3G TL (2004-2008)
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Resale value (good!)

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Old 10-08-2004, 03:38 PM
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Resale value (good!)

Wow. If the listings on Autotrader are a good indicator, the resale value on these TLs is pretty good. Did a search for a used 2004 TL and found the the average price is just shy of $32K. That includes one 'suspect' listing for $11,998. On the other hand, the dealership in Corte Madera, CA wants $37,988 for a used TL!

At this rate, my TL will be worth about $47,000 in a couple of years! (at least at that dealership)

Kelly Blue Book shows a 2004 TL 5AT w/navi and 10K miles has a 'private party' price of $33,175.

Looks like you can't get hurt (financially) with this vehicle. And probably won't get hurt physically either (crash test ratings)!

Just wanted to share the love...
Old 10-08-2004, 04:45 PM
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lol.... how on earth that car increases its value after 1yr of driving!.... i think it would be great if the car worth just over 28k~29k after yr of drive.
Old 10-08-2004, 05:45 PM
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That is very good to know. Looks like we all made the right decision in buying one then.
Old 10-08-2004, 05:50 PM
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Great info!
Old 10-08-2004, 06:35 PM
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The Tl holds up better than almost any other mass produced car. Two weeks ago when I bought my new Lexus RX330 the salesman apologized that he could offer me only "wholesale auction" value for my 2000TL. It was almost $14k.. Hell, I paid less than $28k new. So the "lowball" offer was still >50% of what I paid years ago!! And no, he didn't pad the price of the Lexus. I got $4200 off sticker(invoice+$400).
Old 10-08-2004, 09:44 PM
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Not sure where I saw it, but TL was just rated in the top 3 for resale value in our class .. Now if you excuse me I'm off to buy some stock ..
Old 10-08-2004, 10:16 PM
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Why residauls are so low then compared to MB and BMW?
Old 10-09-2004, 05:51 PM
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Originally Posted by SergeyM
Why residauls are so low then compared to MB and BMW?
The Germans are supplying cash to sweeten the leases rather than "cheapen the brand" by offering discounts or rebates. Honda won't supply one dime on a TL lease. Why should they?
Old 10-09-2004, 05:54 PM
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Look at actual sales. Listings mean nothing.
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