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Acura TSX Lease Questions

1541 messages,  Last post on Nov 08, 2009 at 9:41 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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#908 of 1541 Re: 2009 TSX lease [viperz4] by bvdj84 Dec 16, 2008 (7:19 am)
Replying to: viperz4 (Dec 15, 2008 4:56 pm) Viperz4, I think you did okay, but you could lose the money down, because that is what a dealer offered me. Just first payment due, same terms.$355mth.
#909 of 1541 Fed decision to cut rates and money factor by acuralease Dec 17, 2008 (10:56 am)
Hey Car_Man,   Will yesterdays decision to drop the fed funds rate reflect in lower money factors for the industry in general and 09' TSX with NAV specifically =)? Replies to this message: Car_man (Jan 03, 2009 3:42 pm) drtravel (Jan 04, 2009 7:05 am)
#910 of 1541 Re: December money numbers [Car_man] by kball2 Dec 30, 2008 (2:40 pm)
Replying to: Car_man (Dec 16, 2008 4:17 am) Car Man,   Can you provide the details behind the zero down $358 per month payment that you mention. I have a spreadsheet build and I am very experienced at leasing, but I can not make the numbers work. What money factor, residual %, etc are you using?   I am considering buying. Do you think the 2.9% financing will go away in January? Replies to this message: Car_man (Jan 03, 2009 3:55 pm)
#911 of 1541 Re: Is this a good deal? [darknightx13] by Car_man HOST Jan 03, 2009 (3:30 pm)
Replying to: darknightx13 (Dec 16, 2008 6:25 am) Hi darknightx13. I just saw your movie last night. A little long, but not bad. $450 below dealer invoice is an excellent selling price for a 2009 Acura TSX. I suppose that anything is possible, given the dismal state of the auto industry right now, but I personally doubt that you will be able to do much better than this price.   Honda Finance charges a $595 acquisition fee on every vehicle that it leases. Lessees can either pay this fee at lease signing or have it added into their vehicle's capitalized cost to bake it into their monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#912 of 1541 Re: '09 TSX with NAV lease [acuralease] by Car_man HOST Jan 03, 2009 (3:35 pm)
Replying to: acuralease (Dec 16, 2008 6:41 am) Hi acuralease. The amount that going with a demo will reduce your monthly payment by depends upon how much of an additional discount the dealer is willing to provide you on it. My personal problem with demo vehicles is that I find that dealers are never willing to provide enough of an additional discount on them for me to justify purchasing what essentially is a low mileage used vehicle over a brand new one that no one else has driven all over the place.   I do not believe that Acura is currently providing any cash incentives for loyal customers on the TSX.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#913 of 1541 Re: Fed decision to cut rates and money factor [acuralease] by Car_man HOST Jan 03, 2009 (3:42 pm)
Replying to: acuralease (Dec 17, 2008 10:56 am) Hi acuralease. The Federal Funds Rate has no direct impact upon the interest rates that banks charge on auto loans and leases. While it is possible that Honda Finance's costs of funds might eventually drop and it might decide to pass this savings through to consumers, there is certainly no guarantee that this will happen.   Having said this, I would not be surprised if Honda Finance lowered its special lease money factor on the TSX when it introduced its new January lease program for it on the 6th. If it does cut its money factors though it will probably be just by enough to offset any natural drop in residual values that this car experiences at the beginning of a new year.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: drtravel (Jan 04, 2009 7:05 am)
#914 of 1541 Re: December money numbers [kball2] by Car_man HOST Jan 03, 2009 (3:55 pm)
Replying to: kball2 (Dec 30, 2008 2:40 pm) Hi kball2. According to the latest information that I have seen, Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TSX with 12,000 miles per year are .00263 and 64%, respectively for consumers who qualify for its "Super Preferred" credit tier. Keep in mind though that this lease program is only good through January 5th.   It is difficult to say whether Acura will extend its special financing rates into January at this point. Feel free to check back with me later this week and I will be happy to fill you in on the details of the new program.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#915 of 1541 Re: Fed decision to cut rates and money factor [Car_man] by drtravel Jan 04, 2009 (7:05 am)
Replying to: Car_man (Jan 03, 2009 3:42 pm) Honda Financial is notorious for not have great money factors. They are conservative in their finances which turned out to be a good thing lately! I just leased a base TSX a few days ago and the residual is pretty sweet. For 15K/36 months the residual is 62% - much higher than most every other make out there. Looks even better given the great deals to be had.   For example a $29,720 MSRP has residual of $18,426.40. Based on my negotiated price of $26,777 - my actual depreciation hit is 18426.40/26777 = 68.9%. So the car will only depreciate 31% over the next three years. Not sure any other car can match that.
#916 of 1541 So Cal Acura Lease by jmcbmw Jan 04, 2009 (7:52 am)
Just got a sweet deal below invoice on a 2009 TSX-Tech at Keyes Acura on Van Nuys Blvd from their Internet Manager. Promised I wouldn't post the exact price online. Worked out to $800 drive off (1st pay + DMV) and $455/month w/ 15K miles. No hassle, big selection, all very nice and professional and I was out of there in about 2 hours including a nice overview of the car and it's numerous features. Today's the last day of the current lease promotion so similar deals to be had I'm sure. Replies to this message: Car_man (Jan 04, 2009 8:03 am)
#917 of 1541 Re: So Cal Acura Lease [jmcbmw] by Car_man HOST Jan 04, 2009 (8:03 am)
Replying to: jmcbmw (Jan 04, 2009 7:52 am) Congratulations on getting your new TSX, jmcbmw. Thanks for taking the time to share the details of your lease with everyone. It sounds like you really liked doing business with this dealer. If you'd like, you can share all of the details of your experience there by visiting the Dealer Ratings & Reviews section of Edmunds.com. Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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