Acura TSX Lease Questions

2443 messages,  Last post on May 31, 2013 at 6:22 PM

You are in the Acura TSX Forum.

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

#2375 of 2443 Followup by gg014

Nov 03, 2012 (3:30 pm)

Forgot to mention, this is for a 3 year 36,000 mi lease.

#2376 of 2443 Re: November lease rates [movol] by Car_man HOST

Nov 04, 2012 (8:13 am)

Replying to: movol (Nov 01, 2012 2:23 pm)
Hi movol. The November program is out. Acura's November buy rate lease money factor for a 36-month lease of a 2013 TSX is .00082 for consumers who qualify for its top credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2377 of 2443 Re: Good deal? [gg014] by Car_man HOST

Nov 04, 2012 (8:24 am)

Replying to: gg014 (Nov 03, 2012 3:14 pm)
Hi gg014. the money factor and acquisition fee that you were given look good. They're right in line with Acura's base rates for this model.
 
Let's take a look at the selling price that you are being given. The dealer invoice price of a 2012 TSX 4-cylinder with the Tech Package is $32,020. This drops to right around $31,000 once we subtract the $1,000 available dealer cash from that. That's the exact selling price that you were quoted, so you are getting a good deal. Of course, you're really at around $400 over invoice after taking the doc fee into account, but that's still pretty good.
 
I'm not surprised about all the fees. Acura charges the acquisition fee on every vehicle that it leases. The doc fee is fluff, but in the big picture you're still getting this car for a good price. Most of the other fees and taxes are government mandated.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2378 of 2443 Re: Good deal? [Car_man] by gg014

Nov 04, 2012 (8:32 am)

Replying to: Car_man (Nov 04, 2012 8:24 am)
Thanks a lot car_man!
 
Is it typical for lessees to roll the acquisition, doc and tag fees into the capitalized amount? Washington DC charges a monthly 10% sales tax on the lease payments, so it seems like it makes better sense to pay these in cash rather than rolling them into the cost and essentially paying taxes on these fees. I think DC also charges sales tax on any cap cost reduction made, so I'm trying to figure out the optimal amount to put down, I was thinking between 1500-2000. Any suggestions?
 
I'll try to see if I can talk them out of the doc fee, we'll see how it goes! Thanks again!

#2379 of 2443 Re: November lease rates [Car_man] by movol

Nov 04, 2012 (3:31 pm)

Replying to: Car_man (Nov 04, 2012 8:13 am)
Thanks Car man. Do you know the mf and residuals on both the 2012 and 2013 TSX? Looking at 10k and 15k miles. Also you mentioned to another post that there was a $1000 cash incentive? Any opinion on the better deal 2012 or 2013? Thanks for your help.

#2380 of 2443 TSX Dealer Cash by movol

Nov 05, 2012 (9:41 am)

Does anyone know if the 1,000 dealer cash that is available on the 2012 TSX is available on the 2013? I cant find mention of it anywhere on the web.

#2381 of 2443 Re: Good deal? [gg014] by SergeyM

Nov 05, 2012 (9:59 pm)

Replying to: gg014 (Nov 04, 2012 8:32 am)
0 is the optimal amount to put down. $400 per month is all you should pay for this car and at this moment in time. Once again 36 payments of $400 each. Just think about a car lease a if it is an appartment rent. Would you put any money down to reduce your monthly rent?

#2382 of 2443 Re: Good deal? [gg014] by Car_man HOST

Nov 08, 2012 (4:11 pm)

Replying to: gg014 (Nov 04, 2012 8:32 am)
Absolutely gg014. Consumers roll those fees into their payments all the time. I see your point about not waiting to pay taxes on the fees.
 
You definitely should go with zero capitalized cost reduction on a lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2383 of 2443 Re: November lease rates [movol] by Car_man HOST

Nov 08, 2012 (4:51 pm)

Replying to: movol (Nov 04, 2012 3:31 pm)
Here you go movol. Acura's November buy rate lease money factor and residual value for a 36-month lease of a base 2013 TSX with 15,000 miles per year are .00082 and 58% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a 2012 model are .00011 and 52%.
 
If you were to lease with only 12,000 miles per year, the residual values would be 2% higher. The 10k residual would be 3% higher.
 
There is a $1,000 cash incentive on the 2012 model, but nothing on the 2013 model.
 
You should be able to get a lower payment on a '12 than on a '13 at this point.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2384 of 2443 Re: TSX Dealer Cash [movol] by Car_man HOST

Nov 08, 2012 (4:52 pm)

Replying to: movol (Nov 05, 2012 9:41 am)
Hi movol. The dealer cash is only available on the 2012 model, not the 2013.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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