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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 2 of 244

#7 of 2437 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 2437 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
Host
Smart Shopper / Prices Paid Forums

#9 of 2437 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 2437 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 2437 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 2437 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 2437 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
Host
Smart Shopper / Prices Paid Forums

#14 of 2437 lease incentives? by sdiver68

Oct 29, 2005 (5:27 am)

Car_man,
 
What are the chances of lease incentives soon? On the one hand, I still see many '05's on the lots, on the other hand Acura has had a few months of record sales in a row and rarely does incentives from what I can tell. Competition in that lease payment area is tough, with the IS250, G35, and 325i all in the low $400 range (well negotiated).

#15 of 2437 Re: lease incentives? by Car_man HOST

Nov 06, 2005 (6:31 am)

Hi sdiver68. I wouldn't hold my breath for any sort of lease support on this car. Acura has never provided any sort of special lease money factors on the TSX. Its current lease program on this car is scheduled to run through December 5th, but I doubt that its new December lease program for it will be any different from its current one.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#16 of 2437 Lease Money Factor 2006 by bogmancometh

Nov 15, 2005 (8:04 am)

I was just quoted on TSX 2006 Auto w/o Navi 36 & 42 month lease with sell price of $27,000 including dest.
 
36 month, 15k, money factor .00260, resd $17673, payment $449
 
42 month, 15k, money factor .00235, resd $16247, payment $421
 
Do these sound right?

Messages Page 2 of 244

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