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Acura RL Lease Questions

299 messages,  Last post on May 06, 2013 at 3:41 PM

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

Messages Page 21 of 31

#196 of 299 Re: Lease 2008 RL Tech [newacurabuy] by leasesucks

Oct 12, 2007 (7:17 pm)

Replying to: newacurabuy (Oct 04, 2007 3:47 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!

#197 of 299 Re: Lease used RL? [jaybee85] by Car_man HOST

Oct 31, 2007 (11:06 am)

Replying to: jaybee85 (Oct 01, 2007 10:53 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#198 of 299 Re: Lease 2008 RL Tech [newacurabuy] by Car_man HOST

Oct 31, 2007 (11:09 am)

Replying to: newacurabuy (Oct 04, 2007 3:47 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#199 of 299 November lease numbers? by jaybee85

Nov 02, 2007 (10:48 am)

Thanks, car_man. It seems leasing a used Acura isn't so promising. Two NJ dealers said they wouldn't do it, even though AHFC said they would provide lease financing on good used cars.
 
Now, is there any lease programs up or coming on new RL's, or TL's? What residual and money factor would you expect on
a new RL or TL, based on 36 months and 12,000 miles per year?

#200 of 299 Re: November lease numbers? [jaybee85] by Car_man HOST

Nov 05, 2007 (3:23 am)

Replying to: jaybee85 (Nov 02, 2007 10:48 am)
You're very welcome, jaybee85. Honda is providing lease support on both the 2008 RL and TL in November. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Acura RL with 12,000 miles per year are .00129 and 52%, respectively. The numbers for an otherwise identical lease of a 2008 TL are .00168 and 58%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#202 of 299 Re: November lease numbers? [Car_man] by marckschwartz

Nov 10, 2007 (5:59 pm)

Replying to: Car_man (Nov 05, 2007 3:23 am)
I just test drove an RL in a suburb of chicago. With the technology package, including all taxes and rated at 12,000 miles a year I was quoted $791 a month. The sticker is $50,500. Cash purchase was $44,000. Where should I go in my negotiations since it clearly is a buyers market.

#203 of 299 RL v Lexus by marckschwartz

Nov 10, 2007 (6:05 pm)

I have owned many Lexus automobiles and never owned an Acura. I don't want to spend $70,000 for a 460 and my wife doesn't like the next model down. I am considering a gs 350 or a RL. Your thoughts would be appreciated!!

#204 of 299 RL vs. 60-70K Lexus by jensad

Nov 11, 2007 (12:35 pm)

I too own an 04 Lexus RX 330. Since my wife has purchased a Honda Pilot I will next year sell my Lexus. Now, I also have driven an RL and a GS 350. I loved the acceleration of the GS, however, I cannot stand the small ness of the interior.
 
I would hate to be in an accident in the GS. And I too do not want to spend 60-70 K for the big Lexus. I really think in about Feb with the rain ect, I'll buy an RL. I really think Lexus is making a mistake by going to smaller cars.
 
Good luck to all and stay safe.
 
jensad

#205 of 299 MDX Tech lease in NC by smith83

Nov 26, 2007 (8:20 am)

Here's the deal I have been offered:
 
2008 RL Tech Package, based on $4000 discount off of MSRP, $775.18 per month 18,000 miles per year/36 months, $1261.34 due at lease signing.
 
This looks considerably higher that what I am seeing on this board. What am I missing?

Messages Page 21 of 31

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