lovemyTL

I have about 7 months left on my base TL-P and I'm thinking about trading it in before the lease is up. Should I wait for the '05 or look at a '04 when the '05s come out?

PeterUbers

iTrader: (1)

I would snag an '04 for less money ... quite frankly, there weren't (knock on wood) that many bugs in the '04 year to warrant you paying more money just to possibly get out of a few bugs. Plus, I guarantee the '05 model will have creaking and rattling issues every once in a while like the '04's did. However, I hope the headliner issue and the tire issues are resolved.

It all depends on how much more you're paying for the '05 as well.

rets

Well said, PeterUbers, I second this...

If money isn't issue, wait for 05TL. If 05TL has no new features you prefer and non-Navi could be your choice, you should be able to find the whole bunch of 04TL non-Navi sitting in the lot before 05TL put into the stock. You will definitely get some decent price... IMHO.

SergeyM

Depending on the pay-off amount it may make more sense to wait till the lease is over. Getting 04 so late in the model year may not justify the cheaper buy price either.

Oswald Vater

What SergeyM said. Unless your dealer is willing to make the remaining payments as part of the deal, it is better to ride your current lease out and get an 05. However, if keeping under your contract mileage is an issue, wait until you get close to going over and then see if you can do the buyout, thus avoiding any penalties.

Mr Bigglesworth

My lease is up in February on my 2001 Acura TL (42 month, 15k miles).

I checked in with two different dealers about ending my lease early and continuing with the newer model. In both cases they told me that they would have to assume the rest of the payments on my current lease and that added to the cost of the new lease. It seems like it's better to wait it out as long as you can. I am going to come in about 7k miles under my mileage obligations so getting out early to avoid penalties is not a concern for me ... even if it was it may not be worth it because literally you'd have to add those 7 payments back into the mix somehow.

I'm really intent on keeping my payments below $500 if possible so there's no way I'd try to get out early now if those remaining payments would be added into the new lease. Of course your situation may be different ... but even accounting for the "no money down" concept of leasing I just can't stomach paying more than $500 monthly on a car. However I really want to drive this car so I don't mind putting up a couple thousand to keep my payments at a sane level and still get the car I desire!

First post by the way!