but everyone has their own opinions.
the m35 is a nice car, but you should not compare it to the TL. not in the same class as stated above. for that price, i would get german technology. i love my TL because everything comes standard. compare to other cars, i would have to spend thousands more. but everyone has their own opinions.
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Originally Posted by gainful
when I leased my 03 TL , they told me the residual after 39 month is 56%, so it dropped for the 04/05 because of the crappy build quality?
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Poocha, after reading all the problems and test drove the 05 TL, i am leaning towards the M35 instead of the TL. I am looking for a "base" M35 so that I can pay $40k instead of $50k for a M with all sort of tech shits.
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If Acura relocates their production back to Japan the build quality will go way up and the resale will follow. What you are seeing is American-based production finally catching up with the brand. My '89 Acura Legend Coupe had a $35K sticker and was of higher quality than my '04 TL. That's a pathetic statement to have to make.
#10
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Originally Posted by mrjoshua
If Acura relocates their production back to Japan the build quality will go way up and the resale will follow. What you are seeing is American-based production finally catching up with the brand. My '89 Acura Legend Coupe had a $35K sticker and was of higher quality than my '04 TL. That's a pathetic statement to have to make.
go to an infiniti forum, say freshalloy.com and see all the complaints about Infiniti's cars.... forums are to discuss problems people have with their cars because its a common place to get help for those sort of things. Can you imagine how boring it would be to see threads that say, "OMG, guess what guys, I drove my car to work and NOTHING went wrong!" or "my CD player works this car rules?!?!?!" I mean be realistic. You will have the same types of problems on an Infiniti, or an Audi, or a BMW, or a Merc, or any other car, why? NO CAR IS PERFECT!!! if you think one is, you need to get a reality check. Japanese quality surpassing American quality is a story of the 80s. Honda's Ohio factory is one of THE BEST rated factories in quality in the world. And in overall quality Acura beats Infiniti.
#11
We traded in our 2004 MDX and were amazed at what we got. Details - 6 mos old, 17,800 miles, NAVI, Touring, not a scratch. We paid $37,800 in March '04. Trade-in was 33,800. Also factor in the tax credit of $2,750 and there was no way we could have sold this ourselves for $36k.
Oh we traded it for an FX35
Acura's hold there value very well
Oh we traded it for an FX35
Acura's hold there value very well
#12
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Originally Posted by cTLgo
go to an infiniti forum, say freshalloy.com and see all the complaints about Infiniti's cars.... forums are to discuss problems people have with their cars because its a common place to get help for those sort of things. Can you imagine how boring it would be to see threads that say, "OMG, guess what guys, I drove my car to work and NOTHING went wrong!" or "my CD player works this car rules?!?!?!" I mean be realistic. You will have the same types of problems on an Infiniti, or an Audi, or a BMW, or a Merc, or any other car, why? NO CAR IS PERFECT!!! if you think one is, you need to get a reality check. Japanese quality surpassing American quality is a story of the 80s. Honda's Ohio factory is one of THE BEST rated factories in quality in the world. And in overall quality Acura beats Infiniti.
No car is perfect. Well, the LS400 is probably the closest thing to perfection that has ever been brought out in the automotive world, but that's another story. I'd like to see documentation on Honda's Ohio factory being so highly rated. That's a rather relative statement otherwise, kind of like JD Powers 'initial quality' ratings, which are a joke. Any manufacturer can make a vehicle that doesn't fall apart in the first year. It's 3+ years that counts.
A few years ago Acura did beat out Infiniti in overall quality, but I'm not sure that this is the case any longer. What I will give you is that the cost advantage Acura holds is still there, and that's one of the primary reasons I bought the car.
#13
Originally Posted by cTLgo
go to an infiniti forum, say freshalloy.com and see all the complaints about Infiniti's cars.... forums are to discuss problems people have with their cars because its a common place to get help for those sort of things. Can you imagine how boring it would be to see threads that say, "OMG, guess what guys, I drove my car to work and NOTHING went wrong!" or "my CD player works this car rules?!?!?!" I mean be realistic. You will have the same types of problems on an Infiniti, or an Audi, or a BMW, or a Merc, or any other car, why? NO CAR IS PERFECT!!! if you think one is, you need to get a reality check. Japanese quality surpassing American quality is a story of the 80s. Honda's Ohio factory is one of THE BEST rated factories in quality in the world. And in overall quality Acura beats Infiniti.
