I hear the residuals this month for a lease on the TL are as follows, can someone confirm?

2005 Acura TL w/ Navi (Auto)
42 Month Lease
12kmi

Residual = 55%

Would definitely appreciate a response from anyone who might know!!

 

I pick up my TL Navi auto tomorrow, and it is leased (but in Ottawa, Canada). MSRP = $44,300 CDN, residual on 39 month lease = $20,821 CDN (47%). I went with 39 months because lease rate is 3.9%.
A 42 month lease now has residual of 46% in Canada (taken from lease/finance calculator on Acura's web-site). Your number seems high for end of model year, but check on Acura's US site.

 

Wow, Canada's residual is VERY low. I hope you aren't getting a bad deal.....

The residual I am getting is from the dealer I am working with, so I know it is accurate. I thought it actually might be low myself. Has anyone gotten anything higher than 55% on a 42month lease? 12k mi?

 

When I got my '03 new, the projected residual after 42 months at 15k miles was like 52%. However, based on the current market value, I think it'll be more like 45% when the time comes (mine is up next July).

Good news to people who are not looking to buy it out at all, because higher residual means lower price and therefore lower payments. But Honda/Acura is not known for budging on their residual values, so if you plan to buy it out (like me.... I've put in more than 10k dollars not counting labor as I do 98% of the work myself) then you might be screwed.

I will probably start talking to Honda Lease Trust in April about buying it out and negotiating on the buy-out price. Until then, I can't give any solid info. But overall in general, Honda/Acura seems to be on the optimistic side when it comes to residual values.

 

mine is about 53% for 42 months with 15k