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Acura TL Lease Questions

2084 messages,  Last post on Nov 29, 2009 at 8:52 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura TL, Car Leasing, Sedan


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#1603 of 2084
Re: 2009 TL AWD pricing [rxke] by Car_man HOST
Nov 05, 2008 (6:29 pm)
Reply

Replying to: rxke (Nov 03, 2008 11:40 am)

Hi rxke. I haven't seen the dealer invoice price for the Acura TL yet either. I'm sure that Edmunds.com will eventually have it, but I'm not sure when. Interestingly, I haven't seen the lease program for the 2009 Acura TL yet either. Honda is being pretty secretive about it, huh. I heard that there was some sort of special "introductory" lease program on the '09 TL, but I don't know what the money factor would be for it. I suspect that it would be better than Honda Finance's current buy rate standard lease money factor of .00290 (for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing).
 
Honda Finance's current 36 month, 15,000 mile per year residual value for the 2009 Acura TL is 62%. It drops to 59% for '09 TLs that are equipped with the Tech package.
 
As far as the A4 goes, Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Audi A4 3.2 Premium Plus Sedan with 15,000 miles per year are .00169 and 55%, respectively. This program is only scheduled to run through November 11th.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1604 of 2084
november 09 lease figures by chuckjr
Nov 05, 2008 (6:55 pm)
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Car man did the MF change in November for the 09 TLs?
 
I am looking at an 09 TL base at 12k/yr for 3 years.
 
thanks. Also what did BMW's change to? 328i w premium 12K/yr for 3 yrs.
 
thanks,
 
chuck
#1605 of 2084
by gab2409
Nov 07, 2008 (10:14 pm)
Reply
I was told today that my local dealership is agressively pricing its 08 TL's (w/ NAV) for leases (nothing down; sign and drive). I've created a spreadsheet based on the calculations on this site (which I'd be happy to email if anyone wants), and here are my numbers. this seems terribly low for a monthly payment, and was wondering if anyone could share where I am off:
 
msrp: $36,625.00 (msrp from this site)
purchase: $30,000.00 (quoted from dealer)
money factor: 0.0027
residual: 0.65
total: $23,806.25
pmt - residual: $6,193.75
pmt (3 yr): $172.05
interest: $145.28
total pmt: $317.33
 
total pmt + tax: $341.12
#1606 of 2084
Re: [gab2409] by chuckjr
Nov 07, 2008 (10:27 pm)
Reply

Replying to: gab2409 (Nov 07, 2008 10:14 pm)

I'd double check the residual of 65% in your calculations. An 08 without nav has a resid of 52% for 3yrs/36k miles. (This is as of last month)
The 09 base has a residual of 60%
#1607 of 2084
by gab2409
Nov 07, 2008 (10:38 pm)
Reply
ah, ok. where can I find the residual values?
#1608 of 2084
Re: [gab2409] by chuckjr
Nov 07, 2008 (10:45 pm)
Reply

Replying to: gab2409 (Nov 07, 2008 10:38 pm)

you can call a dealer, pose the question to car_man the moderator or just browse back in the threads to find the details regarding an 08 w nav. keep in mind that the numbers changed a bit over the past couple months.
#1609 of 2084
Re: [gab2409] by oliviob
Nov 08, 2008 (6:18 am)
Reply

Replying to: gab2409 (Nov 07, 2008 10:14 pm)

hey there gab, would love more info, been going back/forth w a dealer in so california, and more ammo the better. had my eye on a tl w nav lease, but they came back w 500/mo, which i know isn't at all true. can you send me info? jaredlsiegelgmail.com. thanks!
#1610 of 2084
Re: 2009 TL AWD pricing [Car_man] by rxke
Nov 08, 2008 (7:25 am)
Reply

Replying to: Car_man (Nov 05, 2008 6:29 pm)

Thanks car_man. You are the best. Thanks for the infor. I can guess the invoice price based on the MSRP/invoice of the base car and the price between the models(tech $3500+ and AWD $3500+) I am seeing that many of the dealerships have lots of base 2009 TL that do not seem to be moving fast and are therefore starting to deal. I am interested in the AWD model and the dealers do not seem to have alot at the moment but will have more within 2-3 weeks. I will keep you posted and if I need any additional info I will contact you again.
 
Thanks again for all of your help. You have made negotiating with dealers a lot easier.
#1611 of 2084
by gab2409
Nov 08, 2008 (6:18 pm)
Reply
I'm a little confused about the residuals...I've read over the past couple of pages that the 09 residual is between 60-65%, and the 08 is between 50-51%.
 
what are the current numbers for a 12k/year, 25 month lease for the 08 and 09 TL's with NAV? perhaps I am getting confused with the different numbers for different mileage requirements.
#1612 of 2084
2008 TL w/ NAV, 12k/year by gab2409
Nov 09, 2008 (10:43 am)
Reply
I just got a quote from the dealer that ended up being about $530/month with $1k down as the 1st payment and tax. the numbers he used were 49% residual and .0030 money factor, and it appears as if his purchase price was about $30.5k. thanks but no thanks, buddy.

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