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2013 and earlier-Acura TL Lease Questions

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  • Welcome back maxlev. I know that you can lease an Acura with only 10,000 miles per year, but I'm not sure about 7,500. You'll have to ask the dealer if that is a possibility.

    Acura's January buy rate lease money factor and residual value for a 36-month lease of a base 2012 TL with 10,000 miles per year are .00098 and 60%, respectively for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • asifpasifp Posts: 5
    Hi,
    I went today to check the lease price for 2012 Acura TL sh awd..dealer gave me following rate..initial out of pocket 1647$ which inlclude registration tax and documentation fee ->>>434$ /month for 36 months 12k miles/year..

    If zero out of pocket then it would be 469/month...is it a good rate please let me know if any one has got it cheaper than that? i have to make decision by monday..

    these were the numbers dealer gave me

    actual price is 40040$ but selling price is 35200$
    MF=.00098
    Redidual 57%

    Thanks in advance
  • steelrsteelr Posts: 1
    Is this good?

    2012 Acura TL base model
    $1500 includes 1st payment, tax, title.
    12,000 miles
    $469 per month for 36 months

    Thanks in advance.
  • asifpasifp Posts: 5
    well i got this rate so far which sounds very good

    2012 TL base with AWD 12kmiles/3years 1647 out of pocket 401$ for 35 months
    2012 TL FWD with Tech package: 12K miles/3years 1646 out of pocket 418@ for 35 months..

    i am in NJ
  • nissanmaniacnissanmaniac Posts: 3
    edited February 2012
    well just got my TL SH AWD with tech for 456 a month, 12000 a year, out of pocket 3600.
    bottom line was I stick with msrp 39100 and he gave me on 31st january night.

    so by paying 3600 i bring AWD down to TL SH AWD MSRP. I had the best offer for TL SH AWD through car woo for 35500, so I went to my local dealer and showed him the quote ( I did not wanted to drive GA or Columbus OH)
    so by paying 3600 I bridge the GAP of AWD with AWD with tech.

    bottom line there is a big difference in TL AWD vs TL AWD with TECH, so my reco is to go for AWD with TECH.
    I wanted to buy MAXIMA but got the best offer for 34500 so the gap was only a $1000. let me tell you this thing rocks.
  • my suggestion, why base even you have tho pay 1500 out of pocket.

    negotiate on MSRP bring dealer down to 39000 or 39500 for AWD TECH and then pay 3600 out of pocket and drive for 456 a month.

    after driving for 5 days I can feel the difference. with AWD AND TECH GADGET I LOVE THIS BEAUTY AND I AM SURE YOU WILL TOO.
  • These lease rates sound better than what I've been able to get from the dealer in NH - this is after wasting 2 hours in the dealership in the first day.

    I want the AWD version...all they had were packaged up versions and with $3,000 down (12k miles - 36ms), we started at over $500 per month to lease.

    I have it down some but so far from what Cadillac (as one example) is offering on a CTS Coupe or Wagon at the same general price range.

    I may take a drive to one less local.
  • I recently got quoted $427 a month (with tax about $460) for an Acura TL Tech (3.5), 12k miles for 36 months. Is this a good deal?
  • Hi Car_Man,

    I am looking at leasing a 2012 TL AWD & Tech Package - 3 yr/12k miles per year.

    Can you give me the MF and residual on this?

    Also, is it best to wait until President's Day weekend for extra incentives?

    Anyone else:
    I am trying to get a deal at about $475 per month (tax included) with only about $1,500 total down (including Tax, Title, License). I am going to try and negotiate about $5k off $43,770 msrp, Using cap cos of $38,770, a .00098MF and a 57% Residual I get to $477 per month. Of course I will then have to come up with about $1,500-1,750 to put down.

    Has anyone gotten a deal like this? Or can you do better?

    Thanks.
  • asifpasifp Posts: 5
    yes its a very good price.I got mine 2 weeks ago at 459/month zero down zero out of pocket for 2012 Acura TL FWD with Tech..for 36 months 12K miles.
  • Here's the information that you're looking for mikevi7. Acura's February buy rate lease money factor and residual value for a 36-month lease of a 2012 TL AWD Tech with 12,000 miles per year are .00098 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    It is difficult to say whether Acura will introduce any additional incentives for President's Day weekend. Typically Honda / Acura's special holiday enhancements involve improved finance rates, such as 0.9% for 5 years rather than additional cash incentives like Nissan employs. Having said that, it wouldn't hurt to wait just in case they do make an enhancement tot he programs .

    Car_man
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  • Car_man, do you have the february lease numbers for a 10k/36mo and 12k/36mo lease for the base TL?
  • jesternyjesterny Posts: 3
    edited February 2012
    I am new here and new to leasing. I have a question. I am supposed to go tomorrow to complete the leasing process at my local dealership but I am not sure if I got a good deal.

    Does the following sound ok?

    Lease with Option to Buy

    2012 Acura TL SH-AWD with Tech Package:

    $5000 Due at signing (This includes Down Payment & ALL Fees, Taxes, Title, Etc.)

    $450/ Month Total Lease Payment

    10k/Year Miles Allowed

    I only have 24 hours before I sign the papers and make the commitment so if anyone can respond soon it would be greatly appreciated.

    Thanks in advance. :confuse:
  • no, in my opinion that is not a great deal.

    i would shoot for this:

    $2,000 due at signing (all in)
    $460-485/month (all in)
    12k/year
    36 months

    I would never put that much down on a lease...if the car gets stolen or totaled, you will lose your entire down payment.

    hopefully this was helpful
  • Thank you for the info Mikevi7.

    It actually took me 2 hours of going back and forth between the dealer and the manager to get this deal. My income will only allow me to pay a maximum of $450/month, so I thought the $5000 due at signing was a good deal. Thanks for the heads up.

