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Hatchbacks Acura RSX Acura RSX: Lease Questions 
68 messages, Last post on Feb 29, 2008 at 1:30 PM
You are in the Acura RSX Forum. Your Host is pf_flyer
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Hi everyone. Please use the following discussion to post any questions that you have about leasing an Acura RSX. Thanks. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Aug 31, 2005 2:01 am) has anyone analyzed the value of this offer, if you have please share you considerations. Cheers, b' |
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Hi bedi. Acura's current lease program on the 2005 RSX is a pretty good deal. Not only are the residual values for Acuras usually fairly strong, but it is using a special lease money factor of .00040 to calculate the interest portion of this car's payment. This is equivalent to an interest rate of slightly under one percent. If you decide that you want this car, make sure to negotiate its selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The selling prices that are used to arrive at manufacturers' advertised lease payments can usually be beaten by consumers who shop around. Acura's current lease program for the RSX is only scheduled to run through September 6th. I have not seen what its new September program will be like, but should be able to give you an idea if you want to check back with me at the end of the week. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 05, 2005 11:57 am) Interest rate slightly under one percent - good - very good. Negotiate the selling price - OK. However, I have found only one car. When the monthly rate is set, $199/mo, the capitalized cost is given as 18,201, and the purchase at lease end is 11,4664.75 - what is their relationship to the selling price - are any of them fixed by the selling price? Sept 6th is last day of the current offer. Cheers, b'
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Replying to: bedi (Sep 05, 2005 11:32 pm) The residual is a percentage of the MSRP, and is fixed by the leasing financial institution. It only varies by term and mileage of the lease. The monthly rate is never "set". That is just their advertised deal.. It will vary according to the selling price that you negotiate. The lower the selling price you negotiate, the lower the payment. Hope that helps, kyfdx Host--Prices Paid Forums
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Replying to: kyfdx (Sep 06, 2005 2:38 am) Thank you, that's good info. Please map it to the following figures given in the offer: 199/mo for 36 mos. 2,493 total due at lease signing 1,499 capitalized cost reduction 20,845 INCLUDES DEST. MSRP 18201.47 actual net capitalized cost 7,164 total monthly payment -36 mos 11,464.75 purchase at least end Cheers, b' |
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Hey bedi. I hate to say this, but it looks as though you have to renegotiate your deal if you didn't get your car yet because Acura's September program is completely different than its August program. Acura replaced the special lease money factor that it was providing on the 2005 RSX with $500 dealer cash. If you want to lease this car through AHFC in September you will have to use its standard lease program and hopefully negotiate a cap cost that is $500 lower. It did introduce lease support on the 2006 RSX. Let me know if you want informaiton on this new program. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 12, 2005 2:14 am)
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Replying to: brandi20 (Sep 12, 2005 1:36 pm) I wanted to lease a 2005, but couldn't find any before Sept 6th (or since then for that matter). So I'm looking into a 2006 lease now. One quote I got was: MSRP $20,895 Cap $19,900 Lease factor .00250 Residual 58% 36/12k Per Month $302.17 Acq. fee $595 Reg & tags $179 ( 3yr ) De.tax $547 Due at signing $1623.17 So about $300/month with $1623 due at signing. Does this seem about right? Another dealer gave me about the same price. Anyone know if there's supposed to be some sort of lease deal for the 06 in the next couple of months? Thanks.
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Replying to: bray1 (Sep 13, 2005 9:30 pm) $199/mo for 42 months $2500 due at signing That's a pretty good savings! Glad I didn't jump the gun on the other lease. |
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