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Prices Paid: Buying & Leasing Experiences Acura TSX Lease Questions
806 messages, Last post on Sep 04, 2008 at 7:26 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello everyone, I was offered the following deal tonight on a 2009 TSX" MSRP:29,675.00 36 months 10k miles 423.08 tax included. a month Residual:20,475.75 = 69% MF:.00250 Up front 1st month payment:423.08 Fees:129.25 when I put the numbers in the calculator, it doesnt add up. Yet, this is the offer I was given last night. |
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Hello everyone, I just got an offer of the 2009 TSX w/ Tech Package MSRP: 32820 36 months, 10k miles/yr Residual value: 66% MF: 0.0026 Upfront: 1st month payment + 299 dealer fees (595 acquisition fee rolled into monthly payments) Monthly payment: 503 tax included Tax here is 7.3% The number coincident with what I got using an online lease calculator. Since the car is selling at MSRP I don't know if I can get a better deal or not. Maybe the 299 dealer fees can be negotiable, other than that, there's not much room to work around 
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I went to my local Acura dealer and this is the deal they gave me: MSRP-$29,675 Cap Cost-$28,400 12K Residual-68% Money Factor-.00285 because I do not have a 720 beacon score for .00265 top tier. Monthly payment with tax(6.25%)-$419 for 36 months. The only money I owe up front is what I owe on my trade. What do you think of this deal? |
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| I am looking to lease a 09 TSX for 3 years, 18000 miles per year, $1000.00 down. Dealership came up with $484.00 per month.I have excellent credit I'm looking to be at about $425-$440. Is that feasible? | |
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hey guys, has anyone seen the current money factor and residual value on the new 09 tsx w/ the tech package? thanks
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Replying to: rsayle (Jun 17, 2008 6:11 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 19, 2008 2:38 am)
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Replying to: rsayle (Jun 19, 2008 4:45 am) |
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Got an lease offer on a 2009 TSX non tech: MSRP 29,675 10K miles/year $2799 down 69% Residual = 20475.75 MF = .0025 $377 tax included Other terms: Acquistion fee. 595 Documentation Fee 195 Cap Cost Recution 1898.05 Net Capitalized Cost 29575.17 Residual Value 20475.75 Total Depreciation 9099.42 Mothly Depreciation 252.76 Monthly Rent 125.13 Base. 377.89 I still think it's high considering $2799 down. Any thoughts appreciated. I also got a quote for $449 for the Tech model using same terms, and they dropped it to $434 before I left.
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Replying to: mungoose (Jun 19, 2008 5:06 pm) I am no expert on car leasing but read quite some info about it lately and hope this can help. The most important factor is missing here: "Purchase Price"! From your numbers, it looks like you are paying (leasing) for more than MSRP. I think you should focus on: 1. Purchase Price: $invoice + dealer profit 2. MF: It is negotiable. The base rate should be 0.00235, try to search around for a correct amount. Anything above base rate is dealer's profit. 3. Document fee sounds high to me and I think it is negotiable. I usually paid around $45 in CA. 4. You should not put any down payment unless you really want to control your monthly payment amount. Your due at signing should be 1st payment + tax + ttl + fees. 5. optional MSDs (Multiple Security Deposits). After purchase price and MF are settled, ask if you can put down MSDs to lower your MF. You will get the money back when the lease is over. A friend just did this on her BMW, but Again, don't negotiate monthly payment with dealers. Talk price and MF.  Calculate the payment yourself with a lease calculator. Good luck. ~ugfwsh
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