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Acura TL Lease Questions

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

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

Messages Page 277 of 302

#2761 of 3021 TL Tech lease by ed41

Mar 11, 2012 (10:41 am)

Unable to understand how a $369 sign & drive rate (36 mo.)on a base model turns into a $482 rate by adding a tech package. Negotiated sales price on Tech was 35,887. 10K per year, Nothing down.
Thanks

#2762 of 3021 Re: Car Man--2009 Acura TL (Base Model) Lease Rates for March 2009 [Acuratexan] by dolsey01

Mar 12, 2012 (8:39 am)

Replying to: Acuratexan (Mar 04, 2009 7:45 am)
I'm seeing $1750 on standard and $2000 on Tech models.

#2763 of 3021 Re: Was this a Good Deal? [jesterny] by acuratlfan

Mar 12, 2012 (10:00 am)

Replying to: jesterny (Mar 06, 2012 12:36 pm)
hello jester
 
I think you should put the least amount down towards leasing any vehicle. I9f you put less down your payment will higher but at the end if the car gets stolen you would not loose all the money you put down.

#2764 of 3021 Picking up are TL on Friday by elrikk

Mar 14, 2012 (12:36 am)

Did I do ok?
 
NJ lease, 2012 TL (base) 10,000 miles per year. 400 per month for 36 including NJ sales tax.
 
NO MONEY OUT OF POCKET. All mv and fees rolled in.
 
Any advise would help.

#2765 of 3021 Re: Picking up are TL on Friday [elrikk] by vulches

Mar 14, 2012 (8:28 am)

Replying to: elrikk (Mar 14, 2012 12:36 am)
What was the sales price (including destination) and money factor? The residual is set by AFS, but the dealer can modify the money factor and the sales price determines the amount of depreciation you're essentially financing from Acura.

#2766 of 3021 Re: Picking up are TL on Friday [vulches] by elrikk

Mar 14, 2012 (10:34 am)

Replying to: vulches (Mar 14, 2012 8:28 am)
Hard to figure that out b/c we are rolling so much into the lease.

#2767 of 3021 Re: Was this a Good Deal? [acuratlfan] by robertw477

Mar 17, 2012 (2:52 pm)

Replying to: acuratlfan (Mar 12, 2012 10:00 am)
I have leased cars since the 1990s. From Honda/Acura mostly. Honda/Acura the best leasing company. I have NEVER paid a thin dime on downpayments/cap cost reductions. NEVER. Sign and drive only. As far as I am concerned money down is a scam.
 
 For example lest say the car is $300 a month 36 Months with ($3600 down) (The down money represents no tag fees or taxes in this round example. That to me a $400 car payment. If I tell the dealer sign and drive ONLY and they quote me $400 a month, that is the goal on a lease. Not to put down money. In some stupid cases I have seen large down payments and the dealer will say the lease is only $250 a month. They assume people are stupid. That is why most leases are (as clark howard calls them) fleeces.
 
When I ask a dealer who talks downpayment money for a lease they usually say the customer wants a lower monthly payment. What a joke. If I buy a million dollar house with 500K down its still a million dollar house.
 
Rob

#2768 of 3021 Re: NJ: Acura TL - AWD (no tech or adv) [car999] by Car_man HOST

Mar 19, 2012 (5:21 pm)

Replying to: car999 (Mar 11, 2012 10:23 am)
Yes, car999. The two most important numbers to focus on when leasing (other than the payment of course) are your vehicle's selling price and its money factor. Those are the two main profit centers for dealers on leased vehicles.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2769 of 3021 Re: TL Tech lease [ed41] by Car_man HOST

Mar 19, 2012 (5:24 pm)

Replying to: ed41 (Mar 11, 2012 10:41 am)
There's two reasons, ed41. One, the selling price of a vehicle that is equipped with the Tech package is naturally higher than it is for the base model. And two, adding the Tech package also drops the TL's residual value by 3%. So it's a double whammy.
 
Still that sounds like a big increase in payment. Make sure that the dealer is selling you the TL Tech for a reasonable price, keeping in mind that there's $2,000 dealer cash on it right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2770 of 3021 Re: Help Please: TL SH_AWD w/ TECH [jesterny] by acoustic58

Mar 23, 2012 (7:43 am)

Replying to: jesterny (Feb 24, 2012 1:38 pm)
I am new to this leasing thing as well. I have always believed that it is better to actually own something after paying for it over three years and then drive it for free. Having said that, I am considering leasing to keep the payments lower, at least up front. Something else that needs to be considered is that in 3 years, who knows what the interest rates will be on car loans and if the goal is to buy this lease when the contract ends, the interest rates could be much higher plus generally the better rates are only for new cars.
 
The car I am considering leasing a 2012 TL with the advanced package. From what I understand when dealing with Acura, it is, this is the lease deal, take it or leave it but I could be wrong. If I did this, it would be with the option to purchase. The option price seems fair for a car that would have less than 30,000 miles on it.
 
For the above car it would be 446 a month with 3,000 up front but that includes the fist payment reg fee, doc fee and bank fee to Honda. All of that does not come up to 3,000 so the rest is money I am just handing to them which is hard to accept.
 
I am also finding out that there are a number of car companies out there that offer free. maint. for leases or at least oil changes. For example, Toyota which is Honda's biggest competitor offers 2 years free of all maint, not just oil changes. BMW and Volvo offer free maint. as well. That could save thousands in long run. Acura seems to offer nothing.
 
So, I am still confused on which way to go.

Messages Page 277 of 302

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