What do you think of this deal?
#1
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What do you think of this deal?
I'm looking at a vehicle at a dealership in Las Vegas and was hoping to get some opinions on the pricing of it.
Vehicle Information:
Color: Black
Year: 2008
Make: Acura
Model: TL Type-S
Mileage: 28,301
Asking Price: $31,987 (it is certified)
Link: http://lasvegasacura.com/Preowned-In...38A020731.aspx
So, I emailed the dealership and said I thought their price was a little bit high and asked what the best price they can give me is. They gave me the usual dealership bullshit about how the vehicle is priced fairly for the condition of it and that, if I made an offer that is close, they would consider it.
Based on my research, I have come up with the following (based on zip code 89117, which is where the vehicle is located):
Edmunds: $29,165
Kelley Blue Book: $31,295
NADA: $28,875 (but I think this isn't for a certified vehicle, I couldn't find information on a certified vehicle on the site -- I think it adds about $1,500 to the price, though, doesn't it?)
What do you guys think? I was thinking of offering them $29k, but I don't want to go too low. I'm buying out of state, so maybe I'm just not familiar with the pricing in the area.... seems like the three major pricing sites wouldn't lie, though. Also, any suggestions on how much you should haggle on a used vehicle? I've read a bunch of posts, but didn't really find an answer to that question.
Thanks so much. You guys are awesome!
Vehicle Information:
Color: Black
Year: 2008
Make: Acura
Model: TL Type-S
Mileage: 28,301
Asking Price: $31,987 (it is certified)
Link: http://lasvegasacura.com/Preowned-In...38A020731.aspx
So, I emailed the dealership and said I thought their price was a little bit high and asked what the best price they can give me is. They gave me the usual dealership bullshit about how the vehicle is priced fairly for the condition of it and that, if I made an offer that is close, they would consider it.
Based on my research, I have come up with the following (based on zip code 89117, which is where the vehicle is located):
Edmunds: $29,165
Kelley Blue Book: $31,295
NADA: $28,875 (but I think this isn't for a certified vehicle, I couldn't find information on a certified vehicle on the site -- I think it adds about $1,500 to the price, though, doesn't it?)
What do you guys think? I was thinking of offering them $29k, but I don't want to go too low. I'm buying out of state, so maybe I'm just not familiar with the pricing in the area.... seems like the three major pricing sites wouldn't lie, though. Also, any suggestions on how much you should haggle on a used vehicle? I've read a bunch of posts, but didn't really find an answer to that question.
Thanks so much. You guys are awesome!
#2
Advanced
The problem is when buying a car like this from out of state that the dealer realizes that you really want the car if you are willing to come several hours out of your way to get it. Therefore I do not see them giving you much of a discount...I bought my car 3 hours away, and even though I left without the car the first visit I only got $200 off. Good luck!
#3
Suzuka Master
iTrader: (1)
Too High even at $29
Just an example, but more listed:
2008 TL Type-S
$27,977
Certified 22,919 Nighthawk Black Pearl Automatic Open Road Acura of East Brunswick
East Brunswick NJ, 08816-4351
(732) 754-6239
2008 TL Type-S
$28,999
Certified 13,543 Nighthawk Black Pearl Automatic Open Road Acura of East Brunswick
East Brunswick NJ, 08816-4351
(732) 754-6239
Look at Acura.com and view the CPO cars listed.
Just an example, but more listed:
2008 TL Type-S
$27,977
Certified 22,919 Nighthawk Black Pearl Automatic Open Road Acura of East Brunswick
East Brunswick NJ, 08816-4351
(732) 754-6239
2008 TL Type-S
$28,999
Certified 13,543 Nighthawk Black Pearl Automatic Open Road Acura of East Brunswick
East Brunswick NJ, 08816-4351
(732) 754-6239
Look at Acura.com and view the CPO cars listed.
Last edited by Turbonut; 10-01-2010 at 11:40 AM.
#7
Just bought my 08 TL-S almost two months ago. Even though the mileage is pretty good for an 08, that's too much. Supposedly getting a car to be a CPO costs 1,500-2,800. Keep looking. They are few around with decent mileage and in great condition but you will find one eventually.
