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2013 and earlier-Acura TL Lease Questions
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The amex price of a base TL is 29,583 anybody get one cheaper?
Acura's January buy rate lease money factor and residual value for a 36 month lease of a base 2011 TL with 15,000 miles per year in the Dallas area are .00181 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
When negotiating your lease on this car, make sure to take advantage of the $1,500 dealer cash that is currently available on it.
Car_man
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Btw, does anyone know the latest on when the 2012 TL will reach showroom floors? I'm trying to decide whether it's worth the wait for the exterior design modifications, which look good to me based on early reports and spy photos.
Thanks!
http://www.roadandtrack.com/future-cars/spy-photos/spied!-2012-acura-tl/gallery
I'm looking for residuals and money factor for 2011 TL with Tech and 18" Rims 15,000 miles 36 months in Western New York area and was wondering if you'd be able to help.
Thanks!
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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Car_man
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What are the the residuals and money factors for 3 year / 15,000 mile lease in the Kansas City area on the TL, TL-Tech, TL-AWD and TL-AWD-Tech?
Thanks in advance!
The money factors for the other trim levels that you mentioned are the same, but the residual values are 55% for the TL Tech, 53% for the TL AWD, and 52% for the TL AWD Tech.
When negotiating your lease on these cars, make sure to take advantage of the $1,500 dealer cash on the non-Tech and $2,000 on Tech models.
Car_man
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Car_man
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I need the MF & Residuals for a 36 month lease with 12k on a base 2011 TL & also with Tech in the South Fl area. Thanks.
I'd appreciate if you could let me know the residual and money factor for a TL tech AWD in the Cleveland area, on a 36 month, 10k/year lease.
Also, if you happen to know, when looking at the Edmunds TMV number on a car as a reference point, does the TMV number include current incentives? For example, this TL's TMV is $39,071 - should I shoot for a number like that for the sale price, or $37,071 including the dealer cash incentive that's available? Thanks!
It does not include direct to consumer rebates..
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Car_man
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The numbers for an otherwise identical lease of a 2011 TL Tech are .00153 and 57%.
When negotiating your lease on these cars, make sure to take the $1,500 dealer cash that is available on the base TL and the $2,000 that is available on the TL Tech into account.
Car_man
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Then 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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Just want to compare to Infinity G37 before I decide.
My question is whether I could use that equity as cap reduction for a new lease deal with another dealer (e.g. Infiniti) without having to buy the car out myself only to turn around and use it as a trade in?
The assumption is that the next dealership would want the car I have AND want to lease one of their cars.
Thanks in advance!
My recommendation is to work out a deal without the trade-in, and then when final numbers are agreed on, tell the dealer than you want them to buy your car and use the equity towards the cap cost.
I would go to Carmax and have them appraise the car. We once sold our leased Lexus (that was also way below milage) to Carmax for about $1500 profit. A lexus dealer wasn't giving any equity and appraised it quite low.
I'm looking for the money factor & residual value & Invoice price for the 2011 Acura TL w/ Tech Package for lease in NJ for someone with "top tier" credit score.
My Acura TL (base) is coming off lease in February and we're about 16,000 miles UNDER the mileage. Can this be used to our advantage?
I've already made my last payment on this car I'm turning in...Can I use that to any advantage?
Realistically, what can I expect as a "Cap Cost" on this car. The sticker on the car I test drove was $39,895.
Thanks so much for any information you can provide
Car_man
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Acura's current buy rate lease money factor for a 36 month lease of a 2011 TL in Los Angeles is .00116 for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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I doubt that you will be able to use the fact that you are so far under your lease allowance to your advantage in negotiating your new deal, but it doesn't hurt to give it a shot.
You can find the dealer invoice price for the exact model that you want over in the New Vehicle Pricing section of Edmunds.com.
If I was in the market for this car right now, I personally would shoot for a selling price of around $500 over invoice minus the $2,000 dealer cash that is currently available on it.
Car_man
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Thanks for your reply...I have a few more questions.
According to Edmunds.com the invoice on this car is $40,392 but the one I drove had a sticker of $38,895.
So, do I offer $37,395 (Invoice - $2000 + $500) as a starting point?
Also, if my math is correct the .00153 money factor = 3.672% interest (money factor X 2400) which seems a bit high. When I leased my 2008 TL my rate was around 1.1%. Can that interest rate change from person to person based on the dealer wanting to get rid of a car or is it set by the finance company and can't change.
Thanks again for any information you can give.
I found truecar.com to be a really good site to find out what cars are really selling for right now. Just price the car in your area and then click on "Recent Sales." Then look at the lowest bar in that graph and aim for a price around there. For example, in my zip code (Los Angeles), a 2011 TL Tech goes for around $34,000.
Here is what you do:
Figure out the monthly payment given the MF, Residual Value and sales price of the car. I found this lease calculator to be very helpful:
http://www.leaseguide.com/calc.htm
Then e-mail the the internet sales person at the dealership with your quote (get their e-mail from the dealership's website, sometimes you need to fill out the "Request a quote" box to get their e-mail.)
I got a TL this past summer and here is what I would e-mail to the dealers:
"
Hi blah blah.. I would like to lease...
Can you do this deal?
TL with Navi
MSRP: $39,645
Lease price (Base cap cost): $33,000
Acquisition fee: $595
Down Payment: $1,500
Net Cap Cost: $32,095
RV: 58%
MF: .00162
Term: 36 months, 10k miles per year
Sales Tax: 9.75
Monthly payment: $375.40 (tax included)
At lease signing I will also pay first month's payment, DMV fee (~$468), Dealer paper work fee $40. Total = $883.40"
I e-mailed 4 dealers, 2 said no and 2 said yes.
Another point: Unfortunately the dealer doc fee is a BS fee that varies greatly state to state. Luckily in CA the law caps the fee at $55. However, other states don't have a cap and I have seen dealers charge hundreds. Try to get that as low as possible since all that money goes to the dealership.
good luck!
We were turning in a 2008 Acura TL (base) with 21000 miles on it...15000 under the milage allowance. Hubby & I are in the "super-preferred" tier.
Took all my research to my local Acura Dealer (we had leased our last car there). They started out talking about $408/month with $1500 down for the 2011 Acura TL w/Tech package and FWD.
After several rounds of negotiations here's what we got:
Sticker Price: $39,895
Negotiated sale price: $35,017.57
$1500 Rebate for Customer Loyalty
10,000 miles/year
Roll-over of 15,000 miles into this lease from previous lease
$2500 down (including all the fees & 1st month's payment)
Monthly payment of $359/month for 36 months!
How'd I do????
PS: We went with the Grigio Metallic w/ taupe interior. I LOVE my new car!
Car_man
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Anyone has any ideas? I got an internet quote for #33K plus $860 destination saying the price is valid only for 3 days. I dont believe these numbers as 2010's are already old but do not have any other benchmark.
ANY HELP OR INFORMATION WOULD BE GREATLY APPRECIATED.
You can see what cars are selling in your area at truecar.com.