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Prices Paid: Buying & Leasing Experiences 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
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I just leased a 2008 Acura TSX, no extra options, non-navi, 5-speed auto. My payments are $296/month (plus tax). I have put $4000 down (I don't like to put a down payment on lease but I just really had to make the payments as low as I could). The residual on the car is around $16700. Lease terms are 10k/yr, 36 months lease. I qualified for tier 2 because I wasn't on the credit bureau for long enough (only 8 months or so) as I moved recently. I don't know exactly what it is, but they told me that the money factor is 2.51%. It seemed to me like it was a good deal because it was only $1800 more than the advertised on the lease special (WA residents pay additional $700 fee on top of the $1500 advertised) and the payments were actually $3/mo less. My question though is: did I get a good deal? Your comments are greatly appreciated. Thank you! |
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Replying to: res332 (Feb 24, 2008 4:54 pm) Last night I was just offered a monthly payment of 327 a month for a 36 month lease, 15k a year miles, no cap cost. (first offer was 345). I still might try to work it down. I always look at monthly's excluding taxes as that can very from state to state and change the look. You do need to consider sales taxes etc as some states have unusual rules for leasing.
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Replying to: cfrago (Feb 26, 2008 5:21 am) Also, do you know if Acura revises it's incentive/ lease package on March 3 like Honda? Thanks |
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Hello, I'm new but have been reading a bunch. Here's the deal I'm getting from a dealer in SoCal: 2008 Acura TSX w/Navigation 36 Month Lease  12K/year - Sign and Drive ($0 Drive Off) MSRP: 31005 CAP COST: 29368 RESIDUAL: 56% = 17363 MF: 0.00035 SALES TAX: 8.25% PAYMENTS: 378.69/MONTH Is there anything I could work down regarding these numbers? Thanks!
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Replying to: izdubb (Feb 26, 2008 2:53 pm) My deal: 08 auto with navi Sign and drive. 12K miles per year 358.00 per month. |
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Today, I received a quote for 08 TSX wthout navi. 36 month / 12K per year lease / zero downpayment = $333 per month (including all fees and taxes) Is this a good deal?
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Does anyone think there will be a better deal when the 09 TSX's debut in March? I really like the current body style and most likely will lease one soon. Current deal: $299.00 per month for 36 months. $1,499.00 total due at signing. 10k/year. Includes down payment with no security deposit. Excludes taxes, titles and fees. For well-qualified buyers.
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Replying to: chipc1 (Feb 26, 2008 8:16 pm) If they get rid of most of the 08's with the current deals, there will be no reason for them to do anything other than maintain the programs they have now, but you will have few models and colors to choose from. |
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Hi -- first, thanks to many on this forum who provided valuable advice, especially Carman. Here is the deal I got from a San Francisco Bay Area dealer. I did the negotiating via email and was very specific about the color combo I wanted. It was a painless, perhaps even pleasant process. No games by the dealer. 08 TSX Auto w/NAVI 36 months/ 10k per year (I didn't need any higher mileage) DOWN - $1499 drive off, which included: - first month lease payment of $337 - initial tax, license, destination and doc fees - cap cost reduction - protection package and door edge guards (about $400) - interior trim kit (about $350 with installation) My monthly lease payment is $337, which breaks down to $310 + $27 in taxes. Residual is $17,672. The dealer threw in 3 free oil changes. I was going to purchase the car and finance, but the money factor could not be beat. I leased instead to give me some options. If for example, the car gets damaged, I may not want to keep it. Or if my situation changes and at the end of 3 years, I need another type of vehicle. I am socking away another $350 every month so I have a tidy sum to help pay off the car at the end of the lease if I want to keep it. I think I could have bargained more, but the color combo I wanted was very hard to find currently in the Bay Area, so I was eager to close the deal. Good luck everyone. The TSX is one great car!
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Replying to: fairfax77 (Feb 28, 2008 8:41 pm) 
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