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Acura TSX Prices Paid and Buying Experience

4345 messages,  Last post on Dec 06, 2009 at 11:49 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura TSX, Sedan


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#216 of 4345
Lease Payments by jimshade
Jul 22, 2003 (6:55 am)
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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.
#217 of 4345
jimshade - recent lease in PA by fernhill
Jul 22, 2003 (7:31 am)
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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.
#218 of 4345
Lease details by minizx3
Jul 22, 2003 (10:31 am)
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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....
#219 of 4345
re: Acura TSX Lease by jimshade
Jul 22, 2003 (10:55 am)
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Fernhill/minizx3,
 
Thanks for the information. Now I have a better understanding of where my numbers fall.
#220 of 4345
Dealer Cost TSX HELP by aaaaaq
Jul 24, 2003 (6:37 am)
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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
#221 of 4345
Dealer Cost by xplorx4
Jul 24, 2003 (8:11 am)
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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.
#222 of 4345
xplorx4 by samirrathod
Jul 24, 2003 (1:33 pm)
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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!
#223 of 4345
samirrathod- markup by xplorx4
Jul 24, 2003 (4:00 pm)
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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.
#224 of 4345
TSX price by aaaaaq
Jul 24, 2003 (4:49 pm)
Reply
thanks for the info...closed the deal today: Auto, no nav, sedan CG/Eb
 
25,825 including wheellocks and mud guards
#225 of 4345
no deals here? by bbaldwin1
Jul 24, 2003 (7:09 pm)
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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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