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2010 Acura TSX have some good lease programs going on right now. These are the numbers. The interest rates are low (2.4% on the base) and the residuals are good.

These figures are good until Aug 5 - 6 when the new numbers come out. At that time based on the new lease programs/incentives, the prices may change

2010 Acura TSX Base
36-month | 15k miles | residual 58% | .00100 base money factor
36-month | 12k miles | residual 60% | .00100 base money factor


Lease numbers for a 2010 Acura TSX 4 cylinder base with auto transmission, 12k miles per year for 3 years, MSRP 30170 will be as follows

MSRP: 30170
Selling price: 27170 (this is what you negotiate with the dealer) It includes a current $750 cash-to-dealer incentive. This price is very doable. See image to your left - for ex lowest price offered before negotiation is $27069 in my area. Invoice on this car is $28,519 and dealer cost is $26,890 - Both these numbers are before the incentive. The dealer invoice includes $300 of advertising cost for a major city. So there is still room to negotiate lower if you can do it/if you find a dealer that is eager to get rid of his cars

Money Factor :0.001 (equivalent to an interest rate of 2.4%)
Residual: 60%
Bank Fee: $595 (This is rolled into your lease payment)
Monthly payment = $314 + sales tax rate for your state
Driveoff : First months payment + DMV fee + Misc fees (not to exceed $50) - so depending on your state dmv fees, the max total driveoff (which includes 1st month payment) should be around $600 - $700 for states like CA that have a high DMV fee. This is essentially a zero down lease.


Lease numbers for a 2010 Acura TSX 4 cylinder base with auto transmission, 15k miles per year for 3 years, MSRP 30170 will be as follows
For 15K miles a year & 36 months
Residual: 58%
Bank Fee: $595 (This is rolled into your lease payment)
Monthly payment = $330 + sales tax rate for your state
Driveoff : First months payment + DMV fee + Misc fees (not to exceed $50) - so depending on your state dmv fees, the max total driveoff (which includes 1st month payment) should be around $600 - $700 for states like CA that have a high DMV fee. This is essentially a zero down lease.


If you need numbers for other variations like with tech package, v6 etc ask and ill try to look them up - the deals are not as sweet but pretty good still.

 

If you're unfamiliar with leasing, you may like to read this FW deal. There is some useful general info on leasing.


Time permitting, I'll make periodic postings on FW on good lease deals that pop up



thanks op. thoughtful post. good deal for some some who looking to lease a car.


Leasing never a good play for a fatwallet member. Over time and overall cost is what we value the most. Thanks for the effort!


Blueaurora said: Leasing never a good play for a fatwallet member. Over time and overall cost is what we value the most. Thanks for the effort!


Never? never say never.

It's called income taxes and write offs for small business owners.


Blueaurora said: Leasing never a good play for a fatwallet member. Over time and overall cost is what we value the most. Thanks for the effort!

if you believe such a statement, you absolutely do not understand leases and financing.
When you lease right, you can save over owning a car no matter how long you own the car.
Your tone/attitude isn't good so I'm not going to take the trouble to explain the math, keep staying ignorant


muniala said: Blueaurora said: Leasing never a good play for a fatwallet member. Over time and overall cost is what we value the most. Thanks for the effort!

if you believe such a statement, you absolutely do not understand leases and financing.
When you lease right, you can save over owning a car no matter how long you own the car.
Your tone/attitude isn't good so I'm not going to take the trouble to explain the math, keep staying ignorant

Agreed! The negative posting doesn't make sense at all.

Car usage is about just that "how much does it take to run this amount of car per month." I bought my car outright and the depreciated value has gone up more than the leasing actuaries had thought it would thus making my cost per month go up. I wish I could have selected the lease option. It would have been cheaper and less hassle for me.

To me cheaper & time savings = the fatwallet way.

Great post OP!

(I currently drive an Acura TL so this post hit home on the money.)


$30,000 for a 4 cylinder Honda?


no - it's an "Advance" honda. =)


muniala said: Blueaurora said: Leasing never a good play for a fatwallet member. Over time and overall cost is what we value the most. Thanks for the effort!

if you believe such a statement, you absolutely do not understand leases and financing.
When you lease right, you can save over owning a car no matter how long you own the car.
Your tone/attitude isn't good so I'm not going to take the trouble to explain the math, keep staying ignorant

 

Reminds me of when John McEnroe was asked why pro tennis players don't wear sunglasses. He said: "If it helped them see the ball, they would."


Love this car! But where can we see a comparison of leasing cost vs buying cost of this car? I have to admit, I don't know much about leasing. Please explain.




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