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Acura RSX Lease Questions - READ ONLY

68 messages,  Last post on Feb 29, 2008 at 1:30 PM

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

What is this discussion about? Acura RSX, Car Leasing, Coupe


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#22 of 68
Re: What is the prognosis for offers for purchase and leasing for Nov 05? by Car_man HOST
Nov 03, 2005 (4:13 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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#23 of 68
Type-S Lease questions by pocari
Nov 20, 2005 (2:01 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!
#24 of 68
RSX-TypeS - Is this a good Lease Deal? by brian5054
Nov 26, 2005 (8:09 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...
#25 of 68
Re: Type-S Lease questions [pocari] by Car_man HOST
Dec 06, 2005 (3:33 am)

Replying to: pocari (Nov 20, 2005 2:01 pm)

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%.
 
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#26 of 68
Re: RSX-TypeS - Is this a good Lease Deal? [brian5054] by Car_man HOST
Dec 06, 2005 (3:52 am)

Replying to: brian5054 (Nov 26, 2005 8:09 pm)

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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#27 of 68
how do you translate apr to money factor by gearyblvd
Dec 06, 2005 (6:27 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?
#28 of 68
Re: how do you translate apr to money factor [gearyblvd] by kyfdx HOST
Dec 06, 2005 (7:57 pm)

Replying to: gearyblvd (Dec 06, 2005 6:27 pm)

Divide by 2400....
 
2.9% / 2400 = .0012 approx.
#29 of 68
Re: RSX-TypeS - Is this a good Lease Deal? [Car_man] by brian5054
Dec 07, 2005 (10:36 am)

Replying to: Car_man (Dec 06, 2005 3:52 am)

Hi Car_man, Thanks for the reply. My payment of $358 vs your calculated pmt of ~$336 amounts to a difference of about $22*36=$792. ~$200 of this is Title, License, Inspection etc... All legit costs, I believe. The dealer also stated that there was a $595 "origination" fee. I don't know how standard this fee is but I accepted it and took the deal. They also threw in free oil changes for two years. I feel fairly comfortable about this deal, even with the low MSRP discount of $500, since I shopped around at two other area Acura dealers and they could not match the deal. I think these cars are pretty sparse in my area since I've been driving the car for awhile now and have not seen a single one on the road other than mine. It is fun to drive...
#30 of 68
Re: Type-S Lease questions [Car_man] by rws0131
Dec 24, 2005 (1:17 pm)

Replying to: Car_man (Dec 06, 2005 3:33 am)

Car_man,
 
Would you please be able to tell me the money factor and residuals for the Acura RSX Type-S for 24 months and 12,000 miles and 15,000 miles respectively???
 
Thanks,
 
RWS
#31 of 68
I'm back... by Car_man HOST
Dec 28, 2005 (3:12 am)
Hi everyone. I've been away on vacation for a little while. I'm going to answer any questions that have been posted over the past couple of days. I would appreciate it if anyone who has an older question than than that they would still like to have answered would post it again. Thanks and Happy Holidays.
 
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