norcaltsx

Wanted to get your thoughts on the current resale value of the TL-S. Now that the majority of 07-08 TL-S leases are finished and getting up there in age, I've noticed you can get one with decent mileage for under the $20K mark. What are your thoughts on what the price will be at the end of 2011? under $17.5K/15K?Appreciate your input.

Babnik

It's not just the TL-S, if you look at comparable sport sedans like the G or the 328 or A4 they are depreciating just as fast.

stiffdogg06

iTrader: (1)

Ferrari 328's? Those are still kind of expensive.

ionojimbo

better copy and paste the word "search" and get ready for new members my age joining the forums

EwitzDavid

yea i was in the market for the base model tl to buy for my g/f. and after some searching i found a 07 type s for 20 grand with like 30k on the odometer. i thought they were usually around 25-28k used. lol probably next year u can get a evo 9 mr for 17k

Babnik

You can find E60 M5s in the low 30s.

meowevil

iTrader: (1)

That's true but you also need to consider the location. For instance you will have to difficult time to find a type S that cheap in chicago.

JTS97Z28

iTrader: (4)

Its a tough call here as it can go either way. To be honest I was actually surprised to see how high some Type S's are priced still. Sure I have seen some with average miles for around 20, but if you want a super clean low mileage example I have seen some 08's in the Chicago area for near 30!!!!

Not to dis any younger people here but it does kind of suck when you see teenage boys ricing out nice cars like a Type S. Thats when you know its time to move on lol. I do however have full respect for someone who works and pays for their own car and actually takes care of it and doesnt do stupid shit to it :-).

I hate cars

That's one reason I was a little worried about buying a Honda product and the stigma that goes along with it. I knew one day these cars would be affordable to the 18-21yr olds and this would happen.

On topic, the TLs seem to hold their value extremely well. I had a friend who was amazed at what used TLs were still going for. Take a look at the typical Beemer at the same age and look at the depreciation. I guess it's good for those looking to sell and not so good for those looking to buy.

jpgayan

I lucked into a high milage (112,000) 2007 TL-S 6MT for $15,500 last month. Once I added in the cost of flying from Idaho to Boston and driving back it was more like $16,200 but I'm still really happy with it. High miles on newer Honda/Toyota/Nissan products don't really scare me. I take care of my stuff and have never been able to kill anything.

sluudog

In my area (SF Bay Are), they want nearly 30k for a 2008 CPO Type-S. I found one in LA (2008, lease return with under 30k miles) and they laughed @ me when I offered 27.5 OTD. I'm hoping that once the 2012 TL is released (heard March/April) that they'll be more wiggle room on 2007/2008 Type-s'.

VenomInside

I just recently picked up mine in chicago for 25,xxx. 26K on the odometer. WDP, auto. When I was there they had 4 others

ionojimbo

i like to keep my car close to an oem look thank you very much -_- lol

jimmyl

Yea, some of them are OK. Actually, I bet quite a few are OK, just annoying to the more "mature" crowd.
I'm sure I annoyed plenty of folks back in my teens and 20's. Doesn't mean I enjoy the payback now though......

mrlal8

iTrader: (2)

lol shit happens...
car values will continue to drop as the model gets older and that doesnt mean a young person shouldnt be able to buy the car...
if you can afford a car then you buy it maturity has no part in it
only problem I have with the "younger" crowd buying this car is when they are putting purple tow hooks on it and honda logos over the car when its an acura.
i also click on these threads and see the "older" crowd talking about young people buying the car but as long as ur tastefully modding the car what difference does age make?

wall e

that is sooo true why is that??? its not like it has AWD for the snow.

Anyways the value is going down fast for the base models too. I got my 08 TL appraised at carmax for 20K.

SDSilverM3

I completely agree with you that it can go either way. After looking at more than enough used TL-Ss to last a lifetime, I found that most of the higher priced cars (> $27k) are the ones in pristine condition and under 25k miles. As you start getting more specific (or picky) and/or looking for 6mt's with low mileage, you will most likely end up at the upper end of the spectrum. I understand someone's definition of "pristine" may differ from mine but let's just say I'm pretty damn picky.

As an example, there was a CPO '08 WDP TL-S in Chicago back in October with only 5,700 miles and an asking price of $33,995. Only thing that stopped me from buying it at that exorbitant price was because of the automatic transmission. I bet that car was beyond clean though.

Second example on the flip side, '08 WDP TL-S 6MT w/42k miles in SoCal with a starting asking price of $26k. More than a few days after the initial listing, the price was reduced to $24k. The car had body work done to the fender which the owner grudgingly disclosed after initially saying he "didn't know". Car ended up selling for $22k a few weeks later.

