whats the trick to lease thru a outside leasing company and dealing direct with dealership.
is there anything i would have to watch out for?
i got for 2012 Tl sh awd $520 a month just first payment and dmv fee?
is that good?

 

wish I could offer some info, but I only finance. One thing I will say is ASK ASK ASK ASK A LOT OF QUESTIONS TO THE LEASE COMPANY!

 

How many months and how many miles?

 

I think the trick is having good credit and negotiating the best price on the car as possible. Outside of that, the numbers are usually pretty set for a given period of time, usually every month, and if they change to something more beneficial there is really nothing you can do. On the other hand it could also be worse. It is almost impossible to establish when the best time to lease a particular car is beforehand.

I would like to see lease companies use something like a open rate grace period, let's say for like 3 months and if the money factor goes down and there is a more favorable residual value used after (less likely but it does happen), they give you the new rates before the lease locks for the remainder of the term.

Of course, there are multiple security deposits programs in some cases that allows you buy down the rate which Honda/Acura financial doesn't offer and then there are one time lease payments, where you pay for the entire term up front usually for a significantly reduced amount or interest or none at all which Honda/Acura does offer.

As far as your deal, get the breakdown of everything and put it through a lease calculator yourself to make sure there is nothing in there that shouldn't be. If you give us the details of your lease we can give you further insight.

 

it was 36 month and 10k but i told him 12k he said he can do it with 12k a year for same price

 

sounds good to me.. 520 without a down is good

 

SH Tech or non?

 

sh awd with tech

 

Another thing I'd look into especially if you plan on leasing consistently are loyalty benefits at lease end. Acura has some of the best around such as roll-over mileage and special financial incentives for re-leasing with them.

 

Seems like a great deal for an SH tech, based on Acura's rates for this month.