Acura

November 2008 Lease Rates for 09 Acura TSX and TL

Published by G

My Take: The residual values are strong on the 09 TSX and TL, but the money factor is still the deal-killer here. Way too high in my opinion. I can’t justify leasing a sub-$30k car for $400+ per month after taxes. That’s just too much. I won’t even get into the payments on the TL, ridiculous. I think something has got to give between now and sometime early next year. The money factors should drop more. I think the base TSX leasing around $350 after taxes (with inception due at signing) is reasonable, while the TL base should be somewhere in the low $400s with tax and inception fees due at signing. That would ideal.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TSX Base $27,381 $29,720 $424 $369 $527 $440
09 Acura TL Sedan $32,896 $35,715 $524 $458 $650 $545

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Yellow boxes denotes “lowest” lease payments for each car.

2009 Acura TSX Base
24 Month – Residual 68% of MSRP – .00263 Base Rate
36 Month – Residual 62% of MSRP – .00263 Base Rate
48 Month – Residual 52% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

2009 Acura TL Sedan
24 Month – Residual 68% of MSRP – .00290 Base Rate
36 Month – Residual 62% of MSRP – .00290 Base Rate
48 Month – Residual 53% of MSRP – .00290 Base Rate
60 Month – Residual 40% of MSRP – .00290 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Acura TSX w/Navigation
24 Month – Residual 65% of MSRP – .00263 Base Rate
36 Month – Residual 59% of MSRP – .00263 Base Rate
48 Month – Residual 49% of MSRP – .00290 Base Rate
60 Month – Residual 36% of MSRP – .00290 Base Rate

2009 Acura TL Sedan SH-AWD
24 Month – Residual 65% of MSRP – .00290 Base Rate
36 Month – Residual 61% of MSRP – .00290 Base Rate
48 Month – Residual 52% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

2009 Acura TL Sedan SH-AWD Tech
24 Month – Residual 63% of MSRP – .00290 Base Rate
36 Month – Residual 58% of MSRP – .00290 Base Rate
48 Month – Residual 49% of MSRP – .00290 Base Rate
60 Month – Residual 37% of MSRP – .00290 Base Rate

2009 Acura TL Sedan Tech
24 Month – Residual 65% of MSRP – .00290 Base Rate
36 Month – Residual 59% of MSRP – .00290 Base Rate
48 Month – Residual 50% of MSRP – .00290 Base Rate
60 Month – Residual 38% of MSRP – .00290 Base Rate

Rates provided by Leasecompare.com

October 2008 Lease Rate for 08 Acura MDX

Published by G

My Take: MDX is not a good lease this month. Just look at the money factor. It doesn’t help that this is the 2008 model, so the residual values are reaching the lowest point of the year. If you have been following this blog for some time or have been leasing for a while, you know these two numbers make for a seriously bad lease. Pass!

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2008 Acura MDX
24 Month – Residual 55% of MSRP – .00290 Base Rate
36 Month – Residual 49% of MSRP – .00290 Base Rate
48 Month – Residual 40% of MSRP – .00290 Base Rate
60 Month – Residual 33% of MSRP – .00290 Base Rate

2008 Acura MDX Sport
24 Month – Residual 50% of MSRP – .00290 Base Rate
36 Month – Residual 45% of MSRP – .00290 Base Rate
48 Month – Residual 36% of MSRP – .00290 Base Rate
60 Month – Residual 30% of MSRP – .00290 Base Rate

2008 Acura MDX Sport w/RES
24 Month – Residual 50% of MSRP – .00290 Base Rate
36 Month – Residual 44% of MSRP – .00290 Base Rate
48 Month – Residual 36% of MSRP – .00290 Base Rate
60 Month – Residual 30% of MSRP – .00290 Base Rate

2008 Acura MDX Technology
24 Month – Residual 53% of MSRP – .00290 Base Rate
36 Month – Residual 47% of MSRP – .00290 Base Rate
48 Month – Residual 38% of MSRP – .00290 Base Rate
60 Month – Residual 32% of MSRP – .00290 Base Rate

2008 Acura MDX Technology w/RES
24 Month – Residual 52% of MSRP – .00290 Base Rate
36 Month – Residual 46% of MSRP – .00290 Base Rate
48 Month – Residual 38% of MSRP – .00290 Base Rate
60 Month – Residual 31% of MSRP – .00290 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

October 2008 Lease Rate for 09 VW Jetta, Acura RDX and Toyota Prius

Published by G

My Take: Couple of things…the Prius lesses well because of the high residual value, but the money factor is pretty high in my opinion. Lower than Honda’s standard lease rate, but high nonetheless, so watch out for that. The RDX looks like it needs further money factor reduction to make it more attractive. It isn’t horrible, but I the lower residual value doesn’t help keep the costs down. Lastly, the Jetta TDI (for those who live in states that have them) seems like an excellent lease with a .00148 mf and fairly high residual values. Remember to lease it for no more than 36 months because VW’s Warranty is only 3 years.

