dcarp757

Need some financial advice from fellow Acuraziners. I currently have an 09 base TL with 20k mi and $13.5k remaining on loan. Grigio with taupe. Car is in great shape and based on my current payment plan the car would be payed for in 28 mo. I like the changes with the 2012 TL and I want tech pkg. Thinking about talking to dealer about current lease offer. $349 mo for 36 mo w/ $2700 due at signing. $21,894.00 purchase option at lease end. My TL is not my daily driver so I dont think mileage will be an issue. I want a silver on black model. Not sure what to do and I don't want to make an impulse decision at dealership. I have never leased before but I like the idea of always having a new car and always have warranty coverage. The downside would be no permanent mods, but I would still do rims, springs. tint (don't think dealer would mind). I would need at least 25k firm on my current 09 TL. That way I can pay off loan and recover $12k. Anyway, any advice?

Oswald Vater

Moving up from an 09 base to a 12 Tech is a good move. However, as a long-time lessee myself I would not put any money down (or at least as little as possible). If something major bad happens it is money out of your pocket you'll never get back. Try to negotiate a zero-down lease. I'm also assuming the mileage per year is 10k? Just make sure you are comfortable with the limit with no plans to exceed it as over-mileage penalties can be quite high. On the plus side, Acura has some very good loyalty incentives when it's time for turn in. I'm sure others will chime in with more tips. Let us know how you do.

potmilkz

dont think your going to get 25k for your tl base thats 3 years old and has 20k on it..

a 2009 tl tech goes for 26k with that miles..

but yea try to negotiate no down payment.

dcarp757

Depends on location. NADA shows $24,775 for clean trade in. If the dealer wants my business they will give me $25k. Back and forth between lease and finance. I'm worried about the 10k mi /yr lease limit. If I get a 2012 SH-AWD I will want to drive it! I don't want to sweat the odometer all the time. That will just give me "lease" remorse. BTW there is a no down payment lease option offer right now with a higher payment, so that door is already open. That EazyRider quote kills me every time I see it. LOL!

weather

dcarp...Ever considered giving some MSD (multiple Security Deposits)? It is a way to bring down your interest rate and unlike a deposit, this money is refunded to you at the end of your lease. For e, I was able to shave off several percentage points and worth it for me....but every situation is different of course

weather

That is the reason why I like the lease as well. Everyone have different views on leases and I am not trying to convince others. For me, I like the idea of being to change vehicle more often and not have to negotiate when trying to get the best value for my traded vehicle. I always take a 4 year lease to try and keep my payment down but usually get out of my lease within 3 years (or less) with no penalty because my cars are kept immaculate.

Hamma Tyme

IMHO you should stay where you are and keep the car for a full 5 years, this way you will not get hit too hard on depreciation, then trade in or sell by private sale. By then the 5th generation TL will be out with any bugs worked out and you won't be thinking the same thing and saying, "WOW, I really like the new TL, I think I'll see if the dealership will let me out of my lease so I can lease again" and financially get your ass kicked all over again.

It's much smarter financial management of your hard earned dollar to stay where you are IMHO.

Good luck!