Last post on Nov 28, 2013 at 6:30 AM
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Acura TSX, Car Leasing, Sedan
#2010 of 2481 Re: Which one should I go for? [nbhattarai]
Jan 16, 2011 (12:44 pm)
Hi nbhattarai. You can lease any vehicle that you want without making any sort of capitalized cost reduction aka down payment. In fact, it's a good idea to put as little money down as possible when leasing.
Acura definitely has a lease program on the 2011 TSX. I'm surprised that the dealer didn't tell you about it. I guess that they're trying to push their leftover 2010 models out the door.
The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The key to getting a good deal is to negotiate as low a selling price as possible on the vehicle that you want. If I was in the market for a TSX right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus any available cash incentives.
Prices Paid: Buying & Leasing Experiences Forum
#2012 of 2481 2010 TSX 4 cylinder without navigation
Jan 18, 2011 (2:31 pm)
My lease on my 2008 TSX is expiring in a month, so, having enjoyed the car I recently went back to my local Acura dealer in Miami to obtain an offer on a new lease on a 2010 TSX 4 cylinder without navigation. The offer provided was as follows:
Cap cost: $28,436.00
Money factor: .00039
Terms: 36 months/10K miles/year
Monthly payment: $340/month (tax included (7% in Florida))
Up front fees: I must pay $1,250.00 up front
Extra: The dealer with pay my first month of my lease
I am also entitled to a rollover of 15K miles from my old lease.
After reading several posts I believe I will be required to pay too much. Perhaps, my cap cost is too high and I should not be paying so much up front ($1,250) on tax, title, etc.
How should I counter the offer? Should I demand they reduce the cap cost by upwards of $1,000.00? Does anyone know the invoice price on a 2010 TSX 4 cyllinder without navigation? Any suggestions and constructive responses are greatly appreciated. Thanks for your attention and time to this query.
#2013 of 2481 Re: 2010 TSX 4 cylinder without navigation [nycmiami]
Jan 18, 2011 (3:53 pm)
Your MF (<1% apr) and residual (~60%) look to be pretty solid. Capital cost does seem kinda high.. I would make certain the cash incentives are factored in -- for a I-4 Auto 2010 TSX should be $1250 to dealer at minimum and possible $500 to customer if you trade in a lease or own a luxury vehicle. See link - http://www.edmunds.com/acura/tsx/2010/car-incentives.html?style=101174002
Using one of the car buying services (USAA, consumer reports), a 2010 4 cyl automatic NON-tech TSX for $26719. Same specs WITH tech is listed at $29312. Both of these figures include the mfr to dealer $. But this is for Car ONLY..does not include any taxes/fees/other money rolled into capital costs.
And FWIW, there are still quite a few 2010 tsx's around...check other acura dealer's web page inventory and casually mention it to your dealer if they tow a firm line.
Hope this helps..good luck and let us know how you do!
#2014 of 2481 Re: 2010 TSX 4 cylinder without navigation [helixtimestwo]
Jan 19, 2011 (4:14 am)
Thanks for your help. I will let you know the final numbers.
#2015 of 2481 2010 TSX Lease
Jan 21, 2011 (7:27 am)
I've been offered the following on 2010 Base in MA:
Cap cost including all fees: 27504.42
36 15k Per year
54% Residual - 16291.80
Ma Tax 6.25%
Zero money out of Pocket
$353.73 per month including tax
#2016 of 2481 Re: Rates for a 2011 TSX wagon?? [Car_man]
Jan 24, 2011 (8:34 am)
Do you have the Jan. money factor and residual value info for the base TSX Sportwagon at 36 months and 10,000 miles per year?
#2017 of 2481 2010 TSX without tech
Jan 25, 2011 (4:23 pm)
I just executed the following deal on a 2010 TSX without tech:
Term: 36 months
Miles allowed: 10K per year but the dealer transferred 15K extra miles from my old lease onto this one as per Acura's policy on re-leases
Total Cash down: $500.00 for tax, title, etc., including first month's payment
Monthly payment: $305.00/month without tax
The dealer also threw in free oil changes and tire rotations for the life of the lease.
This took place in Miami, Florida
#2018 of 2481 Re: 2010 TSX without tech [nycmiami]
Jan 26, 2011 (12:57 am)
I pay 5 dollars more per month and I have the tech package.
#2019 of 2481 Re: Rates for a 2011 TSX wagon?? [adfreak]
Jan 27, 2011 (12:12 pm)
I sure do adfreak. Acura's January buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Sportwagen with 10,000 miles per year are .00190 and 63%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
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