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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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#179 of 264
Re: Car_Man Question [Car_man] by carfan28
Feb 22, 2007 (3:24 pm)
Reply

Replying to: Car_man (Feb 20, 2007 4:12 am)

How does this sound for a 2007 RL Tech package:
 
42 month lease
15K miles/year
44% residual
.00196 money factor
$759/month payment
Based on outright purchase price: $45436- +$499 over invoice
$549.50 up front on purchase- 3 years MV, Docs fees, tire tax
No money down lease means $695 bank fee and first month lease cost due at inception here in NJ.
 
Can lease a 2007 Infiniti M35X with Advanced Technology package and technology package for at least $75/month less in an apples to apples comparison. Wouldn't lease the RL. but may buy it.
#180 of 264
Two Questions (thanks, first time lease) by someguy1
Feb 27, 2007 (11:25 am)
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1. My RL has 30,000 miles on it. I was reading about the 30K service which cost about $600. My RL is riding fine and is in perfect condition. Are there any possible penalties I may face in 14 months when I return the RL without doing the service?
 
2. Is there any advantage to inquiring about sending in the remaining payments on a lease early? I have about 14 months left and I can send the rest of the money or pay each month. I like paying things off early and could send the balance and drive it the rest of the months, which is better?
#181 of 264
Re: Two Questions (thanks, first time lease) [someguy1] by Car_man HOST
Mar 08, 2007 (4:37 am)
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Replying to: someguy1 (Feb 27, 2007 11:25 am)

Hi someguy1. I personally wouldn't worry about doing the full 30,000 mile maintenance if I was leasing your car. All lessees really have to do is change their car's oil every couple of thousand miles and they should be fine. In my opinion, performing that much maintenance on a leased vehicle is a waste of money.
 
There's no advantage to paying the rest of your remaining lease payments early. The interest charge is already baked into your car's payment and Acura will not reduce your payment at this point. In the future, you may want to consider paying for your entire lease in advance. Banks usually provide consumers who with a reduction in the money factor that is used to calculate the interest cost of their lease.
 
Car_man
Host
Prices Paid Forum
#182 of 264
Current Honda Finace Lease Rates? by dav3d
Mar 20, 2007 (4:43 am)
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I hear that the .00196 money factor for the RL is no longer available from Honda and the money factor is now .00260. Terms on a 32 Month Lease, 12K Miles = 44% Residual.
 
Correct?
#183 of 264
acura rl lease by green33
Mar 25, 2007 (9:29 am)
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car man or others can you post the current residual, money factor for a 2007 rl lease for 24 and 36 months. also any recent prices paid
#184 of 264
Re: Current Honda Finace Lease Rates? [dav3d] by Car_man HOST
Mar 27, 2007 (2:07 am)
Reply

Replying to: dav3d (Mar 20, 2007 4:43 am)

What you heard is correct, dav3d. For the month of March, Acura replaced its special money factor on the 2007 Acura RL with $3,500 dealer cash. If you want to lease this car through Honda Finance right now, you will have to use its standard lease money factors. Its current buy rate standard money factor for a 36 month lease is .00280 for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.
 
Car_man
Host
Prices Paid Forum
#185 of 264
Re: acura rl lease [green33] by Car_man HOST
Mar 27, 2007 (2:11 am)
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Replying to: green33 (Mar 25, 2007 9:29 am)

Here's the information that you're looking for, green33. Honda Finance's 24 month lease program for this car is terrible right now. You would be much better off going with a 36 month lease of it. Its current buy rate lease money factor and residual value for a 36 month lease of a 2007 Acura RL without the Tech Package with 15,000 miles per year are .00280 and 51%, respectively. Its 12,000 mile per year residual value would be 2% higher. When negotiating your lease on this car, make sure to take advantage of the $3,500 dealer cash that is currently available on it. It will help you to negotiate an attractive capitalized cost. Check out the following discussion for information on how much other community members have paid for this car lately: "Acura RL: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum
#186 of 264
new lease rates? by twmark
Mar 30, 2007 (5:17 am)
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Acura seems to be offering a 569/month lease on the RL. If I plug in the current numbers ( 0.00280 and 53% residual on a 36000 mile-3 year lease) the calculated lease payment are much much higher.
#187 of 264
Re: 07 w/Nav pricing [carfan28] by mrmell
Apr 18, 2007 (8:00 am)
Reply

Replying to: twmark (Mar 30, 2007 5:17 am)

Does anybody know lease rate for 36 mos, 10k mi per year, money factor & RESIDUAL on 2007 RL w tech (nav) pkge???
#188 of 264
Re: 07 w/Nav pricing [mrmell] by Bushwack
Apr 20, 2007 (10:02 am)
Reply

Replying to: mrmell (Apr 18, 2007 8:00 am)

The residual is 51% and the MF is .00270. Confirm these numbers with your local dealer.

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