Acura Lease Deals & Specials In Pompano Beach, FL

Acura Lease Deals In Pompano Beach, FL
2023 Acura Integra

2023 Acura Integra


Experience next-level performance in this premium sport compact car equipped with a turbocharged powertrain, driver-inspired interior, and advanced Acura technologies.


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2023 Acura MDX

2023 Acura MDX


Discover this premium performance SUV with an available turbocharged engine, spacious seating, and luxury of available Liquid Carbon Metallic paint.


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2023 Acura RDX

2023 Acura RDX


Climb into this new Acura premium sport crossover when you demand turbocharged performance with enhanced fuel economy and the convenience of wireless connections for compatible devices.


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2023 Acura TLX

2023 Acura TLX


This premium sport sedan delivers two high-performance engines with turbocharged thrills, athletic lines that carry the design language through the cabin, and intuitive connections.


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The Phil Smith Acura team has the Acura lease deals to optimize your car-buying experience. After all, precision-crafted luxury calls for precision-crafted payment solutions. Drivers often have questions about how financing specials differ from Acura lease options, so we've put together this handy page to discuss the difference between leasing and financing.

We'll go over the benefits of each way to buy a car, how to choose from our Acura deals, and ways to lower your Acura lease payment on one of the current Acura specials in our new Acura inventory.

Benefits of Acura Lease Deals vs. Buying

BenefitsLeasingBuying
Ownership x
Lower Down Payment x
Lower Monthly Payment x
No Mileage Limit x
Vehicle Customization x
Easier Trade In x

Why Lease New Acura Specials Near Fort Lauderdale, FL

If you compare Acura finance offers to the Acura lease specials at our dealership in Pompano Beach, FL, you might be trying to decide the best way to buy a car. Let's quickly look at the advantages of leasing and financing.

Both ways to buy a car come with different benefits. You only need to answer a few simple questions about your habits and preferences to decide if you should buy or lease.

For starters, how many miles do you drive annually? Our Acura lease deals come with annual mileage limits to keep the total mileage down at the end of a three-year lease. Most Acura lease specials come with 10,000 or 12,000 miles per year, and there's a fee for every mile you exceed when you drop off your lease return. A lease could be for you if you drive fewer than the mileage limit on our Acura deals. We'd suggest financing if you're someone who logs heavy mileage every year.

Another consideration is how long you think you'll own your vehicle. Acura lease deals typically have a three-year lease term to appeal to drivers who enjoy driving a new car with the latest features and tech. Leasing provides ample flexibility if you love that new car smell and always want the current safety systems and warranty protections. But if you want to drive your next car for the foreseeable future, we suggest financing and owning your car for five to ten years.

Finally, do you think your automotive needs might change over the next three years? Will you need room for new family members, child safety seats, and soccer balls? Is there a possibility of a move or a different commute to work? Our Acura lease options are intended to give you options if you need them. But if you don't think your needs will change, then financing could be more affordable in the long run.

What You Need To Know About Acura Lease Offers (Lease Terms)

Now that you know the differences between buying and leasing, you're probably already leaning in one direction. So, here's a list of all the lease and finance terms you'll need to know, so you can understand what accounts for your monthly payment and how to lower it.

  • Monthly Payment - This is the amount you pay every month to drive the Acura of your choice.

  • Capitalized Cost - Essentially, this is the price of the vehicle. Often referred to as "Cap-cost." The higher the cap cost, the higher the payment. The lower the cap cost, the lower the payment. When you hear someone talk about "cap-cost reduction," they are referring to any applicable incentives, discounts, or financial contributions by you (known as the down payment).

  • Down payment - Regardless of leasing or financing, the more you put down, the lower the cap cost will be. This also lowers the amount that gets financed, thus decreasing your payment.

  • The Term - is the length of time you will be paying for the vehicle. Lease terms are typically for 36 months, while finance terms are typically 60 months. The longer the term, the lower the payment. However, interest and lease rates increase slightly with longer terms, and while your monthly payment is less, the total amount you will pay over time might be more.

  • Interest Rate, Lease Rate, and Money Factor - When you take out a loan to finance, you get an interest rate. When you take a loan out to lease, you get a lease rate (otherwise called a money factor). Both of these rates are a function of your credit history. Generally, the higher your credit rating, the better the rate (which lowers your payment).

  • Credit Application - The application you need to submit to be approved for an auto loan from Acura financial. The application will provide your financial history and credit score to determine your loan worthiness. Depending on your credit score, you may be asked for a "co-signer" or "co-applicant" to strengthen your application.

These are the key lease terms you will hear your sales associate and finance manager discuss. If you have any questions about how your financial situation optimizes your deal, you can always call ahead to discuss your credit application with one of our finance managers.

Find an Acura Model to Lease Near Fort Lauderdale

Now that you are an expert in comparing lease deals and finance specials, take a look at our new car inventory and choose an Acura sedan or SUV for your garage.

Lastly, we wanted to let you know that you don't just have to go with a new vehicle to experience our world-class service. We have an impressive inventory of used cars from some of the most exciting auto manufacturers around. You'll find cars, trucks, SUVs, wagons, and more from all the popular makes you see driving our local roads. Whatever it is that you're looking for, you'll find it here at Phil Smith Acura.

Frequently Asked Questions

Should I lease or buy an Acura?

If you're trying to decide if you should lease or buy a new Acura, we invite you to our dealership to compare both ways to buy a car. Leasing and financing each offer different perks to appeal to different needs. When deciding if you should buy or lease, think about how many miles you drive annually and how long you intend to drive the vehicle.

Can you extend an Acura lease?

In some cases, extending an Acura lease is possible. If you would like to extend your lease contract, please get in touch with Acura Financial Services or our dealership's finance department to speak with a branch representative. From there, you can learn more about options for extending your lease, if a month-to-month extension is available, and how to end your lease early.

Can I pay my Acura lease with a credit card?

Depending on your credit history and Acura lease deal, it is possible to pay your car lease with a credit card. However, additional fees may be included with your lease payment to cover this cost. Typically, setting up auto-pay through a bank account is advised to ensure you never miss a payment if your credit card is reported stolen or lost.

Phil Smith Acura - Frequently Asked Questions(FAQ)

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