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Acura TSX Lease Questions

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Comments

  • I would suggest you get the sales price of the car (yes, you are getting a lease but there is still a sales price). Then compare that sales price to what truecar.com shows for your area.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go wallet45.

    Acura's April buy rate lease money factor and residual value for a 36 month lease of a 2011 4-cylinder TSX Tech with 12,000 miles per year are .00129 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    The numbers for an otherwise identical '11 TSX V6 Tech are .00091 and 55%.

    The numbers for an '10 4-cylinder TSX Tech are .00190 and 52%.

    When negotiating your deal, make sure to take advantage of the $750 dealer cash that is available on the '11 TSX 4-cylinder, $1,000 on the '11 TSX V6, and $1,250 on the '10 TSX 4-cylinder.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey plyr611. Manufacturers' advertised leases usually to include some sort of dealer discount...however savvy consumers who are in areas that have a decent level of competition are usually able to beat these deals. If I was in the market for a 2011 TSX, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the available dealer cash.

    Car_man
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  • Hi Car_man,

    Whats the money factor and residual for a TSX Sportswagon 15k 36 months?

    Thanks,
  • paulvppaulvp Posts: 8
    Is this a good deal .
    Dealer wants 2500 total out of pocket for 389
    2011 tsx tech 4 cyl 10k miles
    389 x 36 mon +2500
    includes 1st month down
    I would greatly appreciate for feedbacks .

    Thanks in advance ,
    paul
  • Doesn't really sound good to me. But you should find out the sales price and check that against truecar.com in your area.
  • htram516htram516 Posts: 10
    edited May 2011
    I'm wondering if Acura's new lease special is negotiable? I'm looking for the base model tsx and here is their current offer:

    $289 a mo for 36 months
    10k miles a year
    $2499 due at signing (first month + cap cost reduction of $2210)

    Think I would be able to go in there and get it at $289 a month with 0 down? I'm not sure how negotiable these offers are when they come out.........

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi airecken1. Through May 2nd, Acura's buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Sportwagon with 15,000 miles per year are .00129 and 62%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    As I mentioned, this program is only good through the end of today. Acura is scheduled to introduce its new May numbers some time tomorrow. Let me know if you're interested in an update.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi htram516. If this is Acura's official advertised payment for this car then yes you probably do have a little room to negotiate. Most manufacturers advertised leases leave a little meat on the bone so to speak. It makes sense if you think about it. Dealers would be pretty annoyed if the manufacturer that they were associated with advertised the thinnest possible deal on a vehicle.

    Savvy consumers who are in an area that has a decent amount of competition are usually able to beat these deals by lowering a lower selling price than what they were based on.

    Car_man
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  • deek1680deek1680 Posts: 2
    I got a 2010 Base TSX from pohanka acura here in VA.

    O down
    O first month payment
    $319 a month for 35 months
    12k a month milage
  • kacey007kacey007 Posts: 3
    Car Man,

    Are there any lease deals and/or rebate incentives for the month of May for the 2011 Acura TSX with Tech Package? I'm totally clueless of what I should ask for in a 15K, 36 month lease. What would be a good car payment range with great credit?
  • ahashmiahashmi Posts: 71
    Car_man,

    I was looking to know if you have MF and Residual on a 2011 TSX base with 12k mi/yr and 36 months, please let me know soon!

    I know they suspended orders on TSX for Jun and Jul, which is when my current lease is ending, so I need to know what to do =/
  • biker4biker4 Posts: 746
    Honda pulled all the incentives for Japanese made cars (TSX, RL) due to upcoming shortages. It'll be tough to get a deal for the next few months.
  • areyes1010areyes1010 Posts: 19
    I am an avid fan of Acura's cars and have been leasing for a number of years. Presently I have a 2009 TSX fully loaded which is at the end of it's lease. I am interested in leasing another however, the prices have jumped over $100 per month in the last week.

    What is the current money factor and residual for a fully loaded 2011 TSX, 36 months, 15k miles per year for Bergen County, NJ? No money down except first month's payment. I would like to roll in the taxes, doc fee, bank fee of $595, etc.
    Thanx,
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kacey007. Unfortunately, the production problems that were cause by the tragic quake in Japan have caused a number of Acura vehicles to become supply constrained. As a result, Acura has pulled the plug on its incentives on the TSX.

