Big Ped

If you do not mind, please tell me what lease deals you got when you got your 04 TL or 04 TL w/ Navi. Looking for 15K per year. I need to get a better sence of what everybody else is paying and I'm affraid I might not have gotten such a great deal when I leased the 02 TLS w/nav. So 3 years later I'm looking to get better informed and empowered during the dealer negotiations. Please help me so that I can enjoy the new one as much as you guys are.

I live in Los Angeles, CA and will be turning in my 02 TL Type S w/ Nav with about 30k for a new one. I'm either looking to get a TL or a TSX if I can't reach my goal. Thanks in advance.

brucedeb1

The best price I have seen on this forum for lease is from JimmieGreek. Try to search for him on this forum if he doesn't reply to this thread on his own in the next day or so. You can also do a search looking up best price in LA. He is in Torrance. He doesn't work for a dealer, he is an independent I understand.
I can help you if he can't. My dealer guys were great for me, but I bought and have no idea how they will do for a lease.

abwolf13

I just leased a 04TL with Nav at Downey Acura.
15K, $3000 down, $445 a month. (Included the protection package)

Big Ped

Thanks! I'll look him up. I am trading in my 02TLS/Nav. with only 30K in excelent condition. So ideally, I'd like to pay nothing (money down) and drive off with a new TL at a comfortable monthly payment.

Big Ped

Looked and can't find him. Not on the User list either. Maybe I'm doing something wrong.

brucedeb1

I just searched for Jimmygreek and found his user id. I sent him a pm to search for this thread and reply to you. I am sure he will as he has been promoting the deal all over the Forum. Good luck. Again I would be glad to help you if you need it. I am in the South Bay as well as Jim is.

Big Ped

Thanks for your attention and support. I did find him and sent him a PM. I think it is jimthegreek. Once again, thanks for following up. It is great to find good people willing to help others. Take care Bruce.

jimthegreek

Hey, i sent both of you pm's back.. The current lease special that i had is no available for right now.. We sold 11 TL's in the past week, but unfortunately, the residuals and money factor are changing this morning, so until i find out where we stand. Ill let you guys know..

brucedeb1

Thanks Jim, I got the PM. When things calm down for me and allow me time I will contact you to get together.
Bruce

moeronn

How long is your lease term? They are the dealer that should have my non-navi TL in this week. That monthly sounds pretty good, depending on how long of a lease it is.

jimthegreek

His lease sound like a 48 month lease and probably plus tax per month... its low becuase of the cap cost he put down. he basically bought down his payment with the extra 2000 he put down.

tonyg24

my input on it...i got automatic with navi for 2500 out of pocket...42 months...12k miles....468 a month...all taxes included...

Kooz

Here's my deal:

0 out of pocket, 15K, 42 months - 6sp with Navi - $528/mo.

Matt

Big Ped

When I got the lease on my 02 TLS w/nav in May of 2001, out of pocket was 2200, which included first month payment, total taxes, and $500 cap cost reduction. The monthly is 467 per month. I though it was a good deal. I know that the 04 TL is a bit more expensive, but considering that I am turning in this car do you think that I could possibly get the same deal or lower monthly? What did every body else get?

jimthegreek

No. Teh residuals have drastiaclly changed since the 02 and 03 models on all vehicles. The residual on my '03 TL-S is 59% for 36 months, opposed to the current 53% for 36 months, which means youwill be paying for more of the depreciation of the vehicle.

Trojan Horse

Couple questions - Is there a formula that American Honda Finance uses to determine the amount of penalty for early lease turn in? If so, what is it?
Reason I ask is that I have a 03TLSNav. Got rear ended last fall and finally settling up the Diminished Value claim with insurance company. I'm getting $4k check. Would like to turn in the 03 and get into an 04 if I can for the same lease price (36 mo @ $396/mo). I'm thinking that I may be able to get close on the payment w/ the $4k down - but not sure how much the early turn in penalty is. Would want 04TLNavi Auto. Hopefully someone knows how they figure this early turn-in amount.

TLXLR8S

i think they just charge you the monthly costs for the rest of the lease.

Trojan Horse

If that's the case, it makes my decision easy.

rynpamn21

got mine 0 down, 12k miles a year 542 a month w/ the PROTECTION...CERRITOS ACURA...OH YEAH i traded in our old leased CRV which was still under its miles

Trojan Horse

Spoke to AmHonda Finance today, confirmed that early termination of lease does require you to pay the remaining payments.
However, since the car was repaired after the wreck and Acura did the work, I was told that I won't get hit at the end of the lease with a penalty just because it was wrecked. The $4k diminished value check I'm collecting from the insurance company is then applied as payments on the lease. So, I won't have to make any payments for the next 10 months!
I would have never known about filing a diminished value claim had my insurance company not told me to do so. If any of you ever get hit by somebody, make sure you go after a Diminished Value claim. I had a company out of Bath, OH called "Vehicle Information Services" prepare the report. Did a good job.

Big Ped

Dude, that is excellent. I did not know that either. That is why I love this forum. Knowledge is power.

TL23

Here's my lease:

04 TL w/ Navi 5AT
36 months 15k/yr

$484/month

$2000 out of pocket (around $1300 cap cost reduction + tax, tags,etc.)

selling price $32820 + $595 acquisition fee

money factor .00225
residual 56% (i think)

Big Ped

That is excellent. Where did you get your car from? I live in CA now, but originally moved here from NY. I got my car from Waine Acura in NJ. In your neck of the woods. My negotiated price was 32400 from 33710 and had similar numbers, and my payment was 467 in the end. So bottom line, you got a much better deal since the new one is worth more. My residual was 60% at the time. Congrats and enjoy. When did you get your car so that I know if the number are applicable now?

abarsami

I sent you a pm. If you can send me the contact info of the sales person in downey where you got this deal. thanks

abarsami

Is it 445/month + tax?

acura911

i have a black on black with out nav and i pay 384 for 41 months