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Acura TL: Lease Questions

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

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

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


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#2033 of 2098
Re: good offer? can i get less? [onetrade] by acuratlfan
Sep 01, 2009 (1:57 pm)
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hello one trade.
 
a few months ago i saw a similar add at vipauto.it was for a AWD non tech for 480.00 a month with zero down. just pay taxes and fees.a friend of mine told me
i was better off leasing from honda.when u return the car back to acura they give an allowance of 1,500 either to use towards your new lease or to be used on the ware and tareof the car.
Go to curry acura in scarsdale ny.i leased a tech non awd with 10k miles a year
36 months 1,676 out of pocket.my monthly payments are 485.00.
this is the best i could do,i worked directly with a manager and did not see a sales person.my payments are a little higher than what vipauto quated you but i put less money down.remember the less money u put down the better.
the name of the sales manager is jim
#2034 of 2098
Re: Coming out of a TL lease with high mileage [corbo29] by Car_man HOST
Sep 02, 2009 (1:44 am)
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Replying to: corbo29 (Aug 17, 2009 8:56 am)

Hi corbo29. Unfortunately, the only way for you to avoid having to pay a large excess mileage penalty is to purchase your car at lease-end. While individual dealers may claim to be willing to pay off some or all of your excess mileage penalty for you if you agree to purchase a new vehicle from them, in reality they do not have the ability to make this charge go away. All they would be doing would be using some of their profit from your new deal to pay your penalty off. Naturally them doing so will hamper your ability to get the best possible deal on your next vehicle.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2035 of 2098
Re: Central Florida 2009 TL tech lease rate [ker2] by Car_man HOST
Sep 02, 2009 (1:50 am)
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Replying to: ker2 (Aug 17, 2009 3:52 pm)

Hi ker2. Florida is one of the states that Acura's special, enhanced lease money factor of .00184 is available in. This lease program is only scheduled to run though September 8th. It's difficult to say what Acura's new September program will look like at this point.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2036 of 2098
Re: Residuals [manixxx] by Car_man HOST
Sep 02, 2009 (2:01 am)
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Replying to: manixxx (Aug 28, 2009 5:30 am)

Hi manixxx. The first thing that I noticed about this deal is that you are being asked to make a $2,199 capitalized cost reduction on your lease. I always advise consumers not to make any down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you're much safer going with a zero down lease.
 
Let's take a look at the selling price that you were quoted. The dealer invoice price of a 2009 Acura TL Tech 2WD is $36,366. If one subtracts the $2,000 dealer cash that Acura is currently providing on this car from that, it drops to $34,366. A selling price of $35,000 is a little over $600 over dealer invoice, which is a pretty good deal, particularly when it is paired with the lowest possible money factor...which you mentioned that the dealer is giving you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2037 of 2098
Re: Our 09 TL w/Tech Pkg Deal! [benzserviceguy] by Car_man HOST
Sep 02, 2009 (2:03 am)
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Replying to: benzserviceguy (Aug 29, 2009 4:13 pm)

Congratulations on getting your new TL, benzserviceguy. I;m glad to hear that you had such a pleasant dealer experience. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to tell others about it in even greater detail.
 
Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2038 of 2098
Acura TL AWD with Tech Lease Question by bd2000
Sep 03, 2009 (12:13 pm)
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So here is my scenario. I agreed to lease a 2009 TL AWD w/ Tech that was not yet on the lot with the idea being that the dealer had committed to their Acura Rep to take 5 TL AWD with Tech when built in late August. I got the color (int/ext) I wanted and no one in the new england (Ct, RI, MA, NH) had the color I wanted.
 
The dealer called me today to tell me that the cars were built but that Acura had made these 2010s and therefore the $2000 dealer incentive was gone (since it was only on 2009s). They told me the residual went up (which is good for my lease price) but the money factor had gone up significantly and therefore increased my price on the car...by about 40 bucks/month
 
I have 2 Questions:
 
First, has anybody else gotten this story and second if the money factor on leases did indeed change this year...(2010 models)?
 
thanks for your help!
#2039 of 2098
Re: Acura TL AWD with Tech Lease Question [bd2000] by kingpcgeek
Sep 03, 2009 (2:29 pm)
Reply

Replying to: bd2000 (Sep 03, 2009 12:13 pm)

Money factors, residuals and incentives are almost always different between model years.

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