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2015 TLX 3.5 SH-AWD/TECH & ADV Lease.

canesmackercanesmacker Posts: 37
edited September 2015 in Acura
I'm in the process of researching the MF & RV for a 2015 TLX 3.5 SH-AWD/TECH & ADV Lease.
I would like the MF/RV values for 36/39M and 10, 12, 15k options (see below and advise if correct).
The initial MSRP numbers I have in Westchester, NY are as follows:
2015 TLX 3.5 SH-AWD/TECH - MSRP $42,495. My offer $37,180.
2015 TLX 3.5 SH-AWD/ADV - MSRP $45,720. My offer $40,164.

FYI - I will actually register the car in FL as I have my last 3 leases w/Acura.

Thx

Package Miles Term RV MF Miles Term RV MF
3.5 SH-AWD/TECH 15,000 36 0.56 0.00105 15,000 39 0.56 0.00105
3.5 SH-AWD/TECH 12,000 36 0.58 0.00105 12,000 39 0.58 0.00105
3.5 SH-AWD/TECH 10,000 36 0.59 0.00105 10,000 39 0.59 0.00105
3.5 SH-AWD/ADV 15,000 36 0.54 0.00105 15,000 39 0.54 0.00105
3.5 SH-AWD/ADV 12,000 36 0.56 0.00105 12,000 39 0.56 0.00105
3.5 SH-AWD/ADV 10,000 36 0.57 0.00105 10,000 39 0.57 0.00105
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Answers

  • kyfdxkyfdx Posts: 148,174
    @canesmacker None of the numbers you posted are current or correct.

    .00026 MF and $2250 lease cash on all

    36 months

    Tech: 52%/54%/55% residual
    Advance: 50%/52%/53% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thx for the info much appreciated. So what do you mean by $2250 lease cash?
    I assume minimum $2250 at lease signing? Does the $2250 improve the MF?
  • kyfdxkyfdx Posts: 148,174
    edited September 2015

    Thx for the info much appreciated. So what do you mean by $2250 lease cash?
    I assume minimum $2250 at lease signing? Does the $2250 improve the MF?

    $2250 lease cash is a dealer incentive from Acura. You use that knowledge to negotiate a lower selling price.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Is this a National incentive by Acura Dealers or limited by region?
  • MichaellMichaell ColoradoPosts: 140,653

    Is this a National incentive by Acura Dealers or limited by region?

    The numbers we have for Acura are national.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Looking to lease w/n the next few weeks. I'm thinking of an offer for a Tech of $37,180 and for an ADV $40,164. These numbers were derived from Consumer Reports. Not sure if these numbers would include the lease cash of $2250. Also, researching options/accessories on Acura.com adds another possible $2000-3000. So the lease cash makes it almost a wash. See attached spreadsheet where I made an attempt to calculate my lease payments. Let me know where I went wrong so I can go back and recalculate (plug in the correct values). I will send you an email with the file also.
  • kyfdxkyfdx Posts: 148,174

    Looking to lease w/n the next few weeks. I'm thinking of an offer for a Tech of $37,180 and for an ADV $40,164. These numbers were derived from Consumer Reports. Not sure if these numbers would include the lease cash of $2250. Also, researching options/accessories on Acura.com adds another possible $2000-3000. So the lease cash makes it almost a wash. See attached spreadsheet where I made an attempt to calculate my lease payments. Let me know where I went wrong so I can go back and recalculate (plug in the correct values). I will send you an email with the file also.

    Your residual values don't look right.

    To get the residual, multiply the percentage by the full MSRP, including destination.

    If you want a good lease deal, pass on the accessories.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Other than the residual, everything else look okay?
  • Question in re to capitalizing certain costs/fees.
    What can/cannot be capitalized:
    1. taxes
    2. options/accessories
    3. bank fee
    4. anything else?
  • MichaellMichaell ColoradoPosts: 140,653
    Question in re to capitalizing certain costs/fees. What can/cannot be capitalized: 1. taxes 2. options/accessories 3. bank fee 4. anything else?
    1 yes
    2 yes
    3 yes, but there may be a bump in the MF to do so
    4 not sure

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • That's what I thought - thanks for the confirmation.
    So now I'd like to throw out a hypothetical:
    2015 TLX 3.5 SH-AWD/ADV:
    MSRP (including $920 dest) = $45,720
    DI - Dealer Invoice (+ $300 Advert fee) = $44,384
    SP - Selling Price (or my price offer) = $40,164 (minus the $300 advert fee) - this is where I have a question. I got the $40,164 from Consumer Reports recommendation as a bottom line best price a consumer could offer a dealer for the car. I would assume that the $2250 LC (Lease Cash - dealer incentive) would most likely be baked in already to the $40,164. Do you concur? I can't see the dealer going any lower than the $40,164.
  • MichaellMichaell ColoradoPosts: 140,653

    That's what I thought - thanks for the confirmation.
    So now I'd like to throw out a hypothetical:
    2015 TLX 3.5 SH-AWD/ADV:
    MSRP (including $920 dest) = $45,720
    DI - Dealer Invoice (+ $300 Advert fee) = $44,384
    SP - Selling Price (or my price offer) = $40,164 (minus the $300 advert fee) - this is where I have a question. I got the $40,164 from Consumer Reports recommendation as a bottom line best price a consumer could offer a dealer for the car. I would assume that the $2250 LC (Lease Cash - dealer incentive) would most likely be baked in already to the $40,164. Do you concur? I can't see the dealer going any lower than the $40,164.

    Don't know much about the method CR uses to quote prices, but it seems likely that their pricing includes the lease cash. However, it doesn't hurt to offer $37,914 and see what the dealer says.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Ok - say they accept $37,914. Here are the assumptions and the numbers I get when determining my monthly lease payment:
    1. No money down.
    2. MSRP = $45,720
    3. SP (Selling Price) = $37,914
    3. BF (Bank Fee) = $595
    4. OP (Options) = $3,000 - don't intend to add $3,000 worth of options but taking worst case scenario.
    5. Taxes - I'm estimating over a 36M lease term $1,717 or $47.69/month - this seems low to me can you advise actuals for Westchester County, NY?
    6. Capitalized Cost (CC) = SP + BF + OP + Taxes = $37,914 + $595 + $3,000 + $1,717 = $43,226
    7. Residual Value (RV) = MSRP * RV = $45,720 * .053 = $24,232
    8. Total Depreciation (TD) = CC-RV = $43,226-$24,232 = $18,994
    9. Monthly Depreciation (MD) = TD/36M = $18,994/36 = $527.62
    10. Monthly Interest (MI) = (RV+TD)*MF = ($24,232+$18,994)*0.00026 = $17.54
    11. Pre-Tax Monthly Payment (PT) = MD+MI = $527.62 + $17.54 = $545.16 (since I capitalized the $1,717 taxes.
    12. So my monthly payment would be $545.16 - is this correct?
  • Ok - the dealer accepted my offer on SH-AWD/ADV of $37,768:
    1. No money down.
    2. MSRP = $45,720
    3. SP (Selling Price) = $37,768
    3. BF (Bank Fee) = $595
    4. OP (Options) = $500
    5. Taxes - $904 or $25.11/month - for Broward County, FL.
    6. Capitalized Cost (CC) = SP + BF + OP + Taxes = $37,7684 + $595 + $500 + $904 = $39,767
    7. Residual Value (RV) = MSRP * RV = $45,720 * .053 = $24,232
    8. Total Depreciation (TD) = CC-RV = $39,767-$24,232 = $15,535
    9. Monthly Depreciation (MD) = TD/36M = $15,535/36 = $431.54
    10. Monthly Interest (MI) = (RV+TD)*MF = ($24,232+$15,535)*0.00026 = $16.64
    11. Pre-Tax Monthly Payment (PT) = MD+MI = $431.54 + $16.64 = $448.18 (since I capitalized the $904 taxes.
    12. So my monthly payment would be $448.18
    13. Can't thank the moderators - kyfdx & Michaell enough for their assistance as this deal could not have happened w/o their advice!
  • MichaellMichaell ColoradoPosts: 140,653

    Ok - the dealer accepted my offer on SH-AWD/ADV of $37,768:
    1. No money down.
    2. MSRP = $45,720
    3. SP (Selling Price) = $37,768
    3. BF (Bank Fee) = $595
    4. OP (Options) = $500
    5. Taxes - $904 or $25.11/month - for Broward County, FL.
    6. Capitalized Cost (CC) = SP + BF + OP + Taxes = $37,7684 + $595 + $500 + $904 = $39,767
    7. Residual Value (RV) = MSRP * RV = $45,720 * .053 = $24,232
    8. Total Depreciation (TD) = CC-RV = $39,767-$24,232 = $15,535
    9. Monthly Depreciation (MD) = TD/36M = $15,535/36 = $431.54
    10. Monthly Interest (MI) = (RV+TD)*MF = ($24,232+$15,535)*0.00026 = $16.64
    11. Pre-Tax Monthly Payment (PT) = MD+MI = $431.54 + $16.64 = $448.18 (since I capitalized the $904 taxes.
    12. So my monthly payment would be $448.18
    13. Can't thank the moderators - kyfdx & Michaell enough for their assistance as this deal could not have happened w/o their advice!

    Congrats! $448/mo for a car that stickers at $46K is a pretty decent deal. Enjoy the new Acura.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi. Looking to lease a 2015 TLX Advance SH-AWD in MD.
    Do you have the following info for the month of October for this model:

    1) MF and RV for 10k/36, 12k/36 and 15k/36
    2) Any new incentives from Acura when compared to September (lease cash of $2250 or anything new?)

    Apparently 2016's are slowly trickling into the dealerships so I'm assuming 2015's need to move more than ever..

    Thanks for your help!
  • kyfdxkyfdx Posts: 148,174
    llss1155 said:

    Hi. Looking to lease a 2015 TLX Advance SH-AWD in MD.
    Do you have the following info for the month of October for this model:

    1) MF and RV for 10k/36, 12k/36 and 15k/36
    2) Any new incentives from Acura when compared to September (lease cash of $2250 or anything new?)

    Apparently 2016's are slowly trickling into the dealerships so I'm assuming 2015's need to move more than ever..

    Thanks for your help!

    The September program continues through 11/2/15. No changes

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

This discussion has been closed.