Sign In Join 



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


Messages Page 18 of 27
1
...
15
16
17
18
19
20
21
...
27
Prev
Next
Last
Go To Msg #
Search This Discussion

#169 of 264
2007 RL - Residuals and MF by tbenson81
Jan 31, 2007 (6:08 am)
Reply

Replying to: Car_man (Jan 30, 2007 2:48 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.
 
Tony
#170 of 264
Re: 2007 Acura RL Lease - request for M/F's and Residuals [Car_man] by tbenson81
Feb 05, 2007 (6:32 am)
Reply

Replying to: Car_man (Jan 30, 2007 2:48 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!
 
Tony
#171 of 264
Acura RL - MF & Resid by ajp00
Feb 06, 2007 (7:36 pm)
Reply
Car Man,
 
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 264
Acura RL with Tech Package by muckerm
Feb 06, 2007 (10:15 pm)
Reply
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 264
pre-owned 2006 Acura RL MF & Residual by michaelbruni
Feb 10, 2007 (9:12 am)
Reply
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.
Thanks!
#174 of 264
Car_Man Question by carfan28
Feb 12, 2007 (9:28 am)
Reply
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!
#175 of 264
Re: 2007 RL - Residuals and MF [tbenson81] by Car_man HOST
Feb 20, 2007 (3:59 am)
Reply

Replying to: tbenson81 (Jan 31, 2007 6:08 am)

Thanks Tony . Honda Finance's February 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. This special lease money factor is available for both 39 and 42 month leases. If I was in the market for a lease of an RL right now, I personally would probably go with 39 months to lower the monthly payment. 42 months would lower the payment a little more, but that's a little too long for my taste. This car's 39 month, 15,000 mile per year residual value is 48%.
 
Car_man
Host
Prices Paid Forum
#176 of 264
Re: Acura RL - MF & Resid [ajp00] by Car_man HOST
Feb 20, 2007 (4:01 am)
Reply

Replying to: ajp00 (Feb 06, 2007 7:36 pm)

Here you go, ajp00. Honda Finance's current 24 month, 12,000 mile per year buy rate lease money factor and residual value for the 2007 Acura RL with the Technology Package are .00196 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00196 and 50%.
 
Car_man
Host
Prices Paid Forum
#177 of 264
Re: Acura RL with Tech Package [muckerm] by Car_man HOST
Feb 20, 2007 (4:05 am)
Reply

Replying to: muckerm (Feb 06, 2007 10:15 pm)

Greetings muckerm. You can look up the dealer invoice price of the car that you are interested in by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. Honda Finance's current 42 month, 10,000 mile per year buy rate lease money factor and residual value for the 2007 Acura RL with the Technology Package are .00196 and 47%, respectively for consumers who qualify for its "Super Preferred" credit tier. The following article describes how vehicles' money factors are used to calculate their monthly payments: Calculate Your Own Lease Payment.
 
Car_man
Host
Prices Paid Forum
#178 of 264
Re: Car_Man Question [carfan28] by Car_man HOST
Feb 20, 2007 (4:12 am)
Reply

Replying to: carfan28 (Feb 12, 2007 9:28 am)

Hi carfan28. Your vehicle's money factor and residual are important because they are used to calculate its monthly payment. Consumers need to know what their vehicle's buy rate money factor is to make sure that the dealer that they are working with is not marking it up to add additional hidden profit to their deal. This sort of thing happens more frequently on BMWs than it does on Acuras, but it makes sense to check to make sure that you're getting the best possible money factor on your deal.
 
Car_man
Host
Prices Paid Forum

Messages Page 18 of 27
1
...
15
16
17
18
19
20
21
...
27
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement