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Prices Paid: Buying & Leasing Experiences Acura TSX Lease Questions
1554 messages, Last post on Dec 01, 2009 at 6:31 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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| Thanks for the details about your purchase. I also feel the quote I got was too high. I am going to visit another dealer or two and see if I can get a deal closer to 28K for a Tech. | |
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what are the current residual value and money factor on the '09 TSX with tech at 10,000 miles per year? any incentives (particularly for current acura owners)? many thx.
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Replying to: thechairman1 (Apr 13, 2009 10:53 am) |
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Replying to: thechairman1 (Apr 13, 2009 10:53 am) Money Factor .00215 Residual Value 63% $18,849.60 |
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Replying to: Car_man (Aug 15, 2008 2:34 am) MF .00215 (for customer's with FICO scores above 660). residual 62% for 3years x12,000 miles Sales price of $26,891 (a bit high, I know but I haven't got anything better yet), MSRP $29,720.00, the monthly - $350.37 (only first month/license/registration due at signing, around $700) Is this a good deal?
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Replying to: anzial (Apr 13, 2009 7:24 pm) Here is how I see if I am getting a good deal (I have to have these #'s before making a deal). MSRP MF .00215 Residual (used with MSRP to get Residual value = RV) Lease Term Mileage 10,000/yr ( for Acura, they'll probably add extra cost for higher allowance) Price of the car (26,891 is a good price) Gross Cap Cost (get breakdown of this number) Cap Reduction (if any) Net Cap Cost Formula I use: Net Cap + RV multiply total by MF (which will give you monthly rent charge) Take that mo RC and multiply by lease term (total rent charge (interest) Not done yet... Net Cap - RV = Dep/use Charge Use charge + Rent charge = total base payments, which then you divide by the term to equal monthly base payment. Good Luck!
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Replying to: memesgoofy (Apr 17, 2009 4:55 am)
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Replying to: anzial (Apr 18, 2009 2:10 pm) What area do you live? Forgot to mention to add sales tax on the monthly base payment. Tax in my area is 7%. It seems from what I've read in a couple of posts, some have paid the sales tax of the term of the lease up front. Would that allow the leasee to submit all of the tax on their 2009 return?
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Replying to: memesgoofy (Apr 18, 2009 5:28 pm)
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I've been looking for about a week now and find all local dealers are very low in stock on the base model and se the ones they have they are asking high prices for. Best price on a red one was 27,231.00 and worse price on one was 28,000.00. I guess I missed out... I must tell you though, there are lots and lots of Tech models available.. I wonder if Acura will run agressive specials on them. Is it true the 2010 models will be out end of May?
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