marakbai

I searched, and no luck ...

I'm thinking of getting out of my 2008 C300 4Matic (loaded), to get a 2009 TL AWD Tech; the C is just too small, and my wife does not enjoy the ride (long story).

We're looking at getting a white TL, and were quoted $45950 ($2040 below MSRP); what are your thoughts on this? Anyone done better out there? We're looking to lease for 4 years.

Any help would be appreciated.

Ramrodthrusterpuppy

When I was at the dealer last week, there were no financing deals on the TL SH AWD. I remember seeing a special in the local weekend paper this weekend but I'm not sure what the particulars are.

However, we never get as good deals as the guys in the 'States, it seems.....

sebounet2005

i had a 1500 off on a base tl and tl awd also non tech. but without negociating.
montreal

rsher

I'm dealing on 2009 TL AWD w/tech. Front end 3M film, block heater, rear mud guards. Alberta price with GST and all fees. $CAD 50,000 cash. Dealer list price 53,400.

sebounet2005

What is the gst rates ?

It must be a hard time in Alberta for car dealers, petroleum industry is not at his best in Canada since the oil drum price colapsed. That could explain the $3000.00 off you obtained.

I hope others canadians will post their quotes

bigred123

I think there is currently a $3K rebate for cash purchases on the '09 TLs right now.

CraigMacDTA

Programs are different for certain "zones". If you're in Ontario, there's $3000 Cash Rebate for cash purchases on the FWD TL and FWD Tech (nothing on SH-AWD models). Lease rates for the FWD right now is 2.9% for 36 months and 3.9 for 48 months. Lease rates for the SH-AWD are 3.9% for 36 months and 4.9 for 48 months. If you guys need any further info, feel free to PM me as I am a sales rep at Downtown Acura.

DaddyCool

You should be able to get at least $3000 off without any problems - I would push for more.
I almost bought a 2009 C300 4matic but went for the TL tech instead. It was a close call but the TL clearly had more options and the reliability factor sold me. The potential cost of MB servicing scared me off as JD Powers did not rate the C class too high.

Momyc

I just checked on Acura.ca the financing rates..7.9% for 48-60 months !!! Are they crazy ? Even if I'd like to change my 3G 2007 TL , I wouldn't do it up to the rates drop below 3%.
I was wondering why I don't see the new TL around and now I think I have my explanation.

ed99

FYI: I was just at the dealer in vancouver for service over the weekend and I was browsing the showrooms there and all the new 4G TL has 2.9% financing!! Maybe a good time to buy if you are looking for a low finance rate!!

Momyc

Hi ed ,

I'll check them tomorrow , because the rates shown were for February.

sebounet2005

I was able to have a $2000.00 off, for a rent. But the price they gave me for my 2007 TL AT non navi, 80 000 km (60 000 miles), no accident, it's ridiculous.

$20 000 (on my contract it was around $43000 when i bought it plus taxes, 26 months ago),
so i have again $28000 dollars to pay to be the owner of the car. SO with taxes (quebec), it's just a $10 000 dollars cash i have to give them.

Usually i rent my car for 36 month, change it around 26 months (before the 100 000 km warranty end) and i just have to pay around $3000 plus taxes.

If i keep my car untill the end of the lease and pay for extra miles, it will cost me around $6000.oo taxes included.

So what my advantage to sell my car before the end of the lease ? Just for the pleasure of loosing $4000.00.

Do they think they have a such nice TL that i would give them $4000.00 extra to have it right now ?

Don't be surprise if your car lot is full of brand new TL.

CraigMacDTA

No cash incentives on the AWD TL boys and girls...3.9% for 36mo lease and 4.9% for 48mo lease. If you want a FWD there's $3000 cash off and 2.9% and 3.9% lease rates.

Midway through December, Honda Canada Finance took ALL supported finance rates away from us and made all finance terms "standard rate", citing that they could no longer support lowered rates on both leasing and financing. With that though came more cash incentives for cash purchases.

CraigMacDTA

And how much more would that be? Check with Car Cost Canada to see how much there is available in the TL - it's not what you may think it is OR you want a dealer to give the car away - either way, it ain't happening.

sebounet2005

I agree, but how much it cost you to have so many new cars waiting in your parking ?

The customer could wait a long time before buying a new car. Not sure a car manufacturer or dealer could wait so long.

