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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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#865 of 1551
Request for TSX Residuals/Money factor by drtravel
Nov 11, 2008 (11:07 am)
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Looking for Base model 15K per year, 36 and 48 months. Also are these valid for the next two months?
 
Thank you
#866 of 1551
Re: 2009 Acura TSX lease info [drtravel] by Car_man HOST
Nov 13, 2008 (4:46 am)
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Replying to: drtravel (Nov 05, 2008 9:24 pm)

Hey drtravel. Acura is not providing lease support on 4 year leases of the 2009 TSX, so if you want to lease for this long its money factor would increase slightly from the special .00263 to the standard .00290 (for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. Honda Finance's residual value for a 48 month lease of a base '09 TSX with 15,000 miles per year is 52%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#867 of 1551
Re: Request for TSX Residuals/Money factor [drtravel] by Car_man HOST
Nov 13, 2008 (5:38 pm)
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Replying to: drtravel (Nov 11, 2008 11:07 am)

Here you go, drtravel. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TSX with 15,000 miles per year are .00263 and 62%, 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 .00300 and 52%. I believe that this lease program is scheduled to run through January 5th.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#868 of 1551
Re: 2009 Acura TSX lease info [Car_man] by drtravel
Nov 13, 2008 (6:45 pm)
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Replying to: Car_man (Nov 13, 2008 4:46 am)

Hmm, a "special" lease of 0.00263 (or 6.31%) doesn't really seem all that great to me. Better than 0.00290 ( 6.96%) I guess but given the current economic situation was expecting better. Oh well, I guess money is tight for Honda Financial so I'll just wait until their continued TSX weak sales changes their mind.
 
Thanks for the info
#869 of 1551
Potential change in 2009 Acura TSX lease info [Car_man] by drtravel
Nov 17, 2008 (8:23 am)
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Replying to: Car_man (Nov 13, 2008 4:46 am)

There was a post in the TL forum stating that Acura just dropped their MF on the TL. Was wondering if you knew if Acura dropped their MF on the TSX as well.
#870 of 1551
Residual Percentages by bsquared81
Nov 18, 2008 (11:25 am)
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Brand new here, I appreciate all the info you all provide here.
 
Does Acura use the same residual percentages on TSX w/Technology Package as they do on TSX base? Like a few others on this forum, I am debating between EX-L Accord and TSX. I know Honda lowers residual percentages on higher level Accords. I am wondering if Acura does the same thing. If Acura 63 % across the board for 36 months, 12k, than is my math of $29.22 more per month correct at invoice pricing? Seems worth it...
$30224-invoice TSX/w Tech
$27381-invoice without
$2843 Price premium to get tech pack
X .37 (1-.63, essentially won't 63% of tech pack residualize?)
$1051.91 (amount actually paid for teck pack over 36 months?)
/ 36 months
$29.22 month plus tax?
#871 of 1551
Re: Residual Percentages [bsquared81] by drtravel
Nov 18, 2008 (12:00 pm)
Reply

Replying to: bsquared81 (Nov 18, 2008 11:25 am)

Does Acura use the same residual percentages on TSX w/Technology Package as they do on TSX base?
 
No
 
Here are the residuals for each 15K miles/year
 
Base:
24 months - 68%
36 months - 62%
48 months - 52%
 
Tech:
24 months - 65%
36 months - 59%
48 months - 49%
#872 of 1551
TSX w nav 09 lease question by oliviob
Nov 18, 2008 (12:38 pm)
Reply
Hi Car Man! Me again, no onto the TSX, think this is best val for money these days. A dealer emailed me this, I don't think these monthly lease payments are all that attractive, would love your input. Thanks!
 
   Vehicle Price: $32,820.00
   Preferred Customer Discount: -$2,500.00
   Selling Price: $30,320.00
  
   Sales Tax (estimate): + $2,508.25
   Tag/Registration Fees (estimate): + $242.00
   Tire/Battery/MVWEA: + $8.75
   Other: + $28.00
   Documentation Fee: + $55.00
   Flat Add/County Fee: + $30.00
   Balance Due (estimate): $33,192.00
  
Cash Due at
Signing 36 months
12,000 Miles
$841 $473
$875 $472
$1,100 $465
 
 Note : PAYMENTS INCLUDE TAX AND LICENSE PLUS A PRO PAC WHICH IS WHEEL LOCKS ,MUD GUARDS AND TRUNK TRAY
#873 of 1551
Re: TSX w nav 09 lease question [oliviob] by bvdj84
Nov 19, 2008 (7:39 am)
Reply

Replying to: oliviob (Nov 18, 2008 12:38 pm)

Payments look to be normal, but look at your sale price, I am not sure how low you can go, but the post above you have a number closer to invoice. I think your sale price could go lower. Honestly, I think $0 down could get you those payments.
Since, apparently, you can lease a base TSX for "around" $400
 
Preferred discount? What is that? No such thing, come on..lol. I think the info they provided is not too off, but I feel the sale price could be worked more, and lose all the down payment numbers until the end, dealers love to throw us customers off with down payments. Then once you get a "realistic" deal, then if you want to put some money down, then do it.
 
 The deal looks better WITHOUT ANY MONEY DOWN, as you can get a base model for the lower $400's. Since you said I think the navi is $2k more, which is $40-60 more a month, on top of a base lease. Be careful. Remember, don't make a move on just 1 quote, get multiple quotes via Acura.com from dealers.
 
See dealers love to confuse you, then you get so crazed that you just sign..lol
 
Car_man, could you please shed some light on this, as I am looking at this same dilemma, Accord or TSX.
#874 of 1551
Re: TSX w nav 09 lease question [bvdj84] by oliviob
Nov 19, 2008 (7:49 am)
Reply

Replying to: bvdj84 (Nov 19, 2008 7:39 am)

I thought those prices were less than favorable, so you've confirmed that! I know car man always tells us to first negotiate sale price, then payments. I have another dealer who just emailed $30,779 on a tsx w nav. I'm trying to get payments around 400/mo w little down. Possible here? Lease terms 36 mos, 12k mi/yr. Thanks for the input this far!

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