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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
2082 messages, Last post on Nov 29, 2009 at 9:22 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Acuratexan (Jan 25, 2009 4:23 pm) What is the total due at signing on the "what a lease" deal? How many months is that?
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Replying to: corndawg (Jan 28, 2009 3:23 pm) |
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Replying to: corndawg (Jan 28, 2009 4:09 pm) |
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This is what I was quote for via phone from Curry Acura. 2009 Acura TL AWD Tech with HTP  $43,900 for 572 per month The terms 39 months. 1500 out of pocket. not sure if this is accurate. |
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In the last few days, the best quote i've gotten for the TL with Tech (MSRP 39,445) in los angeles, is $1000 drive off and $500 a month including tax. this is for 10k miles a year and for 39 months. While i think that is a great deal, considering the industry climate i'm sure in the next few months, better incentives and interest deals will be available. the cap cost quotes i've received have ranged from $35,000 to 34,300 the various sales guys have mentioned the $1000 cash rebate as well as $700 hold back. I also think that the money factor is really high for january .0025 considering that one of the sales guys told me that last month for tier 1 credit, it was .0009! Hoping for new February Money Factor numbers!!!!!! |
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Honda Financing sets the Money Factor and Residuals? These are non-negotiable as i understand it. However, are the mileage allowances (10k vs. 12k) independent of the residual value? because i'm getting different residual quotes based solely on the mileage: i.e. for the 09 tl with tech, for 39 months - 10k mileage it is 59% residual and for 12k mileage it is 58% residual. Is this right? does honda financing set a residual based on a fixed mileage amount (15k). or am i getting screwed? just learning the facts... feedback is appreciated. i love this site. what great info to help us compare facts and offers.
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Replying to: alliecat1 (Feb 01, 2009 10:24 am) |
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Replying to: Acuratexan (Jan 28, 2009 1:50 pm) The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given. If I was in the market for a new TL right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $500 dealer cash that is currently available on the base model. Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your monthly payment using Honda Finance's buy rate lease money factor of .00250 (for consumers who qualify for its top credit tier). Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi folks, I have been following this forum for a few weeks now and have gained a lot from it! Had a basic question - apologise if it has been asked and answered before!  When I go to a dealer to get a quote, he asks me for a credit check. If I do that, then how bad is the hit on my credit report? Is it better to do all the shopping just before buying? or can I keep checking out the new stuff and getting quotes all along and pull the trigger when I get a good deal? If each credit check is going to be a hit on my report, then are there any suggestions on how the experts in this forum go about it? I'm on the lookout for a new Acura but not really in need right now - however, happy to go for it if I get a good deal. Thanks for reading! Replies appreciated! --Shyam
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Replying to: shyamy (Feb 05, 2009 7:56 am) The only time the dealer should check your credit is when you actually agree upon a price and a deposit is made with an application for credit. Word of advise- know your own credit score before you walk into any dealership, this way you better know what Tier you fall into in regards to getting a low APR for financing or a low lease rate money factor.
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