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Acura TL Lease Questions

2098 messages,  Last post on Dec 02, 2009 at 6:05 PM

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

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#51 of 2098 Re: Re: Lease quote by Car_man HOST Oct 06, 2005 (3:53 am)
Hey oid21. To the best of my knowledge, Honda Finance's standard lease money factors, which is what you would have to use to lease an Acura TL right now, and residual values are the same right now as they were in September.   Car_man Host Smart Shopper / Prices Paid Forums
#52 of 2098 Re: Lease Me Please Me by Car_man HOST Oct 06, 2005 (3:58 am)
Hello oid21. The last time that I saw Honda Finance's buy rate lease money factor for a 42 month lease of an 2005 Acura TL, it was only .00230. It looks to me as though the dealer that you are working with is marking up your car's money factor to add additional back-end profit to your deal. It is in your best interest to insist that they use Honda Finance's buy rate money factor to calculate your car's lease payment. If you choose to have your car's security deposit waived, the money factor will be a little higher, but still not the .00270 that you were quoted, unless you do not qualify for Honda Finance's top credit tier. It is difficult for me to give you my opinion on this car's selling price without knowing what its full MSRP is. this enables me to see how much of a discount you are being given. The MSRP will also enable me to estimate a lease payment on this car for you using Honda Finance's actual lease program.   Car_man Host Smart Shopper / Prices Paid Forums
#53 of 2098 HFAC TL Lease by dpav Oct 06, 2005 (1:49 pm)
Car_man - I know the pricing is not yet out for the 06 TL, but I'm hoping to find out what HFAC is offering (MF and residual) on a 36 mo lease for 12K miles.   Thanks
#54 of 2098 Re: One Year Lease - 2005 Acura TL (no NAVI) [Car_man] by philo82 Oct 06, 2005 (3:26 pm)
Replying to: Car_man (Oct 06, 2005 3:51 am) Thanks, Car_man, and to everyone else for the input - it has been greatly appreciated. In fact, I've decided to repair my current car (far cheaper than leasing for one year), keep it for one more year, and then look at the new 2007 Acura TL.   Speaking of the 2007 Acura TL - • For years, Mercedes has moved engines in higher-priced models down to models further down the model line.   • Given that there were very few changes to the Acura TL for 2006, what do you think the chances are that Honda will imitate Mercedes by moving the engine of the Acura RL down to the Acura TL, and increasing horsepower or re-designing the Acura RL? Naturally, it is far too soon to expect any announcement from Honda on this.   Philo82
#55 of 2098 Re: Acura TL: Lease Questions [Car_man] by bdcost Oct 07, 2005 (4:39 am)
Replying to: Car_man (Aug 31, 2005 2:02 am) Hello! I know, I know...I should have seen it coming. I am currently ina TL lease with six months to go and will shortly run out of my alloted miles (18,000 per year).   I am considering the following options: 1. Buy the car now. 2. Trade as I near the end of the lease.   Here are my questions: 1. Will it save me money to buy the car now or at the end of the lease? 2. If I trade near the end of my lease, will they "forgive" the extra mileage (est.9,000) 3. There is a small amount of damage to the right front quarter panel (collided with my bike in the garage). If I trade before end of lease, will this damage be forgiven? 4. If my lease is with American Honda Fin. Corp...is it more advantageous to trade for a Honda or an Acura? Thinking about Lexus or even the Toyota Camry XLE looks pretty good.   Thanks...
#56 of 2098 Lease Question 06 TL by corbo29 Oct 11, 2005 (9:53 pm)
I probably should of checked out this site a bit earlier but I just leased an 06 TL w/o Nav on sat (10/8) in tempe and am wondering if they took me for alot more than they should. Here are the details...   48 mos, 3k down, $499/mo, 12k mi, 680 fico   After reading through some of these posts, I feel like I should have negotiated a little more but this was the first time in about 10 yrs that I have purchased a car so I guess I wasnt thinking so clearly.   Any opinions are appreciated!! Replies to this message: ozzynyc (Oct 13, 2005 6:20 am)
#57 of 2098 Re: Lease Question 06 TL [corbo29] by ozzynyc Oct 13, 2005 (6:20 am)
Replying to: corbo29 (Oct 11, 2005 9:53 pm) I am sorry that i will have to rain on your parade, but you paid way too much for the car. The length of the lease alone should have made this lease around $400 with $3000 down. But this solely depends on the area and the dealer you worked with (tax, incentives, "document fees" that some dealers charge $800 and some $100, etc). Since this is a new car, they won't sell it at invoice. Did you at least get the selling price?   Remember, when you lease the car this is what you need to know: 1. the money factor (bank's interest rate), 2. the selling price, 3. the residual value. Then calculating the payment is very easy.   But don't worry and enjoy the car!!!
#58 of 2098 Looked at 06 TL today by hintz Oct 14, 2005 (12:47 pm)
Drove a TL today and loved the car, the dealer won't even discuss prices or terms etc, unless you want to meet w/ the finance mgr. What a bunch of crap. I want to lease for 39mos/15k per year/ with 1200 down. The salesman said, you need to put around 5k down to get a payment around 499, I was so mad after the test drive and told them when they have real #'s call me. My fico score is 794... Go figure, Guess I will look at getting another lexus instead. URGH
#59 of 2098 06 Acura TL Lease by dpav Oct 15, 2005 (12:06 pm)
Anyone know what HFAC is setting initial money factor and residual for the 06 TL for 12K miles 36 months? (no navi). Thanks in advance...
#60 of 2098 Re: HFAC TL Lease by Car_man HOST Oct 16, 2005 (4:35 am)
Hi dpav. Not surprisingly, Acura is not providing any sort of lease support on the 2006 TL. As a result, if you were to lease one through Honda Finance right now you would have to use its standard lease program. Its current buy rate standard lease money factor for 36 month leases is .00250. Honda Finance's 36 month, 12,000 mile per year residual value for an '06 TL without navigation is currently 62%.   Car_man Host Smart Shopper / Prices Paid Forums

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