2017 Acura ILX Lease Questions

TuTu Member Posts: 56
edited August 2016 in Acura
I've tried to get a lease quote but the dealership has only given me the sales price.

MSRP $28,930
Sales Price $25,930

Can you give me an idea of what a 15,000 mile lease would be for Virgina (4.2% sales tax) $115 for tags and $599 processing fee with just the 1st month's payment due and is there a lease credit?

Thank you,

Kent

Comments

  • kyfdxkyfdx Moderator Posts: 232,939
    jacob0218 said:

    I've tried to get a lease quote but the dealership has only given me the sales price.

    MSRP $28,930
    Sales Price $25,930

    Can you give me an idea of what a 15,000 mile lease would be for Virgina (4.2% sales tax) $115 for tags and $599 processing fee with just the 1st month's payment due and is there a lease credit?

    Thank you,

    Kent

    I'll assume this is a base model
    .00106 MF and 54% residual
    $1500 lease cash + $1000 bonus lease cash
    ($3000 off doesn't seem like so much, given the lease cash).
    $25930
    $595 acq.fee
    $1115 tax
    $599 processing fee (yikes!)
    $115 tags
    $28354 total

    $400/mo. with just first payment due at signing.
    That would be a terrible deal.


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  • TuTu Member Posts: 56
    So $400 a month is bad?

    Here is what they quoted me;

    Sales Price $25,930
    VA Sales tax $1,100.95
    Title and Fees $710.83
    Total $27,741.78
    $401 due at signing

    If there's a $2,500 lease credit, then can I get it down to $325 per month?
  • kyfdxkyfdx Moderator Posts: 232,939
    jacob0218 said:

    So $400 a month is bad?

    Here is what they quoted me;

    Sales Price $25,930
    VA Sales tax $1,100.95
    Title and Fees $710.83
    Total $27,741.78
    $401 due at signing

    If there's a $2,500 lease credit, then can I get it down to $325 per month?

    Yes, $400/mo. for a $29K vehicle is not a bargain. If they are quoting you $401/mo, then their price already includes the lease incentives.

    I would guess you can hit $350/mo., if you shop around.

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  • TuTu Member Posts: 56
    I asked for $300 down and $300 per month and he replied they can do it. Will visit them tomorrow and see if it's true.
  • kyfdxkyfdx Moderator Posts: 232,939
    jacob0218 said:

    I asked for $300 down and $300 per month and he replied they can do it. Will visit them tomorrow and see if it's true.

    Good luck. Let us know how it goes.

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  • TuTu Member Posts: 56
    I went there and decided to get the ILX Premium, which was exactly $2,000 more. It added $29 per month and I added the wheel/tire warranty and tinted window. Total out of pocket is $346 and $346 per month.
  • MichaellMichaell Moderator Posts: 238,138
    jacob0218 said:

    I went there and decided to get the ILX Premium, which was exactly $2,000 more. It added $29 per month and I added the wheel/tire warranty and tinted window. Total out of pocket is $346 and $346 per month.

    Congrats! Enjoy the new Acura.

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  • TuTu Member Posts: 56
    @Michaell, thank you. We feel we got a great deal.
  • sorgawsorgaw Member Posts: 10
    Hi, may I get the MF and residual for the 17 ILX base and with Acurawatch package, both 10k and 12k. Thank you!
  • kyfdxkyfdx Moderator Posts: 232,939
    sorgaw said:

    Hi, may I get the MF and residual for the 17 ILX base and with Acurawatch package, both 10k and 12k. Thank you!

    .00106 MF and 56%/57% residual for Base,
    Subtract 2% for all other trims.
    $2500 total lease cash.

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  • sorgawsorgaw Member Posts: 10
    Thank you kyfdx!

    3 questions:
    1) Acura's own website lists 2 special leases for the 2017 base ILX with same MSRP, but different net cap cost. One has $22178.40 as net cap cost, and the other has $23912.35. Do you why the discrepancy? Here is the link: http://www.acura.com/tools/shopping/CurrentOffersFinance.aspx?model=ILX&zip=94606
    2) Is "AcuraWatch plus" consider a base trim or all other trim? Since some websites list it as "base w/ AcuraWatch plus".
    3) Could you confirm $2500 is for all trim? I read somewhere that base trim gets $2000, but other trims get $2500.

    Thank you so much in advance!
    kyfdx said:



    .00106 MF and 56%/57% residual for Base,
    Subtract 2% for all other trims.
    $2500 total lease cash.

  • kyfdxkyfdx Moderator Posts: 232,939
    sorgaw said:

    Thank you kyfdx!

    3 questions:
    1) Acura's own website lists 2 special leases for the 2017 base ILX with same MSRP, but different net cap cost. One has $22178.40 as net cap cost, and the other has $23912.35. Do you why the discrepancy? Here is the link: http://www.acura.com/tools/shopping/CurrentOffersFinance.aspx?model=ILX&zip=94606
    2) Is "AcuraWatch plus" consider a base trim or all other trim? Since some websites list it as "base w/ AcuraWatch plus".
    3) Could you confirm $2500 is for all trim? I read somewhere that base trim gets $2000, but other trims get $2500.

    Thank you so much in advance!


    kyfdx said:



    .00106 MF and 56%/57% residual for Base,
    Subtract 2% for all other trims.
    $2500 total lease cash.

    No clue about the offers on the website. As you note, that makes no sense.

    On the 2017 it's $2500 for all models.

    AcuraWatch PLUS is part of the all other trims

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