He wants the Six Speed, though...which are in higher demand. That could get tricky.

 

Even if your car had absolutely no problems what so ever, when you drive the car off the lot you take a 20% hit right off the bat. Remember, cars are the worst investment you could ever make. So you will owe a difference, unless you try to sell your current Accord instead of trading. But it would be difficult if not impossible to get what you paid for. Even if you bought it yesterday.

 

a 20% hit? Why is there a used S2000 with 5,000 miles sitting in a local Mercedes dealership for $31,000 then? Same with the RSX's with low miles. Only like $1000 under MSRP of a new one.

 

hey... if you want it go for it... i wanna see pics afterwards...

 

You're right when it comes to rare or sought after cars. But I don't know if a V6 Accord automatic will be so sought after. I understand it's no Civic LX, but for sure it's no S2K.

 

Thanks for all the help and suggestions everyone..I will let you know what happens.

Thanks again

 

that is a totally different situation.... Trade-in value is always way less than what that dealer is going to turn around and sell it for.... Whoever traded in that S2000 did not get $31k trade in $..... thats for sure.

Trade-In value for a 2002 S2000 with 5k miles is around $24,625. Retail value(what the dealer charges) for that exact same car is $32,425. See the difference??? So if that guy trades in his 2003 Accord, he is gonna end up paying some $ to make up the difference between the used Accord Trade in value the dealer offers, and what the cost of the New accord.... the value of a new car drops tremendously for the first owner, its ridiculous.

 

Oh my God, a logical post by Samson that cleared things up for me Thanks bro, didn't even think about that for some reason.

 

Here's a pic of my Prelude and my younger Bro's Acura Integra pictured with the Accord.

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damn your rich. got a 5th gen prelude and a brand spankin new accord ? What do you for a career?

 

Drew, thanks for the pictures! I looked all over and couldn't find pictures of the black one, and a bonus - with the spoiler. I just ordered mine, so I should have it in 2 weeks!