winstrolvtec

The rates will probably remain the same but residuals are all down hill from here. With finance rates at 2.9% and 1.9%, I don't expect to see anything lower for a lease (3.7%). The best month for leasing this car was last month and this month is right there, only having gone down 1 percent in residual.

JJ, while your tax incentive does offset most of your higher MF, your sales price and added mileage brings you to your monthly figure. If you knock them down another thousand and go with 12k miles your payment would be about $60 cheaper. There lies the discrepancy.

skipdeez

This is almost the EXACT deal I made here in Washington state (Seattle area). Only difference at all is that my negotiated price was $40,250, so my total monthly payment is $649.

I am in the same boat as I have dealt with the same dealer since 2004 and this is my 3rd Acura through them. I deal with the sales manager (guys behind the desk) and he even busted out the sheet with all of the exact numbers for complete transparency, and noted to not tell anyone I got this deal, as they did it because I am a repeat customer and know how it works.

I'm convinced this is the best deal you can get if you are in an area that does not have the better MF (you can only get the .00154 in certain states). Seeing some of the posts here and on edmunds made me think I didn't get the best deal I could have, but for an area like mine, I think this was as good as it gets.

All that said, I think Acura would do better in lease sales if they upped the residual value percentages. If you trade your cars a lot like I do, the residual doesn't mean much more than a lower payment. I got a screaming deal on my wife's 2010 Lexus RX350 because the MF and residual were so low.

bf17738

so does anyone in the NY area think that I can do better than the $530/ month on a 36 month lease with 10k miles? (taxes down, 1st month, and fees)

if not, should i see if they will give me some kind of service contract?

winstrolvtec

^Looks good to me, it's nearly $1k under invoice. You could always try for more after feeling out the dealer but I would pull the trigger on it regardless.

Cosmoslux

Sounds like a great deal to me, take it!

so does anyone in the NY area think that I can do better than the $530/ month on a 36 month lease with 10k miles? (taxes down, 1st month, and fees)

bagbklyn

More specifics, if this is an AWD tech its a great deal we're assuming. If its a FWD tech then its average. How much is the taxes up front?

GrigioTL

The key issue here is that you are paying taxes upfront - which is different from some parts of the country. I do not know your specific sales tax rate but I will use an average rate of 8% NY sales tax for purposes of this evaluation. At a selling price of $39,700, you will be paying $3,176 in sales tax. Over a 36 month lease, this could be at least $88 more added to your monthly payment (which does not include the additional interest on the gross capitalized cost if taxes were rolled in) . If taxes were included in your payment, you essentially would be paying $618 or more a month. Again, I do not know your specific tax rate and if New York state offers a "trade-in tax credit".

bf17738

it is on a 2010 SHAWD 6 spd manual which is only offered in TECH. MSRP: $43195. Long Island has a 8.625% sales tax. The money due at signing would be taxes, bank fee and 1st month which is about $3050.00

the lease is for 36mo/10k miles

it seems that someone on here was getting 12k for the same money factor and residual and was getting the car for LESS than invoice?

anyone think i should go back to the dealer and TRY to negotiate more?

What kind of things have you guys been asking for the dealer to throw in??

bagbklyn

That's not a bad price, the only thing I wouldn't do is pay the taxes up front. Roll it into the payments and the tax money that you would put in upfront just keep in an account somewhere.

And 10K a year, its a fun car to drive before you know it you will be over that amount I hope you really drive local and if you do hopefully you are able to use the 6-spd to the fullest

bf17738

rolling the taxes into the payment would make the month payment VERY expensive and i'm looking to by a house... i'd rather they saw a lower monthly payment for the DTI ratio rather than a $615/ month

bagbklyn

That makes sense. You still didn't answer if you will be able to keep the car under 10K?, lol I have 12k on my automatic and i'm surpised how fast I put on the miles and I work 5 miles from home, and work 6 days a week. LOL

bf17738

i have 27k miles on my 2007 and i'm allotted 36k by feb 6th. i'm way under. and i drove up from long island to albany and back and to DC and back. i should be ok.

bf17738

ok, here's an opinion question. I really love the TL, and this would be my 3rd. (2004 TL, 2007 TL-S and now i'm looking at the SHAWD 6spd) I got a quote for $530/month for 36mo/10k miles with taxes, 1st mo, and fees down. and acura is paying my last payment on my 2007...

i just got a quote from Infiniti... 2009 G37x Sport with the Navi and Premium Pkgs... almost an identical car to the TL feature-wise...
$437/month with taxes, 1st mo, and fees for 39mo/10k miles. and Infiniti will pay my last payment.

