Acura Sign and Drive - 0$ due at lease signing

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Old 03-18-2010 | 12:31 PM
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Acura Sign and Drive - 0$ due at lease signing

Has anyone seen this deal or pulled the trigger on it? Seems like a decent offer. FYI: This is a regional offer via Acura.com

2010 TL Regional Featured Special Lease - $0 Due at Lease Signing
$0 first month's payment, $0 down payment, $0 due at lease signing. Excludes taxes, titles and fees. Lease Example with $0 due at lease signing for $440 a month for 36 months. For well-qualified buyers.

More details:

Offer available to residents of the following states: AR, CO, DC, KS, KY, LA, MD, MO, MS, MT, NC, NE, NH, OK, OR, SC, TN, TX, VA, VT, WA, WI & WV. FEATURED SPECIAL LEASE: Closed-end lease for 2010 TL Automatic Transmission (Model UA8F2AJW) for $440.00 per month for 36 months with $0 capitalized cost reduction available to customers who qualify for the Acura Financial Services Super Preferred credit tier. Other rates/tiers are available under this offer. $0 due at lease signing ($0 first month's payment, $0 capitalized cost reduction and $0 security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify. $0 due at lease signing offer requires dealer contribution, which could affect final negotiated transaction.

Subject to limited availability. 3/2/2010 through 3/31/2010, to approved lessees by Acura Financial Services. Closed end lease for 2010 TL Automatic Transmission vehicles (Model UA8F2AJW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $35,915.00 (includes destination). Net capitalized cost $33,835.11. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $15,400.00. Option to purchase at lease end $21,908.15. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details.
Old 03-18-2010 | 01:27 PM
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Jeez, NJ always gets the short end...
Old 03-18-2010 | 02:34 PM
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I did a little better than this deal last July. Still pretty good though if its for a tech.
Old 03-18-2010 | 04:31 PM
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Details of the terms state the $440/month, $0 down is for a TL with a MSRP $35,915.00 - so that would be the base TL, non-tech.
Old 03-18-2010 | 04:32 PM
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^
Also, the offer doesn't include the manual tranny.
Old 03-18-2010 | 04:32 PM
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Nor is the offer available in CA.
Old 03-18-2010 | 09:45 PM
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Last week I did a similar deal for a 2010 SH-AWD non-tech for $501/month including PA tax (9%). No money down, sign and drive 36 month, 12,000 miles
Old 03-19-2010 | 11:44 AM
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Wait...it seems that we do get it in NJ, as well as one worse:

$379.00 per month for 36 months. $2,999.00 total due at signing.
Old 03-19-2010 | 11:59 AM
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Originally Posted by NJ SHAWD
Wait...it seems that we do get it in NJ, as well as one worse:

$379.00 per month for 36 months. $2,999.00 total due at signing.
Ouch... any money out of pocket for a lease = bad stuff...

We don't even have it in MA.
Old 03-19-2010 | 10:29 PM
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Originally Posted by petec2010
Ouch... any money out of pocket for a lease = bad stuff...

We don't even have it in MA.
about $1400 of the $2900 goes towards the start up fees so really only the difference is going toward actual cap cost reduction.
Old 03-20-2010 | 07:44 AM
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How do they justify $440 per month for 36 months with 0 down vs $379.00 per month for 36 months. $2,999.00 total due at signing? If you do the math, your better off with no out of pocket as long as you don't plan on keeping it.
Old 03-20-2010 | 09:39 AM
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Originally Posted by NJ SHAWD
How do they justify $440 per month for 36 months with 0 down vs $379.00 per month for 36 months. $2,999.00 total due at signing? If you do the math, your better off with no out of pocket as long as you don't plan on keeping it.

Why would the intent on keeping the car justify putting money down? Money down lowers the payment but the purchase price at the end of the lease is based on the residual % of the MSRP not money down.
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