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Prices Paid: Buying & Leasing Experiences Acura TSX Lease Questions
804 messages, Last post on Aug 27, 2008 at 11:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: matt19hsc (Jan 19, 2006 12:56 pm) |
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Replying to: Car_man (Jan 18, 2006 5:00 am) 36 months 12,000 miles/year 63% residual .0027 money factor $427.61 per month (includes tax, title, & acquisition fee) This is after the fact, but does this seem in line with what others are getting? Thanks.
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Replying to: robda (Jan 24, 2006 9:37 am)
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Replying to: dianka555 (Jan 25, 2006 7:43 am) I was a little frustrated with the salesman because he would "play dumb" and keep going back to his manager to answer my questions about the lease. It is amazing how they can turn the numbers around to try and confuse the buyer. |
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Hello, I just got a quote from a dealership in Atlanta, GA for the following 2006 TSX AT with $0 down payment. MSRP $28505 Cap Cost $27705 Residual $16532.90 Total Initial Pmt $1463.61 42 months, .00245 MF $375 per month + tax I haven't begun negotiation with the cap cost yet, I am planning on doing so but wanted to get an idea of where I should be at. I see from the other forum (prices paid) that people seem to be getting decent prices lately, I definitely plan on getting that much lower.... but I also wanted to make sure the MF is in line with Honda Finance. Has anyone been able to get them to waive the doc fees? Salesman gave me some line about not being able to.... But other than that, looks like I should be able to get it for a decent price, so I'm happy so far!
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CarMan: Can you help me sort out the conflicting information that I am getting on Honda Financial lease rates for the TSX? Looking at a non-nav TSX for 36 months; 12K miles per year. Web sources (including you in previous posts) and dealer agree on the residual (63%), but I am getting different stories on the money factor. I have read in this forums (and others) that AHFC's base MF for top tier rates(I qualify for top tier rates) is 0.00260; the dealer I am purchasing through says the best rate is 0.00310. Which is correct and why won't the dealer budge from the higher MF? Since there is a substantial difference in the total lease payments over the term between the two, I'd like to sort this out before closing the deal. Thanks. Karl
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Replying to: shaytaan (Jan 18, 2006 9:45 pm) The main number that you need to focus on during your negotiations is this car's selling price. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Take a look in the following discussion to get a feel for how much you should pay for this car right now: "Acura TSX: Prices Paid & Buying Experience". Once you have an idea, let me know. This information, as well as the MSRP of the car that you are interested in, will enable me to estimate what your lease payment should be. If I was in the market for a TSX, I personally would also take a close look at the BMW 3-Series, Audi A4, Mercedes-Benz C-Class, and Infiniti G35, all of which have more lease support available on them than the TSX does right now. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: hoyarenee (Jan 19, 2006 12:48 pm) Also, you may want to consider switching to a zero down lease rather than making a $1,700 down payment. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your TSX would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: matt19hsc (Jan 19, 2006 12:56 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: professorfrink (Feb 03, 2006 1:17 pm) As far as doc fees go, store policy may prevent your salesperson from waiving your car's fee but they can easily lower your selling price by the same amount. Look at doc fees as part of your car's total price. If you feel that the total price of this car, including all of the little fees that your dealer tries to tack on is fair then don't worry about how the price breaks down. If however, the fees make the car more expensive than you should be able to buy it elsewhere try to negotiate a lower total price. Car_man Host Smart Shopper / Prices Paid Forums |
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