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Acura TL Lease Questions

1532 messages,  Last post on Sep 04, 2008 at 10:12 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#656 of 1532
Lease rate by jvette
Mar 08, 2007 (7:50 pm)
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When I did my research on the TL with Navi at the end of Feburary the Non Navi TL residual was 61% and the TL with Navi was 59%. I'm not sure about the TL-S. The TL-S does have Navi so I would assume it is lower.
#657 of 1532
Re: March 2007 Lease Numbers [burgermac] by Car_man HOST
Mar 09, 2007 (3:25 am)
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Replying to: burgermac (Mar 01, 2007 11:50 am)

Here's the information that you're looking for, burgermac. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2007 Acura TL without navigation with 12,000 miles per year are .00110 and 57%, respectively.
 
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#658 of 1532
Re: March program for TL 10k a yr [fgaz1] by Car_man HOST
Mar 09, 2007 (3:28 am)
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Replying to: fgaz1 (Mar 02, 2007 7:21 am)

Hello fgaz1. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Acura TL with navigation and 10,000 miles per year are .00110 and 58%, respectively.
 
Car_man
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#659 of 1532
Re: March program for TL 15k [stlacura] by Car_man HOST
Mar 09, 2007 (3:31 am)
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Replying to: stlacura (Mar 02, 2007 8:43 am)

Hi stlacura. Wow, we've hit all three mileage allowances on consecutive posts . OK, the money factor for the TL is the same as I mentioned in my previous two posts, but the residual value for a 36 month lease of a base 2007 TL without navigation with 15,000 miles per year is 57%.
 
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#660 of 1532
Re: Carman--Your thought? [azn_boi] by Car_man HOST
Mar 09, 2007 (3:39 am)
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Replying to: azn_boi (Mar 03, 2007 2:22 pm)

Hi azn_boi. The dealer invoice price of a 2007 Acura TL-S with an automatic transmission is $35,638. As you can see, the price that you were quoted is pretty close to this, which is a very good deal. The money factor that you were quoted for this car is right in line with Honda Finance's buy rate for a lease of it by a consumer who qualifies for its "Super Preferred" credit tier. If you like the car, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
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Prices Paid Forum
#661 of 1532
Re: 4 yr lease available? how about extra miles? [mark_wny] by Car_man HOST
Mar 09, 2007 (4:01 am)
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Replying to: mark_wny (Mar 04, 2007 3:07 pm)

Hi mark_wny. You can lease this car through Honda Finance or an independent bank for 48 months if you would like, however the best way to lease it is to do so through Honda Finance for 36 months or less. This is because Acura is providing a special lease money factor of .00110 on the 2007 TL for 36 month leases right now. If you lease this car through Honda Finance for 48 months, its money factor more than doubles to .00250.
 
As far as your lease's mileage goes, Honda Finance has three different allowances to choose from: 10,000, 12,000, or 15,000 miles per year. If you need to drive more than 15,000 miles per year, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.
 
Car_man
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#662 of 1532
Re: Good deal on lease? [jimabood] by Car_man HOST
Mar 09, 2007 (4:14 am)
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Replying to: jimabood (Mar 08, 2007 1:36 pm)

Hi jimabood. By looking at this car's MSRP, it appears as though you are interested in a base 2007 Acura TL with navigation. Is that correct? The dealer invoice price of that model is currently $33,807. The price that you were quoted is $977 over invoice. If you really wanted to and you are in an area that has a decent level of competition, you might be able to shave another couple hundred dollars off of this car's price but this deal isn't bad. The money factor that you were quoted is right in line with Honda Finance's buy rate for this model, so there's no mark up going on there. The bottom line is that this is a pretty good deal, but you might be able to shave another couple of dollars per month off of this car's payment by spending some time comparison shopping.
 
Car_man
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#663 of 1532
Re: Depreciation 56 or 55 for TL (non S-Type) [jimabood] by Car_man HOST
Mar 09, 2007 (4:27 am)
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Replying to: jimabood (Mar 08, 2007 2:58 pm)

Yes, jimabood, the residual values for the TL-S and the base TL are different. The TL's residual values are 2% higher than the residuals for the TL-S.
 
Car_man
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#664 of 1532
can you get this tl price? by rwheiler
Mar 09, 2007 (8:05 am)
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from the honda website 36 months 30,000 miles $369 a month(ttl extra), i'm very interested in getting this deal has anyone else gotten this price?
 
Offer valid through: 4/30/2007
  FEATURED SPECIAL LEASE: Closed-end lease for 2007 TL 5-Speed Automatic Transmission (Model UA6627JW) for $369.00 per month for 36 months with a $1,035.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $1,999.00 total due at lease signing (includes first month's payment, security deposit, AHFC upfront acquisition fee and capitalized cost reduction; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Security deposit waived in lease example. Not all buyers may qualify.
 
Subject to limited availability. Through 4/30/2007, to approved lessees by American Honda Finance Corp. Closed end lease for 2007 TL 5-Speed Automatic Transmission vehicles (Model UA6627JW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $34,295.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $31,787.32. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $13,284.00. Option to purchase at lease end $20,577.00. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details.
#665 of 1532
07 TL LEASE NUMBERS by alfstinky1
Mar 09, 2007 (9:31 am)
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Hello Car_man, I,m trying to negotiate a 36 mo. 10k mile lease for my daughter on a 2007 TL/Nav or TL-S and the dealer is telling me that AHFC does not do 10K leases, only 12K and 15K. Could you please tell me if this is true and if false what the money and residual numbers are for March on a 36mo. 10K are on both cars. Thank you!

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