Thanks to Leasehackr reader senwia for sharing this deal; he managed to lease a TLX sedan for $199 per month with $1,343 total drive-off, including taxes and fees.
Fancy a luxury car but can't stomach the flash of a BMW, Mercedes, or Audi? Consider Acura's TLX, which, wonky transmission choices aside, offers the familial Honda virtues of rationality and user friendliness in a slightly posh wrapper.
Lease Program - Valid Through September 6, 2016
The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is Acura Financial Services's current lease program for 2016 TLX assuming top tier credit:
|36 months, 10,000 miles/year|
|TLX Base (I4 or V6)||TLX Tech or Advance|
Subtract 1% from the residual value for 12,000 miles per year. Subtract 3% from the residual value for 15,000 miles per year. Here are the incentives currently available:
|Edmunds Inside Deal||$1,750|
|Acura Lease Loyalty||$1,000|
|Acura Military Appreciation||$1,000|
|Acura Recent College Graduate Bonus||$500|
Readers report getting an Edmunds Inside Deal by selecting a BMW 3-series from the Edmunds.com homepage. It shows up on the following page as a banner; click on it to have the offer code emailed to you. The code expires September 6, 2016.
A 2016 TLX has an MSRP of $32,635. Here in Southern California, the average selling price of that model is $29,200 (inclusive of $2,000 in dealer cash). The lowest selling price we see currently offered by a dealer on a car shopping site is $28,080. On Leasehackr Forum, a handful of readers report around $5,000 to $6,000 off MSRP. Your selling price will vary depending on location and available inventory.
Putting It Together
Use the lease calculator below to customize your own inputs, such as annual mileage and selling price. Here's a sample deal of a 2016 TLX ($32,635 MSRP) assuming a selling price of $28,080, excellent credit, and use of the $1,750 Edmunds Inside Deal offer.
GM Acquisition Waiver: waive the acquisition fee by raising the MF by 0.00055.
Total one-pay lease payment:
Total MSD payment:
Registration and doc fee:
Tax on cap cost reduction and fees:
Tax on the total lease payment:
Tax on the sales price: