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2013 and earlier-Acura TL Lease Questions

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Comments

  • ozzynyc1ozzynyc1 Posts: 9
    Zorbs99, comparing honda to acura is just like comparing nissan to infinity or toyota to lexus.....Yes, the differences are significant in almost everything other than the engine....Materials, features, level of detail, quality, etc, etc...so YES, Acura is 100 times better than an Accord....It looks different, it feels different, and for sure, it drives different...

    P.S. The best i could get in NY for 36 months, 15k miles, for Base with Tech pkg is $3k out of pocket (including bank fee + first month + dmv + bs doc fees) is $440+tax...Now, having $1500 loyalty from HVT (i'm an acura whore, this is my 3rd TL), made my out of pocket only $1500, which made it a great deal.... ;)
  • mespresmespres Posts: 6
    I am in NY - which dealer did you use.
  • martylibmartylib Posts: 3
    Was this for a TL TECH that listed for $39,445. This sounds like a good deal especially for 15K miles per year. I am trying to lease one now in NJ and got a price of 467 for 12 miles with 2K down.
  • ozzynyc1ozzynyc1 Posts: 9
    I got the car from Plaza Automall in Crooklyn. The sales folks and manager are decent people, and believe me i know most large dealers in Brookyn.

    Toyota, Nissan and others especially in Bay Ridge are crooks. Even Nissan of Red Bank in NJ are the among the worst crooks, and that's not even Brooklyn any more. Staten Island dealeships are among the worst (don't even think of going to Honda or Nissan of Staten Island, they'll rip you off in a minute). You've been warned.

    Plaza Mall Acura guys are decent, if they say they got the car, then they have it. It was a TL with Tech, 15K miles, 36 months, total ouf of pocket $1500 (but remember that Acura paid another $1500 loyalty).....They charged taxes up front so the Acura covered my taxes, and i wound up with $478 a month (tax not really included, but i don't care)...There was no way to do a deal at $478 w/ tax, and 0 out of pocket.......

    The car is freaking sweet...It drives much softer than my '05 TL, it felt like you sitting on rocks in the back in '05 model, it's also more responsive. The tech package is worth every penny, even if it would cost an extra $1k i would still get it!!! Honda thought of every detail in this car. Grab it, you won't regret it..
  • ksopherksopher Posts: 6
    Does anyone have the April 2009 money factor (super preferred tier) for the TL? I'm planning on a 36 month lease on the FWD tech package. Thanks!
  • ksopherksopher Posts: 6
    Thank you alliecat1. Taking delivery on Monday - FWD w/Tech. Can't wait! Still need to settle on a color though. Have it narrowed down to PMM, Palladium, Black, Grigio, or Borealis Blue...decisions, decisions... :)
  • I too am having a hard time picking a color. Had black...several cars, never again, silver or white are my choices right now. The light blue looks horrible in my opinion...kind of a weak baby blue. Grigio has a hint of green in it. Polished metal would be my probably 3rd choice. But if you like maintaining a paint job then go for the black but EVERY scratch will show. Also, down the road for resale value your "staple" colors will sell better--white, silver, grey, black.

    Just my .02 cents for you.
  • ksopherksopher Posts: 6
    And the winner is... Grigio with Ebony interior. The dealer (Norris Acura - Ellicott City MD) happened to have all the ones I was interested in lined up on the lot, so it was easy to stand back and compare. Borealis was way too blue - old ladies only need apply. The black is too flat, and my wife's flat black MDX shows every scratch, so that was out. I liked the ebony interior - it always looks clean no matter what my kids do in the car (they're 10 and 12) - which helped to eliminate the Palladium and PMM. Both are really sharp colors, but the dark interior is very visible in the car, which overpowered the silver and light gray exteriors (window tinting could help). Also, the PMM was lighter gray than my Volvo, which is already a mid-line gray. So it was an easy decision for me to go with the Grigio. Funny, my wife swears the Grigio looked more straight "charcoal gray" but the PMM had a hint of blue in it. Guess it may be the lighting when you look at them, or what you had for lunch. We were outside on a partly cloudy day. Either way, it's a solid roundup of colors to choose from. Lucky to have the problem. Took delivery this afternoon and LOVE it. It's supposed to rain the next two days so I guess I'll leave it in the garage and wait to return the off-lease Volvo after the weather clears up.

    Thanks all to the posts in this group and specifically replies to my messages.

    Now a proud poppa of a 09 TL FWD w/Tech Package, Grigio w/Ebony :)

    If you're buying in the Baltimore, Hartford, Frederick, or Montgomery areas of central Maryland, I can't recommend Norris Accura more highly (Route 40 off of I-29 at the I-70 interchange). This is our third Acura, second from Norris, and it's been top-knotch in every way. Call and ask for the internet group guys - If you did your homework ahead of time they'll get you to your price. If you're going out to Frankel, from Owings Mills, Pikesville or Towson, it's only and extra 2-5 miles to Norris and well worth the experiene.

    Keep up the good work and thanks again.
  • jrayerjrayer Posts: 3
    Dear Car_man,

    Can you please give me the April residual and MF (36 months and 12,000 per) for the 2009 TL SH-AWD Tech? Thanks in advance.

