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Acura TL Lease Questions

2090 messages, Last post on Nov 30, 2009 at 11:13 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: billyperks2 (Jul 10, 2009 10:01 am) The few Honda dealers in South Fl I was working for another deal are frankly a pleasure to work with. Very professional, quotes in writing, etc. No hidden errors in paperwork, or pricing or things they left out. I know that the dealers HATE forums like this where we talk pricing and terms etc. Most of the salespeople dont even know abotu the cars they are selling! Rob |
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Do they happen to have anything going on for current lessees? Are there any promotions for Indiana? I am looking at the TL Tech and without doing any haggling they offered the car at 33,966. Can I do much better on the price? I want to get the price the best possible before I say I am a current lessee and that I am not up on my lease yet, yada yada... What is the money factor and residual on this car for 36/15k per year? Any help is appreciated!
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Just got the Acura TL with tech. Got black on black. Car looks very sharp with the chrome etc. Personally I think the car has a bold distinctive look. Definitely a mans car. 36 Month Lease 12K miles. Cost 480 a month in south Fla Plus 6% tax. Initial Fees first month and tax. No other bs. Transaction was smooth. I had been pretty disappointed with many of the Acura dealers I spoke to, and one trip to a dealer. This was a small dealer. Frankly who cares the size of the dealership? The largest dealer of Acura (so they claim) in south fla is also the highest priced. A few comments. The TL has new models coming in sept. Somebody may find deals next month on leftover 09s in regular and tech. I think this car really shines with the tech package. Without TECH this car loses a great amount of its appeal. This is my opinion, but I really believe this. I know the car business is soft. The dealers still want to unload the 09s so they can build people in the 2010s at higher prices. The car is basically the same for 2010 I think a little more interior space. So if you want this car I suggest get an 09 before they sell out if you want this car. Customers coming in will be pushed to the TSX 2010 or the TL 2010. It is always bad pricewise to get the new ones just as they roll out. Even in a lousy car market they will get some advance sales and they will be careful to hold the line on price. |
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Replying to: robertw477 (Jul 11, 2009 3:49 pm) Would you mind sharing these numbers please? Negotiated Sale Price Value of the car at lease end Money Factor I would really appreciate it. This will give an idea of what should I look at. zamo
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Replying to: zamo (Jul 11, 2009 7:41 pm) I will post some of the numbers later from my contract. If I call 10 ten dealers and talk to some real characters and all tell me 518 a month or whatever plus costs and I get the same TL TECH for 476 I dont care about how they got to that number. I know some people look at these things too hard but in the end run knowing the money factors and residuals will help you with a dealer who is trying to tell you different numbers on these items. I try and work from the phone first. I am not sitting around car dealers while managers and salespeople converge. An informed shopper is not always welcomed. Rob |
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Replying to: zamo (Jul 11, 2009 7:41 pm) Sign and drive should be first payment and your states min doc/tag fees. This applies to most states. One dealer insisited to me that every deal he does is a cap cost deal. Another argued with me (NISSAN) that he gets 3K down on every deal. Totally bonkers Rob
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Replying to: robertw477 (Jul 12, 2009 10:01 am) |
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Replying to: kingpcgeek (Jul 10, 2009 4:53 am) When negotiating your lease, make sure to take advantage of the $1,000 dealer cash that is available on this car. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: kad153 (Jul 10, 2009 8:52 am) There are two reasons why the residual value on your 2006 BMW was so much better than the TL's residuals are today. First, over the past several years banks have been on average overestimating the residual values of vehicles. Now that these cars are starting to come back off-lease, these banks are getting hammered with millions and millions of dollars in losses from vehicles that aren't worth anywhere near what they had estimated they would be. As a result, most banks are being significantly more conservative when estimating vehicles' residual values today. Second, BMW Financial Services intentionally consistently overestimates vehicles residual values as a form of sales support to make its vehicles' lease payments more attractive than they normally would be and in turn help its parent company sell more of them. Honda does not provide nearly as much residual value support on its vehicles. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: claweave (Jul 11, 2009 9:03 am) Let's take a look at the selling price that you were quoted. The dealer invoice price of a 2009 Acura TL 2WD Tech is $36,366. Acura is providing $2,000 dealer cash on this car, essentially lowering that to $34,366. The selling price that you were quoted is even lower than that, so it is an excellent deal. Just make sure that the money factor that the dealer is using is in line with the one that I mentioned and you're in business. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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