How much do you pay for your tsx?
How much do you pay for your tsx?
Hey guys
I'm just coming by here from the CL side of acurazine, and I have a few quick questions.
For those of you who lease'd your TSX, how much do you pay a month, for how many months, and did you put any money down?
I see a deal they offer over here for 250/month for 36 months, but a 5k down payment. The 5k down payment seems pretty dumb though for a lease...
Thanks in advance!
I'm just coming by here from the CL side of acurazine, and I have a few quick questions. For those of you who lease'd your TSX, how much do you pay a month, for how many months, and did you put any money down?
I see a deal they offer over here for 250/month for 36 months, but a 5k down payment. The 5k down payment seems pretty dumb though for a lease...
Thanks in advance!
The $250 sounds good but not the $5K down. On a lease u never want to put down more than $2K if anything becuase u never see that money again...it's lost.
I'd see what they can do for no money down or $2K down and go from there
-Pat
I'd see what they can do for no money down or $2K down and go from there
-Pat
You should try these threads: https://acurazine.com/forums/showthread.php?t=17063
and https://acurazine.com/forums/showthread.php?t=20561
and https://acurazine.com/forums/showthread.php?t=20561
$5K down is ridiculous.
My lease is $309/month with a total drive-off of $1700 (first month's payment, licensing fees, security deposit, and just a tiny bit of cap cost reduction).
My lease is $309/month with a total drive-off of $1700 (first month's payment, licensing fees, security deposit, and just a tiny bit of cap cost reduction).
Originally Posted by CGTSX2004
$5K down is ridiculous.
My lease is $309/month with a total drive-off of $1700 (first month's payment, licensing fees, security deposit, and just a tiny bit of cap cost reduction).
My lease is $309/month with a total drive-off of $1700 (first month's payment, licensing fees, security deposit, and just a tiny bit of cap cost reduction).
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I don't agree with the no money down for >2K philosophy. The more money you put down as down payment, the lesser your monthly payment will be. I had savings so I put down as much as I could in down payment (which was interest free) to minimize my monthly payment and, therefore, its interest. If you are leasing your car, in the end, everything you put into the car will be lost anyway, unless you buy it. I would have chosen to put in all my payments up front to save myself from interests if I could, but Honda has a 20% maximum down payment rule.... this way so they can earn interests on our monthly payments... they want us to have high monthly payments. This is the same logic as with buying a car... the more money you put down up front, the lesser you pay in interest in the long run. Just use a payment calculator to see if you are getting ripped off by that deal.
Originally Posted by yacro
I don't agree with the no money down for >2K philosophy. The more money you put down as down payment, the lesser your monthly payment will be. I had savings so I put down as much as I could in down payment (which was interest free) to minimize my monthly payment and, therefore, its interest. If you are leasing your car, in the end, everything you put into the car will be lost anyway, unless you buy it. I would have chosen to put in all my payments up front to save myself from interests if I could, but Honda has a 20% maximum down payment rule.... this way so they can earn interests on our monthly payments... they want us to have high monthly payments. This is the same logic as with buying a car... the more money you put down up front, the lesser you pay in interest in the long run. Just use a payment calculator to see if you are getting ripped off by that deal.
they just look at it differently ...each method has its +'s and -'s
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