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Acura TL Lease Questions

2081 messages,  Last post on Nov 28, 2009 at 1:48 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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#1969 of 2081
Re: Got MY TL some comments and tips [zamo] by robertw477
Jul 12, 2009 (10:01 am)
Reply

Replying to: zamo (Jul 11, 2009 7:41 pm)

What did you offer? I dont know of any regional factors however, I think a price around my 470-480 plus tax is a sharp price. Many dealers with front load fees.
 
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
#1970 of 2081
Re: Got MY TL some comments and tips [robertw477] by kingpcgeek
Jul 12, 2009 (2:22 pm)
Reply

Replying to: robertw477 (Jul 12, 2009 10:01 am)

Sign and drive is first months payment only, not first months and doc/tag fees.
#1971 of 2081
Re: Current MF and Residuals [kingpcgeek] by Car_man HOST
Jul 13, 2009 (1:41 am)
Reply

Replying to: kingpcgeek (Jul 10, 2009 4:53 am)

Here's the info that you're looking for, kingpcgeek. Honda Finance's current buy rate lease money factor and residual value for a non-Tech 2009 Acura TL 2WD with 12,000 miles per year in Arizona are .00230 and 58%, respectively.
 
When negotiating your lease, make sure to take advantage of the $1,000 dealer cash that is available on this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1972 of 2081
Re: Current MF and Residuals [kad153] by Car_man HOST
Jul 13, 2009 (1:47 am)
Reply

Replying to: kad153 (Jul 10, 2009 8:52 am)

No problem kad153. New Jersey is one of the states that the more attractive .00184 money factor is available in.
 
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
#1973 of 2081
Re: Current lessees [claweave] by Car_man HOST
Jul 13, 2009 (2:02 am)
Reply

Replying to: claweave (Jul 11, 2009 9:03 am)

Hi claweave. I don't believe that Acura is currently providing any owner loyalty incentives on the TL. Acura is however providing a special lease money factor of .00184 on the '09 TL in certain states, Indiana being one of them. Honda Finance's current 36 month, 15,000 mile per year residual value for an '09 TL 2WD non-Tech is 55%.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#1974 of 2081
Lease Deal Base 2009 TL by raven12
Jul 15, 2009 (1:42 pm)
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I don't have all of the details but I gave a deposit on a base TL (36 mos, 10K/yr). I'll post the lease details later but, the OTD price I agreed to was $16,238 that's $359/mo. after $3673 deposit which includes first month payment.
 
How'd I do???
#1975 of 2081
Re: Special Lease.. your thoughts [corndawg] by 23109vc
Jul 16, 2009 (6:57 am)
Reply

Replying to: corndawg (Jan 28, 2009 3:23 pm)

has anyone here looked into a 42 month lease instead of the standard 36?
 
does Acura do one if you want? you could likely get the price down slightly by going out an extra 6 months... y ou stil stay w/in the factory warranty, and could probably drop the price slightly..
 
anyone look into this? better or worse deal to do it that way?
#1976 of 2081
Money factor and residual value by acuratlfan
Jul 16, 2009 (12:37 pm)
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Hey carman
 
Can you please give me the money factor and the residual value for 09 tl awd.
also for 09 tl tech awd,for the month of july.
#1977 of 2081
Re: Money factor and residual value [acuratlfan] by billyperks2
Jul 16, 2009 (6:32 pm)
Reply

Replying to: acuratlfan (Jul 16, 2009 12:37 pm)

for the awd tech in the CT area its 53% residual and .00184 for a money factor if you are doing a 36 month 12K mile lease.
#1978 of 2081
Re: Money factor and residual value [billyperks2] by acuratlfan
Jul 16, 2009 (7:17 pm)
Reply

Replying to: billyperks2 (Jul 16, 2009 6:32 pm)

Thanks billyperks2
 
I emailed a few dealers and asked about 10,000 and 39 months and a few said that at this point in time with the 2010 models arriving there is no 39 month lease available.Im really interested in a AWD tech in pearl white.I test drove the AWD and it handles and accelerates with ease.Im thinking about pulling the trigger if any dealer is willing to price the car at 37,500 and 39 months and 10,000 miles on the lease.There is only one issue,i am making payments on a 03 altima with 53,000 miles and i owe $8,000 on the car,its in great condition and runs great but i know that the dealer are going to murder me on the trade.i think the most i can get is maybe at best $5,000 for it.I am willing to put $4,000 down and and taking the hit of $3,000 on the upside down and keeping my payment at $550 a month.
Does anyone on this forum think this is possible with the money factor and residual
numbers that may be available in the New York City metro area?
All feedback would we helpfull.

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