09 Acura TL Lease Rates – August 2009

logo_acuraMy Take: Pretty much the same as last month. The $2000 dealer cash, which can be used for a lease, is still in effect last I heard. Please refer to this post to get an idea of what a good price should be. Also keep in mind that the sale price does vary from state to state so do not expect So Cal prices if you live in like Wyoming or somewhere were competition is practically non-existent. Yes, the design is controversial, but I’m sure some of you can grow to love it. Just look at Allan’s new TL, he had the dealer paint the silver grill black and it looks WAY better!

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2009 Acura TL

2009 Acura TL Sedan
36-month | 15k miles | residual 56% | .00184 base money factor

2009 Acura TL Sedan SH-AWD
36-month | 15k miles | residual 55% | .00184 base money factor

2009 Acura TL Sedan Tech
36-month | 15k miles | residual 54% | .00184 base money factor

2009 Acura TL Sedan SH-AWD Tech
36-month | 15k miles | residual 52% | .00184 base money factor

2010 Acura TSX Lease Rates – August 2009

logo_acuraMy Take: Not the most attractive lease rates on the 2010 TSX right now. 2009 going to be quite difficult to find right now, so I wouldn’t even bother. I would hold out a little bit before jumping on the TSX. Still relatively new and even my Acura dealer suggests the TSX isn’t worth it since the 2009 TL can be had for just a little bit more. Then again, there is that “ugly” factor on the TL, so I would probably suggest waiting until the MF drop a bit more.

  • Visit THE LIST for a list of recommended leases for the month.
  • Support the site by requesting your quotes from Yahoo! Autos. Click Here to get started.

2010 Acura TSX

2010 Acura TSX Base
36-month | 15k miles | residual 61% | .00243 base money factor

2010 Acura TSX w/ Tech
36-month | 15k miles | residual 58% | .00243 base money factor

2010 Acura TSX V6
36-month | 15k miles | residual 58% | .00243 base money factor

August 2009 Announcements

Not a lot to report this month. We’re only 3 days into the month, so don’t expect any lease rates to pop up until sometime late this week or early next. I did get an email requesting information on the Porsche Moments Program. Here’s what I’ve found:

The Porsche Moment Program

Special 1.9% Financing on 2008/2009 Porsche vehicles. For a limited time select 2008/2009 911 Models have 1.9% financing for up to 60 Months available.

  • 2008/2009 Cayman and Boxster also qualify for 1.9% up to 60 months.
  • 2008/2009 Cayenne models qualify for 1.9% up to 60 months.
  • Special lease rates also available on select 2008/2009 models!
  • Certified pre-owned rates as low as 3.75% on select vehicles.

*Offer is subject to credit approval.

Source: planetporsche.net

Here’s even more info from a dealership in Tampa, FL:

*The Porsche Moment Program gives you 1.9% financing for up to 60 months on the Porsche of your choice.

Get a new Porsche Carrera, Cayman or Boxster with their all new DFI (direct fuel injection) engines and PDK (Porschedoppelkupplung) transmissions that deliver more power, faster acceleration and more fuel efficiency than ever before at a deal that delivers more savings than ever before.

Choose from the Porsche Cayenne series, renowned sports car performance and practicality with an offer that takes practicality to a new level.

*1.9% financing available for up to 60 months with approved credit through Porsche Financial Services on new and demo 2008/2009 models. Not good with any other offer.

I know, not a lot of info, but enough to give you an idea. 08/09 models at 1.9% financing for up to 60 months. Chances are, some seriously decent discounts can be had with the 2008 models.

