Last post on Dec 09, 2013 at 5:01 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Acura TL, Car Leasing, Sedan
#392 of 3086 Re: Lease Payment? [Car_man]
Jul 09, 2006 (10:20 am)
Thank you, Car_man. That's very helpful.
I read in earlier posts that you think it's better to buy than lease a TL now. I really only want to keep the car 3 years. I could use my 2001 MB 320E AWD as a trade and that would reduce the amount of sales tax I'd have to pay. And I think Acura is offering 2.9 percent financing but I don't actually need to borrow.
What would you recommend?
This is a great forum. Thank you for moderating.
Also, car_man, how big an issue do you think the rattling problems are with the TL? This would drive me crazy.
#393 of 3086 Re: Lease Payment? [trustworthy]
Jul 25, 2006 (2:10 am)
You're very welcome, trustworthy. If I personally was in the market for this car right now I probably would be inclined to finance it using Honda's special APR. Interest rates on investments have gotten a lot better lately. By financing your TL, you can keep the money that you would have laid out for your car in a money market or CD and earn more than 2.9% on it. Rattling in cars, especially brand new ones certainly would be annoying. I personally don't think that this is a huge problem in TLs, but you better take a look in the following discussion to find out for certain: "Acura TL: Problems & Solutions".
Prices Paid Forum
Jul 25, 2006 (9:13 pm)
carman, i was hoping that you could tell me the formula for figuring out leases. I am in the market for a few cars, and i would like to know how exactly the purchase price relates to lease payments. thank you in advance.
#395 of 3086 Question about deal
Jul 26, 2006 (1:23 pm)
I live in Dallas, TX and I just received an offer for an '06 TL w/ nav for $32,450. This price includes window tint, wheel locks and theft guard. Carman, could you calculate what the lease payment on this vehicle would be, with nothing down? He also told me that his boss said that no deal is too ridiculous to bring him, so bring him any deal I want and he would take it to his boss and see what he says. How low do you think I should try to go on this deal? FYI, he doesn't know that I want to lease it yet. I'm trying to get the price down first.
#397 of 3086 Over my Miles
Jul 27, 2006 (7:38 am)
Hi! I am ready to turn in my 03 TL and I am about 4,500 miles over my lease (obviously, leasing is not for me!) What are the chances that my dealer will waive the overage charges if I buy a new TL? Is this a common negotiating point? Thanks for any and all help... : )
#398 of 3086 Re: Over my Miles [atl7775]
Jul 27, 2006 (8:20 am)
Going 4500 miles over on a lease, what will that cost you? $700 at most? sounds like a good deal to me. If you bought it, how much money would you have into it right now? what would your trade be?
#399 of 3086 Re: Over my Miles [bignasty1]
Jul 27, 2006 (9:11 am)
Also, Honda allows you $1500.00 to cover expenses at the end of a lease.So, I am guessing you can put a part of that $1500.00 towards the excess mileage.
#400 of 3086 Re: Over my Miles [billyperks1]
by kyfdx@Edmunds HOST
Jul 27, 2006 (3:18 pm)
I don't think you can use the $1500 damage waiver towards excess mileage charges...
#401 of 3086 Re: Over my Miles [kyfdx]
Jul 27, 2006 (7:22 pm)
I wasn't aware of a $1500 damage waiver. Can you tell me more? Thanks for your help!