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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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#833 of 1553
Re: 09 TSX Tech Package Lease [jmb8606] by Car_man HOST
Oct 05, 2008 (4:39 pm)
Reply

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)
Reply

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 1553
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
Host
Prices Paid: Buying & Leasing Experiences Forum
#836 of 1553
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 1553
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 1553
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 1553
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
#840 of 1553
Re: Good Deal [onlymehdi] by njnj
Oct 21, 2008 (10:55 am)
Reply

Replying to: onlymehdi (Oct 21, 2008 6:57 am)

hi onlymehdi,
 
can you give out more info on your lease? is that 36-month 15K/month lease? what's the breakdown cost of your inception fee? what's money factor? thanks a lot!
#841 of 1553
Re: Good Deal [onlymehdi] by drtravel
Oct 21, 2008 (11:12 am)
Reply

Replying to: onlymehdi (Oct 21, 2008 6:57 am)

I don't have the 39 month values, however if I were to lease this car I wouldn't put anything down and I wouldn't pay over invoice.
 
So a car with a MSRP of $29,720, Cap cost of $27,398 (invoice price with nothing down), 36 months with 15K per year has a residual of $18,724 (63%) and a money factor of 0.0027 would have a monthly lease payment of $365.48 + TTL. I doubt a 39 month lease would be much different - the monthly payment might even be a little bit lower.
 
When analyzing leases you need to provide more information than just the monthly payment. They may have bumped up the money factor, your cap cost may have been too high etc.
 
Don't know what market you are in but in So Cal, buying this car for close to invoice is definitely doable.
 
PS - good luck on finding the money factor in your contract. Seems like car leasing is exempt from listing the APR. Just multiply the money factor by 2400 to determine the interest rate - 2400 * 0.0027 = 6.48%. I think this is too high and am willing to wait until the rates comes down.
#842 of 1553
Re: Good Deal [drtravel] by njnj
Oct 21, 2008 (12:25 pm)
Reply

Replying to: drtravel (Oct 21, 2008 11:12 am)

i was quoted MF of 0.0030 for 36-month 15K/yr lease. if you have good credit, the MF is 0.0029. can anyone tell whether it's correct for october? i saw 0.0027 from Mr carman's post too, is it right? where can i get this number officially? thanks!

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