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2016 Acura TLX Lease Questions

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  • capsfan27capsfan27 Member Posts: 7
    Thanks Michaell. Does that car qualify for the 2k lease cash as well? Based on previous posts it looks like it does. I've tried searching for anything about that and have come up empty, and it seems like I'll need to show them something to prove that it's a thing.
  • kyfdxkyfdx Moderator Posts: 235,188
    capsfan27 said:

    Thanks Michaell. Does that car qualify for the 2k lease cash as well? Based on previous posts it looks like it does. I've tried searching for anything about that and have come up empty, and it seems like I'll need to show them something to prove that it's a thing.

    The lease cash is a dealer incentive. You can be sure they have already accounted for it in the purchase price.

    Maryland lease taxes are high, nothing you can do about that. The calculations seem to be correct.

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  • capsfan27capsfan27 Member Posts: 7
    kyfdx said:

    capsfan27 said:

    Thanks Michaell. Does that car qualify for the 2k lease cash as well? Based on previous posts it looks like it does. I've tried searching for anything about that and have come up empty, and it seems like I'll need to show them something to prove that it's a thing.

    The lease cash is a dealer incentive. You can be sure they have already accounted for it in the purchase price.

    Maryland lease taxes are high, nothing you can do about that. The calculations seem to be correct.
    Oh ok cool. Thanks for your help!
  • klunkmanklunkman Member Posts: 80
    Looking for MF, residual and incentives for 3.5 SH-AWD with Advance. 36/12 in central Pennsylvania. Thanks in advance.
  • MichaellMichaell Moderator Posts: 240,076
    klunkman said:

    Looking for MF, residual and incentives for 3.5 SH-AWD with Advance. 36/12 in central Pennsylvania. Thanks in advance.

    .00070 and 57%

    $2000 lease cash and $500 loyalty / conquest incentive.

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  • psm1167psm1167 Member Posts: 26
    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.
  • MichaellMichaell Moderator Posts: 240,076
    psm1167 said:

    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.

    I'm pretty certain your selling price includes the lease cash.

    However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front.

    Therefore, I'm not sure which number to use as the net capitalized cost.

    I confirm the .00070 MF and 57% residual.

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  • psm1167psm1167 Member Posts: 26
    Michaell said:

    psm1167 said:

    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.

    I'm pretty certain your selling price includes the lease cash.

    However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front.

    Therefore, I'm not sure which number to use as the net capitalized cost.

    I confirm the .00070 MF and 57% residual.




    Thanks for the reply. I wondered about that too. I am going to call tomorrow and get that cleared up. About to head to another Acura dealership and see if they can make me a better offer.
  • MichaellMichaell Moderator Posts: 240,076
    psm1167 said:
    Hey guys! Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech MSRP: $36,690 Discount: $3,990 Selling Price $32,700 Taxes (PA): $2,254 DOC FEE: $134 License FEE: $164.15 Rebates: $500 (I think this was the conquest rebate) Balance: $34,752.15 Residual: 57% MF: 0.00070 12k miles yr for 36 months monthly payment with tax = $379.39 The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives). I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?) Thanks for the input guys.
    I'm pretty certain your selling price includes the lease cash. However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front. Therefore, I'm not sure which number to use as the net capitalized cost. I confirm the .00070 MF and 57% residual.
    Thanks for the reply. I wondered about that too. I am going to call tomorrow and get that cleared up. About to head to another Acura dealership and see if they can make me a better offer.
     It's always good to get multiple dealers involved; that way, you get the best deal 

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  • psm1167psm1167 Member Posts: 26
    Michaell said:


    psm1167 said:

    Michaell said:

    psm1167 said:

    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.

    I'm pretty certain your selling price includes the lease cash.

    However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front.

    Therefore, I'm not sure which number to use as the net capitalized cost.

    I confirm the .00070 MF and 57% residual.




    Thanks for the reply. I wondered about that too. I am going to call tomorrow and get that cleared up. About to head to another Acura dealership and see if they can make me a better offer.

     It's always good to get multiple dealers involved; that way, you get the best deal 

    Just got back from the other Pittsburgh area Acura dealer.

    In regards to my initial post, I shouldn't have included that tax figure. The dealer told me the breakdown he gave me was for both leasing and purchasing the car. Since I am leasing that tax figure doesn't apply to me. Here are the correct numbers:


    '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    This number assumes a $1500 down payment.