I was able to come down 2,500 from the asking price but it was painful. But once you add tax, title, blah, blah, blah, it will come close to asking price OTD so keep that in mind.
I was able to come down 2,500 from the asking price but it was painful. But once you add tax, title, blah, blah, blah, it will come close to asking price OTD so keep that in mind.
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#8
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certified means somebody singed a paper to certified the car. nothing else. delerships will not spend tons af money in a car that they can sell at the price they ask, cuz ppl just dont know what they are buying or in most cases even know what to look for.
certified=washed and cleaned, in and out, engine bay. They will not change anything they dont have to under law or anything u will noticed. Tires and brakes will be change only if under 3 maybe 4, maybe a new air filter if its not too dirty, they wont even change the A/C filter in most cases.
so... certified=BS
certified=washed and cleaned, in and out, engine bay. They will not change anything they dont have to under law or anything u will noticed. Tires and brakes will be change only if under 3 maybe 4, maybe a new air filter if its not too dirty, they wont even change the A/C filter in most cases.
so... certified=BS
#9
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Keep looking. Max I would pay for a low mile mint 08 Type-s is $28,000 out the door.
I've seen that one. If it wasn't so far way, I might even buy it. I want to be able to drive it home on my weekend from wherever I buy it from, though, so it's just a tad too far east. And really, I'd prefer somewhere that I can drive to and drive home from on my weekend -- I'd just rent a car for a day, drop it off in the destination city, and drive the new car home. Unfortunately, hasn't worked out for me just yet! Might be worth the price of the flight and the day of vacation, though -- 5k miles is freaking fantastic.
I was able to come down 2,500 from the asking price but it was painful. But once you add tax, title, blah, blah, blah, it will come close to asking price OTD so keep that in mind.
There's one here locally with 33k miles, but it has taupe interior. Not sure if that's a sacrifice I want to make - worried I'd wish the entire time I have the car that I had the black and silver.
Thanks for everyone's help - I really appreciate it. Just emailed Power Acura at South Bay about one that they have listed, so we'll see. Kind of worried about the reviews I've read about the dealership, but most of them are service oriented, so maybe it wouldn't be too bad, since I wouldn't be servicing it there.
#10
Suzuka Master
iTrader: (1)
certified means somebody singed a paper to certified the car. nothing else. delerships will not spend tons af money in a car that they can sell at the price they ask, cuz ppl just dont know what they are buying or in most cases even know what to look for.
certified=washed and cleaned, in and out, engine bay. They will not change anything they dont have to under law or anything u will noticed. Tires and brakes will be change only if under 3 maybe 4, maybe a new air filter if its not too dirty, they wont even change the A/C filter in most cases.
so... certified=BS
certified=washed and cleaned, in and out, engine bay. They will not change anything they dont have to under law or anything u will noticed. Tires and brakes will be change only if under 3 maybe 4, maybe a new air filter if its not too dirty, they wont even change the A/C filter in most cases.
so... certified=BS
#11
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#12
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As for the other link, thanks for your suggestion. I never thought to check Craiglist - I was probably turned off by all the murders and/or rapes that you hear about in the news. :P Fortunately, though, I added several to my list of interests and will be following up with them. Thanks again!
#13
Def seems little high, the other day i was looking at one of the local acura dealer and they had few 07 and 08 TL-S.
There was one 2008 i believe around 26k-27k miles CPO and they were asking i believe $27k. its at motor cars acura in cleveland ohio. and i understand its far away from UTAH but that is def high.
if you need their website its www.motorcarsacura.com
There was one 2008 i believe around 26k-27k miles CPO and they were asking i believe $27k. its at motor cars acura in cleveland ohio. and i understand its far away from UTAH but that is def high.
if you need their website its www.motorcarsacura.com
#15
I'd say no more than 26-28k OTD - 26k being a great deal. 2011 models are just out and that makes the 08's 3yrs old. Also, you could always make up some story about going out to Vegas for a party or wedding so the dealership doesn't think you're desperate. Many people go there on weekends anyways so not much deception needed there.