Moving on…

Infiniti G37 Coupe and M35

David Baker at Cerritos Infiniti is offering his 2009 Infiniti G37 Journey Coupe, Illuminated Kick Plates, Trunk Cargo Net, and Vehicle Alarm Impact Sensor. MSRP: $38,035; Invoice: $35,157; TMV: $36,018. The price he is offering RIDE with G peeps: $34,988. This would be the cap cost for a lease. If you plan to buy, I’m guessing he can sweeten the deal that much more. I think July lease rates run through today, so you can estimate your payments using those numbers. It is also possible that these rates may carry over to August. We’ll find out soon enough. Anyway, this is primarily for Southern California residents. Out-of-towners can also work with him if you are willing to make the trip. Contact David for more details. My take on this deal is that it’s low. Much lower than a lot of offers I’ve seen recently. Just look over the G37 July post and you’ll know what I mean.

Another promo they are running is the M35. MSRP = $46,885. Cap Cost = $43,344. 10k lease. 39 months. 589 a month. Excludes taxes and fees. $2999 due at signing. If you are an existing IFS customer, you get the $1000 loyalty cash you can apply to the drive-off. I’m not super fond of this deal however. It needs work, but looks promising based on some comments in the Lease Guide post.

2009 Z4 Deal by Dave

This is more of a reminder than anything. ’09 Z4 $499 a month plus taxes. The lease rates on the Z4 looks pretty solid. I know the drive-off seems like a lot (almost $5k from what I understand). So remember to ask the right questions. MSRP, cap cost, mf, residual and a breakdown of fees. I know the Z4 lease rates are pretty reasonable right now, so a good deal can’t be too far off. Dave’s been good with providing help and good sale prices to RIDE with G readers. Some have already bought/leased from him, so give him a call if you have questions regarding this car or other models. Dave’s contact info can be accessed HERE.

Warning for Floridians

Here is a nice warning from Onequi, one of the early RIDE with G readers…
“A word to the wise: If you are ever interested in leasing/purchasing a vehicle, DO NOT, STAY CLEAR, of Toyota of Hollywood, Fl.! They are clueless about the entire internet buying experience.”

Cash for Clunkers

You really should get on this if you have a clunker that qualifies. Gov’t did approve $2b more for this program, so please take advantage of it while its still available. The money is drying up QUICK! Here’s a sample deal that Onequi sent me last week on his folk’s Honda CRV:

The CRV LX the Price is

$ 19,986.00
$ 599.95 (Dealer fee)
$ 1235.15 (6% tax)
$ 50.00 (Dade county)
$ 180.00 (Approx Transfer tag)
——————
$ 22,051.10
$ 4500.00 Clunker credit
——————
$ 17,551.10 amount financed.

The gov’t program not only took care of all taxes and fees, it also knocked out about $2400 off the final sale price too.

For more information, go to Cars.gov

Acura TL

Another reminder about the TL deal I was given a few weeks ago. I’m pretty sure the sale prices still stands for those near So Cal. Here’s the previous post if you need a refresher. I saw one over at Costco over the weekend. Not as ugly as expected, but I have not warmed up to the backside of this car. The toothy-chrome grill is less imposing on a silver exterior. The interior is fairly well appointed and it’s priced fairly aggressively, so it’s worth a look if you are in the market for a luxury sedan.

That is all for now. Again, expect lease rates to start popping up sometime in the 2nd week of this month. Best times to negotiate is probably towards the end of the month, but if you have a good dealer that is willing to give you his best pricing early on, by all means, pull the trigger because waiting too long can sometimes backfire (ie. CLK, C350, to name a few bad reason to wait). Also, don’t forget about loyalty programs that allow you to get off your existing least up to 3 months in advance without penalty. I know IFS is offering that until September, so be sure to factor that program into your calculations should you choose to get into a car this month.

Anyone Want An Acura TL Lease?

logo_acuraI emailed my Acura dealer today regarding the 09 TSX w/ Tech and 09 TL w/ Tech to see how they looked like this month.  I was blown away by the numbers he gave me! His 09 TSXs completely sold out, so only the 2010s are on the lot. Next, he has VERY limited availability on the 09 TLs and I can see why (more on that later). Before I get to the numbers, I’m sure you are curious as to why I’m inquiring about lease quotes when I just got an 08 G37 last year and still have 9 months on my wife’s TSX (Well, maybe you aren’t curious, but I’ll tell you anyway. LOL) I’m trying to see if selling the TSX makes more sense than waiting 9 months before replacing it with whats left of the 2010s. This is the 2nd year in a row he’s pretty much sold out (or had limited availability) on the TSX and TLs. I know the wife would appreciate all the Tech and safety features on Acuras (plus we love their lease programs), so I thought it would be wise to take a look. Lets just say I came away SERIOUSLY thinking about this.

