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Acura TSX Lease Questions

1553 messages,  Last post on Dec 01, 2009 at 3:15 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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#825 of 1553
October lease rates too ...... thank you. by mcginsu
Oct 01, 2008 (9:16 am)
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I, too, would be interested in the October lease rates for 12K and 15K for 36 and 48 months. Thanks so much.
#826 of 1553
Re: Lease prices [rolento76] by mcginsu
Oct 01, 2008 (9:21 am)
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Replying to: rolento76 (Sep 29, 2008 10:03 am)

Thanks for the info. I'm going out this month to a few dealers to see what they quote. I was very disappointed in the dealership (Davis Acura) where my family has already leased 4 Acuras ... it was a new salesperson and he was just terrible but I really love the car!!
#827 of 1553
Re: October lease rates please - when available [drtravel] by oliviob
Oct 01, 2008 (11:11 am)
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Replying to: drtravel (Oct 01, 2008 7:15 am)

Ditto!
#828 of 1553
Re: 2009 TSX Non-Tech Lease [tyler143] by drtravel
Oct 01, 2008 (6:24 pm)
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Replying to: tyler143 (Sep 29, 2008 7:07 pm)

What kind of Acquisition (or bank) Fee does Acura charge to get a lease? Do they have a Disposition Fee at the end of the lease? Did they list a Purchase Option Fee should you decide to purchase the car at the end of the lease?
 
Sorry about all the fee questions, but inquiring minds...
#829 of 1553
Re: 2009 TSX Non-Tech Lease [drtravel] by gforce11
Oct 02, 2008 (7:52 am)
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Replying to: drtravel (Oct 01, 2008 6:24 pm)

Acura charges $595 for acq/bank fee and no disposition fee.
Also includes $1500 damage waiver ($500 per incident) and GAP coverage is included. I don't believe there is a purchase option fee.
 
G
#830 of 1553
Re: 2009 TSX Non-Tech Lease [gforce11] by drtravel
Oct 02, 2008 (3:14 pm)
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Replying to: gforce11 (Oct 02, 2008 7:52 am)

Acura charges $595 for acq/bank fee and no disposition fee.
 
Thanks for this - some dealers mark up the acq/bank fee - so it's nice to know what it is before hand. BMW dealers are famous for marking their acq fee up $200 and many people don't seem to know that MB charges a hefty end-of the lease fee.
#831 of 1553
Re: 09 TSX base manuel lease [atuncer] by Car_man HOST
Oct 05, 2008 (4:20 pm)
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Replying to: atuncer (Sep 23, 2008 6:21 pm)

Welcome atuncer. One possible explanation for why the money factor that you were quoted is slightly higher than the one that you have seen mentioned here is Honda Finance's security deposit waiver program. Honda Finance will waive its security deposit requirement on leased vehicles in exchange for a money factor increase of .00010.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#832 of 1553
Re: Leasing [redrobin1] by Car_man HOST
Oct 05, 2008 (4:34 pm)
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Replying to: redrobin1 (Sep 25, 2008 4:06 pm)

Hi redrobin1. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the two most important numbers to know when leasing are your car's selling price and the money factor that the dealer is using to calculate its monthly payment. I see that you already know what the dealer is charging for this car. That's a great start. Let's take a look at it. The dealer invoice price for a 2009 Acura TSX with an automatic transmission but without the Technology package is $27,399. So it appears as though the selling price that you were quoted is $500 over invoice, which is very good.
 
Just make sure that the dealer that you are working with uses Honda Finance's current buy rate lease money factor of .00270 (for "Super Preferred" tier customers who pay a security deposit at lease signing) and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#833 of 1553
Re: 09 TSX Tech Package Lease [jmb8606] by Car_man HOST
Oct 05, 2008 (4:39 pm)
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Replying to: jmb8606 (Sep 28, 2008 6:45 pm)

Hi jmb8606. It would be much easier to tell if this is a good deal if you provide us with this car's selling price. Never lease from a dealer that does not provide you with this information. The selling prices of leased vehicles are negotiable, just as if one was paying cash for or financing them.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#834 of 1553
Re: 09 TSX Tech Package Lease [Car_man] by jmb8606
Oct 05, 2008 (4:44 pm)
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Replying to: Car_man (Oct 05, 2008 4:39 pm)

36 month lease
12K miles
$3,800 Drive off (Down)
payments of $400.18 including tax(some reason off by a few cents, What is the tax at your home or county tax?)
$371.40 with out tax.
.00280 money factor
62% Res. Value
 
your $3800 drive off includes the following:
1st month payments of $400.18
Cap red of $2497.16
Sales tax up front $243.91
1st years fee of $8.75
Sec Deposit $000.00
Doc Fee $55.00
Acq. Fee $595
 
Your Residual is $20,348.40

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