Best lease deal so far?

[powdbyrice]

Did the residuals just go back up again? I thought dshinke21 just mentioned a few post above that the residuals had just dropped 2 percentage points this month (54% for 5k).

crap, nevermind, that's for 18.

2017
49% for 15k
+5 for 5k
+4 for 7.5
+3 for 10
+2 for 12

 

[Cal_92]

crap, nevermind, that's for 18.

2017
49% for 15k
+5 for 5k
+4 for 7.5
+3 for 10
+2 for 12

Thanks for confirming! I guess since there are no 18's on the ground yet, the 2017 numbers are more meaningful at the moment. Good to know the 2018 numbers though.

 

[SCKOMS]

Did the residuals just go back up again? I thought dshinke21 just mentioned a few post above that the residuals had just dropped 2 percentage points this month (54% for 5k).

The other way around I think. RV was 56% and dropped to 54%.

Sent from my SAMSUNG-SM-G890A using Tapatalk

 

[extreme]

lease deal

I am considering a lease and would like some input.
btw this is my first post so I hope it's ok if I jump right in with questions?

msrp 197,700
selling price 184,700
plus the dealer only has $20k of acura money available bringing the price to $164,700.

I would like a better deal although it seems as if my options are sparse for the color and specs I want.
This car is 130R White with Orchid interior and all the carbon options.
The dealer is claiming my payment would be $2,011 @ 36/10k with $0 out of pocket, this includes a 7.1% tax rate. Is this possible? My calculations come closer to $2,300 a month.

 

[SCKOMS]

I am considering a lease and would like some input.
btw this is my first post so I hope it's ok if I jump right in with questions?

msrp 197,700
selling price 184,700
plus the dealer only has $20k of acura money available bringing the price to $164,700.

I would like a better deal although it seems as if my options are sparse for the color and specs I want.
This car is 130R White with Orchid interior and all the carbon options.
The dealer is claiming my payment would be $2,011 @ 36/10k with $0 out of pocket, this includes a 7.1% tax rate. Is this possible? My calculations come closer to $2,300 a month.

You should be able to get a better deal. Shop around.
What is the dealer using for RV?

 

[AZLAMBO]

I am considering a lease and would like some input.
btw this is my first post so I hope it's ok if I jump right in with questions?

msrp 197,700
selling price 184,700
plus the dealer only has $20k of acura money available bringing the price to $164,700.

I would like a better deal although it seems as if my options are sparse for the color and specs I want.
This car is 130R White with Orchid interior and all the carbon options.
The dealer is claiming my payment would be $2,011 @ 36/10k with $0 out of pocket, this includes a 7.1% tax rate. Is this possible? My calculations come closer to $2,300 a month.

you have another 15-25k left on the deal
good luck

 

[SCKOMS]

I am considering a lease and would like some input.
btw this is my first post so I hope it's ok if I jump right in with questions?

msrp 197,700
selling price 184,700
plus the dealer only has $20k of acura money available bringing the price to $164,700.

I would like a better deal although it seems as if my options are sparse for the color and specs I want.
This car is 130R White with Orchid interior and all the carbon options.
The dealer is claiming my payment would be $2,011 @ 36/10k with $0 out of pocket, this includes a 7.1% tax rate. Is this possible? My calculations come closer to $2,300 a month.

you have another 15-25k left on the deal
good luck

A good end point seems to be 10% off MSRP plus the 30K incentive form Acura.

 

[Ro_Ja Boy]

A good end point seems to be 10% off MSRP plus the 30K incentive form Acura.

There's a $164,600 MSRP car I'm looking at. They only want to come off $5,000 plus the $30k incentive. Assuming I can get them to $150k, what should a lease look like with a $150k NSX at 5k miles per year with the $30k down and nothing else?

Thanks,

Ryan

 

[Ro_Ja Boy]

Am I looking at this right? Not sure about leasing vs. buying as I've never leased (and am not sure I've ever owned a car for 36 months), but wondering if this is right if went that route:

$164,600 MSRP
Assuming I could get the car to $150k.

