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Acura TSX Lease Questions

2437 messages,  Last post on May 22, 2013 at 9:47 AM

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

Messages Page 5 of 244

#41 of 2437 tsx by aural

Mar 06, 2006 (4:03 pm)

Help please. Can you please figure a TSX (no nav) lease: 3 year, 12,00 miles per year, cap cost incl delivery =$26,541, no security, no cap cost reduction, 6% Ct tax, highest tier credit. Please give MF and residual figures. Thanks

#42 of 2437 FAIR LEASE QUOTE?? by jpalermo82

Mar 07, 2006 (8:44 pm)

hey car_man,
 
i am located here in sunny south florida, and i got 2 cars on order that will both be here in about 2 weeks, and im trying to sort out the lease quote confusion.
one car is obviously a TSX non/nav, the other is an Audi A4. here is the breakdown of what i was quoted.
 
Acura:
lease term: 42 months, 15,000 miles
selling price: $27,250
out of pocket: $1450 (first month pmt & fees)
monthly pmt: $405
a-spec ground effects: $1400 or $34 more a month
monthly pmt: NOW $440
the salesman ran credit and said i'm top tier, but wouldn't tell me the rate nor the residual. also said that 42 month lease is the best deal.
 
now on the Audi A4
lease term: 36 months, 15,000 miles (36 mos is best deal)
selling price: just over $30,100
out of pocket: $750
monthly pmt: $454
i'm not factoring it in, but as a mental note, audi includes all schedule service during the lease term, so that would save me around $15 a month as well.
 
I'm no math wiz, but it seems that if i even the 'out of pocket' by rolling $700 from the acura into my pmt, i will end up paying about $455 for the tsx. That turns out to be about even with the A4 which is priced about $1500 - $2000 more! how is this possible?? is there a better lease term? 36 or 39 months? is acura off on their quote, or am i getting an amazing deal from audi??

#43 of 2437 FAIR LEASE PRICE by psoares

Mar 08, 2006 (11:53 am)

hey car_man!
  
I am located here in Fort Lauderdale and i just leased one TSX non/nav. Since this is my first lease, can you tell me if I have a good deal? Those below are the terms I have:
  
Lease term: 48 months, 15,000 miles
Selling price: $27,250 MSRP: $29,500
out of pocket: $2000 (first month pmt & fees)
monthly pmt: $437 (included taxes & free maint.)
 
the salesman ran credit and said he gave me the best he could. Also said that 36 month lease is the best deal and recomended me to turn back in 36 months and get a new car, since in 36 months this car reaches his maximum value.
- DO I HAVE A GOOD DEAL OR AM I PAYING ABOVE AVERAGE?
 
Paul

#44 of 2437 Re: FAIR LEASE PRICE [psoares] by kyfdx HOST

Mar 08, 2006 (5:30 pm)

Replying to: psoares (Mar 08, 2006 11:53 am)
Isn't the MSRP on the non-Navi TSX $28,500?

#45 of 2437 TSX With Nav 24 Month Lease by ericw2

Mar 18, 2006 (5:53 pm)

Hello, Car_man. I live in the Seattle area, and I'm thinking hard about leasing a new TSX with manual transmission and navigation. What is the current Honda money factor for the lowest-mile-per-year 24 month lease? I have excellent credit, so please provide the lowest rate. Also, what is the current residual on that lease? Finally, are there any special deals I should know about?
 
Thank you very much for your help.

#46 of 2437 Help please by hamin

Mar 19, 2006 (8:30 pm)

Car_Man:
 
I am new to this forum..interested in leasing TSX auto with Navigation 06. I have read lots of stuff regarding leasing. Still need your help:
 
1)How should I bargain with the dealer? Which is the most important factor in determining lease monthly payment. ?
 
2) During bargain, which area should I stress more with dealer to get a better quote?
 
3) Is "down payment" / out of pocket payment , mandatory for leasing? can we make a zero down ? will it increase monthly payments if I Do so?
 
4) What is capitalized cost reduction ?
 
please reply me early

#47 of 2437 IS THIS A GOOD DEAL???????????? by hamin

Mar 20, 2006 (4:30 pm)

car_man
 
I am in tennessee..got offered this lease...
 
on 36 months, with a cap cost of 28995, only using upfront fees down
(first pmnt, lic, fees, and tax):
10K/yr -- 1281.92 Down 427 + tax = 457.47
12K/yr -- 1290.09 Down 435 + tax = 465.64
 
This assumes the VERY best credit (>710 credit score trans union).
 
This vehicle will have Splash guards and a pin stripe as well as complete paint, fabric, vinyl and leather sealant. Total retail price $31402.
 
This is for 06 automatic with navigation.
 
plz help me ..is it agood deal ?

#48 of 2437 Re: tsx [aural] by Car_man HOST

Mar 28, 2006 (3:43 am)

Replying to: aural (Mar 06, 2006 4:03 pm)
I'd be happy to help you estimate what this car's lease payment should be, aural. However, in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in). For now, I can tell you that if you were to lease a 2006 Acura TSX without navigation through Honda Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00260 and 62%, respectively.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#49 of 2437 Re: FAIR LEASE QUOTE?? [jpalermo82] by Car_man HOST

Mar 28, 2006 (3:50 am)

Replying to: jpalermo82 (Mar 07, 2006 8:44 pm)
Hi jpalermo82. It is very possible for a more expensive vehicle to have a better monthly payment than a less expensive one if its lease program is more attractive. I can't estimate what these cars' lease payments should be without knowing their MSRPs, but I can provide you with information on their current lease programs so that you can play with the numbers yourself. According to the latest information that I have seen, if you were to lease a 2006 Acura TSX without navigation through Honda Finance right now for 42 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00240 and 55%, respectively. As far as the Audi goes, its lease program varies depending upon the exact model that you want. For now I will assume that you are interested in an '06 A4 2.0T Sedan without quattro. If you were to lease this car through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00075 and 55%. As you can see, the A4's current lease program is much more attractive than th TSX's program.
 
Car_man
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#50 of 2437 Re: FAIR LEASE PRICE [psoares] by Car_man HOST

Mar 28, 2006 (3:57 am)

Replying to: psoares (Mar 08, 2006 11:53 am)
Hey psoares. As my partner in crime just mentioned, the MSRP of an '06 TSX without navigation is only $28,500. Did you get additional dealer-installed options added to your car. If so, this would explain the difference in price. Normally I would say that $27,250 is just an OK deal. It's about halfway between this car's MSRP and dealer invoice prices, but if you got something more for your money in terms of additional options this price is a lot better.
 
You were a little mislead about turning your car in early though. It is usually fairly expensive for consumers to get out of their leases a year before their scheduled end dates. In order to do so, you will need to find a a dealer to give you as much as your car is worth at that point for your TSX as a trade, which is unlikely. To further complicate matters, there is a good chance that Honda Finance is going to want you to make remaining lease payments on your car, or at least the depreciation portion of them. It is never a good idea to lease a vehicle for a longer term than you plan on keeping it.
 
Car_man
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Smart Shopper / Prices Paid Forums

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