Lease Question

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Old Jan 22, 2012 | 10:37 AM
  #1  
stevenyc7's Avatar
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Lease Question

Does anyone know the money factor and residual value in January for the TL Tech AWD. 36months @ 12K. Also do the numbers usually get better in February?

Thanks.
-Steve
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Old Jan 23, 2012 | 02:30 PM
  #2  
winstrolvtec's Avatar
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The SH non tech for 36 months/36k is 57% and .00098, if my source is not mistaken. I assume the tech version would be 54% or 55%.

The MF may improve in Feb, no one really knows but at best the residual will stay the same, typically going down. What tends to improve as we get closer to year end are the incentives and discounts on the car itself.

Based on personal car shopping/buying experiences with Honda/Acura, just after new year until year end tends to be the best time to lease the vehicle based on all of the variables and factors involved but it does depend on a lot, mainly negotiated price. I think at this time there tends to be a nice balance of reduced MF, relatively high residual still and generous discounts, which are the main ingredients for a great lease deal.

It is always a difficult thing to predict when the best time to lease is, usually can't be decided on before, you usually only find out after. From this point on though, I do not think you will be doing much if any better.

If it was me, I would decide on whether I was going to simply lease and return, where now would be a good time, or if buying the car out afterwards was a strong possibility, where waiting for a better discount and lower residual would be more beneficial.

Last edited by winstrolvtec; Jan 23, 2012 at 02:34 PM.
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Old Jan 23, 2012 | 02:46 PM
  #3  
jjsC5's Avatar
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From: Texas Hill Country
Originally Posted by winstrolvtec
The SH non tech for 36 months/36k is 57% and .00098, if my source is not mistaken. I assume the tech version would be 54% or 55%.

The MF may improve in Feb, no one really knows but at best the residual will stay the same, typically going down. What tends to improve as we get closer to year end are the incentives and discounts on the car itself.

Based on personal car shopping/buying experiences with Honda/Acura, just after new year until year end tends to be the best time to lease the vehicle based on all of the variables and factors involved but it does depend on a lot, mainly negotiated price. I think at this time there tends to be a nice balance of reduced MF, relatively high residual still and generous discounts, which are the main ingredients for a great lease deal.

It is always a difficult thing to predict when the best time to lease is, usually can't be decided on before, you usually only find out after. From this point on though, I do not think you will be doing much if any better.

If it was me, I would decide on whether I was going to simply lease and return, where now would be a good time, or if buying the car out afterwards was a strong possibility, where waiting for a better discount and lower residual would be more beneficial.
You might want to re-read what you said here. Basically you are saying that all of the time is the best time to lease...

just after new year until year end tends to be the best time
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Old Jan 23, 2012 | 05:51 PM
  #4  
sebounet2005's Avatar
TL 2012 SH-AWD TECH/UMBER
 
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From: canada Montreal
It's always almost the same price. It depends how much rebate on the MSRP you can have.

But may be in february they are going to decrease the residual value. for around 400$, so the price per month will increase of 10$ around, not a big deal. March , april are the worst month because eveyone want a new car for spring. So it will be more difficult to deal the msrp price.

As for incentives, they are better at the end of the vehicule year, or during winter december february etc..
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Old Jan 23, 2012 | 07:47 PM
  #5  
winstrolvtec's Avatar
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Originally Posted by jjsC5
You might want to re-read what you said here. Basically you are saying that all of the time is the best time to lease...
Perhaps, but just in case I probably should have specified January to model year end, which is usually around Aug for the TL.

Last edited by winstrolvtec; Jan 23, 2012 at 07:52 PM.
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