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Acura TL Lease Questions

2097 messages, Last post on Dec 01, 2009 at 12:28 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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No money down, 4 year lease, 15,000 a year: $529. already done deal, but want to spread the word |
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Hi Carman, Hopefully you can tell me if I'm getting a good deal on a 2008 TL Type S. I spoke with my local Acura dealer today and was quoted for a 2008 Type S. The Adj. cap cost is $34,095. I was quoted for a 42 mth lease with 10,000 miles yr. Residual on vehicle is $18322.95 (47%) with a factor of .00265. Total out of pocket upon delivery is $500.00. All other fees will be rolled into my pmt including taxes. Total monthly pmt. with Taxes will be $540.16. Do you think I'm getting a good deal? Thank You
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can someone please give me some advice. i leased a 08 accord exl v6. absoutely hate it. problem is i rolled about 5800 negativity in from a 06 mustang GT LEMON. well anyway wife just leased a 08 tl. i went to the same dealer to see if he can do anyhting for me on a 08 tl. this is what he came up with. i owe 30k pay off on the accord. they will give me 23k therefore rolling 7k negativity into the TL. I would need to put down 4k and my payments would be 529 a month for a 48/10k miles lease. i am pretty sure the selling price is 34k ( with the negativity) for the new tl. without the negativity 27k. can someone please give me advice if the dealer is giving me a good deal or trying to pull a fast one. i hate to get in deeper but really want out of the accord. i can be emailed at davidros
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Replying to: sta2631 (Oct 03, 2008 1:24 pm) The money factor that you were quoted looks about right for a 36 month lease of this car with a waived security deposit. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: davidros11 (Oct 04, 2008 10:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 05, 2008 4:17 pm) thank you very much for your reply. i understand exactly what you mean. aside from rolling in the negativity, what do you think of the numbers out of curiousity |
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i am thinking of extending my 24 mo. lease on '06 TL no navi. the current deals right now don't strike me and i am willing to wait a month or two to see if anything better comes along. my question is as fallows: does it actually make sense to extend it? honda financial people state that i have to pay an extra tax of $35 a month to be payable upfront for the period of extension. this doesn't make sense to me since the tax was rolled into my current payments, so wouldn't I be paying the tax twice? my original deal was for $422, 10k mi, 0 down, 24 months. i was just offered same deal for 36 months instead of 24 months on the '08 TL. is that reasonable given an extra year and current rates? thank you!
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Replying to: Car_man (Aug 31, 2005 2:02 am) So you can see how Leases are built! A finance Company, builds the lease by starting at the MSRP, discounting it a little, then once the Mileage Usage is know, they can establish the Residual, then choose the Monthly and anything left over is Money Down! Example, let's says a TL has an MSRP of $35,000. Discount that maybe $500, then build in the mileage (say 10,000 miles per year) for 3 years. Using past examples, the Residual is around $22,000. The difference is $13,000. Say you want to advertise a $349/m payment. $350 times 36 months equals $12,600, so add the left over (About $1,000 with the Money Factor) to the first monthly payment and that's your money due at signing ($1,350) plus the Plate Fees and your done! Knowing how much you want to pay per month, how many miles per year you plan on using (always buy the miles up front, never buy too few and pay for the overage, it's more that twice as expensive.) and how much you want to pay upfront, you can get pretty close! Hope that helps, Jeff.
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Replying to: surge1 (Oct 06, 2008 11:48 am) |
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Replying to: Car_man (Oct 05, 2008 4:11 pm) All the other numbers i provided were accurate. With that being said I'm only paying roughly $1,100 over invoice. Do you think i can still talk them down? Also... What's considered high performance tires? This vehicle comes with the standard 18" Type S honeycomb wheels... Thanks
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