2017 Acura ILX Lease Questions

Tu

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

kyfdx

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.

Tu

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?

kyfdx

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.

Tu

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.

kyfdx

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.

Tu

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.

Michaell

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.

Tu

@Michaell, thank you. We feel we got a great deal.

sorgaw

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

kyfdx

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.

sorgaw

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.

kyfdx

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