2018 Acura ILX Lease Deals and Prices

kyfdx

nonamed said:

Is there a lease support for Acura CPO/Loaner car? I've requested a quote to a dealership for 2018 ILX acurawatch has 2600 miles on it. The msrp is 30365 and the selling price is 24991 and They offered me $460
for the used car and $367 for a new car. 0 down for 36/12k. They told me that RV and MF are higher on a used car than on a new car. Is this correct information? I thought used cars go with the same program as new cars.

I don't know for sure... but, why would they tell you that, if it wasn't true?

I don't know Acura's policy on leasing demo/service loaners. Looks like they don't get the new car program.

nonamed

Thank you. One more thing to ask.What is the difference between rebate, lease cash, lease credit and incentives. It makes me really confused when I try to research the price of a car on Edmunds or other auto sites whether the incentives or rebate or whatever is included or not. Is it OK to assume that dealerships did not include $5625 incentives when Edmunds shows the discount is $3000~$4000 from the Msrp?

kyfdx

nonamed said:

Thank you. One more thing to ask.What is the difference between rebate, lease cash, lease credit and incentives. It makes me really confused when I try to research the price of a car on Edmunds or other auto sites whether the incentives or rebate or whatever is included or not. Is it OK to assume that dealerships did not include $5625 incentives when Edmunds shows the discount is $3000~$4000 from the Msrp?

In this case, all of the incentives on the ILX are Acura-to-dealer incentives.

When you negotiate your lease selling price, the price given will account for all incentives. Nothing to be subtracted later.

The reason that the Edmunds TMV price is higher, is $1850 of the incentive is good for purchase or lease, while the other $3775 is for lease only.

nonamed

So you mean Lets say Msrp is $30395 and invoice is 28928 and TMV is 24699. In this case, only 1850 is included in TMV and I can add another 3775 to TMV right? so my target price would be 20924?

kyfdx

nonamed said:

So you mean Lets say Msrp is $30395 and invoice is 28928 and TMV is 24699. In this case, only 1850 is included in TMV and I can add another 3775 to TMV right? so my target price would be 20924?

If that were the case, but I doubt those are the numbers..
That seems unrealistic.

And.. I'm not going to vouch for "no mistakes" in TMV.
If it seems to good to be true, it probably is. If your $30K MSRP vehicle lease payment calculates to $210/mo, then you've probably made an incorrect assumption. TMV is just a guideline, not an offer from the dealer.

jett456

Hi,
my ILX premium 16 lease is up soon.  My new payment will be higher.  The money factor is higher and residual lower.  Is this a good deal? $330.  Dealer is using  7000 miles to bring down payment (I have a lot of rollover miles from 2013 ILX.)
$25723 is net cap cost which includes first payment and DMV and bank fees (700).  Residual is 15532.50. I’m in CT.

thanks.

Michaell

jett456 said:

Hi,
my ILX premium 16 lease is up soon.  My new payment will be higher.  The money factor is higher and residual lower.  Is this a good deal? $330.  Dealer is using  7000 miles to bring down payment (I have a lot of rollover miles from 2013 ILX.)
$25723 is net cap cost which includes first payment and DMV and bank fees (700).  Residual is 15532.50. I’m in CT.

thanks.

What lease term and how many miles per year?
What is the MSRP?

jett456

MSRP 31065
36 mos, 7500 miles
330 payment includes tax
Total upfront $424 - conveyance fee

thanks

kyfdx

jett456 said:

MSRP 31065
36 mos, 7500 miles
330 payment includes tax
Total upfront $424 - conveyance fee

thanks

The calculations look good.
So, your 7000 miles get rolled over to the new lease? On top of the 22,500 miles you contracted for?

ZERO out of pocket at lease signing?

jett456

Acura loyalty has mileage rollover which gets added into new lease as well as additional 750 excess wear and tear.
$424 at lease signing.

kyfdx

jett456 said:

Acura loyalty has mileage rollover which gets added into new lease as well as additional 750 excess wear and tear.
$424 at lease signing.

It seems like a reasonable deal.

nonamed

Any changes in August? 08854 36/12k acurawatch and base

kyfdx

nonamed said:

Any changes in August? 08854 36/12k acurawatch and base

No changes

ryan4758

Are MF, Residual, dealer cash all the same across the trim levels for a lease?

In SoCal, looking to lease a 2018 ILX Premium, want to confirm the following:
MF 0.00066
Residual is 50% for 36/12k
$5,625 dealer cash

Also, what is residual % for 36/15k?

Thanks!

Michaell

ryan4758 said:

Are MF, Residual, dealer cash all the same across the trim levels for a lease?