    You can still lease a TSX, but in order to do so you will have to use Acura's standard lease program. If you provide me with the MSRP and approximate selling price (or at least the dealer invoice price) of the car that you're interested in I would be happy to work up a sample payment on it for you.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go ahashmi. Acura's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Base TSX with 12,000 miles per year are .00190 and 62%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi areyes1010. Unfortunately, it is going to be much more expensive to lease most vehicles this summer, particularly Japanese ones.

    Acura's May buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX V6 Tech with 15,000 miles per year are .00190 and 53%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • areyes1010areyes1010 Posts: 19
    Thank you for the info however, I was interested in the MF & Residual for the 4cyl not the 6. More importantly, I am concerned about your comment regarding leasing being more expensive this summer. I can appreciate the Japanese cars, but why would other manufacturers be affected?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi areyes1010. While it's difficult to predict exactly what will happen this summer with incentives, theoretically it's possible that non-Japanese automakers won't feel the pressure to crank up their incentives to compete with the Japanese companies. Furthermore, its possible that even non-Japanese manufacturers will face some supply constraints if they use some Japanese suppliers for parts. Again, this is just speculation but I can tell you that the incentives that are out there today are definitely lower than they were a couple of months ago.

    Acura's May buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX 4-cylinder with 15,000 miles per year are .00190 and 60%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • areyes1010areyes1010 Posts: 19
    Hi Car_Man,
    What is the June money factor and residual Lease Rates for 2011 Acura TSX w/ Tech Package @ 15k miles for 36 months? I would qualify for the super preferred credit tier.
  • areyes1010areyes1010 Posts: 19
    Also, are there any Incentives that can be passed on for 2011 TSX w/ Tech Package.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for, areyes1010.

    Acura's June buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Tech 4-cylinder with 15,000 miles per year are .00151 and 57%, respectively for consumers who qualify for its "Super Preferred" credit tier.

    Car_man
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  • amandasfamandasf Posts: 10
    I was in the Acura dealer getting a service and I wondered over to the new car showroom. I started talking to a sales associate and next thing I know he was emailing me with a new lease deal on a 2011.

    I have a 2010 TSX Base/automatic with 12k miles on it. I have 14 months left on my lease, and pay $374 a month which includes the FL usage tax of 6% per month. I have 10k miles per year, and it was originally a 36 month lease.

    I told the sales associate that I would ONLY be interested if I could walk out of the dealer with no $$ down and the same exact payment per month. Well, he was able to make me that deal with only 1st months payment due at signing (my current payment is due on Friday, so this is not a big deal). It's the same lease conditions but on a 2011 TSX base/auto- 36 months 10k miles.

    Should I do it?
  • ahashmiahashmi Posts: 71
    Not a bad deal considering the shortage of this model and their swallowing your payments too.

    If you like the car, then I think its good. But I would say push one step harder and either ask them to give you 12k mi/yr, or swallow the first month payment.
  • amandasfamandasf Posts: 10
    I am not sure they are swallowing my payments. They want my current car. It's a 2010 with less than 12k miles on it. My lease payoff is $23,800 and the KBB on the car is at least $25 and similar are selling for $28k.
  • biker4biker4 Posts: 746
    The resale values on used cars with good gas mileage has been really high - hence the offer. Seems like a no brainer to me - take the deal.
  • amandasfamandasf Posts: 10
    I found out that the dealer is going to be paying off my current car.

    I originally said no to the deal and he came back with an offer for $25 less than what I am paying now with only 1st month down, so I am going to do it.
  • ahashmiahashmi Posts: 71
    Good luck, sounds like a good deal :)
  • postytsxpostytsx Posts: 15
    Hi Car_man,

    Wondering if you could tell me what the July Money-factor and Residual would be on a 2011 TSX Tech 6 speed, 12,000 miles per year. I'm pre qualified for Acura's best financing.

    I currently have a 2009 TSX Tech 6 speed with 20,000 miles that I have to return back to the dealer in August. Is there anything I can do with my current car that might help me get a better deal on my next TSX?

    Thanks,
    PostyTSX
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi PostyTSX. Acura's July buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX Tech V6 with 12,000 miles per year are .00092 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Many dealers are definitely clamoring for trades right now. I know several people who have used the fact that they are returning a vehicle to make money that they then applied towards their next lease. There's no guarantee that you will be able to do this, but it's worth a shot.

    Car_man
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