Last post on Nov 05, 2013 at 12:08 PM
You are in the Acura RL
What is this discussion about?
Acura RL, Sedan
#4170 of 7386 Re: Just got some lease info on 05 RL [olneymd]
Oct 15, 2004 (3:12 pm)
I read your lease numbers with interest! I have leased my last three cars and have been able to compute the exact lease cost independent of my dealer's computation.
Based on monthly depreciation and a 58% residual, it appears that your lease is based on a purchase price of $51,086. I did not include any sales tax because you implied that you were paying that upfront. The 2005 RL supposedly has a MSRP price of $49,470 (which includes a delivery cost of $570). I am curious as to whether you paid over list for the car or you dealer charged you more depreciation than he should have. With respect to the monthly lease charge (i.e., interest), I arrive at $206--a difference of $5 per month. The formula is cost of car ($51,086 plus residual value of $29,630 = $80,716 multiplied by the interest factor of .0255 = $206.
When I leased my 2002 RL the MSRP was $43,630, but I got a 12% discount off list, the interest factor was 40% of your interest factor, although the residual value was only 51% compared to 58% (which is a very high residual factor and therefore helps to keep the lease cost down). In any event, the bottom line is that my monthly lease cost is about $520 (before sales tax based on a 39 month lease), compared to your least cost of $797 based on a 36 month lease. My how things have changed in three years! The RL has gotten into the big leagues price wise. It will be interesting to see the demand for the 2005 RL and how many will sell at the MSRP price before Acura discounts them, as they have done for many years. Maybe we won't be so lucky in the future.
Good Luck with you new RL and enjoy it to the fullest! I hope to take a test drive when things quiet down.
#4171 of 7386 2005 RL Styling Features
Oct 15, 2004 (4:08 pm)
There is so much hype on this message board that I fear saying anything negative about the 2005 RL will make me an outcast!
Out of curiosity and after reading this message board for months, I decided to stop by my Acura dealer for a quick look at the 2005 RL to see if the reality lived up to the hype!
They had only one 2005 RL, which was being driven by the dealer's owner (no demo yet). It was white with parchment interior. With no offense to anyone, I don't care what kind of car it is, if it is white it tends to be bland looking. I prefer a dark car which brings out the styling features in a more elegant way. I am sure that the 2005 is stunning in a dark color which is what I would opt for.
The interior is much richer, more elegant and upscale from the 2004 and prior RL's. I like the flat leather panels on the doors compared to the wrinkled leather look of the past. It really looks more chic. The seats seem very comfortable. When I first saw pics of the large titanium colored panel extending from the shift lever up to the center of the dashboard, I thought it looked a little garish. However, in real life it looked more subdued and seemed to blend in well.
I got a 2005 RL catalog and made a quick attempt to compare some statistics. The big disappointment, and not surprising, is that they have cut the cargo capacity in the truck from almost 15 cf to 13.1 cf--a loss of about 2 cf. In my world that it substantial. I need a big truck and have been able to really load up the trunk for trips.
I reason I thought the trunk would be smaller is that they seem to have cut a big piece off of the rear end. Like many have said before, I still think it looks too Honda Accordish (which also has a clipped off rear end). The car is about 3 inches shorter than the 2004, which certainly doesn't account for the big reduction in truck space. I wonder where that additional space went as the interior space looks about the same? To pay $50,000 for a new car and get such a small trunk is a disgrace when you only need one car in the family.
It still looks like an RL, only more aerodynamic in styling and less boxy. I found the profile on the front headlamps upsetting. You can see through the lens and it looks like cheap tin canasters. Perhaps that was needed because the light turns when you turn corners. The chrome strip on the rear bumper does not encompass the entire bumper as it did previously (although it was more for looks than protection). The redesigned rear bumper which looks more massive, with little protection, will be asking for a lot of scratches. Down with plastic bumpers!
I think the bottom line with the new RL is that is was redesigned to appeal to those who want a more youthful and sporty car with a shorter looking rear end. I passed an Audi on the way home and it had the abbreviated rear end look. The "proof in the pudding" will be its feel behind the wheel and the pleasure one gets from driving it compared to its predecessors.
Good Luck to all who get on the bandwagon early for the 2005 RL-- have a ball with it!
