Hey gang:

Love this board. Truly informative. Anyway ... It's time to lease again. I'm coming off an older TL lease and it's TSX time.

I was just wondering if it's possible to lease an '04 or '05 TSX (with nav) and keep the price in the $350-ish neighborhood with I'm guessing some considerable bread down.

Is anyone here doing this currently? I mean, I know the TSX ain't the cheapest cars in the world, but jeez, I see all these other national incentives for other sorta comparible cars.

Any advice would be appreciated ...

Anthony

 

Anthony, I believe Honda Finance requires that you put no more that 20% down on a car if you are going to lease through them. The monthly rate is purely dependent on the amount you put down, the length of the lease, the interest rate, and the negotiated price of the car.

Your best bet is to play around with a good lease calculator like this one to see what best fits your budget: http://www.leaseguide.com/calc.htm

Also when you go to negotiate the price of your car, never tell them how you are going to pay until you have reached a price. Oh and don't feel pressured to use Honda Finance either, you can shop around for the best rate from banks and other lenders even before you walk into a dealer.

Good luck!

 

that is definatley possible....

i just got an '05 tsx with nav for $398/month (42 mo.) with only $1000 down

so if your willing to put about $2500 down im sure the monthly payment would be about $350

general rule of thumb....for every $1000 down is about $25-30 a month

 

I'm from NJ, too, DUDE ... WHERE DID YOU GO???