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Volkswagen Jetta TDI Wagon
24 Month – Residual 64% of MSRP – .00148 Base Rate
36 Month – Residual 57% of MSRP – .00148 Base Rate
48 Month – Residual 50% of MSRP – .00188 Base Rate

2009 Acura RDX Wagon
24 Month – Residual 59% of MSRP – .00128 Base Rate
36 Month – Residual 50% of MSRP – .00128 Base Rate
48 Month – Residual 42% of MSRP – .00290 Base Rate
60 Month – Residual 33% of MSRP – .00290 Base Rate

2009 Acura RDX Wagon Tech
24 Month – Residual 58% of MSRP – .00128 Base Rate
36 Month – Residual 49% of MSRP – .00128 Base Rate
48 Month – Residual 41% of MSRP – .00290 Base Rate
60 Month – Residual 32% of MSRP – .00290 Base Rate

2009 Toyota Prius 5dr HB
24 Month – Residual 71% of MSRP – .00265 Base Rate
36 Month – Residual 64% of MSRP – .00265 Base Rate
48 Month – Residual 55% of MSRP – .00265 Base Rate
60 Month – Residual 45% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

October 2008 Lease Rate for 09 Acura TSX

Published by G

My Take: No lease support this month on the 09 TSX still. For those who haven’t noticed, this car’s price tag went up nearly $800 from the 08 model. The residuals are still very strong, so if they can cut the MF down by 50%, we’ll be looking at a better lease deal. To put things in perspective, back in 07, I leased my wife’s TSX for $295 a month + tax with about $750 DOD. That’s $295 + tax with the acquisition fee rolled in! These numbers I am churning out require you to pay for the acquisition fee upfront. Yickes! The 48 month lease is looking rather promising at $352 per month + tax at invoice. Not a whole lot less than the 36 month, but better than nothing. Personally, I’d rather go with a 36 month lease and drop the mileage down to 12k a year. That should net you similar lease payments. I personally wouldn’t lease this car yet, still too early. Please note how 24-month leases have gradually become worse in the past few months. This may be trend-setting. I may have to change THE LIST from 24/36 month numbers to 36/48 month numbers. I don’t forsee leases from captive banks to go away completely, but the better deals will certainly be for longer terms.

  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TSX Auto $27,381 $29,720 $452 $365 $558 $436

  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Acura TSX Automatic
24 Month – Residual 70% of MSRP – .00370 Base Rate
36 Month – Residual 63% of MSRP – .00270 Base Rate
48 Month – Residual 53% of MSRP – .00255 Base Rate
60 Month – Residual 40% of MSRP – .00270 Base Rate

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)

THE LIST, monthly list of car rankings on monthly payments

2009 Acura TSX Manual
24 Month – Residual 70% of MSRP – .00370 Base Rate
36 Month – Residual 63% of MSRP – .00270 Base Rate
48 Month – Residual 53% of MSRP – .00255 Base Rate
60 Month – Residual 40% of MSRP – .00270 Base Rate

2009 Acura TSX w/Technology Package Manual
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 60% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Rate

2009 Acura TSX w/Technology Package Automatic
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 60% of MSRP – .00270 Base Rate
48 Month – Residual 50% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

October 2008 Lease Rate for 09 Acura RL

Published by G

My Take: The 09 RL seems to have gotten the TSX/TL nose job as well. Eww. If you are looking to lease this car, it seems to be a much better lease at the base level trim. If you haven’t noticed yet, Honda/Acura tends to give much lower residual values for the cars containing the Tech package. The logic, at least on my part, is that technology depreciates fast and that lowers the residual value for tech packages found accross all of Honda/Acura’s cars seems to reflect that. This isn’t exactly the explanation Honda/Acura will give you, but at the very least, it seems to make sense. With that said, the RL has lease support for the 09 model, so it may be worth a look. Check THE LIST to compare it’s payments with other models.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura RL Sedan $42,320 $47,040 $671 $588 $725 $873
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Acura RL Sedan
24 Month – Residual 60% of MSRP – .00119 Base Rate
36 Month – Residual 51% of MSRP – .00119 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)

THE LIST, monthly list of car rankings on monthly payments

2009 Acura RL Sedan Tech Package
24 Month – Residual 57% of MSRP – .00119 Base Rate
36 Month – Residual 49% of MSRP – .00119 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 30% of MSRP – .00270 Base Rate

2009 Acura RL Sedan Tech/CMBS/PAX
24 Month – Residual 53% of MSRP – .00119 Base Rate
36 Month – Residual 47% of MSRP – .00119 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate
60 Month – Residual 28% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

October 2008 Lease Rate for 08/09 Acura TL

Published by G

My Take: The new 09 Acura TL is finally out and it’s looking alright, from a leasing standpoint. The residual value is high, the money factor is also kind of high, but that’s Honda’s standard rate, so it’s not TOO bad. Check out MBs lease rates and you’ll see what I mean. The price range for the TL has gone up considerably, with the base model starting at around $35k. I don’t recommend leasing this car since I’m pretty sure invoice price will be hard to come by. If you do, please leave a comment, inquring minds want to know. For those shopping for an 08 model, there’s about $3500 worth of dealer cash, so that should help offselt the less than desirable residual value and money factors.