Price: $150,000
Term: 36 months
Money Factor: 0.0018
Down Payment: $30,000 (incentive from Acura)
Sales Tax: 8.25% in Clark County (Las Vegas)
Residual: 54% on a 5k mile lease so $88,884 (assuming this means 54% of the cars MSRP)

Lease payment should be $1,342.65

Does anything look incorrect in that scenario? Thanks in advance!

 

[extreme]

You should be able to get a better deal. Shop around.
What is the dealer using for RV?

Dealer is using 52% residual or $102,804

I am trying to find a better deal although not able to find the car I want at the deal I want

Thank you everyone for the advice. I did find one dealer that offered the $30k plus $10k. He feels like he has the leverage since there are very few cars left.

 

[SCKOMS]

Am I looking at this right? Not sure about leasing vs. buying as I've never leased (and am not sure I've ever owned a car for 36 months), but wondering if this is right if went that route:

$164,600 MSRP
Assuming I could get the car to $150k.

Price: $150,000
Term: 36 months
Money Factor: 0.0018
Down Payment: $30,000 (incentive from Acura)
Sales Tax: 8.25% in Clark County (Las Vegas)
Residual: 54% on a 5k mile lease so $88,884 (assuming this means 54% of the cars MSRP)

Lease payment should be $1,342.65

Does anything look incorrect in that scenario? Thanks in advance![/QUOTE

Looks right.

 

[dshinke21]

There's a $164,600 MSRP car I'm looking at. They only want to come off $5,000 plus the $30k incentive. Assuming I can get them to $150k, what should a lease look like with a $150k NSX at 5k miles per year with the $30k down and nothing else?

Thanks,

Ryan

$164,600 MSRP
$150,000 selling price
$030,000 Cap Reduction
$120,595 Cap Cost (includes $595 lease acquisition fee)

$88,884 54% residual amount
0.00180 money factor

Not including taxes you would have 36 payments of $1,257.92


While there are certainly dealerships that have lost money selling their remaining 2017's those dealerships are few and far between. When making your offer remember that the dealerships invoice price is roughly 92.5% of MSRP. Realistically most dealers should be willing to sell at invoice at this point in time which leaves them a few thousand dollars of profit from hold backs. Here is a scenario that I think the dealer would be very willing to accept and is still phenomenal deal for you.

$164,600 MSRP
$152,500 selling price
$300,000 Cap Reduction
$123,095 Cap Cost (includes $595 lease acquisition fee)

$88,884 54% residual amount
0.00180 money factor

Not including any taxes you would have 36 payments of $1,331.87.

Good luck!

 

[SCKOMS]

Dealer is using 52% residual or $102,804

I am trying to find a better deal although not able to find the car I want at the deal I want

Thank you everyone for the advice. I did find one dealer that offered the $30k plus $10k. He feels like he has the leverage since there are very few cars left.

Have you considered a 36/5 lease? With excess miles priced at 20 cents (that is my understanding anyway) you will be well ahead even if you have to pay for extra miles.

You can run your numbers here: http://auto.bizcalcs.com/Calculator.asp?Calc=Lease-Payment

 

[Ro_Ja Boy]

Thanks for confirming and for the suggestion/insight. Last question on Acura leasing...can you transfer the lease like many manufacturers? Say I don't want the car a year from now...can I transfer the lease over to someone else?

I know BMW for example charges a $500 fee after the person gets approved with their credit. Thanks

Still not sure I like leasing a car, but now at least have all the info on buying vs. leasing.

 

[L.L.]

Last question on Acura leasing...can you transfer the lease like many manufacturers? Say I don't want the car a year from now...can I transfer the lease over to someone else?

The answer I got from Acura Financial was sort of yes and no. The car can be transferred but, from what I understand is not a complete transfer as you'll remain a guarantor of the lease even if the car has been transferred to a new lessee.

