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2013 and earlier-Acura TL Lease Questions

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  • $30350 is pretty good I think. If carman visits the board soon he can confirm. In my area truecar shows that some base TLs have been selling for $30,000, so maybe try to get the dealer down to $30,000.
  • In the process of negotiating my TL lease/purchase, should I spend time trying to get the dealership to discount the pricey yearly fees and the required royalty fee for the XM radio?
  • From my understand, the dealer has no control over the price of XM radio. You can also not subscript to XM if you dont want to. After the 3 month trial XM will just stop working.
    However, if you are interested in XM radio, you can call them directly (after your trial) to get some good deals.
    Their current specials are:
    5 months of XM for $20 total (plus tax and what not)
    1 year of XM for $77 total (plus tax and stuff comes out to $88, I actually ordered this yesterday hence I know).
    When the call the main XM number they may say they don't have such promotions. Just tell them to transfer you to the "retention" department and they will give you these promotions.
    Dealer has no control over XM, just talk to XM directly.
  • gguy8gguy8 Posts: 19
    edited December 2010
    Dear Carman or whomever else may be able to help,

    I am looking to lease either a 2010 or 2011 TL in New Jersey (36 months/15,000 miles per year) and am wondering if you could supply me with all the lease info (residuals/money factors) for all the different versions of the TL for those years for December? Also, I am currently leasing an infiniti g35x that will be ending in February 2011, and I want to know if it is better to wait till then to sign a new lease or with all the incentives this December is it better to do it now? Thanks.
  • I'm helping my mother lease a 2010 basic TL (12K miles). i've leased her past two TLs, and both times found it very hard obtain the correct residual and money factor. Why so hard? Why is car man the only person with this information? Car man is the great but i noticed that he's been away from our forum for a bit now, so i looked and look on the web for these figures and have had zero luck! car man, come back! or share with us where you get these numbers so we don't always have to wait on you! have a good one guys!
  • gguy8gguy8 Posts: 19
    Dear Carman,

    I am looking to lease either a 2010 or 2011 TL in New Jersey (36 months/15,000 miles per year) and am wondering if you could answer a few questions that I have. First, could you please supply me with all the lease info (residuals/money factors) for all the different versions of the TL for those years for December? Second, I am currently leasing a 2007 Infiniti G35x that will be ending in February 2011, and I want to know if it is better to wait until then to sign a new lease or with all the incentives this December is it better to do it now? Lastly, I know this is the Acura section, but I was wondering if you think the lease deals are better for Infiniti or Acura. I look forward to your response, and thanks for you help in advance.
  • I would love to know the numbers for 2011 TLs as well. One dealer is willing to let me turn in my 2009 TL early, but I would love to know the preferred MF and residual for 2011 TL Tech and TL Tech with SH-AWD.

    Thanks in advance.
  • Thanks for the additional information, geoguy99.

    OK, Acura's current buy rate lease money factor and residual value for a 36 month lease of a 2011 TL AWD Tech with 15,000 miles per year are .00144 and 59%, respectively.

    When negotiating your lease on this car, make sure to take advantage of the $1,500 dealer cash that is currently available on it.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited December 2010
    Hi gguy8. Here's the 36 month, 15,000 mile per year numbers for New Jersey that you're looking for.

    '11 TL: .00144 / 59%

    '11 TL Tech: .00144 / 56%

    '11 TL AWD: .00144 / 57%

    '11 TL AWD Tech: .00144 / 54%

    '11 TL AWD Tech HPT: .00144 / 53%

    '10 TL: .00144 / 54%

    '10 TL Tech: .00144 / 51%

    '10 TL AWD: .00144 / 52%

    '10 TL AWD Tech: .00144 / 49%

    '10 TL AWD Tech HPT: .00144 / 48%

    If I was in your situation, I probably would not waste the final two payments on my current vehicle by getting a new one right now.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi amoreno. Acura's December buy rate lease money factor and residual value for a 36 month lease of a base 2010 TL with 12,000 miles per year are .00144, .00172, or .00107 and 54%. The exact money factor varies by region. If you tell me what state you are in, I'll gladly tell you the exact factor that is available in your area.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car man,
    what are the MF and Residual for TL Tech with either 12K or 15K miles/yr in southern California?

