wreak

I know resale value varies from city to city but has anyone else noticed in their city how insanely well Acura's hold their value? I did some math and I bought my 2012 TL lightly used in 2012 from the dealer (I did get a smoking deal after negotiating) and it looks like I could sell today for about 6k Canadian funds less than what I bought it for after driving it for 3 years and adding 30,000kms to it. That's only a loss of 2k per year/10,000kms.


This is probably one of the biggest reasons I have a tough time making a case to leave the brand after my TL...

justnspace

iTrader: (1)

<p>it's a Honda.&nbsp;</p>

IIDXholic

iTrader: (5)

I was hoping to catch a deal looking for a 4G 6MT, thinking dealerships would be trying to get this body style off their lot any way they can. Nope never found one I was interested in within the 14 to 16K price range, so I settled for what I wanted, but with a higher price tag. That price was 19K and 68K miles for a CBP 6 MT =)


Edit: Point I was trying to make, was yes this vehicle doesn't depreciate too much until you start hitting the 100K range, and even then they are still selling for over 14 grand. IMO its a steal because I have yet to run into a 4G with a shitty interior, every one of them look pristine, with the exception of the drivers seat having minor flaws.

justnspace

iTrader: (1)

Because Honda's hold their resale value because of the notion that it is reliable past the warranty.

ABDomega

But our cars are ticking time bombs.

justnspace

iTrader: (1)

those with the 6MT;

ABDomega

This thread tends to disagree. That is, if oil consumption is an indication of necessitating engine replacement.

https://acurazine.com/forums/fourth-...3-7-mt-932463/

justnspace

iTrader: (1)

I was being facetious.

andysinnh

We're buying out our '12 TL SH-AWD Tech at the end of the least tonight. We didn't put any $$ down at the start of the lease, with a buyout of just under $22k at 3 years. As I was tracking the value of the car thru the first 2 years it was heading towards a value of below the buyout. However, once the TLX came out, the tracking started to change dramatically, such that its trajectory was now above the buyout by quite a bit. I was questioning this at the dealer yesterday when I had the TL's oil changed, and they said that they can't keep CPO TL's on the lot (and they were drooling over the possibility of us turning ours end). They said they have over 90 '15 TLX's on their lot and they're not moving well. Could be why the TL's have kept their value....

YMMV....

andy

justnspace

iTrader: (1)

the TLX's are moving fine, if you look at the year to date and monthly sales, they are beating the 4G TL's in sales.

andysinnh

Not in this part of the country....

justnspace

iTrader: (1)

Acura is selling 3-4000 TLX's a month, with the ultimate goal of selling 60k a year.
so, if they are on track to sell 40k this year, 60k will be on par with the 3G TL's.
far surpassing the 4Gs

HeartTLs

iTrader: (5)

The 3G held value much better than 4G.

justnspace

iTrader: (1)

Acura pushed 4300 TLX's in August. The TLX's best month so far.




if they continue to push, 5k a month is do-able, which equates to 60k a year, sold. ON PAR with the 3G TL!

MisterZDX

This may be true, but let's not forget that the TLX replaced both the TL and TSX. The 4G didn't have as many trims and the TLX has a lower starting msrp (probably attracting some upper trim Accord buyers as well).

Add that with the fact that the 4G's drastic body style was poorly received and it was released while our country was in a recession. It's no surprise the TLX is doing better. Oh, and did I mention how close the TLX is in size and body style to the 3G (which most would consider to be Acura's best TL design).

justnspace

iTrader: (1)

I only brought the sales into play because the previous poster said the TLX's werent selling well. and that's not the case.


so, why does the 4G still have great resale value?
(because people view luxury japanese brands as reliable after warranty)

andysinnh

So we bought out the TL tonight - it's now ours and no longer a lease. Of course the dealer principles were trying like heck to have us swap it in for a TLX. More than one confirmed what I said in an earlier post, that the TL's (especially the SH-AWD's) are in very high demand , and that the TLX's are moving very slowly. Perhaps it's the location we're at (NH), but the RDX and MDX models are moving much faster for them. Their current inventory has 90 TLX's on the lot, most having been there for quite a while. This includes about 25-30 SH-AWD models.

Say what you will about the TLX sales nationwide. But here at least they're trying like heck to move them (free remote start and free 3 year maintenance only on the TLX models thru the end of the month).

andy

012TL-GLM

In Northern IL its the same story, TLX isn't selling well at all, but I don't think the dealers care. You can't drive a block without seeing an RDX or MDX, so they're making plenty of $$$

justnspace

iTrader: (1)

you're being taken for a ride, sir. dealers SAY that ALL the time. EVEN to my 2006 TL.

the sales numbers DONT LIE, Andy....IT DOESNT MATTER if you dont see any. 4300 TLX's were MOVED in AUGUST of 2015.

justnspace

iTrader: (1)

here's an article that backs up my resale value claim.

What your car says about your credit score | Clark Howard

this article is saying that smart people with great credit buy reliable cars. (also backs up the notion that Acura is reliable past the warranty as there are a few Acura's on that list)


Please, Andy, Lets stay away from sales...you're the only one bringing up sales..

CAgine

Exactly, and as already stated the 3G held their resales better than the 4G are holding right now.

These TLX are moving in droves partially because the lease rates are ridiculous on it right now, way cheaper than what was offered from any dealer on my 10' V6 TSX which is why I opted to finance it instead. Acura is pushing the sales for the TLX and its working.

andysinnh

So to close my participation on this thread, and not comment any further on "sales" figures (although looking at nationwide figures is not indicative of regional trending), I thought I'd share my final observation while at the local dealer.

I was there last Friday, after the lease buy-out, getting my state inspection updated to close out the registration process. I had been sitting in a small area off the sales floor before any of the sales staff/managers arrived. They were having an informal discussion assuming there were no customers around. They first stated that they were frustrated they couldn't find any clean, low-mileage TL SH-AWD's around as they had several customers looking for them. And then (to my surprise) they were pretty candid that they weren't happy that my wife didn't trade hers in days earlier since that was what they really needed, since they weren't moving the SH-AWD TLX's very well.

Now, who the heck knows why they're not moving - as they have a TON on their lot and they are doing lots of incentives. But overall, the 4th gen SH-AWD w/Tech seems to be a sweet spot in the southern NH tier area that they're having trouble getting - and as such has created a situation where the resale value is very good.

andy

wreak

The guys saying the TLX is selling well need to combine the past sales figures from the TL and the TSX and compare to the sales of the TLX...not as rosy when you look at it that way considering the TLX was supposed to capture both of those buyers.

Booya4139

trying to sell a smaller car in a TLX for more money than a fairly bulletproof older car that still has all the tech you really need for 1/2 the price...

justnspace

iTrader: (1)

idunno, the month of Sept. sold 4700 TLX's.

60k a year is doable and getting closer.


sales still wouldnt account for why the 4G has great resale value tho.

justnspace

iTrader: (1)

by a really rough estimate, combined TSX +TL sales are somewhere in the 300,000 numbers.

over 500,000 3rd Gen TL's were sold.

justnspace

iTrader: (1)

by selling 60k a year, they'll hit or exceed TL+TSX sales in 5 years.