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Prices Paid: Buying & Leasing Experiences 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
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So here is my scenario. I agreed to lease a 2009 TL AWD w/ Tech that was not yet on the lot with the idea being that the dealer had committed to their Acura Rep to take 5 TL AWD with Tech when built in late August. I got the color (int/ext) I wanted and no one in the new england (Ct, RI, MA, NH) had the color I wanted. The dealer called me today to tell me that the cars were built but that Acura had made these 2010s and therefore the $2000 dealer incentive was gone (since it was only on 2009s). They told me the residual went up (which is good for my lease price) but the money factor had gone up significantly and therefore increased my price on the car...by about 40 bucks/month I have 2 Questions: First, has anybody else gotten this story and second if the money factor on leases did indeed change this year...(2010 models)? thanks for your help!
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Replying to: bd2000 (Sep 03, 2009 12:13 pm) |
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Did acura extend or better the 09 lease support? The dealerships look empty
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Replying to: stevef4 (Sep 09, 2009 12:12 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Sep 10, 2009 1:50 am) and residual of 53 percent for 36/12k lease. The sale price for TL w/tech is 32993 quote 499 tax included(9.75 percent) with 1013 drive off |
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First time leasing a car and its been successful so far, lease is scheduled to end by January. I am already trying to figure out the route I want to take. I don't have all the numbers in front of me, but is it ever a good idea to purchase your vehicle? I have only 20k miles on my car and my allowance is 30k by end of January, so I will be well under. My car is in great shape, have had no problems. The buy out price is about 22k. Which seems decent from the standpoint of buying a 07 TL with Tech Package right now with 20k miles is over that amount. At least that is how I look at it. I don't see any car comparable for me to lease, I would like to lease a SUV, but with Acura nothing seems to be reasonable. I am only paying $349 a mo, so everything else seems very inflated. I thought about buying used, but never have gone that route and it makes me just as nervous. I have heard people buy their car at lease end b/c of excess mileage but don't really hear the other way around. Would love to get some input, thanks!
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Replying to: jenp123 (Sep 10, 2009 11:18 am) |
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Car Man -- 2 question for you: I got an email today from a dealer in SE Michigan ... he said that for a 36 month, 10,000 mile/yr lease on a base TL, the residual is 57% and the MF is .00150 ... those sound like pretty good numbers given the prior posts on here. I have not gone in or talked about the cap cost with the dealer, which will obviously play a big role in a lease payment. Q1) What would be a reasonable cap cost for a base TL? I trust that if it is somewhere right around invoice less the $2,000 incentive I should jump on it (assuming there are no other "surprises")? Q2) My current lease on a saab 93 runs until Thanksgiving, and I am willing to eat the last 2 payments -- the question is when does Acura generally stop leasing the prior year models? how big of a risk is it that if I wait they won't lease an 09 in October/November? Thx.
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Looking for Money Factors and residuals for 36, 39, and 48 months? Any help would be appreciated. Thanks in advance.
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