Certified Pre-Owned Acura: Quietly Excellent Value for El Paso Drivers

Financially astute individuals often use leasing to bring down the cost of driving a brand-new luxury vehicle. If you're considering one of Acura's superb 2025 lineup of SUVs, inquire about the leasing benefits and options you can enjoy at your local Acura dealership. You're sure to be impressed. Leasing Is Far More Affordable Are you concerned about the price of a new high-performance MDX or sporty RDX crossover? If you purchase one of these luxury SUVs outright on finance, you'll face large monthly payments starting with a sizable down payment. However, if you lease instead, you might find these costs halved. This is because when leasing, the lessee is only expected to pay the depreciation amount rather than the vehicle's full value. more New Acuras Are Warranty-Protected With a lease, you can also put aside worry about unexpected repair costs. Your leased SUV will be protected by Acura's new-vehicle warranty. If you then decide to lease consecutive Acuras every couple of years, you'll never know a day without warranty coverage. Leasing Lets You Try Before Buying Perhaps you're unsure whether or not to buy an all-electric ZDX, and one test drive wasn't enough to decide. In this case, why not lease to begin? Then, after a couple of months or years, you can buy out the lease if you like, or simply return the SUV and lease another model. You Needn't Worry About Depreciation Depreciation bothers some buyers who don't enjoy seeing the value of their investment decline in the first few years, as happens with all new cars. Lessees have no such concerns. If the depreciation is steep, you can simply return the car when the lease term ends. On the other hand, if depreciation is less than expected, you could buy and keep the SUV, paying a prearranged buyout price. Superior Power, Tech, and Safety Acuras are famously advanced vehicles, with plenty of power under the hood and cutting-edge tech throughout. By leasing a 2025 model, you're gaining access to the very latest in engineering cleverness, driver-support tech, and automated safety systems, all for a lower price. Visit Our Acura Dealership to Discuss Your Leasing Benefits and Options more more Acura has a terrific range of luxury SUV models to suit all kinds of tastes and needs. The ADX is compact and nimble. The RDX is sporty with unbeatable handling. The MDX is spacious and commanding, and the ZDX is silent with exhilarating all-electric power. Why not test drive the various trims of each model? We'll go over your leasing options, including how much you stand to save, and you're sure to leave the lot in your ideal luxury SUV with a budget-friendly payment arrangement. Come to Fox Acura of El Paso in El Paso, TX, today to feel the thrill of driving a brand-new Acura.

Are you getting ready to buy a new car? While the prospect of searching for your next vehicle is exciting, there's no doubt that it can also be an intimidating and stressful process. Here are a few reasons why visiting your Acura dealership is the best place to start. 1. You Can Trust the Experts One of the greatest parts about visiting a dealership for all your car purchasing needs is that you'll be talking to people who work exclusively with this brand of car. This means that you'll get clear answers to any questions you have about an Acura model, and the staff will be able to help you find the perfect car for your needs and lifestyle. more You'll rarely experience this with independent sellers! They may know one or two basic things about the car you're purchasing – but they'll never be able to give you the details that the staff of a dealership can. 2. You'll Know the Cars Are Quality With independent sellers, it can be difficult to ascertain whether or not a car you're interested in is of good quality. The seller certainly might tell you it's a good-quality vehicle: but there are no regulations in place to back those statements up. When you go to a dealership, you can trust that every car they have is of great quality. Both car dealers and manufacturers are proud of what they make and provide, and both want to you be satisfied with the quality of all their products. 3. Your Dealer Will Be Able to Offer a Warranty If you're purchasing your car from an independent seller, you most likely won't be getting a warranty to go with the vehicle. Unfortunately, that means that if the worst happens and something goes wrong with your car, nothing is covering you and your wallet. On the other hand, most dealerships will provide you with a warranty when you buy your car. Ideally, the warranty is something you'll never need to think about. But if something happens to you and your vehicle, you'll be grateful you have it. At the very least, it offers some peace of mind! 4. You Can Take Your Time at a Dealership Buying a car from an independent seller often involves making quick decisions. After all, if you don't move fast, you could lose out on that car! However, those snap judgments can result in making a purchase you regret down the road. At a dealer, you have lots of time to think things over. In fact, if you're on the fence about a particular car, most dealerships will give you a day or two to think over your decision. This allows you to make choices with a clear mind. Buying a car can be as overwhelming as it is exciting. With so many options available, it can be difficult to even know where to start! Just remember that when you go to a dealership, you can trust the quality of the cars as well as the customer service you'll be getting. If you're ready to start shopping for your dream car, then head down to Fox Acura of El Paso today! Image via acura.com

When shopping for a new Acura, the question often arises, "Should I buy or lease?" Consider factors such as monthly budget allowance, vehicle usage, and upfront and turn-in costs before you decide. Let's break it down. Monthly Payments When you lease a vehicle, it is a lower monthly payment. Essentially, you are paying for the wear and tear of the vehicle, plus interest, while driving it over the term of the lease. If a 2019 Acura MDX costs $40,000 and the depreciated value when finished is $30,000, you end up paying $10,000. This is called the Residual Value. For three years, this example translates to $278 per month. more When you finance a 2019 Acura MDX, you pay the entire $40,000. You will most likely need to put a deposit down, or trade in a vehicle, and finance the rest. Let's say you trade in your old vehicle for $10,000 and finance the balance. A five-year note will cost you around $500 per month at a zero interest rate. At a 4.9 percent interest rate, that number jumps to $565 per month, twice the amount of a lease payment. Ownership When you lease, you never own that sporty Acura NSX. It is like paying rent on an apartment. When your term is up, you turn the vehicle in and you get nothing in return. Often there are fees associated with leases that can add even more money, such as excess mileage and unusual wear and tear. At this point, you either lease another vehicle or purchase one, because you need a car after all, right? If you finance the sleek Acura NSX, when paid, you own it outright. You can sell, keep, or trade it in for a new one — you decide. The bottom line is when you purchase a vehicle, you build equity, provided the value of the vehicle doesn't overly depreciate. This is more likely to happen if you finance for long terms. In general, if you finance for longer than six years, you likely cannot afford the vehicle. Taxes When leasing or buying a new Acura, whether it's the ILX, RDX, or NSX, you have to pay sales tax. The difference between leasing and buying is with a lease, you generally only pay sales tax on the down payment and monthly payment. However, this can vary widely depending on the tax jurisdiction you reside in. Sometimes you pay sales tax on the entire value, so be sure to check. If you put $3,000 down on an Acura TLX lease, and your payment is $250 per month for 36 months, your entire tax burden at 5 percent is roughly $600. When you purchase that new Acura TLX, you are responsible for paying the sales tax on the entire value. If the car costs $30,000 and the tax rate is 5 percent, you must pay $1,500. That's more than twice what you pay for a lease. It is best to figure out how much you plan on driving the car, what you can afford every month, and then shop for the deal that best fits your lifestyle and budget. Visit Fox Acura of El Paso and find out more from our Finance department. Image via acura.com