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Acura TSX Lease Questions

1541 messages,  Last post on Nov 08, 2009 at 9:41 AM

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What is this discussion about? Acura TSX, Car Leasing, Sedan

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#1428 of 1541 Re: New to Leasing. [marc52] by robertw477 Jun 30, 2009 (7:38 am)
Replying to: marc52 (Jun 30, 2009 7:14 am) Now you get into the buy vs lease situation. I think that many in the media called leases (fleeces) is that many just dont understand a car lease. Some people just understand the monthly payment whether it is a buy or a lease. My way of looking at it, if you can basically pay for the actual depreciation of the car (per a lease)you are doing well. If you buy a car your loan should be for 5 years max. If you do the math-for example a car loan at 6%/30K car/5 years with 3000.00 down will get you an 821.00 car payment. The same car using a lease program may yield a cost of 400-450 a month (estimate). If you buy a car and drive it for many years probably near or after year 5 you will be ahead of the game. If you buy a car every 3-4 yrs and trade in, the lease is the way to go. This assumes you buy a car with good residual values like honda, lexus,bmw, infiniti etc.   Rob
#1429 of 1541 What is a fair price? by marc52 Jun 30, 2009 (9:09 am)
Looking at a 2009 TSX base, What is a fair price with nothing down. The current deal is 299/month, 2405/down and 3299/due at signing. How do you convert this to nothng down with a good buyout price. I do anticipate buying it at end of lease and keeping it for at least 7 years. All help is appreciated. Replies to this message: tbenson81 (Jun 30, 2009 11:04 am) robertw477 (Jun 30, 2009 12:28 pm) 10sfan (Jul 02, 2009 9:57 am) kingpcgeek (Jul 02, 2009 12:00 pm)
#1430 of 1541 Re: What is a fair price? [marc52] by tbenson81 Jun 30, 2009 (11:04 am)
Replying to: marc52 (Jun 30, 2009 9:09 am) Just diviide the Money down over the term. So 299 a month with 3000 down for 36 months is 299 + (3000/36) = 83   383 with no money down   Just to give you a ballpark number
#1431 of 1541 Re: What is a fair price? [marc52] by robertw477 Jun 30, 2009 (12:28 pm)
Replying to: marc52 (Jun 30, 2009 9:09 am) In my earlier post a few up I mention how most people dont understand a lease. Your post is an example of this. I am blunt but I dont want a person like you new to leasing to get screwed.   #1 Buyout terms on a lease are generally not favorable. In faxt you can return the car to the dealer and basically buy it back at a lesser amount on the contract. Only one time did it make sense for me as I was way under mileage.   #2 If you are keeping a car for 7+ years buy it for get the lease. I think there are some special interest rate deals for Acura?   #3 You lease because you want the flexibility of the lease and you dont want to buy the car.   BTW that deal you have is terrible. You ask for a SIGN and drive lease. You need to do better on an 09 base model than that. You cannot negotiate buyout price with American Honda.   Rob
#1432 of 1541 So what is a good deal? by marc52 Jul 02, 2009 (6:33 am)
On a 2010 base TSX for 36 months. I do want to buy it at the end of the lease. I am going to use money from my private sale to make the payments and buy it at the end. For 36 months what is a good monthly payment and buyout price. Replies to this message: marc52 (Jul 02, 2009 6:34 am) robertw477 (Jul 02, 2009 7:12 am) kingpcgeek (Jul 02, 2009 7:59 am)
#1433 of 1541 Re: So what is a good deal? [marc52] by marc52 Jul 02, 2009 (6:34 am)
Replying to: marc52 (Jul 02, 2009 6:33 am) Nothing down ofcourse!
#1434 of 1541 Re: So what is a good deal? [marc52] by robertw477 Jul 02, 2009 (7:12 am)
Replying to: marc52 (Jul 02, 2009 6:33 am) Forget the buyout price. Its set by American Honda. Per a lease deal like this it is not relevant. If you mean you want to buy the car from American Honda at the end of the lease and then sell the car for a profit? This is fairly difficult. Unless you are under miles there wont be a big spread. I am not sayign its not possible, but I would not worry about that.   Rob
#1435 of 1541 Re: So what is a good deal? [marc52] by kingpcgeek Jul 02, 2009 (7:59 am)
Replying to: marc52 (Jul 02, 2009 6:33 am) Why would you go through a lease when you plan on buying it at the end of three years? If you buy it instead of leasing it you don't get hit with the $595 bank fee.   As someone else already said there is no negotiation of the buyout price. That price is MSRP X the residual % set by Honda Finance. You negotiate the selling price.
#1436 of 1541 Re: What is a fair price? [marc52] by 10sfan Jul 02, 2009 (9:57 am)
Replying to: marc52 (Jun 30, 2009 9:09 am) Chicago, Il area add for the TSX base is $272.00 Mo, with $2,272.00 down, including first months payment. Nothing about an acquisition fee included. TTL extra. I am in the process of getting an internet quote on the bottom line selling price to see if any of the $2,000.00 balance can be reduced from the selling price and then added to the 36 monthly payments. Will advise on the pricing I receive. Replies to this message: kingpcgeek (Jul 02, 2009 12:00 pm)
#1437 of 1541 Re: What is a fair price? [10sfan] by kingpcgeek Jul 02, 2009 (12:00 pm)
Replying to: 10sfan (Jul 02, 2009 9:57 am) As long as you credit is very good, you can put down any amount (even $0) when you lease. Ignore the "lease deals" that say you need to put down X amount.

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