please humor me

BMW F22 · 09-17-2006, 12:13 AM

a friend of mine has a 2005 RSX type S with about 10k miles on it. He was thinking about trading it in and get the new TL type S. I thought that he would be able to sell it for around $16-17k or so. So we looked it up on KBB.com and it said he could sell it for a lil over $22k. I was shocked. Is this even freaking possible??

NaTuReB0Y · 09-17-2006, 01:30 AM

japanese cars have high resale value........

BMW F22 · 09-17-2006, 01:40 AM

Quote:

Originally Posted by NaTuReB0Y

japanese cars have high resale value........

agreed. but that's just non-sense. He bought it for $24k and can sell it back for a lil over $22k?? it just doesnt add up.

Gearcraft · 09-17-2006, 02:27 AM

arent they stopping the production of RSX?

LOLrance · 09-17-2006, 04:25 AM

Quote:

Originally Posted by Gearcraft

arent they stopping the production of RSX?

yea 2006 is the last year of the RSX

Gearcraft · 09-17-2006, 04:46 AM

are they replacing it with another coupe?

Greeney · 09-17-2006, 12:10 PM

Quote:

Originally Posted by Gearcraft

are they replacing it with another coupe?

Nope.

nmulax · 09-17-2006, 03:26 PM

Quote:

Originally Posted by BMWE90

a friend of mine has a 2005 RSX type S with about 10k miles on it. He was thinking about trading it in and get the new TL type S. I thought that he would be able to sell it for around $16-17k or so. So we looked it up on KBB.com and it said he could sell it for a lil over $22k. I was shocked. Is this even freaking possible??

Was the $22k on KBB.com for "trade-in value"?
If he's expecting that, I think he'll be sadley dissapointed when he visits the dealership. I've worked in automotive sales, and everyone comes in saying "KBB says my car's worth $X"; in reality, I can count on one hand the number of people who got near that number for their vehicle. You have to also consider things such as market saturation and color. In Metro-Detroit, it's rare for someone to purchase their vehicle (whether new or used), therefor used car's are worth less then in other markets.

BMW F22 · 09-17-2006, 03:28 PM

Quote:

Originally Posted by nmulax

Was the $22k on KBB.com for "trade-in value"?
If he's expecting that, I think he'll be sadley dissapointed when he visits the dealership. I've worked in automotive sales, and everyone comes in saying "KBB says my car's worth $X"; in reality, I can count on one hand the number of people who got near that number for their vehicle. You have to also consider things such as market saturation and color. In Metro-Detroit, it's rare for someone to purchase their vehicle (whether new or used), therefor used car's are worth less then in other markets.

it was private sale. I looked it up too and got the same thing. I used to sell cars as well and this just threw all my beliefs out the door.

Gearcraft · 09-17-2006, 10:29 PM

is that for all the type-S? dont they have a special/limited edition?

BK · 09-18-2006, 12:17 AM

Yeah, I think a lot of people look at the "private sale" number rather than the "trade-in" number from KBB because they like the higher number.

FWIW, my own experience in buying two new cars recently (the 330i and an Oddysey) -- Carmax gave me much less than KBB trade-in for our 1997 Civic EX, and both Carmax and the Honda place offered much more than KBB trade-in value for our 2000 Accord V6.

NaTuReB0Y · 09-18-2006, 12:45 AM

bought a 2001 honda accord ex for $20,000.....in 2001

trade it in a couple of years later(in 2003) for $15,000.....with over 40,000 miles....

KBB valued it at $15,000

findtom · 09-18-2006, 02:15 AM

Don't you save the tax on used cars in the US?

If so buying a new one means $24K + tax to someone buying it.

just4kickz · 09-18-2006, 12:05 PM

replacing with TSX coupe i believe

DC52E55 · 09-18-2006, 12:41 PM

I drove RSX (non S) for 4 years. bought it around late 2001 and sold it in 2005. It had 50,000 miles on it. I bought it for 21K OTD and I got 15K back.

