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Acura TL Lease Questions

2095 messages,  Last post on Dec 01, 2009 at 3:07 AM

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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#1669 of 2095
Re: TL-Tech Lease Question [ceg1] by ezielanski
Dec 05, 2008 (5:39 pm)
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Replying to: ceg1 (Dec 05, 2008 4:38 pm)

I'm thinking if you tell the dealer, because of the $$ you'll wait until Feb, he'll work it closer. Take the $1250 off the TL deal and you gotta save $35-40 per mo .And there's no way you'll get it now for that much. There's extra $ in there somewhere, maybe in the buy back for your car. So the dealer is going to want to sell you now. He knows if you wait, chances are it's not going to be for his benefit. I understand why you want it now, I should have waited too. But I couldn't, and I know I they'll be cheaper out there next year. So if you can't wait and won't mind knowing that 2-3 mo from now the deal might be $20-30 cheaper, do it. But if it'll bother you wait, and who knows maybe you'll be buying the AWD . If you buy it, drive by and honk the horn. Good luck.
#1670 of 2095
Re: TL-Tech Lease Question [ezielanski] by ceg1
Dec 05, 2008 (6:04 pm)
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Replying to: ezielanski (Dec 05, 2008 5:39 pm)

I was told by one of the dealers that Dec is the best Acura is going to get on the TL and in early 2009, the deal will be more. I realize this may be total BS, but it seems like a dice roll. This dealer, as far as dealers go, seems pretty honest and he won't come off 540 with 700 down. I looked at a A4 with Prem Plus and Audi matched the TL deal and may go lower, but I like the TL better.
#1671 of 2095
2009 TL/Tech by automan999
Dec 06, 2008 (9:33 am)
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Two questions car_man
 
1- What is the Dec. money factor on the TL & TL/Tech, Nov was 0.00211, & res which I think was 62% in 15M?
2- What are the same numbers on the AWD, No-Tech
 
Also ceg1, if you use Nov. numbers your payment shoud be about 515+tax, and that is using 15,000 per not 12,000.
#1672 of 2095
2008 TL Type S lease question by ronbars
Dec 06, 2008 (11:27 am)
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Hi all,
 
I'm looking to lease a 2008 TL Type S. The dealer has agreed to a selling price of $32,299 but they're telling me the lease payment with $1000 to start will be around $720 for a 36 month lease with 15k miles per year. Does anyone know what the current residual on this car with a 36/15 lease is? Also, any idea of the money factor through American Honda FInance?
 
By my math, the residual must have dropped a LOT since August when my friend leased an '08 Type S for $1700 out of pocket and a payment of $451 with (6%) tax in on a 36/10 lease. Looking at his contract, the gross cap cost of his car is a tad more than $1000 higher than the $32,299 figure I was quoted. I know I'm using more miles, but sheesh...
 
Thanks for any help to de-mystify the situation...
#1673 of 2095
Re: 2008 TL Type S lease question [ronbars] by ronbars
Dec 06, 2008 (1:18 pm)
Reply

Replying to: ronbars (Dec 06, 2008 11:27 am)

I asked for the MF and residual and the story changed. Somehow we went from $720 (never did get the figures this was based on) to $590 based on $1000 out of pocket and they of course "reminded" me of the $695 acquisition fee and $699 dealer fee (he called it "miscellaneous fee"!!) when I plugged int heir MF and residual and asked what the REAL selling price was (the math never lies). I counteroffered $540 based on the math without those two bogus fees. We'll see how badly they want to sell a car.
#1674 of 2095
by toyoman8
Dec 06, 2008 (4:19 pm)
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Ok guys I got an offer on 2009 Base model for 36mos12k +$3000 cash down total for $399 I think it's a hell of a deal. What do ya think guys?
#1675 of 2095
Re: 2008 TL Type S lease question [ronbars] by drtravel
Dec 07, 2008 (11:01 am)
Reply

Replying to: ronbars (Dec 06, 2008 1:18 pm)

the $695 acquisition fee and $699 dealer fee
 
Just review some of the lease deals at Acura.com - no mention of the added dealer fee and the acquisition fee is $595 so they are marking it up. The dealer fee is an add-on otherwise know as extra dealer profit.
#1676 of 2095
Re: [toyoman8] by chuckjr
Dec 07, 2008 (11:13 am)
Reply

Replying to: toyoman8 (Dec 06, 2008 4:19 pm)

you did not mention the selling price. If the selling price isn't within a few hundred of invoice then it's not a good deal. The rest is just math.
With $819 down on 3 yr 36k I am at $412 so there is no way that with $3k down it's a good deal.
#1677 of 2095
by toyoman8
Dec 07, 2008 (11:35 am)
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Really CHUCKIR on a base model 2009 TL $412 tax included? I don't know the selling price at this point. I told the dealer that I changed my mind about getting a new car and he just send me a $400 a mos quote for a base model.
#1678 of 2095
Re: [toyoman8] by chuckjr
Dec 07, 2008 (12:56 pm)
Reply

Replying to: toyoman8 (Dec 07, 2008 11:35 am)

No $412 is before tax but since the tax consequences on leases vary from state to state they were not included.
I pay $446 after tax for an 09 base but there was a mixup with the money factor so i actually got the car at $800 under invoice (dealer's fault). Even without the mixup the payment would have been $453 including california tax with $819 drive off (no cap reduction just DMV and first payment) at $100 under invoice with a $595 doc fee.
 
Just ask them how much they are selling the car for - call the internet sales manager and he will usually tell you straight out. The rest is based on figures set by your credit and Honda Finance

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