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Prices Paid: Buying & Leasing Experiences 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
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Replying to: drtravel (Dec 09, 2008 5:23 pm) Acura TSX base $355 a month 36 months 10k a year $0 down First payment due. I really want this car, unfortunately I am stuck in an 08 GM car. Perhaps spring I will be in a better position. |
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Hey guys, My 07 TL lease is up in mid-January. Got a call from the guy who leased me my TL to talk about my options for a new car. I want to lower my payment to below 350 a month for 36 months, 10k miles a yr (i'm in NYC area). So I was ready to start looking at cheaper cars (Hondas, Toyota's, etc). But he said "we can work something out for the TSX". 1) Whats the best deal I can get in NY on 09 TSX w NAV, 36mnths, 10k miles 2) He also said that the residual factor will decline by 3% if I wait till January, is this true or total BS? thanks, love this forum.
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Just closed a deal on 2009 TSX, base model, 10K miles/year lease for $365/month with tax, title and license and first payment due at delivery, total around $1400. I spoke with 4 dealerships and everyone is willing to sell at invoice or little above invoice as they are flooded with vehicles and wants to get rid of their inventory. Good time to purchase a new car....
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Replying to: viperz4 (Dec 15, 2008 4:56 pm) |
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Replying to: mcginsu (Dec 03, 2008 9:47 am) If I was in the market for an '08 TSX, I personally wouldn't may any more than dealer invoice minus the available dealer cash. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: toyoman8 (Dec 04, 2008 2:34 pm) I worked up a zero down lease for you because it is in your best interest not to make any sort of capitalized cost reduction when leasing. Consumers who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. If you really want to make a $3,000 cap cost reduction on this lease, it would drop the car's monthly payment to around $267. I used Excel and the formula that is described in the following article to calculate these payments: Calculate Your Own Lease Payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: drtravel (Dec 09, 2008 5:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: acuralease (Dec 15, 2008 3:31 pm) Let's crunch some numbers and see what a good lease payment would be like on the car that you're interested in. For now I will assume a selling price of $500 over dealer invoice. According to my calculations, if you were to lease a 2009 Acura TSX Tech AT that has an MSRP of $32,820 and a selling price of $30,741 through Honda Finance right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $424 assuming that you qualify for its top credit tier. I don't see how the dealer is going to be able to get you into this car for less than $350 per month, especially once tax is added in. Perhaps they'll try to steer you towards a base TSX or ask you for a large down payment...which is never a good idea. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: viperz4 (Dec 15, 2008 4:56 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car_man, I posted this in the "prices paid" thread, but maybe it's better suited here. I would love your input. I have been quoted the following on a 2009 TSX without the tech package. 36 Months, 15K miles per year. $385 a month $595 Bank Fee + $385 (first pmt) + DMV Fees (under 200) would be due at signing. The $385 figure is based on a negotiated sale price of $26950, which I believe is $450 below invoice. I really wanted to try and get the payment down to $379, but this means they need to drop another $200 off the price of the vehicle. I also want them to throw in splash guards, wheel locks, the trunk tray and 2 yrs of oil changes as they did on my previous lease. Right now, all they are offering is the $385 a month, with none of the extras. I've had another dealership quote me at $419 per month over the phone. Am I crazy to be seeking a better price on this car? Is $450 under invoice considered a "steal". I don't know what to do. What about the bank fee? Is it normal to pay this up front?
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