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Acura TL Lease Questions

2098 messages,  Last post on Dec 02, 2009 at 6:05 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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#21 of 2098
Re: Leasing my first car, any suggestions would be greatly appreciated by Car_man HOST
Sep 19, 2005 (2:18 am)
Reply
Welcome stgel01. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Once you have checked these articles out, stop back and ask any specific questions that you have on leasing this car.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#22 of 2098
Re: Re: Re: Acura TL: Lease Questions by Car_man HOST
Sep 19, 2005 (2:19 am)
Reply
You're welcome ozzynyc. kyfdx took the words right out of my mouth on the torque steer issue . Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#23 of 2098
Re: Re: Re: Acura TL: Lease Questions by Car_man HOST
Sep 19, 2005 (2:22 am)
Reply
Ozzynyc, Honda finance's current base acquisition fee for leases of Acura models is currently $595, which is right in line with what you were quoted. Having to pay this plus your car's first month's payment at lease signing is typical of a new lease. I am not sure how much your state charges for transfer fees or new plates though.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#24 of 2098
Re: 2006 residuals by Car_man HOST
Sep 19, 2005 (2:28 am)
Reply
Hello Troy. Acura has not published its lease program for the 2006 TL yet. It will not do so until they begin arriving at dealers. I've heard rumors that the '06 TL will not begin to hit lots until mid-October. It is difficult to say how much you will have to pay to get your new TL, but I suspect that you will not be able to get an '06 model at dealer invoice when it first arrives. Keep an eye on the following discussion to see how much other community members are paying for similar cars: "Acura TL: Prices Paid & Buying Experience".
 
Car_man
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Smart Shopper / Prices Paid Forums
#25 of 2098
Re: Re: Re: Acura TL: Lease Questions by Car_man HOST
Sep 19, 2005 (2:29 am)
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Hey mmcporter. I just replied to the identical post that you made over in the Acura RL Lease Questions discussion. Please check there for my response. Thanks.
 
Car_man
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Smart Shopper / Prices Paid Forums
#26 of 2098
Re: Re: Re: Acura TL: Lease Questions [Car_man] by mmcporter
Sep 19, 2005 (3:39 am)
Reply

Replying to: Car_man (Sep 19, 2005 2:29 am)

Car_man,
 
Thanks for the reply. Car_man,
  
For the TL, the MSRP is $35,100 plus destination of $570. I havent negotiated the pricing yet, but the invoice is $31,985 with the $570 destination. So I would say that I should be able to get the car for $33K without breaking too much of a sweat. Again, looking for 0 down except the first payment plus fees, 15K miles per year on a 36 month lease. Hope this helps. I will post the similar information in the RL forum on the RL.
#27 of 2098
Re: Re: Re: Acura TL: Lease Questions [mmcporter] by ozzynyc
Sep 19, 2005 (5:45 am)
Reply

Replying to: mmcporter (Sep 19, 2005 3:39 am)

You are off by 2K, the MSRP for the car is 33,100 + dest. (unless you mean you want nav $2k). You need to find out from the dealer what's the selling price is, EVEN if you're planning on leasing it. If they tell you they don't give out selling prices, tell 'em to go do something biologically impossible and move on to another dealer. Once you get the selling price, all you need is 2 more numbers:
1. The money factor (banks rate that translates to interest rate) which is a set number that you can post here and we'll find out if they made it higher than it is.
2. The residual value or %.
Then caclucalting your lease payments is very easy. Good Luck!
#28 of 2098
Re: Re: Re: Acura TL: Lease Questions [ozzynyc] by mmcporter
Sep 19, 2005 (7:08 am)
Reply

Replying to: ozzynyc (Sep 19, 2005 5:45 am)

see my earlier post above--car I am interested in is the TL 6 speed with NAV--$35K+.
#29 of 2098
Re: Re: Re: Acura TL: Lease Questions [mmcporter] by ozzynyc
Sep 19, 2005 (8:46 am)
Reply

Replying to: mmcporter (Sep 19, 2005 7:08 am)

What i said before still holds true. You need these 3 numbers, else there is nothing to calculate:
1. Selling price of the vehicle
2. Money factor that THEY quoted you (to see if it's real or not)
3. The residual value of the car whether it's $ amount or %
#30 of 2098
Re: Re: Re: Acura TL: Lease Questions [Car_man] by ozzynyc
Sep 19, 2005 (6:22 pm)
Reply

Replying to: Car_man (Sep 19, 2005 2:22 am)

Ok, pulled the trigger and signed a 42 months lease. $1070 out of pocket that includes $595 bank fee, first month payment of $436 payment (that includes 8.375% NY tax) and new plates ($170 in NY using a dealer). They gave me a break since i have 3 more payments and lower the payment to $1070....Overall, i think it's a great deal....Got antracite color with light silver leather...

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