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Just checking back to see if you were able to get any info about additional dealer cash on the TSX in June.
Gracias,
Theking72
I was offered 2009 with TECH package 455.00 month 12/36
2010 Base Model 440.00 Per month
Both include tax of 6%.
Somebody previously wrote there were some models with the tech package 09s in S. Fla.
Dont think I will bite on these.
Rob
Rob
Remember never fall in love with something that cant love you back.
Rob
Rob
Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.
For example, a customer once leased a Toyota 4Runner and put $3,000
down as a cap reduction. Five months later the vehicle was totaled in an
accident. The client's insurance paid its portion of the lease payoff and
Gap Insurance paid the balance. Our client walked away with only paying
his insurance deductible but he did not get reimbursed for his initial down
payment of $3,000. It was lost.
The moral of this true story is to put as little money down as possible,
ideally no money down. Here are some other things to consider:
- Money down is taxable
- Take the money you would have put down and invest it
- Put your down payment in a savings account and use a portion each month to help make your lease payment
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
The deal I got was $2,400 down to pay taxes( i know you advocate not putting anything down, but does that include taxes/title etc?). M.S.R.P. is $32,820, selling price $28,991. Lease is $388.00/month. Residual value is .56% and the money factor is .00198, approximately 4.7% with approved credit, client must have a credit score of 710 or higher.
Is this inline
rob
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
2009 TSX Tech
$3999 down
$299/month + tax
MF was .00198
10k/year
I didn't ask about the residual - I just wanted the down and payment.
is this good?
You only want sign and drive. Never put anything down. Honda leases are 12K standard..
Rob
Matt
rob
I will be putting only taxes fees and first month payment upfront which is approx 2500.
Selling price = 31,500
money factor = .00198
Resid = 59%
miles = 10k/yr
Ive noticed that the residuals do not change from 10-12k/yr so i was thinking of telling the dealer that i would like 12k/year. I was planning on offering 375/mo and ill make the deal. Do you think that is a reasonable offer or could i get away with a better one? The car is a leftover 09 that has been sitting on the showroom floor. I figure everyone and their brother has been in the car and tcouhed everything. It is white with black int.
Any help is great, thanks
Rob
I tired to get tsx tech in NY
here's few quotes i got
Tech 2009
36m/10k
white/black - $359 p/m + $2900 (includes tax in NY and 1st payment etc)
silver/black - $345 p/m + $2500 (includes tax in NY and 1st payment etc)
do you think they are good deals ?
I bought my 09 tsx base model 3 weeks ago in NJ. I paid 1850 at signing (incl 1st month) and $329/month 36m/12k.
I think I wouldve taken a tech if i was offered a deal like yours
I would love to get 12k for the same price
any pointers how to approach the whole situation ??
What I did is cited this forum to my dealer....I kinda made it up. You can tell him that multiple people in NYC area are showing the prices theyve been paying on the forum. Theyre all getting similar prices but theyre getting 12k. He will not let that be the dealbreaker. But if he does, you call his bluff, and tell him "i hope you understand but I need to check with other dealers in the area to see if they would give me 12k (since you know of specific dealers already that do 'wink wink')
If nothing else, you call him back the next day, and do the deal. Hes not gonna let you walk away though. Their usual line is either "well i dont know what the 'points' on the car are going to be if you dont take it now" or "Ive had quite a few people coming in here buying tsx techs this week"
All complete bull!!!! The internet has changed the industry.
If you tell him you know someone who got a better deal in the area, he would have to understand that you want the same deal. In any case, going to 12k shouldnt affect price.....you could even tell him you realized you need more mileage than you thought you would.
if you gusy are only getting to 30k on a TSX w/tech, why not spend antoher 4k to hget into a TL. huge difference in car.
OR - will Acura really sell/dump the TSX w/tech for a TON less than you guys are gertting them for?? i suspect there may be more margin/profit in the TL so they can dump the price lower.... making it in some ways a better buy
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Any word on what the incentives will be on the TSX starting July 6?
