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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
1479 messages, Last post on Jul 23, 2008 at 2:10 PM
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Hi everyone, Thanks to all of the helpful posts on this forum, I think I was able to get a decent deal on a 2008 TL Lease. Just wanted to share the information with everyone in case it helps. I'm located in Omaha, NE 2008 Acura TL 36 month 12K/miles per year 0 Down (first payment ONLY) $410/month (5.5% tax included) |
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Carman, I am looking into leasing a TL-Nav for 3 years/36,000. I was wondering if you have the residual/money factor for this vehicle, if I decide to use the $2000 marketing support. According to the Acura website (and my local dealer), I am not allowed to use acura's special lease rate. Is this correct? Which is a better deal - using or not using the 2K market support? Thanks.
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Replying to: smiton (Jan 14, 2008 4:26 pm) if you lease, you can buy it at invoice though. best deal I was quoted, with NOT ONE CENT out of pocket was $513/month for a Type S. that figure INCLUDED CA sales tax of 7.75%. so it was a TOTAL/FINAL payment amount and it was a true sign and drive - no money due at signing. Just sign the form and drive way. i liked the TL Type S except for the torque steer. that really kills the experience for me. hard to get all excited about driving it all sporty when you mash the gas out of a turn and the frickin steering wheel jumps out of your hand. if you can't feel the torque steer you aren't driving it hard enough. if the price gets even cheaper I may do it just b/c it is a good deal. otherwise, i'm keeping my current daily driver and going to lease an S2k. the money factor on the S2k is about the same as the TL. great deal and a WAY more fun car. |
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Here's one that a dealer in Houston gave me with little resistance on negotiating on the overall price on the car. TL-S Auto (no 6 speeds available anywhere!!) $36,132 (close to or at invoice) Residual: 20,638 MF: .00045 36mo/12K miles Dealer will also pay the last 2 payments of my current TL lease ($950) 2 options 1) $2500 + 1st mo. payment = $525 2) 1st payment only = $563 Dealer said the .00045 rate is only good for 36 months. If I want to go to 39/42/48 months, they have to use 5.8% MF. Is this right? What's the verdict on this deal? With the number of Acura dealers in Houston, I feel that I can get something lower than this. |
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Replying to: soylentgreen (Jan 21, 2008 8:50 am) my offer was in late dec of 07, so the MF was a big higher, but the residual was too...but with the new numbers, you get almost the exact same pricing. with NO money down. not one cent...just sign the papers and drive off my payment was going to be $513/month for 36mo. if I put down $3000 the payment would have been $425 or so..give or take a bit..i foget the exact number. the 513 was an exact number. they are selling you the car at almost invoice, but not quite.
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Replying to: 23109vc (Jan 21, 2008 10:10 am) That's a pretty good deal...how'd you manage to do that sign & drive for $513? Did you get the same terms 36/12K miles? And the $35,700, is that including destination? The dealer gave me $35,417 + 715 dest. that's how he got that price. |
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| This is my first lease. I went to an Acura dealer, and the deal that was presented was an Acura TL Base (No navi), $359 payment for 36 mths, 12k miles, $2300 due at signing, that includes first month payment, taxes (nys), bank fee, and dmv fees. is this a good deal, or can i get better? | |
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Replying to: soylentgreen (Jan 21, 2008 8:50 am) I'm from Baton Rouge, LA, and there are only 3 Acura dealers in Louisiana - one of which is terrible, the other two, including the one in my city, are in lower volume, minimal competition areas, and thus, higher prices, and they refuse to go down, probably because they don't get the kickbacks high volume dealers get. Therefore, I've called dealers in Dallas and Houston. Been working with Gillman Acura in Houston. They seem nice. Anyone have any experience with them? Numbers wise... I looked at a bunch of prices paid for purchased TLs... the average difference between MSRP and purchase price typically is about 5000. For a lease on a TL, tack on 2000, so 3000 off. Deal I've been working with them is for 15k mi / yr for 3 years: MSRP: 34440 Base Cap Cost: 31395 Acquisition: 595 Net Cap Cost: About 32000 MF: 0.00045 Residual: 54% Going to pay TTL up front Comes out to around 400 a month I think. Does Acura use the standard lease formula? Where... Depreciation monthly = (net cap cost - residual)/36 Finance fee monthly = (net cap cost + residual)xMF Tax = (Dep + Fin)x rate Also, if I do business with them, anything special I should do prior to driving to Houston? Gillman says that they don't put any tint, protection packages, vin teching, etc... on their cars. I wonder if they can fax me over something with definite numbers and a VIN. And anyone know how out of state leases work for titling and licensing?
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Replying to: pres975 (Jan 23, 2008 1:14 am)
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Replying to: soylentgreen (Jan 23, 2008 7:40 am) |
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