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Acura TL Lease Questions

2099 messages,  Last post on Dec 07, 2009 at 3:30 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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#1989 of 2099
2009 TL by gforce11
Jul 24, 2009 (9:50 pm)
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Right is a pretty awesome time to get into a TL. My local dealer (Southern California) is giving pretty massive discounts on the TL with Tech ($6800 off msrp) and Base TL ($5000 off msrp). If I were you guys, I'd be jumping on the TLs this month because they are allowing the $2000 dealer cash to be combined with special financing and leases.
 
G
#1990 of 2099
Is this a good deal? by latvaj1
Jul 27, 2009 (2:28 pm)
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09 Base TL with Tech Pkg. Purchase Price $34,206 includes Dest Chrg. Being quoted the following:
MF of .00184
Residual 53% for 15K miles per year
Tax in Ohio is 6.75%
$615.91 due at signing
payments per month are $531
 
When I run calculations I come up with approx $520 per month. Can someone tell me if this is a good deal and does the math workout the way the dealer has ran it? thanks
#1991 of 2099
Re: Current lessees [Car_man] by claweave
Aug 02, 2009 (7:52 am)
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Replying to: Car_man (Jul 13, 2009 2:02 am)

Is there any better specials now in August? I need something just a little better since I am currently in an Acura lease. Just recently finished my MBA so I wasn't sure if they also had any kind of grad program. The one I read sounded like it was for people with horrible credit...
#1992 of 2099
Re: Special Lease.. your thoughts [23109vc] by Car_man HOST
Aug 03, 2009 (1:59 am)
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Replying to: 23109vc (Jul 16, 2009 6:57 am)

Hi 23109vc. You can lease an Acura TL through Honda Finance for 42 months if you really want to, but doing so does not make a lot of sense. Acura's special lease money factors for this model are only available for up to 36 month terms. As a result, if you lease one for 42 months, you will have to pay a higher money factor and would essentially be getting a worse deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1993 of 2099
Re: CA rate [23109vc] by Car_man HOST
Aug 03, 2009 (2:09 am)
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Replying to: 23109vc (Jul 16, 2009 10:33 pm)

Yes, 23109vc, California is one of the states that the more attractive .00184 money factor is available in. See my previous post for my thoughts on leasing for 42 months.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1994 of 2099
Re: Chicagoland TL with Tech Lease [jahlberg] by Car_man HOST
Aug 03, 2009 (2:13 am)
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Replying to: jahlberg (Jul 21, 2009 6:25 pm)

Hi jahlberg. The dealer invoice price for a 2009 Acura TL with just the Tech package is $36,366. If one subtracts the available $2,000 dealer cash from that, it drops to $34,366. The selling price that you were quoted is even lower than that. Plus, the money factor that the dealer provided you with is right in line with Honda Finance's buy rate for this model. This is an excellent deal. If you like the car, I personally don't see any reason not to go for it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1995 of 2099
Re: 2009 TL SH-AWD w/ TECH 24 month 12,000mi [acepkt] by Car_man HOST
Aug 03, 2009 (2:19 am)
Reply

Replying to: acepkt (Jul 24, 2009 12:50 pm)

Here you go, acepkt. According to the latest information that I have seen, Honda Finance's current buy rate lease money factor for a 24 month lease of a 2009 Acura TL AWD w/Tech and 12,000 miles per year are .00184 in the states that have Acura's enhanced program and .00230 in all other states. The corresponding 12,000 mile per year residual value for this car is 59%.
 
Yes, to the best of my knowledge the $2,000 dealer cash that Acura has been providing on TL Tech models is still available.
 
The last time that I checked, this models incentives were scheduled to run through September 8th. It's difficult to say what the lease program will be like on the 2010 TL will be like when it hits dealers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1996 of 2099
Re: Is this a good deal? [latvaj1] by Car_man HOST
Aug 03, 2009 (2:25 am)
Reply

Replying to: latvaj1 (Jul 27, 2009 2:28 pm)

Ggreetings latvaj1. The dealer invoice price for a 2009 Acura TL with just the Tech package is $36,366. If one subtracts the available $2,000 dealer cash from that, it drops to $34,366. The selling price that you were quoted is even lower than that. Plus, the money factor that the dealer provided you with is right in line with Honda Finance's buy rate for this model. This is an excellent deal. If you like the car, I personally don't see any reason not to go for it.
 
As far as this car's payment goes, I just worked up a zero down, pre-tax payment on the model that you are interested in using the price that you mentioned in your post and I came up with $471.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1997 of 2099
Re: Current lessees [claweave] by Car_man HOST
Aug 03, 2009 (2:30 am)
Reply

Replying to: claweave (Aug 02, 2009 7:52 am)

Hi claweave. Acura's July lease program was scheduled to run through September 8th. It is possible that it made an unscheduled revision to its program for August though. I'll make some calls today and see what I can find out if anything has changed. Please feel free to post a reminder for me and I'll fill you in on what I have been able to find out.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1998 of 2099
Re: Current lessees [Car_man] by claweave
Aug 04, 2009 (12:26 pm)
Reply

Replying to: Car_man (Aug 03, 2009 2:30 am)

Did they make any changes? Do you happen to know what the 36 month/15k per year residual % is? Is the money factor the same for 24 months? What's the Residual for 24 month/15k per year? Sorry for all the questions. My local dealer here will not tell me. That's "privileged Acura information".

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