Last post on Dec 09, 2013 at 5:01 PM
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Acura TL, Car Leasing, Sedan
#2946 of 3086 Lease questions on 2013 TL AWD Tech
Mar 13, 2013 (6:26 am)
Car man and forum members ,
I was looking to trade in my 04 tsx and lease a 13 tl AWD with tech if the deal is right. Just a few questions that you or the other forum members might be able to help me out. First, can the 2000 dealer cash and 1500 Acura loyalty incentive be combined ? I would qualify for the highest tier so that shouldn't be an issue. If so , I am looking to lease the vehicle for 36 months with 15k a year mileage. I would like to put no money down and have the dealer write my check for my tsx trade. I would prefer the manual but would do the automatic if the price was right.
Finally , can this be done for around 500 dollars a month? This vehicle would be purchased in NJ.
Thanks for any feedback
#2947 of 3086 Re: TL with Tech [ml_driver]
Mar 16, 2013 (6:29 pm)
I just signed a 36 month lease zero out of pocket on 3-11-13 for a '13 tech. Monthly payment is $447 plus tax. I had to use the current 1500 owner loyalty towards my 2011 TL base trade to make up the negative equity. Otherwise it was an easy deal and again I took possession of the '13 without giving a single penny. Payment could have been less if I didn't have the negative equity as I could have used the 1500 as a down payment instead.
#2948 of 3086 Re: TL with Tech [acuraguy83]
Mar 17, 2013 (6:16 am)
After the sales price is negotiated, does Acura charge a $595 finance/acquisition charge?
#2949 of 3086 Re: TL with Tech [ml_driver]
Mar 17, 2013 (6:52 am)
They generally add that into the sale price so you do not have to pay that out of pocket. That's how mine have always been done. This is my 4th Acura lease. There is apparently a 2000 dealer cash going on as well for the base and tech model TL's which you could use to pay any upfront costs or to bring down the sale price. Let me know how it works out for you. I feel my lease price was decent compared to what I have paid for their leases in the past. My '11 base TL was $413 plus tax so to get into a '13 tech for only 30 more a month seemed like a good deal.
#2950 of 3086 2013 FWD TL with Tech
Mar 20, 2013 (4:28 pm)
I'm new to leasing but have been reading the info here on Edmunds to learn more. I'm looking at a 2013 FWD TL with Tech in Missouri. I was given an MSRP of $40530 with a sale price of $37733.55 before a $1500 loyalty credit for a final sale price of $36233.55.
I'm looking at a 36 month lease with 12k miles and no money down. I was given the following:
Residual amt: $22696.80
Money factor: .0010
Base monthly payments: $457.80 + 41.20 in tax
Any thoughts on how good of a deal this is?
#2951 of 3086 Re: TL with Tech [ml_driver]
Mar 20, 2013 (4:39 pm)
Hi ml_driver. The car that you're interested in has an MSRP of $40,530. If I use a selling price of 36,559 (invoice minus $2,000 in incentives + $500), I estimate that this vehicle would have a zero down, pre-tax monthly payment of around $389 for a 36-month lease with 12,000 miles per year. I used a money factor of .00062 and a residual value of 56% to arrive at this payment. The money factor varies by state, this is for PA.
Prices Paid: Buying & Leasing Experiences Forum
#2952 of 3086 Re: Lease questions on 2013 TL AWD Tech [04tsxdriver]
Mar 20, 2013 (4:45 pm)
Hi 04tsxdriver. Yes, the dealer cash and the loyalty cash can indeed be combined.
Let's work up a payment and see what we come up with. According to my calculations, if you were to lease a 2013 TL AWD Tech that has an MSRP of 44,080 and a selling price of 38,345 (invoice minus loyalty minus dealer cash plus $500) through Acura right now in NJ for 36-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $467.
So yes, this deal does look like it can be done for less than $500 per month.
Prices Paid: Buying & Leasing Experiences Forum
#2953 of 3086 Re: TL with Tech [Car_man]
Mar 21, 2013 (3:09 am)
My sales price was $36,339 +595 (bank fee) + =$36,934. 56% residual and money factor of .00052. I'm pleased with the deal, but was wondering if the $595 was added to pad the profit margin. They pay first payment and I pay the next 35. 12k mi. a year.
What do you think?
Mar 21, 2013 (8:42 pm)
What do you guys think of an Acura TL base at $1000 in total drive-offs (including payment and all fees) and $340 / month including 9% tax in California? 36 mo / 10k miles. MSRP is 35905. Seems very competitive to me.
#2955 of 3086 Re: TL with Tech [ml_driver]
Mar 26, 2013 (9:14 pm)
This is from California, and I don't consider it a great offer: MSRP: $40,530, SP: $35,986, Residual: 57.1%, MF: .00062, $1,000 Drive Off, $483 mo. It supposedly includes a dealer discount of $4,543. I believe the monthly is about $50 more than it should be. Residuals on Tech packages are worse than those on base. Don't ask me why. I just realized that the quote doesn't specify mileage (great job!). Term is 36 months.