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You are in the Prices Paid - Buying & Leasing Experiences
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Acura RL, Sedan
Jan 03, 2007 (9:39 pm)
This is my 6th ACURA from dealer. Legends,RLs.I purchased 3 after lease. Here is quoted deal.
2007 Tech Pac, CMBS Pax $54,369, Tax 1631.07, Title 379.00, Tag 69.00. Total Price 56,448,07
36 month lease w/10k miles/yr (always had 12k),1st payment due at signing 1059, no security deposit. Money Factor 3.1%,Residual on lease 52% (28,012).I have a very high credit rating. Is this the best they can do?
By my calculations I am paying 36,000 for 30,000 miles or 1.26 a mile.???
I have not seen the sticker or the car yet. This does not seem right right.
PLEASE HELP ME...I KNOW THEY SEE ME COMING.
Jan 03, 2007 (9:42 pm)
IT'S AN ACURA RL
#860 of 1111 Re: Deal Sounds Bad??? [sarahbeth0404]
Jan 04, 2007 (5:03 am)
Run away from that "deal."
#861 of 1111 Re: Deal Sounds Bad??? [sarahbeth0404]
Jan 04, 2007 (8:16 am)
Sarah if this is your 6th car there, they really need to do allot better than that. A fair deal on the selling price of an 07 RL with your credentials should be around $49K - $51. MSRP on this car I believe is $53K. Plus Acura is offering special financing and leasing on this vehicle too. There charging you full pricing! Runaway! I purchased my Acura's in the DC Metro area (Rosenthal Acura).
If your dealer doesn't take care of you I am sure my dealer can ship you one for alot less.
Also for "badbuy" I had horrible experiences with Chevy Chase Acura. They offered me a unbelievable pricing thru the internet and when I got their it was just pure BS. They didn't even have the car instock! So I went to Rosenthal Acura and had a great buying experience. I paid a little bit ($500)they asked for profit which was half of there incentive, I thought it was fair. My credit wasn't perfect either and the finance manager "bumped" up to the best financing too even if I didn't qualify for it. Also the maintenance wasn't included at Rosenthal but from my experience with Chevy Chase it would be safe to say there service probably reflects there sales staff.
I have since bought 2 cars from Rosenthal Acura and they even reffered me to another salesman who helped buy my Honda S2000 at Herson's. Goodluck with everything the both you.
#862 of 1111 Re: Deal Sounds Bad??? [tayl0rd]
by kyfdx@Edmunds HOST
Jan 04, 2007 (8:16 am)
I agree.. it sounds like they are charging you full MSRP for the vehicle..
Acura RLs are heavily discounted. I'm not sure of the lease program, or your tax rate, etc.., but any payment over $800 would be very suspect.. (and, I wouldn't pay that much either...)
#863 of 1111 Re: Deal Sounds Bad??? [kyfdx]
Jan 04, 2007 (9:54 am)
Thanks for the Info.
Whats a fair CASH PRICE?
If I buy thru American Honda Finance what is a good interest rate? I have an extremely good credit rating.Would the price of the car change?
#864 of 1111 Re: Deal Sounds Bad??? [sarahbeth0404]
Jan 04, 2007 (10:46 am)
Sarah, go here: link title
There you can price out your car and get a reasonable price you should offer to buy it for. The defacto standard around here is $1,000 above invoice. But with how much discounting is being done on the RL, I'd probably offer maybe $700 over invoice if not invoice itself.
Nevermind. Invoice price isn't even listed. Again, based on what others are paying for this car, if you pay more than $44K, you paid too much. (That's U.S. dollars, by the way.)
#865 of 1111 2007 Acura RL w. Tech
Jan 05, 2007 (7:11 pm)
Bought an 07 RL with Tech package last weekend from Davis Acura in Langhorne, PA. Paid $1000 over invoice + dest. and paid $3200 for the following dealer options: spoiler, 18" chrome wheels, sport steering wheel, IPod MusicLink, wood shift knob, all season mats, wheel locks. Definitely didn't steal the car from them but I feel like I got a decent price. Car is great. First Acura sedan and I love it so far. Dealer is great also. Bought an MDX from them last year. Be happy to provide any additional info if anyone is interested.
#866 of 1111 Re: 2007 Acura RL w. Tech [ebitda]
by kyfdx@Edmunds HOST
Jan 06, 2007 (5:39 am)
ebitda.. (are you an accountant?)
What was the total price before taxes?
#867 of 1111 Re: 2007 Acura RL w. Tech [kyfdx]
Jan 07, 2007 (9:53 am)
ebitda.. (are you an accountant?
Total before taxes was $50,000.