Futbol90x

Hey guys I have never lease before anything i should know or ask about leasing a acura car?

ggesq

iTrader: (1)

Pretty recent thread with good info you can use: https://acurazine.com/forums/fifth-g...dvance-947666/

Good luck and welcome to AcuraZine.

KeithL

Find some online articles about leasing. You want to negotiate the actual price they are charging for the car and then the residual value. The you want to ask the dealer what the money factor is, take that and multiple by 2400 and that will give your the interest rate they are charging you. Lease interest is typically higher than new car loan interest if the manufacturer is having lease incentives they subsidize the rate and cost of car. On my 15 AWD Advance the lease rate is .03% so basically free money. Also note that there is generally an acquisition and hand in fee of a few hundred dollars each. You also have to determine the mileage you will buy in the lease. If you go over the mileage there is usually a .20 or .25 per mile fee. Acura I believe allows you to use the normal wear and tear allowance to pay for half any overage. The car needs to returned in good shape, they typically allow for up to $1500 in estimated damage with no one damage to exceed $500. Also the tires need to have usually 4/32 or 5/32 on them or they will charge you for tires.