TL

July 2008 Lease Rate for 08 Acura TL

Published by G

2008 Acura TL Sedan
24 Month – Residual 61% of MSRP – .00133 Base Rate
36 Month – Residual 51% of MSRP – .00133 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Acura TL w/Navigation Sedan
24 Month – Residual 59% of MSRP – .00133 Base Rate
36 Month – Residual 50% of MSRP – .00133 Base Rate
48 Month – Residual 41% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Acura TL Type-S Sedan
24 Month – Residual 58% of MSRP – .00133 Base Rate
36 Month – Residual 49% of MSRP – .00133 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Finally found some Acura lease rates! I still think March was the best time to lease a TL. Hindsight is 20/20 after all, so telling you now doesn’t serve any purpos, except to make you feel bad. However, there is $1000 in factory cash available to lessees. So negotiate a low sale price then tack on the factory cash. Remember dealer and factory incentives are TWO different things from two different sources. The residual stinks on the TL right now, but the MF is now too bad. As posted earlier, the 2009 TL is arriving in the fall. So there could be a fire-sale of the remaining 08 TLs. I remember back in 2003, I was shopping around for a car and stumbled upon the previous generation TL, they were deeply discounting (at least 5000 off MSRP) them because of the 2004 TL was coming. So expect more of the same this time around.

Drool-Worthy? Introducing the 2009 Acura TL

Published by G

As you know the 2009 Acura TL is just around the corner (coming this fall to a dealer near you). Just like the TSX, the TL sports the same “love it or hate it” chrome grill and th RL’s beefier 300hp V6 engine. Like BMW, Lexus and Infiniti, Acura has added a AWD option to it’s TL line up.  Few questions comes to mind…What happens to the Acura TL-S? and how different is it from the RL?

Here’s the article on Car and Driver.

Official 09 TL Photo

Is it worth waiting? Probably not. You probably wwon’t see very good MFs on the 2009 TLs for months.

May 2008 Lease Rate for 08 Acura TL

Published by G

Acura TL Base
24mo/12k miles/yr – residual 64% – money factor .00171
36mo/12k miles/yr – residual 54% – money factor .00171

Acura TL w/ Navigation
24mo/12k miles/yr – residual 63% – money factor .00171
36mo/12k miles/yr – residual 53% – money factor .00171

Dealer Cash $1000

My Thoughts: The rates have gone up it seems. Congrats to those who picked it up last month. 2008 inventory is starting dwindle a little bit. I’m pretty sure production has effectively stopped for all 2008 TL, so grab them while you can. The $1000 dealer incentive should help offset some of the loss in residual value and increase in the rate.