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Acura TSX Prices Paid and Buying Experience

3770 messages,  Last post on Jul 23, 2008 at 6:59 PM

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What is this discussion about? Acura TSX, Sedan


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#3702 of 3770
Good Deal for 2008 TSX Lease? by cyberdog99
May 12, 2008 (7:30 pm)
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Hi -
 
Normally when I buy something I research everywhere and know it inside and out -- with cars, I feel pretty lost. My lease on my Mazda 3 is just about up and I'm having trouble deciding what to replace it with... I've enjoyed the car and it's been great, but I think I'd like to try stepping it up a level.
 
So, I'm looking at the 2008 TSX, no navigation, to lease... I was given a quote for 12K/36mo of $345/mo with $1853 down. He said invoice is $26,630 and he's giving it to me for $25,130.
 
The $1853 includes the first months payment, taxes, tags and an 'acquisition fee.' The acquisition fee is $595 and I asked them to take it off, but they said it had to be there...
 
Does this sound like a good deal? Any tips? I've never had to buy premium gas, any thoughts on making this change? Is it gonna hurt now every time I fill up?
 
This is in VA, near DC, if that helps anything...
 
Thanks for any help in advance!!
#3703 of 3770
Re: Good Deal for 2008 TSX Lease? [cyberdog99] by hipreck
May 12, 2008 (7:51 pm)
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Replying to: cyberdog99 (May 12, 2008 7:30 pm)

To calculate if you are getting a good deal on a lease, you need to know the money factor and residual. Ask the dealer what this is and post it here. I believe the money factor on the 2008 TSX is now .00235 (5.64%). My guess is that Acura dropped the residual values when the 2009 came out.
 
The acquisition fee is normal, some companies will charge a higher money factor and waive it.
 
For the gas, what is another 20 cents on top of $3.65. For a percentage standpoint, it's now pretty minimal.
#3704 of 3770
2009 TSX Pricing in Minneapolis/St. Paul by hipreck
May 12, 2008 (7:53 pm)
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Checked dealers today on the 2009 TSX. They want MSRP for new customers and $500 off MSRP for existing customers.
 
I would like to buy one, but I'll wait for availability to get better (and discounts to increase).
#3705 of 3770
Re: Good Deal for 2008 TSX Lease? [hipreck] by cyberdog99
May 12, 2008 (8:04 pm)
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Replying to: hipreck (May 12, 2008 7:51 pm)

Here's all the info I got on the lease....
 
Residual = .56
Rate = .0025
 
MSRP = $28,960
Invoice = $26,630
Price = $25,130
 
Total first month = $345 (first month) + $808.83 (tax) + $99 (govt fees) +$595 (acquisition fee).
 
Thoughts? Thanks!
#3706 of 3770
Re: 2008 w/NAV [jfool] by biker4
May 13, 2008 (12:27 pm)
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Replying to: jfool (May 10, 2008 6:50 pm)

All of the incentives are listed here at Edmunds.
 
Honda never does customer cash rebates - it's always cash to the dealer. Your job is to know that and have the dealer give it to you.
 
It's sad to know that some folks paid $1500 more for a Navi model on 4/30 than they could have the next day.
#3707 of 3770
Re: 2008 w/NAV [biker4] by gatorsf
May 13, 2008 (12:57 pm)
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Replying to: biker4 (May 13, 2008 12:27 pm)

I spoke with a different dealer yesterday. There is a $1,000 dealer holdback on the 2008 TSX with Navi. This is in addition to the marketing support.
 
Any one know the holdback for an '09?
#3708 of 3770
Re: Good Deal for 2008 TSX Lease? [cyberdog99] by hipreck
May 13, 2008 (1:56 pm)
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Replying to: cyberdog99 (May 12, 2008 8:04 pm)

The dealer is charging about 25 basis points (.24) over the going lease rate. That is not unusual at all. That costs you about 5 bucks a month.
 
I come out with $350.94 a month with those numbers (not including any taxes).
 
