Originally posted by: vi_edit
Originally posted by: OS
Originally posted by: vi_edit
Originally posted by: BouZouki
You get more car for your money with the Accord.
For 20k no you aren't.
You aren't geting 200HP, leather, power & heated seats, HID, sunroof, ect like you would with a used TSX.
well, if you are getting that particular, before 2006 the TSX power was rated with a different SAE standard.
190 HP now is basically a wash to 200 HP in pre2006 models.
the EX-L does in fact have leather, power and heated seats and sunroof. Only no HIDs.
the accord might cost a bit more upfront, but you generally get better financing on new cars anyways.
Local Lexus dealer was selling an '04 TSX with an automatic transmission and Nav for a list price of $19,999. It had just under 50k miles on it.
To get that in an '08 Accord you'd be spending $28,000+.
The question was what do you get more for your $20k.
The answer is pretty clear to me.
I can do a 5 year loan through my local credit union for 6.25% @ 60 months.
New is 5.49% @ 60 months.
20k @ 6.25% @ 60 months = $389/mth
28k @ 5.49% @ 60 months = $535/mth
Obviously a better value may be getting a used Accord instead of a new one or a TSX, but he didn't ask that.