Can anyone provide the current residual for 36 months and 42 months at 12k miles per year? I was quoted 56% and 58% for 36 mos (12k/15k respectively). How about money factor?
Much Thanks

 

I can't tell you the residuals, though there are several dealer reps who post here so they would know more, but the money factor will be dependent on your credit and your negotiating skills. Ask around and see what the best money factor is you can get because they will differ from dealer to dealer.

 

TSX Resiudual Values:

36/mo 12K: 58%

36/mo 15K: 56%

48/mo 12K: 50%

48/mo 12K: 48%


The money factor is usually similar to the best interests rates available.

That is, if you qualify for a 4.5% interest rate the money factor equals 4.5% divided by 22 =.002045

 

Anyone recall, but those numbers don't seem as good as they use to be (residual values)?

 

Thanks for the numbers and info GT. What kind of price did you get in Oregon? I'm going to negotiate tonight (in Florida).

 

I decided to finance (4.9% for 72 months)

As provench stated the residuals have declined.

When the TSX first came out, 36 month residuals on 12k /year was around 65%

But, those that leased back in 2003 most likely paid MSRP.

Hopefully if you lease now, you can get the car below msrp with a good money factor (.0025 or below)

Residual values are always the highest when the vehicle first comes out. Also, the residual was high at the start because it was a new model / and there was no past data to base the resale value on.

Edmunds.com has a lot of good info on leasing. They even tell you how to calculate your own lease payment.