Acura had been doing a much lower interest rate of .00071 (1.7%) in March earlier this year with the same residual. But they were not offering the marketing support on the purchase price. The payment in March would have been around $320. My guess is they do not have that many 2008 models left and they cut back on the lease support in favor of the marketing support.
 
Leasing tends to be not as good of a deal at the end of a model.
 
Based on the current Acura leasing numbers, you won't get a substantially better deal than what you are being offered.
#3709 of 3770
Re: 2008 w/NAV [gatorsf] by biker4
May 15, 2008 (2:26 am)
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Replying to: gatorsf (May 13, 2008 12:57 pm)

The holdback is 3% of sticker (true of virtually every car) and dealers would have to be pretty desperate to give up any of it. They might be willing to go down to invoice but dipping into holdback is rare.
#3710 of 3770
Top Notch Team at Crown Acura in Richmond, VA by jackrabbit59
May 18, 2008 (9:12 am)
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Top Notch team at Crown Acura in Richmond. I got a good deal and Crown Acura doesn't make you sacrifice on customer service like others do. Here's how my experience was...
  
I have been considering an Acura purchase for approximately three years now. On April 18, 2008, I finally decided to do just that. I have nothing but nice things to say about my salesperson (can't name him here per edmunds agreement initials A.P.). He was an excellent salesman and really made sure that I was comfortable. He gave me the deal that I wanted and I walked away with a brand new 2008 TSX. I researched edmunds true market value which provides dealer's invoice and what others are paying. It is a purchase that I am very proud of. Management team was wonderful too. At the time of the purchase, I decided to add a few accessories, such as splash guards, moonroof visor, and a spoiler. We scheduled a service appointment and A.P. took care of all that for me. A very important matter came up for the Saturday appointment and I called the service department to reschedule and it was not a problem at all. They took care of the rescheduling and the gentleman with whom I spoke was very courteous. One of the best things about the service department is not only the courteousness, but the hours as well. I am an auditor, so I travel quite a bit. Some days I work grueling hours, so the fact that they open at 6:30 really helps out as well. It is easy for me to drop off my car and go on to the office with ease. When I arrived the morning of my service visit, the doors were open at exactly 6:30. One of the employees in that department came out greeted me, ask me my name, and knew instantly what I had brought my car in for. He gave me a courtesy loaner car to drive and sent me on my way in less than 20 minutes. Overall, my experience has been most excellent with Crown Acura. It has been such a good experience, I have shared it with other friends and colleagues that are in the market for a new vehicle. If my continued service and sales experience is this stellar, then Crown Acura will have my business for a very long time.
  
I would never consider battling the traffic by driving to Northern Virginia to buy an Acura after buying from Crown in Richmond. I live in Richmond and got a good deal and Top Notch Service as well!!! For the first time I can say I am proud of my car purchase.
#3711 of 3770
New owner of 2008 TSX Base (no nav) for 27,714.93 OTD by gotkrus
May 24, 2008 (11:14 pm)
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I walked into Sierra Acura in Alhambra, CA this morning and was kindly assisted by their Internet Sales Department. The 2008 TSX base models are extremely scarce. I emailed over eight Acura dealerships in the LA/OC/IE area and some had at most two left, while others had none. This dealership had a Silver and Artic Blue Pearl color available, but none of the Carbon Gray Pearl color I had wanted. I was told the Carbon Gray Pearl color was sold out over a month ago and that it would be extremely rare to find that model/color at any dealership. I ended up purchasing the Silver. While I was completing my sale paperwork, multiple buyers inquired about the car that was just to me. I think I received a good deal and wanted to share it with all those who have contributed to this informative forum.
 
Vehicle Cost: 25,329
Doc Fee: 55
Sales Tax (LA County 8.25%): 2,094.18
License: 164
Registration: 64
Tire: 8.75
*TOTAL OTD: 27,714.93
 
Down payment 15,000
Financed 12714.93 at 2.9% (Memorial Weekend Special Rate) for 36 months
Finance Charge (split between 36 months): 592.47
Monthly Payments: 369.65
 
One free complimentary oil change and mud guard to be added at no cost.
 
Hope this helps someone. Good luck to those who are still researching a purchase.

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