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Prices Paid: Buying & Leasing Experiences Acura RL Prices Paid and Buying Experience
1031 messages, Last post on Jun 17, 2008 at 6:04 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: coastdrive (Sep 12, 2005 6:29 pm) |
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I drove an RL last night. Thinking about trading in my '02 C320 as it's almost out of warranty and getting a lower payment. They have a deal at $599.00 a month which would be about a hundred bucks lower then my current payment, although, they said they needed $4500 to $5000 up front. I explained that saving a hundred bucks a month, but putting 5k down on a 3 year lease, I wouldn't break even until 2 years after I returned the car. They kind of just looked at me and then said they could "probably" lower the down payment. Ok, here's the meat of my question. I've never leased before. I've always heard you should put as little to zero down on a lease. I've also seen prices on this board that beat the $599.00 WITH a lower down payment. So now I'm thinking there is a LOT of wiggle room, much more so I initially understood. Is it possible to just trade in the Benz and walk away with no money out of pocket and have the keys to a new RL? Edmunds says Trade In value of the Benz is at 22k. I owe $23,500 on it. Whatcha think? Stand a chance or just stick with the Benz for awhile longer? |
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Replying to: dallasdriver (Sep 14, 2005 8:41 am) I think that is way too high; I was offered this deal back in May. 
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Replying to: dallasdriver (Sep 14, 2005 8:41 am) But, in general, you are correct... you shouldn't be putting any extra money down on a lease... Just the 1st payment and security deposit, plus title/license fees... I think you could possibly get the RL for $600/mo. with just the minimal upfront (Around $1500), but not with rolling over negative equity.. One more thing to think about... Sales tax laws in TX are not kind to leases... You have to pay tax on the entire car, not just the lease payment... regards, kyfdx
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Replying to: kyfdx (Sep 14, 2005 8:45 am) I asked about it in California and they said, "We can't do it here. That only applies in Texas." Your mileage may vary, Dave 
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Replying to: 18pctgray (Sep 14, 2005 3:48 pm) This sales tax on the trade differential also applies in the states of WA, AZ and NM in my experience. Probably some others too. No surprise about CA as they will tax and tax all day long. |
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Texas recognizes the double taxation that occurs with respect to trade-ins. The vehicle traded-in will be subject to sales tax at the time of resale. Thus if I trade a car worth $22K and it sells for $23K+ then the state is getting its sales tax on that amount. Why should I also pay tax on the EXACT same amount. If two people pay tax on that $22K then a double taxation has occured - at least that is the logic behind the waving of sales tax on the trade-in amount. 
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Picked up my RL from Sunnyvale CA Acura dealership 02Aug05, at a great price of just 42,800, plus taxes. Dealership was outstanding: not pushy; offered solid quote over the internet; and matched offer of Stevens Creek Acura. Thanks Infiniti and Lexus - the availability of the new M35 and GS300 must be the reason I got such a good price. Compared with M35x and GS300 - those cars loaded up with RL features are thousands more. I don't miss a back up camera - the only feature the RL lacks. 1 year free OnStar and XM Radio included with RL - didn't think I'd care for the Sat radio, but today I wouldn't live without. Car's been great the first 2,500 miles, and I'm averaging 22.5 mpg (70 % Hwy, 30% city). The 300 horses are strong to start and pass, but driving with care gives decent gas mileage. Sound system is awesome. Consumer Reports review last month was nuts - the Nav/Audio system is easy to use after a couple hours of fooling around. Top safety ratings for front, side, and rollover mean all this comes in a safe package as well. If you're near Silicon Valley, check out Sunnyvale Acura to buy your RL. |
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Has anyone seen any new incentives on the RL 05 models or know when they'll start. We're getting closer to the arrival of the 06 models and I'm leaning towards just picking up an 05 but I'm would like to get a really good deal on it. didn't see enough listed in the 06 to go that route.
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I just purchased a 2005 RL, Black w/parchment (tan) interior at Acura of West Chester, PA. $42,900 base and I loaded it with 18in wheels/all season tires, wood trim wheel and shifter knob, trunk mats, floor mats, splash guards, wheels locks and deck lid spoiler. $46,600 total + tax/tags/reg. Will be picking it up on Tuesday. Also, got financing through Honda Finance for 4.79% for up to 60 months. How can you beat that (except maybe paying cash but for 4.79% that option went out the window). I drove the M35x and I really liked it as well. They are both great cars. But with the same option packages it was more like $53K. Infiniti not really willing to move to much on the price. I would have liked the back-up camera and the cooled seats but maybe Acura will get them in a few years. All in all the RL is a great car and with the deals they are giving on '05 models you can't beat their value.
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