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Acura TL Lease Questions

2075 messages,  Last post on Nov 22, 2009 at 7:51 PM

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

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#1736 of 2075 Re: Need help on TL lease [ultrarunner] by Car_man HOST Jan 03, 2009 (3:25 pm)
Replying to: ultrarunner (Jan 02, 2009 9:02 pm) Hi ultrarunner. Honda Finance charges a $595 acquisition fee on every vehicle that it leases. All lessees have to pay this charge. You can pay it at lease signing or roll it into the car's capitalized cost to bake it into your monthly payment.   I see that the lease that you described includes a $1,005 capitalized cost reduction. It actually would be in your best interest not to make any sort of down payment on your lease. Lessees who make cap cost reductions risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though your monthly payment will be a little higher, you would be better off going with a zero down lease.   Acura is not providing any special cash incentives on this car that are not available with its special lease program, so I don't see why the price that you negotiated for a cash purchase of this car wouldn't be available if you leased it.   $500 under dealer invoice is a very attractive selling price for a 2009 Acura TL. Just make sure that the dealer uses its buy rate lease money factor to calculate your monthly payment and you're in business.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1737 of 2075 goofy basic trade-in balance question by nubbin4 Jan 03, 2009 (5:15 pm)
I plan on trading in my van for ~$5000 and going into a TL lease. I realize it never makes sense to put any money down on a lease although - after the expected Honda Bank fee and ~$1500 cap cost reduction - I will have ~$3000 "left over". Is there any options for me other than reducing cap cost further? Would a dealer ever cut me a check versus putting all of my trade-in value towards the lease? Can I prepay a few monthly payments up front versus reducing the monthly nut [thus reduce my long-term stolen / totaled risk?] Also - are there any other popular terms other than 36 months - perhaps 39 or 42? Ideally would like to have my lease come off at the end of the summer plus the TL has a 48-month warranty. Thanks in advance to all. Replies to this message: Car_man (Jan 04, 2009 8:01 am)
#1738 of 2075 Re: goofy basic trade-in balance question [nubbin4] by Car_man HOST Jan 04, 2009 (8:01 am)
Replying to: nubbin4 (Jan 03, 2009 5:15 pm) Hi nubbin4. There's nothing wrong with using some of the proceeds from your trade to pay the typical things that you have to pay at lease signing, like your first month's payment, security deposit, and acquisition fee. However, that really all you should pay. Don't use anything that's leftover as a capitalized cost reduction. You should be able to have the dealer cut you a check for any equity that is left.   Acura's special lease program on the 2009 TL is only available for a maximum of 39 months. It doesn't make sense to lease this car for longer than that because its 39 or 42 month money factors would be significantly higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1739 of 2075 Re: Acura TL [leaseboy] by mikeinmentor Jan 05, 2009 (1:55 am)
Replying to: leaseboy (Dec 28, 2008 6:54 am) What dealership did you deal with? How do you like the car? How does it compare to the TL with the Tech package? Replies to this message: JayManCpa (Jan 05, 2009 7:28 am)
#1740 of 2075 by JayManCpa Jan 05, 2009 (7:28 am)
Replying to: mikeinmentor (Jan 05, 2009 1:55 am) I'm new to this forum. Does anyone have a guess on what SHAWD w/tech will be renting out at come Oct/Now. I'm guessing they will want to get rid of the 09's and maybe they will come down some. I'm not looking to pay more than mid 500..
#1741 of 2075 by leaseboy Jan 05, 2009 (6:26 pm)
Acura dealership in Bedford. Love the car, however I am having a strange audio issue. When listening to XM the back speakers work poorly resulting in weak sound quality. Went to the dealership today and they said the stereo is fine and the problem is with XM. This does not make sense. Curious if other '09 TL owners have similar problems
#1742 of 2075 Money Factor by billyperks2 Jan 06, 2009 (10:13 am)
Can someone confirm? I just spoke to my dealer and they informed that the MF for January is .0025 or 6 %, is this correct? Last month it was .00165 or 3.96%.I thought things were bad for the Auto Industry, shouldnt they be looking to keep the rates competitive? Replies to this message: Car_man (Jan 13, 2009 3:24 am)
#1743 of 2075 New lease programs by Teachndoc Jan 06, 2009 (1:56 pm)
It would appear that tightening credit markets are moving TL lease numbers up. Strange considering that TL sales were down in December. Here are the numbers that I got from Island Acura on Long Island for a front wheel TL w/Tech. Looks as though I will wait to see if AHFC offers any additional incentives. Love the car, not the numbers.   From Island Acura Wish I could say it was better....but it's not !! If we structure it with only the Bank fee & 1st payment upfront, the front-wheel - Tech would be 39 x 10,000 thru AHFC and the payment would be $528 ! Plus....this program is only offered till 2/2/09..... Will keep you immediately informed if AHFC comes out with any enhanced programs....Thanks... Replies to this message: 10sfan (Feb 06, 2009 10:03 am) billyperks2 (Feb 06, 2009 10:43 am)
#1744 of 2075 residual and money factors by amy9 Jan 08, 2009 (11:21 am)
How can I find out the residual and money factor's for the 09 TL AWD Tech? Thanks so much! Replies to this message: polyvw (Jan 12, 2009 4:58 pm) Car_man (Jan 13, 2009 3:31 am) Car_man (Jan 13, 2009 3:28 am)
#1745 of 2075 Re: residual and money factors [amy9] by polyvw Jan 12, 2009 (4:58 pm)
Replying to: amy9 (Jan 08, 2009 11:21 am) Can you get me the numbers for a 2009 Acura TL Base and Base w/ tech package?   Looking at a 36 or 39 month lease with 15k miles/yr.   Pulling the trigger soon on this deal, any help is appreciated. Replies to this message: Car_man (Jan 13, 2009 3:31 am)

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