Last post on Dec 03, 2013 at 6:12 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Acura TL, Car Leasing, Sedan
#2376 of 3085 2010 Acura TL Lease No Money Down!
Oct 02, 2010 (9:21 pm)
There are deals to be had out there! I just leased a 2010 Acura TL base model for $410 per month (Tax Included in the payment) without a dime out of pocket. The lease is a 36 month lease, with 10k per year. The residual is 57%, money factor was .00134, the selling price of the car was 31,600. All fees including the acquisition fee, title, doc fee, motor vehicle etc. were included, it was a sign and drive deal. I am hoping that this info can help the rest of you out there who are currently shopping for a new TL.
#2377 of 3085 Re: Boston September Rates [apdspider]
Oct 03, 2010 (7:14 pm)
I don't think it's too much...this is one is loaded with all the options less the HPT (which I don't think is worth an extra K)
No one is selling this car for less than $37,500. The math is the math...you either pay up front with a good down payment for a lower per month payment, or I can take the car with no money down for $599 per month...
Residual is going to be alot less than for a 10K per year lease, as mine is for 15K miles per year.
#2378 of 3085 Re: Boston September Rates [apdspider]
Oct 03, 2010 (7:24 pm)
I haven't signed the deal....only did the application and deposit....
So has anyone done better with the same equipment/options ( 2010 TL, SH AWD TECH, 15K Miles Per year)?
#2379 of 3085 Re: Boston September Rates [jazzgear]
Oct 04, 2010 (9:05 am)
God forbid you meet in any accidents-that 6k is history and you have no car to show for it.
#2380 of 3085 Re: Boston September Rates [jazzgear]
Oct 04, 2010 (11:51 am)
The deal I got was such:
2010 TL TECH with 18" Wheels. Sticker $40650. Use this price as a comparable.
$800 at signing (including all taxes, Title, Tags and first payment)
10K miles/Yr, 36 months. payment $449/mo FL taxes included (6.5%)
I hope you do betterfor your car. Gap insurance is included in that price... but I still think you could lose your 6K if you need a replacement...
And correct me if I'm wrong...
You buy a $44K car without GAP insurance. You also pay for Comprehensive insurance.
You put down $6K and finance the rest ($38K).
One year later, your car is stolen and never recovered. Your insurance company says the the car is worth $36K and give you a check for 36K. Your account balance is $37K. You still owe $1K to Acura. However, Acura's Gap insurance would have covered you for the extra $1K. Now luckily, Acura has GAP insurance included, thus you owe nothing to Acura.
But now you want the same car from Acura, it's $44K new. You have $0 If you want the same car, you'll have to give $6K again. That my understanding of down payments with Leases. I could be wrong. Opinions?
#2381 of 3085 Re: Boston September Rates [apdspider]
Oct 04, 2010 (6:52 pm)
You all brought up excellent points I didn't even consider. My main goal was to keep payments low ...and most likely keep the vehicle after the lease. I am no longer in the phase of having a new car every 2 to 3 years...
I will check with my insurance company tomorrow to discuss this too.
So I guess first thing I need to know....put aside the down payment amount, is my negotiated price too high still? If not, then I could go with a lower per year mileage (10 to 12K) to end up with a higher residual (aka lower payment). I can then stash the down payment in a safe security to use either towards the payoff -- if I choose to keep the car or pay for the over mileage.
What is considered the norm...or better yet the smarter investment, 10K per (for the highest residual), or play it safe with the 12K per?
Thanks, this is a very helpful and informative forum
#2382 of 3085 Re: Boston September Rates [jazzgear]
Oct 04, 2010 (6:56 pm)
I just got the answer to my question regarding if the price I got is the best I can do -- apparently I can do better, much better. I was just sent a quote from another dealer outside my state, DCH Heart Acura in Wappingers Falls, New York. I emailed them the offer I had, and they emailed me with a price of $36500...and stated that since I would be traveling a long distance that they could do better on the price. Could they go an additional K to say....$35500? The plot thickens....
#2383 of 3085 2011 acura TL Tech Front wheel dr
Oct 04, 2010 (9:51 pm)
does anyone have the #'s on a 2011 tl tech fwd? i am looking to lease in pa (9%) sales tex. 12K miles, 3 years, tier 1 credit, and loyal tl customer as my 08 tl tech lease is up in dec. wondering what the msrp is, a good sale price, MF and Residual and overall monthly lease number and how much down. any help is appreciated. is there any major differences between the 2010 and the 2011 tl tech fwd? thanks. i live outside of philadelphia, but NJ is easy for dealers
#2384 of 3085 Re: Boston September Rates [jazzgear]
Oct 05, 2010 (4:24 pm)
#2385 of 3085 Re: Boston September Rates [jazzgear]
Oct 09, 2010 (9:45 pm)
So I got my TL SH AWD TECH for 35,500 at DCH Heart Acura in NY, took the .9 for 60 instead of the lease....the cost of money is better in the finance vs. lease.