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Acura RL

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Comments

  • jwilson1...thanks for the pointers! The current lease support on the RL has a money factor of .0005, or roughly 1.2%. When I compare that to the rate from my credit union, it's like getting a $5100+ discount. But knowing the dealer invoice, it seems like there is still room to save a few bucks. I think I may take your suggestion and test the waters at the $39.5 mark.

    wing5nut
  • goralgoral Posts: 138
    Just remember one thing - even though RLs are great cars, they depreciate like crazy! You are getting a lot of car for $40K, but unfortunately a market for used RLs is very soft. In a year, the car will be worth ~$30K or so... That's depraciation of ~$10K!!!
    My '96 RL Premium w/ 87K miles is worth only ~$11-$12K wholesale :( That's a territory of couple year old Civic!
  • Good point...that's why I have decided to lease my next vehicle, rather than purchase. I have to admit that I don't understand why the RL depreciates so quickly. Is demand for this car that weak?

    wing5nut
  • goralgoral Posts: 138
    In my opinion, people who want "pure luxury", look at the offerings w/ V8 engines and the value shoppers go with cars like TL, I30/35, ES300 (which offer "almost" the same luxury, are quicker, and cost less). I am generally against leasing (and buying new for that matter:) ), but in case of cars like RL, Saabs, Jaguars, etc, leasing is MUCH better.
  • hi, i currently have a '99 rl, which i can get out of the lease in january if i get another acura, but i'm not sure if i want to. I love my rl, it has been very good to me with no problems, but i want something different, and was hoping they would've redesigned it by now, or for the '02 model year. Does anyone know when acura is expected to introduce the redesign?
  • Right to the point -- '01 RL/9K miles. Sometimes when quickly braking, the rear of the car will dance or pull to the right (pass. side) a bit then quickly straighten up. It feels like the rear brakes aren't applying same pressure at same time on initial braking. Doesn't always happen so I'm sure the service tech won't experience it when I have the car serviced. :-) Thoughts about the cause? Note that I have disengaged the trac/stab control and it still happens. Have others experienced the same? Thanks.

    Have noticed lots of talk about prices. Leased mine 3/01 for 1.5K down, no sec dep and 15K/yr for $502/39 mths. Best I could do shopping dealers in VA/NC area.
  • I bought my first Acura, after having suffered with a BMW (BMtroubleyou) and my wife's constantly in the shop E Class, after reading the book the Millionaire Next Door. A used Acura was one of the most popular cars owned by these Millionaires. They are great cars, but not recognized by the general public as such and therefore depreciate quickly. That means great deals on great cars for a 2 year old off lease RL. So the advise I have is lease new or buy used.
  • The most frequently discussed date I've heard for the redesign is for model year '03 -- but when that might be is anyone's guess (Acura has released cars at least from March -- October), and the factory is significantly mum on the subject to my knowledge. Stay tuned.

    Take care.
    Joe W.
  • I'll check out the V-8 RL when it comes out, but defer buying until I see how it fares with depreciation. My '96 is purring along at 53K, 16K wonderful miles since I bought it 11 months ago. I may keep it another 3-4 years, then start looking for a pre-owned '03. I expect my mileage to slow down a bit after I get a P/U truck to replace the old Legend that got "totalled" in early August.
  • I noticed that the paint on my front bumper on my 96 RL is PEELING!. Not caused by a scratch or hit, but just peeling in two or three places. Anyone else have this problem and if so what is Acura's position regarding repair. I'd like to have as much info as possible before I approach the dealer. Also the black trim/seal at base of rear window is peeling off. I feel like I'm driving a banana with all this peeling going on. Thanks Nick
  • l943973l943973 Posts: 197
    I don't think there were any recalls for paint problems. I would check out a good body shop. I had to do some repair work on my RL and I took it to a recommended Acura shop in MD. Wow, they did an awesome job with the paint and offered a lifetime warranty on the paint if covered by your insurance company.

    The touch up bottle they gave me was exact with my current paint. I ditched my touch up kit I got from the dealership. The color wasn't exact because my paint color had changed by then.

