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Acura TSX Lease Questions

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  • Greetings speedyt3. The easiest way to evaluate this deal would be to take a look at its selling price in relation to its MSRP or its dealer invoice price. Find out what this car's selling price is and I'm sure that either myself or another helpful community member will gladly tell you what they think.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • No problem jtravers. Acura's December buy rate lease money factor and residual value for a 30 month lease of a base 2010 TSX 4-cylinder with 10,000 miles per year are .00028 and 63%, respectively.

    Acura is currently providing $1,250 dealer cash on the 2010 base 4-cylinder TSX.

    The fact that the dealer is making the final two payments on your current lease for you will hamper your ability to get the best possible deal on your new car. Of course, if you wait any longer you probably won't be able to find many, if any leftover 2010 models.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here you go hockeyguy1721. Acura's December buy rate lease money factor and residual value for a 36 month lease of a 2011 TSX V6 Tech with 12,000 miles per year are .00190 and 56%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier everywhere but in California.

    The money factor for a 4-cylinder Tech would be the same, but its residual value would be .00190 and 60%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • kilnkiln Posts: 39
    The money factor for a 4-cylinder Tech would be the same, but its residual value would be .00190 and 60%.

    Are the sedan and wagon lease rates the same?
  • Car man:

    My wife has been offered a 30mo lease @12K/year for $364/mo (all in) based on a $26,900 total cost from a NJ dealer. It appears they have a large inventory to move. This seems like almost too good a deal to pass up. Agree?

    Thanks,

    Steve
  • Could you let me know what dealer in jersey this is? Im looking to purchase but that price seems great. Thanks
  • 2010 TSX 4 Cyl base
    $259 - 36 mths - 10K/yr
    $1500 Down
    Does not include lease inception fees, tax or MV fees. No Security Deposit.

    I know this lacks some specifics, but is this worth pursuing further?
  • Was this on a TSX with or without nav?

    My Current TSX lease is up in May 2011 and I, too, was going to wait for a 2011 TSX. My dealer is trying to get me into a 2010 now. Your deal is exactly what I would be looking for. Would you mind sharing what the selling price and residual value were?

    Thank you.
  • Specifics from Dealer...

    "If your trade is worth $3000.00 then your payments are going to be $225.00 per month. You will have to give me nothing more than just your trade, keys, and title.

    I am capping the car at $25,300.00. Your $3000.00 trade (if worth) is covering all your taxes, dmv, 1st payment, bank fee, and doc fee."

    This is for 36 mths - 10K/Yr.

    Please advice.....
  • erawpderawpd Posts: 4
    edited December 2010
    More specifics...

    In New Jersey

    2010 TSX Base Auto
    $225/mth - 10K/yr
    Cap Cost - $25,300
    $3000 out of pocket ($2100 fees and taxes, $900 Cap Cost Reduction)

    My trade will cover out of pocket.

    I'm assuming mf=.0007 and residual 57%. Are these right?

    Good Deal?
  • devs6devs6 Posts: 11
    Just signed a lease

    Dealer in North Jersey

    2010 TSX 4 cyl base auto

    36 month 15k year

    303 monthly including nj tax 7%

    704.50 out of pocket. includes first month payment, dmv fees and dealer doc fee

    They are trying to move the 2010 before the end of the year and are offering great deals on these cars.
  • Congratulations on your great deal. Is this a first time lease or did you go from one TSX lease to another?
  • jettsetterjettsetter Posts: 1
    edited January 2011
    Negotiated this deal today in winston-salem NC on a base 2010 tsx

    Sale price $26,600
    Acquistion fee $595
    Admin. fee $489
    Tags/Title $69
    Total cap cost: $27,753
    Residual 60%($18,102)
    Money factor .00010
    Lease term 30 month
    15k miles per year
    0 due at signing and dealer paid 1st month pymt.
    Monthly pymt $336.02 for 30 months 15k per year.
    Sales tax $9.78 per month (3% in NC) so 3% x (deprectiation fee + finance fee)

    In summary:
    Depreciation fee per month $321.70
    Finance fee per month $4.59
    Sales tax per month $9.78
    $336.02 per month

    good luck to all
  • devs6devs6 Posts: 11
    UPDATE:

    Dealer said they made a mistake and gave me numbers for a 30 month lease not 36.

    I stood my ground and clearly stated that when I sat down with the salesman I wanted a 36 month with 15k a year miles lease

    My copy of the paperwork clearly states 36 month lease @ $303 a month. They had changed their copy to say 30 months. That pissed me off big time at which point some yelling and name calling started. They tried to push me into the 30 month lease which by they way is a good lease program. By this point i was pissed my wife was telling me to calm down.

    The general manager really pissed me off my saying it was both are faults, the dealer and mine. That was it, called my lawyer on the spot, she instructed me what to do (proper way to have them void all the paperwork)
    got the money down back and walked out.

    OPEN ROAD WAYNE ACURA NJ

    STAY AWAY - total bait and switch, liars, very poor business practice.

    I Will be placing a complaint with BBB
  • ezshift5ezshift5 Posts: 852
    .......they no doubt - as was I - were impressed with your effective response to their ineptitude (telephone/atty advice/procedure et al. Plus a follow-up with the BBB.

    Well done

    (as we used to say during my USNR days)

    ez
  • res332res332 Posts: 13
    Car Man and acurafan 19:

    Here's the deal. First, dealer changed the lease to 30 months, not 36. Told me he made a mistake and offered to reduce the monthly payment from $327 to $319. I called Acura directly and confirmed that at end of 30 month lease I could extend the lease by at least 6 months with same terms and minimal effect on residual (meaning the residual was almost the same comparing original offer of 36 month lease to 30 month lease with 6 month extension), so I went through with the following deal for a base 2010 tsx:

    No $ down.
    30 months @ 15K miles a year.
    Sale price $26,152
    Gross capitalized cost $26,747
    Residual $18,102
    Monthly payment $292.66 + $26.34 (monthly sales / use tax) = $319

    Also, lease agreement indicates dealer paid first month ($319) and $171.95 (registration) for total of $490.95.

    Car Man, was this a good deal?

    Thanks
  • Carman,
    Is cashback still avail on the 2010's? And can you repost the MF and Residual Values for both a 10K and 12K mi. lease for both a Tech and Non-Tech? My apologies for the duplication. I am just confused as to wether the dealers can adjust their residuals right now on 2010's or not. Thanks.
  • I got this deal at a local dealership in Los Angeles today on a 2010 TSX Base 4cyl with Tech Package:
    36 month, 10k/year lease
    Drive-off: $800 (includes 1st months payment)
    Monthly: $310


    Here are the details:
    Gross Cap Cost: 27,560
    Agreed upon value: 26,965
    Cap Cost Reduction: 4.56 (not sure why)
    Adjusted Cap Cost: 27,556
    Residual Value: 17,965
    Depreciation and any amortized amounts: 9,590
    Rent Charge: 606
    Total of Base Payments: 10,196
    Lease payments: 36
    Base monthly payment: 283.24
    Monthly tax: 27.62
    TOTAL MONTHLY: $310.86

    How does this sound?
  • which dealership in LA?
  • Looks like a good deal to me. congrats!
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