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Acura RL Prices Paid and Buying Experience

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Comments

  • taitandotaitando Posts: 17
    I also used leaseguide.com's calculator. It was a great help in figuring out the figures. And yes, the only item that I rolled into the cap cost was the acquisition fee. Which I think is standard everywhere, bringing my total cap cost to $42,095 ($41,500 + $595). My sales tax is 7.25%. I live in the Sacramento area, but I have an address in zip 95340 :P . Otherwise my tax would be 7.75%.

    Jeremy, you mentioned attempting a deal of $600 or less per month w/ total out of pocket not being more than $1500. I think you can do it, but it might involve using some of that $1500 as a cap cost reduction. My out of pocket is almost $1000 (TTL, and 1st month), while you have about $500 more to play with. Anyhow, they were pretty firm about the money factor, and I researched Car_man's lease forum for sometime before negotiating.

    I also researched some of the car's you mentioned, and was leaning a lot towards the A6. I wanted AWD, but I guess the thing that tipped the scales for me was all the gadgets and technology on the RL. I realize that such tech is more prone to issues, but I'll take my chances. The performance isn't too shabby either, as the RL has had many favorable reviews in comparison tests. Edmunds comparo being the latest :) That plus the discount being offered seemed to be the clincher for me. It was either a base A6, or a fully loaded RL. Euro appeal aside, I decided to go Japanese.

    Anyhow, I pitted two dealerships in a bidding war here in Sacramento. Niello Acura versus Elk Grove Acura. Guess what? They both went down to the $41,500 mark. Niello had the dealer demo, while Elk Grove offered a brand new car with only 14 miles. The only reason why I decided to go with the dealer demo from Niello was because it was optioned with a rear spoiler, all season mats, wood shift knob, and chrome wheels. Elk Grove didn't have one with such options. Added together these options retail for $2000+. So, in sacrificing some mileage, I ended up with a car loaded to the gills. I'll be taking delivery today, impressions of the vehicle to come later. Thanks for the feedback in this forum. And folks, please post your deals to help others! Details, details, details...
  • jsmaz1jsmaz1 Posts: 16
    Thanks for that post! Did your final negotiated price include any Acura Manufacturer money? I read that there was $2500 available through July---is that when you purchased?

    I guess what I am getting at is trying to determine if the $41,500 was really $44,000 minus the money from Acura. So could that $41,500 be repeated now? I am, at this point, really wanting to go with the RL for the same reasons as you.

    Thanks for your response!
  • taitandotaitando Posts: 17
    I can't actually say that the deal included the $2500 manufacturer money, since I never really brought it up. :blush: I came to the $41,500 figure by looking at some of the prices on this forum and by taking a chance by just pitching it to the dealers. I thought to myself, "So what if they say no? If I don't ask, it's automatically a no isn't it?" So, I began negotiating on 8/1/05, realizing it was the last day of Acura's RL lease special. Then it was back and forth between the 2 dealerships until Wednesday. Mind you this all took place by e-mail, so there really was no inconvenience to me. At first, Elk Grove Acura was surprised and asked where I got the figure from, citing that the vehicle was invoiced at $44k. When I told them that Niello Acura had accepted my offer, they immediately matched it, but wanted me to come in that very night to take delivery. Anyhow, $41,500 is still very possible for the month August. For folks wanting to lease, remember, that as model year winds down, money factors usually increase, while residuals decrease.
  • sgl1sgl1 Posts: 34
    "Update from PA. I have the DC dealership down to $44,000. Dealer closer to home has bottomed out at $44,500. Now, is it worth a 4 hour drive to DC to save the $500?"

    I personally don't think it's worth the $500 to make the trip. It's probably not a good idea to put that many highway miles on the car right off the bat. Most car manufactures want you to break the car in with variable speeds - in city driving, not highway. Plus, usually your local dealer will offer a free oil change or two. . .

    Good luck, you'll love the car!
  • vas2vas2 Posts: 5
    stevens creek acura in San Jose
  • I just have to tell you how happy I am with the Ryan Auto Group. I bought my RL from the wayne store, and have only GREAT things to say about it. My second acura; my wife is on her third--I've referred about 10 deals to them and all are happy people

    Rod Ryan and his auto group have done well and my thinking is they will have a great future.