I could probably give a few more examples of cars that I looked at over the last few months and give a breakdown of why they were priced as such based on their condition but I think it's pretty safe to say, you get what you pay for unless it's a private party distress sale.

paperboy42190

iTrader: (7)

i just got my 2007 tl-s for 17.5k OTD....i'd like to think i got a good deal.

P1zzaman

iTrader: (1)

TL becoming affordable is a bad thing? Just look at some of the gems below:





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VenomInside

Whoa to the images above. Idk, but i have never seen anything like that done to a TL let alone an S here in chicago. Maybe i am oblivious.

paperboy42190

iTrader: (7)

im pretty sure the majority of ricers cant afford a good condition TL....yet. ricers buy old civics for < $5k, whereas a TL is still going for at least $14k for a good condition one.

justnspace

iTrader: (1)

^smdh.

paperboy42190

iTrader: (7)

like i said, the "majority" of them cant afford it. besides, the pictures he showed isnt anywhere near as bad as some of the mods i've seen on ricers in socal. for example, at least the KBP tl-s had a color matched wing instead of a primered or carbon fiber look that cheap civics have.

ladiesman217

lol @ 14k

justnspace

iTrader: (1)

14k is very affordable to the younger crowd.

jda123

This is one reason that I chose an Acura, not the ricing part, but the younger people part. JDA Philosophy 101 says to drive mostly reliable cars well past 100K into 300-400K range to build personal wealth by cutting driving expenses. These kids driving the cars to 250K+ has 2 benefits to me - 1). the have no money for dealerships and they will figure crap out 2). they will post about it. I count on these guys to get past 200K and beyond.

You can bet that the issues with these cars over 200K will be different than the ones that we have today.

WRXtranceformed

The same thing happened to the older Lexus's like the IS300 too, it's not isolated to Acura...The prices dropped into the mid teens and you had younger guys picking them up. The same thing was true for WRX and then STis. It's not a big deal really, I'm not concerned with what other people do to their cars. I've seen Corvettes, BMWs and Mercs that are riced or ghetto'd out too.

vr6vdub

That wasn't a salvage title? What shape is the car in?

murph145

mmmm i need a new car if i start seeing tl's like those pictured above

I think if i were in the market for a new car as of today id get the Caddy CTS type V..... yummmm

P1zzaman

iTrader: (1)

Ok let me give you another example...

JTS97Z28

iTrader: (4)

Wow 17.5 out the door. Whats that like $16,500 for the TL before ttl? Thats incredibly cheap either that car has very high mileage or its had all sorts of body work and/or collision history.





And for the pictures above it really blows my mind that there are people that do stuff like that to cars. I understand we all have our own opinion of what looks "cool" or what is "bad ass", but I cant for the life of me sit there and say wow that spoiler looks great on that TL. I just dont understand wtf that person could be thinking for their mind to make them think that those wings (or any other retarded mods like that) look good.

Acutron

Same in CO.

paperboy42190

iTrader: (7)

yea, 17.5k OTD, bought it from a private seller here on acurazine. it had 74950 miles when i bought it, some consider that high, some dont. to me, mileage and condition considered, its a good deal. btw, mechanically, its perfect, no body work at all, every body panel has a VIN sticker and has no signs of repainting or damage. wheels had no curb rash at all. engine runs smooth and strong. carfax and autocheck come back very clean. car was very well taken care of.

jhumbo

iTrader: (1)

I'm in Chicago as well and I'm with you on that. I have never seen any TLs like that in Chicago. Civics yes, but not TLs.

AWDream

I got my 08 TL-S with 86k on it for 17.9 in november, from a dealership. It's problem free, and well taken care of.

johnfilice

Just bought an 07 Type S with 23k miles for $24,000. Was a little more expensive than some others, but they all had 50k+ so decided to pay a little more for a newer car. But I did see a few of them under 20k.

rhafikjaan

I'm 21 do you see my car riced out?...thats what i thought lol

JTS97Z28

iTrader: (4)

Wow then thats a pretty sweet deal then. I to wouldnt worry about those miles thats nothing for a Honda/Acura product.

There is a local 2008 Type S 6sp manual with 62K miles thats acura CPO at Acura in Orland Park near Chicago for 21.9. Seems like a pretty good deal if the car checks out clean. What exactly does CPO add? any additional warranty?

ladiesman217

whats your point? you're still a young guy with a car that was once 40K, make sense for an older crowd wanting to switch to newer cars once they see 3Gs TLs being driven by teenagers .... heck even I thought about switching a year ago when I started to see numerous guys my age in base tls (and I was already in a Type S)... Now its common for me to see Type-S' being driven by guys my age...the funny thing is in Canada a new TL Type S would have cost close to like $56K back in the day, I wonder which "kids" could have afforded it back then....

paperboy42190

iTrader: (7)

there are some pretty rich kids around, i go to college at UCR and have seen quite a few nice cars in the student parking lots...