My Take: I’m not really feeling the TL and MDX this month. The TL is virtually unchanged from last month, which is a bit disappointing. July was probably the best time to lease a TL because of the dealer cash that was available for leasing (which is very rare). There really isn’t much to say about the MDX either…with a residual this low, I’m not sure leasing is feasable. Unless you can get VERY aggressive pricing on the TL and MDX, I would probably take a pass and wait for the 2010s.
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2009 Acura TL
2009 Acura TL Sedan
36-month | 15k miles | residual 54% | .00188 base money factor
2009 Acura TL Sedan Tech
36-month | 15k miles | residual 51% | .00188 base money factor
2009 Acura MD
2009 Acura MDX Tech
36-month | 15k miles | residual 45% | .00162 base money factor
2009 Acura MDX Tech w/RES
36-month | 15k miles | residual 45% | .00162 base money factor
If I just pay bank fees/acquisition and security deposit at signing, meaning no money down…just first months payment and required fees…what should a 3 year payment look like on a ’09/’10 base TL? 12k miles per year.
I am trying for $400 with taxes included per month. I am in texas but will have the car registered elsewhere out of state so that I dont pay taxes on the entire final negotiated cap cost.
Is that a good number to shoot for?
@akber. I don’t think a 2010 base TL can with for $400 with tax with no money down. The lowest quote I got in July was around $420 with tax, with inception fees due at signing and that included a $2000 dealer cash that is no longer available. Best case scenario is that you get the car at $1000 below invoice, 56% residual (12k) and 0.00188 MF. That would put you at around $430 a month before taxes. If you can shave off another $1000, then you’ll be at $400 before taxes. If you decide to give it a shot, try going a few days before the end of the month. If they gotta meet their a quota for a bonus, they just might help be able to work with you.