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Acura TSX Prices Paid and Buying Experience

4345 messages, Last post on Dec 06, 2009 at 11:49 PM
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minizx3, Can you share the details of your lease? How much did you have to pay upfront and how much are your monthly payments? I'm trying to figure out what a good deal is for leasing this car. Thanks. |
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I recently leased a TSX (Silver/Quartz) auto no-navi 36 month, 15,000 miles Paid $1,125 up front (1st month, bank fee, tags, no security deposit returning customer). Monthly payment is $398 (which includes 9% tax in Phila suburbs). Dealer added wheel locks and mud gaurds at no charge. |
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Hi I traded in a Civic...net they gave me $1,092. Here are the details TSX auto, no navi 48 month lease, 12,000 miles a year (the warranty is 4 fours/50,000 miles) $1,500 down $550 bank fees $319.62 first months payment $130 registration and plates $200 in some other BS fees Total $2,7XX. I took the trade in value and out of pocket was $1,633.00. I bought in the car at Acura of Ocean, in Ocean NJ. Deal was smooth. I did paper work on Wednesday night, delivered car Early Thursday morning! Hope this helps! I went with the 48 month lease because of the warranty. I figure I'm covered for the term of the lease under the warranty. If I love the car, I'll keep it.... |
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Fernhill/minizx3, Thanks for the information. Now I have a better understanding of where my numbers fall. |
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For the TSX Auto, w/out NAv (msrp $26,990 which includes destination) Edmunds lists invoice at $24,147 + 500 destination Kelly BBook lists invoice at $22,956 + 500 destination Anyone have knowledge at where dealer cost is for the car...maybe even including a 3% holdback thanks |
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I'm more inclined to believe the $24,147 invoice price, listed both here and on another new vehicle research site. At least 2 different Acura internet managers I've contacted have told me that Acura vehicles have an 8% markup above invoice. (Checking edmunds' pricing for the 04 TSX, 03 MDX, 03 TL, and 03 RSX, the range is roughly between 9% and 11%. ) The kbb price indicates a 15% markup! And this doesn't factor in the 3% holdback. |
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Can you explain what you mean by the markup? Are you saying dealers get the cars for 8% above the actual invoice price? Anyone know what edmunds and other car sites post as invoice? Is it dealer cost or is it true invoice? Thanks! |
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By "markup" I mean the difference between dealer invoice and MSRP. The TSX invoice (shown both on edmunds and autosite) is $24,147. MSRP is $26,490. 26490 / 24147 = 9.7% "markup" For comparison: Subaru LLBean wagon: MSRP/invoice=10.5% Volvo V70: MSRP/invoice=6.4% Toyota Camry LE: MSRP/invoice=11.7% Ford Focus SE wagon: MSRP/invoice=7% However, dealer holdbacks and other factory-to-dealer incentives may decrease the actual "dealer cost" of the vehicle, increasing the dealer's overall profit margin. Back to the TSX, if you are willing to pay full MSRP, you're actually netting the dealer a 12.7% profit (9.7% + 3.0% holdback)! In negotiations regarding the TSX with some Acura dealers, I believe they'd like to make a minimum 10% total profit while the car is selling well, which means they'll likely let you walk out the door if you offer less than $800 under MSRP. |
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thanks for the info...closed the deal today: Auto, no nav, sedan CG/Eb 25,825 including wheellocks and mud guards |
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Here in Austin, TX, a salesman at the only Acura dealer in town told me there were no deals to be had - expect to pay MSRP due to limited supply relative to demand. I wasn't exactly sitting down to negotiate, I was just test driving (manual, no nav), and putting out feelers for what I should expect to pay. I'm still deciding between a few cars, but if I really have to pay MSRP for the TSX, I'll definitely be going with something else. I'll see what kinds of deals I can get in San Antonio or Houston first. |
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