My Brother Trade In His 2004 Acura Tsx
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From: Long Island N.Y.
My Brother Trade In His 2004 Acura Tsx
For a 2003 Infiniti G35 with 20,500 Miles and Paid $26,000 Dollars
Did he get a good deal
the Acura Tsx Had 40k and got $18,800 Dollars for it
Did he get a good deal
the Acura Tsx Had 40k and got $18,800 Dollars for it
Last edited by G35XLOVER; Jun 16, 2005 at 08:53 PM. Reason: spelling
Originally Posted by G35XLOVER
For a 2003 Infiniti G35 with 20,500 Miles and Paid $25,000 Dollars
Did he get a good deal
the Acura Tsx Had 40k and got $18,800 Dollars for it
Did he get a good deal
the Acura Tsx Had 40k and got $18,800 Dollars for it
but do you notice that 18k for a TSX is pretty high??
if it is a TL..then fine ..
but well.. i believe his bro does get a good deal in trading in...
his car..
but got raped in the actual price of the used G
if it is a TL..then fine ..
but well.. i believe his bro does get a good deal in trading in...
his car..
but got raped in the actual price of the used G
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Ya depends on the year, but TSX's are selling for a premium right now. Assuming it was an '04 TSX with 40K he should have gotten a better deal on the trade in. Conservative Blue book trade in on an '04 TSX with 40k is 19k, considering the price of the G he should have gotten a better deal imo. Anyway, if he is happy then that's good - but I think he could have done better.
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Sound like a fair trade in price. had he waited and sold it himself he may have gotten close to $22k and in the meantime saved up to buy a new or newer G. Hard to say how the deal went. Don't know how much he owed, if there was equity in the TSX.
Sound OK though.
Sound OK though.
I always go by NADA value when dealing cars. NADA is what the banks use. Dealerships will try and trick you with Kelley Blue Book which is a dealer-supported appraisal company.
NADA trade-in value on a 04 TSX with no navi is ~$21,600.
NADA retail value on a mostly loaded 03 G35 sedan is ~27,300.
It appears your brother may have paid about $1,500 too high in the transaction. I don't know what the used car market is like for a G sedan down in FL, though. I'm certain that dealership will be listing that TSX for $25K and will probably get at least 23K for it or about $4000 in profit.
NADA trade-in value on a 04 TSX with no navi is ~$21,600.
NADA retail value on a mostly loaded 03 G35 sedan is ~27,300.
It appears your brother may have paid about $1,500 too high in the transaction. I don't know what the used car market is like for a G sedan down in FL, though. I'm certain that dealership will be listing that TSX for $25K and will probably get at least 23K for it or about $4000 in profit.
The cost of the G seems a little high, but it's offset by the decent price he got for the Acura. Why an '03?... for slightly more he probably could have got an '04 - but then he probably wouldn’ t have got 18.8 for the TSX... whatever, is he happy?
