Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Acura RSX Prices Paid and Buying Experience

18911131419

Comments

  • I was just quoted 21,900 for the new RSX with leather, automatic...(not S-type) I have done no negotiations yet., so tell me how does this price sound as a starting place to negotiate down....and what is a good price for this car. I am located in Philadelphia/NJ area....What do you think.
  • ctk4949ctk4949 Posts: 10
    My Bro just got a 2006 Acura RSX Black on Black Auto with Leather for $23,500 TTL, my mom also got a 2005 Acura TSX Meteor Silver without navi for $27,600 TTL...what you guys think??
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
  • bedibedi Posts: 6
    Acura currently has an incentive for leasing a 2005 RSX Manual w. cloth for $199/mo ...
    has anyone analyzed the value of this offer, if you have please share you considerations.
    Cheers,
    b'
  • 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
  • bedibedi Posts: 6
    Greeting Car_Man,

    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'
  • The capititalized cost is the selling price.. Or, more accurately, it is the selling price, plus any additional costs not paid upfront, minus any downpayment. That is the number that is negotiable, and that will affect your payment.

    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

    Moderator - Prices Paid, Lease Questions, SUVs

  • bedibedi Posts: 6
    kyfdx,
    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'
  • 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
  • i leased my 2005 acura rxs back in may. i put exactly 2500 down and i am paying $256/month but i have leather and automatic. my lease is 12k per year for 3 years. at the end of the lease i can buy it for 12 something. i live in the tampa area. i just wanted to let everyone know about my deal, i think i got a good one. the original cost was like 246/month but it was about 10$ to add me to the lease (its in my grandmothers name) and i thought that was a good idea to get me some credit. its a real good car so far.
  • Hey,

    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.
  • Scratch that, I just saw the lease deal on acura.com for an 06 manual/cloth (what I was looking for):

    $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.
  • Thanks for taking the time to share the details of your RSX lease with everyone, brandi20.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • Hi bray1. If I recall correctly, Acura's advertised lease on the 2006 RSX is based upon a selling price that is around $1,000 over dealer invoice. I suspect that if you shop around you will be able to get one for less than that, which would lower your car's lease payment a little bit. Also, Acura's advertised lease on this car assumes that you are making a $1,499 capitalized cost reduction. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your RSX would be exactly the same, regardless of whether you had put $1,500 down, or had made absolutely no down payment at all. Your car's lease payment will be a little higher with no money down though.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • hi everybody. First i want to say that this discussion has been very insightful. Thanks!

    i really want to buy an rsx type-s. I am planning on buying late december/early january. Anybody know of a good acura dealership in the philadelphia/nj area where I could get it extremely close to invoice?
    THANKS!
  • Paid $22,000 with protection package in Indianapolis (Hubler Acura). Couldn't be happier.
  • I just signed to lease above car. It's a great deal, because Acura is offering a great lease rate on the above car right now (advertised as $199/mo with $1499 down). I put 0 down, but $1400 up-front costs, which includes 1st payment. The payments, with tax included in MASS are only $250/month. I can choose to buy it at end of 42-month lease for only $11, 500!

    I'm excited, but did I really get a good deal???
  • Hi all,
    I just lost my beloved Celica GTS (stop sign runner, uninsured, naturally!), and have a big mortgage, so thought I'd have to settle for a downgrade to a Civic. When I realized I could get an Acura RSX for not much more, the pain was a lot less!

    I asked for bids in the SF Bay Area on a 2005 RSX with leather and they've all come back with offers for 2006, in the range of 22K. When you start negotiations on the web, will they come down once you show up for a test drive? I'm asking for an OTD price in my replies, but no responses to that yet. I was figuring they'd be more flexible on 2005 pricing, so don't know if the 2006 replies mean that inventory is low, or they're just trying to upsell me.

    Any recommendation/warnings about dealerships in the Bay Area?
    Robin
  • Hmm... I got my 05 RSX Type S at Mike Harvey in Burlingame, which a few people say is a rip-off dealership for $24+k + tax and licensing. Some I heard got their RSX Type S in Acura of Pleasanton and in Autowest Acura of Stevens Creek in Santa Clara. I do have to warn you not to go to Acura of Serramonte. I've been hearing bad reviews about this dealership and my friend had a very bad experience with them as well.

    About Mike Harvey Acura, I don't believe I got ripped off. Dealerships also need to make money and it's just natural for them to add $500 to a $1000 to the car's MSRP. I'm happy with my RSX Type S with no problems like most people complain about. This makes me think that I got a better deal compared to other people who payed up to $2000 less but have to make so many trips back to the dealership because of problems. I test drove the Nighthawk Black and I couldn't resist taking the car since I liked it so much and that it was the last 05 RSX Type S that they have during that period (but more were on scheduled to come a week later), it was last August.

    I'm not so sure about Acura of Pleasanton, but I've read one posting on Yahoo autos forum about bad service. This person had a problem with his RSX's transmission and the dealer just kept on denying the problem. I just don't like the sound of dealerships like that.

    My friend got his at Autowest Acura of Stevens Creek. He said they have a lot in stock when he got his. He received good service and never had any problems with his car as well.

    I still believe buying a car is also like gambling. You wouldn't know if you're about to get a lemon or not. Just test drive it, get the feel of it, and pay close attention to those sales people because they can easily rip you off. You can tell from the beginning if they will help or not in case the car has a problem. Just make sure you won't get new car that's over a 100 miles. It's still new but I'd still worry about it.

    I don't expect you to go to these dealerships I suggested. I still suggest that you make some research on the dealerships that you might plan to visit. Like I said, it's a gamble. :)
  • mikefm58mikefm58 Posts: 2,882
    I just went through the web process you mentioned when I purchased an '05 Civic. Most dealers will come down a few hundred from their initial offer, but that's about it. They realize that a typical internet shopper has already researched prices. The prices they gave me included any and all fees for an OTD price.
    .
    If you have a trade, make sure you research that also over in "Real world trade in values". And get pre-qualified for financing at your local bank before going to the dealer.
    .
    Good luck.
This discussion has been closed.