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MF, RV, Credits for 2018 & 2019 Acura TLX Tech/Adv V6
What is the Money Factor, Residual Value, credits on a 2018 & 2019 Acura TLX Tech/Adv V6 on zip code 33027 and 10552. 15k/36 months
Also, I noticed that the 2018 model has three different Packages:
1. Tech
2. ASpec
3. Adv
Can each Package be ordered separately on its own or if Adv is chosen one would also have to purchase the Tech?
Thank you.
Best Answers

kyfdx Moderator Posts: 246,674
There are no lease programs for 2018 modelscanesmacker said:Hi, new to the board and first post.
What is the Money Factor, Residual Value, credits on a 2018 & 2019 Acura TLX Tech/Adv V6 on zip code 33027 and 10552. 15k/36 months Thank you.
2019
.00215 MF and 44% residual
$9400 incentive
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Michaell Moderator Posts: 247,667
Numbers provided are for leasing.canesmacker said:Thanks for the 2019 numbers  much appreciated.
I apologize  I did not clarify that I am looking to lease the 2019 not purchase. I assume that changes the numbers provided?
Why are there no lease programs for 2018 models? Is it too late in the year or dealers just don't lease the previous year models due to RV issues?
The 2018 numbers expired some months back, when inventory got low enough.Edmunds Price Checker
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Michaell Moderator Posts: 247,667
$9400 is correct  and, very high. And, national.canesmacker said:Also, that $9400 incentive is quite high. Is that a good number for Westchester County, NY?
What is the MF, RV, incentive for 10k/36?
47% RV for 36/10
Same MF, regardless of term and mileage.Edmunds Price Checker
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kyfdx Moderator Posts: 246,674
You can't capitalize taxes in FL, as they are levied each month on the payment.canesmacker said:So let me throw a twist in the equation. I live in NY but have the car registered in FL. How does that effect the tax and monthly payments? What are my options as i believe on 2015 TLX I obviously capitalized the $904 FL taxes but may have paid the ~8.875% NY sales tax upfront. I have to check my actual Lease Agreement to be sure.
You definitely don't want to lease in NY, pay NY tax upfront, then reregister in FL, and start paying sales tax on the monthly payment.Edmunds Price Checker
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kyfdx Moderator Posts: 246,674
Capitalizing fees just means you are adding them to the CAP cost. The dealer can't "doubledip". Anything you pay upfront is NOT being capitalized, by definition.canesmacker said:Another question in re to the Capitalized Costs  what fees can actually be capitalized? I know for a fact I had to pay the Bank Fee, Security Deposit, Registration Fees and some other admin fees to walk out the door w/the car ~ $1500. The dealer would be double dipping if they also capitalized these fees  correct?
Also, can the Dealer Incentive of $9400 be combined with the Loyalty Incentive of $1250? I'm assuming every things negotiable?
You can capitalize anything, even the first payment, if you have good credit, and wish to do it.
The calculation for monthly finance charges on the lease is:
(Residual + adjusted CAP cost) X MF = monthly finance chargeEdmunds Price Checker
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kyfdx Moderator Posts: 246,674
Loyalty should be additional.canesmacker said:Also, can the Dealer Incentive of $9400 be combined with the Loyalty Incentive of $1250? I'm assuming every things negotiable?
But, you won't "see" the dealer incentive. It will be reflected in a low selling price.Edmunds Price Checker
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Answers
I apologize  I did not clarify that I am looking to lease the 2019 not purchase. I assume that changes the numbers provided?
Why are there no lease programs for 2018 models? Is it too late in the year or dealers just don't lease the previous year models due to RV issues?
What is the MF, RV, incentive for 10k/36?
1. No money down. However, must pay upfront BF & LM.
2. MSRP = $46,945
3. FI (Factory Invoice) = $43,310 + DF + AF = $44,605
4. DF (Destination Fee) = $995
5. AF (Advertising Fee) = $300
6. DI (Dealer Incentive) = $9,400
7. SP (Selling Price) = FI  DI = $44,605  $9400 = $34,665
8. BF (Bank Fee) = $595
9. LM (Last Month Lease Payment) = $500
10. OP (Options) = $916
11. Taxes  $904 or $25.11/month  for Broward County, FL.
12. Capitalized Cost (CC) = SP + OP + Taxes = $34,665 + $916 + $904 = $36,485
13. Residual Value (RV) = MSRP * RV = $46,945 * .47 = $22,064
14. Total Depreciation (TD) = CCRV = $36.485$22,064 = $14,421
15. Monthly Depreciation (MD) = TD/36M = $14,421/36 = $400.58
16. Monthly Interest (MI) = (RV+TD)*MF = ($22,064+$14,421)*0.00215 = $78.44
17. PreTax Monthly Payment (PT) = MD+MI = $400.58 + $78.44 = $479.02 (since I capitalized the items in 12 above).
18. So my monthly payment would be $479.02
The Monthly Interest (MI) due to a MF of 0.00215 seems very high  is that correct?
