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Prices Paid: Buying & Leasing Experiences Acura TL Prices Paid and Buying Experience
10989 messages, Last post on Dec 04, 2009 at 2:03 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
Hi, I am buying my first new car and just came to know of this forum. I am planning to buy a 2009 TL w/ tech package in Hoffman Estates, IL area. A neighboring Acura dealership has an Internet price of $35,600 (plus TTL I'd imagine?). So first of all, how does this Internet price work? Does it mean no negotiation? Given that there is a total of $2000 manufacturer to dealer cash back incentive and $35,556 invoice, I really want to start somewhere between $32K-33K with the dealer. Does this make sense or am I being unrealistically low? Also, I assume TTL doesn't include the dealer fee and destination charge. Is that correct? When I make an offer, how do I start? Do I give out the OTD price or the price plus TTL (plus any applicable fees)? Will really appreciate if someone can guide me thru this.
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Replying to: prchohan (Jul 15, 2009 4:50 pm)
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Replying to: kingpcgeek (Jul 15, 2009 8:46 pm)
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Replying to: prchohan (Jul 15, 2009 9:18 pm) first off, the best thing really is, scroll back about 8-9 pages and read all the experiences people have had with the TL, you'll get a sense of what people think is a fair price, and have actually ended up paying. On that note, you should check, what kind of vehicle is being advertised, as always, who cares what they advertise, you offer what you think is fair, dont be intimated, dont let them force you into a deal. Were all here to help you, go shop around, do ur homework, make a fair offer, and if your unsure if its a good deal, ask the people on this forum, tons of helpful people here. Being in chicago area, I have a place out on lakeshore, and even tho i bought my acura in MI, im familiar with acura dealers, like Mcgrath, etc. etc. being your from chicago, id suggest going with Sh-awd. But fwd is just a good car, but sh-awd might be a better choice. Figure out if you want the tech, awd vs. fwd and go from there. i'm not sure of the current TL promotions(not currently active in the market, but im getting car bug to replace my TL, hence i keep an eye out for good deals) dont quote me, look in previous posts, i think Base fwd can be had for around 31. Probably Tech fwd maybe 33, and sh-awd tech, is about 37ish. |
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hey vinodoc! yeah, i posted a ton on acurazine...themods got after me for starting so many thread comparing the TL to other cars....  I think your prices on the new TL are right. I have to say the new TL is growing on me. We took our MDX in for service today and they gave us a new 09 TL w/tech as a loander. we had it overnight and took it out tonight for a drive with the kids. We fit all three kids in the back - 7, 3, 2. the little guy is in a carseat, and the next youngest is in a booster - all fit easily across the back. may want to look into a lease on these things. what is the best deal you have all seen on these??? the dealers selling used 08s are on crack. it almost seem like it is cheaper/smarter to just lease a newer one instead of buying a used one - especially if the dealers are trying to rape us all on the used one. my closest local dealer has a nice looking CPO 08 base w/nav. I took it for a quick test drive today when I dropped off hte MDX. they are asking almost $29k for it. it has 26k miles on it! these things old new for like $29 to $30k at the end of 08. now the car only depreciated a grand??? BS! I could go in and make an offer, but I'd be offering htem like 24-25k MAX and even that seems kinda high to me...but even if I offered htem 25k, I'll bet you they say NO. I'd feel okay paying 23-24k. at that price, the money I'd save would justify buying an "older" model car.... but at 28k... forget that. i'd rather have the new car and just lease it. in the long run, if i buya CPO car and keep it long term - like 6-8 years, it's cheaper to buy/drive the 08..pay it off and drive it into the ground....but you wind up becoming off the warranty, and if you findance 60-72 months, you end up still making car payments when hte warranty is up, and then you paying to repair the car and still making car payments...not good. at least on a lease, you never worry about ANY repairs. just minour routine maintenance.... no brakes, maybe a set of tires when you turn it in? you make a paymenet and rive the car.. now if you buy...you can sell the car at the very end..but c;mon, what'sa n 08 TL gonna be worth in 8 years when you've put 100k miles on it and it's now 9-10 MY old... maybe $5k... which is probalby what you'll spend on tires, brakes, oil changes, timing belts, and the other crap that you fix along the way from when you buy it at say 15-25k miles to 100-125k miles.... so it's a wash... i had fun driving the new TL tonight. it's pretty fast. it doesn't have a huge VTEC kick, but it jus tpulls an dpulls and pulls. not V8 fast...but it's fast enough. it blows my MDX away and seemed about as fast as the 08 Type S I just test drove. the FWD model I had is no sports car, but honeslty, for a DD to just do errands in and to cruise on the freeway, it was plenty decent around turns and the ride is just firm enough but not bumpy and very smooth. the Type S is nice and sporty, but honeslty, on long trips you'll get sick of it... i mean if you like sports cars and the Type S is all you have, it's fun. but if you do it right, you have one car for cruising and one for the twisties. I've got an old boxster that has upgrade suspenion and low profile 18s...that car is twice as stiff as a Type S and woudl run circles around one on any track, twisty roads, etc... but it's not that comfy for a long trip. for a "one car jack of al ltrades" the Thype S is sweet. i'll be thte SH-AWD is similar in that regard. but for REALLY having fun on twisties..you need a real sports car or roadster.. Boxster, Cayman, S2000, 370Z, etc etc... maybe there will be a new TL in my future. whne it first came out I hated it. i though it was the fugliest thing on the road. it's growing on me. tonight, tucked in my garage - it actuallyh looked cool. the one i have is WDP. really good color - at leat in my opinion... oh..tonight when I got to my destination - ther was a WDP TL-S parked like 10 spots away from me..soI couldn't see them 'side by side' b ut I did ge ta chnace to really look at them closely w/in seconds of each other... gotta say the Type S is a sharp looking car, bu tafter you see the new TL, it makes hte Type S and 07-08 TL's look dated... in a couple years...the 3G TL will look old OLD OLD and the new TL will turn heads and be "accepted" as a modern cutting edge style...my wife told me the same thing when it first came out and she was right. the new TL is growing on people and in the end, it will be considered a good looking car. beak and all.
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Replying to: 23109vc (Jul 15, 2009 10:40 pm) took me a while to read all that! Yeah it seems your just as frustrated how these acura dealers are pricing these 08 models, compared to what they sold for new. I mean, it actually makes me furious, and when you seriously call them out on it, they know your well informed, and they laugh at you/mock you, then tell you no way...knowing some innocent people come in, and buy it at a drastic markup. true story, i was at a acura dealer, last yr, getting my oil change done, and there was a young gentleman, super nice guy, and the salesman comes to him saying..."manager wants to move some cars, ill take 500 off the sticker!!" he was like oh is that the best you can do?, salesman says yes...he goes, ok ill take it! i felt horrible for this kid, I very politely pulled him aside, and said, i dont want to meddle, but there is a 3k rebate alone, you should be getting this car for atleast 5k off! he was shocked, and i told him about edmunds, acurazine, he was absolutely clueless that such sites existed. I realized there really are so many people out there, that just dont know about rebates/websites etc. Needless to say, he left the dealer, after he confronted the salesman about it, salesman DENIED such rebates existing, I pulled out my phone, showed edmunds website on it....salesman turned red, manager walked away........well i'm prolly not welcome at that dealer ever again!! (another couple was outside looking at the TL as i was leaving, i told them, pay 6k off sticker, they too had no clue on sale...i only wonder what happened to them! As for the new TL's....i honestly dont know of the best deals, but i think ive seen people mention lease rates around high 400's. I think trying to get a used TL at a bargain is tough, knowing the dealer tactics. TL is one car, id buy/lease new.....buy an extended warranty....run it to the ground, or sell it privately on my own once i get sick of it. i know what you mean about porsche, ive been a lifelong benz owner, wanted to get the SL550 last summer, but with the update they did, dealer only would take 3k off, and i Didn't want the 08 at a bargain rate, just looked age with the older face and interior. So i treated myself to a Porsche 911 carrera cabriolet....msrp 100k, i bought it for 77k. TOO good to pass up! porsche dealer was so desperate to get rid of it, brand new, with 12miles on it. i have to say, after the porsche, every car seems to drive like a boat.
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Replying to: kyfdx (Jul 14, 2009 4:28 pm) |
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Replying to: 23109vc (Jul 15, 2009 10:40 pm) Rob |
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vchad- yeah, exactly. i have given some dealers and same story - I tell thema bout my car search from last year, tell them the quotes I rec'd, then ask how they can ask so much for it used. the usual statement is that there were "incentives" back then that they don't have now and that they are "too deep into" these new ones...blah blah..so they basically claim that they sold them cheap, but had to buy them back at a high price... it's all BS if you ask me. they just know that there are dumb buyers who will pay what they want and they can take advantage of them. i'm torn between just leasing or buying used. I had kind of wanted to grab a used 08. this is going to be our second household car - i'll use it to DD to work, and we will use it as backup to our MDX. i was planning on buying one with super low miles, like 10-15k and then jus thang onto it until it's paid off and then some. but if they are asking so much for them, it makes less and less sense to buy a used one. buying a used TL CPO for $28k seems like less of a good deal than if it was 23-24k.... when you crunch out the numbers.... leasing vs buying...the lease can actually come out bettter. i' taking into account that on the purchase, I'll hae the car for say 6-7 years..and I figure in what I willlikely have to spend to maintain / upkeep the car and also I have tried to calculate a reasonalbe net value once the car is paid off and I want to sell it - to take into consideration that I can recoup money by selling it. figure you buy a CPO 08 TL base w/nav and get them down to $27k. that might be doable. sounds like a high price to me, ,but let's say I buy that. say I put down $5000 and finance the rest for 60 months. loan calcs say that I pay $470/month for the next 60 months to buy this TL. total payments, incuding my $5k down = I'm spending roughly $33,000 total. but then if you figure i drive it 10-15k/year...at the end of my 5 year loan, I've added 50-75k on it. so if it had 15k when I buy it, ,then the car has 65k - 80k when paid off. so it should run easily another 2-3 years trouble free?? so I get 2-3 years of no payments, but do have to do repairs. i'm guessing there will be at least one brake job in there, timing belt toward the 100k point, couple sets of tires, and othe rmisc little "problems' that will be non warranty items that will require repair visits...lets say for the sake of argument that all this upkeeep adds up to 3-4k over the life of ownershp..maybe 5k if i'm unlucky? at the point when ia am totally sick of the car after driiving it for 8 years and I go to sell it, the car will be rouhgly 10 MY old...with 120k miles..i am guesstimating it will e worth maybe $5000. so you wash out the costs of upkeep by selling it..and in the end it cost me jus hte monthly payments.. which would be $33k over 8 years. if i could drive it that long. assuming I got sick of it and sold it in 6 years, i might make a couple grand more off the sale...and pocket a bit more in "net" value on the car at the end.. $33,000 / 8 yrs = $350/month. so the net overall cost of tha tcar is 350/month assuming I keep it 8 years. $33000 / 6 years (add $2k in resale value) = $430/month. to lease a new TL is going to be *roughly* 3000 down and 450month tax included. so total cost over 36 months is 450x 36 +3000 = $19200 for 36 months. to compare to the six year ownershp scenario, just double the lease and you get 6 year lease costs of 19200 x 2 = 38400. that's $533/month. so it's still mmore expensive to lease than to buy.. by maybe 75/month. then you factor in the intangibles, like would you raather have a new car every three years vs same one for 6 yrs... etc etc. if i could get them to budge on the pricing of the 08 and get it closer to or udner $25k it makes the buy numbers even sweeter... i could live with an 08, but as the numbers get too close, the natural urge is to say screw it and go for the newer car if the costs are not too mjch more.. am i totally screwing my analysis up? vchad - what do you think? |
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I am paying 476.00 per month. ZERO CAP COST (no $3000.00 down or any nonsense) TL 2009 with TECH. Try your numbers with that. Probably at year 6 or so you might be ahead of the game, it depends. If at the end of 4-5 years you trade in the car I think that you will be behind the game. Dealers lov tradeins as they work up all sorts of numbers and really screw you. If after 5-6 years you sell the car yourself, you may be ahead of the game. Try it with my numbers. Rob |
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