The 2010 Acura TSX w/ Tech is not a good lease right now. 58% and 0.00243 is a joke. You’ll be looking at mid to high $400s, so don’t even bother getting a quote this month because you can get similarly equipped 09 TL for a few bucks more.

This is where it gets interesting!

2009 Acura TL w/Tech – $423 + tax, with inception due at signing. Keep in mind I am not using the same exact numbers he’s giving me. This is more of my inception due-at-signing routine, where I keep the fees away from the lease loan.  His exact numbers were $1100 drive-off, $438 a month + tax. That is because he is rolling the bank fee into the lease loan to keep your inception fee lower. Otherwise, you’d be paying around $1600 instead of $1100. Want more numbers? MSRP $39,445 and he’s giving a whopping $6,850 off the sticker price. That’s $3,771 BELOW invoice and $2,216 BELOW Edmund’s TMV (See why TMV is so unreliable sometimes?!?). Need more reasons to consider the TL? Check out The List and you’ll see that the TL actually falls below most cars this month. For a $39k car, that’s pretty darn good. If you want to buy, you can use this price (which includes the $2000 dealer cash) with the 2.9% APR for 60 months.

Now, if you are willing to do business with my Acura dealer, here are some ground rules.

  1. I will only provide you his contact information via email. So you must contact me to get it.
  2. This is a FRIEND referral, not Dealerplace. This means, you must act as if you know me.  I suggest saying you are one of my web design clients or something.
  3. Serious inquiries ONLY. I plan to to refer the first TWO people who contact me about this deal, because it would seem rather suspicious if a flock of people start emailing him within 24 hrs. I don’t have THAT many friends looking to  buy a car right now. LOL.
  4. Please do not haggle. It would reflect poorly on me if you tried to haggle this already low price. I don’t want him thinking my referrals are difficult. You aren’t required to lease from him, but please don’t make me look bad.
  5. Under no circumstances should you mention the RIDE with G website. I’m not sure how he’d react to a site like this, so lets just keep it  hush-hush for now.
  6. Be sure to tell me your name and where you are from, in case he calls me or emails me about you.
  7. This is in Southern California. If you are within driving distance to LA/OC, I suggest that you send me an email.

The way my guy works is simple…He gives me the rockbottom price, below invoice (when the market suggests that’s the case), all  in one email.  I like that.  If you want to shop around your area first, go ahead,I’ve given you the numbers. If no one wants to beat it, you know where to find me.

UPDATE: If you don’t need a TL with Tech, the Base I was offered was $30,196, off of a MSRP of $35,850 (around $5,654 off MSRP). My guess is that the payments should be around $360-$370 + tax. That’s cheaper than my G37 deal from last year which came out to $368 + tax.

2009/2010 Acura TSX Lease Rates – July 2009

logo_acuraMy Take: I hope you didn’t expect the V6 trim to lease really well on it’s first few months. Good residual value though, but I wouldn’t touch it until the money factor drops below .00200. Anyway, the current deal on the 09 TSX is $319.00 per month for 36 months. $3,299.00 total due at signing. As you know, you can negotiate a much better deal on your own. My guess is that the payments can be kept in the $300s and you can cut your inception fees down to about $1500. Anyway, keep an eye on this post, I’ll post the rates of the 4 cylinder models as I find them so you can crunch your own numbers.

Check out the new LIST for the recommended leases of the month.

