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Acura TSX Lease Questions

1541 messages,  Last post on Nov 08, 2009 at 9:41 AM

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What is this discussion about? Acura TSX, Car Leasing, Sedan

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#969 of 1541 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 1541 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 1541 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 1541 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 1541 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 1541 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)
#975 of 1541 Re: Feb Numbers [dolsey01] by Car_man HOST Feb 05, 2009 (3:22 am)
Replying to: dolsey01 (Feb 04, 2009 8:03 am) Nope, Acura's February programs for the 2009 TSX are exactly the same as its January program was.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#976 of 1541 Re: Any changes for February [marlonsams] by Car_man HOST Feb 05, 2009 (3:41 am)
Replying to: marlonsams (Feb 04, 2009 10:56 am) Hi marlonsams. Acura's February programs for the 2009 TSX are exactly the same as they were last month.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: steelr5 (Feb 05, 2009 10:13 am) Car_man (Feb 19, 2009 3:03 am)
#977 of 1541 Re: One month early- Does It pay? [spedprof] by Car_man HOST Feb 05, 2009 (3:44 am)
Replying to: spedprof (Feb 04, 2009 11:42 am) You're absolutely right, Spedprof. There's no such thing as a free lunch. Unless Acura is running some sort of official early lease termination program, and I don't believe that it is, getting out of your current lease early will likely hamper your ability to get the best possible deal on your new car.   It is difficult to say what Acura's March lease program for this car will be like. I suspect that it will be fairly similar to its current one, but no one knows for certain what it will look like until it is officially unveiled.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#978 of 1541 Re: One month early- Does It pay? [spedprof] by bvdj84 Feb 05, 2009 (8:23 am)
Replying to: spedprof (Feb 04, 2009 11:42 am) I am sure your pay off and trade in are in pretty decent shape to move early on a new lease. That is literally next month, so we are talking only a few hundred,(car payment) away from lease turn in. You should be fine. In fact, it a better market, you could have traded about 2yrs in, give or take on that time frame. You would still be fine, but that is in a stronger market. But, you will be fine if you trade early now. We are talking only a few hundred difference. Your pay off is more likely to be under what your trade value is. So that is good! Given perfect condition.   But, do not expect equity or a lot of it. They usually give lower what KBB says or what you think. But make sure they are fair.   The only issue now,   Pay off   Trade value   New car Sale price   Current lease rates   In order to start the process, go to your dealer and do a trade- in appraisal. Find out your pay off amount directly from online or call personally to Honda before going in.   Then you will see where you stand, but with you being literally 1 month away, I don't see you having any complications if you decided to move forward now.   You can trade anytime during the lease, but your pay off versus your trade in value is what kills most deals if attempting to get out early, but I really don't consider you moving out as early, 1 month! Some will have a lease for only a short time, and then trade, well now they are paying double what they should be paying on the car, it keeps piling up, and that is not smart, especially on a depreciating item. Its not an investment.    In fact, you should be looking to get out now, waiting until the last minute only makes the deal more rushed and almost backs you into the dealers hands, then your deal might reflect this. The Honda website actually advise customers to look much earlier. Not trade, but start the process of lease turn in, seeking new information on new leases. Turning it in and walking away, buying the car out, or trading the car. Take a look on the Honda website.   Good Luck, go ahead seek all your options. You do have some time, but consider all the above too. You'll do fine! Go about it slowly.

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