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Acura TSX Lease Questions

1554 messages,  Last post on Dec 01, 2009 at 6:31 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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#965 of 1554 Re: Jan Lease Rates [dolsey01] by Car_man HOST Jan 28, 2009 (4:22 am)
Replying to: dolsey01 (Jan 21, 2009 2:33 pm) Hmmmmm, sorry for the confusion dolsey01. Honda Finance's current residual value for a 39 month lease of a base 2009 Acura TSX with 12,000 miles per year is 63%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#966 of 1554 Re: Acura lease by bvdj84 Jan 28, 2009 (6:40 am)
Replying to: Car_man (Jan 28, 2009 4:19 am) In my experience when trading leased cars, I have never had to purchase my "leased" cars from the bank. I just trade them in.   They looked at my pay off amount, then looked at my trade in value, and the difference would be what I would have to absorb. Fortunately I have had Honda's so the value kept quite well. I was never told to go purchase my leased car. That actually might put you out more money then if you just traded it. There by incurring interest and fees. Not to mention the more time spent doing all of this. I know that this would cause some conflicts with me. I certainly don't have that time. I do understand this would be another option, but feel this one would be more expensive on top of an already potentially expensive move on trading.   I usually wait about 2yrs into the lease, and it seems to be a good time with values to do a trade. It really is all about timing, this is coming from experience I have had with my leases. I current lease a car, I have had it 1yr this spring. Plan to trade mid summer or Spring, or atleast see where I stand. Of course, if it is too expensive to do it, then I will wait.   Don't mean to override anyone's advice, because it is certainly true. This is just my take and experience. Replies to this message: gforce11 (Jan 28, 2009 8:51 am) Car_man (Feb 04, 2009 3:10 am) bvdj84 (Feb 04, 2009 7:48 am)
#967 of 1554 Re: Acura lease [bvdj84] by gforce11 Jan 28, 2009 (8:51 am)
Replying to: bvdj84 (Jan 28, 2009 6:40 am) I concur, I would also like to add that if you keep your car in excellent condition and have put far less miles than you are contracted on your lease, then there is a chance you will even get some equity out of your lease. I have traded in my leased vehicles twice with no more than $1000 in negative equity (one was over mileage and the other had been in an accident). You can easily offset that by leasing another car that is currently offering cash rebates or just negotiate a low sale price. For those who are under your allowed mileage, you may want to consider taking the car in for a trade-in appraisal, you just might get some money out of your ride.   G Replies to this message: Car_man (Feb 04, 2009 3:10 am) bvdj84 (Feb 04, 2009 7:48 am)
#968 of 1554 graduate program by dtorz21 Jan 28, 2009 (3:19 pm)
what are the benefits of the acura graduate program? i know when i leased my nissan it was a $500 rebate but i can not find any information on the acura version other than the requirements to qualify....   does it offer cash back, lower rate, something else? Replies to this message: Car_man (Feb 04, 2009 3:18 am)
#969 of 1554 Re: Acura lease [gforce11] by Car_man HOST Feb 04, 2009 (3:10 am)
Replying to: gforce11 (Jan 28, 2009 8:51 am) Thanks for sharing your thoughts on trading in lease vehicles guys. The values of used vehicles have absolutely imploded over the past year. I personally would be shocked if anyone was able to get out of a lease significantly before its expiration date and actually make a profit at this point, but your mileage may vary.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: bvdj84 (Feb 04, 2009 7:48 am)
#970 of 1554 Re: graduate program [dtorz21] by Car_man HOST Feb 04, 2009 (3:18 am)
Replying to: dtorz21 (Jan 28, 2009 3:19 pm) Hi dtorz21. I don't believe that Acura is currently offering any cash incentives to recent college graduates on its products, but you should check with a dealer to make sure that this is indeed the case. Its graduate program likely just consists of extending Honda Finance's best lease and finance rates to recent graduates who do not have much of a credit history. Please let us know if you find out anything different.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#971 of 1554 Re: Acura lease [Car_man] by bvdj84 Feb 04, 2009 (7:48 am)
Replying to: Car_man (Feb 04, 2009 3:10 am) I traded my car back when the market was in a better state. Doing so now, well, that would be a tricky situation. Even your higher valued cars are going to not score as well for a trade. I plan to keep my current lease about 1-2yrs in. Then, I will see where I stand. I would never make a move that would put me a worse state, that would not be smart, and definitely not worth it. Even to get a new TSX. Well, maybe..lol
#972 of 1554 Feb Numbers by dolsey01 Feb 04, 2009 (8:03 am)
Car_man, has anything changed for Feb? Replies to this message: Car_man (Feb 05, 2009 3:22 am)
#973 of 1554 Any changes for February by marlonsams Feb 04, 2009 (10:56 am)
Hey Car_man,   Do you know the numbers for FEb yet? Also, realistically, what the lowest I can go on tech TSX? Thanx Replies to this message: Car_man (Feb 05, 2009 3:41 am) steelr5 (Feb 05, 2009 10:13 am) Car_man (Feb 19, 2009 3:03 am)
#974 of 1554 One month early- Does It pay? by spedprof Feb 04, 2009 (11:42 am)
Folks,   My TSX lease is up March 31 and I'm likely to get a new one. Is there any advantage to turning the old one in early? I've heard that some dealers offer to "pay" your last month but my tendency is to not believe they will give me anything for free. Any forecast on what next month will bring in terms of offers?   Thanks.   Spedprof Replies to this message: Car_man (Feb 05, 2009 3:44 am) bvdj84 (Feb 05, 2009 8:23 am)

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