kimgyusang

Hi all,

i was wondering if anyone had any experience with this.

i recently received a letter from Honda/Acura stating that they wanted to buyout my lease for my TLS 07 (automatic) in Black.

i currently have 18K miles but no damage otherwise.

my lease is up on january 2010 (leased it 07 of january).

my question is, is this a marketing ploy to get me into a new car? or do they really want my car back (they mentioned that the TLS 07 was selling well, and that they were running out of cars. and since i've been getting the car serviced at acura, they know its been in good condition)

if this isnt a marketing ploy and they really do want my car back, what are my options into getting the best deal for me?

thanks all for your help.

chill_dog

Yes, they want to sell you a new car.

crazyasiantl

iTrader: (7)

lol they want it. the automated phone line from Fresno Acura called me and said that their used car inventory was running low and they need well maintained cars like mine to keep up the used car inventory. and they didnt forget to mention that they were having a great deal on remaining 2008s. keep your car

badconexun

I received an ad from the Acura dealer here in Arlington, Texas stating they would pay 110% of NADA RETAIL value of 2003 - 2006 model Acura's with less than 100,000 miles. This was good towards a purchase of a new 2008 or 2009 model Acura.

I inquired about the deal because I had a 2007 TL-S on lease, but I was putting 30k miles a year on it, and would be tanked in overage mile fees when I returned it in 19 months.

The internet manager I talked to said that this deal was only good for 03 - 06 models, but they would still give me $30k for my car. I ended up calling my brother, who used to be the internet manager at that dealership, and he put me in contact with the fleet manager.

I ended up trading in my car, which had 33k miles on it, a cracked windshield, a few door dings, 2 new fenders because I had been in 2 accidents, and they gave me $35, 200 for the trade. I purchased a 2008 TL with Navi for $37k (I know its almost sticker) but got it at 60 months at 2.9%. It lowered my monthly payments and got me in to a brand new car.

Basically, this helped me get out of some negative equity AND prevented me from owing $8,000 in overage mile fees when my lease was up.

Now this deal worked for my situation, but may not work for everyone. I still can't believe they did this deal and am dreading that they'll call me and try to take my new car from me when they realize what they did.

<{Kris}>

As other people have already mentioned, they just want to sell you a new car. They know that if you let them "buy" your car back, you'll need to find a new car somewhere else, and since you're in their dealership...

Check out Edmund's "Confession of a Car Salesman" article, pretty interesting read.

carlos9827

iTrader: (2)

Yeah I agree, they just want to put you in an 08 or 09 Acura.....

TeknoKing

Brooklyn Bridge is for sale,

pm for details! cheap! must sell now!

platinum1

Yes, they're trying to sell you 08 TL/TLS. Depends on your situation if you want to take advantage of this. I also received the same letter from my dealer where I bought mine new last year. 110% over nada book, but no thanks. I'm happy with mine.

Trew

iTrader: (1)

it might be more tempting if they threw in a free Acura keychain...

01tl4tl

I bet they offered acura in house financing too! where they make money on every part of the sale
At least buying is better than leasing- you still have the car to sell or keep in a few years, and mod it as you like, drive it as much as you want and enjoy it!

TLs mileage doesnt really effect its value- they are good cars that at 100k miles get the first big service it needs, and then runs another 100,000 miles trouble free

What I read of the newer cars- they seem to be assembled in a rapid manner with the cheapest parts found-rattles and thunks galore

01tl4tl

I like the letter acura sends me asking for my RL-- a car I never owned~

<{Kris}>

That actually happened with the Eiffel Tower way back when, some guy actually fell for the scam and "bought" it.

shooter

LOL ... ditto here ... guess they will do everything to get you into the door first .... so I obliged & test drove the new MDX as I wanted to get rid of wifey's Lexus Rx ....

FR4NCH1SE

I dont know about your area, but in my area, there is a big shortage of TLs. I would think, its because they need to sell more.

TL1999

they still want your money!!

csmeance

you didn't get one? I got a bunch of free pens, 3 keychains and some other smaller stuff with my MDX purchase...

Trew

iTrader: (1)

Nah. I opted for the free wing spoiler and $4500 discount on the price of the car instead

On my 08 MDX they threw in a 3rd party entertainment system installed because they didn't have one on the lot with tech and entertainment package.