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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
6666 messages, Last post on Jul 06, 2008 at 4:07 PM
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Just put deposit down on a 2008 MDX Tech w/ Power Tailgate Invoice $40901 Neg. Price $41401, less 2K dealer cash $39401 plus dlr cost for Sport Running Boards($715) and All season mats ($109) Qualified for the last promotional financing rate (4.9%)- (qualified for the lowest super preferred rate, but dealer cash can't be combined with 2.9%)- payment is the same with invoice  2.9 or invoice less 2k at 4.9- figured it's better to owe less on the car overall. Dealer is in Memphis- they've figured out that it'll cost anyone about $500 between gas, car rental, plane ticket, whatever, to get to Atlanta, St.Louis, etc., and drive the car back here, so that's how much they marked it up over invoice. Makes sense to do the deal since we'll be getting it serviced at the dealer we bought from, etc. Already bought a 07 TL from them- worked that deal same way. Atlanta dealers (Ed Voyles Acura) generally deal at invoice and will offer the 2k dealer cash fairly readily. St. Louis wants to keep about $700, offering you about $1300 of the dealer cash (so deal would be $1300 under invoice) Dealers seem to have a lot of MDXs right now with more arriving daily. People seem to be interested in the power tailgate option, so you may be able to work an attractive deal on an existing inventory unit without that option (standalone option became available mid year). The 2009 TL drops this fall and most dealers want to move as much volume as they can to get a good allocation of TLs when they start arriving. Use this to your advantage when negotiating.
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Replying to: burgermac (May 10, 2008 7:32 am) |
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Replying to: dishwash42 (May 10, 2008 12:51 pm) Eventually most luxury automobiles will have a power actuated tailgate, so this feature will make the car appear "newer" to a future buyer, or had you not heard of resale value?
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Replying to: burgermac (May 10, 2008 2:11 pm)
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Replying to: burgermac (May 10, 2008 2:11 pm) |
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Replying to: dishwash42 (May 10, 2008 7:42 pm) |
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I plan to get one sooner or later. Is there any deal in Boston area? It would be quite helpful for me to make a deal. Acura of boston, Herb Cornolly, Peabody Acura.. etc
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Hi everyone. I'm new to this thread, but so far, I have found the information phenomenal. Thanks to everyone! I think I'm going to make the Acura MDX my first car purchase. From what I can gather, the national base invoice price for the tech + ent package is $41683 (w/o destination charge). And currently there is $2000 dealer incintive making the true invoice price $39683. I have a few questions, is the dealer actually charged $715 (destination charge)? Should I try to negotiate on document fees and other dealer fees or should I even have to pay any of this administrative stuff? What should be a good price OTD? I am in Greenville, SC, but I think to get the best deal, I'm going to need to go Atlanta. I'm thinking: $39683 + $715 (destination fee) + $400 TTL = $40,800 OTD should be what I'm shooting for. Any comments or suggestions?
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Replying to: papaharris (May 12, 2008 11:30 am) Doc fees, etc, are a classic way for a dealer to make up some profit lost during negotiations. Give the customer invoice but then hit them up with a $400-$500 documentation fee. The actual cost for the dealer to do documentation varies by state, but is often under $50. Obviously if there are tax/title/license/registration fees paid at time of sale the dealer is paying those. The $2,000 incentive paid to the dealer can't be applied for a lease, so be aware of that. It looks like it's being used to liquidate the 2008 inventory in anticipation of the 2009 which should be out in another month or two. If you can get the dealer to knock $2000 off in lieu of the 2.9% then that is the way to go as I don't believe the difference in interest will be $2,000 even if you financed the car with little or no money down. |
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Replying to: jmpage2 (May 12, 2008 3:39 pm) |
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