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Acura TSX Lease Questions

837 messages,  Last post on Oct 06, 2008 at 9:19 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#329 of 837
Manufacturer to Dealer Cash question by lmp180psu
May 31, 2007 (8:50 am)
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I noticed that there is $500 M to D cash on the TSX non-nav until 7/2/07. Can this cash be used towards a lease? The description on the incentives section here has me confused...
 
$500 Cash to Dealer start: 05/01/2007 end: 07/02/2007
 
Restrictions: Eligible vehicles sold utilizing this program do not qualify for: "2007 TSX Regional Special AHFC Lease" or 2007 TSX Regional Special APR".
 
Comments: Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
#330 of 837
TSX lease in CT - inventory issues by jak0
May 31, 2007 (9:09 am)
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I have a question on lease numbers on a TSX in the CT market.
 
The dealers in my area have very few base TSXs (no navi) in stock. I know that one is getting in another shipment of 2007 and I suspect the others will as well. With that background, do you think I have any room to negotiate w/ these numbers?
 
15k miles/year
36 mos
 
26,951 sale price + 595 acq. fee (371 monthly payment w/ sales tax)
about 825 up front costs, including conveyance fee (299), first month, registration (155).
 
Money factor - .00110
Residual - 16,680
 
Alternatively, do you think the prices for the 2008 will differ all that significantly?
 
Thanks!
#331 of 837
Re: Manufacturer to Dealer Cash question [lmp180psu] by rujo
May 31, 2007 (1:24 pm)
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Replying to: lmp180psu (May 31, 2007 8:50 am)

Looks like it says pretty specifically the $500 cash is not available to the dealer if you get the special lease or financing terms. However, it has been posted somewhere that there is $300 factory to dealer cash even if a special lease or finance program is used. Regardless of cash incentives, dealers are motivated to sell their remaining 07's - the 08's are coming soon!
 
Per many, many posts . . . get several email quotes, shoot for a selling price $300-500 below invoice, pay only tags, title, dealer document fee and first month's payment upfront.
 
Take a look at message #3249 in the Prices Paid forum: $25,700 on a lease deal. Prices do differ from market to market . . . but this shows there are deals out there - don't let your local dealer b***s*** you.
#332 of 837
Re: TSX lease in CT - inventory issues [jak0] by rujo
May 31, 2007 (1:34 pm)
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Replying to: jak0 (May 31, 2007 9:09 am)

2008 prices will certainly be higher. Probably a small increase in MSRP, not much discounting early in the model year, and probably less attractive lease programs from AHFC.
 
Looks like your lease numbers are correct, so the only room to negotiate is on the selling price. Do you have quotes from more than one dealer? Perhaps extending your "quote range" into the NYC or Boston area would give you more leverage?
 
Good luck!
#333 of 837
TSX Lease Deal in Central Florida by sanman1
Jun 08, 2007 (9:16 pm)
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Please keep in mind that I have an 05 Accord LX lease currently with 8 months left on it. I'm at 39500 miles already on a 15k mile a year lease. I will be over miles by Feb 08.
Acura TSX Leas Deal with early termination of current lease
 
07 TSX with Navi
MSRP 30,760
Selling Price 28,187
Redidual 57%
Money Factor .00011
Payment $444.60 plus tax
 
They offer me 12k on my current car wich has a payoff of 13400. Remember this is a current lease.
Roll 1400 into new deal. What else are they rolling into the deal? I would think they are rolling the remaining payments of around 2500 into the deal to get this payment as it doesn't add up with just adding $1400 to the $28,187 selling price
 
Anyone think I can negotiate more for my trade and also a bit lower on the selling price. I'm asking the dealer what else they are adding to the deal to make the payment that high. I should be paying in the high 300's plus tax maybe lower 400's payment?
 
Any input would be appreciated.
 
Thanks!
#334 of 837
Re: TSX Lease Deal in Central Florida [sanman1] by kyfdx HOST
Jun 08, 2007 (9:23 pm)
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Replying to: sanman1 (Jun 08, 2007 9:16 pm)

Rolling in the $1400 plus $595 for an acquisition fee... only brings it up to $404/mo.+tax (MF .0011?).
 
Looks like about $40/mo. too much... Is $13,400 the residual at the end of term, or the current payoff?
 
Have you thought about a non-NAV? Generally, $30-$40 less per month, all else being equal. (not that it has anything to do with their numbers being off).
#335 of 837
Re: TSX Lease Deal in Central Florida [kyfdx] by sanman1
Jun 08, 2007 (9:29 pm)
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Replying to: kyfdx (Jun 08, 2007 9:23 pm)

Thanks for getting back so fast Wow!
The payoff from AHF is 13,400 for my Accord. They originally said that they would give me 11k and take it in as a trade, then I got them to give me 12k for it. This will leave $1400 negative on the Accord. I don't think that they are off too much as they want to move the remaining 07's but I think they are about $50 too much and I want to know where that is. Do you think low 400's plus tax is good with navi in my situation? Maybe I can get them to give me another $500 towards my trade and maybe go down a few hundred more on selling price of the TSX. Yes, without navi it will be lower but the navi is soooooo sweet. BTW: 15 miles a year on the TSX Lease Offer.
 
Thanks again.
#336 of 837
Re: TSX Lease Deal in Central Florida [kyfdx] by sanman1
Jun 08, 2007 (9:39 pm)
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Replying to: kyfdx (Jun 08, 2007 9:23 pm)

Here is the original first offer through email without a trade figured in:
 
07 TSX with Navi
Sale Price 28,300
MSRP 30,760
Redidual 57% = 17,533.20
Money Factor =.00110
36 Month and 15,000 mi
$0 Down
Payment 404.00 a month
 
Like i said I have the current lease that I'm in with 8 months to go. I will be over miles in a few months so I'll owe probably close to $1k in over mileage fees and I'm past warranty also. I only pay 322.00 a month now for current car (accord)
 
Their deal is 444.60 a month with paying off my accord and haveing $1400 negative equity.
I think I can work them a bit to get the deal to work. They have black/black with navi/auto.
 
I've been trying to figure all this out the last couple of weeks.
 
Ya think I can work this down closer to $400 a month? This is with $0 down.
 
Thanks again.
#337 of 837
Re: TSX Lease Deal in Central Florida [sanman1] by kyfdx HOST
Jun 09, 2007 (7:00 am)
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Replying to: sanman1 (Jun 08, 2007 9:39 pm)

Just off their figures above, they are $40/mo. too high.. I'd work on that part of it, before worrying about getting the price down, any more..
 
You are apart about an extra $1400 right now... I'd want to know why that is.
#338 of 837
Re: TSX Lease Deal in Central Florida [kyfdx] by sanman1
Jun 09, 2007 (8:44 am)
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Replying to: kyfdx (Jun 09, 2007 7:00 am)

Here is the skinny, I just spoke with him. Basically selling price 28,187 +595 Acq fee, +895 state taxes tag..., + plus my 1400 negative equity. My payoff on accord is 13400 they are giving me 12k as a trade in value. So the gross cap is 31,077 but the weird thing is over the phone he said my cost would be 31,593 which I don't know if I missed something?
Is the 800 fee something that you would pay aside from the 595 acq fee? Remember this would be a $0 down deal. You and I both know that Accord holds a good value and they are almost on with the trade value. I think I can squeeze them for another 250-500 on trade. What about that fee of 895? Are they BS'ing me? In the 800+ fee are they including my first month's payment. He said there are State of Florida taxes and such.
 
Thanks again I really appreciate this info.

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