Last post on Oct 10, 2013 at 3:04 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Acura RL, Car Leasing, Sedan
Jan 29, 2007 (4:22 am)
Thanks tbenson81 . Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2007 Acura RL with 15,000 miles per year are .00196 and 51%, respectively. The numbers for an otherwise identical lease of a 2007 RL with the Technology Pkg. are .00196 and 48%. Unfortunately, this lease program is only scheduled to run through February 5th, so if you want to lease your car at the end of February you will have to check back with me to see what the new Feb. numbers are like.
Prices Paid Forum
#166 of 309 Re: 2007 Acura RL Lease - request for M/F's and Residuals [gator00si]
Jan 29, 2007 (4:27 am)
Hello gator00si. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Acura RL without the Tech. Pkg. with 15,000 miles per year are .00196 and 63%, respectively. The numbers for an otherwise identical 36 month lease of this car are .00196 and 51%. Its 39 month numbers are .00196 and 48%. Its 42 month numbers are .00196 and 48%. 42 months is the longest term that this car's special lease money factor is available for.
Prices Paid Forum
#167 of 309 Re: 2007 Acura RL Lease - request for M/F's and Residuals [Car_man]
Jan 29, 2007 (1:41 pm)
Are you sure about the Residuals for the 39mo and 42mo? They are the same. Don't they usually decrease the longer the term? Please confirm as I'm trying to negotiate a 42mo lease. Much appreciated!
#168 of 309 Re: 2007 Acura RL Lease - request for M/F's and Residuals [gator00si]
Jan 30, 2007 (2:48 am)
Good catch, gator00si. I made a typo on the 42 month residual value. Sorry about that. It is actually 47%. The 42 month term is the one that Acura is featuring in all of its RL ads and it will probably result in the lowest monthly payment.
Prices Paid Forum
#169 of 309 2007 RL - Residuals and MF
Jan 31, 2007 (6:08 am)
You rock Carman!
Thanks for the numbers. I have settled on the Standard RL without the Tech package and want to do the 15k / 3 year lease. I am looking to lease at the end of February and was wondering if you could post the new numbers on the 5th when they are released. Thanks again - you are the man!
PS - Please let me know if you think the 39 or 42 month lease would be a better deal. I always trust your insight.
#170 of 309 Re: 2007 Acura RL Lease - request for M/F's and Residuals [Car_man]
Feb 05, 2007 (6:32 am)
Hey Carman - Feb 5th has rolled around. Can you help me check the MF's and Residual for the RL without Tech package? I am looking for 15k miles for either 36 or 39 months. Once again you da man!
#171 of 309 Acura RL - MF & Resid
Feb 06, 2007 (7:36 pm)
Can you tell me the MF and the residual for 2007 RL with Technology package for 24 month and 36 month lease with 12K miles a year? Thanks
#172 of 309 Acura RL with Tech Package
Feb 06, 2007 (10:15 pm)
I am trying to lease an Acura RL2007 with Tech Package.
I will take 10K a year for 42 months. What is the Dealers
cost? What is the residual value? What is the cost of money on the lease and how is it calculated in the lease? I have the highest credit rating and have leased an RL for the past ten years. I await your reply
#173 of 309 pre-owned 2006 Acura RL MF & Residual
Feb 10, 2007 (9:12 am)
I am interested in a certified 2006 pre-owned Acura RL. The vehicle has 8500 mi, tech package, back-up camera, and several other small options (i.e. wheels locks). The dealer is asking $38,995, which I will negotiate. According to Edmunds.com, the value of the car is just over $49K.
What can I expect the M.F. and residual of the RL to be if I decided to lease the vehicle? The M.F. is assuming the highest credit tier.
I also love the Infiniti M-series. Which manufacturer do you feel has a better lease program currently? The Infiniti M would probably be a new vehicle, unless I could find a deal like the above Acura.
#174 of 309 Car_Man Question
Feb 12, 2007 (9:28 am)
I guess I'm missing the forest for the trees so I have a basic question for you:
Why is the buy rate lease money factor and the residual value so important if my plan is to turn the car in after the lease is over? Why is it important if I decide to buy the car after the lease is over?
I'm considering leasing an Acura RL or Infiniti M35X in the next 2 months. I know that a "no money down" lease is the way to go. Both car manufacturers require a first month's lease up front and a $595 bank fee. There's some paperwork fees that need to be paid up front as well.
I understand that putting money down up front to lower the monthly lease rate is a poor decision. One would be giving the manufacturer money where it would be better to have your own money to invest, and secondly if the car is totalled the up front money is lost.
So I guess I'm missing something. I negotiate the best "buy" price and lease the car based on that and get the best montly lease rate. If I turn the car back in after the lease period I owe nothing if the yearly miles are under or exactly what I payed for and there's no damage on the car. Acura allows for $1500 worth without charge.
Thanks in advance!