I'd have a hard time justifying a trip like this because I've seen many TL-S's at local dealerships and can honestly say I was disappointed in the condition of those cars 80% of the time. Pictures just don't cut it on a large purchase like this.
I'd have a hard time justifying a trip like this because I've seen many TL-S's at local dealerships and can honestly say I was disappointed in the condition of those cars 80% of the time. Pictures just don't cut it on a large purchase like this.
#16
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I'd have a hard time justifying a trip like this because I've seen many TL-S's at local dealerships and can honestly say I was disappointed in the condition of those cars 80% of the time. Pictures just don't cut it on a large purchase like this.
Just going to keep being patient and hope it pays off, I guess. Thanks for your input, I really appreciate it. :o)
#17
No problem bud. I agree on the interior. By looking at so many pics, I began to dislike the two tone interior and was set on the tan. When looking at it in person, the two tone was awesome and nothing like the pictures portrayed.
Goodluck in your search.
Goodluck in your search.
#18
Getting the car "Certified Pre Owned" does a lot more than most people realize.
Tires must have certain tread depth, if not they're replaced.
Brakes must have 50% or more or they're replaced.
alignment must be in line, or it's corrected.
Battery must pass test or it's replaced
Bumper to Bumper warranty is extended to 6 years or 62k miles
Powertrain is extended to 7 years 100k miles
etc. etc. etc.
I just bought a WDP 07' TL-S with 30k miles on saturday.
I made a list of things I wanted corrected under the "bumper to bumper warranty while I was inspecting the car and was on a test drive, after the test drive I asked them to put the car on a lift so I could inspect it.
I bought the car for 23.250 and was out the door for 25k. this week they are doing the following:
Replacing the headlights with brand new ones due to condensation inside.
Replacing exhaust gasket due to it being cracked and letting exhaust escape
realigning the car because it drifts to the left
getting me new floor mats because the current ones aren't in the greatest shape.
realigning the passenger door which doesn't meet the locking mechanism correctly
ordering me a 2nd key because the car only came with 1.
correcting a rattling issue with the driver side door during road bumps.
All these things I noticed on the test drive and I got the manager of the dealership to sign my bill of sale saying all those items would be addressed.
There is a DEFINITE benefit to buying from an Acura dealer.
Tires must have certain tread depth, if not they're replaced.
Brakes must have 50% or more or they're replaced.
alignment must be in line, or it's corrected.
Battery must pass test or it's replaced
Bumper to Bumper warranty is extended to 6 years or 62k miles
Powertrain is extended to 7 years 100k miles
etc. etc. etc.
I just bought a WDP 07' TL-S with 30k miles on saturday.
I made a list of things I wanted corrected under the "bumper to bumper warranty while I was inspecting the car and was on a test drive, after the test drive I asked them to put the car on a lift so I could inspect it.
I bought the car for 23.250 and was out the door for 25k. this week they are doing the following:
Replacing the headlights with brand new ones due to condensation inside.
Replacing exhaust gasket due to it being cracked and letting exhaust escape
realigning the car because it drifts to the left
getting me new floor mats because the current ones aren't in the greatest shape.
realigning the passenger door which doesn't meet the locking mechanism correctly
ordering me a 2nd key because the car only came with 1.
correcting a rattling issue with the driver side door during road bumps.
All these things I noticed on the test drive and I got the manager of the dealership to sign my bill of sale saying all those items would be addressed.
There is a DEFINITE benefit to buying from an Acura dealer.
#19
"realigning the passenger door which doesn't meet the locking mechanism correctly"
Wow, I've never heard of this happening to anyone before. Is this normal? The only thing I saw worthwhile on your CPO list was the extended warranty and maybe the tires (definitely not if they replace them with factory Michelins). JMO.
Wow, I've never heard of this happening to anyone before. Is this normal? The only thing I saw worthwhile on your CPO list was the extended warranty and maybe the tires (definitely not if they replace them with factory Michelins). JMO.
#20
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I bought the car for 23.250 and was out the door for 25k.
