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
#2846 of 3085 Re: Sept 2012 Rates & Residuals [cosmonaut173]
Sep 18, 2012 (3:00 pm)
I wouldn't trade in. I was quoted $2400 for my vehicle at one of a used car shop, but when I put it up on Craigslist, I sold it for $5000 on the same day. (some preparation was needed, like a good car wash, good pictures. Go google how to sell used cars)
The day after I sold, I had a request to buy them at 5500-6000. If I waited a little longer, I think I could've gotten more than 6k, but that would be a lot of meeting strangers, driving my car, and I didn't want to deal with that.
But try the Craigslist. Just put it up a couple hundred ~ thousand less than kbb private party value, and indicate the real kbb value as well for reference. It's still more than the kbb used car value, AND much more than what those used/new car dealers would pay for as a trade in. (kbb for trade in was 4-4.5k, and private party between 5-6.5k)
Ps. I put up a few pictures on Craigslist, but also uploaded and linked full resolution pictures on tinypic/mediafire. This would get you off from some less-interested buy as well as intrigue more interest for those who really need them
#2847 of 3085 Am I missing something?
Sep 21, 2012 (9:56 am)
There must be an overstock of TL's in my area (Chicago suburbs). I am getting numbers for a 2012 TL SH-AWD Tech from $32700-$35000 (MSRP $44,000), all with no real negotiating.
I did confirm with one dealer that the money factor is .00052 and the residual is 55% for 12k mileage allowance.
What I am not getting is that when I ask for monthly lease numbers, I am getting around $490 (with 7.5% taxes and all fees rolled in, with Zero down). Is there something I am doing wrong? When I plug the numbers into my handy dandy lease calculator, I get much lower numbers..
#2848 of 3085 Re: Am I missing something? [lmgchi]
by kyfdx@Edmunds HOST
Sep 22, 2012 (4:03 am)
Illinois taxes the entire selling price on a lease.... It adds quite a bit to the monthly amount...
Maybe, that's it?
#2849 of 3085 Re: Am I missing something? [kyfdx]
Sep 22, 2012 (7:32 am)
I did factor that in, thank you though. Illinois does suck when it comes to that. Then they get you again for taxes on the residual amount if you choose to buy it.
#2850 of 3085 Re: Question around Edmunds Dealer Incentives on Acura TL [onyx_nola]
Sep 23, 2012 (6:21 am)
Hi onyx_nola. The deler knows better than that. The $1,499 "due at lease signing" that is mentioned in the ad definitely includes the $1,180 capitalized cost reduction. Of course, sales tax would have to be added on top of that, depending upon how your state calculates it.
The $1,000 owner loyalty cash should be subtracted from the lowest possible pre-incentives selling price that you can negotiate. Shoot for a price of a couple hundred dollars over the dealer invoice price that is listed here at Edmunds.com minus the incentives.
Also, the total incentives that are available on this car are being underestimated by both the dealer and the ad that you saw. On a Base 2012 TL right now there is the $1,000 loyalty cash PLUS an additional $3,000 cash incentive for a total of four grand. Again, shoot for a selling price of close to invoice minus this $4,000.
Prices Paid: Buying & Leasing Experiences Forum
#2851 of 3085 $300/month deal
Sep 23, 2012 (11:17 am)
Hi...I have gone through most of the posts and in the market for a new lease.
I got the below quote on the 2012 TL base model.
$300/month, 36 months, 12000miles/year
1495 down + Tax + Title + Documentation fees
Wanted to know if this was a good deal
#2852 of 3085 Re: $300/month deal [liman2]
Sep 23, 2012 (1:08 pm)
That seems about right....I am looking at a 2012 base model and 0 down and just the first payment of 422 for 36 months for 15k using a residual value of 53%
I might trade in my 2012 4runner which I basically have about 9k in negative equity and my payment would be 630 with 15k.....
My be my only way out of the lease.
#2853 of 3085 Fees due at closing
Sep 25, 2012 (10:29 am)
I live in CT and am looking at leasing an Acura. I'm being told the following fees are due upfront:
Bank Fee - $595.00
Motor Vehicle Fee - $175.00
Documentation Fee - $299.00
Are these legitimate fees? Are they at all negotiable?
#2854 of 3085 Re: Sept 2012 Rates & Residuals [Car_man]
Sep 25, 2012 (10:48 am)
Thanks Carman for the good info.
I ended up leasing a 2012 TL Tech, Graphite with Taupe.
Adjusted Cap was $32550 on a MSRP of $40220.
$426 including Tax. 12k miles. 36 months.
drive off of $900 including first month, tax, dmv.
I ended up trading in my car to them which added another $34 per month for a total of $460 including tax. My total due to VW was $1,434 plus a $395 turn in fee + $400 in mile overage already + any other wear and tear I have to fix. So to only have to pay $1,224 over 3 years instead of $2200++ now i felt was reasonable too given the deal on the car already.
Hope this helps someone else. If anyone is interested in a similar deal in Southern California, let me know. I got this from a local dealer here in Orange County.
Sep 29, 2012 (12:22 pm)
My offer from dealer in nj
2012 Tl with tech pkg
$1500 up front
12000 miles year
3 year lease