UPDATE: I have updated the lease rates for the month. The 24mo lease seems to be a horrible lease right now. That seems to be the trend for most cars nowadays thanks to the financial crisis, it seems short-term leases aren’t as attractive. You may want to consider the 48mo lease in this case. The MF drops and the residual holds steady at 54%, which is better than most 36mo leases.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Acura TL $32,896 $35,715 $570 $438 $698 $524

  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Acura TL Sedan
24 Month – Residual 68% of MSRP – .00370 Base Rate
36 Month – Residual 63% of MSRP – .00270 Base Rate
48 Month – Residual 54% of MSRP – .00255 Base Rate
60 Month – Residual 40% of MSRP – .00270 Base Rate

Got questions? Post it on the RIDE Auto Forum! Sign up HERE. If you like the site and would like to receive my latest posts, you may want to consider subscribing to our newsletter on a reader or have it delivered to your email.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)

THE LIST, monthly list of car rankings on monthly payments

2008 Acura TL-S
36 Month – Residual 53% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Acura MDX

Published by G

My Take: The bad news is that the MDX doesn’t have any lease support this month. The good news is that there is $4000 of factory to dealer cash available. It doesn’t mean you will get all that cash for sure, but it doesn’t hurt to ask for it. Keep in midn that’s manufacturer to dealer cash, so I would mention that AFTER you negotiate a sale price from the dealer. I know, I’m sneaky like that, but hey, its your money, I’m just trying to save you some. Another option would be to take advantage of the 0.9% for up to 36 months and 2.9% for up to 60 months. Not too bad if you ask me.

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  • MDX Stock
  • MSRP $40,955
  • Invoice $37,274
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Acura MDX
24 Month – Residual 55% of MSRP – .00370 Base Rate
36 Month – Residual 49% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate

24mo Payment: $836 at invoice, $1003 at MSRP
36mo Payment: $633 at invoice, $745 at MSRP

Check out THE LIST to see how this car ranks among other models

2008 Acura MDX Sport
24 Month – Residual 50% of MSRP – .00370 Base Rate
36 Month – Residual 45% of MSRP – .00270 Base Rate
48 Month – Residual 36% of MSRP – .00255 Base Rate

2008 Acura MDX Sport w/RES
24 Month – Residual 50% of MSRP – .00370 Base Rate
36 Month – Residual 44% of MSRP – .00270 Base Rate
48 Month – Residual 36% of MSRP – .00255 Base Rate

2008 Acura MDX Technology
24 Month – Residual 53% of MSRP – .00370 Base Rate
36 Month – Residual 47% of MSRP – .00270 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate

2008 Acura MDX Technology w/RES
24 Month – Residual 52% of MSRP – .00370 Base Rate
36 Month – Residual 46% of MSRP – .00270 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

The Most Reliable Brand?

Published by G

Consumer Reports’ most reliable brand is Honda, followed by Acura. No big surprise there. It is well-known that Honda makes great cars, so I won’t disagree with Consumer Reports on this one. A few brands seem out of place, like Buick rolling in at 10th.

Here is a quick summary of the top 10 most reliable brands.

  1. Honda
  2. Acura
  3. Scion
  4. Subaru
  5. Toyota
  6. Lexus
  7. Infiniti
  8. Mitsubishi
  9. Porsche
  10. Buick

Buick sticks out like a sore thumb here. Considering Buick is a GM, that’s some serious reliability there.
So who are the bottom-feeders of the list?

  1. Land Rover
  2. Hummer
  3. Cadillac
  4. Mercedes Benz
  5. Pontiac
  6. Volkswagen
  7. Chevrolet
  8. Jeep
  9. GMC
  10. Suzuki

What I find surprising is how GM has 50% of the crappiest brands out there. OUCH! I take back what I said about GM not making crappy cars. What is interesting to see is that only one Japanese automaker on the 10 worst list is Suzuki, which also happens to be 10th worst (not exactly bad if you ask me). We also see only 2 Germans and the rest are all American. That’s 70% of the of that list. Pretty sad.

Keep in mind that it doesn’t mean ALL cars of that brand are bad, the CR report gives you a visual range of how good/bad this brands models are.  For example, Pontiac has the widest range of good-to-bad models of any manufacturer, with the Solstice being pure garbage and the Vibe being their best model (It’s no coincidence since the Vibe is the Toyota Matrix’s cousin).

CR brand reliability report [PDF]

Your thoughts?