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Originally Posted by gainful
saw somewhere the residual for Acura TL after 39month lease is 49%, but infiniti M35 is 56%.
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
#15
Originally Posted by ndabunka
That's NOTHING but a marketing angle. The old M35 sold SOOOO poorly that they had to do SOMETHING to give the new M appear to be a better deal. The ACTUAL street values/resale on Inifity's is a fraction of the resale on the Acura's. Just do a search on a 2003 M35. You will see that after only 2 years, it is about 50% of the original. 56% residual after 39 months? Yea, RIGHT! Truth is that you can only get that deal from infinity, not from a third party leasing company. The underlying premise is that Inifity is trying to buy customers.
#16
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Originally Posted by gainful
when I leased my 03 TL , they told me the residual after 39 month is 56%, so it dropped for the 04/05 because of the crappy build quality?
Dealer, manufacturers and lenders play around with the residual based on factors other than what they think the car will be worth. They will all come up with a different number based on many factors. If your lease is based on 56% you still may have gotten screwed, depends on what the car is worth when the lease is up!
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Originally Posted by gainful
nda, there was no M35 before the 2006 model.
MR1, you guys are really blinded by your enthusiasm towards TL.
MR1, you guys are really blinded by your enthusiasm towards TL.
#19
Originally Posted by ndabunka
Your right. Turns out it was marketed as an M45 rather than the 35. I guess the older one had a bigger engine? Seems odd if that's the case, but maybe. Looks like the KBB value for a used 2003 with 25K miles (which would be low) is around $27,500. For a car that was originally $49K, that's a pretty darn steep depreciation in only two years ($22,000 loss). Even though the 2006 LOOKS better than the 2003 and no doubt performs better, I can't see it getting a legitimate 56% residual. Infitiy's simply do NOT hold their value like the other premiere cars (Lexus, BMW, Merc). They actually don't hold up well to even the second teir players (like Acura) if you look at the history.
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I spoke with a former Infiniti salesman and he told me that the heavy depreciation their model line used to take had to do with an inability to differentiate the product line significantly enough from Nissan's line. The exception was the Q45, but its depreciation was hurt by the G20 (Altima), the I30 (Maxima) and the QX4 (Pathfinder). The G35 represented their rebirth as a premier luxury/performance car company serious about competing with BWM, Mercedes and Lexus. The G35 is holding its projected resale value and the M45 should reinforce this trend. However, Infiniti pushes sales by selling G35s to rental car fleets as they did with their I30/I35 line. This is one of the biggest reasons heavier depreciation sets in. Acura, to my knowledge, does not do this, but when I traded in my '01 TL its resale was $2K below what it was projected to be. The dealer even admitted that the TL's resale value had been somewhat of a disappointment.
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Originally Posted by gainful
saw somewhere the residual for Acura TL after 39month lease is 49%, but infiniti M35 is 56%.
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
So Honda product doesn't hold their value as well as they did before?
I went to a infiniti dealer yesterday to see the new M and had a crush on it.
Its so muscular and elegant at the same time. Interior is much better than A6 or 530i. Got a lease quote on a M35x with Journey package ( MSRP $46000 )
39 month: $684
42 month: $672, includes 9% PA lease tax, nothing up front.
I guess it is not bad a deal.......
If the Infiniti is such a good deal, why didn't you get it? Are you waiting for someone here to help you make up your mind, or trying to spread Infiniti flames in an Acura forum?
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Originally Posted by gainful
Poocha, after reading all the problems and test drove the 05 TL, i am leaning towards the M35 instead of the TL. I am looking for a "base" M35 so that I can pay $40k instead of $50k for a M with all sort of tech shits.
#24
hmm.. i was originally gonna wait for the Infiniti Skyline GT-R, but I read in an article that Nissan might not have the funds to develop the Skyline. also Nissan has been having these great deals, such as no hassle invoice prices, 0% apr, high residuals.. it seemed like a desperate company, so i went with the TL..
#25
Originally Posted by cornelius
hmm.. i was originally gonna wait for the Infiniti Skyline GT-R, but I read in an article that Nissan might not have the funds to develop the Skyline. also Nissan has been having these great deals, such as no hassle invoice prices, 0% apr, high residuals.. it seemed like a desperate company, so i went with the TL..
BTW, why would you cross shop a GTR ($75k) to a TL ($35k)? If I were in the market for a GTR, I'd go cross shop a Porsche, Merc, etc...
#26
Originally Posted by EZZ
Actually, Honda was much more hurt by the weakening of the US dollar than Nissan. Nissan has been extraordinarily successful in the last 4 years thanks to Carlos Ghosn (called the most powerful man in the Auto industry). They also boast the second highest profit margin of any auto manufacturer. They are far from being in trouble and recently took the #2 spot away from Honda in Japan.
BTW, why would you cross shop a GTR ($75k) to a TL ($35k)? If I were in the market for a GTR, I'd go cross shop a Porsche, Merc, etc...
BTW, why would you cross shop a GTR ($75k) to a TL ($35k)? If I were in the market for a GTR, I'd go cross shop a Porsche, Merc, etc...
#27
05/5AT/Navi/ABP/Quartz
Originally Posted by gainful
nda, there was no M35 before the 2006 model.
MR1, you guys are really blinded by your enthusiasm towards TL.
MR1, you guys are really blinded by your enthusiasm towards TL.
#28
Originally Posted by ndabunka
Your right. Turns out it was marketed as an M45 rather than the 35. I guess the older one had a bigger engine? Seems odd if that's the case, but maybe. Looks like the KBB value for a used 2003 with 25K miles (which would be low) is around $27,500. For a car that was originally $49K, that's a pretty darn steep depreciation in only two years ($22,000 loss). Even though the 2006 LOOKS better than the 2003 and no doubt performs better, I can't see it getting a legitimate 56% residual. Infitiy's simply do NOT hold their value like the other premiere cars (Lexus, BMW, Merc). They actually don't hold up well to even the second teir players (like Acura) if you look at the history.
Originally Posted by mrjoshua
If Acura relocates their production back to Japan the build quality will go way up and the resale will follow. What you are seeing is American-based production finally catching up with the brand. My '89 Acura Legend Coupe had a $35K sticker and was of higher quality than my '04 TL. That's a pathetic statement to have to make.
#29
Well I would say the acura resale sucks since the 2g has had all kinds of powrtrain issues and well the 3G as well oil jets etc.
So it is really hard to say what a car is worth before you go to trade. You will not know until it is time to trade it in ... I know people want to believe they got the best deal the best trade in...lol
Truth be told, many people on here are testing out their own 0-60 times... that plus rattles etc does not make the resale very good. I am talking about something with 10,000 miles on it. I am talking real world 3-4 year old used cars that have 45-60k miles. That's when you find out what the car is really worth.
But by then you might be on your 3rd set of tires and 3rd set of brakes... trust me acura might stand by the warranty when you are the owner of a car, but when you go to trade it in, they dealer has to sell it to an informed buyer about potential issues... which means... the resale is not as good as you might think it is or what edmunds or kelly tells you...
So it is really hard to say what a car is worth before you go to trade. You will not know until it is time to trade it in ... I know people want to believe they got the best deal the best trade in...lol
Truth be told, many people on here are testing out their own 0-60 times... that plus rattles etc does not make the resale very good. I am talking about something with 10,000 miles on it. I am talking real world 3-4 year old used cars that have 45-60k miles. That's when you find out what the car is really worth.
But by then you might be on your 3rd set of tires and 3rd set of brakes... trust me acura might stand by the warranty when you are the owner of a car, but when you go to trade it in, they dealer has to sell it to an informed buyer about potential issues... which means... the resale is not as good as you might think it is or what edmunds or kelly tells you...
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