Momyc

I agree . I can wait , my 2007 3G TL had only 22000km.
I may change it for AWD (especially here in Montreal) , but with financing at 7.9% they can keep it on the lot. On my actual TL i have 1.9%. For me the financing rate is a big factor on deal or not deal. When Bank of Canada brought their rate down to 0.5% it will stupid from my side to finance a car at 7.9% !

sebounet2005

I'm in Montreal Also.

Look the sales results for cars in Canada. Acura around -30 %, one of the worst result for february

http://www.desrosiers.ca/Monthly%20Updates/sales.pdf

Momyc

Thanks sebounet. I've seen your link on autozonequebec also.

sebounet2005

Infiniti G37X, sales rate 3.5% on 60 month

CraigMacDTA

1st point - yes, you can wait it out to save an extra $200-$300 here or there...what if I told you I'd sell you one for $1000 over invoice? Would you take it? Or would you require more? See, there isn't a big inventory problem here in Canada so although it's still a buyers market, we won't be selling any TL's for invoice or $500 over invoice. Acura/Honda have the whole inventory thing under control. It's not as bad up here. When inventory isn't a huge problem, dealers don't sell for invoice. With the way the market is though, we are more than willing to sell you a TL at a very reasonable discount - 5-6% off if needed (when we have 8% to work with).

2nd point - In regards to the finance rates...put yourself in the seats of those working for Honda Finance. They kept the lowered lease rates on all vehicles >which accounts for roughly 60% of the sales. They now offer MUCH more cash incentives for each and EVERY vehicle e.g. $8500 on MDX, $3500 on RDX, $2000 on CSX & TSX and $5500 for RL > cash deals account for roughly 25% of the business and they went back to standard rates for financing > financing accounts for 15% of the business. If you owned a business with a business model as such and you had to eliminate one for financial purposes which one would YOU choose to bite the dust?

CraigMacDTA

Yes, and what is their lease rates on their whole product line....how much cash incentives are available? I've heard their residual values are terrible! There's more than one angle and there's always a trade off

sebounet2005

lease rate is the same for this model, residual is low i think because the monthly rate seems higher than Acura. But i prefer to pay capital than interest. If at the end of the lease i 've paid to much i could buy the car , sell it with a little profit.

For infiniti there were some cash incentives ,but i will let you know soon, because i m going to see some infiniti dealers.

i don't deal car on invoice, i just look what different dealers can offer me. If one want to sell me the car at $500 over invoice , why i won't study it ?
And we all know invoice is not the real cost for the dealer, because they have some cash back from the manufacturer.

In this kind of economical fight between buyers and dealer, i'm not sure if they will be a winner at the end. If dealer don't give me a reasonnable price for my 2007 TL, i'm going to keep it. We all know that is the best way to save money on cars, Keep it as long as you can. But car purchase is more emotional, the problem is, the new TL is not so appealing, so it's not the car they want whatever the price is. 2nd : Economical crisis makes people less emotional and more realistic.

Don't tell me that a dealer can be happy or survive a lot with 30% in sales decrease, even if inventory is under control as you said,or that means they did a lot of money on me and other faithfull customers during years.

Inventory is under control because acura stop making cars for few month.But it doesn't increase sales, just decrease the expenses

Momyc

Sebounet , I'm almost on same situation as you , debating between AWD TL and G37X. If I'm thinking strictly financial , here in Montreal, I believe the G37X is the winner.
But what the hack ? Why I should change my 3G TL ? Maybe because the spring is here !?...

CraigMacDTA

Hey Sebounet, how many kilometres do you have on your 07 TL? I'll tell you one thing, you are going to get offended no matter what the dealer offers you as the market on used 1-2 year old vehicles is completely out of whack right now. With so many incentives on new cars, the worth of used cars comes down also.

Ramrodthrusterpuppy

You're lucky they offered you that! You have a high mileage car (for the year, 40 000 KMs/ year...when the national average is 20 - 25 000 KMs per year) and you're complaining that the dealer is only offering $20 K for it? Why would they pay you more and then have to try to sell a 2 year old, base model, high mileage car that no one wants?

CraigMacDTA is right....1 -2 year old vehicles are taking a major hit, especially previous gen designs. Time for a reality check....

CraigMacDTA

BTW, Sebounet...the Black Book Value on your 07 TL with 80k is between 19 & 21 thousand. This isn't considering reconditioning costs, so let's say...your car is worth MAYBE $19,000 as a trade-in. Damn those reality pills are harsh eh?

sebounet2005

thank you for your information. yes , i checked on black book. so i know that $20 000 they offered me was not so bad. But it's difficult to swallow this. As i said i used to change my car aroud 26 month, on a 36 months lease, and with 80 000 km. Usually i pay around 3500 plus taxes for extra mileage.

