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Acura RL Lease Questions

264 messages,  Last post on Nov 05, 2009 at 3:12 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura RL, Car Leasing, Sedan


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#11 of 264
Re: 24 Mo. Lease vs 36 Mo Lease [birdbird] by mmcporter
Sep 20, 2005 (8:07 pm)
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Replying to: birdbird (Sep 20, 2005 11:47 am)

In Mass, we have a 5% auto tax, which on a lease can be made on every payment. So a $600/month payment becomes $630 with tax.
#12 of 264
Re: Acura RL: Lease Questions [Car_man] by pittpanther
Sep 21, 2005 (8:46 am)
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Replying to: Car_man (Aug 31, 2005 1:59 am)

I received the following quote from the dealer... for a 36 month lease, 12,000 miles per year: 0.00299 money factor and a 58% residual. The finance guy told my friend who works there that the 0.00299 is their buy rate currently.
 
I was able to find some other information on another forum that the current buy rate from AHFC on a 36 month lease is 0.00235, but I have not been able to confirm this yet. So I am not sure which is accurate...
 
Also, I was able to do a bit more research, and it seems like the $42,400 price that I was quoted is good, but not as exceptional as I had thought. Many RL owners are securing prices around this value at dealers looking to move their 05 overstock to make way for the 06s.
#13 of 264
Re: Acura RL: Lease Questions [pittpanther] by pittpanther
Sep 21, 2005 (1:05 pm)
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Replying to: pittpanther (Sep 21, 2005 8:46 am)

Interestingly enough, another dealer indicated that the current buy rate through AHFC is actually 0.0026 (36 month, 12K miles year)!
 
This is always such a struggle...!
#14 of 264
Re: Acura RL: Lease Questions [pittpanther] by Bushwack
Sep 21, 2005 (5:46 pm)
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Replying to: pittpanther (Sep 21, 2005 8:46 am)

The current rate is 0.00235 at 36 months (at 58% residual). I've been looking at leasing the RL for the past few weeks. Best price I've been able to negotiate here in Los Angeles is $41,900 (highest was $42,500). I've heard of people in other parts of the country pleased with a purchase price of $45K (supply & demand).
#15 of 264
Re: Acura RL: Lease Questions [Bushwack] by pittpanther
Sep 22, 2005 (4:14 am)
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Replying to: Bushwack (Sep 21, 2005 5:46 pm)

Thanks Bushwack - is that American Honda Finance's buy rate? Can you tell me where you found this info?
 
If so, the finance guy at Norris Acura West (Ellicott City, MD) flat out lied to my friend, who is a sales associate there.
#17 of 264
Best time to least RL next month? by birdbird
Sep 22, 2005 (9:36 am)
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Replying to: pittpanther (Sep 22, 2005 4:14 am)

Doesn't it make sense that negotiating a lease next month could result in the best price? I mean, this is still only September and the 06's won't be going to dealers until late October or November, is that right? And if a dealer runs out of what's in stock, they can always order one from another dealer for you right?
#18 of 264
06 RL by hybrid3
Sep 22, 2005 (9:45 am)
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Are there any changes in the '06 RL? The dealers will discount the 06's also and if you are leasing won't the 06 have a better residual value? Also lots of talk about tires has been very imformative, but anyone have 18" wheels,thoughts on this? I will be getting an Rl by Christmas. My current lease will be up by then, unless I pay to get out early because the deal on the 05 is so good.
#19 of 264
Re: Acura RL: Lease Questions [Bushwack] by bps007
Sep 22, 2005 (4:20 pm)
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Replying to: Bushwack (Sep 21, 2005 5:46 pm)

Is your 41,900 price for purchase or lease?? Are the $2500 incentives for an RL lease still available and if so, could this amount be deducted from a negotiated purchase price of 41900?? Sounds to low to be true (i.e. 41900 - 2500) for a leased 2005 RL.
 
Thanks.
#20 of 264
Re: Re: Re: 24 Mo. Lease vs 36 Mo Lease by Car_man HOST
Sep 25, 2005 (5:30 am)
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Thanks for the additional information, mmcporter. Let's work up a sample lease payment on this car for you and see what we come up with. According to my calculations, if you were to lease a 2005 Acura RL with an MSRP of $49,670 and a selling price of $42,500 through Honda Finance right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $584.
 
Car_man
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Smart Shopper / Prices Paid Forums

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