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2013 and earlier-Acura RL Lease Questions
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go to the acura.com website, look up specials. your price is the advertised lease special.
FEATURED SPECIAL LEASE: Closed-end lease for 2006 RL V6 5-Speed Automatic Transmission with Navigation System (Model KB1656KW) for $599.00 per month for 36 months with a $205.00 capitalized cost reduction. $1,399.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction. Security deposit waived; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.
Subject to limited
When I went to complete the lease on an RL with Tech, I was told that there is not only no lease special, but no lease AT ALL on the RL Tech. I was told the car is too new to have a calculated residual. Didn't matter, I bought it. At 2.9% for 36 months, I'm making more on regular CD's so it was well worth it.
We've had the car for 4 days, and it's hopefully a keeper. I don't want to reap the praises on too heavily. I have to get used to the slack in quick acceleration, but at 4-5K RPM, it glides blissfully. Oh, did I mention the tech package? Sweet.
Havent gotten into all the difinitive details, but just base line price...$475/Month for 39 months, $3200 down, no trade-in. Seems to be the best deal by about $42/Month.
Two dealerships can make me the $517/Month for 39 months with $3700 down. Both final pricing is with tax included.
I dont know about you all, but it seems that I had to go out of town to see a better deal. I guess where I got the best quote from, was the place where the RL isnt selling that good, and the dealership is having trouble moving them. I know that in my city now, they cant keep them on the lot, and the best deal I have in town is right at $550 a month for 39 months.
Some of you who have been around a while longer in the car game than me, let me know what this looks like to you.
Thanks!
I can't find this lease special on the Acura website. I can only find 2.9% financing, nothing about a lease.
Len
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Car_man
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Car_man,
I am emailing two dealers about this lease. We agreed to up the miles to 12K from 10K for about $510 more (8.5 cents) plus net cap. cost of $43,714, which gave me a payment of $614.
I want to deal for a backup camera next to finalize the deal. I see the list is about $500 plus installation. What should I ask for, $300?
Len
Thanks to you and everyone for your help. This forum gave me the info I needed to drive home a bargain.
I would appreciate if you Could tell me the dealership details. also how many miles a year did you get with the deal
Car_man
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I put down a deposit last week for a new RL and added the review camera for $450. Even the service manager didn't know the price. I had to refer him to the website.
I got --
$600 per month plus tax / 36 months,
36K miles,
$1500 at closing including first payment and document fees,
add review camera for $450.
I was pleased.
Len
Car_man
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- 3 year and 4 year lease
- 10,000 and 12,000 miles/yr
- MSRP: $49,915
- Selling price: $42,250
- Location: Los Angeles
Any other lease information specific to Acura that you have would be appreciated. You helped me out greatly leasing a 2005 RL last year (this lease is for my brother-in-law).
Thank you.
-36 month lease
-15k miles a year
-$49,915 MSRP
-$42,000 sales price
Trying to figure out the payment with 1K down to cover 1st months pmt, sec deposit, tags etc.
Car_man
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Is there a place online where we can access published manufacturer residual/mf rates?
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Car_man
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Can you publish the formula that you use to determine the lease rates so that I can take it to a dealership?
I'mm pretty good with numbers (i do office equipment leases w/ GE, Citi, etc), but I don't know how to organize the numbers on an auto lease.
Thanks
Tallac
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Thanks!
Car_man
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Lease Terms:
------------
Cap cost = 41.2
Residual = 51% = 25,456.65
MF = .00283 = 6.79%
Monthly pay = 657.25
Up Front Costs:
---------------
1st Mo. Payment = 657.25
Doc + Reg fees = 385.75
Bank fee = 595.00
Tax on Bank fee = 29.75
Total up front at signing = 1,657.75
thanks
69cv
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I did lease this vehicle. I forgot to mention it was a 36 month / 12k per year lease. Some 2006 RL buyers on the "Acura RL: Prices Paid & Buying Experience" forum seem to be doing a little better on price (40.8 + or -) but not many in the New England area.
Thanks
69cv
-MSRP: $49,915
-36 month term
-12k miles per year
-$5,000 down
-$658 per month inclusive of all taxes, title, license, etc.
I know very little about leasing and would appreciate any advice.
You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work give you my opinion of this deal if you let me know what this car's selling price is.
For now I can tell you that $5,000 is way too much money to put down when leasing. I always advise community members against making down payments on leased vehicles. The main reason why I do so is if your leased vehicle is totaled in an accident or stolen and never recovered, its down payment essentially disappears. Even though it will make this car's monthly payment higher, you would be better off not making a down payment.
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