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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
1532 messages, Last post on Sep 04, 2008 at 10:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I recently started negotiations through email with a local Acura dealership here in Tempe, AZ. The car I'm looking for: 2006 Acura TL with Navigation Color: Desert Mist Interior: Parchment Acura Music Link for iPod Lease Term: 36 months Mileage: 12,000 per year $0 down payment Here's the info I 've been sent so far from the sales agent: "The selling price of your prospective vehicle, is $33,972.00 + $486.90 for your iPod installed. In leasing the price is not taxed, its the payment that is taxed. Normally, the customer will pay a front fee, which includes for example, your first payment and licencing. This fee, I rolled into the payment, $569. + tax x 36 mo. at 12k miles per year." Any of this sound good/bad/fishy? The tax only on the payment sounds weird to me. Any help would be greatly appreciated. Thanks
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Replying to: uncleargyle (Feb 21, 2006 7:18 am) I think the selling price is high and for that payment you could probably come close to buying the car with $0 down on a 60 month loan at 5% or so. You need to find out all terms of the deal, i.e. MSRP, selling price, money factor, residual, fees, etc... There may be hidden profit in this deal. If you are in a market like mine, with 1 Acura dealer, if you want to stay local, your negotiation power is limited, I would get email or fax quotes from CA and use these to bargain, you should expect to pay a competitive CA cost for the lease + possibly (but not definitely, bargain hard) a local 'convenience' cost to not have to go out of state, possibly $500-$1000? Good luck.
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Replying to: mvc_jones (Feb 21, 2006 2:15 pm) I learned the hard way back in 1999 when I had just graduated from college.I went into the Mazda dealership and announced that I wanted to lease a Millenia, they took me to the bank on that-Literally. |
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I'd like to do a lease on a TL with navi, but Texas is one of two friggin' states that require the Sales Tax (6.25%) to be paid up front on the entire actual selling price of the car. What's the best way to handle this in a lease situation? Going ahead and paying it along with your Tag & Title will keep the payment down, but that's a chunk of change on $32-34K ($2000-$2200 in Sales Tax alone). If you have leased in Texas, please tell what you have done (or plan to do in the future). Thanks!!! |
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Replying to: ejoyce423 (Feb 17, 2006 4:42 am) |
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Hi everyone. Acura is scheduled to publish its new March lease program today. I should have an opportunity to take a look at it by the end of the week. I would appreciate it if those of you who still have questions about leasing one post a note for me in a couple of days. Thanks. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Mar 01, 2006 4:00 am) When you find out what Honda Financial will be using for Acura TL leases will you please post the residuals (navi & non-navi) and what money factor they'll be using in March (assume very good to outstanding credit applies). I know they're different for time & miles so please tell me 36 months with both 12K/yr & 15K/yr miles. And also for a 48 month lease at 12K/yr & 15K/yr. If you want to throw in figures on 39 month & 42 month leases for fun that would be cool too! BTW, do you know anything about "Tax Credit" programs. Here in Texas, I had a dealership tell me that there are Tax Credits available where instead of being hit for the full 6.25% state sales tax (all up front here in Texas), with the Tax Credits a buyer would only have to pay for 1.2% tax. Thanks a lot!!!
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Car Man, I'm looking for the March money factors for an 06 TL w/nav Lease 36, 39, and 42 months 15,000 miles THANKS... Bieg |
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Replying to: zombieman (Mar 01, 2006 6:21 pm) The 39 month 15K numbers are currently .00260 / 54% without navigation and .00260 / 52% with it. The 48 month 15K numbers are currently .00235 / 47% without navigation and .00235 / 46% with it. Again, the 12K residuals would be 2% higher. Unfortunately, I don't know much about how sales tax is calculated on leased vehicles in Texas, other than the fact that it is expensive. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: bieg (Mar 03, 2006 4:53 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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