soccermike7

Hey guys, new to the forum.

I'm looking at an Acura certified 08 type S with 46k miles. The sticker price at the dealership is $25,990.

I have looked at it a couple times, and went back today and talked some numbers. If i get the car I plan to purchase the extended 8yr/120k warranty (it will give me about 4.8yrs and 70k miles).

Anyways, after talking numbers he dropped the price to 25,200. He took $300 off of the warranty (cost ~1900 on their sheet). I got him to add in mud flaps.

There are quite a few rock chips on the front, he agreed to have a quality shop repaint the front end if I wish (he can get it done a lot cheaper than I). The paint, mud flaps, warranty, and tax/title fees are all included in the total price which comes to $29k.

To me that just seems like he should be able to move more on the price of the car. I know Acura has a good resale value, but after searching some forum posts and finding out what people paid for theirs back in 2009, it seems its still overpriced. However, this car is new to me so I'm looking to you all for guidance.

Any thoughts on the price and anything to look out for?


Thanks a bunch.

Regards,
Mike

Derk's K24

The sales price seems fine to me until you get to that final OTD number of $29K. Where do you live and what's your tax rate. To give you an idea I bought my 07' with 45K in October for $25,200 OTD including the extension of the bumper to bumper coverage to 100K.

How does your price jump from $26,800 including the warranty extension to $29K? Are they charging you to fix the front end? How much? Something doesn't seem right with the numbers, to me at least...

dave_ramkumar

iTrader: (5)

i think paying 29k for a CPO - TL-S isn't worth it these days, i think buy a 4G TL , for a few more grand with be the better choice

soccermike7

Unfortunately, tax in my county is 7.75%. Here is the breakdown:

25200 + 1600 (warranty) = $26800
then it lists
250 (the b.s. title fees)
2096.38 (tax for the above $27050)
33.50 (no idea but prob another fee)
= 29179.88 and he agreed to round down to 29 even.

this includes the re-paint and mud flaps. where do you think i can squeeze more out of them? or should i just have them add one of the rubber fitted trunk mats/floor mats into the mix.

soccermike7

oh, and how many miles do you expect to get out of a set of tires. He said "you'll be lucky to get 30k" but I think I looked up the all weather tires they put on the vehicle and they are rated at 60k. obviously its all how you drive, but i'm new to the low profile arena (previous car a 2001 olds aurora)

Shoot2Thrill

Recently buying a 08 TLS and owning a 04 TL I just recommend not buying the extended warranty and found CPO means nothing!

anx1300c

iTrader: (2)

Listen to this man, on both points.

Turbonut

iTrader: (1)

Don’t want to start a war as this has been stated many times the 4G

Mileage is a might high, but I don’t think $29k out the door is a bad price as long as the cae is mint. Make certain the tires are at least 235/45-17, at least a Z rated major brand tire and if money isn’t tight I would certainly purchase the extended warranty as the security is nice to have. Just remember that the Acura Car Care warranty is far from bumper to bumper as there are many parts that aren’t covered.
Also, check the extended warranty as I thought it went to 100k, not 120k, but I could be wrong if it were changed.
Good luck

Kenetic Blue?

ParaSurfer1979

My 08 Base TL Tech had 40k, had brand new Continental ContiExtreme W- rated tires, painted mud flaps, & body side moldings. My dealer also includes limited lifetime warranty free and it was CPO with extended warranty since it covers things that the lifetime warranty does not. Anyway i got the car for 23k b4 taxes/taxes.

C4SxM5

08 with 49kmi $19500. Added acuracare for $1140 more

Turbonut

iTrader: (1)

Plenty of '08 base TL CPO cars available in the $20/$21,000with low mileage, but OP is speaking of a TL-S, different animal.

No matter what you pay someone will says it was too much, but if you've done you're homework and are pleased with the deal, buy and enjoy.

soccermike7

I am more than happy to listen, but what are the reasons? Any specific examples of what we think should be covered but they list as a "wear" item?

Thanks for all your help!

BlueAc

iTrader: (2)

I completely agree... and if the 4g aint your cup of tea then look elsewhere. But paying 29k for a 4-5 year old TL is ridiculous. I paid 24k for my 07 TL-S with 48k miles and I think that was to high. Dealers are raping with some of the prices they are trying to charge to make up for the slow sales of the 4g. When I was looking back in Sept a dealer wanted 29k before taxes and tags for an 08 TL-S with 29k miles.... yeah ok buddy!

Shoot2Thrill

Extended warranties are big profit for all those who sell them that means they are bad deal on average for those who buy them. You still have base coverage to ensure the car is reasonable bug free or you can always sell it again if you are really not happy. Dollars are not tight and I choose not to buy an extended warranty. If dollars were tight I absolutely would not buy it.
I looked at a lot of TL's when buying each one and both times ended up at a non-Acura dealer. It just worked out that way. Both were actually on ebay but I ended up buying outside of ebay. I talked to a lot of dealers, know the car, know the history as best as can be determined. I have befriended a few dealers and know the scoop of CPO and how dealers price etc.. Pricing has a lot of variables. Run the numbers on KBB, look for what cars actually sell for and know the condition of the cars that sold at the price they did. Frankly, if you end up paying a grand extra for a car you know the history etc.. it still is a bargain. If you get a car cheap just figure you may have to put something into it. Walk the walk and you will know a clean good reasonable priced car.

Shoot2Thrill

This is pretty much on track with how I see it. Again, no substitute for knowledge. The best car I saw was a repo 08 TLS 6MT with 14k with a super clear/clean carfax sold for 31K. I thought that was 2 grand over the regret point.