Oct 15, 2004 (4:40 pm)
When I first saw pics of the RL, I thought it looked kind of bland and boring. But the more I see of it, the more it reminds me of the MB E Class, which I think is one of the best-looking mid-sized sedans. I agree that the reduced trunk capacity is a big negative, which is also one of the complaints I have about the '04 TL. For family use, the small trunk means the RL (or TL) couldn't serve as the primary family vehicle, since you would basically need to have another (bigger) vehicle for summer vacations, or even weekend ski trips when you need to pack a lot of gear.
#4173 of 7386 Re: Just got some lease info on 05 RL [adamar1]
Oct 15, 2004 (5:00 pm)
The lease depreciation calculation is based on MSRP of $49,470, plus the lease acquisition fee of $595 - for a gross cap cost of $50,160.
#4174 of 7386 Re: 2005 RL Styling Features [adamar1]
Oct 15, 2004 (5:16 pm)
I think that we all agree that opinions on styling are subjective. Being somewhat conservative in my automotive styling preferences, I think the car is impressive.
However, one feature, or lack thereof, has me perplexed. Acura seems to have thought of almost everything to put in a $50,000 automobile.
They've moved the envelope but there's only a four way passenger seat according to the bruchure!!! I realize this is very slight omission but it does seem like an oversight in such an expensive car.
Oct 15, 2004 (5:54 pm)
In Canada, the RL is $25,000 more than the TL-Navi. Factor in taxes (17.5% in BC), and the difference approaches $30,000. Can any TL owner reconcile/justify that difference to trade up? I think I would have trouble anteing up. Now, if they had included a V8 and 50 more ponies....
#4176 of 7386 Re: Just got some lease info on 05 RL [olneymd]
Oct 15, 2004 (9:04 pm)
You said that "the lease depreciation calculation is based on MSRP of $49,470, plus the lease acquisition fee of $595 - for a gross cap cost of $50,160."
I now agree with the $791 total monthly lease cost. It's still a lot of money on a monthly basis compared to leasing the RL's of past! I hope the enjoyment is worth the big increase in monthly leasing costs! Acura has put the RL in the MB, MBW, etc. price range I am sad to say.
The Lexus LS430 is only about $6,000 more and certainly you can get a discount off MSRP which narrows this differential. Many consider the LS430 the Mercedes Benz of the Japanese cars which has proven to be more superior in quality control. It has 20 cf of trunk space or 7 cf more than the 2005 RL. Until it has AWD I wouldn't consider it. Also, it is probably not the car for someone who wants a car with more sports appeal. The $50,000 to $60,000 range for a new car is an interesting world and now we Acura RL lovers find ourselves in it and may do more comparison shopping in the future.
#4177 of 7386 Re: [bodble2]
Oct 15, 2004 (9:11 pm)
You wrote "In Canada, the RL is $25,000 more than the TL-Navi. Factor in taxes (17.5% in BC), and the difference approaches $30,000. Can any TL owner reconcile/justify that difference to trade up? I think I would have trouble anteing up. Now, if they had included a V8 and 50 more ponies...."
Even before the 2005 RL price shot up, I questioned the differential. I have test driven the 2004 TL and the predecessor model. While I agree that the differential seems like a lot of money, I really didn't enjoy driving the TL that much and didn't feel comfortable in it. When I drive my RL I feel like I am in heaven! Therefore, the differential was worth it to me because the two cars are like night and day in my opinion. I think the styling of the TL is beautiful--very sculptured. The change in the RL styling is not as dramatic as that of the TL. It's all in the mind and eye of the beholder! There is no denying that Acura makes a great product in all of their car models. Acura is getting a lot of good press from this message board.
#4178 of 7386 Re: Got it!!! [bodble2]
Oct 15, 2004 (9:23 pm)
Hi bodble2. I don't know why the US flag was up there. Anyway, I think I fixed it and there should be a Maple Leaf on this post.
Thanks for the info on Burrard Acura. I haven't actually contacted any local dealers yet, but have only been looking at the Acura Canada site, which has nothing other than some pictures of the RL.
I am actually planning to wait for the Audi A6 (and maybe even the A4) to become available before going to any dealers. In fact, I was thinking the RL at approx. C$70,000 would be a bit above my budget; however, if we get the 58% residual that they are giving the US, and a reasonable interest rate, the monthly lease payments may be affordable. So far, just looking at the web sites, the BMW 3-Series has the best least rates. From your contacts do you have any pricing and lease info for the RL?