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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

Messages Page 2 of 245

#4 of 2443 Re: Re: Acura TSX: Lease Questions by Car_man HOST

Sep 15, 2005 (3:13 am)

Hi amx. Acura rarely provides any sort of specials on the TSX. The only one that I can remember over the past several months is a special financing program that it ran on it over the Labor Day weekend, but that's long gone now. If you were to lease this car through Honda Finance Corp. you would have to use its standard lease program. Its standard buy rate lease money factor and residual value for a 36 month, 12,000 miles per year lease of a 2005 TSX with navigation should currently be .00250 and 57%. It is difficult to say what the lease program for the 2006 version of this car will exactly be like, but its money factor will likely be the same and its residual values should be higher. All things being equal, specifically MSRPs and selling prices, a higher residual value would bake an '06 TSX less expensive to lease than an '05 model. Whether this actually ends up being the case depends upon how much dealers are willing to discount '06s when they hit lots.
 
Car_man
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#5 of 2443 2005 Lease by looking2lease

Sep 21, 2005 (6:45 pm)

15k/Yr
3 Yr Lease
Lease Fees only
 
Upstate NY
 
What do u think I should base the lease off? What is the correct Cap Cost I should aim for?...thanx

#6 of 2443 Re: 2005 Lease by Car_man HOST

Sep 25, 2005 (6:52 am)

Hi looking2lease. I am not personally all that familiar with what the market is like for the Acura TSX right now. Since the selling prices of leased vehicles can be negotiated, just as if you were paying cash for or financing them you should be able to get a good idea of what sort of capitalized cost to aim for by visiting the following discussion: "Acura TSX: Prices Paid & Buying Experience". As far as this car's lease program goes, if you were to lease a 2005 Acura TSX without navigation through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00250 and 57%, respectively. Let me know if you have any other questions.
 
Car_man
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#7 of 2443 2005 Lease by suvgal

Oct 06, 2005 (4:42 am)

Car_Man,
My friend plans to lease an 05 Acura TSX (w/o Navigation System). Given my leasing experience with the Highlander, I was hoping maybe you could provide her with advice as to whether this is a good deal. The MSRP is $27,190. The dealership wants $380/mo for 36 months for 15K/year. She also would have to pay $2400 down to include closing costs. Does this sound like a fair deal to you? If not, approximately how much should she be looking to spend.
Thank you so much.

#8 of 2443 Re: 2005 Lease by Car_man HOST

Oct 06, 2005 (5:02 am)

Hi suvgal. Your friend needs to find out what the selling price of this car is. This is an important number for consumers to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if one was paying cash for them. Without knowing the price of the car that one wants to lease one doesn't know how good a price they are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that your friend is interested in for you if you let me know what its selling price is.
 
If your friend does not know what a good price for this car is, they should be able to get a good idea of how much they should pay by visiting the following discussion: "Acura TSX: Prices Paid & Buying Experience".
 
Car_man
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Smart Shopper / Prices Paid Forums

#9 of 2443 Re: 2005 Lease [Car_man] by suvgal

Oct 06, 2005 (7:45 am)

Replying to: Car_man (Oct 06, 2005 5:02 am)
Thank you for the quick reply. She said the selling price was $26,950. I know I provided location when you helped me with my car. This would be in NJ.

#10 of 2443 2006 TSX rates by nvnick

Oct 07, 2005 (10:10 pm)

Car_man, do you have money factor & residuals info for 36 mo lease, either 12k or 15k miles/yr? 2006 Non-navi

#11 of 2443 2005 Lease updated price by suvgal

Oct 10, 2005 (7:44 am)

Car_man,
I was hoping you could provide me with the sample lease payment on $26,400 instead. My friend found another dealership but wants to buy this week.

#12 of 2443 Re: Re: 2005 Lease by Car_man HOST

Oct 16, 2005 (6:17 am)

You're very welcome suvgal. Let's calculate a lease payment on this car and see what we come up with. According to my calculations, if your friend was to lease a 2005 Acura TSX (w/o Navigation System) with an MSRP of $27,190 and a selling price of $26,400 through Honda Finance right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $408. With this deal, at lease signing your friend would have to pay her car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, Honda Finance's $595 acquisition fee, and any required state taxes or fees.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#13 of 2443 Re: 2006 TSX rates by Car_man HOST

Oct 16, 2005 (6:25 am)

Unfortunately, I have not seen this car's residual values yet, nvnick. I can tell you though that Acura is not currently providing any sort of lease support on it. As a result, if you were to lease one through Honda Finance right now, you would have to use its standard lease program. Its current buy rate standard money factor for 36 month leases is .00250 for consumers who qualify for its top credit tier and pay a security deposit. The money factor is much more important to know than the residual value anyhow because banks do not have the authority to alter banks' residuals.
 
Car_man
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Smart Shopper / Prices Paid Forums

Messages Page 2 of 245

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