 

[Ro_Ja Boy]

$164,600 MSRP
$150,000 selling price
$030,000 Cap Reduction
$120,595 Cap Cost (includes $595 lease acquisition fee)

$88,884 54% residual amount
0.00180 money factor

Not including taxes you would have 36 payments of $1,257.92


While there are certainly dealerships that have lost money selling their remaining 2017's those dealerships are few and far between. When making your offer remember that the dealerships invoice price is roughly 92.5% of MSRP. Realistically most dealers should be willing to sell at invoice at this point in time which leaves them a few thousand dollars of profit from hold backs. Here is a scenario that I think the dealer would be very willing to accept and is still phenomenal deal for you.

$164,600 MSRP
$152,500 selling price
$300,000 Cap Reduction
$123,095 Cap Cost (includes $595 lease acquisition fee)

$88,884 54% residual amount
0.00180 money factor

Not including any taxes you would have 36 payments of $1,331.87.

Good luck!

Supposedly they "Just turned down a $155,000 offer".

 

[dshinke21]

Supposedly they "Just turned down a $155,000 offer".

Talk to them as the month end nears. With the $30,000 set to expire they will get antsy to move them.

 

[Space Truckin]

Still not sure I like leasing a car, but now at least have all the info on buying vs. leasing.

Do not understand why you would prefer to be on losing end, purchase you are on hook for future value, lease puts Acura on hook for future value. The way the NSX is selling and has sold in the last year, dollars to donuts Acura is going to be looking at additional losses being incurred on leases coming to an end in 3 years....JM2C...I could be wrong...:tongue:

 

[Ro_Ja Boy]

Do not understand why you would prefer to be on losing end, purchase you are on hook for future value, lease puts Acura on hook for future value. The way the NSX is selling and has sold in the last year, dollars to donuts Acura is going to be looking at additional losses being incurred on leases coming to an end in 3 years....JM2C...I could be wrong...:tongue:

That $165k car will be depreciated to $88k in three years on the lease. I find it hard to believe that a 2017 NSX will be selling in the $80s at the end of 2020.

 

[Space Truckin]

That $165k car will be depreciated to $88k in three years on the lease. I find it hard to believe that a 2017 NSX will be selling in the $80s at the end of 2020.

With the current model NSX it "could" hit the $70's, the general public does not view it as a "gotta" have or "game" changer type of car. As of right now the 18's are/ will be basically unchanged and "special order" only, if I understand correctly you see the NSX appreciating in the next 3 years? It's a financial decision on a "depreciating" car, Lease = $5k down (1st pyt, lic/reg and taxes, all tax write offs) $1310 mth tax inc, Purchase= $40k down, $95K financed =$1712 mth, would you rather have the $35K in your hands (invest $35K) and make a decision to "purchase" in 3yrs. I will figure it out in 3 yrs....JM2C...I could be wrong...

 

[Ro_Ja Boy]

With the current model NSX it "could" hit the $70's, the general public does not view it as a "gotta" have or "game" changer type of car. As of right now the 18's are/ will be basically unchanged and "special order" only, if I understand correctly you see the NSX appreciating in the next 3 years? It's a financial decision on a "depreciating" car, Lease = $5k down (1st pyt, lic/reg and taxes, all tax write offs) $1310 mth tax inc, Purchase= $40k down, $95K financed =$1712 mth, would you rather have the $35K in your hands (invest $35K) and make a decision to "purchase" in 3yrs. I will figure it out in 3 yrs....JM2C...I could be wrong...

I don't agree that it will hit 80s let alone 70s within the next 36 months. Not an example with under 15k miles (5k miles per year). I wasn't implying it will appreciate...that's for sure!

 

[extreme]

130R White / Red with black inserts
All carbon options
Tech pkg / XM
CCB

It's not the cheapest NSX deal although I feel good about it.

MSRP $199,200
Selling price $179,999
Acura Money $30,000
My price $149,999

$3,000 drive off fees includes first payment
Lease payment $1,924.37 includes 7.1 percent tax

 

[Ro_Ja Boy]

25% off MSRP seems like a great deal!

 

[Ro_Ja Boy]

How many miles per year? Assume 12k? That would put the numbers correct.

 

[extreme]

How many miles per year? Assume 12k? That would put the numbers correct.

10k
Also added in $2,206.37 for capped taxes. Utah makes us pay taxes on the $30k from acura... should be criminal