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Acura TSX Prices Paid and Buying Experience

4339 messages,  Last post on Dec 01, 2009 at 9:31 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura TSX, Sedan


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#3953 of 4339
Trade in by stones3131
Jan 27, 2009 (8:27 am)
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Got a question for everyone. I'm just curious about this and how it would work. If I wanted to "downgrade" to a less-expensive car, could I trade in my 09 TSX?
 
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.
#3954 of 4339
Re: Trade in [stones3131] by kyfdx HOST
Jan 27, 2009 (8:38 am)
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Replying to: stones3131 (Jan 27, 2009 8:27 am)

Short answer: Yes...
 
Long answer: Expect to get a lot less for your car than you think it's worth...
#3955 of 4339
Re: Trade in [kyfdx] by stones3131
Jan 27, 2009 (9:01 am)
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Replying to: kyfdx (Jan 27, 2009 8:38 am)

Not looking to do anything, was just curious if that how it worked. Thanks!
#3956 of 4339
Re: Trade in [stones3131] by thedac84
Jan 30, 2009 (10:16 pm)
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Replying to: stones3131 (Jan 27, 2009 9:01 am)

Dude - If you want to sell your car, which is still very new, do it private party. Trading in a such a brand new car is just stupid.
 
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.
#3957 of 4339
Re: Trade in [thedac84] by biker4
Jan 31, 2009 (12:49 pm)
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Replying to: thedac84 (Jan 30, 2009 10:16 pm)

Always go private party as a seller on a
 
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.
#3958 of 4339
08 TSXs w/ 10K for 16-17K by XxHaimBonxX
Feb 01, 2009 (2:09 pm)
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Not that I don't believe it, but point me to one and I will take it in a flash.
#3959 of 4339
Re: My Deal [thedac84] by bobink
Feb 01, 2009 (9:56 pm)
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Replying to: thedac84 (Jan 22, 2009 12:02 am)

u serious? Where r u?
#3960 of 4339
Re: Just bought this in So Cal [drtravel] by gpb59
Feb 02, 2009 (11:05 am)
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Replying to: drtravel (Jan 03, 2009 9:02 am)

what dealership was that? So how much was the total drive off?
#3961 of 4339
No deal Chicago suburbs by tcwikla
Feb 07, 2009 (2:24 pm)
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Offered only 400-500 off an 09 in choice of color (base no NAV). The jokes on McGrath Acura! Told no need for most popular car. :
#3962 of 4339
Re: 08 TSXs w/ 10K for 16-17K [XxHaimBonxX] by biker4
Feb 08, 2009 (3:46 am)
Reply

Replying to: XxHaimBonxX (Feb 01, 2009 2:09 pm)

That's the going rate at Manheim auctions - you can only get that if you are a dealer and trade in value are usually based on that.

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