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lavoiest
I am wondering if people know if dealers are getting close to their asking prices for 04 and 05 MDX'? I am in the market now to trade in my 02 TL Type S for an 04 or 05 MDX Touring.

I am in the Boston area. Any thoughts would be great. Thanks!

And Yes GO CELTS GO!!!
midnightMDX
With fuel concerns SUV prices have dropped significantly. You need to shop around to different dealers and what is offered. 05 Adds XM and bluetooth. Tank is 1 gallon bigger.

Alot of 05's are now coming off lease. I think there is 2.9% on CPO mdx's this month.

And :welcome:
lavoiest
It have noticed a lot of 05's lately and one dealer mentioned there are more coming off lease.
I am looking at an 05 with 40k, Touring, No Nav, No Res. Sage with Grey. They are asking 19,900 seems like a great deal. Not a Acura dealer. So i will not get the 2.9 or CPO. but it is in great shape might be worth it.

Thanks for the Welcome! i love the forums so much to learn.
lavoiest
Oh and the Midnight Blue Pearl!!!! if only i could find one of those to buy...SHARP!
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midnightMDX
quote:
Originally posted by lavoiest
Oh and the Midnight Blue Pearl!!!! if only i could find one of those to buy...SHARP!

Thanks!!! :cool: I wasnt looking for this color at all, and I just happen to see it. That price seems pretty good. I am sure you can haggle that price down even more. Make sure you inspect it well.
lavoiest
Stopped in to look at another 05 with 46k Sage and Black with DVD asking 24,700 They offered to payoff my 02TL Type S at 8500. I declined but they called back to offer me another 1500 off. Told thanks but i still wanted to look at the one listed above first.

But the funny part is that they get to try one more time before i go look at it. When i left the dealership this AM i left with the keys to the 05 MDX!!!! OPPPPSSSS. hahahaha

but i must say they were great to work with so far, even though no deal has been made.

just Classic...i leave with Keys!!!!
tygger
So what was their final offer? Did you make a purchase yet? :)
lavoiest
Yes I did buy the 05 Sage with Black with 46k miles. I got them to give 10,500 for the TL and put new tires on the MDX

23k 2.9 for 60 months declined the 100k bumper to bumper.

It is a great ride. As midnightMDX stated I liked the offer and feel good about it so it, to me, is a good deal.

The dealer was very impressive to work with too. Very Happy I bought from them.
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BillHeart
quote:
Originally posted by lavoiest
Yes I did buy the 05 Sage with Black with 46k miles. I got them to give 10,500 for the TL and put new tires on the MDX

23k 2.9 for 60 months declined the 100k bumper to bumper.

It is a great ride. As midnightMDX stated I liked the offer and feel good about it so it, to me, is a good deal.

The dealer was very impressive to work with too. Very Happy I bought from them.



That was a steal from the sounds of it. Unless the 02 TLS had VERY low mileage they aren't worth $10,500 right now.

You did very well indeed.
lavoiest
well that is good to hear!

The TLS had 89k.

hey, atleast i helped out. I had to go back and get Cd's out of the TLS, while i was there i heard a sales guy on the phone talking to a customer about my car but he could not find it in stock or any other info about it.

So when he got off I told him about it and that it was in way back of the lot. So i did my part to help them out :)

We are loving the MDX! Nice ride.
BillHeart
quote:
Originally posted by lavoiest
well that is good to hear!

The TLS had 89k.

hey, atleast i helped out. I had to go back and get Cd's out of the TLS, while i was there i heard a sales guy on the phone talking to a customer about my car but he could not find it in stock or any other info about it.

So when he got off I told him about it and that it was in way back of the lot. So i did my part to help them out :)

We are loving the MDX! Nice ride.



$10,500 with 89K?

Yikes! You uhh.. you paid $20k for that MDX, you stole it. TLS is worth $7500 IMO.

Well done indeed!
midnightMDX
Wow that was a good deal. They really wanted to get rid of that MDX. ;)
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lavoiest
no no.

23k AFTER trade in and got them to put the new tires on it. Sorry for the mix up.
BillHeart
quote:
Originally posted by lavoiest
no no.

23k AFTER trade in and got them to put the new tires on it. Sorry for the mix up.



Well, if they gave you $10,500 for the TLS it was like buying the MDX for $20k instead of $23k. It's what's called an overallowance.

I don't like to do it myself, but sometimes we do. You get a customer who needs $X for their trade, and that figure is a dealbreaker.

Example:

Customer is buying a used Cadillac CTS we have on the lot. They are trading in a 1997 Cadillac STS with 175K miles.

1997 STS is worth $400. They are adamant that it's worth $1800 and that's a dealbreaker.

Now, my asking price on the CTS is $16,995. I need to get mid $15s for it.

No problem, they were Ok with $16,995 on the CTS, so we gave them $1800 for their STS, but in reality they bought the CTS for $15,595 and I ACV'd (Actual Cash Value, what we actually booked the 97 Caddy in for) the STS for $400.

Customer is happy, we sell car, they no longer drive megamile battered Caddy and now have nice CTS with Navi, etc.

Everybody happy.

Hence why I said that you REALLY got a deal on the MDX, your old TL was not worth anywhere near $10,500. An 89k mile 03 TLS isn't worth $10,500.

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