Just looking for input based on what others might have closed deals for.
Considering a 12/36 lease as follows on TLX SHAWD tech.
There were a few things I wasn’t exact on (how incentives break down) but am close with the calculator.
MSRP 43,095
$4925 incentives.
$1500 flex cash
$500 grad credit
Sale price 36000
Money factor .0091
Residual 50%
Monthly $440 with 1133 down for first month and fees. Or $540 no out of pocket.
It seems like they have taken nothing off the sale price of the car except the incentives. Would it not be normal to start from a discount from MSRP?
Thoughts on this? Anyone else seeing better deals on a TLX SHAWD V6 Tech?
I’m embarrassed I didn’t catch that as I wrote this. The deal we were discussing was with the $1133 down. I believe the reason for the discreprency was that the $1500 flex cash was applied to the down payment - so the paperwork showed a $1500 + $1133 downlpayment (w/ dealer paying the $1500). I’m not sure that was factored in the $0 OOP price. (I don’t have the paperwork in front of me).
Thanks for the insight. I realize these cars don’t lease well, and I’d love to find a 2015 or 2016 w/ advance package and just pay cash, but am REALLY struggling to find one. I’m not really in a rush so I’ll keep my eyes opened, but the few I looked at, one was beat to hell, two weren’t actually unavailable at the dealer when I went to look at them. With the many documents transmission issues on 2015’s, and having had the tranny replaced in an 05 MDX I’m leery of buying a 2015 that’s NOT a CPO.
I suppose what I’d really like to know (I realize they don’t lease well given the 50% residual), but none the less, loving that particular car - what’s a reasonable discount? It’s $7100 off MSRP already - but as you mention it doesn’t seem there is any discounts except the Acura incentives.