Today i went to an infiniti dealer. what they offered me is to give them $5200 taxes included. and no price cut on the g37X sedan privilege. (although they said they could do a little effort, if i'm decided.) It's less than the 10 000 Acura dealer are offering me to pay to change of car..

I'm angry, because there is such a difference.

How they calculate that, they said , give the key back to acura, give them all your 10 payments untill the end of lease plus extra mileage penality .15 cents per km plus taxes.

total around $8256.00

so they pay $3000 of this.

total 5200 for me.

the monthly payment seems higher for the g37 , but if you look closely the residual is 2000 less, so it's about the same as acura if you take this in consideration

Ramrodthrusterpuppy

I don't get your financial logic....

Your car is leased (I think) and you're turning it in early and you've exceeded the mileage in 2 years. So now you have to pay off the remainder of the lease term plus the extra mileage that you've put on the car and you're pissed because you have to pay extra $ for a new car?

sebounet2005

It 's reason for taxes deduction, there's a maximum you can search, and you can have more deduction by leasing than buying.

I change around 26 months. But i prefer to rent for 36 months because it let me time to choose, wait for a new model etc...

Plus i change when i arrive just before warranty is almost over.

As i said i always do that, and i know i have to pay more for depreciation and extra mileage, but not so much.

So i always have a new car , under warranty, no expensive maintenance. And i like to change often.

I know keep the car for 10 years is better but less fun.

Life is too short

sebounet2005

HOnda ne va pas bien aussi.

http://www.vtec.net/news/news-item?news_item_id=819387

sebounet2005

Sorry for the french


So for those people who think it's a dealer market, read this.


http://www.vtec.net/news/news-item?news_item_id=819387

sebounet2005

As a foolow up.

Infiniti as a 3000 dollar rebates and more on a 2009 g37 TI (X) , for buy or lease.

One salesman advice me to wait in May. WHy ? because he told me if infiniti Canada don't do much better deals to help us sale cars, we would be in trouble ( ie , we might close)

It's a total different speech i have with another infiniti dealer. They said everything is good for infiniti. He didn't tell me the truth about monthly sales figures. Hey, people are more informed now with internet , so please to tell us your usual BS

shinichiac

Hi all,

I'm in the market of TSX/TL or G37, currently driving a 05 Honda Accord. Lease is expired in August, the car only has 32k on it. I haven't decided yet if I'll buy out the car and sell it or just let it go.

Who's eligible for the loyalty rebate for TL? If my math is correct, after the rebate and credit, TL is just as expensive as TSX.

Babnik

Wow, that's what I paid for my 04 last June. Have all used cars come down in price so much or only TLs?

Actually looking at autotrader.ca, 07s seem to be around $30k (tho none of them have 80,000 kms, how the hell does someone make 40k per year?), and there are even a few low mileage 04s for above $20k.

By the way... I heard you can get another $1500 off a new Acura if you are a current Acura owner. Is it true?

clh13

yes, they do have a loyalty program ($1500) till the end of the month.

sebounet2005

Finally i have leased a g37X 2009 sedan, give the key of my 2007 TL to ACURA because the payback was 23000 so much more than anyone offer me for it.
Suprising how infiniti was giving more rebate than acura.

May be that explain the -42% sales for acura compare to march 2008, compare to -20% for infiniti.

And to answer for those asking , how can you put so many miles on a so young car, i'm a salesman

charco

Just wondering.....if I am a Honda owner (I own a 99 Honda Odyssey), am I eligible for the loyalty program? since Honda owns Acura......and I am upgrading....

CraigMacDTA

No sir, just Acura to Acura qualify for "loyalty" dollars.

igowest

just came back from dealer. Asked them that I am interested in trading my 09TLTECH for AWDTECH. MY 09 got 4500clicks. Boy I am offended:
they offered 30K for my car and they charged 49k - 1500 rebate - .25% fin rebate for loyalty. So driving my car for 4 months will cost me 22K to get an AWD TECH.

Are you for real. I guess I will keep on driving my 09TL TECH with 4500 km.

Acura you bad boys

shinichiac

Here is the incentive for April:

Non-stackable Trading Dollars/Factory to Dealer Rebate $3,000.00
Trading Dollars/Factory to Dealer Rebate $1,500.00
Loyalty Rebate Program/Factory to Consumer Rebate $1,500.00

Can anyone tell me who's eligible for Trading Dollars rebate?