stagefoursurvivor

I understand the MF is a form of APR on leases. Anyone have any knowledge or experience on MF rates for non-tier 1 rates?
They disclose that it's higher but, nothing specific for tier 2 or 3. I have leased/purchased other brands and "believe" my auto-enhanced FICO should be pretty good but, who really knows? I'm about to acquire a TL SH-AWD Tech if the terms are good.

Thanks

stagefoursurvivor

No opinions? Going to dealer today.

TLNV

Sorry no help here on the lower tiers. Fortunately I fall into the super preferred rate and the MF on that right now is at .00143. It has come down some since Feb when I leased the wifes ZDX Tech when it was at .0025.

The other financing deals being given right now are .9% for up to 36mo and 1.9% for up to 60mo, however I am not sure if those rates apply to the TL? When I purchased my TL back in Nov 09 I was given 2.9% for 60 so the rates for financing have also come down a percentage point, which for me would have given me an extra $20 month or so?

If you have fico scores in the 680-710 range but above avg vehicle fico scores then you should be able to get the dealership to go to bat for you and get you the super preferred.

Good luck on getting what you want. Remember, in the end, only you know what is a good deal for you!

stagefoursurvivor

WoW your MF of .00143 is much better than NY .00172 here. My scores are 607 to 660

TLNV

My scores are high 7's to low 8's. I am unsure how the MF is determined. But I believe the MF for super preferred tier is the same for everyone once you are into that tier? I know in Feb when I leased the ZDX, .0025 was the lowest they had at the time. At least that is what I was told. I don't know enough about the whole MF equation unfortunately. I imagine that perhaps it is also like the financing? That it is regional driven?

black label

Acura does not use the same money factor across the board on all models. The MF on a TL is different than that of a ZDX. As residual values drop (as the months go by) Acura typically tries to drop the MF accordingly so lease payments don't change dramitically. To the OP, not sure what MF they use for tier 2 credit. 3-4 years ago they didn't use a tiered system for leases, you either made it into the top tier or you couldn't lease.

TLNV

Thanks for the clarification The MF's I quoted are indeed for the ZDX.

LubDub

Not sure what the MF was or my FICO scores but I got my TL SH-AWD 6MT for 470/month with only taxes upfront. Part of this was because I received a nice rebate through Acura's loyalty reward program as I'm turning in my 07 TL Type S. Acura also picked up my first payment and gave me 1,000 miles towards the new lease.

black label

Solid answer is .00172 for score of 660 or better. They are using the same rate for tier 1 (710 and up) and 2 (660-710). If you are below 660 the MF skyrockets.

This is for the TL only and does not apply to any other models.

TLNV

^^^Thx for the info Black Label great info to have.