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Prices Paid: Buying & Leasing Experiences Acura TL Lease Questions
1461 messages, Last post on Jun 26, 2008 at 9:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: nring (Jul 30, 2007 6:27 pm) he started off saying i needed to put down $1200 and it would e about $600/month. i told him i can get a 335 for about that much and i wasn't interested. he said he'd check on whatthey could do. i get another email that says "the GM says we can do 550... wow". yeah wow... i have seen NO concrete numbers. no MF's, no residuals..despite asking for them. they have no 08s. only 07s. i'll start hitting up the dealers who have 08s an dsee what they will do.
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Replying to: 23109vc (Jul 30, 2007 8:15 pm) |
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Replying to: 23109vc (Jul 30, 2007 8:15 pm) 2007 MSRP: 34295 Cap Reduction: 2315 Monthly: $369 + tax Residual: $19891.10 (58%) Paid at inception: $3279 (Acquisition fee $595 + Cap Reduction + First month) 2008 MSRP: 34395 Cap Reduction: 2225 Monthly: $399 + tax Residual: $21324.90 (62%) Paid at inception: $3219 (Acquisition fee $595 + Cap Reduction + First month) Based on the "actual cap cost" mentioned on the offer, I believe the Selling price is as follows: 2007: 30,317.68 2008: 33258.22 This looks like a very basic offer. I am sure the dealers can do better than this.
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Replying to: acura_tl (Jul 31, 2007 9:02 am) Do you know what the current lease rate is on these two leases? You are assuming they are changing the selling rate. Maybe they have discounted the lease rate rather. I can get the first one to calculate out at .001 at retail price. The second one doesn't seem to work though...
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Replying to: cpa3 (Jul 31, 2007 3:51 pm) 2007: 0.00300 2008: 0.00247 I calculated the sale price based on the MSRP, Cap Reduction and the "actual net capitalized cost" mentioned on the offer. |
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Replying to: acura_tl (Jul 31, 2007 9:00 pm) MSRP $34,395.00 (includes destination) $2,225.00 capitalized cost reduction Actual net capitalized cost $31,033.22. Based on the above, Selling Price has to be 33,258.22 (33,258.22 - 2,225.00 = 31,033.22) $3,219.00 total due at lease signing ($2,225 Cap Reduction + $595 Acquisition Fee + $399 First Month)
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Replying to: acura_tl (Jul 31, 2007 9:21 pm) Do you know that those are the lease rate factors? or are you guessing?
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Replying to: cpa3 (Jul 31, 2007 10:11 pm)
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Replying to: acura_tl (Aug 01, 2007 6:46 am)
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Replying to: cpa3 (Aug 01, 2007 7:49 pm) Well, "typically" the manufacturer posts lease specials with some discount over the MSRP. Take a look at the lease offers for the following cars (at the company's web sites): BMW Infinity Audi You will find that the selling price in all of the offers is lower than the MSRP. Also, based on the information provided at acura.com, the only way you can reach the "actual net capitalized cost" of $31,033.22 is if you lower the selling price. Otherwise this figure does not make sense. An easier way to solve this mystery would be to go to an Acura dealership and have them print the Dealer disclosure statement for this offer. Has anyone here done that already?
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