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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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#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)
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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!
#875 of 1551
Re: TSX w nav 09 lease question [oliviob] by bvdj84
Nov 19, 2008 (8:34 am)
Reply

Replying to: oliviob (Nov 19, 2008 7:49 am)

No problem, I think I will wait until Car_man gives us more info, but the TSX with tech package is exactly what I want! I really am drawn to the paddleshifters, plus, it looks amazing! It reminds me of a Jetta, Accord, all rolled into one, I love driving my mothers 08 Jetta, it is so much fun!
 
Unfortunately, I am stuck in a GM car lease now, I am hoping to have the lease transferred. Maybe, I will drive the car until Spring, then get the TSX. Heck its almost December, before you know it, it'll be after New years, Maybe they'll be better deals on the TSX. I wouldn't want to get my new TSX in crappy snow anyway..lol.
#876 of 1551
Re: 2009 Acura TSX lease info [drtravel] by Car_man HOST
Nov 24, 2008 (3:06 am)
Reply

Replying to: drtravel (Nov 13, 2008 6:45 pm)

You're right, drtravel. While better than the new standard rate of .00300, a money factor of .00263 is not very "special."
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#877 of 1551
Re: Potential change in 2009 Acura TSX lease info [drtravel] by Car_man HOST
Nov 24, 2008 (3:07 am)
Reply

Replying to: drtravel (Nov 17, 2008 8:23 am)

Nope, drtravel, to the best of my knowledge Honda Finance's money factor for the 2009 TSX has not been enhanced.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#878 of 1551
Re: TSX w nav 09 lease question [oliviob] by Car_man HOST
Nov 24, 2008 (3:13 am)
Reply

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

Hey oliviob. This is the worst that I have ever seen things in the auto industry. If you shop around with a few dealers, I suspect that you will be able to find one that is willing to lease you the 2009 TSX that you are interested in at dealer invoice.
 
Having said this, I just checked and the selling price that you were quoted is indeed right around invoice. The invoice price for an '09 TSX with an automatic transmission and the Technology package is $30,242. You might be able to squeeze another $100 or so out of the deal, but this is close to as good as it gets on this model right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#879 of 1551
Re: TSX w nav 09 lease question [Car_man] by oliviob
Nov 24, 2008 (6:51 am)
Reply

Replying to: Car_man (Nov 24, 2008 3:13 am)

Thanks Car Man! While I did not end up leasing a TSX, i did shop around quite a bit and wanted let other forum members know about what I found. For a TSX BASE model, best lease deal in so California was 1000 total drive offs, 378/mo tax incl for a 36/12 lease. Do your internet shopping, these guys will deal. Didn't find those prices for nav model, nor did I try as hard. Thanks for all the help regardless! These forums are invaluable!

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