mckarn77

I am currently leasing a 2008 Acura TSX with Navigaiton, which is ending in May 2011. I love the car and would love to buy it at the end of the lease. Does anyone know if I would be able to negotiate the price of the buyout? The vehicle was involved in a head on collision in 2009 (just about 1 yr into the lease), causing over 18K in damages. The front end was essentially rebuilt and I have had no problems since the repairs were completed. Also, since it is the older model of the TSX, I was hoping that could be a bargaining tool. Anyone have any thoughts on this?! Thanks

stogie1020

Welcome to Azine.

I got nothing for you on the lease, though... Dunno

Will Y.

Your best bet for more opinions might be at the TSX forum at https://acurazine.com/forums/.

I've heard on the boards here that Honda Financial doesn't negotiate the lease buyouts for the TL usually, but has in a few instances.

Welcome to AZ.

AZuser

over $18K in damages and it wasn't totaled?

vas25tl

Wow, how bad was that accident?

I don't think you can negotiate as the buy/out sale is typically presented to you at the lease signing.

I could be wrong though, I've never leased a car.

CGTSX2004

iTrader: (1)

Anything is negotiable, but I doubt you're going to convince someone that they should lower the purchase price because of an accident.

I would take some time and research the current purchase price of similarly equipped cars in your local market and if that number is quite a bit lower than what the residual value is, you are likely to be able to convince them to adjust the residual down to that market value.

ThermonMermon

something tells me that you could probably find an accident-free used TSX for a similar price as the buyout. end of story??

phee

iTrader: (5)

find an accident free one and buy that one. the buyout will cost you. you CAN negotiate it but the accident wont be a strong negotiating point and can potentially affect your lease fees after closing

juniorbean

iTrader: (5)

Welcome to AZ!!

While leasing is a general question, you'll probably have more luck on the TSX section of the site so others who have leased the TSX can chime in. Car Talk is more for general discussions of models not covered by one of our sections, so someone with experience leasing the TSX, or more specifically, dealing with Honda of America financing, would likely be more help.

I'll go ahead and move this to the TSX section for you. Thanks and good luck!

Civic2TSX

I also lease the same car as you. My buyout is like 17K. From what I've been told, you are set at the purchase price on your invoice. But like others have said, that doesn't stop you from returning it and buying another 08 TSX. I was told that when I spoke to someone at Acura Financial about what I'm going to do about my car. I still haven't decided and I only have until Sunday.

Simba91102

I agree. That accident will effect the value of the car as long as it's on the road (and I'm surprised it doesn't bother you. If it was me, I would have been counting the hours to the lease end since the day I got it back from being fixed). Unless for some reason you're really attached to it, I'd drop it like a hot potato and find a one that hasn't been hit. Up to you of course.

club_euro2

I would advise you to turn in the current lease and get another 08 TSX that has not been involved in an accident. Acura Financial Services does not negotiate on lease buyouts.