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Acura RSX Prices Paid and Buying Experience

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  • chungp2chungp2 Posts: 1
    Hey all, I am going to pick up my RSX Type S tomorrow. I got price quotes from a number of different dealerships around my area online. Once I got that info, i started calling them one-by-one to see if they could beat the best price quote that I got. I did this until dealerships started dropping out of the price war. It ultimately came down to 2 dealerships. Both dealerships gave quotes of $23,047 (Invoice = $22,369, MSRP = $24,460). I thought those prices were pretty decent, so I just went to the dealership that was closest to me. The other dealership then gave me a call about 2 hours before I was to go put down my deposit, and offered the car @ $22,890 ($521 above invoice). At that point, I gave the other dealership a call to tell them of the new price, and surprisingly, they dropped out. So I am taking the car for $22,890. What do you guys/girls think of the price?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks Keith. I'm glad that you enjoy this site so much. Here's the info that you're looking for. If you were to lease a 2006 Acura RSX-S 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 .00132 and 60%, respectively. It is difficult to say whether Acura's August lease program for this model will be more attractive than its current one. If I had to make an educated guess, I would say that it will probably be about the same, but again it is difficult to say for certain. I'm not sure what you mean by the "WHOLE percentage." I could be wise and say 100% ;), but instead I'll ask you to elaborate on what you mean.

    Car_man
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    Prices Paid Forum
  • aschmittyaschmitty Posts: 5
    I'm thinking about leasing a new 2006 RSX Type S for 36 months & 12,000 miles/year in the Chicagoland area. I've receieved a quote of $284/month with $2,000 total due at signing. The $2,000 includes all taxes & fees - no security deposit or disposition fee. We have leased with this dealer before so maybe that has affected the price a little. How does it sound?
  • kyfdxkyfdx Posts: 31,059
    Taxes are pretty high in Illinois on leases... If that includes everything, it sounds like a great deal.. The car has an MSRP of around $25K, right?

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    Prices Paid, Lease Questions, SUVs

  • aschmittyaschmitty Posts: 5
    Yea...you pay taxes on entire price of the car, not just leased portion. MSRP is $24,490. A final due at signing is $2,500, including first month pmt and other fees. We're taking the $284/month to other dealerships and seeing if they will beat it. We've been getting prices in the $350/month range for normal RSX's (not type S) and Scion tc, so we think this is a pretty good deal for a better car.
  • blockermblockerm Posts: 3
    I am currently looking to lease a Type S on July 31st. The dealer quoted a money factor of .00132 and a residual of 0.57 for a 36 month/ 12k miles a year. Does this match what others are getting?
  • Car Man - you are awesome

    Can you check the August Finance rates through Honda Finance.

    Looking for residuals for an RSX- Type S.
    (3 yr / 15k lease) and a (4yr / 12k mile lease)

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello blockerm. Honda Finance's current buy rate lease money factor for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit is .00132, just like you were quoted. This is a good sign because it means that the dealer that you are working with is not trying to mark your car's money factor up to add additional back-end profit to your deal. The residual value that you were quoted is on the money as well. This lease program is scheduled to run through September 5th.

    Car_man
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    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks tbenson81 :blush: . Honda Finance's current buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of a 2006 RSX Type-S are .00132 and 58%, respectively. This factor assumes that you qualify for Honda Finance's "Super Preferred" credit tier and pay a security deposit at lease signing. You definitely should not lease this car for any longer than 36 months. That is the longest term that Acura's special money factors for it are available for. If you were to lease it for 48 months, its money factor would jump all the way to .00283.

    Car_man
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    Prices Paid Forum
  • raniacraniac Posts: 2
    Im planning on buying a 2006 RSX Auto w/ Leather. I live in orange county, California. What is a good price range that I should be paying for this car?

    I've already contacted several dealers and I've heard from $20,740 to $500 under invoice ( which I doubt he'll keep his word)

    Should I be thinking of a low price since the RSX is being discontinued and by October 06 RSX's will be a used car that wont sell in their inventory?
  • jbell67jbell67 Posts: 3
    hello!

    i am interested in the RSX-S lease. 36 month. 15,000.
    i read in a previous posting that the tae lease and money factor was .00132 and 58% respectively. are they still at these rates?
    also, what do you think about the car being discontinued? is this wise, to lease this car? i like it a lot, and it is a good value for what you get...and compared to other cars in this class and price range...i think it is a great deal. what do you think?

    also...one last question. what should i ask for, MSRP? $500 over dealer invoice? do you know current dealer invoice?
  • I want to thank people of this site because when I leased my Acura TSX this year, I was able to use information from this site to negotiate a good deal.

    My girlfriend is in the market for a new car and really likes the RSX. She's a PhD student so money is somewhat tight. We realize that a 48 month lease might have a poor MF but we're looking for a lower monthly payment.

