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Acura RL: Lease Questions

264 messages,  Last post on Nov 05, 2009 at 3:12 AM

You are in the Acura RL Forum. Your Hosts are pat & karens

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


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#235 of 264
Re: How much to lease a 2009 RL? [pds1] by Car_man HOST
Jul 17, 2008 (2:17 am)
Reply

Replying to: pds1 (Jun 24, 2008 6:29 pm)

Hi pds1. Acura is currently advertising the base 2009 RL at $549 per month for 36 months with $2,555 down. If you are in an area that has a decent level of competition, you should be able to do better than that by negotiating the lowest possible selling price and then having the dealer calculate your payment using Honda Finance's buy rate lease money factor of .00137 (for Super Preferred tier customers who pay a security deposit at lease signing).
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#236 of 264
Re: How much to lease a 2009 RL? [Car_man] by pds1
Jul 17, 2008 (6:07 pm)
Reply

Replying to: Car_man (Jul 17, 2008 2:17 am)

Thanks for the numbers on the RL. I've been told to never put any meaningful money down on a lease transaction. In the event the car is stolen or totaled in the early months of the lease, I simply lose that down payment.
 
Is that correct? Isn't $2,555 too much to put down at the initiation of a lease?
 
thanks
#237 of 264
Re: How much to lease a 2009 RL? [pds1] by Car_man HOST
Aug 05, 2008 (2:39 am)
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Replying to: pds1 (Jul 17, 2008 6:07 pm)

You're very welcome, pds1. What you were told is correct, it definitely is not a good idea to make a large capitalized cost reduction on a lease. Consumers can lease any vehicle that they want without making a down payment. All you have to pay at lease signing are your car's first month's payment, Honda Finance's $595 acquisition fee, a security deposit equivalent to your car's monthly payment rounded up to the nearest $25 increment, and any required state taxes or fees. You can even roll the taxes and acquisition fee into your car's cap cost to make them part of the payment if you want. Also, Honda Finance will waive its security deposit requirement in exchange for a .00010 money factor increase.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#238 of 264
Re: How much to lease a 2009 RL? [Car_man] by mrusso
Aug 05, 2008 (2:04 pm)
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Replying to: Car_man (Aug 05, 2008 2:39 am)

The dealers in Houston are reluctant in giving out the details of MF, etc. The best 2009 RL with tech deals I am being quoted in Houston are for $669/mo, 36 mo., 10k mi/yr and $3500 down. I was also quoted $779/mo with $1000 down. These rates are too high. I'd like to lease an RL with tech but it is more than I am willing to pay.
#239 of 264
Current Info by 1stacura
Sep 04, 2008 (8:31 am)
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Anyone know what the September lease situation is for a 2009 RL?
 
Incentives / Dealer cash? Residuals? Money factor for Tier 1 customers?
 
I'd be looking to do a 36 month lease at 12k.
 
Thanks in advance. This forum is a huge help.
#240 of 264
Re: Current Info [1stacura] by Car_man HOST
Sep 22, 2008 (3:34 am)
Reply

Replying to: 1stacura (Sep 04, 2008 8:31 am)

Hi 1stacura. Honda Finance's September buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RL with 12,000 miles per year are .00119 and 53%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. Acura is not currently providing any cash incentives on this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#241 of 264
08 rl numbers by kki000
Sep 24, 2008 (9:26 pm)
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Hi,
Im very interested in an 08 rl nav.
What are the numbers looking like now, last update i see here is back in may.
12k year 36 or 39 months.
 
wondering if the cash back is still in effect for th 08s.
 
tia.
#242 of 264
Re: 08 rl numbers [kki000] by Car_man HOST
Oct 02, 2008 (2:53 am)
Reply

Replying to: kki000 (Sep 24, 2008 9:26 pm)

Hi kki000. Acura paid off its dealers $4,000 dealer cash for any remaining 2008 RLs that they had left in inventory back in July. You can still lease one through Honda Finance if you can find one, but you will have to use its standard lease program. Honda Finance's October buy rate lease money factor and residual value for a 36 month lease of a 2008 Acura RL with 12,000 miles per year are .00270 and 47%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical 39 month lease are .00270 and 46%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#243 of 264
2009 ACURA RL LEASE by btl2
Oct 03, 2008 (6:44 pm)
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could someone please give me the money factor and residual for a 15K mile lease in october thank you. Dealers typically insist the money factor is higher than what the blogs say. thanks. Does honda financial publish this info themselves?
#244 of 264
Re: 2009 ACURA RL LEASE [btl2] by eights38
Oct 03, 2008 (7:33 pm)
Reply

Replying to: btl2 (Oct 03, 2008 6:44 pm)

btl2,
 
Acura's new program expires on November 3rd. For 36 months with 15,000 miles per year, the residual is 51% and the money factor is 0.00119.
 
Best,
Matt
eights38gmail.com

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