The calculation on row 16 is wrong  it is the capitalized cost plus the residual value, multiplied by the MF ($125.88/mo)
And, FL taxes the monthly payment  the $904 on line 11 is the tax on the incentives and fees. You also have to take the pretax monthly payment and multiply it by the tax rate.
I get $563/mo, with tax included (7%?)
The MF is high, but the $9400 in lease incentives is meant to offset that.
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I've always used the following equation to determine the Monthly Interest  (RV+TD)*MF
13. Residual Value (RV) = MSRP * RV = $46,945 * .47 = $22,064
14. Total Depreciation (TD) = CCRV = $36.485$22,064 = $14,421
Why does the Monthly Interest consist of the (Capitalized Costs + RV)*MF?
What am I missing? Where can I find the source for these calculations and equations?
Not doubting you as you have undoubtedly forgotten more than I'll ever know on this subject.
Just curious.
Also, $563/mo is too high. I'm leasing the same 2015 model, same options for $448/mo. What has contributed to the higher monthly payment between the 2015 & 2019 models? The data above is basically identical to what I calculated and the figures used for my 2015 TLX.
In re to the 7% sales tax, I don't believe that is added to the monthly payment but rather paid upfront. Please confirm if that is indeed a possibility or a requirement to be baked into the monthly payment.
Also, what's the MF, RV, incentive for the same 2020 trim?
https://www.edmunds.com/carleasing/calculateyourownleasepayment.html
Whoops, you are correct about tax  for some reason, I thought you were in FL.
NY taxes the sum of the payments, and collects that money up front. You can choose to add it into the monthly payment, but we don't recommend that in NY. If you do, you pay tax on the tax.
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Also, can the Dealer Incentive of $9400 be combined with the Loyalty Incentive of $1250? I'm assuming every things negotiable?
But, can't hurt to try. Dealer can say no, and give you a counter offer.
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That makes the delta between purchase/lease price of $3400
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What I'm still struggling with is how I get to 7 & 8 below  the final incentive value and the adjusted cap cost. Can you review my assumptions and calculations because $681.82/mo is too high. I mean I don't believe there's any way I'm getting the car for $38,202  maybe $40k42 range but who knows because I will ask for $38.2.
1. Sticker price (MSRP) of the car $45,950 + $995 = $46,945
2. Times the residual value percentage (RV%) = 0.47
3. Equals the residual value (RV) = $22,064
4. Negotiated selling price of car = $38,202
5. Add in fees OPT + Admin + Taxes + BF + Sec Dep:
$914 + 350 + 904 + 595 + 500 = $3263
6. Add lines 4 and 5 to get gross capitalized cost = $41,465
7. Subtract your down payment and rebates:
Dealer Incentive $9,400$8,743=$657  I calculated this as follows  is this a correct assumption: $46,945  $38,202 = $8,743
Loyalty Incentive $1,250
Total = $657 + 1250 = $1907
8. This is your adjusted capitalized cost (CC) = $41,465  $1907 = $39,558
9. Subtract the residual value from adjusted capitalized cost. This is your depreciation amount:
CCRV = $39,558  $22,064 = $17,494
10. Divide the depreciation amount by the number of months in your lease. This will be your base payment.
$17,494/36 = $485.94
11. Add the adjusted capitalized cost and the residual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
(CC+RV) x 0.00215 = ($39,558 + $22,064) x 0.00215 = $132.49
12. Add the rent charge to your base payment to get your pretax lease payment:
$485.94 + $132.49 = $618.43
13. Multiply your tax rate by the pretax lease payment to get the total lease payment:
($618.43 x 1.1025) + $618.43 = $681.82
1. Sticker price (MSRP) of the car $45,950 + $995 = $46,945
2. Times the residual value percentage (RV%) = 0.47
3. Equals the residual value (RV) = $22,064
4. Negotiated selling price of car = $38,202 or $40,472
5. Add in fees OPT + Admin + Taxes + BF + Sec Dep:
$914 + 350 + 904 + 595 + 500 = $3263
6. Add lines 4 and 5 to get gross capitalized cost = $41,465 or $43,735
7. Subtract your down payment and rebates:
Dealer Incentive $9,400
Loyalty Incentive $1,250
Total = Will not include the Loyalty for now  need to see what the dealer will provide in incentives.