    Here is the competitors offer I received tonight:

    "16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $4,703
    Adjusted Price: $31,987
    DOC Fee: $135
    Non Tax Fees: 160.15
    Net Price: $32,282.15
    Rebate: $500 Recent Grad

    12k miles yr for 36 months monthly payment with tax = $375

    This assumes a $1k down payment.

    It appears ~$375 is the best I can do in Pittsburgh at the moment. Has anyone had any luck getting them to go lower than $31k on adjusted price?

    I also wanted to ask about credit score. Mine is right around 700. Should I expect these numbers to shoot through the roof when they run my credit app? Can I have a co-signer on a lease to counter act this?
  • MichaellMichaell Moderator Posts: 240,076
    psm1167 said:

    Michaell said:


    psm1167 said:

    Michaell said:

    psm1167 said:

    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.

    I'm pretty certain your selling price includes the lease cash.

    However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front.

    Therefore, I'm not sure which number to use as the net capitalized cost.

    I confirm the .00070 MF and 57% residual.




    Thanks for the reply. I wondered about that too. I am going to call tomorrow and get that cleared up. About to head to another Acura dealership and see if they can make me a better offer.

     It's always good to get multiple dealers involved; that way, you get the best deal 
    Just got back from the other Pittsburgh area Acura dealer.

    In regards to my initial post, I shouldn't have included that tax figure. The dealer told me the breakdown he gave me was for both leasing and purchasing the car. Since I am leasing that tax figure doesn't apply to me. Here are the correct numbers:


    '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    This number assumes a $1500 down payment.


    Here is the competitors offer I received tonight:

    "16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $4,703
    Adjusted Price: $31,987
    DOC Fee: $135
    Non Tax Fees: 160.15
    Net Price: $32,282.15
    Rebate: $500 Recent Grad

    12k miles yr for 36 months monthly payment with tax = $375

    This assumes a $1k down payment.

    It appears ~$375 is the best I can do in Pittsburgh at the moment. Has anyone had any luck getting them to go flower than $31k on adjusted price?

    I also wanted to ask about credit score. Mine is right around 700. Should I expect these numbers to shoot through the roof when they run my credit app? Can I have a co-signer on a lease to counter act this?

    Assuming a 9% tax rate, the first offer works out to $398/mo with tax.

    The second offer is $385/mo with tax

    I would get the true net capitalized cost for each deal - something is being added or subtracted from the numbers you've been given.

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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • psm1167psm1167 Member Posts: 26
    Michaell said:

    psm1167 said:

    Michaell said:


    psm1167 said:

    Michaell said:

    psm1167 said:

    Hey guys!

    Wanted to see what everyone thought of this deal on a '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    Taxes (PA): $2,254
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Balance: $34,752.15
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    The dealer mentioned the lease cash but said it was $1000 lease cash (read on here that it was $2,000?). Dealer was mum on how the discount was achieved (not sure if lease cash was used or they simply lowered MSRP w/o applying any incentives).

    I am thinking my next move is to tell them to make the selling price $32,700 then stack the incentives ($2000 lease cash, $500 conquest, and $500 new grad to make the final selling price $29,700--is that hoping for too much?)

    Thanks for the input guys.

    I'm pretty certain your selling price includes the lease cash.

    However, I'm confused about the tax ... it was my understanding that in PA, lease tax was assessed against the monthly payment, not up front.

    Therefore, I'm not sure which number to use as the net capitalized cost.

    I confirm the .00070 MF and 57% residual.




    Thanks for the reply. I wondered about that too. I am going to call tomorrow and get that cleared up. About to head to another Acura dealership and see if they can make me a better offer.

     It's always good to get multiple dealers involved; that way, you get the best deal 
    Just got back from the other Pittsburgh area Acura dealer.

    In regards to my initial post, I shouldn't have included that tax figure. The dealer told me the breakdown he gave me was for both leasing and purchasing the car. Since I am leasing that tax figure doesn't apply to me. Here are the correct numbers:


    '16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $3,990
    Selling Price $32,700
    DOC FEE: $134
    License FEE: $164.15
    Rebates: $500 (I think this was the conquest rebate)
    Residual: 57%
    MF: 0.00070

    12k miles yr for 36 months monthly payment with tax = $379.39

    This number assumes a $1500 down payment.


