LEASE residual values 2008 TL

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Old Mar 8, 2008 | 10:54 AM
  #1  
jpullano1@netze's Avatar
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From: Chicago, IL
LEASE residual values 2008 TL

Does anyone have the residual values, lease factors and current lease incentives?

I am looking to lease for 36 months a TL-S with 15K miles. Thanks.

Also, anyone trade a car in comming off a lease with over miles? What was your experience?
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Old Mar 8, 2008 | 11:50 AM
  #2  
Bearcat94's Avatar
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From: N35°03'16.75", W 080°51'0.9"
I've never heard of any latitude with over-miles. $0.15 or $0.20 per mile (whatever is in the contract). If it's a few hundred miles, not a big deal; If it's seveal thousand .... $$ .

I did get a few hundred dollars consideration (i.e. waived) for "Excessive Wear and Tear" from Acura on a previous lease.
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Old Mar 8, 2008 | 01:56 PM
  #3  
Be-in my TL's Avatar
06 WDP / 07 WDP Type-S
 
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From: Chicago
I would never lease a car =)

You lose in the end, unless you have a load of $$ to spread to the sales people.
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Old Mar 8, 2008 | 08:45 PM
  #4  
rgpie75's Avatar
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From: Arlington, VA
Originally Posted by Be-in my TL
I would never lease a car =)

You lose in the end, unless you have a load of $$ to spread to the sales people.
Maybe you wouldn't, but it does make sense for some.


My lease details from February 2008 purchase:
36 months/15000 miles per year
Residual: 51%
Money Factor: .00045

Residual will be higher if you get less mileage per year.
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Old Mar 8, 2008 | 09:34 PM
  #5  
DJSlim's Avatar
Its MY Car & I Love It!!!
 
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From: Huntsville, AL
^^^ Thats the same deal I got for my TL. I leased mine in Febuary as well. I dont care about the miles though. I plan on buying mine when the lease term is up. I'm riding this car until the wheels fall off. Which will be about 10-15 years from now! Acuras last a loooooong time. Take care of it and it might outlast you.
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