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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
2084 messages, Last post on Nov 29, 2009 at 8:52 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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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???
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Replying to: corndawg (Jan 28, 2009 3:23 pm) 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?
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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.
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Replying to: acuratlfan (Jul 16, 2009 12:37 pm)
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Replying to: billyperks2 (Jul 16, 2009 6:32 pm) 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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Replying to: billyperks2 (Jul 16, 2009 6:32 pm) this is my situation,i am interested in a TECH AWD and want a 39 month lease with 10,000 miles,I am willing to pull the triger if any dealer is willing to price the car at 37,500 and accept a trade of my nissan altima which i owe $8,000.Im aware that the most if im lucky that i will get for it at a trade in is $5,000.im willing to put $4,000 down take the hit on the upsidedown and would like to keep my payments at $550 a month. Does anyone in this forum think that is possible with the money factor and residual values that are available in the New York metro area. Any imfo or advice would be great. |
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what is the MF in California? do we get the lower rate? what is best deal anyone here has rec'd on TL w/tech or TL tech/AWD? can you do 42 month lease?
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Replying to: raven12 (Jul 15, 2009 1:42 pm) I have two Acuras now that are due to be replaced, however, I will wait and see how this plays out as the economy is still tanking. |
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