Low Residual?
Low Residual?
Doing a comparison of the TSX and TL on acua.com, and the strange thing is the TSX holds WAY more value than the TL! Why so? First figure is the TSX, second figure is the TL. BIG difference.
ALG Residual Value after 36 months 53% 41%
ALG Residual Value after 60 months 39% 28%
ALG Residual Value after 36 months 53% 41%
ALG Residual Value after 60 months 39% 28%
Also, when comparing thse two vehicles, notice ALL the errors in the TL info. I compared the 6mt w/Nav on both cars. IT says the TL's NAV is optional (on the 6MT w/Nav model?) and HID and heated seats and steering wheel controls are all optional. How could Acura have missed this?
on 11/29/2003 my residual for my 2004 SSM TL No/NAVI 15k Miles 36 Month was 59% with my Interest rate (money factor) of .00218 which is 5.2% (rate had just gone up for me at the time ..boo...)
So I believe when you do the calcs.. its MSRP * .59 = Residual.
Example: 33195k * .59 = $19585.05
I think 39 Month was 60% but I'm not interested in leasing cars over 36 months.
Anyway...
59% is a great residual when you compare that to the Nissan Maxima which I believe was 54% at the same time.
So I believe when you do the calcs.. its MSRP * .59 = Residual.
Example: 33195k * .59 = $19585.05
I think 39 Month was 60% but I'm not interested in leasing cars over 36 months.
Anyway...
59% is a great residual when you compare that to the Nissan Maxima which I believe was 54% at the same time.
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