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Acura TL: Lease Questions

2099 messages,  Last post on Dec 07, 2009 at 3:30 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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#2041 of 2099
TL lease by stevef4
Sep 09, 2009 (12:12 pm)
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Did acura extend or better the 09 lease support?
The dealerships look empty
#2042 of 2099
Re: TL lease [stevef4] by Car_man HOST
Sep 10, 2009 (1:50 am)
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Replying to: stevef4 (Sep 09, 2009 12:12 pm)

Hi Steve. Acura is still providing lease support on the 2009 TL in September. Its program for this car varies by state. In some states Honda Finance's current buy rate for it is .00235. In others it was enhanced to .00188. If you tell me what state you are in, I would be happy to tell you which one you qualify for.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2043 of 2099
Re: TL lease [Car_man] by stevef4
Sep 10, 2009 (10:53 am)
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Replying to: Car_man (Sep 10, 2009 1:50 am)

Im in Bay area of Northern California. The dealership is telling me .00188 mf
and residual of 53 percent for 36/12k lease. The sale price for TL w/tech is 32993
quote 499 tax included(9.75 percent) with 1013 drive off
#2044 of 2099
End of Lease Year '07 TL by jenp123
Sep 10, 2009 (11:18 am)
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First time leasing a car and its been successful so far, lease is scheduled to end by January. I am already trying to figure out the route I want to take. I don't have all the numbers in front of me, but is it ever a good idea to purchase your vehicle? I have only 20k miles on my car and my allowance is 30k by end of January, so I will be well under. My car is in great shape, have had no problems. The buy out price is about 22k. Which seems decent from the standpoint of buying a 07 TL with Tech Package right now with 20k miles is over that amount. At least that is how I look at it.
 
I don't see any car comparable for me to lease, I would like to lease a SUV, but with Acura nothing seems to be reasonable. I am only paying $349 a mo, so everything else seems very inflated. I thought about buying used, but never have gone that route and it makes me just as nervous. I have heard people buy their car at lease end b/c of excess mileage but don't really hear the other way around. Would love to get some input, thanks!
#2045 of 2099
Re: End of Lease Year '07 TL [jenp123] by billyperks2
Sep 10, 2009 (11:30 am)
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Replying to: jenp123 (Sep 10, 2009 11:18 am)

Personally, I would buy the car on a two year loan.Try to bargain down the residual from 22k and also bargain hard for a decent interest rate (depends on your FICO score).Good luck.
#2046 of 2099
TL - 2009 by mich_car_buyer
Sep 10, 2009 (5:35 pm)
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Car Man -- 2 question for you:
I got an email today from a dealer in SE Michigan ... he said that for a 36 month, 10,000 mile/yr lease on a base TL, the residual is 57% and the MF is .00150 ... those sound like pretty good numbers given the prior posts on here. I have not gone in or talked about the cap cost with the dealer, which will obviously play a big role in a lease payment. Q1) What would be a reasonable cap cost for a base TL? I trust that if it is somewhere right around invoice less the $2,000 incentive I should jump on it (assuming there are no other "surprises")? Q2) My current lease on a saab 93 runs until Thanksgiving, and I am willing to eat the last 2 payments -- the question is when does Acura generally stop leasing the prior year models? how big of a risk is it that if I wait they won't lease an 09 in October/November? Thx.
#2047 of 2099
2010 SH-AWD w/ Tech (automatic) by 2001a6
Sep 21, 2009 (6:56 am)
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Looking for Money Factors and residuals for
 
36, 39, and 48 months?
 
Any help would be appreciated.
 
Thanks in advance.
#2048 of 2099
Re: 2010 SH-AWD w/ Tech (automatic) [2001a6] by 2001a6
Sep 22, 2009 (3:05 am)
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Replying to: 2001a6 (Sep 21, 2009 6:56 am)

With 12k miles per year.
#2049 of 2099
Re: TL - 2009 [mich_car_buyer] by Car_man HOST
Sep 24, 2009 (2:49 am)
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Replying to: mich_car_buyer (Sep 10, 2009 5:35 pm)

Hi mich_car_buyer. I'm pretty sure that the money factor that the dealer quoted you on the '09 TL is wrong. Honda Finance's current buy rate lease money factor for a 36 month lease of this car in Michigan is .00188. Perhaps the dealer was just rounding the number that they quoted you off. The 57% resid that they mentioned is correct.
 
If I was in the market for a base '09 Acura TL, I personally would shoot for a selling price off around $500 over invoice minus the $1,500 dealer cash that is currently available on it ($1,000 under).
 
It's difficult to say when Acura will pull the plug on its lease support for the '09 TL. Given the fact that the '10 model is not out yet, I suspect that the support for the '09 will be around for at least another month. Again though it is difficult to predict what manufacturers will do with their future incentives with 100% accuracy.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2050 of 2099
good deal on 2009 tl lease? by acuraorlexus
Oct 02, 2009 (6:26 pm)
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got quoted today on 2009 tl front wheel drive with tech (sticker $39,445) in boston. told i was getting $4,000 off, so cap cost was $35,445. told residual was 51% (which i felt was too low) and my payment before sales tax was $500. $1,600 down for 1st pmt, acq fee, and docs. if acura still has 2.9% for great credit the payment would be correct, unless they lied about residual. did they? thanks.

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