Last post on Nov 28, 2013 at 6:30 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Acura TSX, Car Leasing, Sedan
#2125 of 2481 Re: June TSX Lease Rates
Jun 12, 2011 (10:59 am)
I was in the Acura dealer getting a service and I wondered over to the new car showroom. I started talking to a sales associate and next thing I know he was emailing me with a new lease deal on a 2011.
I have a 2010 TSX Base/automatic with 12k miles on it. I have 14 months left on my lease, and pay $374 a month which includes the FL usage tax of 6% per month. I have 10k miles per year, and it was originally a 36 month lease.
I told the sales associate that I would ONLY be interested if I could walk out of the dealer with no $$ down and the same exact payment per month. Well, he was able to make me that deal with only 1st months payment due at signing (my current payment is due on Friday, so this is not a big deal). It's the same lease conditions but on a 2011 TSX base/auto- 36 months 10k miles.
Should I do it?
#2126 of 2481 Re: June TSX Lease Rates [amandasf]
Jun 13, 2011 (10:00 am)
Not a bad deal considering the shortage of this model and their swallowing your payments too.
If you like the car, then I think its good. But I would say push one step harder and either ask them to give you 12k mi/yr, or swallow the first month payment.
#2127 of 2481 Re: June TSX Lease Rates [ahashmi]
Jun 13, 2011 (10:14 am)
I am not sure they are swallowing my payments. They want my current car. It's a 2010 with less than 12k miles on it. My lease payoff is $23,800 and the KBB on the car is at least $25 and similar are selling for $28k.
#2128 of 2481 Re: June TSX Lease Rates [amandasf]
Jun 14, 2011 (3:46 pm)
The resale values on used cars with good gas mileage has been really high - hence the offer. Seems like a no brainer to me - take the deal.
#2129 of 2481 Re: June TSX Lease Rates [biker4]
Jun 16, 2011 (9:50 am)
I found out that the dealer is going to be paying off my current car.
I originally said no to the deal and he came back with an offer for $25 less than what I am paying now with only 1st month down, so I am going to do it.
#2130 of 2481 Re: June TSX Lease Rates [amandasf]
Jun 20, 2011 (6:16 am)
Good luck, sounds like a good deal
#2131 of 2481 Re: June TSX Lease Rates [Car_man]
Jul 09, 2011 (9:03 am)
Wondering if you could tell me what the July Money-factor and Residual would be on a 2011 TSX Tech 6 speed, 12,000 miles per year. I'm pre qualified for Acura's best financing.
I currently have a 2009 TSX Tech 6 speed with 20,000 miles that I have to return back to the dealer in August. Is there anything I can do with my current car that might help me get a better deal on my next TSX?
#2132 of 2481 Re: June TSX Lease Rates [postytsx]
Jul 10, 2011 (4:42 pm)
Hi PostyTSX. Acura's July buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Tech V6 with 12,000 miles per year are .00092 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Many dealers are definitely clamoring for trades right now. I know several people who have used the fact that they are returning a vehicle to make money that they then applied towards their next lease. There's no guarantee that you will be able to do this, but it's worth a shot.
Prices Paid: Buying & Leasing Experiences Forum
#2133 of 2481 Re: June TSX Lease Rates [Car_man]
Jul 10, 2011 (6:25 pm)
Thank you very much for the info on the 2011 TSX Tech V6 with 12,000 miles per year.
I was hoping you might also be able to give me the July buy rate lease money factor and residual for the following:
2011 TSX Tech MT (manual transmission). 12,000 miles per year. I think that model only comes with a 4 cylinder engine.
Thank you so much! I don't know where we would be without your help and guidance. You've made me a much smarter buyer / leaser over the years.
#2134 of 2481 Re: June TSX Lease Rates [Car_man]
Jul 11, 2011 (8:54 pm)
Heading into my local Acura dealer Tuesday evening to discuss a lease on a 2011 TSX Tech with Manual Transmission. 12,000 miles per year.
Would you be able to equip me with the Money Factor and Residual?
Assuming the Money Factor is the same (.00092) as it is for the V6, but I'm guessing the Residual might be different.