    Thanks,
  • gguy8gguy8 Posts: 19
    Thanks so much for the info. car man! I greatly appreciate it! I do have another couple questions for you though. The one dealership I was dealing with was willing to deduct my two infiniti payments left off the price of the new acura if I lease it by the end of December, is that something I should consider? Also, if I do decide to wait until February to lease the TL, do you believe the $1500 incentive and such will carry over? Thanks again!
  • I just wanted to thank you guys (esepcially Carman) for all your help and what you do at this forum.

    While I just signed up today, I've been eyeing the lease deals for TSX's and TL's for the past few months on this forum and it has really helped me make an informed decision.

    I just did a 3-year 15/k mile a year lease on a new 2011 Acura TL Tech in NY for $479/month with $1000 + DMV fees out of pocket.

    I just sent an email with what I was looking for in terms using the data you provided (money factor & residual) along with the purchase price and dealer cash.

    Basically all 3 dealers ignored it and sent back what they thought was the best deal, but copying all 3 on every email back and forth really helped to get the 3 to compete against each other. What started as a 2010 at $519 ended up with a 2011 at $479.

    Anyways - again, thanks for the information, it was a huge asset and while I know I didn't get the greatest deal ever, I needed something within 48-hours and at least had a basis to start off on.

    Thanks again!
  • I just wanted to provide an update.

    I actually backed out of the deal when my local dealer offered to drop the price another $15/month with only $1000 out of pocket (DMV fees were included in lease package) - so in reality it is more than a $15/month savings.

    I had signed a PO and put a deposit on the previous lease, however I never signed a credit app and the dealers own PO terms stated that sales financed through them are subject to credit app and lease agreement, if terms are not agreed upon the refund must be refunded.

    I also believe this to be New York State law.

    However, I'm now in posession of the 2011 TL Tech, and it is simply awesome. It is a HUGE step up from the 2006 TSX I had prior.

    For the price of the car, I'm not sure you can do any better.

    Thanks again to all and merry christmas.
  • Hi alex_socal. Acura's December buy rate lease money factor and residual value for a 36 month lease of a 2011 TL Tech in California with 15,000 miles per year are .00107 and 56%, respectively.

    The residual value for a lease with only 12,000 miles per year is 2% higher.

    When negotiating your deal on this car, make sure to take advantage of the $1,500 dealer cash that is currently available on it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • You're very welcome gguy8.

    Chances are the fact that the dealership is absorbing the final two payments on your current lease is hampering your ability to get the lowest possible selling price on your new vehicle. There's only so much profit in any given deal.

    While there's no guarantees about what manufacturers will do with their future incentives programs, I strongly suspect that Acura will have at least $1,500 dealer cash on the TL Tech in January.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • You're very welcome, soulman1980. I'm glad that you've found the Edmunds.com forums so helpful. Congratulations on getting your new ride. Enjoy!

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks everyone for all the great information on this forum. I'm considering a 36 mo lease on a 2011 Acura TL w/ tech, 15,000 miles per year in Southern California. I believe the MF is .00107 and residual is 56%, the MSRP is $39,895, and invoice is $37,137. I think there is a $1500 factory-to-dealer incentive on the car so I offered $36,000 and the dealer countered at $36,600 and is stuck there. This makes the lease $439 / mo with $2998 down. Is this a good deal? If so, what else should I be asking for in order to sweeten the deal?
  • Just pulled the trigger on a TL AWD/tech lease in NJ after spending days trying to chase a good deal on a g37x. The attitude of infiniti salesmen and managers was really starting to get on my nerves!

    heres the details on my lease:

    36 month / 15k Miles

    MSRP: $43,445
    Selling price: $36,500
    Cash Due: $1607 (including dmv fees and bank acquisition fee)
    Monthly Payment: $467
    Buy Out: $23,460

    Im sure i didnt get that great of a deal since the buy out price is kinda high..this is only my second lease ever..and I really got taken to the cleaners on the first one.

    very happy with the car. Got it in Mayan Bronze/Umber..(VERY Sharp looking combo IMO). No regrets about not getting the G37x whatsoever. I gave the sales manager a really hard time and he remained very patient with me throughout the process...even through in a set of all weather mats.
  • qaliqali Posts: 55
    Wow, looks like a good deal in terms of MSRP and selling price. Was there an Acura incentive factored in the price reduction?
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