Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier-Acura TL Lease Questions

1145147149150151

Comments

  • suv800suv800 Posts: 40
    MSRP $44080.00
    Selling Price $38245.00 (with dealers cash 2000 and loyalty 1500)
  • ob123ob123 Posts: 2
    Good morning Car Man;

    Although I know I got a good deal on my TL I'm having a bit of trouble interpreting my lease paperwork. Pehaps you can help me by deconstructing the basic numbers which are as follows.

    2013 TL Tech
    36 month lease
    10k miles a year
    0 down (just signed and drove it out)
    Payment is 399 monthy including tax which here in florida is 6.5%
    Got the prefered money factor and standard residual for 36 months I pressume.
    MSRP was $40530
    Just want to know how much was the car's selling price.

    Thanks for any help you may provide.
  • 2011oddy2011oddy Posts: 13
    Unbelievable local dealer wants to charge an extra $50/month on their manual trans TL. This is on a 3/30 lease, so it is an $1800 premium. I laugh
    ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha haha ha ha ha ha ha ha ha ha ha ha

    what a joke!

    Nice way to make a sale, guys...
  • ssayetssayet Posts: 3
    I am looking for some help and guidance.

    Right now I have a 2010 Acura TL that I have my final lease payment June 4th. I spoke to the dealership I got the car from in Tucson Arizona and they offered to trade/give back my car and they would give me a new 2013 Acura TL tech, 12,000 miles a year, ZERO down (key for key) at $455 a month out the door.

    Thoughts? Am I getting a good deal or can I do better?

    They quoted me the advanced package 12,000 a year at $520 out the door.

    Thank you in advanced.
  • suv800suv800 Posts: 40
    ssayet,
    If it's the TL SH-AWD with Tech package then it's acceptable.
    If your out the door $455 for a TL FWD then it's way high.
    Remember, the cost of $455 includes the sales tax.
  • suv800suv800 Posts: 40
    Selling price was $400 above the invoice then minus $2000 incentive.
  • res332res332 Posts: 13
    Carman,

    I negotiated further and got the following deal. Base TL; 36 months @ 15K per year. Paid $540 out the door which includes 1st month payment. Monthly payment is $317, with tax comes to $347.

    Here's the interesting part, about a week after I signed the contract, dealer called and told me the contract did not print properly and I need to sign it again. Go back and upon further questioning am told they needed to "move some numbers around" because Acura had some questions. My monthly payment, residual, money down and miles all stayed the same. The big changes I saw were as follows: (1) "gross capitalized cost" went from $32,643 to $33,333; (2) "capital cost reduction" went from $1350 up to $2040; (3) and "agreed upon value of the vehicle" went from $32,048 up to $32,783. Also, even though I can't see where I am spending any more for the lease (money down and monthly payments stayed the same) the "total of payments" on the revised lease agreement increased from $14,209 to $14,961. Is this something I should be concerned about?

    Thanks for your help.
  • ssayetssayet Posts: 3
    Here is additional information for the offer I received.
    Selling price $38546.02
    Residual is 56%
    Money factor is 0.0006200
    36 months
    12k peryear
  • ssayetssayet Posts: 3
    the quote does include a $1,500 loyalty reduction
  • apunkinapunkin Posts: 1
    Is there a difference in the MF, Residual for 36m lease between the TL Base and TL Base + Tech
    thank you in advance
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome mlewis2. Please post any questions that you have about leasing a GS350 in the following discussion:

    http://townhall-talk.edmunds.com/WebX/.ef9da3e/681

    Thanks.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi ob123. The selling price, or at least your car's capitalized cost, should be listed on your paperwork. That would be a lot easier way to find out how much you paid than trying to back into the selling price, especially since I'm not familiar with how Florida calculates sales tax on leases.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi res332. It's strange that the dealer had you come back and sign a new lease, but as long as the payment, term and mileage allowance are exactly the same and you didn't give them any more money I don't see any problem.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi apunkin. The addition of the Tech package does not alter the TL's money factor, but it does lower the money factor by 3%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • drewdudedrewdude Posts: 3
    Wow, that's sounds great. What state are you in? The $540 include everything OTD?
  • drewdudedrewdude Posts: 3
    CarMan, do you know if the current TL $1,500 loyalty credit is only good for another TL or can it be used toward a new RDX lease? I just got a call from my sales guy. My 2010 TL lease is up in Sept. and he offered to get me into a new one for about $389/mo with 12L/yr and around $1,200 down. Looks like a terrible deal compared to the one listed by res332 above. I really would not like to put down more that $600-700 -- all in. Any suggestions? Thx.
  • knudsenjknudsenj Posts: 4
    CarMan, can you share money factor and residuals for Utah for TL FWD and TL FWD Tech for 10 and 12k miles at the Super Preferred Credit Tier. I'd like to run some numbers before visiting the dealership.

    I browsed the forum and didn't see that exact combo. Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi drewdude. The $1,500 owner loyalty incentive that is available on the 2013 TL is good for current owners of any Acura who get a new TL. You can't use it on an RDX.

    September is really far away. Chances are that you aren't going to get the best deal that you could if you get out of your current lease this early. You're going to be better off waiting until your closer to the scheduled end of your current lease to get something new.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello knudsenj. Acura's May buy rate lease money factor and residual value for a 36-month lease of a 2013 TL FWD with 12,000 miles per year in Utah are .00100 and 59% for consumers who qualify for its "Super Preferred" credit tier.

    The numbers for an otherwise identical lease of a 2013 TL Tech FWD are .00100 and 56%.

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

    Acura is currently providing $1,500 dealer cash on the base and $2,000 on the Tech versions of this car. There's another $1,500 conquest / loyalty cash available on top of that. Make sure to take it into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • drewdudedrewdude Posts: 3
    Thanks for your feedback, Car Man!
This discussion has been closed.