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Acura TSX Lease Questions

1551 messages,  Last post on Nov 15, 2009 at 6:53 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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#830 of 1551
Re: 2009 TSX Non-Tech Lease [gforce11] by drtravel
Oct 02, 2008 (3:14 pm)
Reply

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 1551
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
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Prices Paid: Buying & Leasing Experiences Forum
#832 of 1551
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
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Prices Paid: Buying & Leasing Experiences Forum
#833 of 1551
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 1551
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
#835 of 1551
Re: October lease rates please - when available [drtravel] by Car_man HOST
Oct 05, 2008 (4:46 pm)
Reply

Replying to: drtravel (Oct 01, 2008 7:15 am)

Here's the information that you're looking for, drtravel. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TSX without the Tech Package with 15,000 miles per year are .00270 and 63%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical 48 month lease are .00255 and 53%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#836 of 1551
Re: October lease rates too ...... thank you. [mcginsu] by Car_man HOST
Oct 05, 2008 (4:49 pm)
Reply

Replying to: mcginsu (Oct 01, 2008 9:16 am)

Hey mcginsu. See my previous post for the info that you're looking for. The residual values for leases with 12,000 miles per year are 2% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#837 of 1551
Re: October lease rates please - when available [Car_man] by drtravel
Oct 06, 2008 (8:19 am)
Reply

Replying to: Car_man (Oct 05, 2008 4:46 pm)

Thanks for the info - looks like October's number are identical to September's. I'll just wait as I believe Honda will have to provide some incentives in the next few months given the current economic situation. The TSX residuals are higher than BMW's which suprised me and I bet alot of other people.
#838 of 1551
Re: October lease rates please - when available [drtravel] by Car_man HOST
Oct 14, 2008 (4:44 pm)
Reply

Replying to: drtravel (Oct 06, 2008 8:19 am)

You're very welcome, drtravel.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#839 of 1551
Good Deal by onlymehdi
Oct 21, 2008 (6:57 am)
Reply
i got the new Acura tsx 2009 without eh tech package this is the deal i got
500 down including tax and fees
408 dollars a month

i added the 600 tire warranty for 17 dollars a month total
425 dollars a month for 39 month
the reason for the tire is i had Mazda6 before and had to change 4 tires over 4 years because of potholes and Acura uses the same tires

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