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Acura TSX, Car Leasing, Sedan
#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.
Jul 14, 2011 (6:04 am)
I was just quoted 269/mo +tax with 3600 due at signing on a 2011 TSX base. Sale price is 29000. Is this a good deal? The dealer doesnt seem very willing to negotiate but I can always go elsewhere.
#2136 of 2481 Re: evaluate this deal [redhawkdan11]
Jul 14, 2011 (6:22 pm)
$29k is too much. I would check truecar.com to see what people are paying in your area. For example, in LA I would go for about $27,300 based on what truecar said.
#2137 of 2481 July 2011 TSX Tech Lease Pricing
Jul 16, 2011 (3:30 pm)
Hey everybody, just got a lease on a 2011 TSX V4 Tech Package. 36 months, 12,000 miles/yr, 500 down/out the door, 410 a month, all inclusive. I'm a loyalty customer coming off of a previous 2009 TSX base lease. Dealer told me .00092 MF and 58% residual. Forgave the last 2 months of the current lease as well.
I feel like I got a really good deal, since my last lease 3 years ago for a 2009 TSX base was 401/mo, 12000 miles, 36 month lease. Maybe I just got a bad deal there, who knows.
Anyways, leads me to wonder are sales down and I just struck at the right time? Either way, very pleased today. Very hassle free sales process dealing with the same dealership as well.
#2138 of 2481 Re: June TSX Lease Rates [postytsx]
Jul 17, 2011 (4:12 pm)
Thanks and you're very welcome PostyTSX. Acura's July buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Tech 4-cylinder with 12,000 miles per year are .00092 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#2139 of 2481 Re: July 2011 TSX Tech Lease Pricing [mquinnjr]
Jul 20, 2011 (5:37 pm)
I think you got a great deal. In fact I just got an identical lease ($410 per month, 1st month payment due at signing) on a 2011 TSX Tech Pkg M/T. I too was a loyalty customer coming off of a 2009 TSX Tech Pkg M/T.
I think I could have probably gotten the monthly payment below $400 if I tried a little harder, but I was happy with the deal and very pleased with the lengths this particular dealer has gone in order locate and then get me the particular car I wanted.
Jul 22, 2011 (7:33 am)
Hoping to get some advice from the group. I currently have a 2005 Acura TL fully loaded. It is without a doubt the best car I have ever had. Sadly the car is getting a little long in the tooth and major electrical issues are happening. Car dies every two days if I don't drive it. Nav, bluetooth and radio all died.Live in NJ and brought it to my mechanic(whom I trust)- had it for a month. After checking every wire, he couldn't figure it out. Thankfully he didn't charge me a dime. SO, the decision is what should I do with it. 141K miles on it.Other than the electrical issues, the car is great. Do I donate it, trade it in, etc..I don't think I can sell it privately.
I went to the Acura & Honda dealerships to check out the V6 TSX 2011 tech pkg and V6 Accord. The Acura salesman told me that they don't sell many V6's but said for the money I should look into a TL. I know it was BS. I cant imagine the TL with Tech pkg close to the TSX.. Getting to the point....I am torn between leasing and buying. If I lease, I am thinking of going the Honda route because I know I won't want to have it beyond 3 years. I love Acura, but unless I can get 7-9K for my 2005 Acura on a purchase, I don't know if I would buy either. I also don't understand why anyone would put money down on a lease. To me doesn't make sense. Basically giving the dealer your money with no chance of getting it back. Sure your payments will be lower. Am I wrong. Any help would be appreciated.
#2141 of 2481 Re: Torn [stone23]
Jul 22, 2011 (6:35 pm)
I share the same thoughts about putting money down on a lease. Putting money down on a lease is just foolish. It actually doesn't matter one bit to your dealer if they get $3000 down or $0 down. They are still getting 100% of the selling price of the car from either Acura Financial or the particular bank that is financing the lease.
As far as your 2005 TL is concerned. That's a great car! If it were me I would take it to the Acura dealer and have them see if they can figure out where the electrical problem is. I know you trust your mechanic friend, but your Acura dealer probably has better tools for finding & diagnosing the problem. The car has got to be worth $2-4K more if it is in good condition than it is now.
Now having said that, if you don't want the hassle the easiest thing to do is see what the dealer will give you for it in trade. KBB has your car listed $8700 for trade in "Fair" condition which is the lowest it will go. A dealer will never give you KBB value on trade though.
I've looked at and driven both the V6 Accord and the TSX. I went with the TSX instead even though it was slightly more expensive than the Accord. The reason being:
1. I just liked the styling on the TSX better than the Accord.
2. The Tech Package (NAV, Sound System, etc) is more advanced on the TSX than the Accord.
The TSX now has a Hard Drive based Navigation System, whereas the one on the Accord is still DVD based and feels to me like it's about 2-3 years behind that of the Acura.