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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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#2021 of 2099
Re: Dealer Cash on 09 TL [ebeavers] by Car_man HOST
Aug 17, 2009 (2:01 am)
Reply

Replying to: ebeavers (Aug 05, 2009 1:12 pm)

Hi ebeavers. I can confirm that the $2,000 dealer cash is indeed only available on the '09 TL Tech. As you mentioned the base model's dealer cash is only one grand.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2022 of 2099
Re: Residuals [claweave] by Car_man HOST
Aug 17, 2009 (2:10 am)
Reply

Replying to: claweave (Aug 06, 2009 2:30 pm)

Hi claweave. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TL Tech with 15,000 miles per year are .00230 and 53%, respectively. This car's lease program is regional. In half of the country, its money factor is enhanced to .00184. If you tell me what state you are in, I can tell you if you are in one that has the better factor.
 
When negotiating your lease on this car, make sure to take the $2,000 dealer cash that is currently available on it into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2023 of 2099
Re: residual values [acuratlfan] by Car_man HOST
Aug 17, 2009 (2:17 am)
Reply

Replying to: acuratlfan (Aug 07, 2009 9:55 am)

Hey acuratlfan. You're in luck because you live in one of the states that has Acura's better regional lease program on this model.
 
Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TL Tech 2WD with 12,000 miles per year in New York are .00184 and 56%, respectively. The numbers for an otherwise identical lease of an '09 TL AWD without Tech are .00184 and 57%.
 
I provided you with the 36 month lease program instead of the 39 month program because Acura's lease support is only available for up to 36 months. If you were to go with a 39 month lease, you would have to pay a higher interest rate.
 
When negotiating your lease on either of these cars, make sure to take the $2,000 dealer cash that is available on Tech models and $1,000 on models without Tech into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2024 of 2099
Re: Current lessees [10sfan] by Car_man HOST
Aug 17, 2009 (2:23 am)
Reply

Replying to: 10sfan (Aug 08, 2009 4:07 pm)

Hey 10sfan. You also are in a state where the more attractive lease program for this car is available. Let's work up a sample payment on the car that you're interested in and see what we come up with.
 
According to my calculations, if you were to lease a base 2009 Acura TL that has an MSRP $35,765 of and a selling price of $32,000 (which is very attractive BTW) through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $410.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2025 of 2099
Coming out of a TL lease with high mileage by corbo29
Aug 17, 2009 (8:56 am)
Reply
Just wanted to get some opinions on what to do when coming out of a lease and being way over on mileage. Heres the scoop...
 
4 year lease on an 06 TL ends in Oct. I currently have 106K milage which is more than double my allowance. I believe the residual value on the car was set at around $17k when the lease ends. The car is still in good shape and I wouldnt mind buying it but do you think there is a better option instead? (are the dealers cutting any deals on these type of cars to get newer ones sold? etc...) Any thoughts are appreciated.
 
Thanks!
Greg in Phoenix
#2026 of 2099
Central Florida 2009 TL tech lease rate by ker2
Aug 17, 2009 (3:52 pm)
Reply
In orlando, quoted $3000 down, $478/mth 10,000/yr miles for 36 months. Is the lease incentive or cash rebate available in our area to bring these numbers down?
#2027 of 2099
Does this deal seem right? by acepkt
Aug 24, 2009 (7:08 pm)
Reply
I have a quote for a 2009 TL SH-AWD w/ Tech
MSRP $42,235
+ 19" Diamond cut wheels - $2360 + Tires - $1243 + install labor = $3800
+Front, side, rear underbody spoiler - $360, $460,$360 + install labor = $1600
+destination - $810
_________________________
Total MSRP = $48,445
 
I want to sign tomorrow for the following deal.
 
Selling price = $43,000 including all options
24 month 15,000 mile lease = $980 per month
36 month 15,000 mile lease = $789 per month
both would be 1st payment and doc and reg fees only
#2028 of 2099
Re: Residuals [Car_man] by manixxx
Aug 28, 2009 (5:30 am)
Reply

Replying to: Car_man (Aug 17, 2009 2:10 am)

Car_man:
 
Hi, A local dealer, DCH Acura in Temecula, California, offered following lease "deal" on '09 TL Tech: Cash price $35k, with a $2,199 "Cap Reduction" for adjusted cap cost of $32.8k. $4,000 down, 36 mo lease at $399 plus tax = $435/month. Only 10k miles. Residual cost is $22,100, with a factor of 56%, with the money rate at 0.00184.
 
Sounds like a hose job to me. What do YOU think???
 
Thanks!!!
 
Manixxx
#2029 of 2099
Re: Residuals [manixxx] by kingpcgeek
Aug 28, 2009 (9:23 am)
Reply

Replying to: manixxx (Aug 28, 2009 5:30 am)

Do not do a cap cost reduction. Perfect explanation from leasecompare.com:
 
Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.
 
For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost.
 
The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider:
 
- Money down is taxable
- Take the money you would have put down and invest it
- Put your down payment in a savings account and use a portion each month to help make your lease payment
#2030 of 2099
Our 09 TL w/Tech Pkg Deal! by benzserviceguy
Aug 29, 2009 (4:13 pm)
Reply
Just picked up our 09 TL w/Tech pkg.
  
Basque Red Pearl (almost Wine colored)
Taupe Interior
  
MSRP: $39,495 (has Pro Pack added which we really didn't care for & they threw it in = Mud guards, wheel locks & trunk liner - BIG Whoop)
  
Cap Cost = $34,237.00 (Included the 2K in trunk/incentive money)
  
Cap cost Reduction: $1,783.50
  
Adjusted Cap cost $33,048.50
  
Acquision fee: $595.00 (inc in adj cap cost)
Dealer doc fee: $45
Cali tire fee $8.75
T,T & L: $706.85
1st Month's payment = $455.90
($415.40 + $40.50 in California 9.75% tax for LA county)
  
TOTAL out of pocket (Driveoff) = $3,000 (see above for breakdown)
  
MF = .00184 (Tier 1 and/or Super preferred tier thru Honda Finance)
55% residual ($21,722.25)
12K yr/36 month term
  
Got it from the internet dept of KEYS ACURA in VAN NUYS, CA
  
One of the easiest & most pleasurable (if you can even use that in the same sentence) car buying experiences.
  
Good luck to all others as inventory is dwindling quickly!!

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