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Lease Numbers do not add up?
LokiJodinson
Member Posts: 2
I just got back from a dealership and the numbers on the 2021 TLX AWD Tech package don't add up. Any help would be appreciated.
MSRP: $45,025
Discount: $500
Rebate: $2,500
Adj. Price: $42,025
Doc Fee: $795
Tax: $1,777.03
Tags: $212.78
Balance: $44,809
Residual: 57%
Money Factor: 0.00066
Monthly Payment with $2,500 down is $564.
Any feedback would be appreciated.
MSRP: $45,025
Discount: $500
Rebate: $2,500
Adj. Price: $42,025
Doc Fee: $795
Tax: $1,777.03
Tags: $212.78
Balance: $44,809
Residual: 57%
Money Factor: 0.00066
Monthly Payment with $2,500 down is $564.
Any feedback would be appreciated.
0
Comments
$2500 total out of pocket, or $2500 plus first payment?
The MF on the TLX is .00040, not .00066 (that happens to be the base MF on the Honda Accord, however). We don't see Acura dealers marking up the MF.
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.00040 MF for Tiers 1-3
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I live in Fairfax, VA. $2500 total money out of pocket which I am guessing will be inclusive of the first payment. Not sure why they would change the money factor and try to hit me with a tier 13 credit. I have owned multiple Acura's and should be in the 745+. I know there is shortage but that's really not cool.
I live in Fairfax, VA. $2500 total money out of pocket which I am guessing will be inclusive of the first payment. Not sure why they would change the money factor and try to hit me with a tier 13 credit. I have owned multiple Acura's and should be in the 745+. I know there is shortage but that's really not cool.
I wouldn't guess - I'd get an itemized list of what the $2500 covers. VA collects sales tax on the entire selling price, too, so I'd want to be clear about that, also.
It's possible that they quoted you the higher MF since they haven't pulled your credit yet.
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