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The incentives are there because, in this case, RL sales have not done well at all. Acura needs to continue to move the RL's from inventory, especially given the 2008 model year is not too far way.
A gamble to wait? Perhaps! However, I just don't see the current inventory of RL's being sold if the incentives don't continue or even increase after April 30.
Regards: Dan
Realize that you will take a hit on paper for an extra year's depreciation, yet when you sell it will be a lower-mileage car compared with other 2006s since it has sat for some months on the dealer's lot.
The dead cost on that vehicle (invoice + destination + Propack - incentive - holdback) is somewhere around $42,500 + TTL so the dealer is taking a $3500 loss to move it. You are getting around a $15,000 discount from MSRP. Unbelievable, that's $3500 less than I paid in December 2006 for the same exact vehicle. Grab it. This car is GREAT!!
You should know that Acura has slowed production of RLs for the US in order to balance supply with demand, so I wouldn't wait too long to pull the trigger. The incentive probably won't go away, but the selection might. Many of the deals being posted here are outstanding.
P.S. I'm obviously a big fan, now on my second Acura, but I don't work in the auto industry.
I also have an offer for an 07 RL with Tech package for $44,386, no extras or negotiation on the market support dollars (yet), so the 07 is looking better all the time.
Am I right in thinking the 06 is a bit high given it will be 2 years old in a couple of months, and the 07 needs to come down a bit due to the market support dollars?
Yobi
The 07 RL TECH can be had for about $42K in most areas. Poke around in this thread and you'll see what people are paying.
The '06 with all the extras sounds too high too.
Now have 2 quotes on 2007 with Tech. Both are without the $1400 in accessories I want. One is $44,386 and the other is $43,465 locally.
If my research is correct, I am looking at about $44,900 invoice. Add the accessories and subtract the $3500 Market Support dollars and I should get in around $41,300 to $41,900. I agree on the $42K from the other threads on this forum.
Thanks
Thank you in advance
You should go over to www.acurazine.com and post with other RL owners.
The thing is that they have the $3500 marketing incentive going on right now. $41.7k is the invoice price including the destination fees. This means that brand new your car is selling for $38.2K to $39K in many markets due to the marketing incentive. Maybe you can get $35K to $36K for it.
In reference to your post #941:
1. "....Honda Canada priced the 'come-out' on RLs at about $10,000 more than the US exchange warranted, compared to US pricing. Something smelled bad. So I bought the [Infiniti] 2006 M although I really liked the RL as a vehicle."
It is a well known fact in Canada that pretty much all foreign car manufacturers price their Canadian cars thousands of dollars more than the US exchange rate warrants. This is well documented in the recent spate of newspaper and magazine articles. Acura is no different. As an exercise, I created a spreadsheet comparing this price delta for ten different car manufacturers. Turns out Nissan and Infiniti have one of the biggest price inflations in Canada vs the equivalent USD price. For example, a fully-loaded Infiniti M45 is over $15k more in Canada than in the U.S. after adjusting for exchange rate.
2. "....LAST WEEK HONDA CANADA ANNOUNCES A $6.5K PRICE CUT TO THE NEW RLs!"
In 2007, Acura Canada rolled out a base model w/o CMBS, active cruise control and other electronic features for $6.5k less, realizing that some customers did not want those features. However, equally optioned, the 2007 RL costs the same as the 2006 RL.
I have no affiliation with honda or acura, and I do not even own an RL. However, I rarely come across a post as misinformed as yours, and I felt I should correct your errors as a public service to the forum.
I was shopping for one with tech package but they had only CMBS/PAX one.
Is this a good price? What's the 08 Tech price?
thanks
The one thing that impresses me the most was the fit and finish. The fact that it is made in Japan is an important selling point. Unfortunately, the dealer wants a price that I thought was unreasonable. My sale person said that Acura is cutting production, so they only receive about 1-2 cars a month. At the time when I was there, they had 2 cars on the lot.
An RL at 40 flat with an extended warranty at cost sounds like a good price to me. Basically 10-11k for a much better looking car than the new Accord, gold glove treatment in the service department, better handling, a quieter car, interior quality, and seats plus a myriad of other features sounds good to me.
You have a Security Relock Timer on the car, that if you unlock the doors using a remote transmitter but do not open a door, the vehicle will automatically relock in either 30, 60, or 90 seconds (your choice when you choose it). If you actually open the door, it will remain unlocked...this is a safety feature so you can't lock your keys in the car.
My salesman has his own website, www.acurasearch.com he explains a lot on there.
If we like it, who cares if they are coming out with a new one.
Lets see if I get this correct.
The RL is not in high demand...Acura is offering $4000 cash to dealer incentive to sell...RL with tech pkg lists for $50615, invoice at $45520. If I get the dealer to price at invoice - $4000 for the cash, this comes to $41520. Is this not reasonable? (well, reasonable to buyers, not the dealer).
Using their current 53% residual for 3 yr, 10k miles and MF of 0.00129. Lease is $481+tax. So $515 for me.
Seems too good to be true.