Resale Value
#1
Three Wheelin'
Thread Starter
Resale Value
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...
This is probably one of the biggest reasons I have a tough time making a case to leave the brand after my TL...
#3
Racer
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.
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.
Last edited by IIDXholic; 09-22-2015 at 06:37 AM.
#5
2011 SH-AWD 6MT
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justnspace (09-22-2015)
#7
2011 SH-AWD 6MT
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/
https://acurazine.com/forums/fourth-...3-7-mt-932463/
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justnspace (09-22-2015)
Trending Topics
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ABDomega (09-23-2015)
#9
Burning Brakes
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
YMMV....
andy
#11
Burning Brakes
#15
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).
#16
Moderator
iTrader: (1)
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).
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).
so, why does the 4G still have great resale value?
(because people view luxury japanese brands as reliable after warranty)
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MisterZDX (09-22-2015)
#17
Burning Brakes
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
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
#18
Burning Brakes
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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 $$$
#19
Moderator
iTrader: (1)
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
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
the sales numbers DONT LIE, Andy....IT DOESNT MATTER if you dont see any. 4300 TLX's were MOVED in AUGUST of 2015.
#20
Moderator
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..
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..
#21
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.
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justnspace (09-23-2015)
#22
Burning Brakes
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
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
#23
Three Wheelin'
Thread Starter
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.
#24
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
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
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