    If someone could supply the MF and residuals for the month for September, we would be very thankful.
  • bedibedi Posts: 6
    Last week dealers gave quotes as low $22,000, today the quotes are around $24,000 - with the statement that this is the end of RSX-S and the remaining cars are few. The leasing incentive was also removed this week. This was week for me buy, so both changes were like death blows to my intention. My remaining hope is that there with be a swing back before the end.
  • Hello jbell67. Unfortunately, with its new September lease program Acura stopped providing lease support on the RSX. As a result, if you were to lease one through Honda Finance now you would have to use its standard lease program, which is much worse than the special program that was available on the RSX in August. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2006 RSX-S with 15,000 miles per year are .00283 and 58%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.

    I am not intimately familiar with what the market is like for this model right now, but I suspect that most dealers would be happy to blow out any remaining '06 RSX models that they have at fairly close to dealer invoice. You can look up the dealer invoice of the model that you want by visiting the following section of this site: Edmunds.com - Acura Pricing. In general, there's nothing wrong with leasing a model that will be discontinued but this car's lease program is so bad that there are probably a number of better vehicles for the money out there right now.

    Car_man
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    Prices Paid Forum
  • You're very welcome, alberty. I'm glad to hear that you got a good deal on your TSX. Unfortunately, Acura's lease program for the RSX is not very attractive right now. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2006 RSX with 12,000 miles per year are .00283 and 57%, respectively. The numbers for an otherwise identical 48 month lease are .00283 and 47%.

    Car_man
    Host
    Prices Paid Forum
  • I bought an RSX Type-S this week. The fact that they are discontinuing the model definitely drove the price up. I was looking at the base model and test drove the last manual transmission left at dealerships in my state. When I returned from the test drive, the car was immediately handed over to the guy who had just bought it! So I ended up with a Type-S. I was quoted MSRP of $24500 from two dealerships in town, ended up agreeing to $23900, but I didn't argue much. It's hard to argue when they point out that this is it, and if I don't pay for it, someone else will. I'm happy with my price.
  • Bought a red Type S in July. Love the car, but leave it to a car salesman to make it a bad experience. I ended up paying $23,250 plus tax and license.
    Westmont (IL) Acura salesman originally told me $23K when I was there. I left and emailed him back that after thinking about it $23K was fine...now add tax, title and license and give me the total. That turned out to be $25,200. I didn't think anything of it. Then I go with the check to p/u the car and I notice the price of the car on the paperwork is $23,400, plus tax, title and license. Salesman is pissed off because he says we agreed on the phone to a total price of $25,200. Yeah, we did, with him misleading me to believe that tax, title and license came to $2,200 instead of about $1,800. I tell him we agreed on 23K plus tax, title and license, and there was no way I was going over $23,250 on the price of the car. At one point he warned me that I wouldn never find another red Type S, because they're really hard to find. I almost walked out anyway I was so pissed.
    Anyway, he goes and talks to the boss and comes back with $23,250, which, at the time, is what Edmunds says was the average price in my neighborhood. What this dealership was trying to pull is probably pretty standard stuff. Just make sure that--after you agree on a price for the car--you check their math on all the other stuff. In the end I'm sitting there with a check for $15K and they weren't about to let me walk out the door.
    Love the car though. I've heard people say that the stereo is kind of crappy, and I'd go along with that. Hell, the stereo in my '98 Malibou sounded better. Then again, the stero ain't why I bought the car.
  • Now that Acura has stopped making the RSX I'm wondering when the best time to buy an 06 type S would be. There are about 20 of them at dealerships in my area. Does anyone know when Acura dealers really start to clear their lots for next year's models? I know some places really like to start pushing 07 models in October, so late September might be a good time to buy, but I'm not sure if this is the case with Acura. Any thoughts?
  • nippononlynippononly SF Bay AreaPosts: 12,693
    But this model is not being supplanted by the '07s, it is being dropped! So the usual rules do not apply.

    RSXs have stopped shipping to dealers, so what is out there is the largest selection of new RSXs that will ever exist again. American Honda has removed all incentives for this model, and the last few will sell without the dealers having to try too hard. And they know that, so the hot summer deals have passed into history along with the Labor Day weekend.

    Thing is, demand for this model was always steady, even this year, so they won't have to beg people to buy the last few of these great cars, and even so they will be gone well before New Years. Strike now while the iron is hot and the selection of colors and whatnot is still pretty good. At least, that would be my recommendation.

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • I ever looked at the RSX Type-S and test drove it. What a disappointment! Sorry. It has 200hp but I didn't feel I have much passing power at around 70-80mph on freeway. The communication between road and drive is not as good as the old Integra Type-R.

    For $23K, I would look at the Audi A3 or Subura WRX. Reliability wise, Acura maybe better than both but I just get with the humble low-end torque with the RSX.

