- #1994 of 2098
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Re: Chicagoland TL with Tech Lease [jahlberg]
by Car_man HOST
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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
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- #1995 of 2098
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Re: 2009 TL SH-AWD w/ TECH 24 month 12,000mi [acepkt]
by Car_man HOST
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Aug 03, 2009 (2:19 am)
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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
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- #1996 of 2098
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Re: Is this a good deal? [latvaj1]
by Car_man HOST
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Aug 03, 2009 (2:25 am)
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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
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- #1997 of 2098
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Re: Current lessees [claweave]
by Car_man HOST
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Aug 03, 2009 (2:30 am)
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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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- #1998 of 2098
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Re: Current lessees [Car_man]
by claweave
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Aug 04, 2009 (12:26 pm)
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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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- #1999 of 2098
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Re: Current lessees [claweave]
by billyperks2
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Aug 04, 2009 (1:26 pm)
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Replying to: claweave (Aug 04, 2009 12:26 pm)
I would advise you to run from that dealer.
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- #2000 of 2098
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Re: Current lessees [billyperks2]
by claweave
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Aug 04, 2009 (6:46 pm)
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Replying to: billyperks2 (Aug 04, 2009 1:26 pm)
I would unfortunately we don't have many Acura dealerships in central Indiana....
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- #2001 of 2098
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Re: Current lessees [claweave]
by billyperks2
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Aug 05, 2009 (5:49 am)
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Replying to: claweave (Aug 04, 2009 6:46 pm)
Point is, the money factor and residual are the two key factors in calculating a lease payment.How else would you know if you are getting a fair deal?
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- #2002 of 2098
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Re: Current lessees [claweave]
by kingpcgeek
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Aug 05, 2009 (9:43 am)
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Replying to: claweave (Aug 04, 2009 12:26 pm)
MF & Residuals are no more privileged then the interest rate for a purchase. Hell MF is the interest rate. This dealer wants people that don't know what they are doing when leasing.
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- #2003 of 2098
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Dealer Cash on 09 TL
by ebeavers
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Aug 05, 2009 (1:12 pm)
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Please can someone confirm if the $2,000 dealer cash is available only on the 09 TL Tech? My local dealer is telling me that the amount is reduced to $1,000 for a Base (non-tech) TL.
That being said, is $32,600 a fair sales price for a base TL?
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