Any idea how much a nav unit might add to a 12K miles 36 month (or 42 month) lease? Anyone get both of these priced out?

 

I’ve been shopping for a good deal on a new TL lease for a couple of days now.
Here is the best offer I got so far (by contacting internet managers from 6 different dealerships in my area):

12K / year, 42 month lease with $2000 total out of pocket

w/ Navigation:
selling price 32958.67
montly 433.98 plus tax

w/o Navigation
selling price 30958.67
monthly 397.18 plus tax

from Palm Beach Acura.

I’d like to hear how much others are paying for their leased cars.

Ralph P.

 

I should be working on my deal this Saturday. I have a pretty good contact that has sold me my last 4 Acuras (Integra, RSX, CLS, TSX) and it will be interesting to see if you can meet the above.

What's included in the $2K quote? My last few leases have been only 1st month's payment and that's it (waived security deposit, no cap reduction, etc.)

 

My lease is $410/month total. I get 15k miles/year, 42 month lease and put $3000 down. I got it in December 2003.

Joe

 

$800 TOD/15K/48Month/ $468 a month

 

provench, $2000 is the total out of pocket to drive of the lot and includes the 1st month's payment and all the other BS fees.
Let us know what you get from your dealership.

Thanks,
Ralph P.

 

I leased my '05 TL Navi 6MT for $499/month with $1000 down, 12k miles, for 48 months

 

I leased my '05 TL with Navi for $459 a month with no money down. 12K/year and a 42 month lease.

No navi would have lowered my payments by about $40 per month. That's the average figure.

 

I forgot.
2005 TL 5AT w/ Navi.
My $800 TDO includes 1st Month + T&L.
15K per year
48Month
$468 a month (this is with CA tax)

 

'04 TL - AT - No Navi/only tax-title-1st month due at signing/17k per year/36mnths/$505 a month.

 

A good rule of thumb regarding options is to figure about $20 per month extra for every $1000. If you would want to add the nav option to your TL lease it should cost about $40 per month more than the non-nav version.

 

For comparison - My "purchase" was $5K down and payments are $516/month for 60 months. At the end of a 48 month lease period, I will have approximatly $16,000 in equity. A hundred more a month Plus a little up front can provide a decent asset at the end of the term. And I can drive it 30K/year if I wanted or needed to and the resale value won't more much at all (afterall, it IS a Honda). Do NOT lease a car unless you can write it off as a business expense.

 

True......if you have the luxury of a $5k nut right up front.

 

As many can tell from my prior comments.... You should NOT be buying this car unless you can have that kind of cash "up front". If you don't have it, then you should determine how much you DO have and then buy accordingly. If you can put down $2,000, then buy an Accord. If you can only put down $500, then buy a Hyundai. If you don't have anything to put down.... Get a JOB!

 

But your deal is UNREALISTICALY (atleast for me) hard to get!

with purchase price lets say 33K(Navi?) (with 5K down) to get $516 monthly payment you should get:
1. 0% intrest
AND
2. Have 4% sales tax.

Now, in "My State" - 8.625% sales tax and 5% financing would get you (with 5K down) $616 month.

So, in "My State" if I purchase it your way, after 4 years I am out of:
Down = 5,000
Paym=29,568 (616*48)
___________
Total= 34,568 (or AVG$8,642 per year)

If I lease (in my case 2,700 down+ $430pm )

Down = 2,700
Paym=20,640 (430*48)
___________
Total=23,340 (or AVG $5,835 per year)

Total difference is about $11-12K- seem IMHO what you could expect from selling 4-5 year old TL.
Oh, and you will probably have to do some pre-sale $$$ preparation.

And IF one would pay it all in full in 60 month it will cost $7,392 (616*12) more
- grand total about $42K in 5 years (or AVG$8,400 per year). To get to my lease number (AVG$5,835 per year)
I have to sell it at some point for REALLY good price or drive it for more then 7 years.
Oh and BTW - you mention it right - that one could benefit from lease even more if "selfemployed".

It is personal descision- for me Lease is better.

 

If you put ANYTHING down on a lease you need to have your head examined.

 

it seems like everybody got really good deals.. here's mine

05 tl navi
$4000 down... (my trade-in)
$33,300 / 15k miles 50% residual.. 2.3% apr
48 months $380 + tax / month..

 

get the navi, i think 2000 is worth it for the better tires and navi...i wish i got navi...the turanza's suck