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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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#7 of 264
Re: Re: 24 Mo. Lease vs 36 Mo Lease by Car_man HOST
Sep 19, 2005 (2:16 am)
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Hi mmcporter. The salesperson was right that the dealer cash that is currently available on the 2005 Acura RL will make its lease payment closer to the payment of an Acura TL than it normally would be. Just how much closer is difficult to say without knowing the MSRPs and selling prices of the vehicles that you are interested in. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing these cars' selling price in relation to their MSRPs you don't know how much of a discount you are getting on them. The second reason is that one needs the selling price and MSRP, including the destination charge, vehicles to calculate their lease payments. I would be more than happy to work up a sample lease payments on the cars using Acura's actual current lease program for you if you let me know what these numbers are.
 
Car_man
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Smart Shopper / Prices Paid Forums
#8 of 264
Re: Re: 24 Mo. Lease vs 36 Mo Lease [Car_man] by mmcporter
Sep 19, 2005 (3:37 am)
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Replying to: Car_man (Sep 19, 2005 2:16 am)

Car_man,
 
For the RL, the MSRP is $49,100 plus destination of $570. I havent negotiated the pricing yet, but the invoice is $43,714 with the $570 destination plus there is $2,500 in play from the manufacturer. So I would say that I should be able to get the car for $45K BEFORE the application of the $2,500. Again, looking for 0 down except the first payment plus fees, 15K miles per year on a 36 month lease. Hope this helps. I will post the similar information in the TL forum on the TL.
 
Best,
#9 of 264
Re: 24 Mo. Lease vs 36 Mo Lease [mmcporter] by birdbird
Sep 20, 2005 (11:47 am)
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Replying to: mmcporter (Sep 18, 2005 8:43 pm)

What about tax on the RL. Was that included in the payment they are quoting you. If not, that will jack the monthly payment up a lot?
 
Also, I have a question for car_man. Don't you think by waiting until early October that a better lease price on an RL might be likely? Acura will be needing to get rid of all the RLs all over the country in advance of the arrival of new 2006 models won't they?
#10 of 264
Re: 24 Mo. Lease vs 36 Mo Lease [birdbird] by pittpanther
Sep 20, 2005 (1:31 pm)
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Replying to: birdbird (Sep 20, 2005 11:47 am)

I also have a question Car_Man...
 
I am looking into the lease special on the RL as well. I have a very good friend who quoted me $42,400 (including destination) for the vehicle - ...I know, it's a fantastic price ! In fact, my other friend is completing the purchase of an RL at that price today with her.
 
I was (pleasantly) surpirsed to read about the $2,500 cap reduction incentive! What is AHFC using right know for Money Factor and Residual for a 36 month lease? Do you have the numbers for a 39 and 48 month lease as well?
 
Thanks so much!
 
...Doug
#11 of 264
Re: 24 Mo. Lease vs 36 Mo Lease [birdbird] by mmcporter
Sep 20, 2005 (8:07 pm)
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Replying to: birdbird (Sep 20, 2005 11:47 am)

In Mass, we have a 5% auto tax, which on a lease can be made on every payment. So a $600/month payment becomes $630 with tax.
#12 of 264
Re: Acura RL: Lease Questions [Car_man] by pittpanther
Sep 21, 2005 (8:46 am)
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Replying to: Car_man (Aug 31, 2005 1:59 am)

I received the following quote from the dealer... for a 36 month lease, 12,000 miles per year: 0.00299 money factor and a 58% residual. The finance guy told my friend who works there that the 0.00299 is their buy rate currently.
 
I was able to find some other information on another forum that the current buy rate from AHFC on a 36 month lease is 0.00235, but I have not been able to confirm this yet. So I am not sure which is accurate...
 
Also, I was able to do a bit more research, and it seems like the $42,400 price that I was quoted is good, but not as exceptional as I had thought. Many RL owners are securing prices around this value at dealers looking to move their 05 overstock to make way for the 06s.
#13 of 264
Re: Acura RL: Lease Questions [pittpanther] by pittpanther
Sep 21, 2005 (1:05 pm)
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Replying to: pittpanther (Sep 21, 2005 8:46 am)

Interestingly enough, another dealer indicated that the current buy rate through AHFC is actually 0.0026 (36 month, 12K miles year)!
 
This is always such a struggle...!
#14 of 264
Re: Acura RL: Lease Questions [pittpanther] by Bushwack
Sep 21, 2005 (5:46 pm)
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Replying to: pittpanther (Sep 21, 2005 8:46 am)

The current rate is 0.00235 at 36 months (at 58% residual). I've been looking at leasing the RL for the past few weeks. Best price I've been able to negotiate here in Los Angeles is $41,900 (highest was $42,500). I've heard of people in other parts of the country pleased with a purchase price of $45K (supply & demand).
#15 of 264
Re: Acura RL: Lease Questions [Bushwack] by pittpanther
Sep 22, 2005 (4:14 am)
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Replying to: Bushwack (Sep 21, 2005 5:46 pm)

Thanks Bushwack - is that American Honda Finance's buy rate? Can you tell me where you found this info?
 
If so, the finance guy at Norris Acura West (Ellicott City, MD) flat out lied to my friend, who is a sales associate there.

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