    Here is the competitors offer I received tonight:

    "16 TLX 2.4 w/ Tech

    MSRP: $36,690
    Discount: $4,703
    Adjusted Price: $31,987
    DOC Fee: $135
    Non Tax Fees: 160.15
    Net Price: $32,282.15
    Rebate: $500 Recent Grad

    12k miles yr for 36 months monthly payment with tax = $375

    This assumes a $1k down payment.

    It appears ~$375 is the best I can do in Pittsburgh at the moment. Has anyone had any luck getting them to go flower than $31k on adjusted price?

    I also wanted to ask about credit score. Mine is right around 700. Should I expect these numbers to shoot through the roof when they run my credit app? Can I have a co-signer on a lease to counter act this?
    Assuming a 9% tax rate, the first offer works out to $398/mo with tax.

    The second offer is $385/mo with tax

    I would get the true net capitalized cost for each deal - something is being added or subtracted from the numbers you've been given.






    Ended up pulling the trigger on Friday.

    Wanted to ask you guys about the money factor. I was quoted a money factor of .00077. I have tried to check the money figure by using the rent charge. Could you guys let me know if Im right?

    MF= (RentCharge/LeaseTerm)/(AdjCapCost+Residual)

    MF= (1344.60/36)/(32437.36+20913.30)
    MF=(37.35)/(53350.66)
    MF=0.000700085 or 1.68%

    Am I in the ballpark? I thought the best MF for the TLX was .00077? My credit score was a 716 and this was my first lease. Did I qualify for Tier 1 or something?
  • psm1167psm1167 Member Posts: 26
    does a rent charge of 1344.60 seem high?
  • kyfdxkyfdx Moderator Posts: 235,188
    psm1167 said:

    does a rent charge of 1344.60 seem high?

    No, it's exactly correct for a money factor of .00070

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  • chuckjrchuckjr Member Posts: 95
    edited March 2016
    question about the lease cash and conquest and/or loyalty. Acura is hounding me to ditch my 2013 TL a few months before lease end but their numbers haven't been very aggressive.

    Is the lease cash good on the V6 base? Can it be combined with loyalty? What is loyalty amount? Conquest amount? Also wanted to double check resid on 36 mo 10K is 59% at .000777 ?

    For a base V6 they are at SP of $33029 x 36 mo at $372 + tax with $1200 drive off (about $307 cap reduction)
  • MichaellMichaell Moderator Posts: 240,076
    chuckjr said:

    question about the lease cash and conquest and/or loyalty. Acura is hounding me to ditch my 2013 TL a few months before lease end but their numbers haven't been very aggressive.

    Is the lease cash good on the V6 base? Can it be combined with loyalty? What is loyalty amount? Conquest amount? Also wanted to double check resid on 36 mo 10K is 59% at .000777 ?

    For a base V6 they are at SP of $33029 x 36 mo at $372 + tax with $1200 drive off (about $307 cap reduction)

    There is $1000 lease cash on the V6 base. They loyalty incentive of $500 should stack on top of that.

    MF on the TLX this month is .00077; 36/10 residual is 60% (59% is for 36/12).

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  • infoe36069infoe36069 Member Posts: 32
    Im in a position where I need a lease for 24 months...does acura offer lease options (different risidual/mf) for 24 months?

    If so if anyone could provide base tlx and base ilx figures for 24months/10k miles I would appreciate it.
  • MichaellMichaell Moderator Posts: 240,076

    Im in a position where I need a lease for 24 months...does acura offer lease options (different risidual/mf) for 24 months?

    If so if anyone could provide base tlx and base ilx figures for 24months/10k miles I would appreciate it.

    TLX Base - .00070 and 66%. $1000 lease cash and either $500 loyalty or conquest cash.

    Ask ILX questions here:

    http://forums.edmunds.com/discussion/32422/acura/ilx/2016-acura-ilx-lease-questions#latest

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  • infoe36069infoe36069 Member Posts: 32
    Michaell said:

    Im in a position where I need a lease for 24 months...does acura offer lease options (different risidual/mf) for 24 months?

    If so if anyone could provide base tlx and base ilx figures for 24months/10k miles I would appreciate it.

    TLX Base - .00070 and 66%. $1000 lease cash and either $500 loyalty or conquest cash.

    Ask ILX questions here:

    http://forums.edmunds.com/discussion/32422/acura/ilx/2016-acura-ilx-lease-questions#latest
    is this for 24months/10miles?
  • MichaellMichaell Moderator Posts: 240,076

    Michaell said:

    Im in a position where I need a lease for 24 months...does acura offer lease options (different risidual/mf) for 24 months?

    If so if anyone could provide base tlx and base ilx figures for 24months/10k miles I would appreciate it.

    TLX Base - .00070 and 66%. $1000 lease cash and either $500 loyalty or conquest cash.

    Ask ILX questions here:

    http://forums.edmunds.com/discussion/32422/acura/ilx/2016-acura-ilx-lease-questions#latest
    is this for 24months/10miles?
    Yes.

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  • infoe36069infoe36069 Member Posts: 32
    just ran the numbers and the mo payment on 24 month lease all else being the same is going to be higher than that of the 36 months? Interesting
  • infoe36069infoe36069 Member Posts: 32
    is 24 months more costly than a 36 month lease? or am I calculating in correctly
  • MichaellMichaell Moderator Posts: 240,076

    is 24 months more costly than a 36 month lease? or am I calculating in correctly

    Often, 36 months is the 'sweet spot' for leases .. the residual works out better for the longer term.

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  • infoe36069infoe36069 Member Posts: 32
    Can you please confirm 4cyl base tlx numbers?

    mf, residual and incentives please? Trying to compare with the deal i got for my mom last month as I may get the same cae
  • kyfdxkyfdx Moderator Posts: 235,188

    Can you please confirm 4cyl base tlx numbers?

    mf, residual and incentives please? Trying to compare with the deal i got for my mom last month as I may get the same cae

    .00070 MF

    66% residual for 24/10
    60% residual for 36/10

    $1000 lease cash + $500 loyalty/conquest cash

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  • infoe36069infoe36069 Member Posts: 32
    kyfdx said:
    Can you please confirm 4cyl base tlx numbers?

    mf, residual and incentives please? Trying to compare with the deal i got for my mom last month as I may get the same cae
    .00070 MF 66% residual for 24/10 60% residual for 36/10 $1000 lease cash + $500 loyalty/conquest cash

    so from last month the mf improved from .00077 to .00070?
    the residual went from59 to 60 ?
    and cash increased by $500?

  • chuckjrchuckjr Member Posts: 95
    edited March 2016
    Local dealer has a handful of 2015 TLXs and wondering if the discounted sales price will offset the lower residual?

    What is the residual and MF for base V6 and tech V6 and advanced V6?
    36 & 24 mo/10k miles?

    Thanks in advance.
  • infoe36069infoe36069 Member Posts: 32
    kyfdx said:

    Can you please confirm 4cyl base tlx numbers?

    mf, residual and incentives please? Trying to compare with the deal i got for my mom last month as I may get the same cae

    .00070 MF

    66% residual for 24/10
    60% residual for 36/10

    $1000 lease cash + $500 loyalty/conquest cash
    so the residual is worse by 1% this month than last month on the 4cylinder? I believe it was 61% but it seems that there is $1000 more in cash available?
  • MichaellMichaell Moderator Posts: 240,076
    chuckjr said:

    Local dealer has a handful of 2015 TLXs and wondering if the discounted sales price will offset the lower residual?

    What is the residual and MF for base V6 and tech V6 and advanced V6?
    36 & 24 mo/10k miles?

    Thanks in advance.

    No MF info on 2015 TLX's, which means it's probably the standard rate of .00165.

    24/10
    V6 Base - 60%
    V6 Tech - 58%
    V6 Advance - 56%

    36/10
    V6 Base - 54%
    V6 Tech - 52%
    V6 Advance = 50%

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  • MichaellMichaell Moderator Posts: 240,076

    kyfdx said:

    Can you please confirm 4cyl base tlx numbers?

    mf, residual and incentives please? Trying to compare with the deal i got for my mom last month as I may get the same cae

    .00070 MF

    66% residual for 24/10
    60% residual for 36/10

    $1000 lease cash + $500 loyalty/conquest cash
    so the residual is worse by 1% this month than last month on the 4cylinder? I believe it was 61% but it seems that there is $1000 more in cash available?
    If you say so .. we don't keep track of historical trends.

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  • k_kk_k Member Posts: 5
    I did see any other thread for TLX so asking my question here. Asked the dealer for TLX OTD price while shopping for RDX . They quoted 2016 base TLX OTD for $30,675. Is this a good price?

    Thanks,
    KK
  • kyfdxkyfdx Moderator Posts: 235,188
    k_k said:

    I did see any other thread for TLX so asking my question here. Asked the dealer for TLX OTD price while shopping for RDX . They quoted 2016 base TLX OTD for $30,675. Is this a good price?

    Thanks,
    KK

    We don't track pricing, but Edmunds does.

    Use the Make/Model/Year pulldowns at the top of the page to access TMV pricing from Edmunds.

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  • newdrivercominnewdrivercomin Member Posts: 18
    Hello experts! I've been leasing an Acura TL (now TLX) V6 FWD standard model 12K miles/yr from the same dealer for what will be the 4th time (lease is up in Sept. '16). Every time, I end up paying approx. $450/month with $0 down & only the dmv fees up front. Now, I'm priming up to get my hands on the 2016 model V6 SH-AWD w/ Advance package, with my mindset of not paying a dime more than $450/month, $0 down,and just the DMV fees up front for 36 months and 12K miles/year. I'm in the Queens, NY area and have Paragon Acura/Rallye Acura (dealer I've been using) in my vicinity. Any help, ideas, questions that would get me to this goal is extremely appreciated. Even if dropping down to the SH-AWD w/ Tech package is the way to go. Thank you all for your guidance! :)
  • chuckjrchuckjr Member Posts: 95
    After this Tesla model 3 announcement I may reconsider my timeline.
    What are the 24 month residuals on.
    2016 V6 base 24/10k
    2015 V6 tech 24/10k
    2015 advance 24/10k

    thanks.
  • kyfdxkyfdx Moderator Posts: 235,188

    Hello experts! I've been leasing an Acura TL (now TLX) V6 FWD standard model 12K miles/yr from the same dealer for what will be the 4th time (lease is up in Sept. '16). Every time, I end up paying approx. $450/month with $0 down & only the dmv fees up front. Now, I'm priming up to get my hands on the 2016 model V6 SH-AWD w/ Advance package, with my mindset of not paying a dime more than $450/month, $0 down,and just the DMV fees up front for 36 months and 12K miles/year. I'm in the Queens, NY area and have Paragon Acura/Rallye Acura (dealer I've been using) in my vicinity. Any help, ideas, questions that would get me to this goal is extremely appreciated. Even if dropping down to the SH-AWD w/ Tech package is the way to go. Thank you all for your guidance! :)

    .00070 MF and 57% residual for 36/12. $2000 lease cash + $500 loyalty cash.

    Not sure what that will come to... Give us an MSRP and selling price and we can calculate a payment.

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  • MichaellMichaell Moderator Posts: 240,076
    chuckjr said:

    After this Tesla model 3 announcement I may reconsider my timeline.
    What are the 24 month residuals on.
    2016 V6 base 24/10k
    2015 V6 tech 24/10k
    2015 advance 24/10k

    thanks.

    Acura does not offer a 10,000 mile option for 24 month leases; what follows are the 24/12 numbers:

    .00070 MF

    V6 base - 65%
    V6 tech / advance - 63%

    $1000 lease cash on base; $2000 on other trims. $500 loyalty or conquest cash

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  • chuckjrchuckjr Member Posts: 95
    @Michaell how much do those numbers change for the 2015 tech/advance and AWD tech? 
    Thanks 
  • MichaellMichaell Moderator Posts: 240,076
    chuckjr said:

    @Michaell how much do those numbers change for the 2015 tech/advance and AWD tech? 
    Thanks 

    2015 questions go here:

    http://forums.edmunds.com/discussion/19482/acura/tlx/2015-acura-tlx-lease-questions#latest

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  • chuckjrchuckjr Member Posts: 95
    Once again I want to thank this forum for the info. This most recent deal was the most arduous I've ever done with sales people lying and withholding info which resulted in me driving to San Diego from LA to get my TLX.

