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Prices Paid: Buying & Leasing Experiences Acura TL Prices Paid and Buying Experience
9552 messages, Last post on Sep 04, 2008 at 6:06 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gavram (Aug 09, 2005 7:47 am)
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Replying to: richlux (Aug 12, 2005 11:41 am) Just for kicks, email some OTHER dealerships in your area and request prices on the 2006 TL and see what prices you get... That will allow you to finish "the puzzle" and have all the pieces to make a rational answer. I suspect, as do you, that the 05 will be much cheaper, and as others have said, if you keep it many years, depreciation differences will wash out. OTOH, if you are a person who gets a new car every 3 years, the difference will be significant.
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Hi, I'm new to the forum. Does anyone know if Acura is or will be offering some kind of financing offers? I am looking to purchase an '05 TL w/ Nav and was just wondering if there are any good financing offers out there. I am in the so cal area. Many thanks.
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Replying to: jewel1 (Aug 13, 2005 4:37 am)
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I am trying to find the best deal on an Acura TL Lease without navi. Let me get straight to the numbers based on my tier 1 credit: MSRP: $33,100 (Not Including Destination Charge - ~$595) invoice: $30,164 (DC not incl.) for 42 month lease, Money Factor .0023, Residual: 56% for 36 month lease, Money Factor .0025, Residual: 59% Tax in S. Florida: 6.5% My negotiated price at one dealership was "at invoice", but i was concentrating more on the length of lease, monthly payment, and total due at signing. The first dealership was 42mo/12k mi. with $1500 down and 425 per month (taxes incl) I used this to negotiate the 2nd dealership to 42mo/12k mi. with $1500 down and $409 per month. I am trying to shoot for 39mo/12kmi for around $405 mo (no more than 1500 down), but I'm not sure if this is realistic. From my calculations, it seems like it is, but i may be missing something. Am i asking too much? Another issue i have is with the Money Factor. .0025 is approximately 6%. Is this really the best rate offered by honda to customers with tier 1 credit? Would i have a better shot waiting until september to see what acura has to offer at that time? With the 2006's approaching, i would think that this is the time when a deal could be had.
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Replying to: liferules (Aug 13, 2005 2:41 pm) Thanks, Rich |
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Replying to: sjmueller (Aug 15, 2005 8:52 am) Looking at the residual percentages (and I'm going strictly by your info), the 42 month lease is probably the best deal... Only a 3% delta between that and 36 month... I doubt 39 months will be as good. So, if your second dealer is doing $409/mo. for 42 months with $1500 due at signing, I'd jump on it.... Again.. I stress the distinction between "$1500 down" and "$1500 due at signing".. You may find the second dealer is assuming $1500 down plus 1st payment, etc.. 56% is a very strong residual for 42mo/42K... I doubt the lease deals will be any better on the '06... at least.. not at first.. One more note... Always include the destination fees in your figures... Residual percentages are always figured on total MSRP including destination.. regards, kyfdx
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Replying to: kyfdx (Aug 15, 2005 10:16 am) As long as im writing a check for only 1500 down, and the numbers are still $409, there isnt much else they can try to stick me with, right?
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Replying to: sjmueller (Aug 15, 2005 12:45 pm) Other than that.... if it is a 42mo/42K mile lease, and it is through AHFC (Honda/Acura Finance), then the money is all that matters.. regards, kyfdx
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Replying to: kyfdx (Aug 15, 2005 12:51 pm) Unless they try and pull something I'll be driving it off the lot. Thanks for your help again kyfdx, i really appreciate it. This is my first lease, and I want to make sure im getting the best deal possible. 42 months is a little longer than i wanted (36 was my target), but the monthly/down payment is what matters the most, and $400 monthly was my goal. Now if only the TL didnt have a tape deck. How retro!!
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