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2010 Acura TSX

2010 Acura TSX V6
36-month | 15k miles | residual 58% | .00243 base money factor

09 Acura MDX Lease Rates – June 2009

logo_acuraMy Take: Those are some pretty bad residual values on the MDX this month. I’m not liking the money factor either, is still too high for my taste. Invoice price (or below it) should be attainable for the most part, but I’m not seeing any cash incentives that would sweeten the deal a bit more. This is certainly a nice SUV, but not really recommended if you plan to lease.

2009 Acura MDX

2009 Acura MDX
24-month | 15k miles | residual 56% | .00215 base money factor
36-month | 15k miles | residual 49% | .00215 base money factor
48-month | 15k miles | residual 41% | .00285 base money factor

2009 Acura MDX Sport
24-month | 15k miles | residual 51% | .00215 base money factor
36-month | 15k miles | residual 44% | .00215 base money factor
48-month | 15k miles | residual 36% | .00285 base money factor

2009 Acura MDX Sport w/RES
24-month | 15k miles | residual 51% | .00215 base money factor
36-month | 15k miles | residual 44% | .00215 base money factor
48-month | 15k miles | residual 36% | .00285 base money factor

2009 Acura MDX Tech
24-month | 15k miles | residual 53% | .00215 base money factor
36-month | 15k miles | residual 46% | .00215 base money factor
48-month | 15k miles | residual 38% | .00285 base money factor

2009 Acura MDX Tech w/RES
24-month | 15k miles | residual 53% | .00215 base money factor
36-month | 15k miles | residual 46% | .00215 base money factor
48-month | 15k miles | residual 38% | .00285 base money factor

09 Acura TL Lease Rates – June 2009

logo_acuraMy Take: TL lease rates are supposed to have stayed the same, so here they are. Money factor is a bit high, but its okay because the residuals are high as well. Be sure to inquire about MSDs if you want to “buy down” your money factor a bit. I’m still not a hugh fan of it’s looks, but I’m warming up to it. I think if the MF drops significantly, I would warm up to it even more. LOL.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
2009 Acura TL $32,896 $35,715 $526 $456 $650 $540

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Acura TL

2009 Acura TL Sedan
24-month | 15k miles | residual 65% | .00220 base money factor
36-month | 15k miles | residual 58% | .00220 base money factor

2009 Acura TL Sedan SH-AWD
24-month | 15k miles | residual 63% | .00220 base money factor
36-month | 15k miles | residual 56% | .00220 base money factor

2009 Acura TL Sedan SH-AWD Tech
24-month | 15k miles | residual 60% | .00220 base money factor
36-month | 15k miles | residual 53% | .00220 base money factor

2009 Acura TL Sedan Tech
24-month | 15k miles | residual 62% | .00220 base money factor
36-month | 15k miles | residual 55% | .00220 base money factor

09 Acura TSX Lease Rates – June 2009

logo_acuraMy Take: The rates for the 09 Acura TSX should not have changed from May. If they do, I will update this post with the new rates. I’m not seeing any rebates of any kind, but invoice price shouldn’t be difficult to attain in area with strong competition. If you opt for the Tech model, you can probably access some (or all) of the $1250 dealer cash that’s available on that model. I expect TSX leases to improve slightly since the 2010 model should in showrooms by now.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Acura TSX $27,632 $29,970 $421 $366 $523 $435

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Acura TSX

2009 Acura TSX Manual
24-month | 15k miles | residual 66% | .00198 base money factor
36-month | 15k miles | residual 59% | .00198 base money factor

2009 Acura TSX Automatic
24-month | 15k miles | residual 66% | .00198 base money factor
36-month | 15k miles | residual 59% | .00198 base money factor

2009 Acura TSX w/Navigation Manual
24-month | 15k miles | residual 63% | .00198 base money factor
36-month | 15k miles | residual 56% | .00198 base money factor

2009 Acura TSX w/Navigation Automatic
24-month | 15k miles | residual 63% | .00198 base money factor
36-month | 15k miles | residual 56% | .00198 base money factor