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2013 and earlier-Acura TL Lease Questions

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  • Car-man
    I'm looking to lease for a '13 TL SH-AWD base. Dealer gave me a qoute of SP $35,883(incl dest. charge), $400 w/ tax 36 months, 10,000miles per year, $1,700 of inception fees. I'm in northern NJ, are these figures reasonable? Thanks, J
    JM
  • ged3584ged3584 Posts: 27
    Don't forget there is a $1500 conquest rebate if you own any luxury car.
  • albert72albert72 Posts: 141
    Car Man,

    With what appears to be good incentives, the base TL may now be on my shopping list. Edmunds describes a couple of lease deals and I want to make sure I understand what is posted.

    $349 / month 3 yr 30k tot miles. Down Payment $1650 plus $1999 due at signing and the offer also says dealer contribution of $1500 is required for $349 payment.

    I also see dealer cash of $1500 and another $1500 of Acura loyalty money that I am eligible for.

    I am trying to figure out how much $$ I need at signing for this deal. If I need $1650 + $1999 and the dealer cash is already baked in, do I then need to come up with $1650 + $1999 - $1500 (loyalty) = $2149 or do I take the dealer cash as well an only need $2149 - $1500 = $649.

    Any info is appreciated. Thanks
  • albert72albert72 Posts: 141
    edited March 2013
    CarMan,

    No need for the info requested in the above post. I actually got a car yesterday. Will post info at appropriate board.

    Thank you again for your time and effort.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey ml_driver. The $595 acquisition fee is charged by Acura Financial Services on every single lease. Individual dealers do not have the authority to waive this charge and they do not make any money off of it. So don't worry about that part of your deal.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited April 2013
    Hi jmalazarte. The dealer invoice price of a 2013 TL SH-AWD is currently $37,893. If we subtract the $1,500 dealer cash that is available on the '13 base TL from that it drops to $36,393. The selling price that you were quoted is even lower than that, so it represents a very good deal.

    There's also $1,500 loyalty / conquest cash out there that you may be able to take advantage of.

    Just make sure the dealer uses Acura's buy rate lease money factor of .00062 (for top tier customers in NJ) to calculate your payment and you're in business.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi albert72. If I was in the market for a 2013 TL, I personally would shoot for a selling price of around $500 over the dealer invoice price that's listed here at Edmunds.com minus the $1,500 dealer cash minus the $1,500 loyalty cash. Have them base your payment upon that selling price and you should be able to beat the advertised deal.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • mikelpnjmikelpnj Posts: 2
    Hi Car_man!

    Not sure if this is a good deal. I haven't reviewed actual numbers yet, but was just quoted 349/mo with 2k down 12k a year lease. 36 mo lease. 13 tl tech package. Turning in my 2010 tl base model and am getting 15000 miles additional credit on lease. Dealer says it includes loyalty cash. Does his sound right?
  • mikelpnjmikelpnj Posts: 2
    Here is my deal. Need a sanity check on this.

    2013 Tech Package
    - 38059 Invoice
    - 35534 Sales Price
    Minus 1500 Loyalty

    Getting 12K Lease, but adding 15K Miles to it for unused miles on my 2010 that I am turning in.

    56% Residual with a .00062 MF

    $359.00 a Month

    Out of pocket:

    595 - Aquisition
    345 Motor Vehicles (3 years in NJ)
    First Months Payment - 359.00

    1299 - due at signing.

    Does this make sense? My lines are blurred.

    Thanks all!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi mikelpnj. Do you happen to know what this car's selling price is? It would make evaluating your deal easier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Never mind, I see that you just posted it. The money factor that you were quoted is spot on. That's a good sign. The selling price that you were quoted looks great as well. This looks like a good deal to me.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • aboeschaboesch Posts: 1
    Looking to lease a 2013 TL w/Tech Package. What's the money factor for Maryland and thoughts on residual %? Also, any idea on when 2014 TLs are coming out? Wondering if it's better to wait to negotiate a lease if 2014 TLs are coming anytime soon..
  • artrahaartraha Posts: 1
    @mikelpnj

    hi sounds like a great deal, i'm also on the market for the same car, what dealership is offering this price?
  • crg7crg7 Posts: 2
    Lease on 2010 TL is up next month and starting to get quotes for a new 2013 TL with Tech package. So far, received a quote for 36 month/15,000 miles at $403.83 plus tax with approximately $1500 due at inception in South Florida plus they will pick up my last remaining payment on my current lease. The advance package is about $40 more per month, not sure that it is worth it. Any thoughts/opinions? Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello aboesch. Acura's April buy rate lease money factor and residual value for a 36-month lease of a 2013 TL Tech with 15,000 miles per year in Maryland are .00100 and 54% for consumers who qualify for its top aka "Super Preferred" credit tier.

    I'm not sure when the 2014 version of this car is scheduled to arrive, but I haven't heard anything about it so it probably isn't soon.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • res332res332 Posts: 13
    Carman,

    I was offered 36 month lease at 15K miles per year for $399 month which includes tax. I'm in PA and believe the tax is 9%. First month payment and tag due at signing for a total of $620. I'm coming off an Acura lease so Acura loyalty applies. Does this sound like a good deal? Also, what should same lease look like for the tech package?

    Thanks
  • My dealer has three SH-AWD Tech cars in stock on their website (listed as new with 5 miles).

    What kind of lease deal could be made on these leftovers?
  • mikevi7mikevi7 Posts: 5
    Hello,
    I am looking to potentially transfer my lease. I have a 2012 Acura TL AWD w/ Tech. Lease ends Feb 2015. It was 3 yr 36,000 mile lease and payment is $489/ month. Car has remote starter (installed by Acura dealer), tire insurance and only about 10,000 miles. Does anyone have any suggestions as to how I can do this? Swapalease.com?

    Thanks for your help in advance,
    Mike
  • chuckjrchuckjr Posts: 61
    Swapalease isn't a silver bullet. I've used it once successfully and currently have two vehicles listed with great monthly payments that haven't moved in about a year. I do get a lot of questions on my lexus and e350 but have had a lot of people not pass either Lexus or Mercedes credit checks.

    Try carmax. They'll make you an offer to buy it and hopefully you aren't too far under water. If your payment isn't great it won't move on swapalease unless you are willing to pay someone an incentive.

    If you do go with swapalease you can haggle with the listing agent.
  • jjt6jjt6 Posts: 1
    Does anyone know if Acura will extend the $1500 loyalty incentive?
This discussion has been closed.