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Prices Paid: Buying & Leasing Experiences Acura TSX Lease Questions
1556 messages, Last post on Dec 07, 2009 at 8:17 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I've seen your info for 12k, but I wasn't sure what is a good deal for 15k TSX/Tech 36 month. How important is it to know the underlying detail i.e. money factor/residual? If I know the monthly amount and the amount down, can't I d=jsut compare that to what I've seen on this board or should I be worried about "hidden costs" or creative accounting? Also I do not possess a solid uinderstnading of the leasing terms. I am assuming that I want a higher residual % i.e. 60% is better than 56% and I want a lower money factor i.e. .00198 is better than .00215? The deal I got was $2,400 down to pay taxes( i know you advocate not putting anything down, but does that include taxes/title etc?). M.S.R.P. is $32,820, selling price $28,991. Lease is $388.00/month. Residual value is .56% and the money factor is .00198, approximately 4.7% with approved credit, client must have a credit score of 710 or higher. Is this inline
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Replying to: arlington2 (Jun 12, 2009 11:21 am) rob
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Replying to: robertw477 (Jun 14, 2009 6:42 am) |
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Replying to: kyfdx (Dec 06, 2005 7:48 am) 2009 TSX Tech $3999 down $299/month + tax MF was .00198 10k/year I didn't ask about the residual - I just wanted the down and payment. is this good?
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Replying to: 23109vc (Jun 14, 2009 3:39 pm) You only want sign and drive. Never put anything down. Honda leases are 12K standard.. Rob |
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Just an Fyi, here is the Seattle area the dealership is telling me there is a 1250 Cap reduction on 09 Tech models but nothing on the base models. I'm not sure when this ends. Too bad there is nothing on the Base. Matt |
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Replying to: kingcobra7 (Jun 15, 2009 9:56 pm) rob
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Replying to: robertw477 (Jun 16, 2009 3:45 am) I will be putting only taxes fees and first month payment upfront which is approx 2500. Selling price = 31,500 money factor = .00198 Resid = 59% miles = 10k/yr Ive noticed that the residuals do not change from 10-12k/yr so i was thinking of telling the dealer that i would like 12k/year. I was planning on offering 375/mo and ill make the deal. Do you think that is a reasonable offer or could i get away with a better one? The car is a leftover 09 that has been sitting on the showroom floor. I figure everyone and their brother has been in the car and tcouhed everything. It is white with black int. Any help is great, thanks
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Replying to: bjohnston115 (Jun 17, 2009 5:53 am) Rob |
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| you should be able to get the price to at least $30,300. I added $2,500. out of pocket & it reduced my monthly to 321., so $111. per month less and I got 12, 000 miles per year, a must. so with $2,500 out of pocket, price $30,300. 12, 000 miles get a monthly of $380. including tax | |
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