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2013 and earlier-Acura TL Lease Questions

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Comments

  • 2011oddy2011oddy Posts: 13
    Hello,

    I would like to know the MF and resid on a 6-speed manual TL for either of these:

    -2 year/20K lease (or 24K if Acura does not do 10K/year)
    -3 year/30K lease (or 36K if Acura does not do 10K/year)

    Thanks!
  • I just had a dealer call me with what looks like a good deal: 36month, TL with tech $349/mo. including tax plus $2,500 total drive off (which I can reduce to $1,000 with loyalty). Here's the interesting part: Selling price is $36.536 which is a little on the high side, but the residual is $23,102 which is 63%. I can't figure how they can offer a residual that high.
  • igozoomzoomigozoomzoom Waleska, GeorgiaPosts: 790
    Question regarding advertised or 'promo' lease offer and current incentives-

    I'm helping a friend of my mom's find a replacement for her 2010 Infiniti G37 Journey 4-door. Her lease expires in about five weeks and she wants a lower payment than the $497/month she has been paying. The Acura TL (or TSX or even the Accord EX-L V6) all look like good candidates for a lower lease payment without having to sacrifice much on luxury and features.

    The 2013 TL Base 4-door has a 36-month lease offer- $349/month for 36mos, $1650 down payment and dealer contribution of $1500 required.

    They are also offering $1500 Conquest Cash that would apply since she currently has a 2010 Infiniti.

    The $1500 Dealer Cash toward the lease can be combined with other offers.

    The $1500 Conquest Bonus has to be used toward a lease or purchase through Acura Financial and can't be used on a $0 down lease offer.

    Based on that information (and assuming the same incentives apply when she is ready to buy/lease), could she apply the $1500 Conquest toward the $1650 lease down payment???

    I also realize that taxes, fees, title/reg fees, etc. are not included in the payment of $349. She has a credit score in the high 700s and owns a Physical Therapy practice, so she should qualify for any top-tier credit offers.

    I'm quite savvy at negotiating a great PURCHASE deal. But I've never dealt with a LEASE transaction before. I understand the nuts and bolts from an intellectual perspective, but I'm not 100% confident that I can translate that into actual numbers! =)
  • osbar81osbar81 Posts: 8
    Hi car man,
    I need your help on a TL SH-AWD w/advanced pcg. I was offered $490.00 (Pre-tax) on 36-month lease/15k. No first month payment but Down is TTL+Doc fee.
    MSRP: $46280
    RV: 50%
    MF: 0.001

    He said that he gave me the $2,000 cash back and $1,500 loyalty. Is this a good deal?
  • mlewis2mlewis2 Posts: 6
    Looking at 2013 TL w/tech package. MSRP 44783. Current dealer quote is 42789 cap cost, .0011 MF on 36 month 10k lease. I think the MF is high. Can anyone confirm the current MF for the Kansas City area? I am also seeing others paying in the $38k-$39k range...is this reasonable? Thanks.
  • suv800suv800 Posts: 40
    mlewis2,

    2103 Acura TL w/Tech Package
    for only 10k 36month lease, your payment should be around $374.00 + tax(your local sales tax) + DMV (around $185.00), Your out the door should be no more than $600.00.
    Remember this is with no money down, no trade-in.

    Here in new york, my calculation was $407.00 included sales tax of 8.875% plus the dmv and fees $157.50 (75+60+10+12.5)
  • mlewis2mlewis2 Posts: 6
    Do you have any idea what the money factor or final selling price was on your car?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi res332. It would be much easier for me to evaluate this deal if you were able to provide me with this car's selling price. Let me know and I'll tall you what I think.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi theericharris1. Acura is not providing lease support on leftover 2012 models any longer. As a result, if you really want to lease it probably would be cheaper, or at least very close, to go with a 2013 model at this point.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jjt6. the loyalty cash was extended through July 8th.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello 2011oddy. Acura's current buy rate lease money factor and residual value for a 24-month lease of a 2013 TL with 12,000 miles per year are .00062 or .00100 and 66% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00062 or .00100 and 59%.

    I listed two different money factors because the TL's lease program varies by region. If you tell me what state you are in I can tell you which one is available in your area.

    If you were to lease with 10,000 miles per year, the residual values would be 1% higher.

    There is currently a $1,500 dealer cash incentive on the base 2013 TL. Make sure to take it into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi osbar81. You really need to get the dealer to tell you exactly what selling price they are using to calculate your payment. If they are selling you this car at a couple hundred dollars over invoice and then subtracting the incentives they mentioned, then you are getting as good deal. If they're selling you the car at MSRP minus the incentive, then you're not.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • mlewis2mlewis2 Posts: 6
    Hi car man...what is current buy rate MF on a TL AWD w/tech pkg in Kansas/MO also residual? looking at 36 month 10k lease
  • ranjohnranjohn Posts: 17
    Hey man, what would be a 36/12, 0 down, tech + SH-AWD in NY/NJ?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go mlewis2. Acura's May buy rate lease money factor and residual value for a 36-month lease of a 2013 TL Tech AWD with 10,000 miles per year in MO are .00100 and 55% for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey ranjohn. .00062 and 54% + $2,000 dealer cash.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • mlewis2mlewis2 Posts: 6
    Thanks Car man...much appreciated. Any info you have on the Lexus GS350 would be helpful as well. Thanks.
  • Hi,
    Moving to Dallas area. Looking to lease a '13 Acura TL w/ Advance Pkg.
    12k per year
    0 down
    what's a good monthly pymt?
    I was quoted $540 with 0 down on a 42,370 MSRP car.. that seems very high..
    Please help.
  • Also looking to lease a '13 Acura ILX w/ Tech pkg for my wife..
    12k per year
    0 down.
    MSRP - 31,400
    I was quoted $334, 0 down.
  • Also looking to lease a '13 Acura ILX w/ Tech pkg for my wife..
    12k per year
    0 down.
    MSRP - 31,400
    I was quoted $334, 0 down.
This discussion has been closed.