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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 24 of 31

#224 of 299 Re: RL Lease Info [joegolfer1] by Car_man HOST

May 05, 2008 (3:00 am)

Replying to: joegolfer1 (Apr 07, 2008 5:10 pm)
Wow, I've helped you out on your last three leases, joegolfer1. You're making me feel old . 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 2008 Acura RL with Tech and 15,000 miles per year are .00164 and 46%, respectively. 15,000 miles per year is the highest mileage allowance that Honda Finance publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it it to wait until the scheduled end of your lease and have to pay an excess mileage penalty. When negotiating your lease on this car, make sure to take advantage of the $4,000 dealer cash that is currently available on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#225 of 299 Re: RL Tech SoCal: good deal? [amonty] by Car_man HOST

May 05, 2008 (3:03 am)

Replying to: amonty (Apr 20, 2008 6:08 pm)
Hi amonty. Acura's May lease program for the 2008 TL is different than its April program was. Its money factor for this car is now higher, at .00164, but Acura is providing $4,000 dealer cash along with it that will help you negotiate a low capitalized cost for your lease. If I was in the market right now, I personally would shoot for around $500 over dealer invoice and then have the dealer subtract this cash incentive from that, putting me at around $3,500 under invoice.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#226 of 299 Re: RL Tech SoCal: good deal? [Car_man] by rjdoc74

May 15, 2008 (4:47 am)

Replying to: Car_man (May 05, 2008 3:03 am)
Dear Car_man,
 
Great forum. I am new to Acura RL lease, and was actually in the market for a 5 series until 5/6 (you must know what happend that day). Now I am looking at other options to get most bang for the buck. Few questions:
 
1. Which lease calculator do you prefer for Acuras? Is there specific one?
2. What's the aquisition fee on Acuras nowdays?
3. What is a customary dealer fee? With BMW it's around $480 + doc fees.
4. Edmunds website states you CAN combine advertized lease special with $4k dealer cash. How would that work? The special is $2500 down including $1405 cap reduction and $499+tax per month.
 
Thanks for your help!

#227 of 299 Re: RL Tech SoCal: good deal? [rjdoc74] by vavavavolvo

May 16, 2008 (6:41 pm)

Replying to: rjdoc74 (May 15, 2008 4:47 am)
What happened regarding the 5 series on 5/6?

#228 of 299 Re: RL Tech SoCal: good deal? [rjdoc74] by Car_man HOST

Jun 02, 2008 (2:16 am)

Replying to: rjdoc74 (May 15, 2008 4:47 am)
Oh, I'm very aware of what BMW did to its lease program on the 5-Series for May. I have spoken with a number of unhappy BMW dealers.
 
I actually use my own lease calculator that I created in Excel to work up payments. You can create one yourself using the formula that is outlined in the following article: Calculate Your Own Lease Payment. The lease calculator that is available here at Edmunds.com is a good one as well: Edmunds Lease Calculator.
 
I believe that Acura charges a $595 acquisition fee on every vehicle that it leases.
 
I'm not sure what you mean about "a customary dealer fee." Are you asking how much profit dealers typically make on the RL or are you asking what sort of doc fee Acura dealers usually charge?
 
The $4,000 dealer cash that Acura is providing on the 2008 RL is available on leases of it through Honda Finance. You should negotiate the lowest possible selling price that you can on the RL that you want, as close to dealer invoice as possible, and then have the dealer subtract the four grand from that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#229 of 299 2008 RL Lease Houston, TX by mrusso

Jun 22, 2008 (5:55 pm)

CarMan, I currently lease a 2005 RL - lease is up in Sept 08. I'd like to lease another RL [I love the car]. Isn't there a lease special going on? What is the best deal I can look for in Houston, TX?
Thanks!

#230 of 299 Re: 2008 RL Lease Houston, TX [mrusso] by gregfrommn

Jun 24, 2008 (1:12 pm)

Replying to: mrusso (Jun 22, 2008 5:55 pm)
mrusso, Would you mind telling me what the residual is on your '05 RL? I'm looking to buy an '05 RL and trying to figure out a reasonable price to offer considering the discounts available on the '08 version. Most dealers in my area are asking just under $30K for an '05 but have '08 models with 1K miles for $40K. So it seems the 05 should be less than what they are asking. Thank you.

#231 of 299 Re: 2008 RL Lease Houston, TX [gregfrommn] by mrusso

Jun 24, 2008 (6:02 pm)

Replying to: gregfrommn (Jun 24, 2008 1:12 pm)
gregfrommn, I looked on my paperwork:
$42598 Agreed price
$43886 Gross capitalized price
$29305 residual value
I only have ~25k miles on the car now. I live 1.7 miles from work.
 
12k mi/yr with lease price of $588/mo with $0 down.- which is over 09/01/08 and I am looking for another good lease deal. Good luck!

#232 of 299 Re: 2008 RL Lease Houston, TX [Car_man] by mrusso

Jun 24, 2008 (6:39 pm)

Replying to: gregfrommn (Jun 24, 2008 1:12 pm)
Hey Car_man,
My RL lease is up 09/01/08. What is the best lease I should get for 10k mi/yr, nav system in Houston, TX [my credit score is 783] ? Thanks for your help!

#233 of 299 How much to lease a 2009 RL? by pds1

Jun 24, 2008 (7:29 pm)

My 2005 lease is coming to an end next month. I'm ready to lease a new 2009 RL.
 
Does anyone know the monthly payment for that car on a 36 month lease with zero down and 12K miles?
 
Thanks
 
Hobart

Messages Page 24 of 31

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