So, my question is... Is the TL WORTH the extra $100/month?

This is the con list that I have for the G37x...
-no DRLs (so insurance is higher)
-voice activation sux, but how often do i use it?
-some of the navi cant be programed while driving
-automatic tranny (but it IS a 7spd)
-doors dont automatically lock
-gas mileage sux, (at least is sux in our g35x Sport)

the con list for the TL...
-a face only it's mother can love (that horrible grill)
-it's $100 more expensive per month for the same MSRP as Infiniti
-i've had 2 other TLs and might want to try something different


Opinions? factoring in the money difference, do u guys honestly think the TL is worth the extra? ( fyi - i DONT need the extra room in the TL... it's just me driving it.)

bagbklyn

From my experience the gas mileage isn't to great city driving in the TL. If it wasn't for space I probably would have leased the G37 but the price point at the time was equal so for the same price I went with the TL. The Navi on the TL blows away the G37 but $100/month and your are looking to get a house, that is an extra $3,000 in your pockets. The G has a sportier feel as it is RWD based and going after the 3 series hard. With a kid on the way the TL was ideal for me because of the rear legroom.

winstrolvtec

That's a tough one. If you are just leasing the car with the intent to use it for 3 years and simply return it the G makes a strong case for itself, especially since the size does not factor into it for your needs. If there is potential that you may purchase the car or look to trade out early, the TL will pay you back on that extra money you have to invest while being roomier and having a 6MT. It is really a matter of one being a 2009 vs a 2010. Even in leasing there is a chance the TL will generate equity for you, the 09 G already being a year old, I don't think so. The 10' G is getting a small MMC if that is of any interest but then it would probably lease out the same as the 10' TL.

bagbklyn

The G does get a small MMC, but it is actually a major one in my books. Finally dedicated fog lights. It was one of the few cars if not the on the road with integrated fog lights. Thanks for finally getting separate lights that was also one of by turnoffs for the G

GrigioTL

I looked at the G37XS (Nav/Premium) and I was very close to getting one. My drawbacks were rear seat room and that the G37 is in its 4th year (so a redesign may be coming soon). I found that the G37 offered options like auto leveling lights, auto up/down for all four windows, intelligent cruise control and power/memory steering wheel. Options offered in other competitors like Lexus and BMW.

The G37 is more of a drivers car than the TL. I drove both vehicles back to back and could tell the difference right away. When I looked at the G37, it was leasing for $20 less than my TL. Infiniti has been very aggressive with their financing and leasing programs. Personally, I would go with the G37XS (Nav/Premium). It offers comparable or in some cases more features/options than the TL SH-AWD Tech. Plus, it's $100 less a month.

bagbklyn

Sorry to go off topic you said auto leveling and I wanted to know if it was only me but does anyone else get high beamed on a dark road as if you are blinding oncoming traffic. Has happened more than 5 times and I have had the car for only 3 months which I would have had auto leveling now let not talk about when I got people in the back seat and make a run to Costco, the lights to the moon and its not like i'm low riding either.

Ok sorry back to the thread

saw1

OP update:

I have made a decision. I am picking up my G37 '09 prem/nav/Sport/7At tommorow.

The lease deal was identical to the TL. Both are $530 per month ($533 for the TL, close enough).

On the G:

MSRP: 42,150
Residual: 53% (this sucks)
MF: 0.00091
Cash at signing: $300
Monthly payment: $530 for 12k/yr, $541 for 15k/yr. 36 months

For those of you that were wondering why the TL awd-tech was so cheap, I was getting 1K in dealer cash and 1K in loyalty, about 1500 below invoice.

I could argue all day which car is better and why. I will miss my TL-s for many reasons. The G has some neat features the TL does not. And the TL has a few things over the G. Ultimately, I wanted to try something different, and something faster. Also, my wife likes the G better (if you are married, you know what I am getting at)

I am slightly tempted to call the acura dealer to see if they can sweeten the deal...........

bagbklyn

Good luck, I thought your wife would like the TL because of the space, but the lines on the G are nice and it is a fast car. Enjoy

saw1

The funny thing is, she does not like my current TL-s because of the tight steering. That is the one thing I will miss the most. The G and the new Tl both have a much lighter steering feel.

bagbklyn

The regular TL has an even lighter steering but any which way enjoy. Let us know in a few months if you see yourself coming back after the lease is up. I'm still questionable after my lease, will have to see what is on the horizon from the competitors.

Type-S RPh

What was the cap cost on the G? $530 a month included taxes?

saw1

Cap cost is $37,700. Invoice was $38,5XX.

$530 includes tax

saw1

More pics of the 2010 G37 are coming in. Should I wait one month for the 2010, or go with the 2009. If I wait for the 2010, the residual will be a lot higher, but the money factor and cap cost reduction will be worse.

bf17738

bagbklyn: what TL were you looking at? the sh-awd with tech? and they were giving you the car for $533/month INCLUDING tax?

my dealer was giving me the car for $530/mon on 36mo/10000 miles... and that was paying taxes upfront.

the orig quote was for $560/month but then I got a call about Acura giving a $1000 incentive dropping it to $530.

bf17738

i meant saw1

bagbklyn

That my friend is the million dollar question? Your payment will be higher for the 2010 but you will also stand out from the rest of the G's. The last couple of G's you couldn't tell which year it was if you changed the 5 to 7. Many would be clueless but with the dedicated foglight right off the bat you can tell also you don't want to tell yourself if I waited out I could have had that feature. At the same time if you wait i's sure the payment will go up and they are trying to clear their lots by the end of the year.

saw1

I was looking at the TL awd-tech Black/Umber 5AT. $533 includes tax with $533 + $20 tag fee due at signing (then 35 payments of $533)

bf17738

Wow man! What state do YOU live in? ThAt's a much better deal than mine!

saw1

Georgia (Atlanta/Roswell/Jackson Acura)

skipdeez

Couple of things I thought I would mention to those reading and thinking of leasing...

If you are going to trade the car in, then go with 10k miles/year on the lease. You'll save money, and the mileage doesn't matter if you trade it in, you can put as many miles on the car as you want and it won't matter (other than the value dropping due to mileage), but you certainly won't get charged anything extra. If you turn the car in at the end of the lease (which I assume almost no one does these days) then get the higher mileage option if you need it.

I, too, was looking at an 09 G37xS prem/nav when I was shopping for cars. I could have saved about $50-$75/month going with the G37, but I felt that once the new model came out, the residual value on the 09 G37 would drop like a rock and when I went back to trade it in a couple of years, I wouldn't have any equity. That and I just liked the TL better after driving it.

bf17738

saw1 Do they not sell that many SHAWDs down there? Is ur tax way different down there? We have 8.625% here. I'm sure that your's is cheaper.

bf17738

skipdeez. how do u trade in a leased car? i have always turned the car in after the end of my lease and leased a new car.

saw1

I pulled the trigger on a 2009 G37S pemium/nav/sport 7AT on Friday.

I was sad to see the TL-s go, but I quickly got over it within 24 hours. Last Friday here in Atlanta was a horrible day, it was windy, cold, and raining. Not a real fun day to pick up a new car. I had to transfer 2 car seats into the G.

Here's the scoop: The G is much faster. Rear wheel drive is at least more fun than front wheel drive. On my way home, I turned off the traction control, it was very easy to get sideways (in a controlled manner, of course). The 7AT will take some getting used to. Under slow acceleration, the tranny feels busy like it is trying to figure out what you are doing. BUT, switch to paddles, and the shifting is much quicker than in the Tl.

The interior is not as nice as the Acura in overall look, quality feels the same. Navigation system in the G is superior to the '07 TL. The 3-D view is great while using navigation. So far the voice control over the nav functions works great. Ditto for the bluetooth integration. My TL had issues if I tried to make consecutive calls, the bluetooth would not always pick up.

Overall very happy with my new G37. However, I will miss Jackson Acura and their staff. A great dealership.