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2013 and earlier-Acura RL Lease Questions

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  • leo11leo11 Posts: 9
    I am getting a deal on an Acura RL (non tech) for 1500 down (including first months payment) and 599 per month for 36 months (10000 miles/year). How does this deal sound?
  • kssod1kssod1 Posts: 50
    leo11
    go to the acura.com website, look up specials. your price is the advertised lease special.

    FEATURED SPECIAL LEASE: Closed-end lease for 2006 RL V6 5-Speed Automatic Transmission with Navigation System (Model KB1656KW) for $599.00 per month for 36 months with a $205.00 capitalized cost reduction. $1,399.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction. Security deposit waived; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.

    Subject to limited
  • roberts10roberts10 Posts: 14
    Tell them you want the sales tax included in the $599.00 per month. I got mine negogiated in, because they want to move these cars. Lots of competition in this car sector, M35, Audi A 6, Lexus ES350. Its crowded! PLus don;t forget they get the $2000.00 back from Acura..so they have room to play.
  • leo11leo11 Posts: 9
    Hi guys, had a couple of question and any help or advice would be appreciated. Can you pay a lease quicker, i.e pay what you owe in 36 months over 24 months instead. Secondly is it possible to buy a car midway into lease and finally how smart is it buy a car at the end of the lease? Do you end up spending a lot more money this way. Thanks.
  • kssod1kssod1 Posts: 50
    I would not purchase a car at the end of the lease. Compare your lease payments total plus the end of lease buyout either cash or financed with interest to the original purchase price financed over the same period and i think you would be better off purchasing and financing upfront. The object of a lease is to negotiate the lowest cap cost with the highest residual value ( low depreciation) thus often the buyout at the end of the lease is artificially high compared to the fair market value of the same car on the used car lot. Turn the car in let the manufacturer take the depreciatiion hit and come back the next day and buy the car at a lower price. It almost always makes more sence to finance upfront
  • Hi All: Thanks to everyone for providing information that has been extremely helpful. In view of what I have been reading, and the good experience I had with a 2002 RL, I am strongly favoring another lease of the 2006 RL. The only other vehicle of interest would be the Lexus ES350. I know it's not available yet, but I somehow feel there are good reasons why the RL is more expensive like better quality, more accessories? Any helful thoughts I should consider? Also, does anyone have any info on the next RL leasing program since the present one will expire soon. Thanks
  • mhg1mhg1 Posts: 3
    Hi All -

    When I went to complete the lease on an RL with Tech, I was told that there is not only no lease special, but no lease AT ALL on the RL Tech. I was told the car is too new to have a calculated residual. Didn't matter, I bought it. At 2.9% for 36 months, I'm making more on regular CD's so it was well worth it.

    We've had the car for 4 days, and it's hopefully a keeper. I don't want to reap the praises on too heavily. I have to get used to the slack in quick acceleration, but at 4-5K RPM, it glides blissfully. Oh, did I mention the tech package? Sweet.
  • m44148m44148 Posts: 2
    Got a offer at Champion Acura Gulf Freeway in Houston to lease an RL... the acura lease special. Really nice saleswoman but the manager was a jerk. Made me wait for over 3 hours and finally comes out and says that the deal is a no go due to a miscalculations in the offer and needed me to put 5000 as down payment. Very impolite , no apologies nothing, a complete waste of my time. Wanted to make sure that future prospective buyers are aware of the ploy. Just venting my frustrations I guess. :mad:
  • Getting ready to embark into the world of leasing and did quite a bit of homework before. Called 7 dealerships and told them not to shoot bs at me and give me what they had. Have a dealership right now that is very good imo.

    Havent gotten into all the difinitive details, but just base line price...$475/Month for 39 months, $3200 down, no trade-in. Seems to be the best deal by about $42/Month.
    Two dealerships can make me the $517/Month for 39 months with $3700 down. Both final pricing is with tax included.

    I dont know about you all, but it seems that I had to go out of town to see a better deal. I guess where I got the best quote from, was the place where the RL isnt selling that good, and the dealership is having trouble moving them. I know that in my city now, they cant keep them on the lot, and the best deal I have in town is right at $550 a month for 39 months.

