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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
1461 messages, Last post on Jun 26, 2008 at 9:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: nring (Dec 20, 2007 12:59 pm)
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Replying to: jimmy805 (Dec 20, 2007 12:01 pm) the deal now is GOOD. BUT the economy is going down the toilet.... not to mention there is a new TL coming in 09..... 6-9 months away from htiting the dealerships? and the 335 and G37 are stealing TL sales. if they jack the lease and purchase deals back to the levels they were before this deal, then the sales will dry up all together.. which makes me wonder if the deals will just get BETTER the longer we wait.???
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Replying to: 23109vc (Dec 20, 2007 2:37 pm)
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Replying to: bigdogues (Dec 20, 2007 1:22 pm) be careful, most dealers try to charge a dispostion fee: Honda does NOT charhe one for the new 08 Accord, but Acura tried to charrge me 400.00 for the tl when you turn the car back in...it is small print but get up and start walking out and they will waive it. there is also a 1500 forgivance for small dings and dents and they charge .20 per mile over the alloted miles... |
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I was at a dealer earlier today and they claimed that their invoice price was $34,400. This seems much higher than what a lot of you are getting? Do you guys think they're lying to me or are the costs just higher now?
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Replying to: jimmy805 (Dec 20, 2007 3:30 pm) part of me things this - what the F*** is Acura going to do when they still have 08s sitting on the lot, and the new/restyled 09s are there. Is anyone going to want the 08s anymore... i mean yes someone will, but sure as hell not at existing pricing. but at some point - they can only sell them so cheap before they actaully lose money. someone on this board, that is more savvy to the car business, and incentives, with an eye toward the curent auto market, along with taking into account the TL and how it is selling - would be able to say ' given the market conditions, and the trends with auto makers - they would expect the lease deals to a) get better b) maybe lease deals no better but sale pricing on 08s get even sweeter c) prices go back to normal b/c Acura will have decided they moved enough TLs while the deal was on. if it's a or b, I'm ok. If it's C and I don't buy/lease one I'll be pissed. part of me wants to hold out and wait - thinking I can get an even better deal. part of me wonders if i'll miss the lease deal and be upset. if they can SELL the TL at 33,500 and be ok - it makes me think there really still is room in there to reduce the price further though. Acura is kicking in $2000. why not kick in a little more. they already give another 3% holdback to the dealer - why not just knock that off the profit and give to customers...or add $3000 cash back...or $4000. the thing I don't know is this - the MF right now is really low. will Acura keep that in effect or get rid of it. the longer we wait the lower residuals will get on 08s and the less value they will hold and hence the less attractive they become for leasing.. my best guess is that the current lease deal will go away at some point in the near future. 09s will hit the lot, 08s will be less valuable, and will have a reduced future value, further depressing the residual value - so the spread between MSRP and residual will increase - meaning the cost to lease will go UP, because there will be more deprecation to pay for over the life of the lease. once the car becomes unattractive to lease, they can throw more money at it for purchases, either through reduced interest rates or more cash back. if you really want to lease, I kind of think now is the time to do it. if you really want to buy, and can hold off, I think the deals will get better. partly I think the deals will get better becaseu the economy is going to get worse. the housing market is dragging everything down and people aren't buying cars. the auto makers are hurting, sales are slwoing, and they are going to have to sweeten things to bring peple to the dealerships. add to the general shitty ecnomy the fact that the TL is at the end of it's production cycle and is about to be restyled. the G35/G37 is stealing sales, as is the 335 and IS350. In many recent road tests / comaros by mags, the TL loses and gets trashed for being AWD and bing underpowered. i personally think it's a killer car....but the magazines influence buyers and so the TL is not selling like it did. so ultimately, i think the deals will be there for purchases. leases.....that depends. i kinda think as the TL becomes worth less and less, that hurts the ability to lease it. anyone else care to chime in on whether this current LEASE deal is gonna be here after new years....or will we get a BETTER deal? |
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Replying to: mike817 (Dec 20, 2007 5:26 pm) I have done deals where a dealer refused my initial offer on a car. told me "we paid more than that for the car so we can't sell it that cheap". then to somehow *prove* that to me, they bring out a sheet of paper they printed off that looked like an invoice...it has some price on it that was higher than what I had offered. as it to "prove" that what was on the paper was true. i politely said to them that since they paid too much for it, and can't take a loss of several thousand dollars, then they should sell it to someone willing to pay the higher price. i thanked them for their time, told them my offer was final, and walked out. they chased me down in the parking lot and haggled some more...tried to split the difference, I said NO. kept walking... and they the guy said "ok". get this, once back in the room doing the forms he asked me if I would agree to pay an extra "500" on top of what we/he agreed to so his salesguy could ge a commission. trying to play on my sympathy to undo a deal and gouge me more... NO. they did the deal. despite the "fact" that they have "paid more for the car'". what liars. no way they would have sold me the car for about $5000 LESS than what they claim they paid on it. so bottom line - they lie. |
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Anyone know of a legit resource that has the TL w/ nav invoice price? I want to use it to make my point. I checked edmunds but for some reason they still don't have it.
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With the killer lease rates on the TL's, thought I'd sit down with the dealer and work out a deal. Standard Acura lease, 10K over 36 mos for $389 w/tax (our tax rate is 8%) on the base model. Well, the 2K down turned into 2.9K down because of the dealer's standard add-on package, etc. To me, that's breaking rule #1 of any car buying episode. Dealers that jack up the drive-off will see me drive-off and not return. I simply lost any desire to waste time with this dealer. Does anyone know whether Niello in Sacramento or Modesto Acura are dealing? I noticed that the Elk Grove Acura is tossing in 3 years of free service. Nice touch. |
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there is a lot of talk here about negotiating down the cap cost - to around invoice. we all talk about what the MF is....residuals.. once I set foot at the dealer, with the info I have so far, I am VERY well armed to get the right cap cost, verify I am getting the right MF/residuals, etc. BUT, what FEES should I expect to be on my lease and which ones are the BS fees that the dealer adds in or jacks up from it's "real" level? it's like when you get a mortgage, and there are loan fee, doc fee, transfer fee, you almost wish they called it BS Fee #1, BS Fee #2, etc... you get the idea.. so on my new TL-S lease that I try to do this weekend - what FEES should I expect to be there - ones that the DEALER HAS TO CHARGE and I CAN'T get out of.. and which ones are BS that I can say "no I won't pay that or I walk" and i Know they will give in and take it off. I know there will be some kind of registration costs or titling fees, but can someone who has recently leased a car put up here what those fees were called and how much they were. so we know. thanks.
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