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Acura TSX Lease Questions

751 messages,  Last post on Jul 06, 2008 at 2:34 PM

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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#513 of 751
Re: Car_man? [bvdj84] by vital411
Dec 15, 2007 (1:47 pm)
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Replying to: bvdj84 (Dec 14, 2007 10:51 am)

I'm in the same boat man, the difference is the MF (money factor) which is the interest for a lease. The current MF on the Accord is .0027 ( or 6.48%) and the TSX is .00068 (or 1.632%).
If i look at the EX-L Navi MT I want with a sticker of 27800, and say i can get it for 1,000 over Invoice at 26,328 the base payment is 252.56, but the interest is 117.62 making the total payment w/o tax 370.18 ( i took tax out as each state is different).
Now look at the TSX Navi MT, with a stick of 30700 and an estimated sale price of 28700 ( my friend go this for this 2 months ago). The base payment is 319.67 (which is higher then the accord) but the interest is only 31.21, making the total payment w/o tax 350.87.
So you can see it's not the MSRP and the sale price, or even the residual in this case as the Accord is currently 62% and the TSX is 56% (meaning with the TSX you are financing more of the car's value as they project it to be worth less at lease end then the accord). The Moneyfactor or interest is killing the payment.
 
Now for me a few other things add in - one being the TSX needs Premium, Accord does not. Also the Accord gets about 2 or 3 MPG more then the TSX and it's cheaper to insure.
Finally - and this is purley subjective - the accord is a bigger car, which i prefer.
 
That's the long answer to your question. I've got a hard decision ahead of me, and i'll be making it this week.
#514 of 751
Re: Car_man? [vital411] by mvs1
Dec 16, 2007 (11:06 am)
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Replying to: vital411 (Dec 15, 2007 1:47 pm)

Thanks for this post!!! I've currently put myself in an almost identical situation.
 
My wife has been looking for a replacement to her A4 and has looked at about 15 different vehicles, two Acura's being a few of them. Her lack of interest has actually peeked mine. I'm now looking at these same two vehicles. A few people in the TL forum had a similar situation where the TL ad TSX are now closer in price due to discounts than before.
 
In any event this post was extremely helpful in breaking down costing and some other factors that I've been mulling over as well.
 
Mike
#515 of 751
Re: Car_man? [mvs1] by bvdj84
Dec 16, 2007 (5:39 pm)
Reply

Replying to: mvs1 (Dec 16, 2007 11:06 am)

You know what though, as much as the TSX would be fun, I still want the Accord if I can get it for the price I want. I'll look for a car in the Spring, I'll go to a high volume dealer, the typically know what they are doing, and have more in stock to work with. My local dealer has a full stock, but not a market that is so big that they can keep them on the lot. They are strict on the price, They are had a blue coupe, which is the color I want, but they only one there. Hopefully, I will have good experience. I am not going to shop in the winter, I'll get more excited, when warm weather is back.
#516 of 751
Recent Quote in NJ by njacura29
Dec 16, 2007 (7:40 pm)
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Not sure if this is a good deal.
 
2008 tsx no navi.
 
36 month lease. 10 k mile.
 
$500 out of pocket (includes first payment and all fees)
 
$329 a month including all fees, taxes et al.
#517 of 751
Re: Recent Quote in NJ [njacura29] by bvdj84
Dec 17, 2007 (11:55 am)
Reply

Replying to: njacura29 (Dec 16, 2007 7:40 pm)

Close, you should be able to pay just the first payment. plus, with 12k a year allowance.
#518 of 751
Re: Recent Quote in NJ [bvdj84] by kiln
Dec 17, 2007 (1:02 pm)
Reply

Replying to: bvdj84 (Dec 17, 2007 11:55 am)

What is the sales price of the car?
 
Mine was $26,631 and the payments were still $360 a month (no money down). How are you getting it for $30 less a month?
#519 of 751
TSX w/ Nav in Mass. by gs117
Dec 20, 2007 (10:52 am)
Reply
Car_Man and others:
 
I'm currently mulling the idea of either purchaseing or leasing an '08 TSX w/ Nav, but before I go to a dealer or two I'm curious to know why most people are getting the car very close to invoice. I know the '09s will likely be the new revised model, but aside from that what are some other reasons? Will I have a better shot getting a lower price for a lease versus purchase? Finally, is the $1500 incentive also available here?
 
Thanks.
#520 of 751
Lease/Finance by ramstein317
Dec 21, 2007 (6:05 pm)
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All:
  I need some info. I am currently leasing the 2008 Acura TSX, with Navigation back from August 2007, through American Honda Finance Corporation. However, I am planning to get rid of it, and finance the "new", Accord or the 2007 with no miles Accord. Am I able to do this? What are the options that I am looking here? What do you guys think? One of my local dealers are getting rid of the 2007 Accords wayyyyyy below the under prices even on the EXL V6. I hope to hear from you all. Thanks!
#521 of 751
Just Leased 08 TSX by njacura29
Dec 21, 2007 (6:38 pm)
Reply
As I stated above. Just leased a new 08 TSX no navi for 329 a month 36 month 10k mile only 500 out of pocket (included all fees, taxes, first payment and registration for 3 years).
 
Leased at Montclair Acura in Northern Jersey. Drove over an hour to get there, but well worth the trip. First class dealership. Great sales people. No games. They were up front with everything.
 
Car drives great so far.
#522 of 751
Is this a good deal..? by ferreiror83
Dec 23, 2007 (2:36 pm)
Reply
I currently lease an 06 rsx. Its due to go back in december 08 and im on track to be over my mileage by about 7000 miles. I went to the dealership and they offered to take my vehicle in return the dealer would put me in an 08 TSX (msrp 28,190). Here are the details: 15000 miles per year for 36 months, $2,325 out of pocket, and a monthly payment of 325.
 
What does everyone think?

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