    Some of you who have been around a while longer in the car game than me, let me know what this looks like to you.

    Thanks!
  • leo11leo11 Posts: 9
    Cant seem to get that done ie get the tax factored in. The best I have is 2400 done ( incl TTL) and then 599 month for 36 month, total payment over 36 months of 24 :Is it worth it? :confuse:
  • acctprofacctprof Posts: 41
    FEATURED SPECIAL LEASE: Closed-end lease for 2006 RL V6 5-Speed Automatic Transmission with Navigation System (Model KB1656KW) for $599.00 per month for 36 months with a $205.00 capitalized cost reduction. $1,399.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction. Security deposit waived; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.

    I can't find this lease special on the Acura website. I can only find 2.9% financing, nothing about a lease.

    Len
  • kssod1kssod1 Posts: 50
    Featured lease special ended 04/03/06. replaced with finance special
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I'd be happy to help you out, mhg1. I have to ask though, why is this car's capitalized cost higher than its MSRP? Dealers are providing pretty good discounts on the RL right now PLUS Acura is providing a $2,000 cash incentive on leases of it through Honda Finance. You should be able to lease this car for way less than MSRP. Did you flip the numbers perhaps?

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Acura has extended its special lease on the RL through May 1st. It just took it a day or two to update the specials section of its site. Consumers can now choose between the special money factor and $2,000 lease cash or the special APR for conventional loans.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • acctprofacctprof Posts: 41
    Acura has extended its special lease on the RL through May 1st. It just took it a day or two to update the specials section of its site. Consumers can now choose between the special money factor and $2,000 lease cash or the special APR for conventional loans.

    Car_man,

    I am emailing two dealers about this lease. We agreed to up the miles to 12K from 10K for about $510 more (8.5 cents) plus net cap. cost of $43,714, which gave me a payment of $614.

    I want to deal for a backup camera next to finalize the deal. I see the list is about $500 plus installation. What should I ask for, $300?

    Len
  • mhg1mhg1 Posts: 3
    Thanks Car_man. The Cap Cost is higher than MSRP since it includes after-sale accessories and tax/tags/title. Never mind though. See my later post. I was told lease not available on the Tech. pkg. since residual is presently unknown. I took advantage of special financing at 2.9% for 36 months. Sale price was 54,800 - includes tax (5%), tags/title, every accessory including Tech package, A-Spec package (body spoilers), backup cam., and deck lid spoiler, not including wood steering wheel and shift, and 19 inch tires (not available as run flat so didn't integrate with technology package). A-spec look is interesting, in my opinion, not too gaudy but sleek in an understated manner.

    Thanks to you and everyone for your help. This forum gave me the info I needed to drive home a bargain.
  • nixyz123nixyz123 Posts: 7
    Hi

    I would appreciate if you Could tell me the dealership details. also how many miles a year did you get with the deal
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey Len. Acura really doesn't offer options on its vehicles. If you want an option that is not included in the base RL, you may have to get the technology package to get it. You may be able to find out more information on the option that you are interested in by visiting one of the following discussions: "Acura RL: Prices Paid & Buying Experience" or "Acura RL".

    Car_man
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    Smart Shopper / Prices Paid Forums
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Congratulations on your new car, mhg1. Thanks for taking the time to check back and let us all know how everything turned out. 2.9% financing is a great rate, if one can afford the high payment that a 36 month term would result in. Enjoy your new car!

    Car_man
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    Smart Shopper / Prices Paid Forums
  • acctprofacctprof Posts: 41
    Car_man, on the Acura website the review camera is a dealer option along with door visors, wheel locks, and other exterior accessories.

    I put down a deposit last week for a new RL and added the review camera for $450. Even the service manager didn't know the price. I had to refer him to the website.

    I got --
    $600 per month plus tax / 36 months,
    36K miles,
    $1500 at closing including first payment and document fees,
    add review camera for $450.

    I was pleased.

    Len
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