In SoCal, looking to lease a 2018 ILX Premium, want to confirm the following:
MF 0.00066
Residual is 50% for 36/12k
$5,625 dealer cash

Also, what is residual % for 36/15k?

Thanks!

I show .00066 and 48% for 36/12
$5625 dealer cash

46% for 36/15

50% is 36/12 residual for Base or SE trim, only

jett456

What’s residual for 2018 Premium with 7500k per year.  Still 50%?

Michaell

jett456 said:

What’s residual for 2018 Premium with 7500k per year.  Still 50%?

Correct

wadecounty

Hi,

Could I please get information including MF, residual, and incentives for the 2018 Acura ILX premium trim around zip code 33156? 36 months/12k miles.

Thanks in advance!

Michaell

wadecounty said:

Hi,

Could I please get information including MF, residual, and incentives for the 2018 Acura ILX premium trim around zip code 33156? 36 months/12k miles.

Thanks in advance!

.00066 and 48%
$5625 lease cash

gsgentry

MF and RV for 2018 Acura ILX w/ Technology Plus Package... 36 month and 12k a year. 32259 zip code.

kyfdx

gsgentry said:

MF and RV for 2018 Acura ILX w/ Technology Plus Package... 36 month and 12k a year. 32259 zip code.

.00066 MF and 48% residual
$5625 incentive

jay1492

MF and Residual for 2018 Acura ILX Premium and Technology Plus Packages, 10k miles 24 months? Zip code 44122. Thanks!

kyfdx

jay1492 said:

MF and Residual for 2018 Acura ILX Premium and Technology Plus Packages, 10k miles 24 months? Zip code 44122. Thanks!

.00066 MF and 55% residual
$5625 incentive

chelsea23

Hi I am trying to negotiate a lease for 2018 ILX in East Brunswick NJ 08816 and they are telling me there is no $5625 incentive and I can't find anything on Acura website. What do I tell them the incentive is from? Thank you in advance.

jett456

https://www.edmunds.com/acura/ilx/2018/deals/

Michaell

jett456 said:

https://www.edmunds.com/acura/ilx/2018/deals/

Exactly.

kyfdx

chelsea23 said:

Hi I am trying to negotiate a lease for 2018 ILX in East Brunswick NJ 08816 and they are telling me there is no $5625 incentive and I can't find anything on Acura website. What do I tell them the incentive is from? Thank you in advance.

The incentive is Acura-to-dealer. They aren't required to disclose it. But, you should see it in the discount from MSRP. Your discount should be well in excess of $5625.

chelsea23

kyfdx said:

chelsea23 said:

Hi I am trying to negotiate a lease for 2018 ILX in East Brunswick NJ 08816 and they are telling me there is no $5625 incentive and I can't find anything on Acura website. What do I tell them the incentive is from? Thank you in advance.

The incentive is Acura-to-dealer. They aren't required to disclose it. But, you should see it in the discount from MSRP. Your discount should be well in excess of $5625.

Thank you, that is what i figured, i still could not see it in the link about.

xmjx

Hi, I'm interested in the MF and residual for an ILX with Premium package - 36 mo/12k miles per year for Illinois. Are there any additional incentives? Thanks.

kyfdx

xmjx said:

Hi, I'm interested in the MF and residual for an ILX with Premium package - 36 mo/12k miles per year for Illinois. Are there any additional incentives? Thanks.

.00066 MF and 48% residual
$5625 incentive

Pacspud

Base ILX, 12k, 36 mo, 95747 - MF, Residual and any incentive please 

Michaell

Pacspud said:

Base ILX, 12k, 36 mo, 95747 - MF, Residual and any incentive please 

.00066 and 50%
$5625 lease cash

wunder1234

Any updates for September on Base 36/12K 07450?

caleb2483

2018 ILX base, se, and tech package for 22015.

36/12
36/10

Michaell

wunder1234 said:

Any updates for September on Base 36/12K 07450?

.00052 and 49%
$5625 lease cash

Michaell

caleb2483 said:

2018 ILX base, se, and tech package for 22015.

36/12
36/10

36/12
.00052 and 49% (base and SE) or 47% (Tech)
$5625 lease cash

rayben2553

Please provide the MF, RV and any incentives on a 2018 ILX base and SE, 36/12, 36/10, 36/705 in San Dieog and Los Angeles. Thanks.

kyfdx

rayben2553 said:

Please provide the MF, RV and any incentives on a 2018 ILX base and SE, 36/12, 36/10, 36/705 in San Dieog and Los Angeles. Thanks.

