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Acura RSX
#326 of 375 Re: RSX lease [michael_lee76]
by michael_lee76
Oct 26, 2005 (2:41 pm)
Negotiated down to 199/month for RSX with leather, manual, with 1499 down and 225 sec. deposit.
I took the deal and i'm happy with it.
#327 of 375 What is the prognosis for offers for purchase and leasing for Nov 05?
by bedi
Nov 01, 2005 (3:31 pm)
The Oct 31st, lease offer has ended and there is lowered interest rates for purchase for the next day of two .
What is the prognosis for offers for purchase and leasing for Nov 05?
#328 of 375 Re: RSX lease
by Car_man HOST
Nov 03, 2005 (5:10 am)
Hi michael_lee76. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
Car_man
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#329 of 375 Re: What is the prognosis for offers for purchase and leasing for Nov 05?
by Car_man HOST
Nov 03, 2005 (5:13 am)
Hello bedi. Acura basically continued the special lease program that it was providing on the 2006 RSX in October through the end of November. The specifics of the program are a little different, it lowered its special lease money factor a little bit to make up for a drop in this car's residual values, but the lease payments that result from it should be about the same. The special finance rates that you mentioned are a limited time, regional program that I do not expect to be extended.
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#330 of 375 Type-S Lease questions
by pocari
Nov 20, 2005 (3:01 pm)
Are there any special offers for leasing a 2006 RSX Type-S? I am looking in the Dallas/Fort Worth area. I'd like to get some guidance on residuals (36/39/42 month, 15k/year) and cost of finance.
Thanks!
#331 of 375 RSX-TypeS - Is this a good Lease Deal?
by brian5054
Nov 26, 2005 (9:09 pm)
I'm considering a lease on an RSX-Type S with the following parameters. Is this a good deal? How much better do you think I can do?
Term: 36 months
Sticker + Destination: $24460
Discount: $500
Total vehicle cost: 23960
Residual Value: 14676
Money Factor: 0.0009
Sales tax: $1497 (0.0625)
12,000 miles per year
Houston, TX Area.
Monthly Payment: $360
Due at signing $360.
Thanks for your feedback...
#332 of 375 Re: Type-S Lease questions [pocari]
by Car_man HOST
Dec 06, 2005 (4:33 am)
Yes, pocari, Acura is running a special lease program on the 2006 RSX right now. If you were to lease a 2006 Acura RSX Type-S through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 58%, respectively. The numbers for a 39 or 42 month lease of this car should be .00080 and 55%.
Car_man
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#333 of 375 Re: RSX-TypeS - Is this a good Lease Deal? [brian5054]
by Car_man HOST
Dec 06, 2005 (4:52 am)
Hi brian5054. The lease money factor that you were quoted is in line with Acura's special lease money factor for this car. That is a good sign. I just estimated what this car's lease payment should be using Acura's current lease program and came up with a zero down, pre-tax monthly payment of around $293. If you were to add the $1,497 sales tax to this car's capitalized cost, it would bring the monthly payment to $336. As you can see, the payment that you were quoted is a little higher than this. If I was in your situation, I would want the dealer to explain to me why this is the case. Also, I don't know what the supply of RSX Type-S models is like out there, but $500 is not much of a discount on a car that has a spread of over $2,000 between its full MSRP and dealer invoice prices.
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#334 of 375 how do you translate apr to money factor
by gearyblvd
Dec 06, 2005 (7:27 pm)
on a 2.9% APR, if translated to lease money factor, what is that amount be if translated in money factor? is the lease money factor somewhere around 0.0009 or something?
#335 of 375 Re: how do you translate apr to money factor [gearyblvd]
by kyfdx@Edmunds HOST
Dec 06, 2005 (8:57 pm)
Divide by 2400....
2.9% / 2400 = .0012 approx.