Thanks
Matt
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
On an Acura, finding out the money factor and residual value is much less important than finding out the selling price of the car that you're interested in. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a dealer discount you are being given.
The dealer invoice price of a 2009 Acura TSX Tech is $30,474. If you subtract the $1,250 dealer cash that Acura is providing on this model from that it drops to $29,224. The selling price that you were quoted is even lower than that. This is a very good deal.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I've had a heck of a time trying to get the dealers in my area (Seattle) to get close to invoice with the 1250.00. If I could get invoice with another 1250.00 below I would be a happy camper. Are there issues with going to another state an leasing a car? I have a feeling I might have to do that.
Thanks for your help
Matt
I'm really not sure to this day if I got bad info about the Acura.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
This was their offer to me with $3,000 down....security$389, bank fee $595,NYSST $1310. Capcost$600 leas efor 389./mo 36 /12
I'll take any advice
Rob
The whole point of putting money down on these lease specials, it seems to me, is to get lower monthly payments--quite a big deal to most folks. I personally haven't decided on lease or buy, 2009 or 2010, but low monthly payments are big to me for just a 3 year lease and doesn't seem all that risky.
I laugh at those like you that just dont get it. There is no benefit to the lesee. The idea of a lease is not to put down money. Here is an example.
300 a Month with 3600 Down (I use 3600 for a round number)
400 a month sign and drive
Why not put down 7200.00 and call your car payment 200 a month if it makes you feel better. cap costs make the dealer look like you are getting a better deal than you are.
Do you think the 300 a month is a better deal? You are buying down the lease, sort of a prepay with no benefit pricewise to you.
I think if most folks think 3000 down is good than most folks dont have a clue. Clark Howard mentions leases and calls them fleeces. I have done exceptional over the past 15 or more years leasing cars. I find the best deals with no nonsense.
As it has been mention a million times. Any money down on a lease is lost if the car is stolen and not recovered or totalled in an accident etc. If you are mentioning the ads on tv call the dealer and just ask for sign and drive, no cap cost. Its as simple as that.
rob
Will the 2010's be more per month than 09?
I, too, co-sign this movement. Please 'ol mighty one, educate us.
Good Luck
Rob
Posting the true payment of the car wouldn't be as attractive. You most definitely do a sign and drive on any car. That is a true lease. They simple roll most fees into the lease, leaving the first payment due or sign and drive. When it is sign and drive, it is simply rolled into the lease. If any dealer asks you to put $2k or $3k down, then they are crazy. The lessee is taking big risk if its totaled and it is NOT going to benefit you in anyway, even if you wanted to buy the car at the end.
Putting anything down is unreasonable, it defeats the whole purpose. If you are truly focused on a low payment, perhaps you really cannot afford the car. If you have that kind of money in the bank to dump $2k,$3k in a lease, then you can definitely make the higher payment. Why throw you hard earned money? If you are so focused on the low payment, then perhaps you SHOULD keep the money in the bank, go with a lower cost car. That just seems frivolous and taking a big risk. Do not focus on the payment too much, it is the overall cost of the car. If the car comes out to a sign and drive with a good sale price. And you question the car payment being too high. Then you need to pick another car.
$1,000=$20-30 roughly off your payment. Its not too much.
Keep your money in the bank. Now of course you have money to throw away, then you really should opt to get a loan out, not lease. Then your money down does help. If your like me, I trade my cars every 1.5-2yrs. I know, alot, but I do. So could you imagine putting $2k down every time?
No offense to anyone here. Just stating my view point of a lease
But then again, were all guilty of biting off more than we can typically chew right?
I don't need a brand new car, but I have one.
Lets all be thankful and appreciative for what we have, and not throw it away.
And would you choose with or without TECH???
Rob
I am looking to lease a TSX in the next day or so. I can get a great deal on a 2009 and just wanted to check with the experts here if there are any advantages or improvements at all for the 2010 model. I have done extensive research and cant find a single difference between the 2009 and 2010. Are there any at all ? Exterior seems identical to me and I cant find any other differences. Any insight would be greatly appreciated.
Tony
Rob