I have currently have a 2006 TL with nav. I plan on keeping it for the next 5 years. Now, I hear that the TL has a very good resale value. I know that mileage and the condition are major factors. Assuming that I'll have around 75,000-80,000 miles and it's in very good/excellent condition, does anyone have any idea what the resale value of my baby would be in 5 years?

 

about half the value...my guess

 

15k ... the residual on my lease was about 17.5k for 42 months and 52k miles. I'd assume you could prob buy it for 20k. Add two years and 30k miles, you get my estimate of $15k (or half like RSA said)

 

some 2g's (02-03 TL-S)with low miles are going for 15,000.....so the same should hold true,i guess.

 

Last week I did a 36 month lease on an '06TL w/Nav, paid $30,500 for it with a residual of 58% for 36,000 miles after 3 years. The 4 year is around 51% and the 5 year around 42% residual. So lesson is - get a great deal upfront! GL