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Prices Paid: Buying & Leasing Experiences 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
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I feel like I got a really good deal yesterday. I was coming out of a lease on a 2005 RL at $699 per month. It was a 4 year lease with a residual of $23,900 and change. In the 4 years that I had the car, I put on 68,300 miles. After doing enough research, I decided that the residual was too high for a 4 year old car with almost 70k miles on it. I was seeing the same car for 23k with about 25k less miles on it. So I went into my Acura dealership to test drive the TL with no thoughts about the RL as I didn't want my payment around $700 per month. In fact, I had seen some $700+ payments on some RL leases. I test drove the TL and decided it was "doable" for a leased vehicle. But just for $hits and grins I asked them if they had an RLs on the lot. He said he had 2. One that was with just the base model and another with the technology package. Since I rarely ever used my GPS on my 2005 RL, I asked the sales person if he thought I could get a "deal" on the RL. He said maybe the one without the technology package. After the general manager came out to see me before I left, I told the GM to give me numbers on the TL with technology and the RL without. After about 5 days of going back and forth via email with the GM, I struck a deal on a 2009 RL without the technology. It had an MSRP in the $47k range and here is the deal I received: Purchase price of $38890.54 money factor: .00215 Residual: 47% or $22296.80 Monthly payment of $592.49 12,000 miles per year. My plan is to actually buy this car outright. I love the RL and this one is gorgeous. It's black with the ebony interior. Going to go get the windows tinted tomorrow and will probably pick up the splash guards within the next month or so. I figured with as little as I used the Navigation on the 2005 RL, I would go pick up a Garmin and use it when I need it. The only reason I was able to get such a great deal was that not many people are willing to pay almost 50k for a car without navigation. I love my new car.
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Replying to: markinfrisco (Apr 21, 2009 7:52 pm) When negotiating your lease on this car, make sure to take advantage of the $3,000 dealer cash incentive that is currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: markinfrisco (Apr 26, 2009 2:42 pm)  . Congratulations on getting your new RL. Thanks for taking the time to post the details of your lease with everyone. If you have the time, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: markinfrisco (Apr 26, 2009 2:42 pm) |
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Replying to: Car_man (May 11, 2009 2:33 am)
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Replying to: 10sfan (Oct 08, 2009 2:01 pm) If you were to lease a base 2010 Acura RL through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00200 and 49%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 16, 2009 2:27 am)
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Replying to: 10sfan (Oct 31, 2009 8:03 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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