ParaSurfer1979

If money is tight, I'd def purchase the warranty. If you sell the care b4 warranty is finished, they prorate it back to you. But unlike you, i cant afford a new tranny/rebuild or some other expensive part that a warranty would have otherwise covered. Times are hard for me and others. the least need is to have a car in the yard i cant drive but making payments on because i couldn't afford to repair it. Different strokes for different folks. I think its awesome that you dont need the insurance of an extended warranty and can come out of your pocket. I commend you...

Sarbag510

I agree, thats a reasonable price, I got mine 4 months ago with 25k miles on it for 27500.

Shoot2Thrill

You can always get the car repaired for 1/2 the dealer cost. I think if you looked at ALL the options and the realistic probabilities you would find extended warranty is not good value. If you can't afford to pay, let's say $1500 repair why would you not take advantage of the fact the you are buying a "Honda" and live with the positive statistics rather than just admit loss and pay $1,500 as a monthly payment.

ParaSurfer1979

Good day to you...

quicksilver10101

I got my 07 TLS with 28k in Jan 09 for $24k plus tax. Looking to extend the warranty now for 1200. I think the price is a bit high. They can def go down on the price of the car and the price of the warranty. Used car sales are terrible right now. Stick to your guns and walk away if you have to. It seems like you have it all set with them and they're prob betting on you buying the car. Walk away and they will prob call you up with a better offer within a week. Just my 2 cents....

wantedTL/TS

I recently purchased my CPO 08 Tl Type S 6 speed with 32k on the ODO for $25,700 before TTL, etc.

I think you can hard ball on the price. The dealership was originally asking $26,700 which wasn't a bad price to begin with.

I also got the Acuracare warranty for $1200 in the end since I was buying a leased turn in. I never really buy them, but I figured I would as a "just in case".

tlfreek

http://portland.craigslist.org/clc/cto/2150967756.html
http://portland.craigslist.org/mlt/cto/2140341357.html

I have a 07 type s but considering what the Gen4 are going for, I would head in that direction if I were to do it over again. i just plucked a few off of craigslist to get a feel for what they are going for.

06cmv6

got my 08 type S last month...9600 miles on the odometer for 29k

Steven Bell

iTrader: (2)

Sorry to get off topic, but if you guys have not joined our Type S Social Group, you can do so here.

tlfreek

done.

dave_ramkumar

iTrader: (5)

A lot of CPO are loaner cars as well , and we all know how ppl treat loaner cars when they have one , so check more into the history of the car, don't waste 29k on a used car , buy someone thing new.

bameri

iTrader: (1)

I bought my KBP 08 Type-S for $26k w/ 24,700 miles on it. The original sticker was $28k.

Acutron

NADA.com
Kellybluebook.com

Check what it retails for clean. Then see what they are charging you and determine if it's fair. The dealer out here treid to sell my dad a Type S on Saturday that was overpriced by $3000. Top it off with the warranty and taxes and you are looking at an additional 3-4 g's.

ParaSurfer1979

NADA is what my dealer uses... Seems to be the better of the two books. Or edmunds.com TMV guide because we all know prices change frome region to region right?... Right!!!

Acutron

Prices do change from region to region. I wanna say NADA takes this into consideration. Good luck either way. I will be looking come end of April - beginning of May.

RIPHRaPH

OP. I just bought my 1st Acura, an 08 TL with Navi, Ebony on Ebony with 36,600 miles for $22,999. It being my 1st Acura I opted for the base extended warranty (lots of technology/electronics scared me at the moment of truth) but I figured that like homeowners insurance, I like knowing I have replacement value but hope I never have to use it.

Anyway, my cousin is a GM of an Acura dealership and once told me how to negotiate a car price. No dealership is ever going to lose money on a sale. Everyone negotiates their trade-in price. This accounts for the seemingly same car, in similar condition, with the same milage with price points a few hundred dollars apart.

Since the dealership knows the true cost of the car, and you don't never try to counter offer. Let their price just hang there for a while. The uncomfortable silence is uncomfortable for them. You have the cash in your pocket. They want to separate you from that cash.

If you sit there and stay put that signals that you want to buy. Often they will redo numbers before you've had a chance to counter. After they adjust their price again, ask them to "be a little creative" with your trade in.

The play in price is with the trade, not with the car purchase. You can round down and add little things after you see they want the sale.

And it really is true that you get more play the later in the month you buy. I bought on Dec 18th, but they knew that they were losing 2 Saturdays to Xmas and New Years.

They ended up giving me almost $1300 more for my trade than I thought I could get.
My Acura is CPO, one local owner and was in pristine condition. It also had the top Acura rims on it.

There is also a law here in Illinois that says that you pay the sales tax of the county you live in, not where you bought the car, so I saved another 2.5% on the tax.

And the dealership gives me free, unlimited car washes for free for life. (they said, you can come in 2X a day everyday if you want to)

BTW I like the higher milage on an 08. Usually shows highway miles rather than the harder stop and go miles of a low, around town car.

And the last thing they want is to go into another calendar year with a higher milage 08.

!!!!!! Please note, my car insurance went DOWN $360 per year with the added safety features of the 08 TL vs the 99 Accord. Yes it did.!!!!!!!! So there is added savings. The warranty paid for itself right there.

I've have my car 3 weeks already and love it more and more with every passing day. A real pleasure. It took a little getting used to the unique front wheel drive of the Acura, but now she fits like a glove. Affordable luxury.

The dealership loves a well educated consumer. I don't begrudge them a profit, and want them to serve me again if needed. We both got a good deal.

ebelp

You saw that this thread is about an 08 TL-S, right? That's only a 2-3 year old car still under warranty (CPO).

Anyway, if the OTD price is $29k, then that's not too bad. I paid close to $28k OTD for my 08 TL-S with 43k. The net price was similar to what the OP mentioned....$25.5k.