09-17-2006, 12:13 AM	#1
BMW F22 Major General 3722 Rep 9,783 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	please humor me a friend of mine has a 2005 RSX type S with about 10k miles on it. He was thinking about trading it in and get the new TL type S. I thought that he would be able to sell it for around $16-17k or so. So we looked it up on KBB.com and it said he could sell it for a lil over $22k. I was shocked. Is this even freaking possible??
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09-17-2006, 01:30 AM	#2
NaTuReB0Y Powered By 36DD 376 Rep 7,369 Posts Drives: 2006 E90 Join Date: Jul 2005 Location: Inland Empire iTrader: (12)	japanese cars have high resale value........ __________________ 2006 E90 330i Jet Black \| 20" WORK VS-XX \| FK452 \| H&R Sport on Koni Yellow \| REMUS QUAD
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09-17-2006, 02:27 AM	#4
Gearcraft misadventurer 64 Rep 708 Posts Drives: bubbie mystic blue whale Join Date: Mar 2006 Location: candied island iTrader: (0)	arent they stopping the production of RSX? __________________ 325i I SP
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09-17-2006, 04:46 AM	#6
Gearcraft misadventurer 64 Rep 708 Posts Drives: bubbie mystic blue whale Join Date: Mar 2006 Location: candied island iTrader: (0)	are they replacing it with another coupe? __________________ 325i I SP
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09-17-2006, 10:29 PM	#10
Gearcraft misadventurer 64 Rep 708 Posts Drives: bubbie mystic blue whale Join Date: Mar 2006 Location: candied island iTrader: (0)	is that for all the type-S? dont they have a special/limited edition? __________________ 325i I SP
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09-18-2006, 12:17 AM	#11
BK Smiling politely 179 Rep 7,931 Posts Drives: 330i Join Date: Feb 2006 Location: Washington DC iTrader: (0) Garage List 2006 330i [9.00]	Yeah, I think a lot of people look at the "private sale" number rather than the "trade-in" number from KBB because they like the higher number. FWIW, my own experience in buying two new cars recently (the 330i and an Oddysey) -- Carmax gave me much less than KBB trade-in for our 1997 Civic EX, and both Carmax and the Honda place offered much more than KBB trade-in value for our 2000 Accord V6. __________________ E90 330i Black Sapphire 6MT \| 991.1 C4 Platinum Silver 7MT
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09-18-2006, 12:45 AM	#12
NaTuReB0Y Powered By 36DD 376 Rep 7,369 Posts Drives: 2006 E90 Join Date: Jul 2005 Location: Inland Empire iTrader: (12)	bought a 2001 honda accord ex for $20,000.....in 2001 trade it in a couple of years later(in 2003) for $15,000.....with over 40,000 miles.... KBB valued it at $15,000 __________________ 2006 E90 330i Jet Black \| 20" WORK VS-XX \| FK452 \| H&R Sport on Koni Yellow \| REMUS QUAD
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09-18-2006, 02:15 AM	#13
findtom Colonel 132 Rep 2,658 Posts Drives: E60 545i Join Date: Oct 2005 Location: Toronto, Canada iTrader: (0) Garage List 2005 545i [0.00]	Don't you save the tax on used cars in the US? If so buying a new one means $24K + tax to someone buying it.
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09-18-2006, 12:05 PM	#14
just4kickz boku no namae ha... 349 Rep 11,023 Posts Drives: 2006 BS 330i Join Date: Feb 2006 Location: S. Bay Area, CA + Newark, NJ + ChiCity + True Blue iTrader: (11) Garage List 2006 E90 330i [0.00]	replacing with TSX coupe i believe __________________ looking for a PreLCI Black Sapphire e90 front bumper without license plate holes "Akimbo shotguns. Broken wrists anyone? And don't give me that 'it's just a game' bull**. Where the are my akimbo interventions then?! One scope on each eye mother**er!!"
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09-18-2006, 12:41 PM	#15
DC52E55 Second Lieutenant 31 Rep 212 Posts Drives: M5 Join Date: Sep 2005 Location: California iTrader: (0)	I drove RSX (non S) for 4 years. bought it around late 2001 and sold it in 2005. It had 50,000 miles on it. I bought it for 21K OTD and I got 15K back.
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