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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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#226 of 264
Re: RL Tech SoCal: good deal? [Car_man] by rjdoc74
May 15, 2008 (3:47 am)
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Replying to: Car_man (May 05, 2008 2:03 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 264
Re: RL Tech SoCal: good deal? [rjdoc74] by vavavavolvo
May 16, 2008 (5:41 pm)
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Replying to: rjdoc74 (May 15, 2008 3:47 am)

What happened regarding the 5 series on 5/6?
#228 of 264
Re: RL Tech SoCal: good deal? [rjdoc74] by Car_man HOST
Jun 02, 2008 (1:16 am)
Reply

Replying to: rjdoc74 (May 15, 2008 3:47 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
Host
Prices Paid: Buying & Leasing Experiences Forum
#229 of 264
2008 RL Lease Houston, TX by mrusso
Jun 22, 2008 (4:55 pm)
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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 264
Re: 2008 RL Lease Houston, TX [mrusso] by gregfrommn
Jun 24, 2008 (12:12 pm)
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Replying to: mrusso (Jun 22, 2008 4:55 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 264
Re: 2008 RL Lease Houston, TX [gregfrommn] by mrusso
Jun 24, 2008 (5:02 pm)
Reply

Replying to: gregfrommn (Jun 24, 2008 12:12 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 264
Re: 2008 RL Lease Houston, TX [Car_man] by mrusso
Jun 24, 2008 (5:39 pm)
Reply

Replying to: gregfrommn (Jun 24, 2008 12:12 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 264
How much to lease a 2009 RL? by pds1
Jun 24, 2008 (6:29 pm)
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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
#234 of 264
Re: 2008 RL Lease Houston, TX [mrusso] by Car_man HOST
Jul 17, 2008 (2:15 am)
Reply

Replying to: mrusso (Jun 24, 2008 5:39 pm)

Hi mrusso. You need to know the MSRP and selling price of the RL that you are interested in to calculate its lease payment. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base '09 RL with 10,000 miles per year are .00137 and 55%, respectively. Take these numbers, along with the MSRP and selling price and plug them into the formula that is outlined in the following article to get an idea of what sort of lease payment to expect: Calculate Your Own Lease Payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#235 of 264
Re: How much to lease a 2009 RL? [pds1] by Car_man HOST
Jul 17, 2008 (2:17 am)
Reply

Replying to: pds1 (Jun 24, 2008 6:29 pm)

Hi pds1. Acura is currently advertising the base 2009 RL at $549 per month for 36 months with $2,555 down. If you are in an area that has a decent level of competition, you should be able to do better than that by negotiating the lowest possible selling price and then having the dealer calculate your payment using Honda Finance's buy rate lease money factor of .00137 (for Super Preferred tier customers who pay a security deposit at lease signing).
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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