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I already see someone got a better deal by a few hundred $$$, which is good, hopefully we see even better deals on here! It's a buyers market.
Good luck! BTW, my dealer was Keyes Acura in SoCal. I'd recommend them but say stick to your guns, i think i could have gotten them to fully eat the incentive cash.
I owe about $20,000 on my 09 TSX (6,000 miles).
Just for argument's sake, say I wanted to get a $20,000 car. Would/could a dealership give me say, $25,000 for my TSX, apply the $20,000 toward my current loan (paying it off essentially) and then apply the remaining $5,000 toward the $20,000 car I wanted to buy?
Hope that made sense.
Long answer: Expect to get a lot less for your car than you think it's worth...
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When i was 18 i bought a car i couldnt afford and wanted to trade down, but i checked out the trade in value with a dealership - threw up , then put it on craigslist. Two weeks later i sold it with a 4k loss, which is much better than the loss of 9k the dealer wanted me to eat.
Always go private party as a seller on a < 3 year old car.
any age car - if you have the time you are likely to always get more money selling privately. With the current slump in residuals and resale value, be ready for really low trade in values. 08 TSXs w/ 10K miles are going at auction for 16-17K.
In this economic climate be ready to hang on to your current car for a while.
The other thing I didn't like was the financing. We had 5k for a down payment and their first rate was 6.9 for 60 and $559.00 a month. Rip-off. We eventually got this down to 4.9 for 60 and about $500.00 a month. The 2.9 for 60 was gone.
We just turned in an 06 on a lease return.This model in a BIG improvement over the old model. It's quieter and more comfortable. Great car!
Do not expect them to give as much money as you think. Dealers have this funny way of manipulate the deal. I requested quotes on via online on an Accord lease, but I mentioned I had a trade. The dealer was very head strong about getting the pay off amount. I replied back, asking for what the dealer would give me as a trade. They did not want to do it that way. By now, they should know exactly what they would give me. Simply wanting in the best of conditions, their quote for a trade. If I come pulling up in my car, they look out the window and are already evaluating my circumstance, and pretty much have a good idea of what they would give me. BUT, I have found that they do not take you as serious through email, it is mainly quote on quote. If I were to go in today, and told them that I am trading it in, well they would be doing every thing the could to do it. People do it all the time.
They did tell me that I would have to cough up about $7-$9k for the trade. I think it is less than that. That is such a rough number.
They never gave me a quote. They were stuck on my trade. What if I really wanted to trade, well, they just brushed me off.
Bottom line, Its not too smart to mention the trade at the start of quoting.
Mention later on when you get a good deal you want. I have only had my car for 1yr too, but its GM car, and I really want my TSX, and if you want out of your TSX, let me know, I would take over anytime..lol. Sell privately or have someone take over the lease, I might do that. Leasetrader.com
Thanks!
"Under the Acura Select Advantage Program, first-time lessees with maturity dates between Feb. 1 and April 30 are automatically approved to buy or lease a new vehicle through Honda Financial Services. The incentive began Feb. 2.
Customers are offered a discount ranging from $750 for an Acura TSX sedan to $1,500 for a TL sedan or RDX crossover."
I bought ours at Acura of Peabody because that is where it will be serviced. I paid $26,400 for mine which was invoice - $750 factory incentive plus about 1% of the dealer holdback. That left them with about $500 in profit. If I took one off the lot and they did not have to get the car from another dealer I probably could have got closer to 26K.
Acura of Boston had a slightly better initial price quote but Brighton is not convenient for me.
Also, I was wanting to wait until the .9% financing is back. Does anyone know about when this should be back? Seems like they do it every few months.
Also it confuses me that are selling the certified preowned 09 TSX's for almost the same price as the new ones. I guess this is because you get an extra year of warranty.
I also was recommended to buy certified pre-owned with extra coverage. How odd...and I also found that the leftover 2008s are being quoted for almost the same as a 2009. That's just crazy!
If you're not in a hurry to get the car, I'd keep waiting...possibly closer to when the 2010s come out and dealers have extra inventory...and I can guarantee most bigger dealerships will have extra.
good luck!
area for the 2009 TSX/Tech? If so, what kind of deal did you get?
Thanks
Do you think 26,200 would be a price I should shoot for?
good luck! I plan on asking for $22k for a base 2008 later this week. yes, I am dead serious.
very interesting.
I have my decision to a used lexus IS or new 2008 TSX.
The dealer I am going to has 55 tsx's. 3 2008. 52 2009.
and I see the 2010, with the v6, is coming out this summer.
I am going tonight. and if I can get a good price, I will buy the 2008.
I will have a limited choice. Won't get the white color I want. But if I save some money, I don't really care. And none are red, so that is also good.
His 2008's all have Nav. Which I think this dealer really only has nav's.
I see on the cost of ownership page here in edmunds, the 2008 has depreciated 4,211 in the first year. Once the 2010's come out it will deprecate another 3,287. So I will use that on my negotiations.
http://www.realcartips.com/2008-Acura-TSX-Prices
My car buying service has a quote of 26582 for regular TSX and 29174 for tech package. Both quotes did not include tax and tags. These quotes based out of the Washington, DC area.
You may have some leverage with the announcement of the 2010 TSX V-6 but you never know.
Good luck
I just bought my 2008 Acura TSX + Nav for 26,200.
I was quoted at 27,00. And I asked 25,500.
My limit was 26,200. And that is what we agreed on.
Thoughts on pricing, considerations? Is this a good value? Thanks!