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I just got quoted $2,000 OOP, 15,000 miles, over $600/month for FWD A-Spec.
That's Ohio so all of that $2,000 OOP is probably taxes.
Still doesn't strike me as a good deal.
That's not a good deal. Don't forget that you're also fighting against a car that made its 2021 MY debut in Sep 2020. I think the '22 TLX is coming out in 2 months so you may be better off waiting for the new ones and their higher residual value.
=ELIN;16742998]I wouldn't put the whole $5000 back into the lease. If anything, I would only put $2-$3k down and ask the dealer to write you a check for the balance of the $5k.
At $139/month ($5k/36 months), you stand to lose quite a bit of down payment if you get out of the lease early. It's quite common to end a lease 3 months early if you see something you like.
Ever lease before? What's the negotiated price?[/QUOTE]
Here’s the negotiated price and I plan to buy the car or trade in for another Acura at the end of the lease term.
Here’s the negotiated price and I plan to buy the car or trade in for another Acura at the end of the lease term.
That negotiated price doesn't look horrible (12% off MSRP!). Looks like you dropped the trade-in equity to $2500, assuming they write you a $2500 check to put in pocket.
Some states allow you to drop your tax burden on the new car based on the valuation of the trade-in. Check with your state and dealer to make sure you get your tax credit if not listed in your quote.
I would probably do the deal assuming they don't sneak in any additional tricks like window etching, etc.
That negotiated price doesn't look horrible (12% off MSRP!). Looks like you dropped the trade-in equity to $2500, assuming they write you a $2500 check to put in pocket.
Some states allow you to drop your tax burden on the new car based on the valuation of the trade-in. Check with your state and dealer to make sure you get your tax credit if not listed in your quote.
I would probably do the deal assuming they don't sneak in any additional tricks like window etching, etc.
thanks for the reply. I thought was a good deal. Only have to decide about the money up front trade in my old Honda CR-V 2010 (no air bag a/c works on and off) or come with $5000.00 cash. My friend will also buy the CRV for 5K as is which will give me the cash. They dropped trade in value to $2500 because of no airbag.This lease is also out of state in an adjacent bordering state. They are not sneaking anything else in, I turn down all added options.