36/12
.00052 MF
49% residual
$5625 incentive
Add 1% or 2% for 10K/7.5K

Either trim

aguzman115

i am interested in the f and rv of a 2018 acura ilx with premium package at 31095 msrp. 15k a year. zip code 08723. thank you in advance

Michaell

aguzman115 said:

i am interested in the f and rv of a 2018 acura ilx with premium package at 31095 msrp. 15k a year. zip code 08723. thank you in advance

What lease term?

aguzman115

Michaell said:

i am interested in the f and rv of a 2018 acura ilx with premium package at 31095 msrp. 15k a year. zip code 08723. thank you in advance

What lease term?

36 months 15k 

Michaell

aguzman115 said:

Michaell said:

aguzman115 said:

i am interested in the f and rv of a 2018 acura ilx with premium package at 31095 msrp. 15k a year. zip code 08723. thank you in advance

What lease term?

36 months 15k 

.00052 and 45%
$5625 lease incentive

jett456

Hi,
whats the residual for 7500 miles for a Premium. My payment has gone up a few dollars since the money factor and residual went down.

kyfdx

jett456 said:

Hi,
whats the residual for 7500 miles for a Premium. My payment has gone up a few dollars since the money factor and residual went down.

49% for 36/7.5K

Psten373

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

Michaell

Psten373 said:

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

36 month, 7500 miles per year?

I get $214/mo plus tax, so the quote looks to be a bit high.

What state and tax rate is this?

Psten373

Thank you for the feedback. The state tax is 7%. I apologize the Cap Cost was 22,250.

Michaell said:

Psten373 said:

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

36 month, 7500 miles per year?

I get $214/mo plus tax, so the quote looks to be a bit high.

What state and tax rate is this?

Michaell

Psten373 said:

Thank you for the feedback. The state tax is 7%. I apologize the Cap Cost was 22,250.

Michaell said:

Psten373 said:

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

36 month, 7500 miles per year?

I get $214/mo plus tax, so the quote looks to be a bit high.

What state and tax rate is this?

Then, the payment is even less.

What state is this?

Psten373

Michaell said:

Psten373 said:

Thank you for the feedback. The state tax is 7%. I apologize the Cap Cost was 22,250.

Michaell said:

Psten373 said:

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

36 month, 7500 miles per year?

I get $214/mo plus tax, so the quote looks to be a bit high.

What state and tax rate is this?

Then, the payment is even less.

What state is this?

Thank you for the feedback, state is Pennsylvania. Here's what I am getting for the breakdown.

Sale Price: $20,925
Bank fee: $595
Doc Fee: $495 (Seems a bit high)
Reg. fee + taxes: $235 (Estimated)
Total Cost: $22,250

Residual: $14,839 (RV .51 for 7,500/36months)

Depreciation + Interest: $7,411.00+$694.31 (0.00052 MF).

Base pmt: $225.15
Tax: $15.76 (7%)
Monthly: $240.91 (with first payment made upfront).

Am I off on something?

kyfdx

Psten373 said:

Michaell said:

Psten373 said:

Thank you for the feedback. The state tax is 7%. I apologize the Cap Cost was 22,250.

Michaell said:

Psten373 said:

Hi Folks,

Have an offer on hand 2018 ILX Base (MSRP 29,065). Res. 51% Sale price 21,200 cap cost 22,425.
First payment due upfront $244, and 35 payments of $245. How am I doing? Seems like a relatively straightforward and transparent deal on the part of the dealer. Look forward to some feedback from the community on this offer.

sorry, forgot to add base mf 0.00052. Monthly payments $244 not $245.

36 month, 7500 miles per year?

I get $214/mo plus tax, so the quote looks to be a bit high.

What state and tax rate is this?

Then, the payment is even less.

What state is this?

Thank you for the feedback, state is Pennsylvania. Here's what I am getting for the breakdown.

Sale Price: $20,925
Bank fee: $595
Doc Fee: $495 (Seems a bit high)
Reg. fee + taxes: $235 (Estimated)
Total Cost: $22,250

Residual: $14,839 (RV .51 for 7,500/36months)

Depreciation + Interest: $7,411.00+$694.31 (0.00052 MF).

Base pmt: $225.15
Tax: $15.76 (7%)
Monthly: $240.91 (with first payment made upfront).

Am I off on something?

3% extra tax on leases in PA, so your rate is 10%, not 7%.

.00052 MF and 51% residual for 36/7.5K
$5625 incentive

That gives me $225/mo.+tax = $247.50/mo.

That's pretty close. Looks like a good deal.

(Add $9/mo. for 10K/yr... that's cheap, if you need the miles)