#21
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^^^ Further on this. Perfect example below.
http://http://autos.yahoo.com/used-cars/acura-tl-cars366905618;_ylt=ArXyDoMUm7lAEkwBJutB14A1VY54;_y lv=3?keywords=acura+tl+type+s&sortcol=mileage&star t=286&modelyearub=2008&modelyearlb=2007&askpriceub =any&askpricelb=any&deliverymileageub=50000&delive rymileagelb=any&sortdir=up&listingtype=used&model= tl&make=acura&distance=any
vs
http://http://autos.yahoo.com/used-cars/acura-tl-cars364222174;_ylt=AsFM5TJ3xRTT1WWDrcFAG2o1VY54;_y lv=3?keywords=acura+tl+type+s&sortcol=mileage&star t=286&modelyearub=2008&modelyearlb=2007&askpriceub =any&askpricelb=any&deliverymileageub=50000&delive rymileagelb=any&sortdir=up&listingtype=used&model= tl&make=acura&distance=any
http://http://autos.yahoo.com/used-cars/acura-tl-cars366905618;_ylt=ArXyDoMUm7lAEkwBJutB14A1VY54;_y lv=3?keywords=acura+tl+type+s&sortcol=mileage&star t=286&modelyearub=2008&modelyearlb=2007&askpriceub =any&askpricelb=any&deliverymileageub=50000&delive rymileagelb=any&sortdir=up&listingtype=used&model= tl&make=acura&distance=any
vs
http://http://autos.yahoo.com/used-cars/acura-tl-cars364222174;_ylt=AsFM5TJ3xRTT1WWDrcFAG2o1VY54;_y lv=3?keywords=acura+tl+type+s&sortcol=mileage&star t=286&modelyearub=2008&modelyearlb=2007&askpriceub =any&askpricelb=any&deliverymileageub=50000&delive rymileagelb=any&sortdir=up&listingtype=used&model= tl&make=acura&distance=any
#22
B-MAC
Certified usually means that the dealership has put the car through an inspection process to make it like new again... that is why they offer extended powertrain warranties on most of them. I was a service/sales representative at a Toyota dealership and we usually spent somewhere around $1,500 on a certification on a car to inspect it and get it up to par.
I checked Blackbook for the Utah/Nevada area. Black book is what dealers use to price trade in's and this will give you an idea of what they paid for it. Keep in mind that dealerships have to make a profit but towards the end of the month they will "cut prices" to get numbers. So I came up with somewhere around $24,585, that's around what the dealer paid to get it. Adding the cost of certifying it would make it somewhere around $26,000 to $26,500. Now that this is a luxury vehicle dealers do jack up the price... (believe me, I always made a bundle off certified lexus models) so their pricing sounds about right. But now you now about what they have in it so...
Knowing they have to make money on any car deal, maybe come in around $2,000 to $2,500 above that. I would say less but they know you want the car as mentioned above. I think $28,500 OTD would be a reasonable offer and maybe $27,750 if at the end of the month and they are willing to bite. Good luck!!!
I checked Blackbook for the Utah/Nevada area. Black book is what dealers use to price trade in's and this will give you an idea of what they paid for it. Keep in mind that dealerships have to make a profit but towards the end of the month they will "cut prices" to get numbers. So I came up with somewhere around $24,585, that's around what the dealer paid to get it. Adding the cost of certifying it would make it somewhere around $26,000 to $26,500. Now that this is a luxury vehicle dealers do jack up the price... (believe me, I always made a bundle off certified lexus models) so their pricing sounds about right. But now you now about what they have in it so...
Knowing they have to make money on any car deal, maybe come in around $2,000 to $2,500 above that. I would say less but they know you want the car as mentioned above. I think $28,500 OTD would be a reasonable offer and maybe $27,750 if at the end of the month and they are willing to bite. Good luck!!!
Last edited by big_mac65; 10-05-2010 at 03:00 PM.
#23
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Thanks so much for the info, big_mac65! :o)
Can anyone confirm if there were 3 year leases for the 2008s? When I Google it, I can find people talking about it, but nothing official. If so, maybe there will be a nice supply coming into my area shortly... One can hope!
Can anyone confirm if there were 3 year leases for the 2008s? When I Google it, I can find people talking about it, but nothing official. If so, maybe there will be a nice supply coming into my area shortly... One can hope!
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