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Acura TSX Lease Questions

1554 messages,  Last post on Dec 01, 2009 at 6:31 PM

You are in the Acura TSX Forum. Your Hosts are pat & karens

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


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#1492 of 1554
Re: Lease Factors [claweave] by Car_man HOST
Aug 17, 2009 (2:47 am)
Reply

Replying to: claweave (Aug 16, 2009 7:35 am)

Hello claweave. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Acura TSX with Tech and 15,000 miles per year are .00243 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
The numbers for an otherwise identical lease of an '09 TSX Tech are .00275 and 54%.
 
When negotiating your lease on the 2009 TSX Tech, make sure to take advantage of the $1,250 dealer cash that is currently available on it. Acura is not providing any dealer cash on the 2010 model at this time.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1493 of 1554
Re: Lease Factors [Car_man] by claweave
Aug 17, 2009 (4:15 pm)
Reply

Replying to: Car_man (Aug 17, 2009 2:47 am)

This is probably a stupid question, but the 2009 TSX w/ Tech money factor is higher than the 2010?
#1494 of 1554
Re: Lease Factors [Car_man] by traveller809
Aug 24, 2009 (2:56 pm)
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Replying to: Car_man (Aug 17, 2009 2:47 am)

Do you have the current money factor and residual value for a 36-month lease of a 2010 Acura TSX with Tech and 12,000 miles per year (super preferred)? I want to see the difference from the 15,000 miles you've provided before. Thanks much.
#1495 of 1554
Re: Lease Factors [traveller809] by kingpcgeek
Aug 24, 2009 (3:20 pm)
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Replying to: traveller809 (Aug 24, 2009 2:56 pm)

add 2% to the residual
#1496 of 1554
4dr Sedan w/Technology Package (2.4L 4cyl 5A) - Please review pricing by traveller809
Aug 25, 2009 (2:02 pm)
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Hello - Did my time in the dealer chair today and still don't feel like I'm as low as I should be. Any thoughts would be appreciated. Also concerning, I put dealer numbers into the Edmunds lease calculator and the monthly is way off...why???
 
Here's the final offer:
4dr Sedan w/Technology Package (2.4L 4cyl 5A)
10,000 Miles
 
MSRP: 33,220
Selling Price: $31,012
Cap Taxes: 1,121.22??? (what is this?)
Doc Fee: $189
Acquisition Fee: $595
Residual 61% = $20,264.20
Money Factor = .000243
 
Total Down payment: $1550.53
Monthly Payment = $457.03
 
When I put these same numbers into the edmunds calculator I get $426.36 per month. Any thoughts as to why?
 
All help is greatly appreciated. Thanks
#1497 of 1554
Re: 4dr Sedan w/Technology Package (2.4L 4cyl 5A) - Please review pricing [traveller809] by kingpcgeek
Aug 25, 2009 (3:21 pm)
Reply

Replying to: traveller809 (Aug 25, 2009 2:02 pm)

Cap Taxes: 1,121.22??? (what is this?)
 
What state are you in? NY, IL & TX have special (unfavorable) tax rules on leases.
#1498 of 1554
Re: 4dr Sedan w/Technology Package (2.4L 4cyl 5A) - Please review pricing [kingpcgeek] by kyfdx HOST
Aug 25, 2009 (3:24 pm)
Reply

Replying to: kingpcgeek (Aug 25, 2009 3:21 pm)

I'm thinking that "cap taxes" are taxes paid upfront that are capitalized into the monthly payments...
 
Many states collect the sales tax upfront.... even some with relatively benign sales tax rates...
#1499 of 1554
Re: 4dr Sedan w/Technology Package (2.4L 4cyl 5A) - Please review pricing [kingpcgeek] by traveller809
Aug 27, 2009 (6:05 pm)
Reply

Replying to: kingpcgeek (Aug 25, 2009 3:21 pm)

Thanks...I'm in NJ so that must be the "special" tax.
#1500 of 1554
Re: 4dr Sedan w/Technology Package (2.4L 4cyl 5A) - Please review pricing [traveller809] by kyfdx HOST
Aug 28, 2009 (3:00 am)
Reply

Replying to: traveller809 (Aug 27, 2009 6:05 pm)

New Jersey taxes upfront... So, most lessees in NJ roll the taxes into the CAP cost, which puts them in the monthly payment.. Pretty normal.
 
Taxes on leases aren't all that high in NJ, compared to anywhere else.. It's just the method that is a little different (though, you can find it in probably a dozen other states).
 
regards,
kyfdx
#1501 of 1554
TSX base lease by amandasf
Aug 31, 2009 (9:59 am)
Reply

Replying to: kyfdx (Aug 28, 2009 3:00 am)

Over the weekend I leased a 2010 TSX base for:
$0 down (walked away with no money out of pocket for anything)
$385 per month which includes tax (I added the "dent protection" for another $12 per month)
10k per year for 3 years (64% residual)
 
I feel like I did pretty well....thoughts?

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