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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

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


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#1904 of 2098
Residual? by drdeath
May 08, 2009 (5:09 am)
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Hi CarMan,
Can you give me the residual for '09 TL Tech AWD for 36 month lease with 15k/yr? I know the money factor dropped from 0.00237 to 0.0022 in May and I am wondering if the residual dropped to offset that MF drop. I think the residual was 54% in April. Thanks!
#1905 of 2098
Re: May Programs vs. April [billyperks2] by jmcmannis
May 08, 2009 (7:45 am)
Reply

Replying to: billyperks2 (May 07, 2009 5:29 am)

Yea I agree. Unfortunately it must be a Pittsburgh thing. I emailed the 2 other local dealers for pricing and the lowest I got was $39,395. Now if they take the $2000 incentive off of that price then we're talking. In December I was working with a dealer 2 hours away and their pricing seemed pretty good. Guess I'll contact them and see how their price is now.
#1906 of 2098
Re: Acura TL Programs [number1leasing] by getinmycar
May 09, 2009 (3:35 am)
Reply

Replying to: number1leasing (May 06, 2009 9:17 am)

Can you break down that deal for us? I am intrested to see how that $440 was accomplished.
#1907 of 2098
Re: Residual? [drdeath] by Car_man HOST
May 11, 2009 (3:07 am)
Reply

Replying to: drdeath (May 08, 2009 5:09 am)

Hi drdeath. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 TL Tech AWD with 15,000 miles per year are .00220 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
When negotiating your lease on this car, make sure to take advantage of the $2,000 dealer cash that Acura is providing on '09 TL Techs right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1908 of 2098
Need some help for a newbie by mds3133
May 12, 2009 (6:21 pm)
Reply
Hello-
Im in ohio and looking to Lease a 2009 TL Tech with 10k miles per year,36 months,
500.00 out of pocket. The main question i have is how to get to a 450.00 payment including tax - or lower? Im i dreaming? I also have a very high credit score if this helps.
Has anyone gotten this type of payment out there? I would go outside of ohio if needed.
Please respond soon need to do something by end of this month,
Thanks in advance.
Mds3133
#1909 of 2098
Acura TL SW-AWD Lease by sosodef1
May 12, 2009 (11:31 pm)
Reply

Replying to: mds3133 (May 12, 2009 6:21 pm)

Just leased a '09 Acura TL SH-AWD w/Tech Package in SoCal at Santa Monica Acura. Selling price of $36485, $2500 downpayment including fees and first months payment, $1400 of that applied to cap reduction, and payments of $492 including CA tax (outrageously high by the way 9.25%). Qualified for their top tier credit. I was dealing with 4 different dealerships, all of whom were offering the regular TL with Tech Package for the same price I got the SH. All those dealerships said they were rock bottom at their prices and were around the same price, then randomly got a phone call from Santa Monica Acura from a message I left and was given the offer I signed with no haggling or negotiation. I feel its a great deal, a beautiful car that is getting looks everywhere, and a stress-free experience once at the dealership. If you live in SoCal, do NOT go to Sierra Acura in Alhambra or deal with their "top salesman" Jerry. These guys are a rip-off and unprofessional. I was dealing with them for awhile and about to close the deal until I got the better offer. I emailed Jerry letting him know I got a better deal and I was disappointed they were charging me the same price for a lesser car and that I would refer future friends and family to Santa Monica Acura. His response:"Thanks for not at least giving us a chance to match the deal. And thanks for wasting our time. You can refer all your friends to Santa Monica and we don't care. Oh, I just sold a used TSX to a mom and daughter who flew in from San Jose to buy a TSX from Santa Monica Acura dealer and guess what, they didn't reserve the car for them knowing they bought the plane ticket, and knowing when they will be flying in, , and the car was sold 15 minutes before they got in. I personally would never buy anything from a dealer like Santa Monica Acura, and by the way you should check to make sure you got a AWD. Good luck!"
 
Funny how dealers will match deals after the fact but won't budge no matter how much negotiating goes on. Even more funny that a dealership that is obviously hurting would let their top salesman talk about prospective clients like this!
 
Needless to say, I did get an AWD, a great deal, want to advise all in SoCal to stay away from Sierra Acura in Alhambra!
#1910 of 2098
Re: Acura TL SW-AWD Lease [sosodef1] by mds3133
May 13, 2009 (6:55 am)
Reply

Replying to: sosodef1 (May 12, 2009 11:31 pm)

Thanks for the details.
#1911 of 2098
Re: Acura TL SW-AWD Lease [sosodef1] by billyperks2
May 13, 2009 (7:06 am)
Reply

Replying to: sosodef1 (May 12, 2009 11:31 pm)

Wow-$36,485, that means they gave you the holdback and the cash back.
I wonder where the profit came from, anyway, that's the best deal I have seen so far on the AWD TECH.
#1912 of 2098
Re: Residual? [Car_man] by mds3133
May 13, 2009 (7:07 am)
Reply

Replying to: Car_man (May 11, 2009 3:07 am)

Carman hello by chance
Do you know this information on a Just the 09 TL TECH not AWD?
#1913 of 2098
Re: Acura TL SW-AWD Lease [sosodef1] by billyperks2
May 13, 2009 (10:12 am)
Reply

Replying to: sosodef1 (May 12, 2009 11:31 pm)

Ok- I figured it out, the invoice we see here on Edmunds is not what the dealer pays for the car, we see the factory invoice ($39,572) but the dealer is paying far less than that.Here is what I put together to figure out their profit margins-
 
Dealer Cost 38,304.00
Manufacturer Rebate (2,000.00)
2% Holdback (859.90)
Actual Dealer Cost 35,444.10
 
So they actually made approx. $1,041 on your deal.

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