Acura TL Lease Questions

3021 messages,  Last post on May 21, 2013 at 6:54 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Acura TL, Car Leasing, Sedan

#2387 of 3021 Car Man or anyone.. Help-Just got 2010 TL Tech FWD Numbers by nring

Oct 11, 2010 (12:44 pm)

I just got these numbers on 10/11 from Elite Acurain maple shade nj- i am a loyal acura lesee since 08.
 
dealer:
"I hope I can gain your business. I know your shopping price. My manager is giving you a great deal. MSRPof the FWD Tech TL is $39,695. Money factory is.00144, Residual is 53%, Invoice is $37128.70, Sale price is $33,128.70. I'd like to put this deal together ASAP. Please call me"
 
This is for 36 months- 12K miles a year- I am puting nothing down on the vehicle. and I live in PA (9%) tax on lease. I curently have a 2008 TL navi with 33K miles and is up in dec so I will be 1K miles below the 36 and it is in good condition. Can you let me know if the numbers below are good and what my lease payment would be with tax (9%)
 
Also, they did not quote any inception costs or out of pocket. Do you know or anyone know what is acceptable? Is it possible for zero down and drive and sign?
 
 If not,what out of pocket fees are legit here and not. I am NOT putting anyting down on this car lase. it seems customary, aquisition fee= $595, tax on aquisition fee at 9% for pa= 53.55, tags and title= 124.50, doc fee= 189.00, and first month pament.

#2388 of 3021 Re: Car Man or anyone.. Help-Just got 2010 TL Tech FWD Numbers [nring] by nring

Oct 11, 2010 (5:26 pm)

Replying to: nring (Oct 11, 2010 12:44 pm)
now i was just quoted from elite acura in maple shade, same delaer above, "Dear I can get you into your vehicle TL FWD Tech for 450.50 a month no money out of your pocket." the 450.50 /mo includes pa 9% sales tax. literally Zero out of pocket and they wil give me a 70.00 rebate to get the car inspected in PA. I qualify for the pull ahead program so they will forgive my november payment, the 1500 coupon program that they will use to pay all inception fees, and the 2250 rebate in conjunction all togther. so pretty much drive and sign for 450 a month, I pay 438/mo and paud 1400 for my lease of the 2008 tl navi. is this a good deal? seem like inception is that much. wonder if i can lower the monthy or get them to throw in splash guards and wheek locks. thanks for any advice. am i being too greedy. seems like a fishing freanxy and they really want to unload the 2010's so i dont how far they will go....

#2389 of 3021 Re: Car Man or anyone.. Help-Just got 2010 TL Tech FWD Numbers [nring] by jamesbond15

Oct 11, 2010 (10:36 pm)

Replying to: nring (Oct 11, 2010 5:26 pm)
The price of $33,150 is pretty good. It is possible they may be able to knock like $100 off the price. I got my TL+navi 3 months ago for $33,000.
If you punch all the numbers into this calculator, http://www.leaseguide.com/calc.htm
you get the monthly payment they are offering you. So thats good, no BS on their part.
If you add up all the initial fees ( aquisition fee= $595, tax on aquisition fee at 9% for pa= 53.55, tags and title= 124.50, doc fee= 189.00, and first month pament) then you get pretty close to $1500.
Overall, I think it is a pretty good deal. You can try to squeeze them a little more but you do have a good deal here.

#2390 of 3021 Re: Boston September Rates [jazzgear] by billyperks2

Oct 12, 2010 (12:24 pm)

Replying to: jazzgear (Oct 09, 2010 10:45 pm)
Good job- i know you will enjoy it.
What color combo did you get?

#2391 of 3021 Re: 2010 vs. 2011 TL Base [sacdriver] by Car_man HOST

Oct 14, 2010 (2:59 am)

Replying to: sacdriver (Oct 10, 2010 9:35 am)
Hi sacdriver. For October, Acura actually raised its dealer cash on the 2010 TL without Tech from $1,750 to $2,500. If I was in the market for this car, I personally would shoot for a selling price of around $2,000 under invoice or so after taking this cash into account.
 
Acura's October buy rate lease money factor and residual value for a 36 month lease of a 2010 base TL with 15,000 miles per year in California are .00107 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2392 of 3021 Re: 2010 vs. 2011 TL Base [Car_man] by aydan

Oct 15, 2010 (10:01 pm)

Replying to: Car_man (Oct 14, 2010 2:59 am)
I've never leased before so need help. Acura of Serramonte has said that their very best offer on a 2010 TL with Tech and 18' wheels is a 36 month lease with $3K down, $360/month (all taxes included), $12K miles per year. Is this a good deal? What's the very best deal that I could realistically get in the Bay Area? (I actually need $15K miles, don't know whether/how it changes things)

#2393 of 3021 Re: 2010 vs. 2011 TL Base [aydan] by apdspider

Oct 16, 2010 (8:57 am)

Replying to: aydan (Oct 15, 2010 10:01 pm)
I have a the same car, but a 10K/yr lease. I put $800 at signing (includes all tags, fees, etc.) and my payments are $449/mo (with taxes). a 12K/yr lease should cost more...maybe $10/mo.
 
In your case, $3K down should equal approx. $2.2K capital deduction (money down to lower balance). With a basic formula that $1K down lowers the payment approx. $30/mo you should be reducing your cost at least $72 from standard pricing. If you go by my monthly payment of $449, reduce $72 and you are at $377.
 
Now I didn't get the absolute best deal, but I am very happy with it. I qualified for the $1500 TL to TL lease incentive, which I understand some locations to be announcing $1750.
 
$360/mo doesn't sound bad to me, but keep shopping around to make sure. Good Luck

#2394 of 3021 Re: 2010 vs. 2011 TL Base [aydan] by sacdriver

Oct 16, 2010 (9:08 am)

Replying to: aydan (Oct 15, 2010 10:01 pm)
That sounds like a very good deal. Keep in mind that you'll need more than $3000 to walk out. They will add about a $585 acquisition fee, first month's payment, document fee, etc. I have found that extra miles are about 20 cents a mile, whether you build them into the lease payments or pay for them at the end.

#2395 of 3021 Re: 2010 vs. 2011 TL Base [aydan] by kingpcgeek

Oct 16, 2010 (9:30 am)

Replying to: aydan (Oct 15, 2010 10:01 pm)
You are starting out all wrong. You do not negotiate a lease by payment, nor do you put $3000 down on a lease. Educate yourself before you commit to a lease for 3 years. Leaseguide.com is a good place to start.

#2396 of 3021 Re: 2010 vs. 2011 TL Base [sacdriver] by kingpcgeek

Oct 16, 2010 (9:34 am)

Replying to: sacdriver (Oct 16, 2010 9:08 am)
You have no idea if the $3000 includes fees or if it is just cap cost reduction. Honda also writes 15k leases that are cheaper then 20 cents a mile. Drop 2% off of the 12k residual to get the residual for 15k.
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