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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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#947 of 1551
Acura lease by dae928
Jan 17, 2009 (10:08 pm)
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Hi Carman,
 
In the summer we leased a brand new TSX right when the car was released. The finance manager explained that Acura allows for customers to trade in a lease early for a new one. I am wondering if this is infact true, or if this was a tactic to influence a lease rather than a purchase. If the Acura lease program does infact allows this, do you know what or if there are any penalties associated with this decision.
 
Thanks,
#948 of 1551
Re: Acura lease [dae928] by bvdj84
Jan 19, 2009 (7:42 am)
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Replying to: dae928 (Jan 17, 2009 10:08 pm)

They have told me the same thing. BUT, they will still look at your trade in versus your pay off amount. It is true, you can trade any time, trade early. As long as your values are nearly or close to equal. Meaning you have no negative equity to be rolled into the new deal. Since getting you into a new lease, would get them more money, a new deal. They will try to do everything to do this. Then they take your trade in and sell it making some more money. Though with the economy, they can only mark it up so high even if it is a Honda product. They really do want your business, they'll even trade with you with negative equity. Some customers don't care if their payments go up as long as they are getting a new car.
 
I am not sure their is such a program through Acura. I know GM has this, but they are no longer leasing or at least leasing all that well right now. But, you have to qualify, by having been in the old lease a certain amount of time, etc.
 
I trade early most of the time, I haven't had any problems. I sometimes try and its too soon, and then sometimes, I am literally equal, I can walk away and get a new one.
 
They want your business. But, with you being so new into your TSX, I am not sure you will be able to get out until perhaps late summer or fall, I truly believe you might be equal or closer then, Honda values do that well, though the economy might kill that. I had this happen on my Accord.
 
 thing to remember, mileage does kill a lot of value on your trade.
 
I would love to lease a new TSX!
#949 of 1551
RE: Jan Lease Rates [Car_man] by vin2ride
Jan 20, 2009 (11:36 am)
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Replying to: Car_man (Jan 13, 2009 3:58 am)

Yeah, working on getting a quote right now from northern california dealers right now. Got decent prices $200 above/below $27K. Got a decent lease offer at 36 mo. 10k mi./yr base model lease at $335/mo. + tax. with $1500 out of pocket.
 
Asked for a 12k/yr and 39 mo. term and they came back with a ridiculous $373. They do try to mark up the money factors. My Pilot lease is ending in a few months and am willing to take the plunge into a new tsx if the deal is right.
#950 of 1551
RE: Jan Lease Rates [vin2ride] by jags86
Jan 20, 2009 (8:40 pm)
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Replying to: vin2ride (Jan 20, 2009 11:36 am)

I was able to lease a tsx tech 6sp 39 month/12k this january for 1500 drive off (595 acq, 299 security deposit, 1st month payment, and 220 fees) for 363 + tax. The car wasn't even on the lot, they ordered it. you should be able to do significantly better on a non tech considering the residuals are higher on the base cars.
#951 of 1551
Re: Jan Lease Rates [Car_man] by dolsey01
Jan 21, 2009 (2:33 pm)
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Replying to: Car_man (Jan 13, 2009 3:38 am)

Car_man,
 
Is it 61% or 63% for 36 month '09 TSK Base with 12K?
 
This post says 63% and your previous post says 61%.
 
Thanks!
#952 of 1551
RE: Jan Lease Rates [jags86] by bvdj84
Jan 22, 2009 (8:30 am)
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Replying to: jags86 (Jan 20, 2009 8:40 pm)

Wow that is a great deal! I am considering this car instead of the Accord. I personally love the paddleshifters option. Its a very hot looking car!
#953 of 1551
RE: Jan Lease Rates [bvdj84] by jags86
Jan 22, 2009 (10:04 am)
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Replying to: bvdj84 (Jan 22, 2009 8:30 am)

The Accord V6 may post better 0-60 times, but it doesn't feel very fast with that 4speed slushbox. The TSX with the 6 speed, imo, is a better value. It looks better, has a nicer interior, has more gadgets, gets better mileage, and is plenty quick for the average person. The step up to a comparably equiped 328i or G37 is nearly 10,000. You want a nice car at 30 grand, get the TSX.
 
I find everyone who complains that the new TSX not being "sporty" enough is just ranting for rantings sake. You can always find a car that does a particular thing better at a certain price. Try getting a 3 series--with 0 options mind you--leased for 1500 drive off, 380 a month, let alone one with some "basic" options like leather, power seats, or 6 cd changer...
#954 of 1551
RE: Jan Lease Rates [jags86] by bvdj84
Jan 22, 2009 (2:05 pm)
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Replying to: jags86 (Jan 22, 2009 10:04 am)

Exactly, People who drive their new Honda's and TSX's be proud! Because, I want out of my 08 GM car. It was a long story of why I was put in the car, but I did a very good gesture for someone and had to choose a GM car so they could lease a new car. I had to give up my 06 accord lease to do it. I never ever wanted a GM car, I really didn't know to much about them, I had to choose a G6, 4cyl, came with leather and roof, I have grown to like it. But, I so miss my Accord! I would love to have a Honda product. My good Gesture...lol was an 08 Jetta which went to another person. So, I leased 2 cars.
 
I am looking to get out perhaps this Spring or Summer. You guys think I will be able to without damage..lol. Pay off and trade in values could be better then? I know that if I stuck with the same dealer, got a VW then I could do better. They sell GM, so they might want my car.
 
So anyway, Be happy and proud you are driving one of the best cars out there. A BMW certainly cannot beat its bang for the buck! It bugs me a bit to hear complain about it, be glad your not supporting GM and their executive jet they now have back. They'll never change. This is coming from someone who favors Honda. So no offense to GM lovers.
#955 of 1551
RE: Jan Lease Rates [jags86] by gforce11
Jan 22, 2009 (2:45 pm)
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Replying to: jags86 (Jan 22, 2009 10:04 am)

You are correct (to an extent) that the TSX is a very good overall package at a reasonable price. However, I do agree with those who don't find this car "sporty" enough. I do currently have a TSX and a G37 and they are night and day. A base G37 has the basic luxuries needed to keep most people happy (leather, one touch windows, xenons, climate control, mp3 jack, etc...) The TSX does have more bells and whistles, but for those seeking the "sport" in sports sedan, nothing replaces whats under the hood. I'll give up my moonroof any day in order to have 330 ponies under my hood.
#956 of 1551
RE: Jan Lease Rates [gforce11] by jags86
Jan 22, 2009 (8:30 pm)
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Replying to: gforce11 (Jan 22, 2009 2:45 pm)

I agree there are sportier cars--certainly the new TSX isn't a sports car--but even a stripper g37 6mt and 0 options is 5 grand more than the base TSX and the g37 comparably equipped vs. a TSX Tech its 7 grand more. To me, the occasional fun getting onto the highway isn't really worth $7000--I expect most people writing on car forums would disagree with me, though

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