    I forgot to mention that the $5000 also included the first months payment and all taxes and bank fees. So it's probably about a $3400 down payment and the rest is all the other fees and taxes. (If that makes a difference??)

    They have had me waiting 3 days while they locate the color I want, I already planned on asking them for an increase to 12k Miles/year for the inconvenience. They are also giving me a loaner at signing until they receive the color I wanted. (Not happy about that, but its better than nothing.)

    At least now I have an Idea of what I should be paying. For $450/ Month for 35 months maybe the Total Due at Signing should be about $3500-$4000...? Does that sound about right?

    Thanks again, Sorry for the noob questions. I just don't want to get screwed cause I really like this car and I never leased before. I just can't pay more than $450/Month. ;)
  • I am turning in my 2009 Tl Base with Tech. I was offered a 2012 TL base with Advance Pkg. for $550 a month (all in) for 36 months and 12k miles. and they will take me out of the last two months of the lease. I am presently paying $499 all in.

    Is this a good deal. I can wait the two months to turn it in until the lease is up also.
  • I sure do vulches. Acura's February buy rate lease money factor and residual value for a 36-month lease of a base 2012 TL with 12,000 miles per year are .00098 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    The residual value for a lease with only 10,000 miles per year is 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • new2leasing1new2leasing1 Posts: 2
    edited March 2012
    CAR MAN:
    I NEED YOUR ADVICE/HELP. Please help me out.
    I am leasing the Acura TL (first time lease here)

    This is the best offer thus far, not sure if its good though:
    -2012 Acura TL (ADVANCE) standard (NOT THE AWD)
    -15,000 miles (36 month lease)
    -$1960** down/ $470 plus taxes monthly (taxes are about $28 per month) (transfer tag fee included (about $100) & they will pay for first month (about $498))
    So the down payment really is about $1362 with the first month & transfer title fee covered by the dealership.

    PLEASE ADVISE IF I SHOULD JUMP AT OPPORTUNITY OR WAIT. THANK YOU!
  • jesternyjesterny Posts: 3
    edited March 2012
    I just Leased a 2012 Acura TL SH-AWD Advanced.

    Paid $4,000 at signing (This included Down Payment, Tax, Title, Registration, Bank Fees, 1st month Payment, Tags, and ALL other Fees and NYC Taxes)

    Payments are exactly $450.00/Month for 35 months.

    12k Miles/Year

    Free Vehicle Swap after 16 months (If I want to, doubt I will)

    I'm new to leasing, Was this a good deal?

    Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Welcome new2leasing1. Do you happen to know this car's selling price? That number would be very helpful in my evaluation of your deal. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is much more difficult to tell how large a dealer discount you are being given and in turn if there's any room left to negotiate.

    Car_man
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  • CAR MAN:
    Thanks for the quick response. I am trying to get the car by the weekend, if its a good deal.

    The Selling Price for the above mentioned car is $35,943. I also asked him for the amount for the car "Out the Door" in case you needed it and that would be $41,000.

    This was the amount for the lease:
    -2012 Acura TL (ADVANCE) standard (NOT THE AWD)
    -15,000 miles (36 month lease)
    -$1960** down/ $470 plus taxes monthly (taxes are about $28 per month) (transfer tag fee included (about $100) & they will pay for first month (about $498))
    So the down payment really is about $1362 with the first month & transfer title fee covered by the dealership.

    THANKS CAR MAN!!!
  • car999car999 Posts: 6
    What #s should I be looking for: price, residual, factor
  • ed41ed41 Posts: 1
    edited March 2012
    Unable to understand how a $369 sign & drive rate (36 mo.)on a base model turns into a $482 rate by adding a tech package. Negotiated sales price on Tech was 35,887. 10K per year, Nothing down.
    Thanks
  • dolsey01dolsey01 Posts: 69
    I'm seeing $1750 on standard and $2000 on Tech models.
  • hello jester

    I think you should put the least amount down towards leasing any vehicle. I9f you put less down your payment will higher but at the end if the car gets stolen you would not loose all the money you put down.
  • elrikkelrikk Posts: 2
    edited March 2012
    Did I do ok?

    NJ lease, 2012 TL (base) 10,000 miles per year. 400 per month for 36 including NJ sales tax.

    NO MONEY OUT OF POCKET. All mv and fees rolled in.

    Any advise would help.
  • vulchesvulches Posts: 17
    What was the sales price (including destination) and money factor? The residual is set by AFS, but the dealer can modify the money factor and the sales price determines the amount of depreciation you're essentially financing from Acura.
  • elrikkelrikk Posts: 2
    Hard to figure that out b/c we are rolling so much into the lease.
  • robertw477robertw477 Posts: 186
    I have leased cars since the 1990s. From Honda/Acura mostly. Honda/Acura the best leasing company. I have NEVER paid a thin dime on downpayments/cap cost reductions. NEVER. Sign and drive only. As far as I am concerned money down is a scam.

    For example lest say the car is $300 a month 36 Months with ($3600 down) (The down money represents no tag fees or taxes in this round example. That to me a $400 car payment. If I tell the dealer sign and drive ONLY and they quote me $400 a month, that is the goal on a lease. Not to put down money. In some stupid cases I have seen large down payments and the dealer will say the lease is only $250 a month. They assume people are stupid. That is why most leases are (as clark howard calls them) fleeces.

    When I ask a dealer who talks downpayment money for a lease they usually say the customer wants a lower monthly payment. What a joke. If I buy a million dollar house with 500K down its still a million dollar house.

    Rob
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Yes, car999. The two most important numbers to focus on when leasing (other than the payment of course) are your vehicle's selling price and its money factor. Those are the two main profit centers for dealers on leased vehicles.

    Car_man
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