    Jeff
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new TL, luk4my09tltek. Thanks for taking the time to let us all know how everything turned out. If you'd like, you can stop by the Dealer Ratings & Reviews discussion to share your thoughts on your recent dealer experience as well. Enjoy your new ride :shades: !

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Welcome bluevaliant. You definitely should have the dealer spell out exactly what is included in the amount that is due at lease signing before getting to the point of looking at the contract. I always advise consumers to put as little money as possible down when leasing. Those who make large down payments risk losing part or all if them if their vehicle is totaled in an accndent or stolen and never recovered. Even though it means that your monthly payment will be higher, it is much saver to go with a zero down lease.

    Dealers in New Jersey have to add sales tax to cars' monthly payments, but it is impossible for me to know whether this has already been done on the $425 payment that you were quoted. Make sure to find out if it already includes sales tax before proceeding.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Yes, squared1, The dealer cash, $1,000 on base models & $2,000 on models with Tech, is still available in April.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    The Acura TL's special lease money factor is exactly the same in April as it was in March.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out, Sam. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Acura TL AWD with 12,000 miles per year are .00237 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00237 and 59%. The money factor for a 39 month lease jumps to a less attractive ,00300.

    All of the above money factors are for consumers who qualify for Honda Finance's top aka "Super Preferred" credit tier. Its 10,000 mile per year residual values are 1% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new TL, ksopher. It certainly sounds like you had a pleasant dealer experience. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on this dealer with others. Enjoy your new ride :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Jeff. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TL AWD with Tech and 12,000 miles per year are .00237 and 56%, respectively for consumers who qualify for its "Super Preferred" credit tier.

    When negotiating your lease on this car, make sure to take advantage of the $2,000 dealer cash that is currently available on it.

    Car_man
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  • billyperks2billyperks2 Posts: 378
    In message #1887 you said the residual for 36 month, 12K miles , TL AWD is 59%.
  • amy9amy9 Posts: 13
    The values in message #1887 are not for the TL with the Tech package...Is this the reason for the 3% difference in those residual values?
  • amy9amy9 Posts: 13
    Does anyone know if the residual value would apply to the splash guards ($153 + installation) and the Leather Select Knob ($122 + installation) for the 09 TL AWD tech? I know most accessories items do not have residual value and some do...these sounds like items that might fall into the "do" category.

    Also, I read a post in March that if you are a current Acura lessee you can get an additional $1500 reduction? Is this true and if so is it still current for April?

    Thanks so much! I really appreciate your help!
  • billyperks2billyperks2 Posts: 378
    Accessories have nothing to with residuals, residuals are based on the trim of the car, mileage and lease term duration.
  • giants3giants3 Posts: 2
    I have a FICO of 745 and my wifes is higher. On my second TL lease, it is ending in one month, 2005 TL only 30k miles. I have been going back and forth with internet sales and can only get the advertised site lease. I have heard about the Acura money here and the higher tier on credit. Should I not qualify for all of the above. Also I am told the lease terms are changing 5/4/2009 any idea?

    Thank You
  • billyperks2billyperks2 Posts: 378
    With that score you are what Honda describes as "Super Preferred", hence you qualify for their ridiculous high money factor of .00237 (5.689%). I would advise you to wait it out until they come to thier senses and lower it back to what it was in December .00165 (3.96%)- I am on the sidelines waiting for a better money factor and cash to customer.No way I am going to be paying in the five hundred dollar range for the TL AWD.
  • giants3giants3 Posts: 2
    Thanks. I only have a month left on the current lease so I am waiting for the terms to be announced on 5/4 by Acura.
  • Anyone know the variance (if any) between the April and May lease programs? Looking at TL Tech. Thanks.
  • bbyanksbbyanks Posts: 12
    As far as I know, the money factor went down to .0022, but the residual also went down to:
    Base TL 61%
    Tech 58%
    SH -AWD 59%
    SH-AWD Tech 56%
  • billyperks2billyperks2 Posts: 378
    MF still too high in my estimation.
  • Honda usually has a high MF to coincide with their high residuals. If you look, the TL tech is within the same price range as a Maxima with nav and I know i rather be driving a TL. Its quite rare, usually around Nov/Dec that they have a slightly lower MF and there are rebates cause the new model years are out but thats every manufacturer and some people need cars now. I know last month I leased a 09 TL with Tech for $440/month with NJ tax, Bank Fee included in payment. Only first month and reg due at inception. Thats a great deal
  • billyperks2billyperks2 Posts: 378
    Wish I could get the AWD TECH for that monthly payment with only fees down.
  • jmcmannisjmcmannis Posts: 39
    I just got a quote from my local dealer here in Pittsburgh, PA. Here are the numbers he gave me for an SH-AWD with Tech:
    Sale Price: $40,235
    Residual: 55%
    MF: .00220

    With $3000 down that equates to:
    36/10,000 lease: $597 with tax
    36/12,000 lease: $615 with tax

    I'm not sure if his sale price is complete out the door or only destination or what. In my mind it's about $2000 too high. I still have 2 months left on my current lease extension so we'll see. I know when I was looking back in December they weren't discounting much off the car. I was just about to go with a dealer a couple hours away because it was a much better deal. I think I'll contact them to see what their best price is now.
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