8. This is your adjusted capitalized cost (CC):
$41,465  $9,400 = $32,065
or
$43,735  $9,400 = $34,355
9. Subtract the residual value from adjusted capitalized cost. This is your depreciation amount:
CCRV = $32,065  $22,064 = $10,001
or
CCRV = $34,355  $22,064 = $12,271
10. Divide the depreciation amount by the number of months in your lease. This will be your base payment.
$10,001/36 = $277.80
or
$12,271/36 = $340.86
11. Add the adjusted capitalized cost and the residual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
(CC+RV) x 0.00215 = ($32,065 + $22,064) x 0.00215 = $116.38
or
(CC+RV) x 0.00215 = ($34,355 + $22,064) x 0.00215 = $121.26
12. Add the rent charge to your base payment to get your pretax lease payment:
$277.80 + $116.38 = $394.18
or
$340.86 + $121.26 = $462.12
13. Multiply your tax rate by the pretax lease payment to get the total lease payment:
($394.18 x 1.1025) + $394.18 = $434.58
or
($462.12 x 1.1025) + $462.12 = $509.48
TMV is the average purchase price including Acuratodealer incentives, taken from actual transactions from Edmunds dealer partners.
If TMV is $38202, then deduct another $3400 for a lease, as the incentives are bigger.
This results in a selling price of $34802. That's $12140 under MSRP, but considering the $9400 incentive, not all that aggressive.
You'll have to explain these charges to me, as they don't seem right for NY:
5. Add in fees OPT + Admin + Taxes + BF + Sec Dep:
$914 + 350 + 904 + 595 + 500 = $3263
I get $595 for acq.fee, but what is OPT and Admin? How did you calculate the tax?
After you add whatever charges you come up with (don't add in the security deposit, as that would have to be paid upfront), the only thing to subtract is the $1250 loyalty. As the Acuratodealer incentive is already reflected in the selling price of $34,802.
After that, your calculation method seems okay.
Exactly what state is this?
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Body Side Molding$259
Front Splash Guards$108
Rear Splash Guards$108
Front Underbody Spoiler$441
Wheel Locks$56
OPT = $914
Admin Fees  are the dealer fees such as running a credit report, etc. $350 is high but w/o looking at my last lease agreement, I took a high swag.
$595 is called a Bank Fee or Acq Fee  both the same I believe.
Tax  I just used the last amount I was charged as an estimate. Assume it will be similar.
So I am leasing the car in NY but it will be registered in FL.
No different from what I've done on all my leases. However, makes the tax issue a bit confusing so any help here would be great. I will get my hands on my lease agreement and advise how it was calculated on my 2015 TLX V6 SHAWD ADV.
What's the other $3400  where did that come from?
Dealer options are a great way to kill a lease deal. None of those are residualized. That will add about $30/mo. to your payment. The rest of that seems okay, but as I mentioned, leave out the security deposit.
$46905 MSRP
$34802 + $914 + $350 + $595 acq.fee + $87 tax on rebate (FL upfront tax)
= $36748 Gross CAP
 $1250 loyalty
= $35498 Adjusted CAP
.00215 MF
47% residual
$497.40/mo + 7% FL sales tax = $532.22/mo.
Due at Signing: $532.22 + $550 security deposit = $1082.22
You might be able to do better than that, but that's the math using TMV as a sale price for purchase, then subtracting the additional incentives on a lease.
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What am I getting for an addtnl $90/mo in the 2019 TLX?
I'll guess the 2019 has an MSRP that is at least $4K higher than in 2015.
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https://forums.edmunds.com/discussion/55639/acura/tlx/2020acuratlxleasedealsandprices#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP  $46,495
Lease Incentive = $7650
Loyalty Incentive = $750
He took off $9,995 from the MSRP = $46,495  $9,995 = $36,500 (I will provide a Selling Price of $33,300 to get the monthly payment down to $475/mo)
FL tax  $1,440/36M upfront fee + motor vehicle fees = $2000 upfront approx.
So monthly payment minus the FL 7% Tax is $495/mo.
With tax = $570
Please copy and paste to the thread I linked to earlier.
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