stevenyc7

I got a 06 TL leased for 42 months. I paid 4k down and paying $398 a month. I got ripped off I know. Car has about 17k on it and I have had it for about 19 months. This is a 12k/month lease. I wanted to trade it in and get the 07 TL S nonNavi (if possible). I don't want another 42 month lease, 3 yrs would be enough. What kind of deal am I looking at? What questions do I need to ask? Also I remember the sales person telling me about a key to key program. Any advice would help.

Thanks

jedblanks

I don't think you can get a non-navi TL-S.

blazinginder

1 there isn't a TL-S non-nav, all TL-S's come with nav

2. Your remaining payments (23 x 398) = 9 154 + your residual value ______ has to be less then the adjusted value of the car by the dealer if you don't want any negative equity going into the "new" TL-S.

let me know what the residual is (if you want to tell me) so I can see in better detail where you're at. Otherwise there is always the option of posting the car on SwapALease.com for $150.

VT06TL

Yea there alot of details we need to know before we can give you our multiple opinions. Is your lease a navi system? what does your lease say on early termination? is there penalties? Are you looking to lease or buy this time? Lots to consider and hopefully if you do get the car you feel better about the deal, but you will be paying more weather you buy or lease.

Indy Paul

If you leased through Honda Financial and are getting another Acura, they will probably waive any penaties. But, as previously mentioned, not knowing the residual of your current lease leaves a lot of speculation on our part. If you have a residual of $20K or less, you may also trying to sell it yourself to break even. Check sites like Edmunds.com and KBB.com to find out the trade in value of your 06 TL given the equipment and mileage you have. That compared to the total of your remaining payments + the residual will tell you if your upside down or not. Plus, wait till the last day of the month to shop for a new one, be willing to take one on the lot, and negotiate right up till quitting time! All dealerships have monthly goals, at that point you tell them, "It's no longer about you making a profit on this sale, it's about you meeting you're goal, and I'm here to help!"

stevenyc7

Thanks for the advice. I'll post up the residual value later one to see what can come of it.