    best of luck with your RL--I truly love mine

    Steve
  • I stopped at the dealership this afternoon to check out the serial numbers on the remaining RL's on the lot. Of the nine remaining, six have serial numbers above 18,000; two are between 10,000 and 11,000; and one is 5402. Wouldn't you know it, number 5,402 is the color combo I want (black with parchment). My question is, how concerned should I be about buying such an early model? Build date looks to be last fall, perhaps September or October. I did notice that the other eight cars all have color-matched wheel splash guards, while the one I want, number nine, does not. Were wheel splash guards added later on as factory equipment? If the dealer adds the splash guards, won't it look obvious as an add-on? Are the dealer ones color-matched? UGH....so much for controling my anal retentiveness.
    TIA
  • birdbirdbirdbird Posts: 63
    Can anyone else say what the cost of their Acura RL lease has been in August? Or, any quotes from dealers and location? I mean including tax and everything? There is apparently 2,500.00 dealer cash available from acura to reduce the capitalized cost of a lease.
  • jsmaz1jsmaz1 Posts: 16
    It took me less than 24 hours to close on my '05 RL from my local dealership. Read the last couple of months posts as they are pretty accurate and you should be able to get close to your desired amount. I would shoot for $600 per month with as little out of pocket as possible up front, 15k, 36 mo. etc.
  • I bought my RL in Dec; the dealer included the splash guards---they were perfect in color match and functionality. My advice is ---don't sweat this stuff

    Steve
  • shs111shs111 Posts: 39
    May I ask a dumb question? Where is the serial number? Trailing numbers of the VIN?
  • As I posted earlier, the trailing serial number of my first choice is 05402. The newer cars on the lot range from 10724 through 21202.
  • mrbluemrblue Posts: 3
    Last week I closed on a lease in Mission Viejo, CA. I negotiated the cap cost (purchase price) to $42,700 on a fresh-off-the-boat carbon gray/taupe RL (6 miles on it). Residual was 59%, money factor was .00240, and drive-offs were around $1640 (I forget the precise number). Total payment, including 7.75% tax, is $587 per month on a 12K per year, 36 mo. lease. It's a great car, and I'm very happy with this deal.
  • sms5sms5 Posts: 2
    I have noted some postings telling about lease deals on new (05) RLs, but what about outright purchase prices? One dealer (Chicago area) told me that I can probably get about $3500 off the list -- making the price about $46,000. Can I expect to get closer to the $44,000 (invoice) or even lower, or is that just open for lease plans? Can anyone give information about recent actual purchase prices?

    Thanks.
  • mrbluemrblue Posts: 3
    The purchase price for the car should not differ as between a lease and a purchase. Just as in a purchase, a leasing customer must negotiate a purchase price for the car, which becomes the "capitalized cost." The method of payment operates independently from the price the dealer receives for the vehicle, and those payment terms should be negotiated separately from the purchase price. In a lease, the leasing company, be it Honda Financial or an independent bank, is the entity that ultimately "purchases" the car from the dealer, whereas in a customer purchase, it is the customer, or the customer's financing bank, that purchases the car. In both cases, the dealer is receiving a purchase price for the vehicle, so it really does not matter whether you are leasing or buying as far as the purchase price goes.

    The only thing that might make a difference in the selling price in a lease vs. an outright purchase is if the manufacturer is offering a cash incentive to the customer to buy or lease. If I'm not mistaken, Acura's $2500 dealer cash is available whether or not you buy or lease. Make sure you let the dealer know it is available, however. My dealer's leading offer was only $1000 below sticker. When I mentioned the dealer cash issue and the fact that prices are widely being reported on forums like this one that are at or below invoice, my dealer quickly dropped their asking price to below invoice. And, as I mentioned in my prior post, my final price was well below invoice.

    Bottom line is that you should be able to get invoice or below, and $46K is way too much to pay. I suspect that price will fluctuate by market, but there are a lot of dealers out there who are willing to apply some hefty discounts to these great cars.
  • birdbirdbirdbird Posts: 63
    I'm still seeing a total rolled in payment of $650.00 per month on leasing a 2005 Acura RL, tax included, but not licensing, 12,000 miles. 36 months. How are you guys getting the 15,000 miles thrown in? Are you paying extra for them?

    Also, anybody know when the 2006s are arriving at the dealerships and will that make a difference on 2005 lease prices?
  • birdbirdbirdbird Posts: 63
    Oops, I meant to make this a new posts.

    I'm still seeing a total rolled in payment of $650.00 per month on leasing a 2005 Acura RL, tax included, but not licensing, 12,000 miles. 36 months. How are you guys getting the 15,000 miles thrown in? Are you paying extra for them?
     
    Also, anybody know when the 2006s are arriving at the dealerships and will that make a difference on 2005 lease prices?
  • acura4acura4 Posts: 4
    Hi,

    Not sure what part of the country you are in.... but in NJ I was able to pick up a lease for 36 months, 18000 miles per year for 619 per month. That number includes tax, etc. I only paid out of pocket first month, acquistion fee, and license fee. Total out of pocket was 1470. I had a great experience at Clinton Acura in Clinton NJ. I know one other person on this forum mentioned them also.... and they got a 25k per year lease for a great price also, I think.

    :shades:
  • msonimsoni Posts: 2
    I live in Central NJ, and was able to get the following lease price on a '05 RL:

    $539/month (taxes included), 15k miles, 36 months, $2450 down (includes inceptions and an extra $800 or so).

    I didn't take the plunge yet, since I was trying to get the extra 800 off on the down payment. Does this sound like a good deal as is, or should I insist on getting that 800 off too?

    Thanks.
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