The Estimated Total Cost to Own an Acura TLX
Acura, Honda’s luxury vehicle division, has been designing affordable high-end vehicles since 1986. The automaker unveiled the TLX in 2014. This luxury sport sedan boasts high-performance capabilities, a plush interior and high reliability ratings that will give any car shopper a valuable return on their investment.
Buying or leasing an Acura TLX, however, goes beyond budgeting for the initial price. Car ownership entails paying numerous recurring costs over your years of ownership and being ready to pay unexpected expenses in case of an emergency. Before going into a used car dealership in Washington D.C. or Baltimore to shop for an Acura, you should understand exactly how much you may be signing up to pay for the next couple of decades.
Cost Breakdown
MSRP: For the 2023 model, the Acura TLX starts at an MSRP of about $40,000. More advanced models like the Type S can push the price over $55,000.
At Easterns Automotive, you can buy an Acura TLX for half the cost, if not less, without worrying about compromising your investment’s long-term quality. Our models are only a few years old at most, and we rigorously inspect them to ensure they’ll last another hundred thousand miles or more.
Insurance: The cost of insuring an Acura TLX can vary based on your age, driving history, location and the specific insurance company. On average, you might expect to pay between $1,500 and $2,500 per year for insurance, but this can be higher depending on your age, the city where you live and your driving record.
Fuel Costs: The fuel efficiency of the Acura TLX depends on the specific model and engine type. The base model with the 2.0-liter engine has an EPA estimate of about 22 mpg in the city and 31 mpg on the highway. Using the U.S. average gas price of around $3.50 per gallon and assuming you drive about 15,000 miles per year, you may expect to pay around $1,800 annually for gas.
Maintenance and Repairs: If you’re buying new or fully refurbished, chances are your Acura TLX won’t require expensive upkeep for a few years, but over time the costs can grow more expensive. As the model ages, you’ll need to factor in oil changes, tire rotations, brake pad replacement and unforeseen repairs into your budget.
Compared to other brands, especially other luxury car brands, Acura has comparatively low maintenance costs. The Acura TLX typically costs around $501 to maintain each year, while the national average for vehicle maintenance is around $632. The brand also has an above-average reliability rating, so owners can worry less about a potential breakdown and pay less if any issues do occur.
At Easterns Automotive, we offer a seven-day return policy and our 30-day / 1,000-mile warranty so buyers can rest easy knowing that if they run into any issues after leaving the lot, we’ll address them promptly and assiduously.
Depreciation: Depreciation is a significant but often overlooked cost of vehicle ownership. Luxury vehicles like the Acura TLX are at an elevated risk of fast depreciation. In the first five years, you can expect a new luxury vehicle to lose about 40 to 50 percent of its value, depending on condition and mileage.
New Acura TLX Five-Year Cost Breakdown
Say the MSRP for your specific model is $46,700. Factoring in:
- Insurance: $2,000/year x 5 years = $10,000
- Fuel Costs: $1,800/year x 5 years = $9,000
- Maintenance and Repairs: $800/year x 5 years = $4,000
- Depreciation: 45 percent of $46,700 = $21,015
In total, you’ll spend $90,715 over 5 years, or $18,143 per year. Your costs may be much lower if you buy a pre-owned Acura TLX, as you will dodge most of that depreciation without sacrificing the low maintenance and fuel costs.
We’ve Won DealerRater’s “Consumer Satisfaction Award” Seven Years in a Row for Dedicated Customer Service
At Easterns Automotive, we offer shockingly reasonable prices for our Acura models and flexible financing that puts your needs and preferences first, even for shoppers who might not have stellar credit.
As the dealership where “Your Job is Your Credit™”, all we require is proof of steady employment and we’ll utilize our connections with auto lenders to help you secure the financing you need to comfortably afford a certified pre-owned Acura TLX or any other make or model you’re looking for.
Browse our Acura inventory online or in person at one of our dealerships today.