Last post on Mar 30, 2013 at 10:07 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Acura RL, Sedan
#1087 of 1111 2009 RL Lease Offer
Dec 26, 2008 (8:39 pm)
I received the following offer on a 2009 RL with tech today as I was having my 2005 RL serviced:
Customer Discount $4,259
Selling Price: $46,400
Dealer Fee: $599
Balance due: $50,233
Residual $: $24,823
Payment: $745 (w/tax) with $0 down for 36 mo/12K miles
This was the first offer I received. I have not presented a counter. According to Costco Auto, the invoice is $45,940.98 so this offer is around $1,000 over invoice. I don't know what kind of hold back Acura is paying but with the dealer fees the profit is at least $1,600. Shouldn't these cars be going for well under invoice considering how lousy they are selling?
Thanks for any thoughts and Happy Holidays!
#1088 of 1111 Re: 2009 RL Lease Offer [gator5000e]
Dec 31, 2008 (8:47 am)
your price looks ok except don't pay the dealer fee. It's one of those hidden profits and they only tell you about the fee when you are ready to pay. Today, the last day of 2008 they should be hungry enough to wave it. Not every dealer is charging it.
#1089 of 1111 Why lease? Residuals are in the tank
Jan 01, 2009 (9:49 am)
I bought an 09 tech for invoice and 0.9% financing. The lease payment on the 09 was $200 a month more than I paid for my 05, even though the price and interest rates were similar.
Residuals are screaming one thing, "we do not want to lease you a car at this particular point in time!"
Just as well, since I would have kept my 05 for 3 more years if I could have.
Beyond all that, the 2009 is a far superior product - just drive it and you'll know what I'm talking about.
#1090 of 1111 Want to Buy 2008 RL Tech Package
Jan 31, 2009 (12:16 pm)
I want to buy a 2008 Tech Package RL, preferably new. I think there are still some of them out there. I know the 09s are updated, but think that the 08 is still a quality auto and will serve my needs. I typically keep a car until is is worn out - right now I have a 2000 RL with 150K miles on it, and it is still running fine. My problem is I can't get any dealers to give me a really good deal. I am getting quotes in the $40s for these cars and I think that is too high with the 09s already out. And it won't be too long until the 2010 models are out! Am I off base here?
#1091 of 1111 Re: Want to Buy 2008 RL Tech Package [lsemom]
Jan 31, 2009 (12:47 pm)
I think you are right on. The 09's are being discounted by some dealers to the tune of 4500 from what I hear. You may have to wait until things get a little worse.
#1092 of 1111 Re: Want to Buy 2008 RL Tech Package [lsemom]
Jan 31, 2009 (2:39 pm)
I own an 05 RL, basically the same as the 08 and have test driven the 09. The 09 is definitely a better car. Not enough better to entice me out of my 05, but if I had a choice between an 08 or an 09, buying the 09 would be a no-brainer for me.
#1093 of 1111 Re: Want to Buy 2008 RL Tech Package [vavavavolvo]
Feb 02, 2009 (11:34 am)
I had to bargain hard with the local dealer however, I was able to purchase an 08 RL with tech for $ 42000 last Feb, i.e. 08. Sticker was around $ 52000. You probably can get them lower.
I live in Bay Area of Ca, and I sent emails to all the dealers in the Bay Area. Got four or five responses and all offerred about $ 42500, to about 44000. Cost out to door was just under $ 46000 but this included taxes.
So if my situation helps you I hope you get an excellent deal because jmo, I have an excellent vehicle.
Good luck to all and stay safe.
#1094 of 1111 Questions around title
Jul 16, 2009 (10:34 pm)
Hey all, I recently bought an RL, got new license plates (I wanted to) which I have received from the dealer where I bought this car. I was told that the title would arrive from IL secretary of state's office once the dealer pays off the balance owed on previous owner's lien who had traded the car in just two days before I bought it. The dealer has told me that they have already sent the payoff to the bank and it takes about 10-15 days before the bank releases the title. Once the dealer receives the title, they enter that number with the IL secretary of state along with the license plate, tax, etc. From that point on it takes another 4 weeks or so and the IL sec of state sends me my title. Does this process sound right? Everywhere I have read, I see that I should have not bought this car till the dealer had the title in hand. True? Did I get ripped off somehow or is this process normal? I am told that they can't give me the title from the bank and have to wait for my own copy from the DMV.
#1095 of 1111 Re: Questions around title [home4sale2]
by kyfdx@Edmunds HOST
Jul 17, 2009 (3:25 am)
I'm not that familiar with Illinois, but a few weeks sounds about right.. Did you buy a car that had just been traded in?
#1096 of 1111 Re: Questions around title [kyfdx]
Jul 17, 2009 (6:23 am)
Yes, it had just been traded in a few days prior.