    The place is called Autobody Dimensions in Gaithersburg MD.
  • skimmelskimmel Posts: 43
    Doesn't look to me like the 2002 RL (or any other acura for that matter) has head airbags for either front or rear passengers. Is there a reason that Acura has not instituted this in their cars when others have them (e.g., toyota camry, etc)?
  • I am in the early stages of getting a new car. I am really impressed by the 02 RL. I have checked it out at a local dealer and just touched on the $$ issue. I live in Northern NJ and was wondering what kind of deals everyone is getting. I am leaning twords a lease if the deal is right. I currently drive a 98 Q45 (love it)that is off lease in 12-01. Any info would be greatly appreciated in regards to dealership/ownership experience. TIA G
  • jwilson1jwilson1 Posts: 956
    I think you're headed in the right direction. I'm sure your dealer made sure you knew about the supported lease now available: $2900 for first pay in my area, 499 for 39 mos., 12k/yr. It's a fine automobile. You can get better cars, in fact much better cars, but you have to pay much, much more money and this has everything that most people of open mind would want.

    On finances, I suggest looking at the option of taking the supported deal but paying nothing down. Depending on your local/state taxes, that leaves your first payment at 1900 or less and raised my payment to 544, taxes included. (I hate cap cost reductions and the risk exposure they provide the driver.)

    Good luck. Enjoy.
  • hunter001hunter001 Posts: 851
    My feeling about the RL is that, if you intend to keep the car for 10 years, and you are able to resist the temptation to go for a newer car after 2-3 years, then go for it. If you intend to change your car after 3-4 years, then the RL is not for you, since it will have depreciated so much, that you certainly will not like it.

    If on the other hand, you are satisfied with the power that the RL has and wish to continue driving the car for a long time (> 10 years ?), then the RL is the perfect car for you, since it is guaranteed to be almost problem free till the end of eternity, lack of power/brand cache notwithstanding.

    just my 2c

    Later...AH
  • would this be a good 3 yr old used car to buy?
    Are they dependable or do they need to be repaired
    often?
  • jwilson1jwilson1 Posts: 956
    They are a wonderful 3-yr-old car to buy because of their features, classic style, quality and reliability. Personally, I'd want a certified one, but that's for sure a personal issue.

    I chose to lease my '02 rather than keep it for the car's life, because I've kept every car I've owned for many years in order to avoid depreciation. Now I'm at the point where I can pretty much get what I want (within reason) and have decided to enjoy my ride and the new toys, rather than sitting in traffic and wondering how nice it would be .... etc. while I look at all the new rides around me. In addition, there are a lot of cars out there I want to try (including, perhaps, the V8 version of the RL when it's available), and I look forward to going back to the buffet table in another three years.

    But if the question is long-term cost, then hunter is certainly correct. A lease is an extravagance. But if that is your choice the current RL lease is excellent.

    Add to that that I've always paid cash, so the $40k I would have spent on the RL is currently earning interest that will reduce the cost of the lease considerably (because I'm earning more than the lease mf is costing).

    But even with that factor the car is costing over double what its cost would be if I were holding it for 10 or more years.

    Life is short enough, and I probably have time to drive about 6 more leases before I get a used Corolla and start to hope no one takes my license away.

    Take care.
    Joe W.
  • sky33sky33 Posts: 26
    I've seen a few RL's and they seem to be pretty nice cars. I had been looking at the TL-S which has the horse power and many nice features. While looking at the TL-S the saleman wanted to show me the RL. I think it seems to be a great value but I wonder why it depreciates so much? I noticed on this board that someone bought a new RL for 32.5K a while back. This was due to the dealer needing to get rid of old RL's. For that price the RL would be a great value. I wonder if they'll be that cheap when the re-designed RL comes out.
  • jwilson1jwilson1 Posts: 956
    They're that cheap sometimes at the end of each year. But mostly such cars are demos or dealer cars with nearly "used" mileage on them. Last year, for example, SRP was something like 42630 and invoice was 37758 (I'm doing these by memory, so if I'm wrong please tolerate) and, in the last several months, a 3000 dealer cash support program went into effect, taking the invoice effectively down to $34800. It was not at all unusual to find a perfectly good car for 35000 or 35500, but these were usually cars in unpopular colors and you needed to get pretty lucky to find a popular color around. One at $32 or so is to be expected with the mileage added on, but -- as you know -- no dealer is going to lose money on purpose.

    So far as depreciation goes, it is true for several reasons, especially vs. the TL-S which is so very popular right now. The first is that the RL is not very popular as a mass vehicle. Another is that Honda doesn't advertise it. And of course almost every large luxury vehicle made in the over $40k market depreciates heavily: Jaguar XJ and Infiniti Q45 are among the most notorious, but you could include the 740iL, the MB E series, and especially Cadillacs and Lincolns. Out of all of these, by the way, the RL is reliable. Its depreciation is a reason it is such a terrific used buy.

    Take care.
    Joe W.
  • merc1merc1 Posts: 6,081
    All this talk...I just want to see the thing! Gee whiz. Is it a go for New York or what?

    M
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