- #189 of 264
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Re: 07 w/Nav pricing [mrmell]
by Car_man HOST
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Apr 30, 2007 (3:19 am)
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Replying to: mrmell (Apr 18, 2007 8:00 am)
Hi mrmell. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Acura RL with 10,000 miles per year are .00280 and 54%, respectively assuming that you qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. When negotiating your lease on this car make sure to take the $3,500 dealer cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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- #190 of 264
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Acura lease
by critcaremd
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Sep 15, 2007 (2:14 pm)
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What is the current residual and money factor for a 2007 RL w/o nav?
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- #191 of 264
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07RL pricing
by critcaremd
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Sep 15, 2007 (2:15 pm)
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What is current pricing for 07 and 08 RL w/o nav
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- #192 of 264
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Re: Acura lease [critcaremd]
by Car_man HOST
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Sep 28, 2007 (2:02 am)
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Replying to: critcaremd (Sep 15, 2007 2:14 pm)
Hi critcaremd. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. 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 .00275 and 48%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. As you can see, Acura is not currently providing lease support on the '07 RL. That's the bad news. The good news is that this lack of lease support means that you can use the $3,500 dealer cash that is currently available on it to negotiate an attractive capitalized cost for your lease.
Car_man
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- #193 of 264
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Re: 07RL pricing [critcaremd]
by Car_man HOST
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Sep 28, 2007 (2:03 am)
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Replying to: critcaremd (Sep 15, 2007 2:15 pm)
Hey critcaremd. You can look up these cars' MSRPs and dealer invoice prices in the following section of this site: Edmunds.com - New Vehicle Pricing.
Car_man
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- #194 of 264
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Lease used RL?
by jaybee85
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Oct 01, 2007 (9:53 am)
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I've been looking to lease a certified used RL, but Acura salesmen in Northern NJ tell me that no leasing is available for used cars.
Today AHFC told me they will lease used cars, subject to mileage and age limits - certified cars should be ok.
Car_man, or anybody, do you have any experience leasing a used RL, or other Acura? If so, would payments be lower, like the price would be, compared to new cars?
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- #195 of 264
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Lease 2008 RL Tech
by newacurabuy
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Oct 04, 2007 (2:47 am)
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I'm looking to lease 2008 RL with Tech Package for 36 months and at either 12k or 15k/yr. Could you please tell me the residual and money factor? I'm in the state of Missouri. Thanks. Is Acura offering any dealer cash or subsidy at the current time? I could not find any incentives.
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- #196 of 264
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Re: Lease 2008 RL Tech [newacurabuy]
by leasesucks
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Oct 12, 2007 (6:17 pm)
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Replying to: newacurabuy (Oct 04, 2007 2:47 am)
From acura.com: "Subject to limited availability. Through 10/31/2007, to approved lessees by American Honda Finance Corp. Closed end lease for 2008 RL vehicles (Model KB1658KW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $46,995.00 (includes destination) less the capitalized cost reduction resulting in actual net capitalized cost $41,438.25. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $20,484.00. Option to purchase at lease end $25,847.25. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details."
My math says residual percentage of 55% and money factor of 0.002 (4.8% APR). Interestingly, there is a difference of $5562 from the $46,995 MSRP and net capitalized cost of $41438.25. Since the drive off is $3,999, Acura Finance is giving us some discount. I don't know exactly how much, because I don't know what my drive off payment is going to. At any rate, I hope this helps.
I got an offer of $579/month plus tax for 36 months($630/mo out the door) with $26,000 residual on a 2008 Acura RL w/ technology package from a local dealer. I believe that I could do better. I'm looking for $559/month plus tax. Wish me luck!
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- #197 of 264
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Re: Lease used RL? [jaybee85]
by Car_man HOST
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Oct 31, 2007 (10:06 am)
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Replying to: jaybee85 (Oct 01, 2007 9:53 am)
Hi jaybee85. I personally am not all that familiar with Acura's used vehicle lease program, but the problem that I have with leasing used vehicles in general is that given the lack of support on them they often turn out to be as expensive as, or even more expensive than equivalent leases of brand new vehicles. You definitely should compare the cost of leasing a used RL to the cost of leasing a new one before making a decision to lease. You may be surprised how small the difference in payment is.
Car_man
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- #198 of 264
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Re: Lease 2008 RL Tech [newacurabuy]
by Car_man HOST
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Oct 31, 2007 (10:09 am)
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Replying to: newacurabuy (Oct 04, 2007 2:47 am)
Here's the information that you're looking for, newacurabuy. Through October 31st, Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Acura RL with the Tech Package and 15,000 miles per year are .00202 and 50%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The 12,000 mile per year residual value for this car would be 2% higher. Acura is not currently providing any cash incentives on this model.
Car_man
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