    2016 V6 Tech
    MSRP $40293
    Sale price $35923
    65%
    24 mo 10K miles
    $1500 in loyalty and dealer cash
    $1000 out of pocket (~$500 in fees, taxes and DMV + first month's rent)
    $367 + tax ($400 in CA)

    I opted for a wheel, glass and tire policy that added $31/mo

    Lessons learned:
    Not sure why they opted to eat what I had expected to be a $37000 sales price while holding on to the extra $1000 in lease cash mentioned in the forum.
    Acura doesn't do many 24 month leases (finance manager originally had it written up as 36 mo @$400.
    Finance mgr mentioned that the Gen Mngr has a lot of pull when it comes to structuring lease.
    Opted for 24 month lease in hopes Elon has my Type Three ready in two years.

  • mmendoza2mmendoza2 Member Posts: 179
    May I please have the MF and Residual % numbers for a TLX V6 base and TLX V6 tech in South Florida

    36/10
  • kyfdxkyfdx Moderator Posts: 235,188
    mmendoza2 said:

    May I please have the MF and Residual % numbers for a TLX V6 base and TLX V6 tech in South Florida

    36/10

    .00070 MF and 60%/58% residual. $1000/$2000 lease cash for Base/Tech.

    $500 loyalty/conquest cash

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  • mmendoza2mmendoza2 Member Posts: 179
    Thank you!
  • carlos516xcarlos516x Member Posts: 11
    Hello, I am a current owner of 2005 TSX. I am considering leasing a 2016 TLX.

    Can you please provide residuals, money factor, and incentives/rebates for both 36m/10k and 36m/12k:

    1. TLX I4 Base
    2. TLX I4 - Tech pakage

    Another question, I'm assuming the money factors quoted throughout this forum is the super elite tier, correct? How does the MF change at lower tiers. My equifax credit score is 695 and TU is 683. I don't exactly qualify for the super elite rate.

    Thanks!
  • MichaellMichaell Moderator Posts: 240,076

    Hello, I am a current owner of 2005 TSX. I am considering leasing a 2016 TLX.

    Can you please provide residuals, money factor, and incentives/rebates for both 36m/10k and 36m/12k:

    1. TLX I4 Base
    2. TLX I4 - Tech pakage

    Another question, I'm assuming the money factors quoted throughout this forum is the super elite tier, correct? How does the MF change at lower tiers. My equifax credit score is 695 and TU is 683. I don't exactly qualify for the super elite rate.

    Thanks!

    36/12 -
    Base - 59%. $1000 lease cash.
    Tech - 57%. $2000 lease cash.

    $500 loyalty or conquest cash.

    Add 1% for 10K

    .00070 for top tier credit. No information on MF uplifts if not top-tier.

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  • carlos516xcarlos516x Member Posts: 11
    Thanks. Does anyone know what is the minimum score to qualify? Also, anyone know which dealers in NJ pull Equifax only? 
  • MichaellMichaell Moderator Posts: 240,076

    Thanks. Does anyone know what is the minimum score to qualify? Also, anyone know which dealers in NJ pull Equifax only? 

    Looks like 710 for super preferred.

    No idea what credit agencies individual dealerships use.

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  • ellinjtheellinjthe Member Posts: 6
    Whats the current lease rates for April on TLX AWD Advance? Any applicable rebates?

    3YR 12k in RI
  • MichaellMichaell Moderator Posts: 240,076
    ellinjthe said:

    Whats the current lease rates for April on TLX AWD Advance? Any applicable rebates?

    3YR 12k in RI

    .00070 and 57%

    $2000 lease cash and either $500 loyalty or conquest incentive.

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  • ediaz6284ediaz6284 Member Posts: 5
    Hello, First of all thank you for the information you provide us. It is beyond helpful. This is my first time leasing. Can you please tell me at least roughly what I can expect with the following variables?

    2016 TLX SH-AWD

    MSRP -- 41,575
    Discount - 3,975
    Term - 3yr/15K
    TX Taxes - 6.25%
  • kyfdxkyfdx Moderator Posts: 235,188
    ediaz6284 said:

    Hello, First of all thank you for the information you provide us. It is beyond helpful. This is my first time leasing. Can you please tell me at least roughly what I can expect with the following variables?

    2016 TLX SH-AWD

    MSRP -- 41,575
    Discount - 3,975
    Term - 3yr/15K
    TX Taxes - 6.25%

    .00070 MF and 55% residual. $2000 lease cash + $500 loyalty/conquest cash.

    Assuming your discount already includes the lease cash..
    $40,545 CAP cost (selling price + tax + $595 acq.fee)
    $536/mo.
    If the $2000 lease cash is in addition to the discount, then $479/mo.

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