TL and TSX money factors dropped since May. Other than that, everything else stays the same. As good as Acura programs are, I still find it difficult to see how their leases are financially attractive. Money factors were more than likely dropped in response to price hikes due to production shortages. I was really hoping that this year would be the year where we would see great leases like we did three or four years ago. It’s not looking like that’s going to be the case.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
2011 ACURA MDX BASE
MSRP – $43,440
Sale Price – $40,754
Monthly – $519+ tax
RWG Rating – 85.3
For Dealer Quotes, Click Here.
2011 ACURA MDX BASE
36 month | 15k miles | residual 57% | .00103 base money factor
2011 ACURA RDX AWD BASE
36 month | 15k miles | residual 55% | .00126 base money factor
2011 ACURA RL BASE
36 month | 15k miles | residual 52% | .00190 base money factor
2012 ACURA TL BASE
36 month | 15k miles | residual 62% | .00186 base money factor
2012 ACURA TL SH-AWD BASE
36 month | 15k miles | residual 60% | .00186 base money factor
2011 ACURA TSX 4DR SEDAN AT BASE
36 month | 15k miles | residual 60% | .00151 base money factor
2011 ACURA ZDX BASE
36 month | 15k miles | residual 57% | .00121 base money factor
2012 tl base
$36490 msrp
$33000 selling price
$500 total due at signing
$387/month 36 months 12k miles $500 total taxes assessed on lease because of tax credits in texas.
what do you guys think? pull the trigger?
I would do it. That looks like a solid deal, specially in Texas.
Seems decent… Get them to throw in the all-weather protection package to seal the deal. (winter floor mats and trunk tray)
Lol although you live in Texas!! I just realized this.
My Acura sales person just told me today that there are loyalty incentives of 1,700 total available for the ’12 TL until July 7th.
Ooh nice! that would explain how Rolan got such a fat discount on a 12 TL.
A local dealer keeps calling me to trade in my 09 TL Base early (1 year left on the lease). The deal currently on the table is $494/month for a 2012 TL Tech FWD with 12,000 miles per year, all in with sales tax. The only upfront money would be the first month’s payment. I am going to push it down to $485/month. Thoughts?
David, your deal looks promising. I don’t know how they are doing this though. Here’s my estimates:
MSRP 40220
Sale 36537
MF 0.00186
Res 61% (I’m guessing here since the Tech is usually 3% lower than the TL base, but you are going 12k which boosts the residual 2%)
Monthly – $447 + tax, with inception due at signing, about $1000.
Since your deal is just 1st month only, you roll in the $1000 into the sale price and then I get $477, which still requires that you factor in taxes. In other words, my estimates are higher than their quote.
I still think its a bit expensive though. TL not leasing all the well right now due to a high money factor.
2011 MDX w/ Tech Package, 36 months, 10k miles/year, Northern NJ
MSRP 47,115 / Sales Price 43,511
MF 0.00103 / Residual 58%
Up front fees $2,011:
Acquistion Fee: $595
Documentation Fee: $279
Tax on the Acquistion fee and the Documentation Fee: $61
First Months Payment: $560
NJ DMV: $334
NJ Tire Tax: $7
Luxury Tax: $174 (Geez I hate NJ!!)
$523/mon + tax. Seems crappy, considering I’m turning in a 2008 MDX w/ 20k miles that I pay $488 (incl taxes)
@REITdude,
I’m getting 522 a month with your inceptions paid upfront. Since you aren’t getting a lot of miles, it isn’t as great of a deal as it could be. You’re getting a 83.1 rating, because of the lack of miles you are getting on this deal.
G –
The story from the dealership is that used cars and are paying a premium right now, which benefits my ‘trade’. That coupled with the $1,750 in incentives is how the deal is coming in so low.
I was not in the market for a car, but my existing TL is going to need a 30,000 mile maintenance and new tires soon. Since the TL Tech was high on my list for my next car, it makes sense to pull the trigger a year early for the right deal.
@david. If you have been waiting to do this for some time, it does make sense to take advantage of the incentives. However, I still feel money factor is a bit high, which sort of offset the incentives a bit. With that said, it could be possible that the deal gets worse, if you feel comfortable with it, take the deal.