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Thanks
Good deal?
Thanks!!!
You need to find out what the sales price of the car is. Even though you are getting a lease, you need to get the sales price. Then compare that sales price to what truecar.com shows.
24 months lease
380 Per Month ( after tax)
2500 Down
Selling price is 29900.which is 200 more than what truecar.com says.
Thanks
I'm looking at a lease on a 2011 base tsx (non tech).
36 months/12k miles
money factor of .00130
$377 month (including tax)
0 down, 0 fees, dealer pays first month
Thoughts on how this looks would be much appreciated!
Thanks
There's also a $1,250 dealer cash incentive on this car right now.
Car_man
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The residual value for a lease with only 12,000 miles per year is 1% lower.
Car_man
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This sounded good, so I let some edmunds dealers call me. I told them I would take the 2010. I was told there were none around. I then asked how about a 2011 for the same price, but I also wanted them to make the last 2 payments on my 2008 Honda Accord.
One dealer did not call me back but I went and saw the other one and drove the TSX. It was nice and certainly better than an Accord. This morning he said he could do the deal. $310/ month + tax $829 drive off and they would give me a check for $279 x 2 = $558. He said the price was $1,423 below invoice.
I told him I would do it.
How does this sound?
The tech with the same lease was $343. I live in Va. I think this is as good as i could have done. what do you think?
So... yeah.. it looks good.. lol
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The numbers for an otherwise identical lease of an '11 TSX Tech V6 are .00111 and 54%, respectively.
When negotiating your lease make sure to take advantage of the $500 cash incentive that is currently available on these cars.
Car_man
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36 month lease with 30k miles
selling price of $30,200 (MSRP: $31,820)
payment of $368.00 for 35 months (incl tax of 6.5%)
$443.00 down at lease signing
Seems almost identical to the special lease posted on Acura's website...
It is a very nice car, but only 1 in town was non-tech.
Any thoughts?
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Do you have the Feb. money factor and residual value info for the TSX Sportwagon w/ tech package at 36 months and 10,000 miles per year? This is for MA; shopping around for a good lease deal.
Thanks!
Did I get a good deal? I put down a total of $600 and rolled NYS taxes and reg fees into the lease. Its a 36 month/36K mile lease. My payments are $365/month on a leftover 2010 4cyl TSX tech -- I am not sure what my money factor is, but here is the breakdown from my agreement:
Adjusted Cap Cost: $29,932.04
Residual Value: $17,631.20
Rent Charge: $839.16
Of note, I traded in an '09 accord... which made up $250 of that $600 down payment. So, $250 came from equity in the car, $350 came out of pocket.
Thanks!
Also, is there a dealer incentive of $500 or $1250? I've seen two different amounts posted.
Thank you.
Does anyone know the February Money Factor and Residual Rate for a 2011 TSX automatic, no navi, 12K per year?
Also, is there a dealer incentive of $500 or $1250? I've seen two different amounts posted.
Thank you.
Price: $30,821
$1136 due at lease signing for tax, tags
First month paid, 35 months after
$507 for 10k
$519 for 12k
Now from what I can see this is a bad deal, in regard to the selling price and amount due at signing. The reason for the higher payments is that they are giving me $18k for my BMW 5 series, which is a fair price, but I owe 21,800, so I am 3,800 in the hole there. That being said, it still seems that payments should be a bit lower. I am going to a second dealer tomorrow that I found through truecar.com who is offering $29,400, but obviously wants to look at my car, and says they can beat the quote I got, any idea on what I should shoot for? Any advice would be appreciated. Also I do have 750+ credit, so I should be in the higher tier. Thanks!
But here are some suggestions:
Your goal here is to get the highest amount for your trade-in and then get the lowest sales price for the TSX.
Look at truecar.com and see what TSXs have been selling for in your area. Click the "Recent Sales" tab and look at the bar graphs on the left. In the LA area, 2010 TSX with tech is going for around $27,700.
So aim to get that sales price. Then onto that sales price add the negative equity of your BMW. Then that will be the amount they will sell you the TSX for. If the negative equity is really $3800, then that will be pretty bad. Visit carmax and see how much they can buy your car for. Also look at carmax's inventory to see for how much similar BMWs sell for.
Another suggestion, get the break down of that $1136. Then double check these numbers. Visit the DMV website and see what registration and tags cost.
Good luck. Again, I think the best thing you can do is play the dealers against each other. Otherwise
I just typed in a random NJ zip code (07047) and truecar is showing me the lowest price of ~$28,000. (2010 TSX w Tech Auto)
If you have a carmax nearby try to have them appraise the car. I found them to be more generous.
(sorry, I thought you were looking for the 2010).
The sales price you got is pretty good, might be possible to go down just a bit more but may not be worth the trouble.
My old Acura lease ends 4/11/11. Should I start negotiating a new TSX lease now or in April?
When can I get the best deal. I'm interested in the V-6.
Thanks!
2010 TSX Tech in the color combo I want (of which there are only 3 within 500 miles...and 2 of those are at mile marker 499!). Monthly payments of $385, and only the first month's payment due on signing, which I'm fine with. I feel good... But external confirmation is always appreciated.
I'm really skeptical because I'm in an '08 from the same dealer, but base model, for $370 with 10,000 miles. There's no way I'm going for the above deal, but any added info would help me as I think things through. Thanks in advance.
$456 per month is extreme.
You need to get the sales price of the car. For a 2010 TSX Tech, you should aim for a sales price of around $28,000.
Once you get the lowest possible sales price then all the other numbers are just plugged in.
I would suggest you talk to other dealers too.
The sticker price on the one I was interested in is $33, 270 and they were willing to discount it by 3K, but not a penny more. TT+L are about $2300. Texas isn't the best state for leasing because sales tax is 8.25 on the entire sales price I and it's not deductible and you pay property tax on the car each year you have it.
I noticed on the Acura site that a 2011 base lease offer is $0 at signing, $350 for 35 months. With TT+L, that would mean about $410-20 per month. For a base model, that doesn't seem great, either. So...I'm thinking about making a significant down payment and trying to purchase a 2011 using the .09% financing for 24-60 months. I'm so confused, though, I don't know what to shoot for as far as price negotiating.
I will definitely check other dealers--there are four within a 90 mile radius and see what I can find out. My lease is through the end of March, and March seems to be a good time to buy here. Everyone leaves town for ten days for spring break, and the city pretty much shuts down the SXSW music festival.
I really want to be driving a 2011 TSX in April, so any advice is much appreciated.
Can you also advise any incentives applicable to a lease?
Thanks
Does this sound right?
Car_man
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Car_man
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Acura is currently providing a $750 cash incentive on leases of the 4-cylinder and $1,000 on leases of the V6 '11 TSX.
Car_man
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