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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
2098 messages, Last post on Dec 02, 2009 at 6:05 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gab2409 (Nov 07, 2008 10:14 pm)  . Honda Finance's current residual value for a 36 month lease of a 2008 Acura TL with navigation and 15,000 miles per year is 47%. This rises to 49% for leases with only 12,000 miles per year. Using the prices that you mentioned in your post, an MSRP of $36,625, a selling price of $30,000, Honda Finance's buy rate lease money factor of .00290, and a 49% residual value, I come up with a zero down, pre-tax monthly payment of around $474 for this car. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: rxke (Nov 08, 2008 7:25 am)  . Most dealership lots have a ton of everything sitting on them. Consumers with cash or who can get financed should be able to get incredible deals right now. Good luck in your negotiations. Let us know if you need anything else and make sure to stop back and let everyone know how things turn out. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: gab2409 (Nov 08, 2008 6:18 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Nov 13, 2008 4:39 am) In your opinion, what is an incredible deal on a 09 TL TECH? 36,500??
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Replying to: Car_man (Nov 13, 2008 4:29 am) I spoke with the internet manager yesterday. What a difference a couple weeks and crap economy make. He's down from MSRP to $100 below invoice $32,795. Funny thing is that i started the conversation asking to pay $500 over. for 3yrs 12K miles the residual is 64% and he mentioned .00290 going to .0030 with no security. Comes out to $457 + tax.
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I received a quote over the phone from the manager of my local Acura dealership. Here is the summary: MSRP $42995 including $760 destination charge 36 month lease based on $41900 purchase price 12000 miles annually 60% residual value 0.00211 money factor First month $1820 including all fees $628 for the remaining 35 months The deal for 10000 miles annually: 61% residual value 0.00211 money factor First month $1820 including all fees $616 for the remaining 35 months Based on the above data I am not able to come up with the $628 (or the $616) monthly payment even with the 7% NJ sales tax. The manager declined to give further details but invited me to go there this Saturday when the car comes in. Right now he only has 2 base AWD in the lot. Do you think this is a reasonable lease program? I value your input. |
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Replying to: njalan (Nov 13, 2008 10:16 pm)
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Replying to: chuckjr (Nov 05, 2008 6:55 pm) |
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Replying to: chuckjr (Nov 14, 2008 8:48 am) |
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Replying to: njalan (Nov 13, 2008 10:16 pm)
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