Acura

August 2008 Lease Rate for 09 Acura TSX

Published by G

My Take: The TSX’s base rate isn’t very attractive this month. However, the residual remains “artificially” strong, making this car a fairly decent lease. Very well appointed as always, even without a Navi and Tech package. If you are considering a IS250, C300 or even a 328i, I would give the TSX a look as well since they fall under the same category, with the TSX being the cheaper of the bunch.

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  • TSX Base
  • MSRP $29,720
  • Invoice $27,381
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Acura TSX Base Sedan
36 Month – Residual 64% of MSRP – .00280 Base Rate

36mo Payment: $362 at invoice, $433 at MSRP

You’d be hard-pressed to get invoice pricing on the TSX right now since the car is relatively new. I don’t see too many on the road right now, maybe the same car twice around my neighborhood. The TSX is a great car, so low $400s per month isn’t too bad, but still a bit on the expensive side. Since all my estimates don’t include tax, your looking at mid $400s at MSRP. You can probably knock off $15 per month by opting for 12k miles a year, making things a tad cheaper.

August 2008 Lease Rate for 08 Acura RDX

Published by G

My Take: Word has it that AHFC is offering $2500 rebate on their RDX leases now. Not a bad time to jump into an RDX right about now. Even Edmund’s TMV is showing at least $1000 under invoice sale prices. Personally I would shoot for invoice minus the $2500 rebate. That would make for a sweet deal. I’ll be looking at the base RDX since it holds a higher residual value than the Tech.

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  • RDX (w/o Tech)
  • MSRP $31,455 ($33,955 – $2500)
  • Invoice $28,765 ($31,265 – $2500)
  • Standard inception fees + tax
  • Lease rate in BOLD

36mo Payment: $416 at invoice, $495 at MSRP

Remember, if you end up paying around $31455, the dealer pretty much leased you the car without a discount on their end. Always get the dealer to pitch in some discounts because rebates are not from the dealer, they are from the manufacturer. You want to get a little love from both parties here. Dealers may represent the manufacturer, but they are independently owned and operated. TMV is showing around $29,422 in Southern California.

2008 Acura RDX
24 Month – Residual 57% of MSRP – .00154 Base Rate
36 Month/12k – Residual 50% of MSRP – .00154 Base Rate
36 Month/15k – Residual 48% of MSRP – .00154 Base Rate

2008 Acura RDX with Tech
24 Month – Residual 55% of MSRP – .00101 Base Rate

36 Month – Residual 47% of MSRP – .00101 Base Rate

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July 2008 Lease Rate for 2008 Acura MDX

Published by G

2008 Acura MDX
24 Month – Residual 62% of MSRP – .00245 Base Rate
36 Month – Residual 53% of MSRP – .00245 Base Rate

2008 Acura MDX Sport
24 Month – Residual 57% of MSRP – .00245 Base Rate
36 Month – Residual 49% of MSRP – .00245 Base Rate

2008 Acura MDX Sport w/RES
24 Month – Residual 57% of MSRP – .00245 Base Rate
36 Month – Residual 48% of MSRP – .00245 Base Rate

2008 Acura MDX Technology
24 Month – Residual 60% of MSRP – .00245 Base Rate
36 Month – Residual 51% of MSRP – .00245 Base Rate

2008 Acura MDX Technology w/RES
24 Month – Residual 59% of MSRP – .00245 Base Rate
36 Month – Residual 50% of MSRP – .00245 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take I yanked the 48mo and 60mo leases out of the post because they are pretty bad. I think I will start doing that for all posts from now on. Most cars may yield lower monthly payments on a 48+ month lease, but the maintenance costs that come with driving a 4-year old car pretty much wipe out those savings. A quick glance pretty much tells me that Acura providing any lease support on the MDX, too bad because these SUVs are pretty sweet. You may want to wait until next month to see if the numbers improve.

July 2008 Lease Rate for 08 Acura TL

Published by G

2008 Acura TL Sedan
24 Month – Residual 61% of MSRP – .00133 Base Rate
36 Month – Residual 51% of MSRP – .00133 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Acura TL w/Navigation Sedan
24 Month – Residual 59% of MSRP – .00133 Base Rate
36 Month – Residual 50% of MSRP – .00133 Base Rate
48 Month – Residual 41% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Acura TL Type-S Sedan
24 Month – Residual 58% of MSRP – .00133 Base Rate
36 Month – Residual 49% of MSRP – .00133 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Finally found some Acura lease rates! I still think March was the best time to lease a TL. Hindsight is 20/20 after all, so telling you now doesn’t serve any purpos, except to make you feel bad. However, there is $1000 in factory cash available to lessees. So negotiate a low sale price then tack on the factory cash. Remember dealer and factory incentives are TWO different things from two different sources. The residual stinks on the TL right now, but the MF is now too bad. As posted earlier, the 2009 TL is arriving in the fall. So there could be a fire-sale of the remaining 08 TLs. I remember back in 2003, I was shopping around for a car and stumbled upon the previous generation TL, they were deeply discounting (at least 5000 off MSRP) them because of the 2004 TL was coming. So expect more of the same this time around.

Drool-Worthy? Introducing the 2009 Acura TL

Published by G

As you know the 2009 Acura TL is just around the corner (coming this fall to a dealer near you). Just like the TSX, the TL sports the same “love it or hate it” chrome grill and th RL’s beefier 300hp V6 engine. Like BMW, Lexus and Infiniti, Acura has added a AWD option to it’s TL line up.  Few questions comes to mind…What happens to the Acura TL-S? and how different is it from the RL?

Here’s the article on Car and Driver.

Official 09 TL Photo

Is it worth waiting? Probably not. You probably wwon’t see very good MFs on the 2009 TLs for months.

June 2008 Lease Rate for 08 Acura MDX

Published by G

MDX with Tech

36mo/12k – money factor .0018 – residual 55%
$1000 lease cash

Below is a very comprehensive list of numbers from Tarry of leasecompare.com.

2008 Acura MDX
24 Month – Residual 65% of MSRP – .00180 Base Rate
36 Month – Residual 55% of MSRP – .00180 Base Rate
48 Month – Residual 45% of MSRP – .00235 Base Rate
60 Month – Residual 35% of MSRP – .00245 Base Rate

2008 Acura MDX Sport
24 Month – Residual 60% of MSRP – .00180 Base Rate
36 Month – Residual 51% of MSRP – .00180 Base Rate
48 Month – Residual 41% of MSRP – .00235 Base Rate
60 Month – Residual 33% of MSRP – .00245 Base Rate

2008 Acura MDX Sport w/RES
24 Month – Residual 59% of MSRP – .00180 Base Rate
36 Month – Residual 49% of MSRP – .00180 Base Rate
48 Month – Residual 39% of MSRP – .00235 Base Rate
60 Month – Residual 33% of MSRP – .00245 Base Rate

2008 Acura MDX Technology
24 Month – Residual 62% of MSRP – .00180 Base Rate
36 Month – Residual 53% of MSRP – .00180 Base Rate
48 Month – Residual 43% of MSRP – .00235 Base Rate
60 Month – Residual 34% of MSRP – .00245 Base Rate

2008 Acura MDX Technology w/RES
24 Month – Residual 62% of MSRP – .00180 Base Rate
36 Month – Residual 51% of MSRP – .00180 Base Rate
48 Month – Residual 41% of MSRP – .00235 Base Rate
60 Month – Residual 34% of MSRP – .00245 Base Rate

Rates are based on 15k mile per year leases.

My Take: Right now is not a bad time to get into an Acura MDX with a relatively decent MF and fairly high residual value. The $1000 lease cash incentive should help you cover your drive-off costs. The word on the street is that the MDX can be had at around invoice (excluding the $1000 lease cash). I find that likely since 08 production should be nearing its end. If you need a techy, gas guzzling, AWD urban explorer that seats 7, the MDX should do the trick.

June 2008 Lease Rate for 09 Acura TSX

Published by G

36mo/12k – residual 65% – money factor .00245

My Take: It really baffles me how a car company can “inflate” their residual values. 65% after 36 months? That’s insane. I could be wrong, but I don’t even think the Mini holds value THAT well. Anyway, can you really lease this thing right about now? Nope. Personally, I would wait for the diesel version to arrive in the US. Better MPG, more torque, same plush interior. Makes you wonder why they even bother introducing the gasoline version at all. The 09 TSX is fully redesign as you all know. Comes very nicely appointed and it’s an excellent entry-level luxury sports sedan. The new design has a elegant/techie flair to it and I think it really looks awesome in black because it’s offset very well by the chrome trims. Sweet ride.