    I still want a car from Acura but not RSX nor TSX (over-priced comparing with A4 or 328i) or TL (too big/heavy). Re-introduce the Type-R with a bigger engine - 2.6-2.8 or better yet the new turbo (for RDX) with RWD. Even the Lexus has the IS250/350 with RWD. Why cannot Acura do it for better performance/handling? :confuse:
  • pkypky Posts: 2
    hey i bought an 06 acura rsx-type s/silver from westmont,il also. my experience with them was horrible! they told me that they were rated #3 in customer service-my reply to that was "i'm not surprised at all as to why you guys are #3 and not #1" salesman and manager had no comeback for that.
    i asked my guy friend to call all the acura dealers and ask around for pricing for me b/c everytime i called they would give me the highest prices possible thinking that i was a girl and didnt know anything about cars. all the prices they gave me were about 500-1000 diff from the prices they gave him. finally he got westmont and gave him a price of 23000 flat on a new 06 rsx-type s-he told them that i would call them with my information and when i did call the salesman there he tried to tell me it was for $23250, i told him forget it. he called me back and said there must have been some misunderstanding. i lived in WI so i had to drive to IL for the car. before i got there i called them to make sure the car was ready and detailed, i was told it was ready for me, all i would have to do was get there signed the paperwork and take my car home. when i got there it was not even ready, they wanted me to sign the paperwork without even looking at it and test driving it. i refused. they didnt even detailed the car or wiped the inside. i was very upset and told them forget it. it took them 3 hours to clean out the car and get new panelings on the car. i wanted the car but hated the experience. i refuse to do anymore car buying from this dealership.
  • I ended up buying a black 06 RSX-S last week at Kearny Mesa Acura in San Diego for $22,770. I used edmunds.com to get quotes from several dealers in Orange, LA & San Diego counties. I also called USAA & had them contact KM Acura since they were the closest ones to me. They got an offer of $22,830. I got a quote of $22,770 from one of the Orange dealers & KM was able to match that. Their fleet department was very easy to deal with. The only option I went with was lojack for $375 (bargained down from $695). I got my extended service contract thru WarrantyDirect.com for $1100 for 7 years/100k miles. Most importantly, I LOVE my new car!
  • I got a quotation $20788 for new 2006 RSX basic which is about $700 above the invoice price in Dallas TX area. Is this a good offer? Please Help. Thanks!
  • Just got an 06 RSX w/Leather.
    Vivid Blue Pearl
    5 Speed Manual

    MSRP: $22,090
    Invoice: $20,266

    I paid: $20,719 ($453.00 OVER Invoice)

    With taxes (7.25% Ventura County Cali), tag, license, regi and ALL fees ... $22,500 OTD

    Purchased from Keys Acura on Van Nuys blvd..

    Was a good purchase. I offered 22,500 OTD, they countered with 22,950, I again offered 22,500 OTD (should have offered 22,250 OTD)

    They accepted.

    I left happy knowing both sides got a good deal. Could I have ground them a few more dollars? Possibly.
    Do I think I made a good decision and got a good deal .. YEAH

    Oh, and by the way.. the car is for my daughter.
    She now gets to make monthly payments to M&D credit union .... (Mom & Dad) :)
  • Hi, I am looking at a green 2006 rsx with leather and 10k miles on it. The carfax report says this car was owned by the previous owner for only 3 months. I can't figure that out but my question is about price. The salesman blurted out that he could maybe go to $18500.00 plus tax and everything else. After reading some of these posts it seems like it could be a little lower with 10k on it. Any and all responses are greatly appreciated. Thanks.
  • nippononlynippononly SF Bay AreaPosts: 12,693
    I'm betting repo...

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • marx66marx66 Posts: 1
    with 10K mile, from private seller. Any suggestion?
  • whawha Posts: 3
    I have an Acura RSX 2004 type S silver/black with only 20k miles on it, excellent condition with painted fog lights, drill/slot rotors, spoiler, chrome wheels, backup sensors. The price is $17k - check it out on Craigslist.com
  • 1. I got a lease in May 2006 on a 2006 Acura RSX Type-S. I put $1300 down and my payments are $305 per month (including tax) for 36 months with 15k miles per year. Was this a good deal?

    2. I have not put as many miles on my car as I thought I would be. Currently I have just under 24,000 miles. I will prob only be driving 750 miles per month going forward which will put me severley under the 45k I pay for. How does this affect me when my lease is up? Will I be able to get this equity out of the car being that it will be worth more than what it would be if I used all 45k? Or will I just lose this all since it's leased? Please explain how that will work.
  • gforce11gforce11 Posts: 225
    This won't affect your lease, they will not reimburse you for the miles that you haven't driven. The only way to get some equity for the car is to sell it. You probably will have to buy it from the leasing bank first, then sell. Trading it in will effectively destroy any equity you had on the car.
This discussion has been closed.